Boeing will plead guilty to a criminal fraud charge stemming from two crashes of 737 Max jetliners that killed 346 people, including several Canadians, after the U.S. government determined the company violated an agreement that had protected it from prosecution. The plea deal, which was revealed by the U.S. Justice Department on Sunday night and … Read more
U.S. lawmakers pressed Boeing’s chief executive Tuesday about the company’s latest plan to fix its manufacturing problems, and relatives of people who died in two crashes of Boeing 737 Max jetliners were in the room to remind him of what was at stake. CEO David Calhoun appeared before the Senate investigations subcommittee, which is chaired by … Read more
Airline executives are frustrated with Boeing as its safety crisis has upended their business plans. But in a tight market for large aircraft supplied by two companies, they have little choice but do business with the U.S. plane maker. Despite some public displays of alarm — United Airlines CEO Scott Kirby flew to France to … Read more
