Boeing is working to fix a newly discovered problem with software powering up on the 737 Max, adding to the list of tasks the aircraft maker faces to get the grounded plane back in the air. Boeing said Friday it has told the Federal Aviation ...
Southwest joins rivals in again delaying Boeing Max jet's return
Southwest Airlines said Thursday it has taken the grounded Boeing 737 Max out of its schedule until early June and is dropping more than 8 percent of its planned flights as a result. With the moves, Southwest joined rivals in acknowledging that the plane won't ...
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 ...
China has pledged to buy almost $80 billion of additional manufactured goods from the United States over the next two years as part of a trade war truce, according to a source, a target that could provide a much-needed boost for plane-maker Boeing but ...
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 ...
Boeing's ousted CEO departs with $62 million, even without severance pay
Boeing Co's ousted chief executive officer, Dennis Muilenburg, is leaving the company with $62 million in compensation and pension benefits but will receive no severance pay in the wake of the 737 MAX crisis. Muilenburg was fired in December as Boeing failed to contain the ...
'Designed by clowns': Boeing releases internal messages about 737 Max and regulators
Boeing Co. on Thursday released hundreds of internal messages containing harshly critical comments about the development of the 737 Max, including one that said the plane was "designed by clowns who in turn are supervised by monkeys." The messages also show attempts to duck regulatory ...
China's bid to challenge Boeing and Airbus failing to take off
Development of China's C919 single-aisle plane, already at least five years behind schedule, is going even slower than expected, a dozen people familiar with the program said as the state-owned Commercial Aircraft Corp. struggles with technical issues that have severely restricted test flights. Delays are ...
Ukraine wants to search Iran plane crash site for missile debris
Ukraine outlined four potential scenarios on Thursday to explain the deadly crash of one of its airliners in Iran, including a missile strike and terrorism, as Iranian investigators said the plane was on fire before it fell to the ground. Kiev said its investigators wanted ...
Western intelligence agencies see no signs Ukraine airliner was shot down, Canadian source says
The initial assessment of Western intelligence agencies is that a Ukrainian airliner that crashed in Iran on Wednesday was not brought down by a missile, said a Canadian security source. The source, who declined to be identified, said the agencies believed the Boeing 737 had ...
Ukraine jetliner crash another challenge for Boeing
The latest tragic plane crash involving another Boeing aircraft adds to the travails facing the company after its 737 Max was grounded nearly a year ago following two deadly crashes. Details were limited Wednesday about the crash of a Ukraine International Airlines plane, a Boeing ...
