Getting the 737 MAX production line moving again is essential to the heavily debt-burdened planemaker's recovery, and Boeing has about 4,200 orders for the jetliner from airlines
Getting the 737 MAX production line moving again is essential to the heavily debt-burdened planemaker's recovery, and Boeing has about 4,200 orders for the jetliner from airlines
FAA Corrective Action Review Board reviewed the CFM LEAP-1B engine bird strikes which led to smoke entering two Boeing 737 MAX aircraft
Relations with workers have been particularly strained by a strike that lasted for more than seven weeks and consumed much of Ortberg's first months on the job
Boeing on Monday won ratification of a contract giving its machinists a 38 per cent pay hike over four years and a $12,000 bonus, ending the strike
Factory workers at Boeing have voted to accept a contract offer and end their strike after more than seven weeks, clearing the way for the company to restart idled Pacific Northwest assembly lines. But the strike was just one of many challenges the troubled US aerospace giant faces as it works to return to profitability and regain public confidence. Boeing's 33,000 striking machinists disbanded their picket lines late Monday after leaders of the International Association of Machinists and Aerospace Workers district in Seattle said 59 per cent of union members who cast ballots agreed to approve the company's fourth formal offer, which included a 38 per cent wage increase over four years. Union machinists assemble the 737 Max, Boeing's bestselling airliner, along with the 777 or triple-seven jet and the 767 cargo plane at factories in Renton and Everett, Washington. Resuming production will allow Boeing to generate much-needed cash, which it has been bleeding. Even for a company the
Unionised machinists at Boeing voted Monday to accept a contract offer and end their strike after more than seven weeks, clearing the way for the aerospace giant to resume production of its bestselling airliner and generate much-needed cash. Leaders of the International Association of Machinists and Aerospace Workers district in Seattle said 59% of members who cast ballots agreed to approve the company's fourth formal offer and the third put to a vote. The deal includes pay raises of 38% over four years, and ratification and productivity bonuses. However, Boeing refused to meet strikers' demand to restore a company pension plan that was frozen nearly a decade ago. The contract's ratification on the eve of Election Day clears the way for a major U.S. manufacturer and government contractor to restart Pacific Northwest assembly lines that the factory workers' walkout have idled for 53 days. According to the union, the 33,000 workers it represents can return to work as soon as Wednesda
Boeing overcharged the Air Force nearly USD 1 million for spare parts on C-17 cargo planes, including an 8,000 per cent markup for simple lavatory soap dispensers, according to the Pentagon's inspector general. The Defense Department's auditor reviewed prices paid for 46 spare parts on the C-17 from 2018 to 2022 and found that 12 were overpriced and nine seemed reasonably priced. It couldn't determine the fairness of prices on the other 25 items. The Office of the Inspector General said it reviewed the soap dispenser prices after getting a hotline tip. Boeing disputed the findings. We are reviewing the report, which appears to be based on an inapt comparison of the prices paid for parts that meet aircraft and contract specifications and designs versus basic commercial items that would not be qualified or approved for use on the C-17," Boeing said in a statement. We will continue to work with the OIG and the US Air Force to provide a detailed written response to the report in the .
Boeing plans to lay off about 10% of its workers in the coming months as it continues to lose money and tries to deal with a strike that is crippling production of the company's best-selling airline planes. New CEO Kelly Ortberg told staff in a memo Friday that the job cuts will include executives, managers and employees. The company had already imposed rolling temporary furloughs, but Ortberg said those will be suspended because of the impending layoffs. The company will delay the rollout of a new plane, the 777X, to 2026 instead of 2025. It will also stop building the cargo version of its 767 jet in 2027 after finishing current orders. Boeing has lost more than $25 billion since the start of 2019. Union machinists have been on strike since Sept. 14. Two days of talks this week failed to produce a deal.
