Several operators of the Boeing 737 MAX reached compensation agreements with Boeing this week, following the grounding of the variant in March 2019. American Airlines issued a statement expressing that a portion of that confidential agreement will be shared with the company's employees: "American Airlines shared with its team today that the company has reached a confidential agreement with Boeing on compensation for financial damages incurred in 2019 due to the grounding of the Boeing 737 MAX," a statement read.…
After closing one of the worst years in its history, Boeing Corporation is not starting this 2020 under the best auspices. According to the New York Times, citing multiple anonymous sources inside the company, more problems related to the Boeing 737 MAX have surfaced during the past few weeks and…
Turkish Airlines has reached a deal with Boeing regarding compensation for the financial impacts brought upon by the grounding of the MAX, according to Fox Business. The airline did not specify the amount of the deal, but a Turkish newspaper has reported that the deal includes $150 million USD in…
To put it plainly, this year has been one to forget for Boeing. It wasn't even nine months ago that Ethiopian Airways flight 302 from Addis Ababa, Ethiopia to Nairobi, Kenya tragically fell out of the sky, killing all 157 aboard in what has seemed to become the beginning of…
Boeing announced that, effective immediately, Dennis Muilenburg is no longer the company's CEO. In a brief statement issued Monday morning, the builder said that the Board of Directors "decided that a change in leadership was necessary to restore confidence in the Company moving forward as it works to repair relationships…
After several rumors suggesting further interventions on the 737 MAX production line were imminent, with a press release on Monday, Boeing announced that production of 737 MAX aircraft will be temporarily suspended for an unspecified period of time. The measure comes after the aircraft type was grounded worldwide last March…
Boeing has unveiled the latest model of the 737 MAX series aircraft to its employees at an event in Renton, Wash. The Boeing 737 MAX 10 is the newest and largest variant of the 737 MAX aircraft, with the ability to hold up to 230 passengers in a single cabin…
Boeing received a sign of hope for its struggling Boeing 737 MAX program as Turkey’s SunExpress has announced an order for 10 of the currently-grounded aircraft. The order was announced at the ongoing 2019 Dubai Airshow and is worth approximately $1 billion. The 10 aircraft are in addition to the…
The beleaguered Boeing 737 MAX has been grounded globally since March 13, 2019. Two of the aircraft’s largest U.S. operators believe that the grounding is going to continue to be nearly a year long. Southwest Airlines and American Airlines have announced an extension for the removal of the aircraft from…
The Indonesian National Transportation Safety Committee (NTSC) has released its final report on the crash of Lion Air flight 610. The Boeing 737 MAX operating the flight crashed shortly after takeoff from Jakarta for a one hour flight to Pangkal Pinang. The crash sparked the beginning of a crisis for…
