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...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....
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...For the first demonstration flight of its C919 passenger jet outside China, state-backed aircraft maker Comac headed to Singapore — a clear sign that the would-be rival to Boeing and Airbus saw south-east...
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...The plane maker is dealing with the fallout from an accident on a Boeing 737 Max jet in January, when a door panel blew off while in flight....
...But Woods presided over the company’s second most profitable year. That is not the case at Boeing....
...The regulator has limited the number of 737 Maxes Boeing can build per month to 38 and given the company until the end of May to submit a plan to improve quality....
...On Monday, Calhoun said he would step down from the struggling plane maker at the end of the year. Stan Deal, head of Boeing’s commercial aeroplanes unit, will retire with immediate effect....
...their Boeing plane blew out in mid-air....
...As the Southwest Airlines CEO has put it, Boeing needs to “get the issues understood and get the issues fixed”....
...Boeing’s board met on the weekend to finalise the details, said people familiar with the situation....
...The Alaska Airlines incident, however, puts the whole Boeing recovery effort to date into doubt. It suggests the underlying problems in Boeing production, sales and training might not have been solved....
...Boeing’s share price has dropped 27 per cent since the start of 2024, cutting into the value of the grants....
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...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....
...Boeing said it had “deep respect” for the NTSB and had worked “proactively and transparently” with the agency since the January incident....
...Regulators responded by capping Boeing’s output of the 737 Max....
...About 1,000 Boeing employees are assigned to the programme. In 2020, the FAA fined Boeing $1.25mn for harassing and threatening these in-house inspectors....
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...It is up to Boeing’s chief safety officer to ensure the 737 Max 9 can return to the skies....
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