Boeing’s directors must face an investors’ lawsuit accusing them of failing to properly oversee development of the 737 MAX line of planes that were involved in two fatal crashes.
Boeing records a profit for the first time in nearly two years and hints at a budding turnaround after one of the worst financial crises in its century-long history.
Airlines follow a pretty simple formula for success:Fill as many seats and fly as many hours as possible. One Indian budget carrier is going another way to drum up income -- not flying.
The reeling planemaker is grappling with manufacturing flaws on its marquee 787 Dreamliner and new cost overruns on the next Air Force One jets as it struggles on its long,slow and uneven comeback.
Boeing’s latest problem weighs even more heavily on the company as it continues to deal with the fallout from the 737 Max tragedies.
A 120-page complaint quotes internal company emails and board records to show the planemaker’s board repeatedly moved in lockstep with management instead of challenging it on safety.
One of Boeing's biggest customers wants fundamental changes from the planemaker after its flawed 737 MAX jet and has urged it to recognise"culpability and accountability"from the very top.
Virgin Australia has renegotiated its multibillion-dollar order of Boeing's grounded 737 MAX aircraft,with the carrier slicing its delivery in half.
American Airlines is taking its long-grounded Boeing 737 Max jets out of storage,updating key flight-control software,and flying the planes in preparation for the first flights with paying passengers later this month.
How long it takes for flights to resume in Europe depends on pilot training and the amount of time it takes airlines to upgrade software and carry out other actions mandated by the regulator.
After nearly two years and a pair of deadly crashes,the US Federal Aviation Administration has cleared Boeing's 737 Max for flight.