Boeing in crisis - Rarely has a resignation been so overdue:
stuttgarter-nachrichten.de/inhalt.boeing-in-der-krise-selten-war-ein-ruecktritt-so-ueberfaellig.2489e398-3564-4ef5-9416-32768b609e8e.html
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| Last Updated | Mar 27 |
| Total Articles | 1 |
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Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
chicagotribune.com/2024/04/25/southwest-hiring-american/
Quick Glance: Is Southwest Ending Free Seating?
- Southwest Airlines is seriously considering seating allocation and passenger boarding to enhance its financial performance.
- Unlike most other airlines, Southwest does not have a premium section with higher fares.
- The airline is closely examining customer preferences regarding seating and boarding processes.
- Experts believe that Southwest could potentially earn a significant amount of money by introducing assigned seating.
Boeing: Dead whistleblower warned of safety breaches: John Barnett had been giving a formal legal deposition against the plane manufacturer before his sudden ...
bbc.com/news/68907597
FAA probes union claims Boeing retaliated against two engineers in 2022
reut.rs/3w61IsN
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
- Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.
- The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.
- Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.
- Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
Air China to Buy 100 Locally Made C919 Jets in $11 Billion Deal: Air China will buy 100 Comac C919 jets in a deal valued at $10.8 billion based on list prices ...
bloomberg.com/news/articles/2024-04-26/air-china-to-buy-100-locally-made-c919-jets-in-11-billion-deal
Boeing (BA) Still Has Wall Street Boosters Amid Cascade of Setbacks: For a company that has been in crisis mode for as long as Boeing Co., the planemaker has ...
bloomberg.com/news/articles/2024-04-23/boeing-ba-still-has-wall-street-boosters-amid-cascade-of-setbacks
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Bankrupt Katie Price in desperate bid for Harvey to stay at £350k-a-year college: Katie Price – who was declared bankrupt for a second time this year – has ...
mirror.co.uk/3am/celebrity-news/bankrupt-katie-price-desperate-battle-32679530
Fitch downgrades Boeing's outlook to 'negative' on production, cashflow challenges
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Buttigieg says Boeing must meet FAA quality plan before raising 737 MAX output: U.S. Transportation Secretary Pete Buttigieg said on Wednesday that Boeing must ...
reuters.com/business/aerospace-defense/buttigieg-says-boeing-must-meet-faa-quality-plan-before-raising-737-max-output-2024-04-24/
NASA astronauts, Butch Wilmore and Suni Williams, arrive in Florida for Boeing's first human spaceflight
apnews.com/article/boeing-space-capsule-starliner-astronauts-nasa-4742d2759c51d63c0d2ec9cbf93fce25
Airbus Lifts A350 Jet Output, Highlighting Edge Over Boeing: Airbus SE will further increase production of its advanced A350 widebody jet as the planemaker ...
bloomberg.com/news/articles/2024-04-25/airbus-lifts-output-for-a350-highlighting-edge-over-rival-being
Boeing’s (BA) Credit Rating Slashed by Moody’s to to Baa3, One Step From Junk: Moody’s Ratings downgraded Boeing Co.’s credit score to one notch from junk as ...
bloomberg.com/news/articles/2024-04-24/moody-s-slashes-boeing-s-credit-rating-to-one-step-from-junk
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American Airlines Stock, Southwest Diverge. Boeing Casts Shadow Over Q1 Earnings.
investors.com/news/american-airlines-stock-southwest-airlines-stock-earnings/
Boeing Credit Outlook Gets Gloomier as Fitch Also Turns Negative: Fitch Ratings became the third major credit grader to turn pessimistic on Boeing Co ...
bloomberg.com/news/articles/2024-04-26/boeing-credit-outlook-gets-gloomier-as-fitch-also-turns-negative
Paid articlePaid Rampup costs weigh on Q1 but Airbus hikes A350 output goal: Airbus posted weaker-than-expected first-quarter operating profit and cashflow as it hires more staff ...
reuters.com/business/aerospace-defense/airbus-misses-operating-profit-raises-a350-output-goal-2024-04-25/
Spain's prime minister says he will consider resigning after wife is targeted by judicial probe
apnews.com/article/spain-prime-minister-wife-corruption-allegation-2a0a4ab8f603a5c63106813eec5b5579
Quick Glance: Spain's PM faces pressure over wife's corruption probe
- A Madrid court confirmed an investigation against Begoña Gómez for alleged influence peddling and corruption.
