While CEO Dave Calhoun said on an earnings call last month that he was fully focused on improving safety and quality, the CFO told investors Boeing was “still confident” it could reach an annual cash flow target of about $10 billion in the 2025-26 time frame. That goal remains intact,...
Monday, 30 December, 2024 Aviation accidents and safety South Korea to inspect all Boeing B737-800 aircraft after crash Another Jeju Air plane returned to airport on Monday because of warning about landing gear Friday, 27 December, 2024
Following the blow out of a door panel in mid-flight on one of its 737 Max 9 airliners in early January, the company admitted it had made mistakes — so-called "quality escapes" — which prompted regulatory scrutiny of the company's safety record. Shares of the aerospace manufacturer have ...
Boeing is resuming production of its bestselling plane, the 737 Max, for the first time since 33,000 workers began a seven-week strike that ended in early November. The company said Tuesday that plane-building resumed at its plant in Renton, Washington, after going through a process of ...
It already had lost more than 20% of its value since Boeing grounded the 737 Max in March. Moody’s Investors Service on Friday put Spirit’s credit rating under review for a possible downgrade. Spirit is one of four Boeing suppliers being reviewed by Moody’s, which said much depends on...
Sheila Kahyaoglu, a senior equity research analyst at Jefferies, said in a Monday appearance on FOX Business’s"The Claman Countdown"that her firm is maintaining its buy rating for Boeing despite the incident and outlined the importance of the 737 MAX to Boeing. ...
Before this crash, Lion Air had a seven star safety rating, now reduced to six stars. Upvote 0 Downvote Nov 1, 2018 Thread starter #7 itsmoked Electrical Feb 18, 2005 19,114 A prior flight passenger said the plane dropped suddenly "panicking the passengers". Seems like the next ...
Boeing engineers authorized to work on behalf of the FAA developed the System Safety Analysis for MCAS, a document which in turn was shared with foreign air-safety regulators in Europe, Canada and elsewhere in the world. The document, “developed to e...
Troubled aviation giant Boeing reported a first-quarter loss of $343 million on Wednesday, reflecting recent safety troubles that have slowed production and deliveries. Boeing said it tempered production in the 737 program following a January near-catastrophic incident on an Alaska Airlines jet that ...
Boeing on Tuesday officially pushed back the timeframe for the 737 MAX to return to the skies, sending shares plunging and overshadowing an earlier announcement of a first flight of the delayed 777X plane.