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...Boeing has faced growing frustration from its airline customers, after the company was forced to slow production of the 737 Max as it sought to resolve manufacturing flaws....
...nominations committee selected three other senior figures to be put to a vote of PwC’s 4,000 partners in the US and Mexico, where Griggs triumphed over Kathryn Kaminsky, head of the audit and tax business, and Jenny...
...While union representatives on corporate boards are rare in the US, Germany has adhered to “co-determination” for decades, a system that gives labour a voice at the board level at larger companies....
...They’ve got to get their manufacturing processes under review so there are no corners cut etc....
SMIC and Huawei plan to make new 5nm processor, supporting Beijing’s goal for advanced semiconductors
...Griggs emerged with more than 50 per cent of the vote in a three-way race against Kathryn Kaminsky, co-head of the assurance business, and chief investment officer Jenny Koehler....
...Ryanair had expected to receive 57 737 Max-8 aircraft by June to deploy over the peak summer months but has been regularly revising down its estimates as manufacturing issues have gripped Boeing....
...The company has had to slow production of the 737 Max as it sought to resolve manufacturing flaws and some airlines have had to amend their flight schedules because of delays in deliveries of Boeing aircraft...
...“At the least, we would expect a new Boeing CEO with some experience in aerospace [and] manufacturing,” he added....
...Nissan plans to slash the cost of manufacturing its electric vehicles by 30 per cent through new partnerships and manufacturing methods, as the Japanese carmaker responds to the rising threat from Chinese...
...That came weeks after China’s commerce ministry and eight other agencies in February announced plans to support the “healthy development” of the country’s overseas EV expansion, including co-operating more...
...Early versions could be operating within the next five years, predicts Geordie Rose, co-founder and chief executive of Canadian start-up, Sanctuary AI, which is aiming to create the world’s first robots...
...Boeing needs a hard reset on how it approaches manufacturing, outsourcing and quality control. Putting an engineer at the helm instead of another bean counter would be a good start....
...Ryanair boss Michael O’Leary has called on Boeing to improve quality control, warning his airline’s profits will fall and fares will rise because of manufacturing issues plaguing the US group and its rival...
...She has been charged with overseeing Boeing’s commercial plane, defence and services businesses, and ensuring smooth operations in the supply chain, quality control and manufacturing....
...Jenny Tooth, chief executive of UKBAA, says that during recent financial stress, investors “backed and prioritised their existing portfolio rather than start new businesses”....
...The door panel incident has renewed scrutiny over the quality of Boeing’s safety culture and manufacturing control....
Complete loss by fire of airliner made largely from carbon fibre was a first for modern aviation
...“Overall given the stepped change in funding position for many . . . 2024 has the potential to be the busiest year ever in the de-risking markets,” said Jenny Neale, director in the WTW’s pensions transactions...
...Samsung has lagged peers in two of the hottest areas in the industry: chip contract manufacturing and AI chip-related technology....
...To regain its manufacturing verve, Boeing should bring Spirit back in-house (talks are under way), improve its approach to quality assurance and rebuild relations with squeezed suppliers....
...But recently, some manufacturing activity surveys are starting to tick up....
...The chief executives of the two Japanese groups on Friday said the scope of their co-operation would include software, core EV components and auto intelligence technology....
...We are fully co-operating and do not believe we are a target of the investigation.”...
...Its US rival has announced investments of $5.5bn to expand manufacturing capacity across four sites globally....
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