- Sánchez criticized the complaint as part of a harassment campaign against his wife.
- The probe relates to Gómez's ties to companies that received government funding.
- The opposition pushed for a statement from her regarding the investigation.
Emergency slide falls off Boeing aircraft after takeoff: WASHINGTON - The emergency exit slide fell off a Delta Airlines jet after taking off from New York en ...
omanobserver.om/article/1152879/world/americas/emergency-slide-falls-off-boeing-aircraft-after-takeoff
Before congressional hearing: engineer accuses aircraft manufacturer Boeing of construction errors
faz.net/aktuell/wirtschaft/unternehmen/vor-kongressanhoerung-ingenieur-wirft-flugzeughersteller-boeing-baufehler-vor-19660826.html
Southwest Airlines Earnings Are Likely to Reveal Its True Exposure to Boeing: Southwest Airlines' earnings may be dominated by its reliance on Boeing and ...
barrons.com/articles/southwest-airlines-earnings-stock-price-4f6481b2
Paid articlePaid S&P slashes Boeing credit outlook as rating hovers above junk status: Boeing's credit rating was under pressure for the second time this week as S&P brought them ...
reuters.com/business/aerospace-defense/sp-revises-outlook-boeing-negative-2024-04-25/
Adrian Newey set to leave Red Bull F1 team: Legendary designer Adrian Newey is set to leave the Red Bull Formula 1 team, Motorsport.com has learned.
motorsport.com/f1/news/adrian-newey-set-to-leave-red-bull-f1-team/10603201/
Bubble Tea IPO Drains Dregs of Optimism From Hong Kong: Hi, it’s Pei Li in Hong Kong, where a Chinese bubble tea maker just made its much-anticipated trading ...
bloomberg.com/news/newsletters/2024-04-23/bubble-tea-ipo-drains-dregs-of-optimism-from-hong-kong
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Alaska Airlines May Opt To Cull Future Boeing Deliveries: Alaska Air Group is unsure how many aircraft it will receive from Boeing in 2024.
aviationweek.com/air-transport/airlines-lessors/alaska-airlines-may-opt-cull-future-boeing-deliveries
Reuters: Canada grants Airbus waiver against sanctions on Russian titanium: Airbus has been granted a waiver by the Canadian government, allowing it to continue ...
kyivindependent.com/reuters-canada-grants-airbus-waiver-against-sanctions-on-russia-titanium/
Boeing’s Revival Roadmap Put to Test by Dwindling Time and Cash: Boeing Co.’s assurance that it can pull itself together in the next three months is giving rise ...
trib.al/BuwYdMY
Espionage allegations against AfD employee: calls for Krah's resignation: Representatives of several parties have called on AfD top candidate Krah to resign ...
tagesschau.de/inland/innenpolitik/afd-spionageverdacht-china-102.html
Quick Glance: Investigation of Possible Payments from China and Russia to Maximilian Krah
- The General Prosecutor's Office in Dresden has officially initiated investigations against Maximilian Krah due to potential financial flows from Russian and Chinese sources.
- The AfD lead candidate for the European Parliament elections, Maximilian Krah, is the subject of two preliminary investigations at the General Prosecutor's Office in Dresden.
- Towards the end of last year, Krah was questioned by the FBI about possible payments from Kremlin-related sources, allegedly carrying a four-digit sum of money at that time.
- On Monday evening, German authorities arrested Jian G., a close associate of Krah, who is suspected of spying for the Chinese intelligence service in Germany.
Korean Air in talks to buy Boeing 777X jets, sources say: Korean Air is in talks over the purchase of at least 10 Boeing 777X jetliners in a potential tilt back ...
reuters.com/business/aerospace-defense/korean-air-talks-buy-boeing-777x-jets-sources-say-2024-04-24/
Quick Glance: Korean Air in Talks to Purchase Boeing 777X Jets
- Korean Air is in talks to purchase at least 10 Boeing 777X jets, potentially shifting back to its traditional U.S. supplier.
