Boeing chairman says CEO Dennis Muilenburg did 'everything right'

Business Nov 6, 2019

Boeing chairman says CEO Dennis Muilenburg did 'everything right'

Boeing's new chairman on Tuesday gave a forceful vote of confidence in CEO Dennis Muilenburg amid calls in Congress for the embattled Boeing chief executive to resign after two deadly crashes. "Dennis has done everything right," Boeing Chairman David Calhoun told CNBC, praising Muilenburg for ...

Boeing cites U.S.-China trade fight as it trims 787 output

Business Oct 24, 2019

Boeing cites U.S.-China trade fight as it trims 787 output

Boeing cut its production plan for the 787 jet after receiving fewer orders than expected from China, which has been locked in a trade battle with Washington since last year, the company's chief executive said Wednesday. The U.S.-China trade situation "has presented challenges for our ...

Boeing makes progress on 737 Max but FAA needs weeks to review

Business Oct 23, 2019

Boeing makes progress on 737 Max but FAA needs weeks to review

Boeing Co is making progress toward getting its 737 Max aircraft in the air again, but the U.S. Federal Aviation Administration will need at least several more weeks for review, FAA Administrator Steve Dickson said on Tuesday. Boeing and the FAA are grappling to contain ...

Boeing unveils revamp to deepen safety focus after 737 Max crashes

Business Oct 1, 2019

Boeing unveils revamp to deepen safety focus after 737 Max crashes

Boeing Co. Chief Executive Officer Dennis Muilenburg unveiled a structural overhaul intended to sharpen the plane-maker's focus on safety after two accidents of its 737 Max killed 346 people within a five-month span. Acting on a recommendation from the board, Muilenburg is creating a new ...