Boeing CEO Dave Calhoun speaks with reporters on Capitol Hill in Washington, D.C., before meeting with a group of senators on Jan. 24, 2024. Jim Watson | AFP | Getty Images Outgoing Boeing CEO Dave Calhoun’s take-home pay fell to $5 million last year after declining a bonus, compared with $7 million in 2022, and … Read more
The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a gap in the fuselage, is seen during its investigation by the National Transportation Safety Board (NTSB) in Portland, Oregon, U.S. January 7, 2024. NTSB | Via Reuters Boeing paid Alaska Airlines $160 million … Read more
Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. JanValls | Nurphoto | Getty Images United Airlines is asking pilots to take unpaid time off next month, citing late-arriving aircraft from Boeing, according to a note sent to pilots. It’s another example of how Boeing’s customers … Read more
A Boeing 737 Max aircraft during a display at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. Peter Cziborra | Reuters Boeing needs to be led by engineers if it wants to pull itself out of its current crisis, Tim Clark, the president of Emirates Airline, said in comments Wednesday. The American aerospace … Read more
An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Lindsey Wasson | Reuters Help wanted at Boeing. CEO Dave Calhoun on Monday announced he is stepping down from the aerospace giant’s top post at year’s end as the company struggles with … Read more
Boeing CEO Dave Calhoun speaks to reporters as he departs from a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC. Anna Moneymaker | Getty Images Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shakeup for … Read more
French plane maker Airbus is “not happy” about the multitude of problems facing its U.S. rival Boeing, according to its chief financial officer. “We’re not happy with the issues that our competitor’s having. I think it’s not helpful for the industry, and if it’s not helpful for the industry, it’s not helpful for Airbus,” Thomas … Read more
Passengers check in for United Airlines flights at O’Hare International Airport in Chicago, Illinois, Dec. 13, 2022. Scott Olson | Getty Images Here’s a friendship test: Would you share your frequent flyer miles with your pals? United Airlines is betting customers will be open to it. The airline on Thursday started allowing members of its … Read more
The IM-1 lander “Odysseus” in lunar orbit on Feb. 21, 2024. Intuitive Machines Intuitive Machines is building on the successes of its inaugural moon mission, reporting fourth-quarter results on Thursday and saying it now has “sufficient capital for the near term.” The lunar company revealed that its cash balance at the end of the year … Read more
A JetBlue Airways plane prepares to take off from the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on Jan. 31, 2024. Joe Raedle | Getty Images JetBlue Airways told staff on Tuesday that it is culling a host of routes, making it the carrier’s latest move to cut costs in the wake of a … Read more
