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NEW YORK: Dennis Muilenburg, (file pic) the former chief executive officer of Boeing Co who stepped down during the 737 Max crisis, is close to filing for a blank-cheque company, according to people with knowledge of the matter.
BOEING Co is one step closer to relegating the 737 Max crisis to the history books.
WASHINGTON/SEATTLE/CHICAGO: Boeing Co will pay over US$2.5 billion to resolve a U.S. investigation into criminal conspiracy charges related to two deadly 737 MAX crashes that killed 346 people, the Justice Department said, but the plane maker will not be required to plead guilty.
An Air Canada Boeing Co 737-8 Max en route between Arizona and Montreal with three crew members on board suffered an engine issue that forced the crew to divert the aircraft to Tucson, Arizona, the Canadian airline company said in an emailed statement on Friday.
PARIS: Airbus SE has solicited engine ideas for a narrow-body jetliner in development, drawing a proposal for a new geared design from General Electric (GE) Co.
SYDNEY: Regulators, insurers and experts are warning airlines to take extra care when reactivating planes left in extended storage during the COVID-19 pandemic, citing potential pilot rustiness, maintenance errors and even insect nests blocking key sensors.
PARIS: Airbus has found buyers for six aircraft from the A320neo family rejected by one of its main customers, Malaysia's AirAsia, as it works off a surplus left by the coronavirus crisis, industry sources said.
RIO DE JANEIRO: Brazilian aviation regulator ANAC on Wednesday lifted the grounding of the Boeing 737 MAX, following U.S. clearance of the jets for flight, after a redesign prompted by two fatal crashes that killed 346 people
PARIS (Reuters) - Airlines are on course to lose a total US$157 billion this year and next, their main global body warned on Tuesday, further downgrading its industry outlook in response to a second wave of coronavirus infections and shutdowns afflicting major markets.
WASHINGTON/SEATTLE: After nearly two years of scrutiny, corporate upheaval and a standoff with global regulators, Boeing Co is set on Wednesday to win approval from the U.S. Federal Aviation Administration to fly its 737 MAX jet again after two fatal disasters.