- Discussions with Boeing regarding the 777X, an upgraded version of the 777 mini-jumbo already in use by the carrier, are ongoing.
- Korean Air plans to acquire nearly two-thirds of smaller domestic rival Asiana for about $1.4 billion.
- The EU conditionally approved the Asiana purchase in February, stipulating that Asiana's cargo business must be divested before final approval.
Ryanair CEO Urges Leadership Continuity at Boeing During Crisis: Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said Boeing Co ...
bloomberg.com/news/articles/2024-04-24/ryanair-ceo-urges-leadership-continuity-at-boeing-during-crisis
Reuters World News: Trump's foreign courters, and other top stories: The US Senate approves a bill to ban TikTok unless it’s sold by its Chinese owner ByteDance.
reut.rs/3Qjjfo7
Mark Menzies: MP quits Conservatives after claims he misused party funds: The party says it could not conclude he misused funds. but finds he showed a "pattern ...
bbc.com/news/uk-politics-68870117
Quick Glance: Mark Menzies: MP Accused of Campaign Fund Misuse, Party Exit, and Future Election Abstention
- An elected official accused of mishandling campaign funds has departed from the Conservative Party and declared no intention to participate in the upcoming general election.
- Following allegations reported in The Times, Mark Menzies revealed his decision after purportedly using political contributions to address medical costs and settle debts incurred from being confined by individuals demanding a substantial ransom for his release.
- Upon a request for scrutiny by Labour, Lancashire Police disclosed their evaluation of 'details' concerning Mr. Menzies. An internal inquiry by the Conservative Party has been initiated to explore potential improprieties in the utilization of their financial resources.
- Additionally, the party's internal oversight body will assess whether Mr. Menzies' conduct contravened the Nolan principles of public ethics, encompassing traits like altruism, probity, and candor. The spokesperson affirmed, 'We are prepared to collaborate with law enforcement, if they deem our insights beneficial to any inquiry they opt to conduct.'
Reuters World News: Trump's foreign courters, and other top stories: The US Senate approves a bill to ban TikTok unless it’s sold by its Chinese owner ByteDance.
reut.rs/3Qjjfo7
Boeing buys GKN factory in Hazelwood, saving 550 jobs: Boeing’s deal for GKN Aerospace’s Hazelwood plant comes at a crucial moment for the defense contractor and ...
stltoday.com/news/local/business/boeing-buys-gkn-factory-in-hazelwood-saving-550-jobs/article_536ed6de-01b4-11ef-af1b-ffbd0896f85c.html
Brand-new Iberia Airbus A321XLR dressed in partial livery spotted for first time
aerotime.aero/articles/iberia-airbus-xlr-livery
United Airlines Stock Rises as Profit Forecast Tempers Boeing Concerns (UAL, BA): United Airlines Holdings Inc.’s shares rose after the carrier forecast ...
bloomberg.com/news/articles/2024-04-16/united-airlines-cuts-2024-aircraft-plan-amid-growth-challenges
Paid articlePaidQuick Glance: United Airlines cuts 2024 aircraft delivery plan
- United Airlines has reduced its aircraft delivery expectations for the year due to Boeing delays.
- The company plans to lease 35 Airbus A321neos in 2026 and 2027.
- United Airlines incurred a $200 million loss due to the temporary grounding of the Boeing 737 Max 9 in January.
- The company exceeded Wall Street's expectations for the first quarter.
