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...The company, which reported results for the fourth quarter on Wednesday, withheld its usual financial guidance for the year. It has vowed to earn back the trust of stakeholders....
...This is all the more true because the Boeing mess represents a recognisable type of investing challenge: the strong company fallen low....
...The FAA — which examines whether Boeing is building planes that conform to the design and manufacturing process approved by the agency — said its audit has found problems with the company’s “manufacturing...
...company” with “my, and our, deepest gratitude” for his contributions to the company over nearly two decades....
...The company’s enterprise value is now $7bn, with a net debt balance of $3bn and more than $300mn of annual interest expense....
...Boeing has said it expects the US Federal Aviation Administration to certify the Max 10 this year....
...“We are committed to our trade controls obligations, and we look forward to working with the state department under the agreement announced today,” the company said....
...The bolts were not put back in place. Boeing chief executive Dave Calhoun acknowledged in January that the company had made a mistake....
...O’Leary, whose growth ambitions for Ryanair are reliant on Boeing aircraft, has been consistently supportive of the company’s top executives despite the production problems....
...While the company has “initiated efforts and established programmes”, the report said, “the findings and recommendations indicate gaps in Boeing’s safety journey”....
...Whitaker said the plan should incorporate the findings of an expert panel and the FAA’s ongoing audit of the company’s manufacturing and quality processes....
...The confirmation came after reports of the talks prompted sharp moves in both companies’ shares on Friday....
...lower airfares and the grounding of the Boeing jet after a mid-air blowout in January....
...of the Boeing jet after a mid-air blowout in January....
...Nothing in Calhoun’s service on the Boeing board suggested that he would be an effective chief executive, capable of turning around the company. So it has proven....
...The FAA has blocked Boeing from increasing its production rate for the jets and launched an audit of the company’s manufacturing and quality processes....
...Boeing chief executive David Calhoun has pledged to improve the company’s quality controls. The company has postponed giving full-year financial guidance as it navigates the crisis....
...The operation used to be Boeing Wichita until the plane maker spun it off as a public company in 2005....
...deliveries from Boeing....
...Boeing employees in China downloaded technical data from the company’s library 25 times during a four-year span, according to the proposed charging letter....
...the company as Spirit a year later....
...The Wichita-based company builds the fuselages for Boeing’s 737 Max and counts Boeing as its largest customer....
...The Max resumed flight in late 2020 but the crisis blackened the company’s reputation and cost it tens of billions of dollars in damages, government fines and lost orders....
...Boeing has withdrawn a request that would have expedited official approval for its upcoming 737 Max 7 jet amid a deepening crisis at the company following the blowout of a section of fuselage on one of its...
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