" Boeing on Wednesday reported its first quarterly revenue drop in seven quarters, but the US planemaker beat Wall Street expectations that were lowered after a January mid-air blowout of a cabin door prompted it to slow production of its strongest-selling jets.
After the report, Boeing’s Chief Executive Dave Calhoun told CNBC that a deal…
" Boeing opens new tab CEO Dave Calhoun will step down by year-end in a broad management shakeup brought on by the planemaker’s sprawling safety crisis exacerbated by a January mid-air panel blowout on a 737 MAX plane.
Stan Deal, Boeing Commercial Airplanes President and CEO, will retire, and Stephanie Pope will take over that…
" The head of the US Federal Aviation Administration said Boeing must improve safety culture and address quality issues before the agency will allow the planemaker to boost 737 MAX production.
The FAA in late January took the unprecedented step of telling Boeing it would not allow the company to expand 737 MAX production in…
" Airline executives are frustrated with Boeing as its safety crisis has upended their business plans. But in a tight market for large aircraft supplied by two companies, they have little choice but do business with the U.S. planemaker.
Despite some public displays of alarm – United Airlines CEO Scott Kirby flew to France…