Boeing

Former Airline Executive slams FAA, Boeing over response to 737 Max crashes

CEO Dennis Muilenburg also serves as chairman of Boeing's board of directors.

At issue is an alert that tells pilots if a sensor — called an "angle of attack" (AOA) indicator — is transmitting bad data about the pitch of a plane's nose.

“In very specific cases” prices may go up, one travel expert warns.

The Dallas-based carrier canceled more than 10,000 flights in the quarter.

The Chicago-based manufacturer earnings were bolstered by higher defense sales and service revenue.

A top shareholder adviser recommended Boeing investors support a new, independent board chair.

The airline, which flies 24 of the Max jet, said 115 flights will be canceled, which represents 1.5 percent of American’s daily flights this summer.

The largest U.S. carrier is considering training beyond what the FAA currently requires.

"No product has suffered like this one," Trump tweeted.

The Chicago-based manufacturer received 95 orders in the first quarter, down from 180 a year ago.

The carrier now expects revenue to increase as much as 1 percent in the first quarter of 2019.

A Senate panel previously said it would investigate the claims of inadequate training.

The company expects a software patch in the coming weeks.

Boeing is working on an update to fix the autopilot system that led to the crash.

The FAA was allegedly informed of the deficiency in August 2018.

The Atlanta-based carrier does not fly Boeing's beleaguered 737 Max jet.

The timeline could weigh on Boeing's earnings and complicate flight schedules for global carriers.

For too long the U.S. accepted China’s shenanigans and had a lackadaisical attitude about threats it poses to America’s technological leadership, national security and individuals’ personal safety.

Reports have suggested that Boeing relied on its extensive advocacy efforts to accelerate the approval timeline.