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...Clark said Boeing had lost “skills and competencies” through the move....
...Can Boeing come back? Boeing reports earnings this morning, and it’s going to be interesting. The company is in trouble, and its problems do not appear close to a solution....
...Both Boeing and Spirit have been at the centre of a firestorm after a door plug on a Boeing 737 Max plane blew out mid-flight in January....
...Boeing chief executive Dave Calhoun acknowledged in January that the company had made a mistake....
...Boeing employees to perform inspections....
...“Boeing would try to claim that it’s excusable. I think we will get some modest compensation out of Boeing....
...Not only is Pope a Boeing lifer, she is widely considered to be the heir apparent when chief executive Dave Calhoun retires. If she gets the top job, she would be Boeing’s first female CEO....
...“Our Boeing leadership team is totally committed to meeting this challenge.”...
...Shares of Boeing ended 0.9 per cent lower on Wednesday in New York....
...Spirit supplies Boeing with the fuselage to the 737 Max, and Boeing comprises nearly two-thirds of its business....
...Most also came before Boeing changed its trade controls compliance programme in 2020....
...Boeing needs to get their act together,” American Airlines chief executive Robert Isom told analysts on Thursday. Boeing’s issues over the past number of years were “unacceptable”, he added....
...Boeing down time could last a while longer yet....
...Boeing revisited Last week we argued that if Boeing’s stock was going to recover from its series of production problems, the important thing was not that the company hit any particular regulatory or financial...
...In a chilly hangar in Northern Ireland, Ulster Aviation Society co-founder Ray Burrows surveys painstakingly restored aircraft including a sleek black Sherpa jet, a boxy Short 330 and a Canberra spy plane...
...But Boeing will face an investigation by US regulators....
...The Federal Trade Commission has launched an inquiry into the partnerships between Big Tech cloud providers and generative AI companies, the European Central Bank is keeping rates on hold, and Boeing’s problems...
...Boeing outsources much of its supply chain to thousands of suppliers, including Spirit....
...Shares of Boeing and Spirit closed with declines of 8 per cent and 11 per cent, respectively. But it may not be as easy to blame Spirit as Boeing bulls would hope....
...Alaska Airlines’s near disaster last week has put every Boeing Max owner on watch. Ryanair, Boeing’s second-largest customer, has about 400 planes on order....
...Boeing has informed us that they are unable to find the records documenting this work....
...Boeing said: “We will continue to co-operate fully and transparently with the FAA and follow their direction as we take action to strengthen safety and quality . . ....
...He took over as Boeing was dealing with the fallout from two deadly crashes of its Max 8 in 2018 and 2019....
...The Max 8 was the biggest crisis in Boeing’s history....
...If the safety of Boeing’s aircraft is in question, Boeing, and ultimately its CEO, will carry the can....
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