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InterviewBoeing Co
Boeing’s largest union seeks seat on plane maker’s board
...In 2021, Boeing admitted wrongdoing in two fatal crashes, but the department agreed to ask the court to dismiss the case in three years if the company paid $2.5bn and operated a compliance programme....
March 25, 2024
News updates from April 24: Meta shares fall after earnings; Spain’s PM considers quitting
Moody’s downgrades Boeing one notch above junk grade
...Moody’s downgraded Boeing’s senior unsecured debt rating to one notch above junk with a negative outlook, citing “inadequate performance” of the company’s commercial planes business....
April 24, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
LexBoeing Co
Why Boeing’s cash woes could merit an industrial policy lifeline Premium content
...But the first question is why America’s famous private sector model has fallen short at Boeing. The company maintains that in a few years’ time, annual free cash flow will reach $10bn....
April 26, 2024
Boeing Co
Boeing burns through $4bn in first quarter after door plug blowout
...Regulators have given the company until the end of May to submit a plan to improve....
April 24, 2024
News updates from April 24: Meta shares fall after earnings; Spain’s PM considers quitting
Boeing reports $355mn loss on slower Max production
...Boeing is being investigated by aviation regulators and the US Department of Justice after a door panel violently detached from the fuselage of an Alaska Airlines jet in mid-flight in January....
April 24, 2024
Turkish Airlines Inc
Turkish Airlines ‘not in a rush’ to buy more Boeing jets
...US aviation safety regulators have capped Boeing’s output of its 737 Max aircraft while the company focuses on improving its manufacturing and quality processes....
April 29, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthBoeing Co
Higher fares and fewer planes: Boeing crisis forces airlines to cut services
...The company this week reported burning almost $4bn in cash in the first quarter....
April 25, 2024
News updates from April 25: US economy grew less than expected in Q1; Microsoft and Alphabet beat Wall Street estimates
American Airlines to receive fewer 737 Max jets amid Boeing safety crisis
...Boeing has slowed the pace of its assembly line in Renton, Washington as it deals with the aftermath of a midair blowout of a door panel on a commercial flight three months ago....
April 25, 2024
News updates from April 25: US economy grew less than expected in Q1; Microsoft and Alphabet beat Wall Street estimates
Southwest to cut jobs and operations after Boeing fails to deliver aircraft
...The airline said it was “focused on controlling what it can control” after Boeing said it would deliver only 20 of the 46 737 Max aircraft Southwest expected to receive this year, curtailing its growth plans...
April 25, 2024
News updates from April 17: UK inflation falls less than expected; Boeing engineer says safety concerns are ignored
United Airlines blames Boeing for first-quarter loss
...The Chicago-based airline posted a pre-tax loss of $164mn, which the carrier said reflects “the approximately $200mn impact from the Boeing 737 Max 9 grounding, without which the company would have reported...
April 16, 2024
News updates from April 16: Powell says inflation fight will take ‘longer than expected’; China GDP jumps 5.3%
United Airlines blames Boeing for first-quarter loss
...The Chicago-based airline had a pre-tax loss of $164mn, which the carrier said reflects “the approximately $200mn impact from the Boeing 737 Max 9 grounding, without which the company would have reported...
April 16, 2024
Inside BusinessPeggy Hollinger
Why Boeing chief’s $33mn pay is hard to justify
...But Woods presided over the company’s second most profitable year. That is not the case at Boeing....
April 17, 2024
News updates from April 18: Netflix profits surge; Jurors selected for Trump’s ‘hush money’ trial
Boeing engineer says safety concerns ignored by plane maker
...Sam Salehpour, a quality engineer at the company, said he was berated by a manager in response to repeatedly questioning the safety of the 777 and 787 aeroplanes....
April 17, 2024
News updates from April 22: Huw Edwards resigns from BBC; Head of Israeli military intelligence to resign
The week ahead: Boeing and Airbus to report earnings this week
...UK-listed stocks, all of which are growing faster than international brand name blue-chip companies listed on the London market....
April 21, 2024
News updates from April 17: UK inflation falls less than expected; Boeing engineer says safety concerns are ignored
Boeing engineer says safety concerns are ignored inside plane maker
...Sam Salehpour, a quality engineer at the company, said he was berated by a manager in response to repeatedly questioning the safety of the 777 and 787 aeroplanes....
April 17, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 4 September237 Park Avenue, New York, NY, USA
Boeing Co
Boeing rejects whistleblower claim of 787 safety risks
...The regulator has limited the number of 737 Maxes Boeing can build per month to 38 and given the company until the end of May to submit a plan to improve quality....
April 15, 2024
News updates from April 9: OpenAI and Meta ready new AI models; EU launches probe into Chinese wind turbine companies
Boeing shares fall after weak deliveries and whistleblower report
...The company said the claims were “inaccurate”. “Voluntary reporting without fear of reprisal is a critical component in aviation safety,” the Federal Aviation Administration told the Financial Times....
April 9, 2024
News updates from March 25: Boeing CEO to step down; UN Security Council calls for Gaza ceasefire
Boeing chief executive Dave Calhoun to step down
...Boeing also announced that Stan Deal, the head of its commercial airplane division, which has been at the centre of the recent crisis gripping the group, will retire and will be replaced by the company’s...
March 25, 2024
LexBoeing Co
Boeing chief’s exit is not enough to lift aerospace group’s shares Premium content
...The company is in a reputational crisis. This C-suite shake-up should be welcomed....
March 25, 2024
Boeing Co
US regulator to investigate engine mishap on Boeing 737 aircraft
...The company has cut the rate at which it produces 737 Max planes as it seeks to resolve manufacturing flaws, resulting in delivery delays that have forced some airlines to amend their flight schedules....
April 7, 2024
Boeing Co
Boeing engineer says safety concerns are ignored inside plane maker
...Sam Salehpour, a quality engineer at the company, said he was berated by a manager in response to repeatedly questioning the safety of the 777 and 787 aeroplanes....
April 17, 2024
The FT ViewThe editorial board
Boeing: how not to run a national champion
...Yet, while it has made its own past strategic mis-steps, Airbus has avoided the quality and safety traps Boeing has fallen into. In response, the US company has not stood still....
March 21, 2024
News updates from March 26: Baltimore road bridge collapses; Trump’s social media business soars in market debut
Boeing CEO must have engineering background, says Emirates chief
...“To fix Boeing’s issues, the company needs a strong engineering lead as its head coupled to a governance model which prioritises safety and quality,” said Clark on Tuesday....
March 26, 2024
US & Canadian companies
Delta offers rare shelter from Boeing’s plane production crisis Premium content
...This is a lucrative but often overlooked side business that should help to insulate the company against some of the aforementioned cyclical problems....
April 10, 2024
News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
Boeing awards outgoing CEO Dave Calhoun a 45% pay rise
...He was awarded a potential $30mn in stock awards on top of his $1.4mn salary, the company said, lifting his total for the year above the $22.6mn he was paid in 2022. Read more here...
April 5, 2024

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