Page 9 - Boeing

Boeing Co's revival road map put to test by dwindling time and cash

Chief Executive Officer Dave Calhoun put an optimistic spin on the embattled company's outlook as he presented Boeing's earnings on Wednesday

Boeing hunting for new CEO to mend damage done by safety incidents

Late last month, the company announced that Calhoun would step down at the end of the year, much earlier than expected

Boeing Q1 results: Loss at $355 mn as revenue declines amid safety concerns

Boeing posts a USD 355 million loss as the plane maker tries to dig out from under its latest crisis

Boeing, Spirit agree on $425 mn deal to address supplier's issues

Spirit will also provide to Boeing specified financial information on a weekly basis

Boeing expects slower growth in 787 production rate and deliveries

Boeing said its 787 production rate was five per month during the last quarter of 2023

Prioritising quality, safety of Boeing products over production: Alaska Air

The Boeing situation is rippling through the industry, compelling airlines to adjust their fleet plans at a time travel demand is projected to hit record levels

Boeing's safety culture to come into spotlight at US Senate hearings

Boeing has been grappling with a crisis that has undermined its reputation following the Jan. 5 mid-air panel blowout on a 737 MAX single-aisle plane

Boeing plane's mid-air blowout result of ignorance to safety: FAA panelist

The company is preparing a 90-day plan to overhaul its quality and safety practices in response to the panel's findings

Boeing to ask operators for new 787 checks linked to jet's multiyear review

Boeing's latest recommendation comes as it responds to mounting scrutiny of its manufacturing and safety practices

US Senate committee to hold hearing today on Boeing safety culture report

The panel's report was directed by Congress after fatal 737 MAX crashes in Indonesia in 2018 and Ethiopia in 2019 that killed 346 people, including panel member De Luis' sister in the Ethiopian crash

Boeing CEO to testify on jetliner safety after whistleblower charges

A Senate subcommittee has summoned Boeing CEO David Calhoun to testify about the company's jetliners in an inquiry prompted by new safety-related charges from a whistleblower. The panel said it will hold a hearing next week featuring a Boeing quality engineer, Sam Salehpour, who is expected to detail safety concerns involving the manufacture and assembly of the 787 Dreamliner. The subcommittee said in a letter that those problems could create potentially catastrophic safety risks. Boeing would not say whether Calhoun plans to attend the April 17 hearing. In response to a query from The Associated Press, a spokesperson said only that the company is cooperating with the subcommittee's inquiry and has offered to provide documents, testimony and technical briefings. The Federal Aviation Administration has also been investigating Salehpour's allegations since February, according to the subcommittee. The FAA did not immediately respond to a request for comment. Salehpour, whose concerns

Here's how Boeing's latest crisis could imperil 2021 DOJ crash agreement

Justice Department officials are probing whether Boeing has complied with that 2021 agreement and are considering the Jan. 5 blowout on an Alaska Airlines 737 MAX 9 jet as part of that review

Airlines struggle with lack of planes ahead of summer travel surge

Boeing is reeling from a sprawling crisis that erupted after the January 5 Alaska Airlines blowout.

WATCH: Boeing 737-800 plane engine cover falls off during takeoff in US

The Southwestern Airlines aircraft rose to 10,300 feet and was forced to return to the Denver International Airport, where it made a safe landing

Virgin Atlantic jet collides with another plane at Heathrow; no injuries

A Virgin Atlantic jet collided with another plane while it was being towed at Heathrow Airport on Saturday, aviation authorities said. There were no reports of injuries. Virgin said its Boeing 787-9 had completed a flight and had no passengers aboard when its wingtip clipped a stationary British Airways jet while being towed from a stand at the airport's Terminal 3. Images posted on social media showed several fire trucks surrounding the two planes, whose wings were touching. We've commenced a full and thorough investigation and our engineering teams are performing maintenance checks on the aircraft, which for now has been taken out of service, Virgin said in a statement. BA said engineers were also looking at its plane. Heathrow said that no passenger injuries have been reported and we do not anticipate there to be any ongoing impact to airport operations.

Boeing paid $160 mn in compensation after MAX 9 grounding, says Alaska Air

"Although we did experience some book away following the accident and 737-9 MAX grounding, February and March both finished above our original pre-grounding expectations," Alaska said

'Shortcuts everywhere': How Boeing favoured speed over quality

Boeing employees said the incident reflected longstanding problems. Several said employees often faced intense pressure to meet production deadlines, sometimes leading to questionable practices

Boeing at risk of downgrade by Moody's Ratings over cash flow concerns

Boeing on Monday announced a management shakeup that includes Chief Executive Officer Dave Calhoun stepping down at the end of the year

Biggest challenge facing new Boeing CEO is winning over other airlines

Boeing's new management faces a myriad of challenges - criminal investigations, eroding finances, regulatory scrutiny, market share losses to rival Airbus SE, etc.

Boeing CEO Dave Calhoun to step down this year, board chairman to exit

Boeing CEO Dave Calhoun will step down from the embattled plane maker at the end of the year after a series of mishaps at one of America's most storied manufacturers. Board Chair Larry Kellner has also told the company he doesn't plan to stand for re-election. Boeing also said Monday that Stan Deal, president and CEO of its commercial airplanes unit, will retire from the company. Stephanie Pope will now lead the division. The Federal Aviation Administration has put the company under intense scrutiny and recently ordered an audit of assembly lines at a Boeing factory near Seattle, where the company builds planes like the Alaska Airlines 737 Max that suffered a door-panel blowout on Jan. 5. Investigators say bolts that help keep the panel in place were missing after repair work at the Boeing factory. The incident has raised scrutiny of Boeing to its highest level since two crashes of Boeing 737 Max jets in 2018 and 2019 that killed 346 people. Shares rose more than 2% before the mark