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...Additional reporting by Edward White, Ding Wenjie, Max Seddon and Anastasia Stognei...
...The company this week reported burning almost $4bn in cash in the first quarter as production rates slowed....
...The company makes about four-fifths of its sales in the US, where the market is highly competitive....
...Spirit AeroSystems, a key Boeing supplier, installs the plugged door as part of its construction of the 737 Max fuselage, a company spokesman confirmed. The spokesman declined to comment further....
...Max Jones, director of infrastructure and construction at Lloyds Bank, said: “The mood music surrounding the sector has become more upbeat in recent weeks, with healthy infrastructure pipelines a common...
...Not all aeroplane malfunctions can take more than 8 per cent off of two companies’ market capitalisations in a day....
...The Atlanta-based airline does not operate any Boeing 737 Max jets. Its order of new 737 Max 10 jets, originally slated to be delivered in 2025, is expected to be delayed by a year or two....
...Whitaker said the overall oversight approach needs to involve more direct surveillance of the companies....
...The company, a crucial Boeing supplier, installs the plugged door as part of the construction of the 737 Max fuselage for some aircraft....
...The company, a key Boeing supplier, installs the plugged door as part of the construction of the 737 Max fuselage....
...The 737 Max programme is particularly crucial to Spirit. 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....
...The two cases last year and the Alaska incident all have Spirit in common — the Wichita, Kansas-based company builds the Max fuselages, including the door plug that fell off the plane....
...On Thursday the company paused production at its plant in Renton, Washington, for 15 hours to discuss quality issues with more than 10,000 workers....
...“Mistake” is the word the chief executive used a day earlier speaking at a company-wide safety meeting at Boeing’s factory in Renton, Washington, where it builds the 737 Max....
...This has come as the plane maker has sought to increase its output rate and gain back market share it lost to Airbus during the grounding of the Max fleet in 2019 after Max 8 accidents....
...Max flown by Alaska Airlines in January....
...The company also said it would bring in an external third party to review its quality management systems....
...Dave Calhoun, chief executive, is due to meet lawmakers on Capitol Hill on Wednesday, including Senator Mark Warner from Virginia, where the company is headquartered....
...However you slice it, it’s a big drop versus 2022 (though if it is the max, more than Weiner managed during his pre-CEO days — inflation is probably a factor there): What to say?...
...The carrier said this work had been done on most of its Max 9s....
...It has also refocused scrutiny of the 737 Max, Boeing’s most popular plane, whose smaller model, the Max 8, was involved in two fatal crashes in 2018 and 2019....
...The incident also draws in Spirit AeroSystems, a key Boeing supplier, which installs the plugged door as part of its construction of the 737 Max fuselage....
...The European Union plans to hit Apple with a €500mn fine over music streaming, German companies make record investments in the US, and emerging market investors switch to ETFs that exclude China....
...to keep all of its programming on the Max streaming service....
...The service, to be offered in an as-yet unnamed app or bundled with Disney+, Hulu and Max streaming subscriptions, will be aimed at US consumers who have ditched traditional pay-TV packages in favour of...
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