Boeing Co said on Thursday that some titanium 787 Dreamliner parts were improperly manufactured over the past three years, the latest in a series of problems to plague the wide-body aircraft. The quality issue does not affect the immediate safety of flights, the company said, adding it had notified the …
Read More »Boeing cuts 787 production as new problem discovered
Boeing Co said on Tuesday it will cut its 787 production rate as it works through a new structural defect in its troubled twin-aisle airliner program in another obstacle to recovery from the coronavirus pandemic’s impact. The company now forecasts delivering fewer than half of the lingering 100 or so …
Read More »Boeing Set to End the 747 after over Half a Century of Production
US aerospace giant Boeing will reportedly stop making its iconic 747 aircraft for good after it completes the last of the 16 jets currently on order. Covid-19 has crippled an already declining market for the plane. The final 747 is now expected to roll out of the company’s Seattle-area factory …
Read More »In unusual deal, U.S. Treasury to acquire 30 percent of a trucking company in exchange for $700 million loan
The Treasury Department announced on Wednesday that it will loan $700 million to a trucking firm that ships military equipment, in exchange for having U.S. taxpayers acquire an almost 30 percent stake in the company. Under the unusual arrangement, the Treasury Department will provide the emergency loan to YRC Worldwide …
Read More »‘Designed by clowns & supervised by monkeys’: Boeing 737 MAX employee.
Boeing has released another trove of internal company messages suggesting it lied to regulators, and showing fierce criticism from an unnamed employee who said the crash-prone 737 MAX aircraft was “designed by clowns.” In its release of the redacted communications on Thursday following an internal probe, Boeing acknowledged some of …
Read More »In Pictures: Ukrainian airliner crashes in Iran.
A Ukrainian passenger jet carrying 176 people crashed on Wednesday, just minutes after taking off from the Iranian capital’s main airport, turning farmland on the outskirts of Tehran into fields of flaming debris and killing all on board. The crash of Ukraine International Airlines came hours after Iran launched a …
Read More »Boeing CEO Muilenburg Steps Down.
Boeing’s board of directors has named current Chairman David L. Calhoun as chief executive officer and president, effective as of 13 January 2020, the company’s statement says. Chief Executive Officer of Boeing Dennis Muilenburg has resigned, the company says, announcing new CEO David Calhoun. “I strongly believe in the future …
Read More »Early trouble for Boeing Starliner on key space mission.
Boeing launched its Starliner capsule Friday on a crewless eight-day journey to the International Space Station and back, but the mission ran into early trouble with its orbit procedure. The test flight is a key part of NASA’s plans to end US dependence on Russia for space rides, with the …
Read More »Trump claims he could fix Boeing 737 MAX.
Donald Trump has claimed he could fix the Boeing 737 MAX after the aircraft was involved in two fatal crashes. In a tweet posted at 6.29am, the president said: “What do I know about branding, maybe nothing (but I did become President!), but if I were Boeing, I would FIX …
Read More »A damaged sensor on Ethiopian Airlines 737 Max triggered fatal crash: sources.
The Ethiopian Airlines crew commanding the Boeing 737 Max 8, which crashed last month and killed all 157 people on board, followed all recommended procedures but couldn’t regain control of the doomed flight, Ethiopian investigators told reporters Thursday morning. Ethiopian Transport Minister Dagmawit Moges said preliminary findings from an investigation …
Read More »Boeing shares fall almost 13% after fatal Ethiopian Airlines crash.
Boeing shares slumped almost 13 percent on after the second fatal crash of one of its 737 Max 8 planes. The sell-off wiped around $30bn (£23bn) wiped off Boeing’s valuation leaving the world’s largest plane manufacturer on track to record its biggest single-day trading fall in two decades as concerns …
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