Tags: Boeing
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.
Boeing to Stand Trial in June Over 737 Max Misconduct Allegations
Boeing will stand trial in June over 737 Max misconduct allegations, marking a major legal battle following two deadly crashes.
Boeing to Cut 400 Jobs in Space Launch System Program Due to NASA's Artemis Revisions
Boeing announces layoffs of 400 employees in the Space Launch System program due to rising costs and delays in NASA's Artemis mission.
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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.
Boeing, facing severe financial and reputational damage from the 737 Max crashes, is implementing a comprehensive recovery plan involving better safety measures, workforce training, and buying back its troubled fuselage supplier.
A United Airlines Boeing 757 lost a landing gear wheel while taking off from LAX on July 8, but safely landed in Denver with no further incident.