Hints and tips:
...And this is a major shift in the priorities,” he said. Clark’s comments echoed those of other airline customers in recent weeks....
...But “in terms of addressing the more fundamental issues”, not much progress has been made, he said, pointing to the ongoing production issues with the Max and the 787 and the fact that “certification of major...
...That’s a major problem. But he’s also blocked routinely EU decisions on things he doesn’t like....
...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...
...“Without a major course correction, the 2020s will go down as a decade of wasted opportunity.”...
...Asset managers have warned of a “major and serious risk” to European capital markets if regulators do not copy the US and cut settlement cycles to one day, after the US moved from T+2 to T+1....
...Boeing chief Dave Calhoun’s leadership is under increasing pressure. Airline profits are likely to be dented by the Max 9 groundings....
...There is another side to this coin, which is that not speaking up isn’t just about major problems like Boeing not getting fixed....
...Ryanair chief executive Michael O’Leary said he was optimistic about striking a major new aircraft order after the low-cost airline restarted talks with Boeing in the latest sign of the revival in aviation...
...Pledges by senior managers, including chief executive Dave Calhoun, to improve quality and engineering processes have fallen short....
...Major US employers from fast-food chains to arms manufacturers are reporting a dramatic improvement in hiring conditions despite official data showing unemployment at its lowest level for decades....
...Fast food executives, the CEO of the Hilton Hotel chain and Boeing chief executive David Calhoun, all have said in the past few weeks that things are getting better, that they’re seeing more people apply...
...“We still would like to deliver planes to China,” said David Calhoun, Boeing chief executive....
...Delta had been the only major US airline without a 737-Max in its fleet....
...“If you look at the history over the last quarters — they have pretty much taken charges on every one of their major programmes, both in defence and commercial....
...O’Leary’s criticism is the latest sign of growing frustration among Boeing customers as the US group grapples with a string of production delays and certification issues on its major aircraft programmes,...
...But chief executive David Calhoun cut the forecast for the workhorse single-aisle jet in July, saying it would be in the “low 400s” rather than an earlier estimate of 500....
...Lori Lightfoot, Chicago’s mayor, was less fazed, saying in a statement that the city has “a robust pipeline of major corporate relocations and expansions”....
...Calhoun said he expected China to allow the 737 to fly in the country by the end of 2021....
...Then on Friday a major supplier announced 2,800 job cuts and its chief regulator, the Federal Aviation Administration, said it might fine Boeing $5.4m for installing parts that had failed safety testing...
...“Announcing all of these negative items today removes major overhangs on the stock,” Peter Arment, an analyst at Robert Baird, said in a note....
...The oil price crash dragged the oil major to a $4.4bn loss on a statutory basis, as it racked up inventory holding losses of $3.7bn. That compares with a $2.9bn profit this time last year....
...Mr Calhoun will have to contend with the fallout....
...Since then, Boeing has repeatedly missed deadlines to return the plane to service, prompting the board to replace former chief executive Dennis Muilenburg with longtime director David Calhoun....
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