🔊 Beleaguered Boeing faces tough investor questions as it reports results. Listen to @davidshepardson with insights on the planemaker's turbulent first quarter
reut.rs/4d9SrAB
Boeing expects slower increase in 787 production rate and deliveries, memo says: Boeing expects a slower increase in the production rate and deliveries of its ...
reuters.com/business/aerospace-defense/boeing-expects-slower-increase-787-rate-production-deliveries-memo-2024-04-22/
Embraer (ERJ) Emerges as Brazil’s Best Stock on Orders Flow: Embraer SA’s push into a market long dominated by Boeing Co. and Airbus SE is bearing fruit in ...
bloomberg.com/news/articles/2024-04-17/jet-maker-embraer-emerges-as-brazil-s-best-stock-on-orders-flow
Paid articlePaid Boeing Earnings: Planemaker Is Burning Through Its Cash. That’s Good.: The planemaker is finally willing to spend what it takes to fix its supply chain and ...
bloomberg.com/opinion/articles/2024-04-24/boeing-earnings-planemaker-is-burning-through-its-cash-that-s-good
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King Charles to resume public duties as cancer treatment continues: Buckingham Palace announces Charles and Camilla will visit cancer centre as doctors are ‘very ...
thetimes.co.uk/article/king-charles-resume-public-duties-cancer-treatment-royal-news-psld8k38g
Paid articlePaidQuick Glance: King Charles III to Resume Public Duties Next Week
- King Charles III will return to his public duties next week following recovery from cancer treatment.
- Accompanied by Queen Camilla, he will visit a cancer treatment center to meet specialists and patients.
- The King will fulfill upcoming engagements and host Japanese Emperor Naruhito and Empress Masako for a state visit in June.
- No further specifics on his health condition were disclosed, but he is grateful for the opportunity to resume public duties.
Ariel Henry resigns as prime minister of Haiti: Ariel Henry has resigned as prime minister of Haiti, paving the way for a new government to take power ...
apnews.com/article/haiti-ariel-lhenry-resigns-violence-gangs-government-22868c51b5f4c9ca5a8d69fcb5df376b
Boeing Under Pressure From FAA, Capitol Hill, Wall Street Over Latest 737 Issue: As Boeing faces two hearings on Capitol Hill and an earnings report ...
bloomberg.com/news/articles/2024-04-18/boeing-under-pressure-from-faa-capitol-hill-wall-street-over-latest-737-issue
Paid articlePaid Boeing makes its largest-ever sustainable aviation fuel purchase : US planemaker Boeing has announced it has made its largest ever the largest sustainable ...
aerotime.aero/articles/boeing-makes-its-largest-ever-sustainable-aviation-fuel-purchase
Lufthansa and Eurowings among four airlines to back Europe with message on A320s
aerotime.aero/articles/lufthansa-eurowings-fuselage-message-europe
Boeing’s $3.9 billion cash burn adds urgency to revival plan: Boeing ended the reporting period with $7.5 billion in cash and short-term securities ...
bloomberg.com/news/articles/2024-04-24/boeing-s-3-9-billion-cash-burn-adds-urgency-to-quality-reboot
US State Department Arabic spokesperson resigns in opposition to Gaza policy: "I resigned April 2024 after 18 years of distinguished service in opposition ...
jpost.com/israel-hamas-war/article-798764
Delta Boeing 767 leaving JFK called back after emergency slide falls off: A Delta Airlines Boeing 767 flying out of JFK Airport had to turn back and make an ...
nydailynews.com/2024/04/26/delta-boeing-767-leaving-jfk-called-back-after-emergency-slide-falls-off/
Date announced for first ever Cleveland Pride event : Cleveland Pride will take place in Saltburn on Sunday, July 7 and will be packed with a programme of ...
gazettelive.co.uk/whats-on/date-announced-first-ever-cleveland-29037550
Boeing Stock Is Losing Altitude. It Needs To Find New Support.: The outlook for Boeing shares is hazy as it completes an epic 11-day losing streak ...
barrons.com/articles/boeing-stock-support-11d32050
Paid articlePaid Safran posts higher Q1 revenue, keeps financial targets: French jet engine maker Safran posted an 18.1% year-on-year increase in first-quarter revenue and ...
reuters.com/business/aerospace-defense/safran-posts-higher-q1-revenue-keeps-financial-targets-2024-04-26/
Columbia extends negotiations to clear pro-Palestinian encampment: Columbia University announced Wednesday it has extended negotiations with pro-Palestinian ...
thehill.com/homenews/education/4617624-columbia-extends-negotiations-to-clear-pro-palestinian-encampment/
Guess what: Boeing can be spelled without G and E: Boeing’s problems are now as big as its 747 jumbo-jet. Years of dubious decisions have eroded much of the ...
reuters.com/breakingviews/guess-what-boeing-can-be-spelled-without-g-e-2024-04-17/
Marjorie Taylor Greene says Mike Johnson needs to "do the right thing" and resign, or be ousted
axios.com/2024/04/21/mtg-mike-johnson-resign-ousted
Quick Glance: Ukrainian President Thanks US for Weapon Aid
- Ukrainian President Zelenskyy thanked U.S. political leaders for approving an aid package for Ukraine, providing the country with a chance at "victory" in its defense against Russia.
