Boeing news
Here are some recent news stories about Boeing:
737 MAX Crisis
- Boeing's 737 MAX jet is still grounded after two fatal crashes in 2018 and 2019, killing a total of 346 people. The company is working to fix software issues and re-certify the plane with regulators. (Source: CNN)
- Boeing has agreed to pay $2.5 billion to settle a lawsuit filed by the families of the 346 people who died in the 737 MAX crashes. (Source: The New York Times)
Production and Delivery Issues
- Boeing has been struggling to meet its production targets for the 737 MAX, with deliveries down by more than 50% in 2020 compared to the previous year. (Source: Reuters)
- The company has also been facing issues with its 787 Dreamliner production line, with reports of quality control problems and delays. (Source: Bloomberg)
New Aircraft and Technology
- Boeing has been developing a new mid-size aircraft, the NMA (New Midsize Airplane), which is expected to be a competitor to the Airbus A321XLR. (Source: Aviation Week)
- The company has also been working on a new electric and hybrid-electric propulsion system, which could be used in future aircraft. (Source: The Verge)
Financial Performance
- Boeing's financial performance has been impacted by the 737 MAX crisis, with the company reporting a net loss of $11.9 billion in 2020. (Source: Boeing's annual report)
- The company has been taking steps to reduce costs and improve its financial performance, including a major restructuring effort. (Source: CNBC)
Regulatory Issues
- Boeing is facing increased scrutiny from regulators over its handling of the 737 MAX crisis, with some lawmakers calling for greater accountability and transparency. (Source: The Hill)
- The company is also facing regulatory challenges related to its production and delivery practices, with some critics calling for greater oversight. (Source: Forbes)