Independent thinking for complex markets and current events
Boeing announced sweeping cost cuts including a hiring freeze and a pause on nonessential staff travel to preserve cash as it deals with a strike of more than 30,000 factory workers.. Boeing factory workers, mostly in the Seattle area, started walking off the job early Friday after overwhelmingly rejecting a tentative labor deal and to …
The beleaguered Starliner spacecraft, built by Boeing, successfully landed in New Mexico just after midnight Eastern time, ending a crucial test flight that proved to be a real headache for NASA. Officials at the space agency feared that Starliner’s thrusters might malfunction during its return, just as some thrusters had on its journey to the …
UPDATE: NOW CONFIRMED Fox News: “NASA astronaut reports ‘strange noises’ coming from Starliner” Watch the latest video at foxnews.com A NASA astronaut at the International Space Station (ISS) on Saturday reported hearing a “strange noise” coming from the Boeing Starliner spacecraft just days before it is set to leave the station and return to Earth …
#BREAKING – #Boeing 757 tire explosion kills two, injures one at Delta Airlines facility in Atlanta.🚨✈️ pic.twitter.com/pCu4zPIVb6 — Global Dissident (@GlobalDiss) August 27, 2024 Two Delta employees killed and another injured during an incident at the airline’s Atlanta Technical Operations Maintenance facility on Tuesday morning. Delta TechOps is responsible for airline maintenance and repair. Sources …
In a notable transformation indicative of wider geopolitical trends, Boeing is expanding its engineering recruitment significantly in India rather than in China. This adjustment arises as the United States aims to lessen its dependence on Chinese expertise in light of escalating geopolitical apprehensions. Boeing is hiring nearly 20 times more engineers in India than in …
https://arstechnica.com/space/2024/08/a-new-report-finds-boeings-rockets-are-built-with-an-unqualified-work-force/ BA could potentially loose contracts with NASA, I would keep close eye on this and potentially buy puts. “NASA declines to penalize Boeing for the deficiencies…. According to Safety and Mission Assurance officials at NASA and DCMA officials at Michoud, Boeing’s quality control issues are largely caused by its workforce having insufficient aerospace …
NASA is working on backup plans to return two astronauts who flew to the International Space Station on the new Boeing Starliner spacecraft, amid concerns over the vehicle’s flight readiness. The trip was supposed to last just eight days — now it could go on as long as eight months, after NASA acknowledged serious problems …
Test pilots Butch Wilmore and Suni Williams were supposed to visit the orbiting lab for about a week and return in mid-June, but thruster failures and helium leaks on Boeing‘s new Starliner capsule prompted Nasa and Boeing to keep them up longer. Nasa’s commercial crew program manager Steve Stich said mission managers were not ready …
A mechanic has been sucked into a Boeing passenger jet’s engine and killed at Chabahar Konarak airport in southern Iran after he went to retrieve a tool near the aircraft. Local mechanic Abolfazl Amiri was doing routine maintenance work on Iranian domestic airline Varesh Airline’s Boeing 737-500 when he was sucked into the engine. According …
Boeing will plead guilty to a criminal fraud charge stemming from two crashes of 737 Max jetliners that killed 346 people after the government determined the company violated an agreement that had protected it from prosecution for more than three years, the Justice Department said Sunday night. Federal prosecutors gave Boeing the choice last week …
The U.S. Department of Justice (DOJ) is preparing to criminally charge Boeing for violating the terms of a prior agreement. This agreement allowed Boeing to avoid prosecution for two fatal plane crashes involving the 737 MAX in 2018 and 2019. The charges stem from the use of faulty flight control software in the MAX, which was implicated in the crashes that claimed …
“As if Boeing didn’t already have enough problems, today the Department of Justice announced that they are criminally charging the company with fraud over Boeing’s response to the crashes of two of their 737 MAX jets in 2018 and 2019. What the DoJ is doing is offering the company a plea deal so they can …
Shares of Airbus fell Tuesday after the company said it was cutting its financial targets for 2024. Airbus said it was now expecting lower earnings before interest and taxes and fewer commercial aircraft to be delivered this year. The company cited supply chain issues and additional costs in its space systems division as reasons for …