- The House passed a bill granting Ukraine $60.8 billion in aid, with Zelenskyy urging swift Senate approval to ensure rapid assistance to frontline soldiers.
- Zelenskyy emphasized the critical need for long-range weapons and air defense systems to stabilize the situation and regain the initiative in Ukraine.
- He addressed rumors of a territorial deal with Russia, emphasizing the importance of a strategy based on concrete democratic measures to end the war.
Boeing's crisis hurts everyone: The US aircraft manufacturer will take a long time to get back on its feet. Not good news for anyone who wants to fly sustainably ...
sueddeutsche.de/wirtschaft/boeing-737-max-krise-investitionen-1.6595219
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“Can carry the Taurus”: Airbus demands commitment to new Eurofighters: Eurofighters and Tornados are currently in use by the German Air Force ...
n-tv.de/politik/Airbus-verlangt-Bekenntnis-zu-neuen-Eurofightern-article24888260.html
Huw Edwards resigns from BBC on 'medical advice': The corporation has said the newsreader has resigned "on medical advice".
itv.com/news/wales/2024-04-22/huw-edwards-resigns-from-bbc-on-medical-advice
Quick Glance: Huw Edwards steps down from BBC due to health reasons
- Huw Edwards announced his resignation from the BBC on Monday, citing health reasons according to the corporation.
- A spokesperson for the BBC stated that after 40 years of service, Huw Edwards' decision based on medical advice was accepted.
- Mr. Edwards' wife, Vicky Flind, revealed that he is suffering from severe mental health issues and is currently receiving in-patient care.
- Mr. Edwards, one of the most prominent BBC presenters, had been involved in significant events such as royal weddings and funerals.
Etihad restarts Airbus A380 services to New York-JFK with a new daily flight : Etihad has brought Airbus A380 services back to New York-JFK with a new daily ...
aerotime.aero/articles/etihad-a380s-return-to-new-york
Quick Glance: Etihad Introduces A380 on New Route
- Etihad Airways flight EY1 from Abu Dhabi to New York landed at John F. Kennedy International Airport, marking the start of the airline's A380 double-decker service including The Residence, a luxurious three-room suite in the sky.
- The decision to introduce the A380 on the popular New York route aligns with the strategy to meet growing customer demand and expand the network. This move comes shortly after the launch of the new route to Boston, Etihad's fourth US gateway, emphasizing the commitment to serve and expand in the North American market.
- The integration of the A380 significantly increases Etihad's capacity in the crucial US market and provides convenient connections to the wider Middle East and the Indian subcontinent.
- One of Etihad's two daily flights to New York will be operated by the A380, while the other will be serviced by a 787-9, offering First, Business, and Economy cabins.
Johnson calls on Columbia University president to resign during tense news conference
cnn.com/2024/04/24/politics/johnson-columbia-university-president/
Met Police: Commissioner faces call to resign over protest row: Policing minister Chris Philp is set to meet the commissioner after an officer described a ...
bbc.com/news/articles/c4n19j892neo
Cebu Pacific unveils new A320neo as part of push for all-Airbus fleet by 2028 : The Philipine carrier Cebu Airlines has unveiled a brand-new A320neo as the ...
aerotime.aero/articles/cebu-pacific-airbus-delivery
Boeing retaliated against its own engineers working for FAA, union says: Boeing's engineering union alleges management retaliated against two engineers ...
