VENTURE CAPITAL POST

United Airlines CEO Scott Kirby assures that they prioritize safety amid recent flight problems concerning Boeing planes, pledging improvements in training and procedures to return trust in the aviation industry.

Southwest Airlines adjusts its 2024 operational and financial plans with revised revenue growth forecasts, while United Airlines also halts pilot hiring amidst industry-wide concerns over Boeing's quality control crisis.

Boeing whistleblower John Barnett died after raising concerns about the aircraft maker's production standards.

United Airlines is temporarily suspending pilot hiring due to Boeing's production challenges, which affect United's operations.

The Federal Aviation Administration (FAA) has unveiled findings pointing to quality control issues at Boeing and its top supplier, Spirit AeroSystems.

Boeing is in talks to repurchase Spirit AeroSystems, the manufacturer of fuselages for its 737 Max jets, as both companies address manufacturing flaws in the aircraft.

FAA demands Boeing overhaul quality control within 90 days after the 737 Max incident. Urgent action is needed to address missing bolts.

After Spirit AeroSystems detected two mis-drilled holes on certain fuselages, Boeing may need to repair 50 undelivered 737 MAX aircraft.

Boeing is now facing renewed regulatory scrutiny following a mid-air blowout involving one of its Boeing 737 Max 9 jets.

Boeing has reportedly executed more substantial cuts than anticipated in its strategy teams.

Now that the nuclear sanctions are lifted, Iran is now free to make deals with foreign companies. It is already in talks with Boeing for possible aircraft purchase and services particularly 737 single-aisle jets and 777 long-range planes.

This Friday SpaceX is ready to launch Falcon 9 rocket carrying cargo for International Space Station. NASA has also anticipated to use SpaceX and Boeing to launch astronauts by the end of 2017.

Boeing will reduce its workforce as part of the company’s cost-cutting and reorganization effort. Although it surpassed order forecast for last year, it was offset by a huge drop in new orders. Clients would not want to wait for several years before their orders get delivered.

Amazon is pushing the U.S. officials to authorize their moves in efforts to be a new player in the logistics and delivery industry. In recent months, the company has been making moves to achieve the ambition, including building its drones fleet and leasing Boeing planes.

FedEx said in a statement that “a new entity competing” with the company will have to spend tens of billions of dollars to replicate its current extensive network. The statement, referring to Amazon’s new plan to get into the logistic business, also assured that FedEx’s relationship with Amazon remain strong.