Tags: Boeing
Boeing 737 MAX Returns to US as China Tariffs Halt Delivery
Boeing faces setbacks as two 737 MAX jets return to the US due to rising US-China tariffs disrupting aircraft deliveries to Chinese airlines.
Boeing Faces New Setback as China Cuts Off Jet Shipments Over Tariffs
China halts Boeing jet deliveries amid rising tariffs, deepening US–China trade tensions and dealing a major blow to the US aerospace giant.
Boeing CEO Faces Senate Grilling Over Safety, Quality Concerns
Boeing CEO Kelly Ortberg faces Senate scrutiny over safety failures, production delays, and the company's response to the 737 MAX crisis.
Boeing's Jeppesen Auction Draws Heavyweight Bidders, Price Surges Past $8 Billion
Boeing's Jeppesen auction draws top bidders, with offers surpassing $8 billion as private equity and aerospace firms compete.
Latest News
Following recent crashes, the FAA urges Boeing to prioritize safety and quality over profits, demanding a cultural shift for improvement.
Boeing workers ended a seven-week strike, accepting a new contract that provides a 38% pay increase and a $12,000 bonus, although the previous pension plan will not be reinstated.
Boeing is considering selling parts of its space business, including Starliner, due to delays and rising costs from a machinist strike.
Boeing faces increasing losses as the ongoing machinist strike extends into its fifth week, causing workforce cuts as the production delays.
The US jobless rate last week has risen by 33,000 to 258,000, exceeding predictions, mostly due to Hurricane Helene and Boeing's temporary furlough for thousands of employees.
Boeing faces another safety concerns as the NTSB warns that over 40 foreign operators may be using 737 aircraft with potentially faulty rudder components, raising fears of loss of control.
Boeing faces a major strike, leading to unpaid leaves for thousands of employees to preserve cash during negotiations.
Boeing's shares rose 3% in premarket trading after a tentative labor agreement with a Pacific Northwest union, which includes a 25% wage increase and a commitment to build future aircraft in Seattle, potentially averting a major strike.
The person behind the social media handle DogPack404, only identified as Dawson, has been issued two cease and desist orders from MrBeast, the social media brand headed by embattled YouTuber Jimmy Donaldson, after accusations of fraudulent practices.
Aerospace industry veteran, Robert "Kelly" Orberg is Boeing's new CEO, effective August 8, 2024, replacing David Calhoun after a $1.4 billion loss in the second quarter and ongoing regulatory issues.