Boeing Pleads Guilty: 3 Takeaways From Its Deal With the DOJ
The plea deal with the DOJ would mandate that Boeing pay more fines and install an independent monitor to oversee its quality control and production processes.
Boeing
News about the Boeing Company, the 737 Max, and the broader aviation industry.
Boeing to Plead Guilty to Criminal Fraud Charge in 737 Max Probe
If the plea deal is accepted by the judge, it would make The Boeing Company a convicted felon. This in itself could have serious consequences for the firm.
Ryanair Just Had its Busiest Month Ever, But That Won’t Stop it Complaining
Despite Europe’s largest airline smashing its all-time passenger record, don’t expect Ryanair to be any less vocal about the external factors impacting its business.
Boeing to Buy Major Contractor to Improve 737 Max Production Quality
Boeing executives will be hoping that the Spirit AeroSystems deal helps it regain the narrative following production quality concerns.
Justice Department Plans to Ask Boeing to Plead Guilty Over 737 Max Linked to Fatal Crashes
If Boeing is convicted of committing a felony, it could become harder for the plane maker to win contract work with the federal government.
Boeing’s Screw Up, HomeToGo’s Gamble and Asia’s Disappearing Routes
Today's podcast looks at Boeing's new mistake, HomeToGo's new policy, and China's fraught direct air relationship with India.
Boeing 'Blatantly Violated' NTSB Rules During 737 Max Media Briefing
The federal agency has issued a blistering statement alleging that a Boeing executive disclosed “non-public” information about the January 5 Alaska Airlines accident with the press. Serious consequences will follow.
Activist Investor Slams Southwest’s Outlook, Says Airline is ‘Unable to Adapt’
Elliott Investment Management, which has a $2 billion activist stake in Southwest, was highly critical of the airline’s revenue forecast cut for the second quarter.
Airbus Will Deliver Fewer New Planes This Year: Should Airlines be Worried?
Boeing’s recent challenges have seen more airlines switch to Airbus. This could mean delivery delays have a wider operational impact on the industry.
FAA Chief Says Agency Was ‘Too Hands Off’ With Boeing Before Alaska Airlines Incident
The FAA now plans to meet with Boeing every week to keep track of the plane maker’s progress as it seeks to turn around its production and quality control processes.