Boeing's 737 Max crisis puts credit ratings at risk of downgrade
Boeing Co.'s credit rating is at risk as the grounding of the company's 737 Max jetliner drags into a fifth month, with Moody's Investors Service joining Fitch Ratings in sounding a warning. The plane maker faces a $5 billion cash-flow drain this year as it ...
Libya warplane of Khalifa Hifter's forces makes emergency landing in Tunisia
A Libyan warplane of military commander Khalifa Hifter's forces made an emergency landing in neighboring Tunisia on Monday, authorities in Libya said. The aircraft was on a "reconnaissance and patrol mission and suffered a technical problem resulting in an emergency landing" in southern Tunisia, said ...
Boeing to give $100 million 'initial investment' to 737 Max crash victims' families and communities
Boeing announced Wednesday it would give $100 million to communities and families affected by two crashes involving its 737 Max planes that claimed 346 lives. Describing the sum as an "initial investment" over multiple years, the company said it would work with local governments and ...
All 14 aboard reported killed when private jet from Las Vegas crashes en route to Mexico
The remains of a plane that disappeared en route from the U.S. city of Las Vegas to Monterrey in northern Mexico have been found, a state government official said on Monday, with local media reporting that all 14 on board had died. Mexican newspaper Reforma ...
Pilot says lightning caused deadly Aeroflot crash during emergency landing
The pilot of a Russian passenger plane that erupted in a ball of fire on the runway of Moscow's busiest airport, killing 41 people, said lightning led to the emergency landing. Investigators were on Monday working to understand the causes of the blaze after the ...
41 feared killed as Aeroflot jetliner makes fiery emergency landing in Moscow
Forty-one people including at least two children are believed to have died when a Russian passenger plane made an emergency landing and was engulfed in flames at Moscow's busiest airport Sunday, investigators said. Dramatic footage shared on social media showed Aeroflot's Sukhoi Superjet 100 aircraft ...
Boeing left airlines and FAA in dark on 737 alert linked to Lion Air crash
Boeing Co. knew months before a deadly 737 Max crash that a cockpit alert wasn't working the way the company had represented to buyers of the jetliner. But the planemaker didn't tell airlines or the Federal Aviation Administration of the problem with the warning light ...
Boeing says regulators will test 737 Max software fix by next week
Boeing expects U.S. regulators will conduct a test flight of a software fix for the grounded 737 Max by the end of next week, a company spokesman said Monday. Boeing expects the certification of the software fix — a key step in returning the planes ...
Pilots demand better training if Boeing wants to rebuild trust in 737 Max
American Airlines pilots have warned that Boeing Co.'s draft training proposals for the troubled 737 Max do not go far enough to address their concerns, according to written comments submitted to the U.S. Federal Aviation Administration and seen by Reuters. The comments were made by ...
Anti-stall software upgrade for 737 Max nearing completion ahead of FAA certification, Boeing says
Boeing Co. has said it is close to a significant milestone that's one of the last steps before it submits to U.S. regulators a patch for anti-stall software linked to two fatal 737 Max accidents. The company has completed its engineering trial of the updated ...
Boeing records zero new 737 Max orders amid global grounding
Boeing Co.’s orders and deliveries sank in the first quarter, with zero new orders for the 737 Max following a worldwide grounding in March in the wake of two fatal plane crashes. The groundings forced Boeing to freeze deliveries of the Max, which had been ...
Boeing defends 'fundamental safety' of 737 Max after crash report but admits system error
Embattled U.S. aviation giant Boeing on Thursday insisted on the "fundamental safety" of its 737 Max aircraft but pledged to take all necessary steps to ensure the jets' airworthiness. The statements came hours after Ethiopian officials said pilots of a doomed plane that crashed last ...
