Boeing heads to court to oppose release of 737 Max documents
Boeing Co. heads to court on Wednesday to dispute a request from lawyers representing victims of a 737 Max crash for documents related to the aircraft's design, development and two fatal disasters involving the now-grounded plane. Chicago-based Boeing faces around 100 lawsuits by families of ...
Audit slams safety U.S. oversight of Southwest Airlines, saying carrier put millions at risk
The Federal Aviation Administration's lax oversight allowed Southwest Airlines to put millions of passengers at risk, according to a new audit that adds to scrutiny of the U.S. regulator. The audit shows the FAA, already facing questions for its certification of the grounded Boeing 737 ...
Boeing Co. booked no new orders for airplanes last month, the first time it has come up empty-handed in January since 1962, as the U.S. plane-maker's once best-selling jet, the 737 Max, remained grounded following two fatal crashes. The airplane maker, struggling with a crisis ...
Mitsubishi Aircraft has 'hundreds' of airline commitments for SpaceJet M100, exec says
Japan's Mitsubishi Aircraft Corp. has unannounced commitments from customers to buy hundreds of its SpaceJet M100 regional jets, but its first focus is on certifying its larger introductory model, the M90, a senior executive said on Tuesday. The company's biggest shareholder, Mitsubishi Heavy Industries, last ...
Asia's biggest air show opens in Singapore Tuesday under the shadow of a deadly coronavirus outbreak that has prompted dozens of companies to withdraw and threatens to hammer the aviation industry. The biennial Singapore Airshow attracts hundreds of global aerospace firms and airlines to the ...
FAA chief Steve Dickson says regulators seem set to agree on 737 Max design fix
U.S. Federal Aviation Administrator Steve Dickson said on Thursday international air safety regulators were likely to agree on the design fixes needed to return the Boeing 737 Max aircraft to service. Dickson, the U.S. regulator who has responsibility for approving a return to service by ...
Boeing Co. successfully staged the first flight of the world's largest twin-engine jetliner on Saturday, a respite from the crisis over its smallest model, the grounded 737 Max. The 777X, a larger version of the 777 mini-jumbo, touched down at the historic Boeing Field outside ...
737 Max return to the skies delayed until mid-2020, Boeing says
Boeing on Tuesday officially pushed back the timeframe for the 737 Max to return to the skies, sending shares plunging and overshadowing an earlier announcement of a first flight of the delayed 777X plane. Boeing said it is now targeting the return of the grounded ...
Boeing seeks to borrow $10 billion or more amid 737 Max crisis: CNBC
Boeing Co. is in talks with banks about borrowing $10 billion or more amid rising costs after the two fatal 737 Max crashes, CNBC reported on Monday citing people familiar with the matter. The U.S. plane-maker has so far secured at least $6 billion from ...
Boeing approaches Citi for new loan amid 737 Max crisis: sources
Boeing Co. is talking to a group of banks about a potential loan as it deals with the production halt of its grounded 737 Max jetliners, according to people familiar with the matter. Citigroup Inc. is leading the discussions between Boeing and a small group ...
New Boeing Chief Executive David Calhoun told employees on Monday the company must strengthen its culture, focus on "integrity" and be "transparent," according to an email sent to staff. Calhoun, a longtime Boeing board member, officially took over on Monday as chief executive, replacing Dennis ...
Steve Mnuchin says Boeing woes could lop a half-point from U.S. GDP
Troubles at aircraft maker Boeing Co. could trim about half a point from U.S. GDP in 2020 but economic growth should still come in at about 2.5 percent, said Treasury Secretary Steven Mnuchin. Mnuchin discussed the growth outlook, plans to sign the first phase of ...
