Boeing Co on Wednesday swung to its first annual loss since 1997 as 737 MAX costs approach $19 billion and indicated it would again cut production of its bigger 787 Dreamliner aircraft, currently its main source of cash.
Malaysia Airlines said on Wednesday it had suspended deliveries of 25 Boeing Co 737 MAX jets, citing the plane's delayed return to service since it was grounded last year following two fatal crashes.
Boeing Co ousted Chief Executive Dennis Muilenburg as the world's biggest planemaker sought to control an escalating crisis that has seen it halt production of its best-selling 737 MAX jetliner
Boeing Co is expected to continue burning cash despite pausing production of its 737 MAX jet, as it will leave its workforce intact and likely provide support to suppliers, analysts said.
Boeing Co is making progress toward getting its 737 MAX aircraft in the air again but the US Federal Aviation Administration (FAA) will need at least several more weeks for review, FAA Administrator Steve Dickson said ...
Lawyers representing families of passengers killed in a Boeing 737 MAX crash in Ethiopia in March are set to issue subpoenas to Southwest Airlines and American Airlines, according to documents seen by Reuters.
Boeing Co's best-selling jet, the 737 MAX, was grounded globally in March, days after the crash of an Ethiopian Airlines flight that followed a similar Lion Air disaster in Indonesia
A group of US senators on Wednesday questioned the Federal Aviation Administration oversight of Boeing Co's 737 MAX as the agency defended the longstanding practice of deferring much of the process
Boeing Co said on Wednesday it will dedicate half of a $100 million fund it created to address two deadly crashes of its 737 MAX planes
Boeing Co on Wednesday said it would give $100 million to organizations to help families affected by the deadly crashes of the company's 737 MAX planes in Indonesia and Ethiopia.
Chesley "Sully" Sullenberger told a congressional panel on Wednesday that pilots of the now-grounded 737 MAX should get new simulator training before the plane returns to service.
US aircraft giant Boeing got a welcome vote of confidence in its beleaguered 737 MAX plane on Tuesday when International Airlines Group, owner of British Airways, said it wanted to by 200 of the planes.