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Leslie Josephs’s Posts
Boeing’s incoming CEO, David Calhoun, a 10-year board member, is inheriting a company in crisis, as the nation’s top exporter navigates the fallout from two crashes of its bestselling 737 MAX planes. Analysts painted a picture of Calhoun as a logical choice to right the ship.
Boeing fired CEO Dennis Muilenburg, saying Monday it replaced him with the company’s chairman as the nation’s biggest manufacturing exporter struggles to regain the trust of regulators, customers and the public in the wake of two fatal crashes of its best-selling plane, the 737 MAX.
Southwest Airlines is joining American Airlines in canceling thousands of Boeing 737 Max flights through early to mid-April, as the beleaguered jetliner’s return to service disrupts schedules during another busy holiday travel period — spring break and Easter.
FAA personnel predicted 15 more crashes over the course of the 737 Max assuming no software changes were made.
The Federal Aviation Administration is planning to review hundreds of new Boeing’s 737 Max planes individually before they can be delivered to customers, an added wrinkle into the already-delayed certification of the jetliners, grounded since mid-March after two fatal crashes.
An American Airlines flight slid off a runway “due to icy conditions” at Chicago’s O’Hare International Airport on Monday, the company said.
The union that represents the roughly 17,000 Southwest Airlines flight attendants is considering suing Boeing over lost pay in the protracted grounding of the 737 Max, a union official said Wednesday.
Boeing’s embattled CEO expressed regret Wednesday over not grounding its 737 Max planes after the first deadly crash a year ago and said the company would more readily ground planes in the event of future problems.
Dozens of older Boeing 737 planes have been grounded worldwide after inspectors found cracks in a part that connects wings to fuselages, the manufacturer said.
A Boeing engineer was concerned that the troubled 737 Max, years before it came to market, had a flight-control system that lacked sufficient safeguards, according to a document released Wednesday during a House questioning of the manufacturer’s CEO following two fatal crashes of the jetliners.
Boeing executives told lawmakers on Tuesday that they made mistakes developing the 737 Max plane, grounded worldwide after two crashes killed 346 people.
Boeing said Wednesday it still expects its best-selling 737 Max planes — grounded worldwide after two fatal crashes — to get regulatory approval to fly again before the end of the year but warned investors that it’s getting more expensive to build the planes.
Boeing shares continued their slide on Monday after explosive messages last week revealed a top pilot had concerns about a system on the 737 Max that was later implicated in two fatal crashes.
Boeing shares slipped Friday after a Reuters report said instant messages from 2016 suggest that employees misled the Federal Aviation Administration about a key safety system on the 737 Max, the plane that has been grounded since mid-March after two fatal crashes.
The Boeing 737 Max won’t return to service at Southwest Airlines until February at the earliest, the union that represents the airline’s pilots said.