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...He joins a team of other operating advisers including former Boeing chief executive Jim McNerney and former Marsh McLennan leader Dan Glaser as well as Sir Terry Leahy, who also ran Tesco from 1997 to 2011...
...If it expects to receive 100 Boeing aircraft in a year, it will schedule for 90 or fewer....
...But problems at Boeing mean that not every carrier will benefit equally....
...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....
...Spirit supplies Boeing with the fuselage to the 737 Max, and Boeing comprises nearly two-thirds of its business....
...Even if Boeing takes Spirit back in-house, there is no certainty that Airbus will buy the Belfast plant. “Spirit is an existential supplier to Boeing....
...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....
...“Shanahan is a no-nonsense guy who knows production and, importantly, knows Boeing — and Boeing knows him.”...
...Dave Calhoun, Boeing chief executive, said in a statement responding to the report that “whatever final conclusions are reached, Boeing is accountable for what happened”....
...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....
...“Safety is our top priority,” Boeing said....
...“Safety is our top priority,” Boeing said in a statement....
...Boeing said: “We fully support the FAA and our customers in this action.”...
...Boeing’s stock has fallen more than 9 per cent since the incident. The US Federal Aviation Administration grounded 171 Boeing 737 Max 9s on Saturday....
...Since then, Boeing has started using rotations....
...Boeing’s shares closed 1.6 per cent lower and are down 16 per cent this year....
...“The senior management of Boeing are in a shit storm again, which can’t be good for delivering aircraft,” he said. Still, he offered Boeing’s senior management his full support....
...Boeing has informed us that they are unable to find the records documenting this work....
...Boeing issued technical instructions on Monday, outlining for airlines how the door should be installed....
...While the new agreement gives Boeing an outcome it wants — a healthier supplier — the repairs to the 737 Maxes still could endanger Boeing’s own delivery targets for the year....
...Boeing, another company in which financial engineering has replaced the real kind, is a timely case in point....
...Boeing chief executive Dave Calhoun is to step down at the end of this year, as part of personnel changes at the US aircraft manufacturer, which is battling with the fallout from an incident in which a plane...
...Boeing, for example, settled such charges over 737 Max planes for more than $200mn....
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