Boeing said Wednesday it lost $663 million in the fourth quarter as higher production costs and supply-chain problems offset rising revenue. It was another disappointing quarter for the aerospace giant, which has yet to recover from deadly crashes involving two of its 737 Max jets and a pandemic that depressed airline demand for new planes…
US Judge Orders Boeing Arraigned on MAX Fraud Charge
A federal judge on Thursday ordered Boeing Co. to appear in court on Jan. 26 to be arraigned on a 2021 felony charge after families of those killed in two fatal crashes objected to a 2021 plea deal. Boeing won immunity from criminal prosecution as part its $2.5 billion January 2021 Justice Department deferred prosecution…
Boeing, Airbus Hit Back Over Criticism of Delivery Delays
DUBLIN—The world’s two largest planemakers defended themselves on Tuesday following criticism over delivery delays, with a Boeing executive saying increasing production after COVID-19 lockdowns was “not as easy as an on/off switch.” Aircraft leasing firms have used a major industry conference to hammer manufacturers over delays. Air Lease executive chairman Steven Udvar-Hazy said they had…
Boeing 737 MAX Makes First Passenger Flight in China Since March 2019
BEIJING/SYDNEY—A Boeing Co. 737 MAX made its first passenger flight in China in nearly four years on Friday. The China Southern Airlines Co. Ltd domestic flight from Guangzhou to Zhengzhou departed at 0445 GMT using a MAX plane, according to flight tracking website FlightRadar24. The best-selling Boeing model was grounded in March 2019 after fatal…
Boeing Airliner Orders Hit 4-Year High, Led by 737 Max Jets
Boeing said Tuesday it took more than 200 net orders for passenger airplanes in December and finished 2022 with its best year since 2018, which was before two deadly crashes involving its 737 Max jet and a pandemic that choked off demand for new planes. The biggest boost came from United Airlines, which placed large…
FAA Names Experts to Review Boeing Safety Culture After Fatal Crashes
WASHINGTON—The Federal Aviation Administration (FAA) said Thursday it had named 24 experts to review Boeing’s safety management processes and how they influence Boeing’s safety culture after two fatal 737 MAX crashes killed 346 people. The panel, which was required by Congress under a 2020 law to reform how the FAA certifies new airplanes, includes MIT…
Aviation Startup Picks Engine Designer for Supersonic Plane
DALLAS—Aviation startup Boom Technology says it will power supersonic passenger jets with engines designed by a company better known for making small engines used on drones and cruise missiles. Boom said Tuesday that Florida Turbine Technologies, or FTT, will design the engines. The company says the plane could be making test flights in 2026 and…
United Places Huge Order With Boeing to Replace Aging Planes
United Airlines said Tuesday that it ordered 100 new Boeing 787s, a large, twin-aisle jetliner, to replace planes that are nearing retirement age and allow United to expand its international flying. United also added to its order book for the smaller Boeing 737 Max, which is used on domestic flights. The companies did not disclose…
Lawmakers Decline to Add Boeing 737 MAX Exemption in Defense Bill
WASHINGTON—Lawmakers late on Tuesday declined to add an extension to an annual defense bill of a looming deadline that would impose a new safety standard for modern cockpit alerts for two new versions of Boeing’s best-selling 737 MAX aircraft. The U.S. planemaker has been lobbying for months to convince lawmakers to waive the deadline that…
Federal Court Dismisses 737 MAX Class-Action Lawsuit Against Boeing, Southwest Airlines
A federal appeals court has dismissed a class-action lawsuit accusing The Boeing Company and Southwest Airlines of deceiving passengers by covering up the dangers of the Boeing 737 MAX. On Tuesday, the U.S. 5th Circuit Court of Appeals in New Orleans rejected the 2019 lawsuit in a 3–0 decision citing the plaintiff’s failure to prove…
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