Boeing, UPS and planes
Digest more
UPS (UPS) and FedEx (FDX), two of the leading cargo airlines in the world, have grounded their fleets of McDonnell Douglas MD-11 planes on the recommendations of the aircraft’s manufacturer, Boeing (BA),
As part of a deal to dismiss the case, Boeing agreed to pay or invest an additional $1.1 billion in fines, compensation for the crash victims' families, and internal safety and quality measures.
Boeing avoids felony prosecution for 737 MAX crashes after agreeing to pay over $1.1 billion in fines and strengthen safety programs under DOJ deal.
A U.S. judge approved a request by the Trump administration's Justice Department to dismiss a criminal case against Boeing , allowing the planemaker to avoid prosecution on a charge stemming from two fatal 737 MAX plane crashes that killed 346 people,
15hon MSN
Boeing: A Stock for the Long Haul
Boeing stock is worth holding for the long haul (“ Boeing’s Road to Redemption—and a Higher Stock Price,” Cover Story, Oct. 31). An investor who purchased $
KSNW Wichita on MSN
Boeing breaks ground on 787 site expansion in South Carolina
Boeing said it is investing over $1 billion in the project, which it expects will add 1,000 new jobs over the next five years.
The event — which celebrated plans to build a second final assembly building, adding 1.2 million square feet to Boeing’s plant — was distinctly political.
2don MSN
First civil trial over 737 Max crash in Ethiopia begins, as Boeing settles three more lawsuits
The first civil trial over the Boeing 737 Max crash in Ethiopia is underway. A federal court jury in Chicago is being asked to decide how much Boeing must pay to the family of one of the 157 victims killed in the March 2019 crash.
The Tajik carrier had an MOU to purchase the smaller 787-8 back in 2018 at the Dubai Air Show; however, this never materialised. This was part of the carrier's then growth plan to introduce long-haul flights, with the Boeing 767-300ER and eventually the 787.