Articles tagged “boeing”

Boeing Preaches Patience in First Earnings Call After Max Grounding

Boeing Preaches Patience in First Earnings Call After Max Grounding

Brooke Sutherland, Bloomberg

Boeing is going to take a financial loss from the Max groundings. The only question is how much. The manufacturer said Wednesday it will take a $1 billion hit from increased expenses related to the grounding. But that's just the start.

16 hours ago

United CEO: Return of 737 Max Jets to Service Should Be Uniform Across Airlines

United CEO: Return of 737 Max Jets to Service Should Be Uniform Across Airlines

Joe Weisenthal and Justin Bachman, Bloomberg

Remember, United is not as affected by this grounding as other airlines. This month, Max flights would have accounted for about 1.4 percent of capacity. That's about the same as United's flight to Newark to New Delhi, which has been suspended because of airspace restrictions in Pakistan.

21 hours ago

Boeing Dreamliner Manufacturing Plant Cited for Aircraft Safety Lapses

Boeing Dreamliner Manufacturing Plant Cited for Aircraft Safety Lapses

Maria Jose Valero and Jim Silver, Bloomberg

At a time when Boeing faces intense criticism about its handling of its 737 Max aircraft, problems with Dreamliner manufacturing in South Carolina is most unwelcome news. The company must get to the heart of the production problems there immediately, and fix them.

4 days ago

Airlines Still Don’t Know When the Boeing 737 Max Will Return to Service

Airlines Still Don’t Know When the Boeing 737 Max Will Return to Service

Ryan Beene and Alan Levin, Bloomberg

Airlines probably would prefer to have the planes back as soon as possible. But this is one of those things that will take as long as it takes.

2 weeks ago

Boeing’s 737 Production Drop Will Hurt Other Aerospace Companies

Boeing’s 737 Production Drop Will Hurt Other Aerospace Companies

Esha Dey, Bloomberg

Boeing relies on many vendors to make its Boeing 737 Max jets. A lot of them will take a hit as the plane maker reduces how many aircraft it builds each month.

2 weeks ago

Etihad Airways Is Reeling as It Needs a $600 Million Loan to Buy Planes

Etihad Airways Is Reeling as It Needs a $600 Million Loan to Buy Planes

Arif Sharif, Bloomberg

It was only a few years ago that American, United, and Delta were lobbying hard to block incursions by Gulf carriers. Stung by its own non-alliance alliance strategy and other missteps, Etihad Airways is hurting a bunch.

3 weeks ago

Boeing to Slash 737 Production by Nearly 20 Percent

Boeing to Slash 737 Production by Nearly 20 Percent

Julie Johnsson, Bloomberg

Dennis Muilenburg said Friday once the Max returns to the skies, it will be as safe as any airplane every to fly. Big promise. Winning back trust on those words won't be easy.

3 weeks ago

Overhead Bins Stir Lots of Flyer Anxiety: Digital Tech Is Here to Help

Overhead Bins Stir Lots of Flyer Anxiety: Digital Tech Is Here to Help

Brian Sumers, Skift

Even many seasoned travelers have overhead-bin anxiety. Can Boeing and Airbus find a way to make it easier to match travelers with bin space?

3 weeks ago

Whistleblowers Say Boeing 737 Max Inspectors Lacked Proper Training

Whistleblowers Say Boeing 737 Max Inspectors Lacked Proper Training

Ryan Beene, Julie Johnsson and Alan Levin, Bloomberg

It turns out that safety inspectors lacked proper training to detect flaws in the Boeing 737 Max line of aircraft. The real bad part is that the FAA knew about this last year, before the two tragedies took place.

3 weeks ago

Boeing Needs More Time to Complete Max Software Upgrade

Boeing Needs More Time to Complete Max Software Upgrade

Julie Johnsson and Alan Levin, Bloomberg

Time is money. Airlines will want Boeing to get the upgrade out as soon as possible so they can safely start flying their expensive aircraft again.

3 weeks ago

Boeing’s Investors Are the Only Ones Pleased With the Company Now

Boeing’s Investors Are the Only Ones Pleased With the Company Now

Brooke Sutherland, Bloomberg

We'd like to see more scrutiny as the impetus to rally around Boeing right now leaves little room for skepticism and improvements.

4 weeks ago

TUI Takes $225 Million Hit From Boeing 737 Max Grounding

TUI Takes $225 Million Hit From Boeing 737 Max Grounding

Christopher Jasper , Bloomberg

The Max grounding was always going to have consequences for airlines and travel companies that had a big exposure to the aircraft. TUI, and others, will be hoping the delays don't last too long.

4 weeks ago