Boeing 737 MAX certification test flights could start today June 29, 2020 The Federal Aviation Administration (FAA) has confirmed key certification test flights for the grounded Boeing 737 MAX could begin as soon Monday. In an email to Congress, the FAA said its Type Inspection Authorization (TIA) Board completed its review “clearing the way for flight certification testing to begin”. “Flights with FAA test pilots could begin as [...]
Tui and Boeing agree 737 Max grounding compensation June 3, 2020 Holiday operator Tui has reached a compensation deal with Boeing that includes slower delivery of the aircraft maker’s grounded 737 Max planes, bolstering its balance sheet during the coronavirus crisis. Tui’s earnings have been hit by the extended grounding of the 737 Max, and today said Boeing would pay compensation to cover “a significant portion” [...]
Boeing plans to restart production of 737 Max in May March 25, 2020 Planemaking giant Boeing is planning to restart production of the grounded 737 Max in May, sources told Reuters, despite disruption caused by the coronavirus outbreak. The US manufacturer, which is currently in negotiations with the federal government about state aid to help it through the current crisis, suspended production of the model in January due [...]
US airlines stocks in tailspin as coronavirus travel ban kicks in March 12, 2020 Boeing led a rout of US aviation stocks today as president Trump’s coronavirus travel ban battered the airline industry as markets opened across the Atlantic. For the second day in a row the aerospace giant shed around 15 per cent of its value, whilst fellow international carriers American Airlines, Delta and United all suffered double-figure [...]
Boeing share price dives as regulator rejects 737 Max wiring plan March 9, 2020 Boeing’s share price dived today after the aerospace giant suffered another blow in its attempt to get its 737 Max model flying again after US regulators said its wiring bundles did not meet safety standards. Shares initially plunged over 10 per cent before recovering slightly, but the US firm was still down eight seven per [...]
Boeing finds debris in fuel tanks of 737 Max aircraft February 19, 2020 Boeing has found potentially dangerous debris in the fuel tanks of its grounded 737 Max aircraft in a further blow for the model, which has been grounded since last March after two fatal crashes. An internal memo said that the company had found foreign object debris (FOD) – rags, tools, metal shavings and other materials [...]
Another ‘disastrous month’ for Boeing as reputation hits rock bottom January 29, 2020 Boeing’s reputation has hit a record low this month, as the troubled plane maker gears up to announce its annual results this afternoon. The manufacturer is still reeling from two crashes involving its 737 Max jet in 2018 and 2019. They killed a combined 346 people, and led to the best-selling jet being grounded worldwide. [...]
Boeing reveals new software issue could further delay 737 Max return to service January 18, 2020 Boeing has revealed it is addressing a new software issue on the grounded 737 Mac which could further delay its return to service. The aircraft maker discovered an issue relating to its power-up monitoring function that verifies some system monitors are operating correctly, during a technical review in Iowa last weekend. “We are making necessary [...]
Sacked former Boeing boss Dennis Muilenburg leaves with $62m payout January 13, 2020 Former Boeing boss Dennis Muilenburg has left the firm with a $62m (£48m), despite having overseen one of the most disastrous years in the company’s 104-year history. The payment comes in compensation and pension benefits, but Muilenburg will not get severance pay, according to Boeing. Read more: Boeing 737 MAX ‘designed by clowns’ internal memos reveal [...]
Boeing could be fined $5.4m by US regulator for 737 MAX defective parts January 11, 2020 The Federal Aviation Administration (FAA) has said it is seeking to fine Boeing $5.4m (£4.14m) on allegations it failed to prevent the installation of defective parts on its 737 MAX airplanes. The 737 MAX has been grounded since March 2019 after two crashes killed 346 people, although the parts issue is completely unrelated, Boeing said. [...]