Boeing will pause 737 production for a day at its Seattle-area location to address quality concerns. CEO Dave Calhoun assured that planes won't fly unless the company is '100%' confident in their safety. Lawmakers are questioning Boeing's safety procedures, and the FAA has restricted Boeing from increasing 737 MAX production. China has given permission for Boeing to resume 737 MAX 8 deliveries, ending a freeze since 2019. Despite these developments, Boeing's shares have dropped significantly.
$BA 🔸 BOEING SHARES EXTEND LOSSES, LAST DOWN 6.3%
$BA 🔸 BOEING SHARES DOWN 3.9% AFTER FAA HALTS CO FROM INCREASING 737 MAX PRODUCTION
BOEING DELIVERS 737 MAX JET TO CHINA, ENDING FOUR-YEAR FREEZE (Reuters) Boeing is set to deliver its first 737 MAX to a Chinese airline since March 2019 on Wednesday, flight data shows, ending a four-year freeze on imports of the U.S. plane maker's most profitable product in a… https://t.co/b4JFJjtWrj
$BA (-2.8% pre) China says Boeing has permission to resume 737 MAX 8 deliveries - Reuters https://t.co/S64hFzi4WN
$BA (-2.8% pre) Boeing Blocked From Building More 737s in Hit to Growth Plan - BBG https://t.co/ds3InroEv2
China says Boeing has permission to resume 737 MAX 8 deliveries https://t.co/4ftsFGKtGB https://t.co/uD7CEAJdz4
Boeing handed over a 737 Max aircraft to a Chinese airline for the first time since the best-seller was grounded in early 2019, in a boost to the U.S. plane-maker as it works to shore up support for the beleaguered model. https://t.co/XWOf7pY0d2
⚠️ CHINA SAYS BOEING HAS PERMISSION TO RESUME 737 MAX 8 DELIVERIES (Reuters) China said on Thursday it has given Boeing permission to resume deliveries of its 737 MAX 8 to local customers, ending an import freeze on the U.S. planemaker's most profitable jets which was put in… https://t.co/fPHgHutqZf
$BA | US Lawmakers Urge Boeing CEO To Put 'Safety Ahead Of Profits' As Senators Probe Into 737 MAX 9 Safety Lapse https://t.co/6mJOyytF6A
IT'S OFFICIAL: Boeing handed over a 737 Max aircraft to a Chinese airline for the first time since the best-seller was grounded in early 2019 https://t.co/wLMhhMfPV5 via @business by @juliejohnsson & @AirEVthingTRNSP
$BA | FAA Spox: Boeing Can Continue Producing 737 Max At Current Monthly Rate, But Cannot ‘Increase Rate Or Add Additional Production Lines’
Boeing CEO was on Capitol Hill Wednesday for private meetings with select members of Congress, likely in damage control mode in the wake of the 737-MAX 9 catastrophe a few weeks ago when a door blew out of an Alaska Airlines plane during flight. https://t.co/oWGbBVtFzG
Boeing will not put planes in air unless 100% confident, CEO says https://t.co/ls0VFqS2Z2 https://t.co/5yKGpiVHwz
LISTEN NOW: CEO Dave Calhoun is facing questions from lawmakers over Boeing’s safety procedures. We’ll tell you all you need to know. Listen and follow the @PowerLunch podcast here: https://t.co/WV081BMFte https://t.co/x97XFbwWGb
$BA 🔸 BOEING 737 MAX FOR CHINA SOUTHERN AIRLINES TAKES OFF, ENDING FOUR YEAR FREEZE ON DELIVERIES TO CHINA
BOEING ARE "100% CONFIDENT" IN THEIR PLANES Despite catching on fire mid-air and parts dropping off them, Boeing's CEO remains 100% confident in their aircraft. "We don't put planes in the air that we don't have 100% confidence in." Source: Declan Herald https://t.co/RCKREmQsBB https://t.co/WzmUjqlctN
BREAKING: Boeing Set to Deliver First 737 Max to China Since 2019 Grounding https://t.co/2iKPwc4sEn via @business by @AirEVthingTRNSP & @juliejohnsson
⚠️ BOEING WILL NOT PUT PLANES IN AIR UNLESS 100% CONFIDENT, CEO SAYS (Reuters) Boeing CEO Dave Calhoun said on Wednesday the planemaker will only support the operation of its airplanes if it is "100%" confident in their safety. "We don't put planes in the air that we don't… https://t.co/r4ROkm0zNm
Boeing CEO Dave Calhoun to colleague Hillary Vaughn after mtg w/senators about issues with planes: We have confidence in the safety of our airplanes and that's what all of this is about and we fully understand the gravity there
From colleague Kelly Phares. Boeing CEO Dave Calhoun on CapHill to talk to senators about issues with its planes. Says "he wants to "answer all the questions lawmakers have because they have a lot of them." Says he is appearing on CapHill in the "spirit of transparency"
$BA 🔸 BOEING CEO: WE DON'T PUT PLANES IN AIR NOT 100% CONFIDENT IN
From colleague Kelly Phares. Boeing CEO Dave Calhoun mtg with senators today about the grounding of Boeing 737 Max 9 planes. Meets soon with Dem VA Sen Warner. Other mtgs later today & tomorrow.
$BA (-1.4% pre) FAA chief vows ‘boots on the ground’ at Boeing until quality control system is working - CNBC https://t.co/F513t83M2V
⚠️ JUST IN: *BOEING 737 TEAMS TO PAUSE OUTPUT A DAY FOR MEETINGS ON QUALITY $BA https://t.co/ojxOv7INlt
✈️ Boeing will hold a quality stand down Thursday at the Seattle-area location where it makes 737 aircraft, pausing production and delivery operations for a day, the company announced on Tuesday. https://t.co/2hvDLt92Ru
Boeing to pause 737 production for quality stand down on Thursday https://t.co/uvZRQXuL9r https://t.co/0dYKjLCbHc
Boeing’s embattled CEO is set to talk with senators in Washington, DC, on Wednesday, according to people familiar with the meetings -- > from @HouseInSession & @AlanLevin1 for @bpolitics https://t.co/FXPkcG8NHP via @business
*BOEING 737 TEAMS TO PAUSE OUTPUT A DAY FOR MEETINGS ON QUALITY guys, take a week.
$BA 737 TEAMS TO PAUSE OUTPUT FOR A DAY TO MEET ON QUALITY
⚠️ BOEING TO PAUSE 737 PRODUCTION FOR QUALITY STAND DOWN ON THURSDAY Full Story → https://t.co/w42VGmqVHd https://t.co/dueQU5rU6j
$BA BOEING 737 TEAMS TO PAUSE OUTPUT A DAY FOR MEETINGS ON QUALITY