US prosecutors have recommended that the Department of Justice (DoJ) brings criminal charges against Boeing. It follows a claim by the DoJ that the plane maker had violated a settlement related to two fatal crashes involving its 737 Max aircraft which killed 346 people. Boeing declined to comment when contacted by the BBC but previously …
A Boeing 737 aircraft suddenly plummeted to less than 500 feet of the ground over Oklahoma, terrifying residents who feared the jet was going to crash. Southwest Airlines Flight 4069 was still nine miles away from Will Rogers World Airport just after midnight on Wednesday, when records show it dived to between 400 and 500 …
Boeing received orders for only four new planes in May — and for the second straight month, none for its best-selling 737 Max, as fallout continues from the blowout of a side panel on a Max during a flight in January. The results released Tuesday compared unfavorably with Europe’s Airbus, which reported orders for 27 …
WATCH: Boeing 777 trails flames on take-off before engine issue forces emergency landing in Canada pic.twitter.com/95HBoFojZU — Insider Paper (@TheInsiderPaper) June 7, 2024
Boeing deliveries won’t increase in second quarter, CFO says Shares fall 7.6% on news of negative 2024 cash flow Deal with Spirit Aero in Q2 still possible, CFO says May 23 (Reuters) – Boeing (BA.N), opens new tab will burn rather than generate cash in 2024 and deliveries will not increase in the second quarter, the company’s …
Yet another fleet of Boeing airplanes was found to have a potentially disastrous flaw — one that could set the entire aircraft ablaze. The aircraft manufacturer discovered that its 777 liners have poor electrical insulation near its fuel tank, according to a proposed rule the Federal Aviation Administration posted in March. “This condition, if not …
pic.twitter.com/Rcc15ht0nZ — Bilbo Baggins (@Jbanklestankle1) May 16, 2024
🚨✈️Another Day another Boeing Disaster – this time in Senegal as the plane skids off the runway injuring multiple persons. Boeing are effective at killing off whistle blowers but not operating safe planes, it would appear. pic.twitter.com/ijCISJ57Ok — Concerned Citizen (@BGatesIsaPyscho) May 9, 2024 Another one. A Boeing 737-300 aircraft suffered a significant accident during …
BREAKING: Boeing 737 crashes during take-off in Senegal, 11 people injured https://t.co/TQlQHzJ3a0 — Insider Paper (@TheInsiderPaper) May 9, 2024 A Boeing 737 jet carrying 78 passengers skidded off the runway in Senegal after its wing burst into flames. The Air Senegal plane bound for the Malian capital of Bamako skidded onto the grass at Dakar’s …
A Boeing 767 cargo plane has crashed upon landing in Turkey this morning after its landing gear failed when it came in to land. The flight, operated by American postal service FedEx, took off from Paris’ Charles de Gaulle airport early this morning and was headed for Istanbul when the pilot realised the landing gear …
Ten new whistleblowers come forward against Boeing, where Hillary Clinton’s cousin serves as director, despite previous whistleblowers’ mysterious deaths. https://twitter.com/amuse/status/1787529797771419958
A former Boeing employee who called out the aircraft manufacturer for safety issues has died, less than three months after the suicide of another whistleblower. Joshua Dean, 45, died after a brief illness of the flu, pneumonia and MRSA. He had worked as an auditor for a company that supplied Boeing with parts for the …
“Jake Bissell-Linsk a New York based attorney whose firm (Labaton Keller Sucharow) filed a lawsuit against Boeing in an Alexandria, Va. federal court following the Alaska Airlines door blowout in January. He saw the emergency evacuation slide Sunday around noon ,when he looked out the window of his oceanfront home in Belle Harbor, Queens.” The …
The Federal Aviation Administration is investigating the manufacturer after Sam Salehpour, a Boeing engineer of more than 10 years, spoke out. https://www.nytimes.com/2024/04/09/us/politics/boeing-787-dreamliner-whistle-blower.html Salehpour said that “the problems stemmed from changes in how the enormous sections were fitted and fastened together in the assembly line.” He added that the components of the fuselage all come from …
The U.S. Federal Aviation Administration (FAA) is investigating a Boeing whistleblower's claims that the company dismissed safety and quality concerns in the production of the planemaker's 787 and 777 jet. Read more: https://t.co/6JOFWmU0m3 — unusual_whales (@unusual_whales) April 10, 2024
