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Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer. Boeing has lost more than $35 ...
In addition, Boeing said that it is trying to simplify its processes, specifically highlighting the installation plans of its 737 production line, as well as “eliminating defects.”
After two fatal Boeing 737 Max 9 crashes in 2018 and 2019 that killed 346 people, a panel was directed by Congress to review Boeing’s safety management processes.
Boeing’s most recent troubles began in January when a door plug on a 737-MAX 9 operated by Alaska Airlines blew off while the plane was in midair, requiring it to turn back only 20 minutes after ...
Boeing agreed in July to plead guilty to fraud in the wake of two fatal 737 MAX crashes in 2018 and 2019 and to pay a fine of up to $487.2 million and spend $455 million to improve safety and ...
As Boeing’s latest 10-K revealed, a three-year-old deal with the DOJ left the company vulnerable to a new crackdown if it appeared to cross any more lines.
After banking record-high profits in the 2010s, Boeing has bled more than $30 billion since 2019 after two fatal crashes of its best-selling 737 MAX jet triggered production quality and safety ...
Coming up with that could further delay the certification of its 737 Max 7 and 737 Max 10 jets — the shortest and longest versions of Boeing's newest narrow-body plane.