Air China seeks Boeing compensation for 737 Max delays

Business 05/22/19, 01:26

Air China Ltd., one of China's three major state-owned airlines, is joining carriers that are asking Boeing Co. for compensation for the grounding of their 737 Max jetliners following two fatal crashes.The carrier also has asked Boeing for compensation for disruptions due to delays in delivery of new aircraft, an ...

Trump nominee to lead FAA faces aircraft safety questions

Business 05/14/19, 16:27

Stephen Dickson flew military jets then went on to pilot five different jetliners during a 27-year career at Delta Air Lines that was capped by running the company's daily operations. On paper, he checks all the boxes to become the next head of the U.S. Federal Aviation Administration. But at a time ...

Pentagon watchdog clears acting chief Shanahan of wrongdoing

Politics 04/25/19, 07:26

The Pentagon's watchdog agency has cleared Acting Defense Secretary Patrick Shanahan of wrongdoing in connection with allegations that he had used his official position to favor his former employer, Boeing Co., a U.S. official said Thursday. The decision by the Defense Department inspector general opens the door for President Donald Trump ...

More Indonesians join cases against Boeing after CEO apology

Business 04/08/19, 07:22

More families of victims of the Lion Air crash in Indonesia are suing Boeing Co. after its chief executive apologized and said a software update for the MAX 8 jet would prevent further disasters.Family members and lawyers said Monday that CEO Dennis Muilenburg's comment related to an automated flight system ...

Update: Ethiopian families saddened by air crash report

Africa 04/04/19, 11:46

The Latest on the reactions to the preliminary report issued by the Ethiopian government on the March 10 crash of the Ethiopian Airlines Boeing 737 Max 8 jet shortly after takeoff which killed all 157 people on board. (all times local):7:45 p.m.A sister of one of the crash victims of ...

Pentagon to probe if Shanahan used office to help Boeing

Politics 03/20/19, 13:24

The Pentagon's inspector general says it will investigate a watchdog group's allegations that acting Defense Secretary Patrick Shanahan has used his office to promote his former employer, Boeing Co. Dwrena K. Allen, spokeswoman for the inspector general, said Wednesday that Shanahan has been informed of the investigation. A Washington, D.C., watchdog group ...

FAA’s close ties to Boeing questioned after 2 deadly crashes

Business 03/15/19, 05:59

For more than six decades, the Federal Aviation Administration has relied on employees of airplane manufacturers to do government-required safety inspections as planes are being designed or assembled.But critics say the system, dubbed the "designee program," is too cozy as company employees do work for an agency charged with keeping ...

Oman ‘temporarily suspending’ Boeing 737 MAX flights

Business 03/12/19, 10:25

Oman said Tuesday it was "temporarily suspending" all flights by Boeing 737 MAX aircraft in the sultanate following the crash of an Ethiopian Airlines jetliner, becoming the first nation on the Arabian Peninsula to ground the planes.The decision by Oman came as the neighboring United Arab Emirates said it had ...

Nikki Haley nominated for board seat at Boeing

Business 02/26/19, 12:58

Nikki Haley, the former U.S. ambassador to the United Nations, is being nominated for a seat on the board of directors at Boeing Co. The defense contractor and aircraft manufacturer said Tuesday that Haley will stand for election at its annual shareholder meeting on April 29. Haley was previously the governor of ...

Boeing soars and lifts markets with it

Business 01/30/19, 07:58

Boeing is reporting annual revenue of more than $100 billion for the first time and shares are soaring after the company easily beat Wall Street's profit and sales expectations for the fourth quarter.The big numbers from the plane maker, which is heavily exposed to trade standoff between the U.S. and ...

Boeing delays call to discuss issues with its newest plane

U.S. 11/20/18, 20:46

Boeing Co. scrapped a conference call that it scheduled for Tuesday with airlines to discuss issues swirling around its newest plane, which has come under close scrutiny after a deadly crash in Indonesia.The company didn't immediately give an explanation for canceling the call but later said it would instead hold ...

Boeing tops all expectations on strong defense spending

Business 10/24/18, 08:36

Boeing is topping expectations for the third quarter and raising its outlook for the year on burgeoning defense spending.Shares are up more than 2 percent before the opening bell Wednesday.The Chicago plane maker had a profit of $2.36 billion, or $4.07 per share. Adjusted per-share profit was $3.58, exceeding estimates ...

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