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Business 18 Jul 2019 | 11:56 PM

Boeing takes US$4.9b charge for prolonged grounding of 737 MAX planes

SEATTLE: Boeing Co said on Thursday it would take an after-tax charge of US$4.9bil in the second quarter on estimated disruptions from the prolonged grounding of its lucrative 737 MAX passenger jets after two deadly crashes.

Business 24 May 2019 | 9:03 AM

China carriers say losses from Boeing 737 Max grounding to top US$500m

BEIJING: Chinese airlines seeking compensation from Boeing Co. said the grounding of its 737 Max jet is on track to result in losses of more than $500 million for the carriers.

Markets 13 Mar 2019 | 10:31 PM

Wall St. rises; Boeing up despite US grounding of 737 MAX jets

NEW YORK: U.S. stocks rose on Wednesday, led by gains in healthcare shares, and Boeing edged upward even as the United States joined other nations in grounding the company's 737 MAX jets

Business 23 Jul 2019 | 12:07 AM Premium

Boeing’s 737 MAX grounding spills over into economy, weighs on GDP

Airlines, suppliers and trade data show effects of plane maker’s crisis

Business 20 Mar 2013 | 12:00 AM

ANA wants Boeing cash, rather than discounts, for 787 grounding

TOKYO: All Nippon Airways, the biggest customer for Boeing Co's 787 Dreamliner, wants the planemaker to compensate it in cash, rather than discounts on future purchases, for losses racked up since the aircraft was grounded worldwide in mid-January, said a person familiar with ANA's intention.

Business 25 Jul 2019 | 12:00 AM

Boeing might halt 737 MAX production if grounding drags on

BOEING Co. said it might slow or halt production of its 737 MAX jetliner if regulators don’t approve its return to service by the end of this year.

Business 10 Apr 2019 | 11:31 AM

MAHB reports steady passenger traffic growth in March despite Boeing 737 MAX grounding

KUALA LUMPUR: The airport operator said three international carriers which operate the Boeing 737 MAX to the KL International Airport (KLIA) had switched to other aircraft types after the Ethiopian Air incident on March 10.

Business 06 Oct 2012 | 12:00 AM

Kingfisher extends fleet grounding

MUMBAI: Indias embattled Kingfisher Airlines Ltd will ground its fleet for another week after failing to resolve an impasse with staff over salaries that have not been paid for more than half a year.

Business 07 Mar 2004 | 12:00 AM

Good grounding at Sunday flea markets

Sunday markets are offering aspiring entrepreneurs the opportunity to test their business skills without the burden of high overheads and a huge capital, reports IVY SOON.