Just over five years ago, 346 people were killed in two plane crashes that happened five months apart in Indonesia and Ethiopia. Both were Boeing 737 Max 8 planes. Then in January 2024, a near catastrophe occurred when a door plug blew off an Alaska Airlines 737 Max 9 plane at 16,000 feet, shortly after it took off from … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Boeing’s 737 has been around since the 1960s. There have been many variations of the aircraft but the 737 Max, which debuted in 2017, has encountered problem after problem over the last five years. From two fatal Max 8 crashes in 2018 … Read more
Boeing CEO Dave Calhoun speaks with reporters on Capitol Hill in Washington, D.C., before meeting with a group of senators on Jan. 24, 2024. Jim Watson | AFP | Getty Images Outgoing Boeing CEO Dave Calhoun’s take-home pay fell to $5 million last year after declining a bonus, compared with $7 million in 2022, and … Read more
Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. JanValls | Nurphoto | Getty Images United Airlines is asking pilots to take unpaid time off next month, citing late-arriving aircraft from Boeing, according to a note sent to pilots. It’s another example of how Boeing’s customers … Read more
A Boeing 737 Max aircraft during a display at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. Peter Cziborra | Reuters Boeing needs to be led by engineers if it wants to pull itself out of its current crisis, Tim Clark, the president of Emirates Airline, said in comments Wednesday. The American aerospace … Read more
An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Lindsey Wasson | Reuters Help wanted at Boeing. CEO Dave Calhoun on Monday announced he is stepping down from the aerospace giant’s top post at year’s end as the company struggles with … Read more
Boeing CEO Dave Calhoun speaks to reporters as he departs from a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC. Anna Moneymaker | Getty Images Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shake-up for … Read more
French planemaker Airbus is “not happy” about the multitude of problems facing its U.S. rival Boeing, according to its chief financial officer. “We’re not happy with the issues that our competitor’s having. I think it’s not helpful for the industry, and if it’s not helpful for the industry, it’s not helpful for Airbus,” Thomas Toepfer … Read more
United Airlines CEO Scott Kirby speaking in Chicago on June 5, 2019. Kamil Krzaczynski | Reuters United Airlines CEO Scott Kirby on Monday sought to reassure customers about the carrier’s safety after a series of flight problems in recent weeks. In one incident this month, a tire fell from one of the carrier’s Japan-bound Boeing … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Helane Becker, TD Cowen senior research analyst, joins ‘Closing Bell Overtime’ to talk how Boeing’s mounting issues are weighing on the airline sector as stocks like Southwest are dragged to multi-year lows. Read original article here Denial of responsibility! Pioneer Newz is … Read more
