It was only last year that 737 felt like the number of scandals Boeing was embroiled in, rather than the name of its narrow-body aircraft.
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Robert “Kelly” Ortberg, an industry veteran, will take over as Boeing’s CEO on Aug. 8, inheriting its financial woes.
Though AI has the potential to make troubleshooting issues a much more streamlined process, models still often face accuracy issues.
Boeing has pleaded guilty to a felony charge of conspiring to defraud the federal government after two 737 MAX crashes that killed 346 people.
The embattled aviation giant announced last week that it had sustained its best production levels in two years.
Elliot is calling on the company to replace CEO Bob Jordan, revise its board of directors, and conduct a comprehensive business review.
Beijing is reportedly unhappy with the prospect of an EU tariff on EVs, and is considering retaliatory tariffs on the EU’s aviation industry.
The FAA won’t clear the current production cap and plans to approve every single plane that comes off Boeing’s production lines.
It’s basic Newtonian physics, as Boeing just learned: When the sky falls for a company, so, too, will the bottom line.
In its 2023 full-year report, the SEC Office of the Whistleblower said it received 18,354 whistleblower tips, a 49% increase from 2022.
Experts testified in one hearing about whether the company had improved safety and compliance procedures since two major crashes.
David Calhoun enjoyed a 45% jump from 2022, but the aerospace giant has started to tie executive pay to broader safety goals.
There were plenty of business losers in 2024, but only one for whom the sky was literally falling. In short: Boeing had a bad year.
Boeing has agreed to buy one of its biggest suppliers, Spirit AeroSystems, for $4.7 billion, about 20 years after selling it.