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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’s CEO is out as the fallout from its grounded 737 MAX continues. What does it all mean for the company? Our Phil LeBeau joins us on the show to discuss.
With the new leadership changes at Boeing, how does this impact Boeing’s stock and its investors? More now with his analysis on this is David Dietze, President at Point View Wealth Management.
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.
United Airlines has pulled the grounded Boeing 737 MAX from its schedule again…this time until the start of the summer travel season. Phil LeBeau has more for us.
With Boeing announcing it will be halting its 737 MAX production, how does this impact the economy? Steve Liesman did some digging for us.
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.
Boeing will still burn more than $1 billion a month even after halting 737 Max production, according to J.P. Morgan.
The change happens in May, when Munoz becomes executive chairman, succeeding Jane Garvey, who is retiring from the board.
This Thanksgiving weekend, airlines are seeing more travelers which is packing airports nationwide. Phil LeBeau has more for us from Chicago’s O’Hare Airport.
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.
American plane-maker Boeing chalked its second Dreamliner order at the Dubai Air Show on Tuesday, announcing a sale of three of its 787-9 Dreamliners to the Republic of Ghana.
Phil LeBeau reports on how Boeing is seeing new orders stalled of its 737 MAX where some airline companies are even switching to other models.
On Monday, the Dow closes at a record and for that you could thank Boeing which expects to resume deliveries of its 737 MAX next month. Phil LeBeau has more for us.
An American Airlines flight slid off a runway “due to icy conditions” at Chicago’s O’Hare International Airport on Monday, the company said.