November 5, 2021
SEATTLE/WASHINGTON — Boeing Co investors have reached an agreement with current and former company officers to settle a lawsuit over the safety oversight of the 737 MAX, two people familiar with the matter said on Thursday. The proposed settlement agreement …
June 22, 2021
WASHINGTON — A $500 million U.S. victim compensation fund for the relatives of 346 people killed in two fatal Boeing 737 MAX crashes opened Monday, the claim administrators told Reuters. The fund is part of a settlement with the Justice …
January 11, 2021
Boeing Co. escaped heavy punishment in a U.S. criminal investigation into two deadly crashes of the 737 Max, according to an array of the company’s closest observers on Wall Street and in Washington, D.C. The $243.3 million fine in a …
January 8, 2021
WASHINGTON/SEATTLE/CHICAGO — Boeing Co will pay more than $2.5 billion in fines and compensation after reaching a settlement with the U.S. Department of Justice over two plane crashes that killed a total of 346 people and led to the grounding …
January 5, 2021
Boeing Co. faces a new cash drain from structural flaws on its marquee 787 Dreamliner jets, potentially slowing the company’s recovery from the coronavirus pandemic and the grounding of the 737 Max, said a Bernstein analyst. The Dreamliner’s woes will …
December 29, 2020
WASHINGTON/CHICAGO — Boeing’s 737 MAX resumed passenger flights in the United States for the first time on Tuesday after a 20-month safety ban was lifted last month. American Airlines Flight 718 departed Miami around 10:40 a.m., bound for New York’s …
December 22, 2020
WASHINGTON — U.S. lawmakers are expected to vote Monday to approve landmark reforms on how the government certifies new airplanes are safe in the wake of two fatal Boeing 737 MAX crashes, according to a summary made public Monday. The …
December 17, 2020
SEATTLE — Boeing Co is hiring up to 160 pilots to be embedded at airlines in its latest bid to ensure its 737 MAX has a smooth comeback after a 20-month safety ban, according to a recruitment document seen by …
November 24, 2020
MOSES LAKE, Wash. — The future of Boeing Co’s freshly approved 737 MAX is in the hands of nearly 700 workers toiling behind the gray doors of a three-bay hangar at a desert airport in Washington state. Inside, over an …
November 24, 2020
Alaska Air Group Inc said on Monday it would lease 13 new Boeing 737 MAX 9 planes from aircraft lessor Air Lease Corp, handing its traditional jet supplier a boost less than a week after Boeing won U.S. approval to …