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In the grand tapestry of aerospace innovation and global transportation, Boeing emerges as a colossal symbol of achievement, ambition, and the prowess of American industry. Founded in 1916, Boeing has become emblematic of the evolution of aviation, space exploration, and defense technology, continually shaping the frontiers of the skies and beyond through each successive decade. [...]
Boeing is traversing a critical period under the leadership of CEO Dave Calhoun, who is tackling rising challenges head-on. These challenges include production delays and a shrinking market share, notably against the backdrop of fierce competition from Airbus. On March 21, Dave Calhoun declared his departure from the position of Boeing's Chief Executive Officer. As [...]
With the final delivery of the Boeing 747 looming, the vacant space in Everett, Washington, the United States (US) will be utilized to produce more 737s, including the 737 MAX. The development was revealed by Stan Deal, the Chief Executive Officer (CEO) and President of Boeing Commercial Airplanes (BCA) in an email to staff on [...]
As Boeing is set to appear in front of a court in Texas, the United States, the families of the passengers killed in two 737 MAX crashes are asking the judge to appoint an independent party to look into the aerospace company’s culture of safety and ethics. The family members filed a brief on January [...]
A Pilot’s 737 MAX lawsuit has been tossed out after an Illinois federal judge said Oct. 31 that pilots have overreached both in their bid to recover damages for their purportedly diminished careers by claiming Boeing duped the international aviation community about the 737 Max jets, and in their repeat attempt to have the judge [...]
Boeing is to pay out $200m (£177.5m) over charges that it misled investors about two fatal 737 Max crashes. The US stock market regulator said the aviation giant and its former chief executive Dennis Muilenburg made false statements about safety issues. Boeing "put profits over people" in an effort to rehabilitate its image, according to [...]
The Securities and Exchange Commission (SEC) of the United States has charged aircraft manufacturer Boeing with providing misleading information to investors about the safety issues with the 737 MAX aircraft. Boeing and its former chief executive, Dennis Muilenburg, have agreed to pay $200 million and $1 million respectively to settle the case, according to an [...]
Boeing faces a new crisis after a 737 jet fell out of the sky in China, renewing concerns about its best-selling family of planes and extending one of the most turbulent periods in the aviation titan’s century-long history, Bloomberg.com reports. The 737-800 aircraft operated by China Eastern Airlines nose-dived Monday into mountainous terrain with 132 [...]
A judge has approved a $237.5 million settlement of a lawsuit in which Boeing investors accused company board members of failing to properly oversee safety issues around the 737 Max before two of the planes crashed, killing 346 people. The investors filed the so-called derivative lawsuit on behalf of Boeing. Insurers for several current and [...]
In 2018 in Indonesia and in 2019 in Ethiopia, pilots of two brand new Boeing 737 Max jet planes lost complete control of their planes and crashed, killing a total of 346 passengers and crew. The Max was to be the latest version of the 737, often the workhorse of airlines. Tragically, the new 737 [...]
