Boeing


Pandemic-hit Boeing plunges to 6th consecutive quarterly loss

Pandemic-hit Boeing plunges to 6th consecutive quarterly loss

(ATF) The pandemic has replaced bad design as the leading money loser for Boeing, as the US aircraft manufacturer posted a deficit for the sixth consecutive quarter.Production issues also dragged down revenues, but the company blamed signs of an uneven airline industry recovery as Covid-19 vaccines roll out at different …

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Latest Boeing 737 glitch stalls China travel bounceback

Latest Boeing 737 glitch stalls China travel bounceback

(ATF) Half a dozen Asian airlines have had their schedules curtailed after an electrical problem became the latest issue to ground the troubled Boeing 737 MAX aircraft, delaying a recovery in China's travel sector.Shandong Airlines, SilkAir, Spice Jet and Xiamen Airlines were hit by the grounding, as was Minsheng Leasing. …

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Boeing urges US to separate China business and human rights

Boeing urges US to separate China business and human rights

(ATF) Boeing Co on Wednesday urged Joe Biden's administration to keep human rights and other disputes separate from trade relations with Beijing, and warned that European rival Airbus would gain if the US aircraft manufacturer was locked out of China.Boeing and Airbus each sell about a quarter of their jetliners …

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Airlines could be landed with servicing backlogs before travellers return 

Airlines could be landed with servicing backlogs before travellers return 

Airlines stuck with parked planes because of the Covid pandemic are pushing back maintenance deadlines on parts and safety equipment. Special Covid waivers from plane manufacturers and regulators are allowing airlines to delay tasks like changing life vests, testing oxygen bottles and checking emergency exits.This means airlines can stop the …

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Boeing agrees to pay $2.5 billion over crashes of badly designed 737 jet

Boeing agrees to pay $2.5 billion over crashes of badly designed 737 jet

(ATF) Boeing Co will pay more than $2.5 billion in fines and compensation after reaching a settlement with the U.S. Department of Justice over two 737 MAX 8 plane crashes that killed a total of 346 people and caused disarray to global airline schedules.The settlement, which allows Boeing to avoid …

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