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...“You can argue a good wage benefits the employees and the company, but it’s a tough one,” he said. “You can’t negotiate with yourself . . . It puts you in an odd fiduciary pickle.”...
...Regulators have given the company until the end of May to submit a plan to improve....
...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....
...A Boeing whistleblower testified to a US Senate committee that the aircraft manufacturer “absolutely” has a culture of retaliation against employees who raise safety concerns....
...Alaska Airlines said instead of receiving 23 Maxes this year, Boeing would deliver between 10 and 20. The company had expected to expand flying capacity up to 5 per cent more than last year....
...But problems at Boeing mean that not every carrier will benefit equally....
...a plan to fix quality issues....
..., Science and Transportation Committee....
...The House of Commons work and pensions committee said on Tuesday that just 4 per cent of the 5,100 defined-benefit pension schemes in the private sector were open to new joiners last year, down from 11 per...
...Boeing warned this month that it would burn more cash in the first quarter than previously expected. Production delays mean plans to reach a $10bn cash flow target by 2025-26 look doubtful....
...Whitaker said the plan should incorporate the findings of an expert panel and the FAA’s ongoing audit of the company’s manufacturing and quality processes....
...But the plan, to be delivered in 90 days, must include steps to “mature” the safety management system the company committed to five years ago, the FAA said....
...Boeing chief executive Dave Calhoun acknowledged in January that the company had made a mistake....
...He was giving the board “plenty of notice” to plan his succession....
...He took that message to Washington this week, only to learn that Senator Maria Cantwell, who chairs the senate’s commerce committee, plans to summon Boeing executives to hearings to investigate its quality...
...A plan to reach a $10bn cash flow target by 2025-26 would also take longer, West told a Bank of America conference in London on Wednesday....
...The halt to increased Max production will impede Boeing’s plans for the narrow-body jet....
...O’Leary, whose growth ambitions for Ryanair are reliant on Boeing aircraft, has been consistently supportive of the company’s top executives despite the production problems....
...The shortcomings in Boeing’s 737 Max aircraft programme have been hugely damaging to the company....
...There are plenty of companies — and people — trying to find a path back at the moment. 1) The biggest fightback of them all is required from Boeing....
...Boeing admitted on Friday in a letter to Senator Maria Cantwell, the chair of the committee, that it did not have some of the documentation requested....
...What pleases Wall Street goes down less well inside Boeing. “Is there any reason why a top engineer would want to work for a company whose CEO just said that?” Aboulafia asks....
...In the case of Boeing, customers may vote with their feet, and the company be compelled to improve by a combination of stakeholder pressure and market forces....
...More Boeing news: Boeing disclosed in a regulatory filing on Friday that outgoing chief executive Dave Calhoun would receive a 45 per cent pay increase even as the aircraft manufacturer struggles to contain...
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