New York, United States | AFP | The crisis over the 737 MAX that has tarnished Boeing’s image has finally cost Dennis Muilenburg his title as chairman. But Boeing’s move last week to strip Muilenburg of his chairmanship — even as he remains chief executive — could be a prelude to …
Read More »Boeing reports biggest-ever loss as 737 MAX grounding drags on
New York, United States | AFP | Boeing reported its biggest loss ever Wednesday as the 737 MAX crisis drags on, and the company warned it could be forced to temporarily halt production of the plane if it cannot return to the skies. The aviation giant’s troubles have been mounting since …
Read More »Embattled Boeing to give $100 mn to 737 MAX crash victims’ families
New York, United States | AFP | Boeing, under scrutiny after two crashes that claimed 346 lives, announced Wednesday it would give $100 million to communities and families affected by the 737 MAX disasters. Describing the sum as an “initial investment” over multiple years, the company said it would work with …
Read More »Pilots tell US Congress more training needed on 737 MAX
New York, United States | AFP | US pilots, including Chesley “Sully” Sullenberger III, called Wednesday for enhanced training on the Boeing 737 MAX before the aircraft is returned to service following two deadly crashes. Sullenberger, who famously landed a damaged plane on the Hudson River in New York in 2009, …
Read More »Boeing’s troubled 737 MAX gets huge vote of confidence from IAG
Le Bourget, France | AFP | US aircraft giant Boeing got a welcome vote of confidence in its beleaguered 737 MAX plane on Tuesday when International Airlines Group, owner of British Airways, said it wanted to buy 200 of the planes. The companies said they had signed a letter of intent …
Read More »Will FAA’s plan for 737 MAX fly outside US?
New York, United States | AFP | Getting Boeing’s top-selling 737 MAX back in the skies faces a critical test this week as the company and US regulators each seek to restore their reputations after two deadly crashes. The US Federal Aviation Administration will convene a summit of global aviation regulators …
Read More »Boeing wins confidence of shareholders, prepares for key 737 MAX test flight
Chicago, United States | AFP | Boeing executives successfully beat back shareholder challenges to their authority on Monday as the company signaled it expects regulators to take a key step next week in the effort to get the 737 MAX back in the air following two deadly crashes. The aerospace …
Read More »Boeing holds test flights for 737 MAX fix: sources
New York, United States | AFP | Boeing has flown test flights of its 737 MAX to evaluate a fix for the system targeted as a potential cause of two deadly plane crashes, two sources familiar with the matter said Tuesday. The aviation giant, which has been under fire and has …
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