Boeing

Boeing Faces Suit Accusing Board of Lax Oversight Amidst 737 Max Affair

Boeing Faces Suit Accusing Board of Lax Oversight Amidst 737 Max Affair

Boeing’s board of directors stands accused of improper oversight of the two fatal 737 Max crashes that resulted in the grounding of that aircraft.
A shareholders’ lawsuit accuses former CEO Dennis Muilenberg of misleading both the board and investors, and accuses the board of skipping meetings on the subject of safety. The suit argues that board members were more concerned about the negative headlines surrounding the two hull losses than getting …

Delta to Retire Boeing 717 and 767-300 Fleets Earlier Than Expected

Delta to Retire Boeing 717 and 767-300 Fleets Earlier Than Expected

Delta Air Lines said in a regulatory filing that it will retire its Boeing 717 and 767-300ER fleets earlier than it had originally expected to amidst the coronavirus pandemic-induced downturn in travel.
The Atlanta-based carrier also plans to retire its Bombardier CRJ200 earlier than planned
The airline, which has 54 767-300ERs and 91 717-200s as well as said the move was part of its fleet simplification strategy.
“Delta has decided to retire the …

Boeing Appoints New Chief Strategy Officer, Names First Chief Sustainability Officer

Boeing Appoints New Chief Strategy Officer, Names First Chief Sustainability Officer

Boeing announced the appointment of B. Marc Allen to the position of chief strategy officer as well as Chris Raymond to the position of chief sustainability officer.
Mr. Allen is a long-time executive at the company and joined the Executive Council in 2014.  He recently served as as president of Boeing International and president of Embraer Partnership and Group Operations.
In his new position, Mr. Allen will be responsible for enterprise strategy …

Boeing Grounds Some Dreamliners After Manufacturing Defect is Found

Boeing Grounds Some Dreamliners After Manufacturing Defect is Found

Boeing said it has grounded eight of its high-tech 787 Dreamliners after finding a manufacturing issue.  The wide-body airliner is one of the company’s most successful products, despite a highly publicized grounding of the fleet over a battery issue in 2013.
The eight planes will be inspected and repaired. The issue relates to how parts of the fuselage were joined together, the company said in a statement.
“Boeing has identified two distinct …

Great Moments in Travel History – August 2020

August, a holiday month for a good part of the world, is the eighth month of the year in both the Juliana and Gregorian calendars. It is named after Augustus, a Roman statesman who was the first emperor of the Roman Empire. The month was originally named Sextilis because it was the sixth month of the ten-month Roman calendar. The current name was chosen by Augustus because several of his …

Iconic 747 on Final Approach as Boeing Winds Down Production

Boeing’s announcement that it would wind down production of the fabled 747 jumbo jet hardly came as a shock, yet the news nonetheless gave many frequent travelers and aviation enthusiasts pause.
While we think nothing of the 747’s size today, it was revolutionary when introduced. The first model, the 747-100, was the world’s first wide-body airliner. Until then, airplanes only had a single aisle with seats on either side. The 747-100 …

Boeing to Cut 777/787 Production Amidst Plunge in Sales

Boeing to Cut 777/787 Production Amidst Plunge in Sales

Boeing said it plans to cut production on its flagship 787 Dreamliner and 777 wide-body aircraft amidst a 25% drop in sales in the second quarter due to plummeting sales amidst a plunge in traffic due to the coronavirus pandemic.
The Chicago-based company reported a loss of $2.40 million with sales of $11.81 billion, compared to $15.75 billion in the same period in 2019.  Boeing had posted a loss of $2.94 …