Boeing

Boeing ousts Muilenburg to steady spiralling 737 MAX crisis

Boeing Co fires CEO Dennis Muilenburg as the world's biggest planemaker seeks to control an escalating crisis that has seen it halt production of its best-selling 737 MAX jetliner following two fatal crashes.

Boeing says to halt 737 MAX production next month

Though the jets have been grounded worldwide since March following deadly crashes in Indonesia and Ethiopia, Boeing had continued to produce 40 of the planes per month

Boeing unveils new 737 MAX even as grounding drags on

The MAX has been grounded since March following a pair of deadly crashes that killed 346 people.

Airbus nails $30B in new plane orders

At Dubai Air Show, the largest deal for Airbus came from the Middle East’s biggest carrier, the Dubai-based Emirates, which announced it would be buying 20 additional wide-body Airbus A350s

Senators grill Boeing CEO over plane involved in two crashes

The hearing took place exactly one year after a 737 Max crashed off the coast of Indonesia and more than seven months after a second crash in Ethiopia. In all, 346 people died.

US imposes tariffs on $7.5 billion worth of EU goods

Tariffs come amid an ongoing trade war between the US and China and could risk destabilising the global economy further.

Boeing, Porsche partner on electric flying car

Boeing is already competing with arch-rival Airbus SE and other companies to introduce small self-flying vehicles capable of vertical takeoff and landing.

Turkey may reconsider $10B Boeing orders – Erdogan

President Erdogan says Turkey may re-evaluate its procurement of the aircraft from the US following Ankara's suspension from F-35 fighter jet project.

Boeing to take $4.9 billion charge over grounded jet

The aeroplane builder said it is booking the charge to cover possible compensation to airlines that had to cancel thousands of flights since regulators grounded the Boeing 737 Max fleet.

Boeing to make $50M in payments to 737 MAX crash victims' families

Veteran US compensation expert Ken Feinberg has been hired by Boeing to oversee the distribution.

Boeing to pay $100 million to crash families, communities

The multiyear payout is independent of lawsuits filed by families of the 346 people killed in the two 737 MAX crashes, which happened in October 2018 and March of this year, a Boeing spokesman said.

Austrian court allows US extradition of Ukrainian tycoon Firtash

The supreme court upheld a decision granting a US request to extradite Ukrainian tycoon Dmytro Firtash, paving the way for him to face trial in the United States over bribery allegations.