Boeing
It’s the latest in a string of tragic news involving Chicago-based Boeing: A 737 jet crashed Wednesday, killing all 176 people on board. We discuss that incident and what the future holds for Boeing with Tracy Rucinski, U.S. aviation correspondent for Reuters.
The list of items Boeing could be forced to fix before federal safety officials let the grounded 737 Max airliner fly again has grown to include a problem with electrical wiring used for the plane’s controls.
Mike Luttig, who will retire next week, is the latest executive to leave the beleaguered company. In addition to CEO Dennis Muilenburg who was pushed out this week, Kevin McAllister, the head of Boeing Commercial Airplanes, was forced out in October.
After months of bad PR, public floggings on Capitol Hill and a global grounding of the most important model in its commercial aviation fleet, Boeing has given CEO Dennis Muilenburg his walking papers.
Boeing CEO Dennis Muilenburg resigned Monday over the deadly 737 Max debacle that has plunged the aircraft maker into crisis and damaged its reputation as one of the stalwarts of American industry.
Boeing’s 737 Max headaches continued Wednesday with news that an Irish company that buys and leases airplanes is suing the Chicago-based aerospace giant.
Bloomberg reports that Boeing will temporarily halt production of its grounded 737 Max jetliner next month, according to a person familiar with the matter.
Federal aviation regulators won’t clear Boeing’s troubled 737 Max airplanes for flight until sometime in 2020. That’s according to an interview that Federal Aviation Administration chief Steve Dickson gave to CNBC on Wednesday.
The Federal Aviation Administration said it told Boeing on Tuesday that the agency will retain all authority to issue safety certificates for newly manufactured Max planes.
Boeing still believes it can get permission before the end of the year to fly the 737 Max again.
Lawmakers blasted Boeing and peppered its CEO on Wednesday with questions about the design and marketing of the 737 Max, the plane involved in two crashes that killed 346 people.
On the anniversary of the first of two deadly crashes involving Boeing 737 Max jets, the CEO will tell Congress that the aircraft company knows it made mistakes and is throwing everything into fixing the plane.
Boeing announced that it has stripped CEO Dennis Muilenburg of his title as chairman of the board, a move the company says will allow him to focus more on fixing its troubled 737 Max jets.
American Airlines is pushing back the expected return of its Boeing 737 Max jets into next year. The airline says it expects to slowly bring the plane back into its schedule starting Jan. 16.
Boeing 787 Dreamliners once praised as “beautiful” by President Donald Trump could become a casualty of his escalating trade war with China. That and other business news from Crain’s Chicago Business.
Federal safety officials are recruiting pilots from airlines around the world to test changes that Boeing is making to the flight-control software on the grounded 737 Max jet, according to two people briefed on the situation.