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...Its strategy is focused on trying to improve the operations of companies it owns....
...This is a lucrative but often overlooked side business that should help to insulate the company against some of the aforementioned cyclical problems....
...The company’s enterprise value is now $7bn, with a net debt balance of $3bn and more than $300mn of annual interest expense....
...The operation used to be Boeing Wichita until the plane maker spun it off as a public company in 2005....
...the company as Spirit a year later....
...Not all aeroplane malfunctions can take more than 8 per cent off of two companies’ market capitalisations in a day....
...“Having Pat take charge, and then getting that new arrangement with Boeing, has drawn the two companies even closer together....
...The FAA has 20 inspectors at Boeing and six at Spirit auditing the companies’ production and quality control practices....
...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....
...Boeing has called a company-wide safety meeting for Tuesday to discuss its response to the incident....
...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....
...Important customers, including Ryanair and aircraft lessor AerCap, have in recent weeks warned that the company needs to focus on safety and quality control....
...Mobileye, an autonomous driving company that was spun out of Intel in October and has 70 per cent of the market for cameras used in driver-assist technology, uses IP developed by MIPS, based on Risc-V, for...
...The company asked Greg Hyslop, then the chief engineer, to move from Chicago to Seattle to be closer to Boeing’s commercial plane factories....
...The company, a key Boeing supplier, installs the plugged door as part of the construction of the 737 Max fuselage....
...Some long-term Boeing watchers worry that the company’s engineering-driven culture has still not fully recovered from a merger completed in 1997 with aerospace company McDonnell Douglas and the relocation...
...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....
...The company also said it would bring in an external third party to review its quality management systems....
...A Boeing company official told Reuters that the security camera footage gets “overwritten” every 30 days. Moving on!...
...News of United’s discovery, which was first reported by the trade publication The Air Current, hit Boeing’s shares further....
...monarch, George V at the Empire Exhibition in London, and the first commemorative stamps being issued in Great Britain....
...Boeing, another company in which financial engineering has replaced the real kind, is a timely case in point....
...Production rates are critical to Boeing’s calculations of free cash flow, the principle metric investors use to judge the company....
...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...
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
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