The US Federal Aviation Administration (FAA) and Transportation Secretary Pete Buttigieg express concerns over Boeing's safety culture and quality issues. FAA Administrator Whitaker emphasizes the need for Boeing to improve safety practices before increasing 737 MAX production. Boeing faces financial challenges and production constraints due to recent incidents, impacting its cash flow and reputation.
Boeing board summoned by airline CEOs! $BA https://t.co/jHClNdNmHn
Airbus Scores Widebody Jet Wins in Two Boeing-Leaning Markets via @business https://t.co/TA8VZzSkDi
🇺🇸‼️🚨 BOEING: A recent Aviation Administration audit of Boeing found the company's culture placed more emphasis on mass production than on safety standards, agency spokesman Michael Whitaker said in an interview. https://t.co/9tMuxs9beG
Boeing CFO says company will spend more than expected on security fixes following quality concerns https://t.co/2TcxKK01hd https://t.co/2TcxKK01hd
More bad news for $BA https://t.co/FKrLCtv9HL
Airline CEOs demand sit-down meeting with Boeing amid mounting safety concerns over string of 'incidents' - but aircraft manufacturer's own top brass won't attend https://t.co/QN4xWbFD4n https://t.co/eJ538b7Rja
Korean Air to Order Airbus A350 Jets in $13.7 Billion Deal https://t.co/24MBBxzhiG
🇺🇸BOEING'S BOARD OF DIRECTORS TO FACE THE MUSIC CEOs from several major airlines have demanded meetings with the company's board of directors to discuss the firm's safety issues after several high-profile incidents. It's not yet known if any airlines have begun to cancel orders… https://t.co/BrfsIs2s32 https://t.co/QaImRoxIxu
$BA (+1.3% pre) Airline CEOs Seek Meeting With Boeing Directors to Address Production Problems - WSJ https://t.co/m75oIStxal
Congress is eyeing more government oversight of Boeing after a series of high-profile accidents have launched multiple investigations into the company’s practices. https://t.co/NYQhtZtUoM
Airline CEOs want to meet with Boeing's board, an unusual sign of frustration with the manufacturer’s problems and its leader https://t.co/gE0DMZnwzk https://t.co/gE0DMZnwzk
Airline CEOs Seek Meeting With Boeing Directors to Address Production Problems https://t.co/kKUeDPDkn1
THE TAKEAWAY: Airbus secures two major orders from the flagship carriers of Japan and South Korea, a strategic win in markets that have traditionally leaned toward arch-rival Boeing https://t.co/ydE2gKUzUd via @business by @AirEVthingTRNSP
$BA | Airbus Scores Widebody Jet Wins In Two Boeing-Leaning Markets - BBG https://t.co/xfMQXec3s5
Airbus secures two major orders from the flagship carriers of Japan and South Korea, a strategic win in markets that have traditionally leaned toward arch-rival Boeing https://t.co/GKDrv2Dnjk
Korean Air Lines passed over embattled Boeing — typically the carrier’s top aircraft supplier — to order 33 Airbus SE A350 wide-body jets in a $14 billion deal https://t.co/WBBUitBIvO
We welcome Japan Airlines’ announcement that it will purchase ten Boeing 787 airplanes as part of its fleet renewal plan. Japanese firms supply critical wing and fuselage components for the 787, so this announcement is a win for the Japanese aerospace industry as well! And,… https://t.co/eOowTCjzAI
NEW: Japan Airlines will buy 42 new Boeing and Airbus jets in a multibillion dollar order https://t.co/F7L329mWib via @business
FAA wants inspections of Boeing Max planes for wiring flaw that could lead to 'loss of control' $BA $SPR (you can't make this zh*t up!) Boeing says it’s “not an immediate safety-of-flight issue,” but some aviation experts disagree. (NBC News) via @harriescarlet, link below
Boeing has had to limit production of its 737 Max aircraft after its latest crisis as it seeks to improve the quality of its manufacturing. The company is also dealing with increased regulatory scrutiny https://t.co/rzixZEYx1Z https://t.co/DKvyRTZysE
Airbus CEO Says Boeing's Problems Are Bad For Whole Industry https://t.co/5xTus7bSgg
There's more headache for Boeing this morning, the aircraft manufacturer suffering a major financial blow following a string of safety dramas. @apiotrowski9 #9News https://t.co/dBXa8rT6te
Boeing targets a culprit of 737 MAX production woes: 'Traveled work' https://t.co/brjHuopcjL by @Pras_S
