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KUALA LUMPUR: The FBM KLCI ended on the 1,600-point psychological level going into the lunch break as investors remained cautious over ongoing headwinds.
NEW YORK: Oil prices jumped about 6% on Wednesday after a ship ran aground in the Suez Canal, and worries that the incident could tie up crude shipments gave prices a boost after a slide over the last week.
SEATTLE: Boeing Co has named veteran engineer Ed Clark to be the head of its 737 MAX jetliner program, according to internal memo sent to employees on Friday.
American Airlines Co said on Friday that a Boeing 737 MAX bound for New Jersey's Newark Liberty International Airport declared an emergency after the captain shut down one engine over a possible mechanical issue.
PARIS: Boeing Co has raised concerns over the design of arch-rival Airbus' newest narrow-body jet, the A321XLR, saying a novel type of fuel tank could pose fire risks
WASHINGTON: Boeing Co agreed Thursday to pay US$6.6 million in penalties to the Federal Aviation Administration (FAA) after U.S. regulators said it failed to comply with a 2015 safety agreement and cited other safety concerns.
AIRCRAFT manufacturers Airbus and Boeing are bracing for hefty jet order cancellations from troubled Norwegian Air amid restructuring proceedings, industry sources said.
IT’S never helpful for the aviation community when fiery debris falls from the sky onto a large US city. But some perspective is warranted on this weekend’s incident involving a United Airlines Holdings Inc-operated Boeing Co 777 jet.
PARIS: European planemaker Airbus restored key business targets after generating cash in the fourth quarter, but withheld a dividend as it posted a pandemic-driven loss for 2020 amid the industry's "most challenging crisis".
CHICAGO: Boeing Co signaled it’s at risk of losing more than a third of its 777X order haul because the latest delay to the behemoth jet’s debut -- now slated for late 2023 -- gives some customers the right to walk away from sales contracts.