Business > Industry

Boeing Chief Acknowledges ‘Mistake' Over 737 Max Warning Light

1 month ago   |   By NY Times

The executive, Dennis Muilenburg, made the statement on the eve of the Paris Air Show, one of the industry's most important sales events.
Read more ...

 

CEO: Boeing made mistake in handling warning-system problem

1 month ago   |   By WGN TV

PARIS - The chief executive of Boeing said the company made a “mistake” in handling a problematic cockpit warning system in its 737 Max jets before two crashes killed 346 people and he promised transparency as the aircraft maker works to get the grounded plane back in flight.
Boeing CEO Dennis Muilenburg told reporters in Paris before the industry-wide air show that Boeing's communication with regulators, customers and the public “was not consistent. And that's unacceptable.”
The U.S. Federal Aviation Administration has faulted Boeing for not telling regulators for more than year that a...
Read more ...

 

Boeing CEO admits 'mistake' with 737 Max ahead of Paris Air Show, as analysts note 'ominous dark cloud' hanging over the entire industry

Boeing CEO admits 'mistake' with 737 Max ahead of Paris Air Show, as analysts note 'ominous dark cloud' hanging over the entire industry

1 month ago   |   By Business Insider

Boeing CEO Dennis Muilenberg admitted his firm made mistakes that were "not acceptable" in handling a safety feature that's been implicated in two deadly crashes of the company's signature 737 Max aircraft.
Ahead of the aircraft industry's premier event, Boeing is promising more transparency as it works to get its best-selling plane back up in the air.
But Boeing's problems may be dwarfed by a broader economic storm that many analysts believe is threatening a slowdown in the $150 billion commercial aircraft industry.
Amid safety concerns and trade tensions, analysts say aircraft sales...
Read more ...

 


Search by Tags

   Industry      Boeing 737 Max Groundings and Safety Concerns      Boeing Company      Airlines and Airplanes      Muilenburg      Dennis A      Paris Air Show      U.S.      News  


Macy's says it will pull 'mom jeans' plates from stores after furious...

Macy's says it will pull 'mom jeans' plates from stores after furious customers accuse them of 'fat shaming'

Macy's said it will pull a set of plates from its stores after a consumer complained about them on Twitter. The plates, which have painted circles outlining the words skinny... Read more ...

Apple is reportedly in talks to buy Intel's smartphone-modem chip business...

Apple is reportedly in talks to buy Intel's smartphone-modem chip business for $1 billion

Apple is in talks to buy Intel's smartphone-modem business in a deal valued at $1 billion, according to the Wall Street Journal. The two companies had reported discussed a deal... Read more ...

Trump said India asked him to help mediate the Kashmir conflict with...

Trump said India asked him to help mediate the Kashmir conflict with Pakistan. India quickly said that's not true

The Indian government on Monday rejected President Donald Trump's claim that Prime Minister Narenda Modi had asked the president if he would like to help mediate a historic... Read more ...

13 products that celebrate NASA and the 50th anniversary of the Apollo 11...

13 products that celebrate NASA and the 50th anniversary of the Apollo 11 moon landing

The 50th anniversary of NASA's historic Apollo 11 mission took place on July 20, 2019. The event stoked our collective imagination about the worlds that lie beyond our own... Read more ...

Trump says he could win the war in Afghanistan 'in a week,' but he doesn't...

Trump says he could win the war in Afghanistan 'in a week,' but he doesn't want to kill 10 million people

President Donald Trump said he could end the war in Afghanistan, a conflict which has been raging for nearly two decades, in a week, but it would require killing 10 million... Read more ...

This is why hundreds of thousands of Puerto Ricans are taking to the streets...

This is why hundreds of thousands of Puerto Ricans are taking to the streets demanding that their governor resign

Hundreds of thousands of people hit the streets of Puerto Rico on Monday, demanding for the resignation of Governor Ricardo Rosselló. Calls for the governor to step down first... Read more ...

Boeing's credit outlook was just cut to 'negative' by a ratings agency...

Boeing's credit outlook was just cut to 'negative' by a ratings agency, which cited the 737 Max crisis

Fitch Ratings downgraded its outlook for Boeing to "negative" from "stable" amid continued problems surrounding the still-grounded 737 Max aircraft. The ratings agency said the... Read more ...

Equifax To Pay Up To $700 Million In Data Breach Settlement

Equifax To Pay Up To $700 Million In Data Breach Settlement

The credit reporting agency will pay up to $700 million in fines and monetary relief to consumers over a massive 2017 data breach that affected more than 148 million people. Read more ...

Anna Wintour subtly shaded Melania Trump's fashion sense by lauding Michelle...

Anna Wintour subtly shaded Melania Trump's fashion sense by lauding Michelle Obama's style

Anna Wintour refused to talk about first lady Melania Trump's fashion sense during a talk on "The Economist Asks" podcast Sunday. She pivoted to talking about former first lady... Read more ...

Democrats want Robert Mueller's blockbuster congressional testimony to make...

Democrats want Robert Mueller's blockbuster congressional testimony to make the public aware of what's in his report, which most people still haven't read

The former special counsel Robert Mueller is testifying before two House committees on Wednesday about the investigation into Russian interference in the 2016 election. Mueller... Read more ...