WASHINGTON, April 17- Boeing Co is making "steady progress" on the path to certifying a software update to the 737 MAX and has made the final test flight before certification, its chief executive said on Thursday. "We are making steady progress toward certification," Boeing CEO Dennis Muilenburg said in a video on his Twitter account. Boeing is updating the software...
More than 300 Boeing 737 MAX jets have been grounded worldwide after nearly 350 people died in two crashes, one in Indonesia in October and another in Ethiopia last month. Although shares bounced higher on the FAA news, investors were advised by the proxy firm Institutional Shareholder Services to press the company to vote for a shareholder proposal to split...
ADDIS ABABA, April 14- Ivanka Trump began a four-day tour of Africa on Sunday to promote a $50 million United States initiative aimed at encouraging women's employment in developing countries. "Fundamentally we believe that investing in women is a smart development policy and it is a smart business," White House adviser Trump said after drinking coffee and...
Industrials have outperformed the broader market this year, thanks in part to optimism that the United States may soon have a trade deal with China, as well as expectations the Federal Reserve will not raise interest rates again any time soon. While industrial stocks and the rest of the market have risen on hopes that a China trade deal is near, executives have...
More than 300 Boeing 737 MAXs have been grounded worldwide after a total of 346 people died in a Lion Air crash in Indonesia in October and in an Ethiopian Airlines crash outside Addis Ababa last month. American said in a statement it was "confident in the direction the FAA is heading" and would continue to work collaboratively in this process.
Acting FAA Administrator Dan Elwell told participants "he wanted to know what operators and pilots of the 737 MAX think as the agency evaluates what needs to be done before the FAA makes a decision to return the aircraft to service," the agency said in a statement. At the meeting with American Airlines, United Airlines and Southwest Airlines Co, the FAA discussed...
Industrials have outperformed the broader market this year, thanks in part to optimism that the United States may soon have a trade deal with China, as well as expectations the Federal Reserve will not raise interest rates again any time soon. While industrial stocks and the rest of the market have risen on hopes that a China trade deal is near, excecutives have...
At the meeting with American Airlines, United Airlines and Southwest Airlines Co, the FAA discussed the preliminary reports from both crashes and Boeing's proposals for a software upgrade and new pilot training, said Dennis Tajer, spokesman for the Allied Pilots Association which represents American's pilots. American Airlines said in a statement it was "...
The meeting, to be held on Friday at FAA headquarters in Washington, is set for three hours and will include safety representatives from American Airlines, United Airlines and Southwest Airlines Co as well as officials from the three labor unions. The FAA is also convening a joint review with aviation regulators from China, Europe, Canada, Brazil, Indonesia,...
The meeting with safety representatives from the airlines and unions is set for three hours at FAA headquarters in Washington and will include American Airlines, United Airlines and Southwest Airlines Co and officials from the three unions. The FAA is also convening a joint review with aviation regulators from China, Europe, Canada, Brazil, Indonesia,...
*China was first to ground 737 MAXs after Ethiopian Airlines crash. BEIJING/ WASHINGTON, April 9- China, the European Aviation Safety Agency, Ethiopia, Indonesia and at least five other major regulators are expected to join the U.S. Federal Aviation Administration's review panel on the Boeing 737 MAX, officials said on Tuesday. China confirmed on Tuesday it would...
*Engines left at full take-off power throughout flight, data show. *Sensor possibly damaged shortly after take-off- experts. PARIS/ SEATTLE/ SINGAPORE, April 7- Minutes after take-off, the pilots of an Ethiopian Airlines 737 MAX were caught in a bad situation.
CHICAGO/ SEATTLE, April 5- Boeing Co said on Friday it plans to cut its monthly 737 aircraft production by nearly 20 percent in the wake of two deadly crashes, signaling it does not expect aviation authorities to allow the plane back in the air anytime soon. Deliveries of Boeing's best-selling aircraft were frozen after a global grounding of the narrowbody model...
CHICAGO/ SEATTLE, April 5- Boeing Co plans to cut its monthly 737 aircraft production by nearly 20 percent as it works to manage the grounding of its MAX aircraft in the wake of two deadly crashes, Chief Executive Officer Dennis Muilenburg said on Friday. Deliveries of Boeing's best-selling aircraft were frozen after a global grounding of the narrowbody model...
JAKARTA, April 5- Indonesia will send two investigators to Ethiopia to assist in a probe and exchange data on two fatal crashes of Boeing 737 MAX jets since October, the head of the country's air safety agency told Reuters on Friday. Boeing's top-selling airplane has been grounded worldwide since a March 10 disaster in Ethiopia killed 157 people, five months...
*Parallels with Indonesia crash five months ago. ADDIS ABABA, April 4- Ethiopian Airlines' doomed 737 MAX jet hit excessive speed and was forced downwards by a wrongly-triggered automation system as pilots wrestled to regain control, a preliminary report into the crash that has shaken the aviation world showed on Thursday. The March 10 disaster, and parallels...
*Parallels with Indonesia crash five months ago. ADDIS ABABA, April 4- Ethiopian Airlines' doomed 737 MAX jet hit excessive speed and was forced downwards by a wrongly-triggered automation system as pilots wrestled to regain control, a preliminary report into the crash that has shaken the aviation world showed on Thursday. The March 10 disaster, and parallels...
SINGAPORE, April 4- Ethiopia's insistence that its pilots followed procedures when their Boeing Co 737 MAX nosedived before a deadly crash, and Boeing's recent declaration that a new software fix makes a "safe plane safer," have set the stage for a lengthy fight over the roles of technology and crew in recent 737 MAX crashes. After a deadly Lion Air crash in October,...
The first substantial account of the last minutes of Ethiopian Airlines flight 302 from Addis Ababa to Nairobi on March 10 described how the captain three times called out: "Pull up" and was acknowledged by the first officer, but to no avail. Boeing's top-selling aircraft, the 787 MAX, has been grounded worldwide since the March 10 disaster, which killed 157 people...
CHICAGO, April 4- The family of an American woman killed in the crash of an Ethiopian Airlines 737 MAX filed a lawsuit on Thursday against the airline, Boeing Co and Rosemount Aerospace Inc, which makes a part of the aircraft that is the focus of investigators. The complaint was filed in U.S. federal court in Chicago by the parents of Samya Stumo, who lawyers said was on...
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