Alaska Air Group Inc
Boeing faces scrutiny in Senate hearings over aircraft safety and quality
US Senator Richard Blumenthal (L) greets Boeing engineer Sam Salehpour as he arrives to testify before the US Senate Homeland Security and Governmental Affairs Subcommittee on Investigations during a hearing on “Examining Boeing’s Broken Safety Culture: Firsthand Accounts,” at Capitol Hill in Washington, DC, on April 17, 2024. Drew Angerer | Afp | Getty Images […]
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United Airlines slashes 2024 aircraft delivery plan as Boeing crisis leads to delays
A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport. Justin Sullivan | Getty Images United Airlines on Tuesday cut its aircraft-delivery expectations for the year as it grapples with delays from Boeing, the latest airline to face growth challenges because of the plane-maker’s safety crisis. United expects to receive just […]
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Why the Boeing 737 Max has been so problematic
Just more than 5 decades ago, 346 persons were being killed in two plane crashes that took place five months apart in Indonesia and Ethiopia. Equally had been Boeing 737 Max 8 planes. Then in January 2024, a in the vicinity of disaster occurred when a doorway plug blew off an Alaska Airlines 737 Max 9 aircraft at 16,000 […]
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Why the Boeing 737 Max has been these a mess
ShareShare Write-up by using FacebookShare Write-up by way of TwitterShare Article by means of LinkedInShare Short article by using Email Boeing’s 737 has been around because the 1960s. There have been several variations of the plane but the 737 Max, which debuted in 2017, has encountered dilemma soon after difficulty in excess of the final […]
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Boeing CEO Calhoun took home $5 million last year, compensation package hit by Max crisis
Boeing CEO Dave Calhoun speaks with reporters on Capitol Hill in Washington, D.C., before meeting with a group of senators on Jan. 24, 2024. Jim Watson | AFP | Getty Images Outgoing Boeing CEO Dave Calhoun’s take-home pay fell to $5 million last year after declining a bonus, compared with $7 million in 2022, and […]
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Stocks creating the largest moves midday: Lamb Weston, Levi Strauss, Wayfair and more
Check out out the businesses building headlines in midday buying and selling. Hertz World-wide — The motor vehicle rental business drop about 4% immediately after it was downgraded to promote from neutral at Goldman Sachs. Investors have nonetheless to completely price tag in some near-term pressures, the financial institution wrote. Block — The financial products […]
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Alaska Airlines says Boeing paid it $160 million for 737 Max 9 grounding
The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a gap in the fuselage, is seen during its investigation by the National Transportation Safety Board (NTSB) in Portland, Oregon, U.S. January 7, 2024. NTSB | Via Reuters Boeing paid Alaska Airlines $160 million […]
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United asks pilots to acquire unpaid time off, citing Boeing's delayed plane
Boeing 787-10 Dreamliner, from United Airlines organization, using off from Barcelona airport, in Barcelona on 28th March 2023. JanValls | Nurphoto | Getty Images United Airways is asking pilots to acquire unpaid time off future thirty day period, citing late-arriving plane from Boeing, in accordance to a observe sent to pilots. It really is one […]
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The uptrend in this airline inventory could be just finding begun, in accordance to the charts
Whilst investors continue to be concentrated on prospects in just the development sectors, I am continuing to find actionable suggestions in a lot more value-oriented parts of the sector. The Industrial Select Sector SPDR (XLI) has really outperformed the Nasdaq 100 ETF (Invesco QQQ Believe in) by about 2% so significantly in 2024, and my […]
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'We need a person to deal with Boeing.' Below's who could exchange Calhoun as the troubled aircraft maker's CEO
An aerial photo displays Boeing 737 Max airplanes parked on the tarmac at the Boeing Manufacturing facility in Renton, Washington, on March 21, 2019. Lindsey Wasson | Reuters Assistance wished at Boeing. CEO Dave Calhoun on Monday declared he is stepping down from the aerospace giant’s top rated publish at year’s end as the corporation […]
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