A move to Arlington, Virginia, would put Boeing executives close to officials for their key customer, the Pentagon, and the Federal Aviation Administration, which certifies Boeing passenger planes.
Boeing
Deerfield-based Walgreens Boots Alliance is taking bids for its international drugstore chain, Boots. Boeing makes a $450 million investment in Wisk, an autonomous air-taxi start up. And Chicago’s Loop Capital announces its acquiring BMO Asset Management.
The Transportation Ministry said in a statement Wednesday that the aircraft will be permitted to fly in Indonesia, but only after airlines carry out airworthiness directives.
Boeing’s former CEO defended the company’s safety record after a pair of deadly crashes, and implied some of the blame lay with insufficiently trained pilots. But a new book argues changes in corporate culture and government oversight led Boeing to prioritize profit over safety.
A small group of Boeing engineers who perform key safety tasks are raising concerns about their ability to work free of pressure from supervisors, and their comments are prompting federal regulators to take a broader look into the company’s safety culture.
U.S. regulators cleared the way for Max jets to resume flying late last year after Boeing made changes, including overhauling flight-control software that played a role in the crashes. This spring, about 100 new Max jets were idled for several weeks because of an unrelated problem with electrical grounding of cockpit instruments.
The Federal Aviation Administration said Thursday that the settlement covers the installation of unapproved sensors and other parts on some Boeing 737 NG and 737 Max planes built between 2015 and 2019.
House Transportation Committee Chairman Peter DeFazio, D-Ore., said Tuesday there are “new and ongoing issues (at Boeing) that point to problems in maintaining quality control and appropriate FAA oversight of production issues.”
Boeing Co. reported a wider than expected first-quarter loss on Wednesday and took another charge on its program to build two new Air Force One presidential planes after firing a contractor it hired to help perform the work.
More than 100 new Boeing 737 Max jetliners remain grounded by problems with an electrical issue in some components, and airlines are waiting for Boeing to come up with a plan for repairing the planes.
A lawsuit filed in Seattle against Boeing alleges that a malfunctioning autothrottle system on an older 737 jet led to the crash of the Sriwijaya Air plane into the Java Sea in Indonesia last January, killing all 62 people on board.
Airlines pulled dozens of Boeing Max 737s out of service for inspections after the aircraft maker told them about a possible electrical problem, the latest setback for the plane.
Fallout for Chicago-based Boeing after an aircraft engine explodes near Denver. Crain’s Chicago Business editor Ann Dwyer has details on that story and more business news.
Developing news out of Indonesia as officials try to understand what caused the Saturday crash of a 737-500 jet from Chicago-based Boeing. Crain’s Chicago Business reporter A.D. Quig has details on that story and more.
The government and the company said Thursday that the settlement includes money for the crash victims’ families, airline customers and a fine.
Commercial flights with Boeing 737 Max jetliners resumed Wednesday for the first time since they were grounded worldwide nearly two years ago following two deadly accidents.
