Boeing, Spirit AeroSystems in spotlight at NTSB hearing on 737 Max panel blowout

Boeing, Spirit AeroSystems in spotlight at NTSB hearing on 737 Max panel blowout

Jennifer Homendy, Chair of the National Transportation Safety Board, speaks during investigative hearing, into the blowout of a left mid exit door plug on a Boeing 737-9 MAX during Alaska Airlines Flight 1282 flight on January 5, 2024, at the National Transportation Safety Board headquarters in Washington D.C. United States on August 6, 2024. (Photo … Read more

Boeing’s missteps have cost it billions. Here’s its path forward

Boeing’s missteps have cost it billions. Here’s its path forward

An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. Joshua Roberts | Reuters Boeing executives spent years after two fatal 737 Max crashes trying to … Read more

Boeing rebound plan: How Spirit AeroSystems fits

Boeing rebound plan: How Spirit AeroSystems fits

Boeing has spent years trying to get back on track after two fatal 737 Max 8 crashes in 2018 and 2019, but the company has continued to face problems with production flaws and setbacks, including a door plug flying off a 737 Max 9 plane in mid-air after it took off in early January. Boeing’s … Read more

Boeing supplier Spirit AeroSystems lays off workers, citing lower deliveries

Boeing supplier Spirit AeroSystems lays off workers, citing lower deliveries

A Boeing 737 MAX-10 lands over the Spirit AeroSystems logo during a flying display at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, on June 22, 2023. Benoit Tessier | Reuters Aerospace supplier Spirit AeroSystems on Thursday said it will lay off some of its workers because of slower delivery … Read more

Here’s who could replace Calhoun at the plane maker

Here’s who could replace Calhoun at the plane maker

An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Lindsey Wasson | Reuters Help wanted at Boeing. CEO Dave Calhoun on Monday announced he is stepping down from the aerospace giant’s top post at year’s end as the company struggles with … Read more

Boeing in talks to buy back fuselage maker Spirit Aerosystems

Boeing in talks to buy back fuselage maker Spirit Aerosystems

Airplane fuselages bound for Boeing’s 737 Max production facility sit in storage at their top supplier, Spirit AeroSystems Holdings Inc, in Wichita, Kansas, U.S. December 17, 2019.  Nick Oxford | Reuters Boeing is in talks to buy back Spirit Aerosystems, which makes fuselages for Boeing’s 737 Max jets, according to a person familiar with the … Read more

5 things to know before the stock market opens Wednesday

5 things to know before the stock market opens Wednesday

Here are the most important news items that investors need to start their trading day: 1. Reaching for rate cuts Stocks have pulled back from their record highs as doubts grow about how soon the Federal Reserve will start to cut interest rates. After the central bank held rates steady last week, Chair Jerome Powell … Read more

Boeing CEO meets with lawmakers as 737 Max 9 scrutiny builds

Boeing CEO meets with lawmakers as 737 Max 9 scrutiny builds

Alaska Airlines N704AL, a 737 Max 9, which made an emergency landing at Portland International Airport on January 5 is parked at a maintenance hanger in Portland, Oregon on January 23, 2024.  Patrick T. Fallon | AFP | Getty Images Boeing CEO Dave Calhoun met with several U.S. senators on Capitol Hill Wednesday as scrutiny … Read more

Boeing 737 Max failure on Alaska Air flight invites renewed scrutiny

Boeing 737 Max failure on Alaska Air flight invites renewed scrutiny

Boeing’s new 737 MAX-9 is pictured under construction at their production facility in Renton, Washington, Feb. 13, 2017. Jason Redmond | Reuters Boeing‘s plan to get back on solid footing after a series of quality flaws in its best-selling jet suffered a near-disastrous blow Friday when a plane panel blew out during an Alaska Airlines … Read more

Boeing (BA) earnings Q3 2023

Boeing 737 Max failure on Alaska Air flight invites renewed scrutiny

Boeing’s new 737 MAX-9 is pictured under construction at their production facility in Renton, Washington, Feb. 13, 2017. Jason Redmond | Reuters Boeing said Wednesday it will deliver fewer 737 Max aircraft than it previously expected this year as it works through production flaws detected on the fuselages of some of the bestselling aircraft. The … Read more