seattletimes.com/business/boeing-aerospace/boeing-retaliated-against-its-own-engineers-working-for-faa-union-says/
Boeing claims no findings of fatigue on older 787 jets ahead of whistleblower testimony
reut.rs/3VUBcgx
Humza Yousaf says he won’t resign as Scotland’s First Minister amid threats of being ousted
news.stv.tv/politics/humza-yousaf-cancels-scottish-independence-speech-as-he-considers-position-as-first-minister
Boeing to face questions on potential CEO candidates, Spirit talks
reuters.com/business/aerospace-defense/boeing-face-questions-potential-ceo-candidates-spirit-talks-2024-04-22/
Head of Vietnam's parliament resigns amid corruption probe: Vietnamese state media outlet VN Express reports that the head of Vietnam’s Parliament ...
apnews.com/article/vietnam-corruption-parliament-vuong-dinh-hue-resign-8fcb6f1bedc44b55c9ce66cd10fd33cb
Amid schedule uncertainty, Boeing will shed workers on SLS rocket program: "Boeing is reviewing and adjusting current staffing levels."
arstechnica.com/space/2024/04/amid-schedule-uncertainty-boeing-will-shed-workers-on-sls-rocket-program/
Xavi to remain Barcelona head coach beyond the current season: Xavi will stay on as head coach of Barcelona, the club announced on Thursday ...
cnn.com/2024/04/25/sport/xavi-remains-barcelona-manager-spt-intl/
While Boeing Takes A Beating, This Aerospace Stock Takes Flight: While Boeing continues to flounder, fellow aerospace peer Heico has just launched a breakout ...
investors.com/research/breakout-stocks-technical-analysis/heico-stock-boeing-stock/
Airbus, Rolls-Royce Close to $20 Billion Turkish Airlines Parts Deal: Turkish Airlines is set to sign an agreement with Rolls-Royce Holdings Plc and Airbus SE ...
bloomberg.com/news/articles/2024-04-17/airbus-rolls-royce-close-to-20-billion-turkish-airlines-parts-deal
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Air New Zealand Working ‘Constructively’ With Boeing, Chair Says: Air New Zealand Ltd. will “work constructively” with Boeing Co. to secure its 787 Dreamliners ...
bloomberg.com/news/articles/2024-04-16/air-new-zealand-working-constructively-with-boeing-chair-says
Paid articlePaid Tesla, Texas Instruments, Enphase Energy, Boeing, Meta Platforms, and More Stock Market Movers
on.barrons.com/3UbGfGQ
Boeing’s Spirit AeroSystems talks hit snag over Airbus: Boeing's plan to buy back supplier Spirit AeroSystems has become mired in protracted discussions over ...
bloomberg.com/news/articles/2024-04-23/boeing-bid-for-spirit-aerosystems-hits-snag-over-airbus-assets
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Brenda Blethyn quits Vera role after 14 series in emotional statement : Brenda Blethyn has announced she is quitting her role as DCI Vera Stanhope in the hit ITV ...
dailyrecord.co.uk/entertainment/itv-veras-brenda-blethyn-role-32642259
Stock Market Today: Stocks Run Out of Steam Ahead of Meta Earnings: The Dow Jones Industrial Average snapped a four-day winning streak after Boeing's ...
kiplinger.com/investing/stocks/stock-market-today-stocks-run-out-of-steam-ahead-of-meta-earnings
Opinion | The Boeing Just-So Story: Aviation romantics aren’t helping a troubled company get back on track.
wsj.com/articles/the-boeing-just-so-story-flight-travel-2b239a61
NPR Editor Who Wrote Critical Essay On Company Resigns After Being Suspended: A National Public Radio editor who wrote a critical essay saying that his company ...
huffpost.com/entry/media-npr-editor_n_6620fe1de4b07db21fd66578
Quick Glance: NPR Suspends Senior Editor Following Critical Substack Analysis
- Senior business editor Uri Berliner at NPR was suspended due to critical remarks about the broadcaster.
- Berliner faced a five-day suspension after releasing an analysis claiming NPR's coverage was influenced by liberal bias.
- NPR accused Berliner of breaching company policies by publishing his work outside the organization without approval.
- Following the essay's release, NPR employees lost confidence in Berliner, and the network's new CEO came under scrutiny from conservative activists.
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