Boeing’s profit falls 21% on the 737 Max crisis
5 years, 8 months ago

Boeing’s profit falls 21% on the 737 Max crisis

CNN  

Gambier, Ohio CNN Business — Boeing’s earnings fell 21% in the first three months of the year because of the crisis that grounded its bestselling 737 Max jet. “We will continue to apply whatever resources are required to return the 737 Max safely into the fleet and take the time necessary to do so,” said Chief Financial Officer Greg Smith. “Across the company, we are focused on safety, returning the 737 Max to service, and earning and re-earning the trust and confidence of customers, regulators and the flying public,” Boeing CEO Dennis Muilenburg said in a statement. Muilenburg said Boeing has been working with its airline customers and especially the 737 Max pilots to ensure that they are confident that the planes will be safe.

History of this topic

Boeing is building new 737 Max planes for the first time since workers went on strike
1 month ago
EXCLUSIVE-Boeing restarts 737 MAX production a month after strike ended, sources say
1 month ago
Boeing layoffs: Aerospace giant to reduce workforce by 17,000
1 month, 4 weeks ago
Troubled Boeing signals it may raise up to $25 billion to shore up finances
2 months, 3 weeks ago
Column: Boeing’s landmark union contract seeks to reverse its horrible executive decisions since the turn of this century
4 months ago
Troubled Boeing stays close to the ground at a major UK air show
5 months, 2 weeks ago
Key events in the troubled history of the Boeing 737 Max
6 months ago
Boeing sales tumble as the company gets no orders for the 737 Max for the second straight month
6 months, 4 weeks ago
FAA won’t clear Boeing to increase 737 Max production for months
7 months, 1 week ago
United Airlines reports $124 million loss in a quarter marred by grounding of some Boeing planes
8 months, 3 weeks ago
Boeing CEO to step down in management shakeup after blowout of 737 Max door plug
9 months, 2 weeks ago
FAA gives Boeing 90 days to come up with quality-control plan
10 months, 1 week ago
Boeing ousts head of 737 jetliner program weeks after panel blowout on a flight over Oregon
10 months, 2 weeks ago
Boeing ousts the head of its 737 Max program after Alaska Airlines’ midair blowout
10 months, 3 weeks ago
Boeing CEO says company focused on safety, won't discuss financial targets
11 months, 1 week ago
Boeing cuts its 4Q loss to $30 million, but that was before one of its jets lost a panel in flight
11 months, 1 week ago
Facing scrutiny over quality control, Boeing withdraws request for safety exemption
11 months, 1 week ago
What you should know if you’re about to fly on a Boeing Max 9
11 months, 2 weeks ago
Alaska Airlines says the grounding of some Boeing planes will cost the airline $150 million
11 months, 2 weeks ago
Boeing Max 9s to return to skies less than a month after a panel blew off midflight
11 months, 2 weeks ago
The FAA lays out a path for Boeing 737 Max 9 to fly again, but new concerns surface
11 months, 2 weeks ago
'Cozy' relationship between Boeing and the U.S. draws scrutiny amid 737 Max 9 mess
11 months, 3 weeks ago
FAA announces harsh Boeing crackdown after fuselage ripped off its notorious 737 Max jet and says it believes there are 'OTHER manufacturing problems' at beleaguered aviation firm
11 months, 4 weeks ago
Boeing Back In The Hot Seat After Mid-Air Panel Blowout; Shares Fall
1 year ago
Regulators order inspections on some Boeing MAX 9 planes after emergency
1 year ago
Boeing faces new questions about the 737 Max after a plane suffers a gaping hole in its side
1 year ago
Federal Officials Order Grounding Of Some Boeing 737-9 Max Jetliners After Plane Suffers A Blowout
1 year ago
Grounding of Boeing 737s is latest blow to business for aviation giant
1 year ago
Boeing passenger jets grounded after fuselage rips open mid-flight
1 year ago
Boeing threatens to cancel Boeing 737 MAX 10 unless granted exemption from safety requirements
2 years, 6 months ago
Boeing 737 MAX mid-air emergencies revealed as US agency prepares to probe production issues
2 years, 6 months ago
Boeing earnings: Boeing’s 737 Max problems are improving, but plenty of other issues loom
3 years, 2 months ago
FAA Approves Boeing 737 MAX of Electrical Grounding Fix, Clears Way for Return in Service
3 years, 7 months ago
Boeing 737 MAX Faces New Hurdle in Electrical Grounding Issue, Further Delays FAA Certification
3 years, 8 months ago
Yet Another Trouble for Boeing 737 Max Aircrafts, Potential Electrical Issue Grounds Several Planes
3 years, 9 months ago
Boeing 737 Max Starts Receiving Fresh Orders As Countries Allow the Troubled Plane Back in the Air
3 years, 9 months ago
Boeing 737 MAX Starts Receiving Fresh Orders After FAA Approves Active Operations
3 years, 9 months ago
Airlines rapidly adding Boeing 737 Max flights to their schedules
3 years, 10 months ago
United buys 25 MORE Boeing 737 MAX planes as aircraft returns to circulation after ban
3 years, 10 months ago
The 737 Max is no longer Boeing’s biggest problem, after yet another safety grounding
3 years, 10 months ago
Boeing will pay $2.5 billion to settle charge over 737 Max
4 years ago
Boeing to pay $2.5 billion to settle US criminal probe into 737 MAX crashes
4 years ago
Boeing 737 MAX Deemed Safe to Fly by European Union Aviation Safety Agency
4 years ago
Boeing 737 Max back in air 2 years after grounded by crashes
4 years, 1 month ago
Return Of The Max: Boeing 737 Takes Off On First Commercial Flight in 20 Months
4 years, 1 month ago
Boeing Lands 1st 737 Max Order Since Troubled Plane Was Cleared To Fly Again
4 years, 1 month ago
Boeing 737 Max 8: FAA Approves Resumption of Operations After Almost 2 Years of Ban
4 years, 1 month ago
SpiceJet shares surge to 50%, Indigo up 29% in November
4 years, 1 month ago
Boeing Set to Win US Approval to Resume Flights of Grounded 737 MAX as Challenges Remain
4 years, 1 month ago
What the 737 MAX’s return to the sky will mean for passengers
4 years, 1 month ago

Discover Related