Boeing 787 Dreamliner aborts takeoff at last minute
Panelists Ben Levithorne, Al Root, and Megan Leonhart examine some of 2024's biggest turnaround failures on Barron's Roundtable. An Etihad Airways Boeing 787-9 Dreamliner aborted takeoff from Melbourne Airport in Australia on Sunday due to technical reasons, according to reports. Etihad Airways flight EY461, bound for Abu Dhabi from Melbourne, began accelerating on the runway […]
Boeing shares plunge nearly 5% after deadly South Korean plane crash
Boeing shares fell 4.5% on Monday morning after South Korean authorities ordered an inspection of the aircraft model involved in last weekend's Jeju Air crash. Acting President Choi Sang-mok directed the Ministry of Transportation to begin an emergency inspection of all domestic airline operations. Officials from the Ministry of Land, Infrastructure, Transport and Tourism (MOLIT) […]
Landing Gear Malfunctions on Second South Korean Boeing Airliner After Deadly Crash
A day after a South Korean Jeju Air Boeing 737-800 burst into flames during an emergency landing due to a landing gear problem, a second Jeju Air plane of the same type reported a landing gear problem and returned safely to its departure airport. . The first plane, Jeju Air flight 7C-2216, reported The bird […]
Boeing shares fall after South Korea calls for investigation into 737-800 jets
Aviation consultant Mike Boyd joins Fox & Friends Weekend to discuss the plane crash in South Korea. Boeing shares fell on Monday morning after South Korea announced it would launch an investigation into the country's airline operations following the country's deadliest plane crash involving a Boeing plane. . acting Korean President Choi Sang-mok announced the […]
NASA astronauts stuck in space after Boeing spaceship hit new delay
Two NASA astronauts stranded in space suffered new delays after problems aboard Boeing's Starliner earlier this year. Astronauts Suni Williams and Butch Wilmore were part of Boeing's long-delayed mission in early June. The first launch was delayed several times due to thruster failure and helium leaks. Williams and Wilmore's trip was originally scheduled to last […]
They Had Issues with Boeing, ‘Didn’t Seem to Be Up to the Job’
In an interview with Bloomberg on Thursday, Rep. Adam Smith (D-Wash.) reacted to FAA Administrator Mike Whitaker's announcement of his resignation in January and expressed concerns about who President-elect Trump will choose for the post. He said the following: Indeed, as has been documented, we have problems with the FAA's ability to adequately monitor Boeing […]
Boeing to Lay Off Nearly 400 Workers at Plants in Washington State
Aircraft maker Boeing will lay off 396 employees in Washington state as it makes internal adjustments. A notice issued Monday by the state Employment Security Department. said Reuters reported that the job cuts will be made in various locations. Boeing is trying to get production of its best-selling 737 MAX back on track after a […]
Boeing to layoff hundreds in Washington as second-round of company cuts continue
Boeing is laying off 396 employees at its Washington state location, Reuters reported on Monday. The move is part of a 10% global workforce reduction announced by the company in October and is expected to affect about 17,000 jobs within Boeing. Fox Business reported in November that 2,199 Boeing employees in Washington state, totaling more […]
Boeing to layoff 396 employees in Washington state
Peter McNally, head of global analyst at Third Bridge, spoke on “The Big Money Show” about how the Boeing factory workers' strike is impacting business. Boeing is laying off 396 employees at its Washington state location, Reuters reported on Monday. The move is part of a 10% global workforce reduction announced by the company in […]
Boeing plea deal rejected
sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Welcome to The Hill's Business & Economics Newsletter {beacon} business and economy business and economy Full text Judge rejects Boeing plea deal in 737 MAX crash A federal judge on Thursday rejected a plea deal that would have allowed […]