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Video Shows Man Stuck In Overhead Bin After Boeing Flight Suffers Severe Turbulence

TMZ reports that severe turbulence occurred during a flight from Madrid to Montevideo, Uruguay on Monday, injuring several passengers and trapping one man in an overhead bin. A transatlantic flight turned into a nightmare for passengers on Air Europa flight UX045 from Madrid to Montevideo, Uruguay, when the plane encountered severe turbulence, causing confusion and […]

Boeing acquiring supplier Spirit AeroSystems for $4.7B

Boeing said Monday it plans to buy Spirit AeroSystems, a supplier it spun off from a subsidiary decades ago, in an all-stock deal for $4.7 billion. Boeing has outsourced some manufacturing processes to Spirit for years, but the move gives the company increased oversight and control over its manufacturing process amid ongoing scrutiny from federal […]

Boeing agrees to buy Spirit AeroSystems for $4.7B to address safety concerns

A briefing was held in Renton, Washington, on Tuesday in which details of the supplier’s “deficiencies” were outlined. Boeing on Monday announced a deal to acquire Spirit AeroSystems for $4.7 billion, aiming to address and resolve recent safety concerns. Boeing said in a news release that it will pay $37.25 a share to acquire Spirit […]

Boeing to buy supplier Spirit AeroSystems in $4.7bn deal | Boeing

Boeing has agreed to buy a parts supplier it sold nearly 20 years ago for $4.7bn (£3.7bn) as it seeks to improve safety on its production lines after a panel blew off on an Alaska Airlines plane in flight earlier this year. The under-pressure U.S. aircraft maker is buying Spirit AeroSystems, a supplier of fuselage […]

DOJ to offer Boeing plea deal, victims' families 'strenuously object'

The Department of Justice (DOJ) is preparing to offer Boeing a plea deal in a criminal case over two fatal crashes involving the company’s 737 Max jetliners, according to lawyers representing the families of the crash victims. Paul Cassell, a lawyer for the families of the 15 people killed in the Boeing 737 Max jetliner […]

US wants Boeing to plead guilty to fraud over fatal crashes, lawyers say

The U.S. Department of Justice plans to propose that Boeing plead guilty to fraud charges related to two fatal crashes involving its 737 Max jetliners, according to two people who heard federal prosecutors detail the proposal on Sunday. Boeing has until the end of next week to decide whether to accept or reject the proposal, […]