Boeing executive says tough to see air cargo growth this year due to virus

FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo SINGAPORE (Reuters) – The air cargo market is unlikely to grow this year because of the challenges posed in the China market due Continue Reading

Indonesia report on 737 MAX crash faults Boeing design, says Lion Air made mistakes

JAKARTA (Reuters) – Boeing (BA.N), acting without adequate oversight from U.S. regulators, failed to grasp risks in the design of cockpit software on its 737 MAX airliner, sowing the seeds for a Lion Air crash that also involved errors by airline workers and crew, Indonesian investigators found. FILE PHOTO: Lion Continue Reading

Boeing abandons 2019 outlook after 737 MAX groundings

FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson/File Photo (Reuters) – Boeing Co missed sharply-lowered Wall Street estimates for revenue and cashflow in the first quarter and suspended its 2019 outlook, Continue Reading

Europeans join wave of Boeing suspensions, Trump frets

ADDIS ABABA/PARIS (Reuters) – Major European nations Britain, Germany and France joined a wave of suspensions of Boeing 737 MAX aircraft on Tuesday as U.S. President Donald Trump fretted over modern airplane design following a crash in Ethiopia that killed 157 people. Suspension by respected European regulators was the worst Continue Reading