San Francisco, US | Xinhua | The U.S. Federal Aviation Administration (FAA) on Wednesday rescinded the order that halted commercial operations of Boeing 737 MAX. The move will allow airlines that are under the FAA’s jurisdiction, including those in the United States, to take the steps necessary to resume service and …
Read More »Hard times for Boeing, long a symbol of American might
New York, United States | AFP | Faced with the calamitous fallout from the coronavirus on airline customers and the broader economy, Boeing found itself in an unfamiliar and uncomfortable position in March. The company, a longtime symbol of American industrial power, was unable to raise the funds to finance its …
Read More »Many questions for Boeing as it reports earnings
New York, United States | AFP | As it reports first quarter earnings Wednesday, Boeing faces many questions over how it will navigate the coronavirus crisis and its devastating impact on global aviation. The largest exporter of manufactured goods in the United States, Boeing is expected by Wall Street analysts to …
Read More »Will 737 MAX crisis take down Boeing CEO?
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 …
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