Topic: boeing

Boeing's 737 MAX crisis deepens, hitting shares

Boeing's 737 MAX crisis deepens, hitting shares

John Biers and Luc Olinga, Agence France-Presse
Updated as of Oct 22 08:20 AM

The pressure was mounting Monday on Boeing as newly-surfaced documents deepened doubts about the company's ability to return a top-selling jet to service soon and amplified calls for a leadership shakeup.   Read more »

EU-US airliner war in nobody's interests: Airbus chief

EU-US airliner war in nobody's interests: Airbus chief

Agence France-Presse
Updated as of Oct 17 08:25 AM

Airbus chief executive Guillaume Faury urged the European Union and United States Wednesday to reach a negotiated solution to a long-running dispute over airline subsidies and tariffs, saying there would be no winners in a trade war in the sector. Read more »

How Boeing vs. Airbus became Trump vs. Europe

How Boeing vs. Airbus became Trump vs. Europe

David Gelles, The New York Times
Posted at Oct 07 09:32 AM

Boeing got its wish. After an announcement by the World Trade Organization, the Trump administration said it would tax as much as $7.5 billion of European exports annually, in a blow to rival Airbus. Read more »

Boeing suspends test on long-haul 777X aircraft

Boeing suspends test on long-haul 777X aircraft

Luc Olinga, Agence France-Presse
Posted at Sep 08 07:27 AM

NEW YORK - Boeing has suspended a test on its new long-haul 777X aircraft, the company said Friday, a setback that comes as it battles to rebound from the crisis surrounding the 737 MAX. Read more »

Is Boeing too big to fail?

Is Boeing too big to fail?

Luc Olinga, Agence France-Presse
Updated as of Aug 05 08:16 AM

The grounding of the 737 MAX for more than four months after two deadly accidents has tarnished Boeing's reputation, but it still has the confidence of US policymakers. Read more »

Boeing posts nearly $3-B loss on MAX groundings

Boeing posts nearly $3-B loss on MAX groundings

Reuters
Posted at Jul 24 08:08 PM

Boeing Co reported a nearly $3 billion second-quarter loss on Wednesday as the world's largest planemaker struggles with the prolonged grounding of its best-selling 737 MAX jet, sending its shares lower in early trading. Read more »

Boeing to make $50M in payments to 737 MAX crash victims' families

Boeing to make $50M in payments to 737 MAX crash victims' families

David Shepardson, Reuters
Posted at Jul 18 04:03 PM

Boeing Co said on Wednesday it would dedicate half of a $100 million fund it created after two crashes of its 737 MAX planes to provide payments to families of those killed, with veteran US compensation expert Ken Feinberg hired by the world's largest plane maker to oversee the distribution. Read more »

Ethiopian crash families criticise Boeing over donation plan

Ethiopian crash families criticise Boeing over donation plan

Katharine Houreld, Reuters
Posted at Jul 05 07:42 AM

The families of victims of an Ethiopian air disaster on Thursday criticized Boeing's plan to donate $100 million to unspecified charities and communities affected by 2 crashes, saying it was too vague and that families should have been consulted first. Read more »

Boeing to give $100 million to 737 MAX crash victims' families, communities

Boeing to give $100 million to 737 MAX crash victims' families, communities

Agence France-Presse
Posted at Jul 04 06:22 AM

Describing the sum as an "initial investment" over multiple years, the company said it would work with local governments and non-profit organizations to provide "hardship and living expenses" and boost economic development in regions affected by crashes of planes operated by Ethiopian Airlines and Lion Air.  Read more »

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