Boeing
Boeing CEO paid US$33 million in 2023, gave up bonus over MAX 9 incident
BOEING’S chief executive officer received US$33 million in compensation for 2023 but declined a potential US$2.8 million bonus following the near-catastrophic Alaska Airlines incident in January, the company said...
Boeing, Airbus exploring framework to divvy up Spirit Aero’s operations: sources
BOEING and Airbus are edging towards a potentially coordinated deal to split operations of troubled supplier Spirit AeroSystems, taking on plants needed to support their top jet programmes, people...
Alaska Air says Boeing paid US$160 million in compensation after MAX 9 grounding
ALASKA Air Group said on Thursday (Apr 4) Boeing has paid an initial compensation of about US$160 million in the first quarter to address the financial hit the airline...
Airlines desperate for planes paying more for older models
BOEING’S latest 737 Max crisis has worsened an airline shortage of popular narrow body aircraft, sending the cost of used-jet rentals to the highest level in years. The US planemaker...
Boeing 737 output drops on quality checks, more FAA audits: sources
BOEING 737 MAX jetliner production has fallen sharply in recent weeks as US regulators step up factory checks and workers slow the assembly line outside Seattle to complete outstanding...
United Airlines faces overstaffing due to Boeing’s delivery delays
UNITED Airlines on Monday (Apr 1) warned that delays in aircraft deliveries from Boeing would leave it overstaffed as it will impact its aircraft utilization this year.As a result,...
Boeing CEO Dave Calhoun to Resign at the End of This Year in Major Management Overhaul Following Alaska Air Door Blowout
Boeing CEO Dave Calhoun will step down from his position by the end of the year, while the company's board chairman will resign this spring in a massive management...
US: Wall St slips at open, Boeing rally caps losses on Dow
WALL Street’s main indexes kicked off the holiday-shortened week lower on Monday (Mar 25), as investors looked ahead to commentary from US Federal Reserve officials and key inflation data,...
