Boeing's safest bet has become the biggest test for its CEO following the crash of Ethiopian Airlines Flight 302
The global grounding of Boeing Co.’s most popular model is likely to generate a host of business challenges for the aerospace giant, which is already wrestling with the reputational fallout from the crash Sunday of one of its planes and a swift reaction outside the U.S.
Boeing’s race with rival Airbus SE to meet surging international demand for air travel helped make Boeing the top U.S. exporter by sales and the most valuable component of the Dow Jones Industrial Index. Boeing has more than 100,000 employees around the world...The FAA is grounding the entire Boeing 737 MAX fleet, a day after the agency said the planes were safe to fly. The U.S. ban comes as more nations suspended flights of the jets following the fatal Ethiopian Airlines crash.
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Boeing Tries to Limit the FalloutThe global grounding of Boeing’s most popular model is likely to generate a host of business challenges for the aerospace giant, which is already wrestling with the reputational fallout from the crash Sunday of one of its planes and a swift reaction outside the U.S.
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Boeing Crash Fallout: What Grounded Planes Mean for Air TravelAviation regulators in Europe and other regions began grounding the Boeing 737 MAX jet, marking an unusual departure from the FAA's guidance following the fatal Ethiopian Airlines crash Sunday involving the plane. The cause of the crash remains unknown. WSJ’s Robert Wall explains the significance for the company and air travel. Photo: Getty
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Dow rises 100 points, Boeing tries to recover some of this week's steep lossesStocks headed for their third straight day of gains on Wednesday as Boeing tried to regain some of the sharp losses from this week while investors digested the release of solid economic data.
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U.S. says Boeing 737 MAX 8 airworthy but says Boeing will make design changesThe United States told international carriers on Monday that the Boeing 737 MAX ...
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Airlines keep calm and carry on after Boeing jet groundingsGroundings of brand-new Boeing 737 MAX 8 jets have sent shockwaves through globa...
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Airlines turn to other jets to weather Boeing 737 MAX stormGroundings of brand-new Boeing 737 MAX 8 jets have sent shockwaves through globa...
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Southwest says it remains 'confident' in its fleet of Boeing planes after Ethiopia crashSouthwest Airlines Co. expressed confidence in its Boeing Co. aircraft and said has no plans to change operations in the wake of a deadly crash involving a 737 Max 8 aircraft in Ethiopia. But shares of the airline fell over 3% in premarket trading, alongside a nearly 9% drop in Boeing shares. "As Southwest operates a fleet of 34 Boeing 737 MAX 8 aircraft, we have been in contact with Boeing and will continue to stay close to the investigation as it progresses," said a spokesman for the company. Ethiopian Airlines Flight 302 crashed shortly after takeoff from the capitol of Addis Ababa, killing all 157 people on board. It's the second deadly accident involving Boeing's popular 737 Max 8 in six months, with the last occurring in October when an Indonesia Lion Air jet crashed into the sea, killing all 189 on board. China's civilian aviation authority has ordered all airlines to ground those Max 8 planes, while Ethiopian Airlines has grounded its entire fleet of those planes. "We don't have any changes planned to our operational policies or procedures," said the Southwest spokesman. Losses for Boeing drove a 170-point drop in Dow futures.
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