Boeing to plead guilty to criminal fraud charge stemming from 737 Max crashes

Boeing to plead guilty to criminal fraud charge stemming from 737 Max crashes

Rescuers work at the scene of an Ethiopian Airlines flight crash near Bishoftu, or Debre Zeit, south of Addis Ababa, Ethiopia, Monday, March 11, 2019. Mulugeta Ayene | Reuters Boeing will plead guilty to a criminal fraud charge tied to the 737 Max crashes, months after a near-catastrophe in January prompted the Justice Department to … Read more

Elliott activist campaign at Southwest Airlines puzzles shareholders

Elliott activist campaign at Southwest Airlines puzzles shareholders

Travelers wait to check in at the Southwest Airlines counter at Oakland International Airport in Oakland, California, Dec. 27, 2022. David Paul Morris | Bloomberg | Getty Images After Elliott Management revealed a $1.9 billion stake in Southwest Airlines in June, an initial rally in the stock quickly fizzled. Rather than sparking typical cheer on … Read more

Delta goes pasta-only for thousands of international travelers after ‘spoiled’ food forced a flight to divert

Delta goes pasta-only for thousands of international travelers after ‘spoiled’ food forced a flight to divert

A Boeing 767 passenger aircraft of Delta Air Lines arrives from Dublin at JFK International Airport in New York as the Manhattan skyline looms in the background on Feb. 7, 2024. Charly Triballeau | Afp | Getty Images Delta Air Lines pulled some meal options from dozens of international flights on Wednesday hours after the … Read more

Southwest adopts rights plan to fend off activist Elliott Management

Southwest adopts rights plan to fend off activist Elliott Management

A Southwest Airlines jet is parked Ellison Onizuka Kona International Airport at Kehole awaiting passengers on January 20, 2024 in Kailua-Kona, Hawaii. Kevin Carter | Getty Images Southwest Airlines said Wednesday that it has adopted a shareholder rights plan, more commonly known as a “poison pill,” in response to activist Elliott Management’s investment in the … Read more

United Airlines texts travelers live radar maps to explain delays

United Airlines texts travelers live radar maps to explain delays

A United Airlines plane seen at the gate at Chicago OHare International airport (ORD)on October 5, 2020 in Chicago, Illinois. Daniel Slim | AFP | Getty Images Don’t believe bad weather is the reason your United Airlines flight is delayed? The airline will now text you live radar maps to prove it. Even when it’s … Read more

Japanese airlines issue policies on customer harrassment and abuse

Japanese airlines issue policies on customer harrassment and abuse

Japan’s two largest commercial airlines are toughening their stances against travelers who verbally or physically abuse airline staff. Japan Airlines and All Nippon Airways updated their websites Friday with “customer harassment” policies, in the wake of rising instances of front-line worker abuse occurring across industries in Japan. Using similarly worded language, the two airlines cited … Read more

Boeing agrees to buy fuselage maker Spirit AeroSystems in $4.7 billion deal

Boeing agrees to buy fuselage maker Spirit AeroSystems in .7 billion deal

Boeing Co. 737 fuselage sections sit on the assembly floor at Spirit AeroSystems in Wichita, Kansas. Daniel Acker | Bloomberg | Getty Images Boeing said Monday that it will buy back Spirit AeroSystems in an all-stock deal that the planemaker has said will improve safety and quality as it struggles with its latest manufacturing crises. … Read more

U.S. plans to seek guilty plea from Boeing over fatal 737 Max crashes

U.S. plans to seek guilty plea from Boeing over fatal 737 Max crashes

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 U.S. prosecutors plan to seek a … Read more

Record summer air travel is starting, and flight hassles and delays

Record summer air travel is starting, and flight hassles and delays

Travelers walk with their luggage outside the international terminal at Los Angeles International Airport (LAX) ahead of the July 4th holiday travel period on June 25, 2024 in Los Angeles, California.  Mario Tama | Getty Images Summer air travel is expected to soar in the United States. The Transportation Security Administration screened a high of … Read more

Micron slides, Amazon’s $2 trillion

Micron slides, Amazon’s  trillion

A trader works on the floor of the New York Stock Exchange (NYSE) during morning trading on March 4, 2024 in New York City.  Angela Weiss | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more