Latest Boeing Co News

FILE - In this Dec. 16, 2019, file photo, a worker looks up underneath a Boeing 737 MAX jet, in Renton, Wash. Boeing has found a new software problem on its grounded 737 Max jetliner. The aircraft maker said, Friday, Jan. 17, 2020, it is making the necessary changes and working with the Federal Aviation Administration. (AP Photo/Elaine Thompson, File)

Boeing is working on a new software issue on the 737 Max

Jan. 17, 2020 4:59 PM EST

Boeing is working to fix a newly discovered problem with software powering up on the 737 Max, adding to the list of tasks the aircraft maker faces to get the grounded plane back in the air. Boeing said Friday it has told the Federal Aviation Administration about the issue. “We are making necessary updates...

This Dec. 3, 2018 photo provided by the Mexican Presidential press office shows the presidential airplane at the presidential hangar at Benito Juarez International Airport in Mexico City. Mexican President Andres Manuel López Obrador has made selling off the luxurious presidential jet a centerpiece of his austerity program, but there's just one problem: Nobody, it seems, wants to buy the white elephant. (Mexican Presidential press office via AP)

Mexico's president hopes to raffle off presidential jet

Jan. 17, 2020 1:22 PM EST

MEXICO CITY (AP) — Mexican President Andres Manuel Lopez Obrador announced the latest in a series of desperate ideas Friday to sell off his predecessor's official jet, which he says is too luxurious for a country where half the people live in poverty. López Obrador said he is considering raffling off...

FILE - In this May 8, 2019, file photo a Boeing 737 MAX 8, being built for American Airlines, is partially obscured by the engine wash as it takes-off on a test flight in Renton, Wash. A government committee reviewing how the Federal Aviation Administration certifies new passenger planes for flight has determined that the system is safe and effective but small changes need to be made. The committee was appointed by Transportation Secretary Elaine Chao in April after two deadly crashes involving Boeing's 737 Max. (AP Photo/Elaine Thompson, File)

Panel finds FAA followed procedures in approving Boeing Max

Jan. 16, 2020 7:04 PM EST

A government advisory committee has concluded that federal regulators followed established procedures when they certified the Boeing 737 Max and did not delegate too much safety analysis for the plane to Boeing. In a report Thursday, the panel said the FAA correctly treated the Max as an update to older 737s and...

ARCHIVO - En imagen de archivo del 3 de octubre de 2019, los fuselajes del Boeing 737 MAX, fabricados por Spirit Aerosystems en Wichita, Kansas, se encuentran cubiertos pr lonas cerca de la fábrica. (Travis Heying/The Wichita Eagle vía AP, archivo)

Kansas says it's better prepared now for aviation layoffs

Jan. 16, 2020 6:31 PM EST

Kansas Labor Secretary Delia Garcia said Thursday that the state is better prepared to respond to layoffs stemming from the grounding of the troubled Boeing 737 Max than it was during the Great Recession, when it had to borrow money to prop up its unemployment insurance trust fund. That fund now has about $1...

Moody's downgrades debt rating for largest Boeing supplier

Jan. 14, 2020 3:38 PM EST

WICHITA, Kan. (AP) — Moody's Investors Service announced that it is downgrading the debt rating for Spirit AeroSystems, Inc. to junk-bond status after the major supplier of fuselages for Boeing's troubled 737 Max announced massive layoffs last week. Monday's downgrade comes after Spirit announced Friday...

FILE - In this Monday, Dec. 16, 2019, file photo, Boeing 737 Max jets sit parked in Renton, Wash. American Airlines said Tuesday, Jan. 14, 2020, that it is removing the Boeing 737 Max from its schedule for two more months and canceling nearly 20,000 flights through early June, an acknowledgment of the ongoing uncertainty over when the grounded plane will fly again. (AP Photo/Elaine Thompson, File)

Max crisis: Boeing airplane orders plunge to a 16-year low

Jan. 14, 2020 2:35 PM EST

CHICAGO (AP) — Boeing orders and deliveries of new jetliners plunged last year as the company struggled with the worldwide grounding of the 737 Max, which had been its best-selling plane. Gross orders fell to their lowest mark in 16 years, and that tells only part of the story. Boeing reported more...

FIE - In this Feb. 5, 2019, file photo a ramp worker guides a Delta Air Lines plane at Seattle-Tacoma International Airport in Seattle. Delta Air Lines says it earned $1.1 billion in the fourth quarter by operating more flights and filling a higher percentage of seats.  The financial results beat Wall Street expectations. Delta and other U.S. airlines are enjoying a prolonged period of profitability thanks to steadily rising demand for travel.   (AP Photo/Ted S. Warren, File)

Strong demand, mild fuel prices help Delta earn $1.1 billion

Jan. 14, 2020 12:19 PM EST

Delta Air Lines boosted its fourth-quarter profit to $1.1 billion by adding more flights over the holiday-packed period and stuffing them even more full of passengers. Lower fuel prices helped too, as Delta reported Tuesday that earnings rose 8% over a year earlier and beat analysts' expectations. And unlike key...

FILE - In this Jan. 26, 2011 file photo, Nielsen Company CEO David Calhoun, center, watches progress as he waits for the company's IPO to begin trading, on the floor of the New York Stock Exchange. Calhoun took over Monday, Jan. 13, 2020, as Boeing's third CEO in the last five years, following the firing last month of Dennis Muilenburg. (AP Photo/Richard Drew, File)

New Boeing CEO inherits crisis created under his predecessor

Jan. 13, 2020 7:57 PM EST

Changing CEOs was the easy part. Now it's up to Boeing's new leader to deal with a crisis caused by two crashes and the grounding of the company's best-selling plane. David Calhoun took over Monday as Boeing's third CEO in the last five years, following the firing last month of Dennis Muilenburg. Calhoun will...

Woodward, Hexcel attempt to become a force in aerospace

Jan. 13, 2020 11:21 AM EST

Woodward and Hexcel are merging in an all-stock deal that would create one of the largest suppliers in the aerospace and defense industry. The companies say the tie-up will allow them to create more efficient aircraft that will reduce emissions, a big hurdle for the aerospace industry. “The future of...

3 reported killed in crash of trainer plane in China

Jan. 13, 2020 6:36 AM EST

BEIJING (AP) — A pilot and two students were killed Monday when their trainer aircraft crashed in the central Chinese province of Hubei, state media reported. The brief report did not give the type of aircraft but said the apparent accident occurred shortly after noon outside the Hubei city of Yichang,...