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Boeing

All articles tagged with #boeing

Alaska Airlines Pilot Sues Boeing Over Midair Door Blowout

Originally Published 5 days ago — by ABC News

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Source: ABC News

An Alaska Airlines pilot is suing Boeing, claiming the company wrongly blamed him and others for a 2024 incident where a panel blew out of a Boeing 737 Max, causing minor injuries but a safe landing, after Boeing and its supplier were implicated in a repair oversight. The pilot, praised for his quick response, alleges Boeing's attempts to deflect liability caused him distress and legal issues, despite the NTSB's findings of a maintenance error.

Boeing Stock Rises on Optimistic Delivery and Cash Flow Outlook

Originally Published 1 month ago — by Investor's Business Daily

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Source: Investor's Business Daily

Boeing's stock surged after CFO Jay Malave provided an optimistic outlook on recovery, delivery forecasts, and the company's acquisition of Spirit AeroSystems, despite recent production challenges and lower November sales, with the stock rebounding and showing year-to-date gains.

Federal Judge Dismisses DOJ Criminal Case Against Boeing Over 737 Max Crashes

Originally Published 2 months ago — by Politico

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Source: Politico

A federal judge approved the DOJ's request to dismiss the criminal case against Boeing, citing concerns over the company's non-prosecution agreement which lacks independent monitoring and accountability, despite Boeing's commitment to safety and compliance efforts following the 737 MAX crashes.

Boeing Faces $4.9 Billion Charge Amid 777X Delays and Quarterly Loss

Originally Published 2 months ago — by The Guardian

Featured image for Boeing Faces $4.9 Billion Charge Amid 777X Delays and Quarterly Loss
Source: The Guardian

Boeing delayed the delivery of its 777X jets to 2027, incurring nearly $5 billion in charges due to ongoing delays, which have accumulated to over $15 billion, impacting its finances and opening opportunities for competitors like Airbus, while the company sees some positive signs in increased aircraft production and deliveries amid rising international travel demand.

Boeing Faces $4.9 Billion Charge Amid 777X Delays and Revenue Gains

Originally Published 2 months ago — by Bloomberg.com

Featured image for Boeing Faces $4.9 Billion Charge Amid 777X Delays and Revenue Gains
Source: Bloomberg.com

Boeing announced a $4.9 billion charge and delayed the debut of its 777X jet to 2027, reflecting ongoing challenges with the aircraft's development. Despite the delay, Boeing's quarterly revenue and cash flow improved due to increased aircraft deliveries, though the company faces continued hurdles including production delays and regulatory scrutiny.

FAA Approves Boeing's 737 Max Production Increase After Crash

Originally Published 2 months ago — by CNBC

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Source: CNBC

Boeing has received FAA approval to increase the production of its 737 Max jets to 42 per month, nearly two years after a safety crisis led to production restrictions following two fatal crashes and a subsequent grounding of the aircraft. The FAA conducted extensive reviews to ensure safety as Boeing plans further increases, signaling a recovery in confidence and a step towards stabilizing the company's production and financial performance.