Boeing to Take $4.9 Billion Charge Over Grounded 737 Max Jet
Boeing is booking a $4.9 billion charge to cover possible compensation to airlines that have canceled thousands of flights since the 737 Max jet was grounded after two deadly accidents, the aircraft manufacturer said July 18.
July 19, 2019Boeing 737 Max Groundings to Affect 2020 Results, Ryanair Says
The extended grounding of Boeing Co.’s 737 Max plane forced Ryanair Holdings to scale back growth plans for next summer, putting the airline industry on notice that the crisis is starting to affect longer-term plans.
July 16, 2019Boeing Wins Big Freighter Jet Order as FedEx Bets On Continued Air Cargo Recovery
Reaping the benefit of a worldwide recovery in air cargo, even amid fears of a global trade war, Boeing on June 20 announced a big order from air package-delivery specialist FedEx Express.
June 20, 2018Boeing Plans Further Production Cuts for 747-8 Cargo Plane
The Boeing Co. announced it would lower production of its 747-8 cargo plane further, beginning in September, to match supply to expected near-term demand in a slowing air cargo market.
January 25, 2016