🇺🇸BOEING BURNS CASH TO SAVE REPUTATION They will spend up to $4.5 billion by the end of March, higher than previously estimated, as they struggle to improve quality control on their 737 MAX production line. Recently, panels have blown out of planes in mid-air, along with parts… https://t.co/ps52tf0R6d
Boeing CFO warns 'expensive' changes are needed as company burns through billions to fix security concerns and admits prioritizing production over 'getting it done right' https://t.co/IhhgsY2S27 https://t.co/EOYy2KbeNx
Boeing anticipates significant financial losses due to aircraft incidents https://t.co/hXN54Wq0Tl https://t.co/IJYP51m55k
Exclusive: Ryanair CEO Michael O'Leary said he will meet with senior Boeing executives later in the day in Dublin to discuss prolonged delays in plane deliveries as a crisis at the US planemaker deepens https://t.co/VyBbjuscCo
Exclusive: Ryanair's O'Leary ups pressure on Boeing with meeting in Dublin https://t.co/3WBkdTtKbL https://t.co/ID0D0FxHdq
⚠️ EXCLUSIVE-RYANAIR'S O'LEARY WILL MEET SENIOR BOEING EXECS LATER ON WEDNESDAY Full Story → https://t.co/gpPeJ9dOZ6 Ryanair CEO Michael O'Leary said on Wednesday he will meet with senior Boeing executives later in the day in Dublin to discuss prolonged delays in plane… https://t.co/yVMkaxduLl
Boeing CFO Talks Cash, Spirit, And How to Fix Quality. The Stock Is Down. https://t.co/yd11rzczcq
Why Boeing's woes could push up airline prices for consumers https://t.co/wajnQZcDOa https://t.co/Bb0jXV4MgV
Boeing Predicts Massive Cash Drain as Jan. 5 Accident Takes Toll https://t.co/0LHrciDqmE
Boeing CFO says cash flow to be hit by production delays https://t.co/aeFuB3JoNf
$BA Boeing shares slide ~2-3% in pre-market trading after CFO talks down expectations because of recent events https://t.co/uQPYmxkUkA
⚠️ BOEING CFO SAYS MADE DECISION TO KEEP 737 PRODUCTION BELOW 38/MONTH Full Story → https://t.co/bML9nUEmRD Boeing has made the decision to keep B737 jet production below 38 per month, and will only accept a fully conforming fuselage from supplier Spirit AeroSystems at its… https://t.co/X9AS0hS9sJ
$BA BOEING DELIBERATELY CONSTRAINING 737 RATES FOR NEXT FEW MONTHS TO STRENGTHEN QUALITY
$BA | Boeing CFO: Deliberately Constraining 737 Production To Below 38/Month For Next Few Months
Boeing needs to focus on safety and quality after incidents, FAA chief says https://t.co/UZedB3L4po
Boeing's woes could mean higher airfares for U.S. travelers. https://t.co/8i9M2I6IH4
After a recent tour of Boeing’s facilities following several high profile issues with the company, FAA Administrator Michael Whitaker speaks to @LesterHoltNBC in an exclusive interview. https://t.co/ArNj4akyW9
Boeing must improve quality before boosting 737 production, FAA says https://t.co/CRnZ0kGGbZ
The U.S. Federal Aviation Administration said Boeing must improve its safety culture and address quality issues before it can increase 737 MAX production. READ MORE: https://t.co/fPUcbaRFyt https://t.co/fPUcbaRFyt
Airline issues could get worse as Boeing’s top rival faces headwind https://t.co/as9hF6eHrF
FAA ADMINISTRATOR SAYS HE HAS "TOOLS TO HOLD" BOEING ACCOUNTABLE AND FULLY INTENDS TO USE THOSE -REUTERS INTERVIEW
FAA ADMINISTRATOR WHITAKER SAYS BOEING MUST IMPROVE SAFETY CULTURE, ADDRESS QUALITY ISSUES -REUTERS INTERVIEW
FAA ADMINISTRATOR SAYS MAXIMUM 737 PRODUCTION RATE ALLOWED CURRENTLY IS 38 PLANES PER MONTH BUT THE ACTUAL CURRENT PRODUCTION "IS LOWER THAN THAT" -REUTERS INTERVIEW
FAA ADMINISTRATOR SAYS AGENCY HAS NOT BEGUN DISCUSSIONS WITH BOEING YET ABOUT HIKING 737 PRODUCTION, SAYING IT WILL ONLY INCREASE WHEN THEY ARE "RUNNING A QUALITY SYSTEM SAFELY" -REUTERS INTERVIEW
Transportation Secretary Pete Buttigieg said at the What's Next Summit that "there are real concerns with quality control at Boeing," but he still has no issue sitting in a window seat on Boeing planes. https://t.co/ruzbBtxcLr
.@USDOT @SecretaryPete shares his continued confidence in the aviation industry amidst growing safety concerns with Boeing #AxiosWNS https://t.co/g7DppZ6uIo
Boeing needs to shift its focus from the business of making planes toward safety in the wake of recent findings on lapses surrounding the January failure of a fuselage panel, the top US aviation regulator said. https://t.co/mvj0h4v9lU