The National Transportation Safety Board on Sept. 26 issued urgent safety recommendations to Boeing and the FAA after investigating the potential for rudder issues in some 737 airplanes
Akasa Air on Tuesday said there will be no disruptions to its flight operations due to the latest advisories regarding potential risk of a jammed rudder control system in Boeing 737 planes. The airline operates a fleet of 25 Boeing 737 MAX aircraft. On Monday, the Directorate General of Civil Aviation (DGCA) issued an advisory to Indian airlines operating Boeing 737 planes regarding the potential risk. An Akasa Air spokesperson said the identified issue does not impact its operations. "Akasa can confirm that there will be no disruptions to our flight schedule as a result of the latest DGCA / Boeing advisories," the spokesperson said in a statement. The airline did not mention whether its planes are impacted. A recent probe report by the US National Transportation Safety Board (NTSB) highlighted safety concerns involving Boeing 737 aircraft equipped with Collins Aerospace SVO-730 Rudder Rollout Guidance Actuators. Against this backdrop, DGCA came out with the advisory. In August
The DGCA stated that all flight crews involved in B737 planes must be informed, through a circular or advisory, about the possibility of a jammed or restricted rudder control system
Aviation regulator DGCA on Monday issued an advisory to Indian airlines operating Boeing 737 planes regarding the potential risk of a jammed rudder control system. The move follows the recent probe report by the US National Transportation Safety Board (NTSB) that highlighted safety concerns involving Boeing 737 aircraft lanes equipped with Collins Aerospace SVO-730 Rudder Rollout Guidance Actuators. Against the backdrop of the potential risk of a jammed or restricted rudder control system, the Directorate General of Civil Aviation (DGCA) has issued safety recommendations to the Indian carriers. Currently, Air India Express, Akasa Air and SpiceJet operate Boeing 737 planes. DGCA said all flight crews are to be informed through a circular/advisory regarding the possibility of a jammed or restricted rudder control system. "Appropriate mitigations must be communicated to help crews identify and handle such a situation," it added. Further, all operators have been asked to conduct a sa
The issue is the latest setback to Boeing, which has faced a series of safety questions after a mid-air emergency in January involving a new Alaska Airlines MAX 9 missing four key bolts
Boeing said it's working with its supplier to develop additional guidance to address the potential condition with the rudder system
Boeing has agreed to plead guilty to a fraud charge resulting from failing to disclose critical design elements to regulators responsible for certifying the 737 MAX aircraft
The deal follows a DOJ finding in May that Boeing breached a 2021 agreement that had shielded it from prosecution
Boeing will plead guilty to a criminal fraud charge stemming from two deadly crashes of 737 Max jetliners after the government determined the company violated an agreement that had protected it from prosecution for more than three years, the Justice Department said Sunday night. Federal prosecutors gave Boeing the choice this week of entering a guilty plea and paying a fine as part of its sentence or facing a trial on the felony criminal charge of conspiracy to defraud the United States. Prosecutors accused the American aerospace giant of deceiving regulators who approved the airplane and pilot-training requirements for it. The plea deal, which still must receive the approval of a federal judge to take effect, calls for Boeing to pay an additional $243.6 million fine. That was the same amount it paid under the 2021 settlement that the Justice Department said the company breached. An independent monitor would be named to oversee Boeing's safety and quality procedures for three ...
Boeing is being sanctioned by US investigators for sharing information about a federal investigation of a door plug blowout that left a gaping hole in a Boeing 737 Max 9. The National Transportation Safety Board (NTSB) said Thursday that Boeing blatantly violated the agency's investigative regulations as well as a signed agreement by providing non-public investigative information to the media and speculating about possible causes of the January 5 door plug blowout on a Boeing passenger jet in Portland, Oregon. During the incident, a panel that plugged a space left for an extra emergency door blew off an Alaska Airlines Max 9. Pilots were able to land safely, and there were no injuries. The NTSB said that on Tuesday during a media briefing, a Boeing executive provided non-public investigative information to the media about the Alaska Airlines incident that the agency had not verified or authorized for release. The NTSB said that Boeing portrayed the NTSB's investigation as a search
Spirit posted a net loss of $617 million and burned through $444 million in the first quarter, far more than analysts had expected