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The airports losing Southwest service are:AdvertisementSyracuse Hancock International Airport in New York. Bellingham International Airport in Washington. Southwest also said it would "significantly restructure other markets," including putting capacity reductions at Hartsfield-Jackson Atlanta International Airport and Chicago O'Hare International Airport. Related stories"To improve our financial performance, we have intensified our network-optimization efforts to address underperforming markets," Southwest CEO Bob Jordan said in the earnings report, noting the impact could go into 2025. The backlash has prompted Boeing CEO Dave Calhoun to announce his resignation from the company, effective at the end of the year.
Persons: , George Bush, Boeing's Max, Max, Bob Jordan, Jordan, Dave Calhoun, Boeing's, Larry Kellner, Stan Deal, Stephanie Pope, Sam Salehpour Organizations: Service, Boeing, Max, Southwest Airlines, Business, Southwest, Syracuse Hancock International, Bellingham International Airport, Cozumel International, George Bush Intercontinental Airport, Alaska Airlines, Hartsfield, Jackson Atlanta International Airport, Chicago O'Hare International, Ryanair, United Airlines, Boeing Commercial Locations: New York, Bellingham, Washington, Cozumel, Mexico, Houston, Southwest, Alaska
New York CNN —Boeing on Monday scrambled to address safety and quality concerns about its planes ahead of a whistleblower hearing in the Senate on Wednesday. Salehpour is set to be the key witness at a Wednesday hearing of the Senate permanent subcommittee on investigations. That has sparked investigations and allegations that some Boeing employees felt reluctant to raise questions about the safety of the planes they are building or inspecting for fear of retaliation. The average 787 does 600 flights a year, according to Chisholm, and the tests Boeing put the planes through simulated 165,000 flights. Boeing and the Federal Aviation Administration have admitted that some of the planes did have problems with the gaps between parts of the fuselages that were wider than the standards set by Boeing.
Persons: Sam Salehpour, Salehpour, , “ We’re, , Lisa Fahl, Steve Chisholm, Chisholm, we’re, Fahl Organizations: New, New York CNN, Boeing, Federal Aviation Administration, Alaska Airlines, Boeing Commercial Airplanes Locations: New York, Alaska
The air travel is part of what are known as perquisites, or perks granted the executives, which also include ground transportation, lodging and meals during personal travel. The upward adjustment means that Boeing spent at least $734,000 in 2022 and $306,000 in 2021 on these executives’ personal air travel, according to figures provided. And 2023 personal air travel costs for the four came to $872,000. That review resulted in a newly reported cost of personal travel that was $546,000 more in 2022 and 2021 than previously disclosed. Boeing did not have any comment on the costs of the executives’ personal air travel beyond the information in the filing.
Persons: Dave Calhoun, Calhoun, Brian West, Stan Deal, Theodore Colbert, Max, ousters Organizations: New, New York CNN, Boeing, Colbert, Securities and Exchange Commission, Max, Alaska Airlines, Deal, Airplanes Locations: New York, Alexandria , Virginia
New York CNN —Since its founding by William Boeing more than a century ago, the Boeing Company has had 12 CEOs. What Boeing wants in its new CEOWhen picking a new CEO, the company likely has two pools of choices. Or it can once again pick a leader like outgoing CEO Calhoun, who has a financial background and an undergraduate degree in accounting. Spirit was the only one to comment, but it did not address the possibility of Shanahan becoming Boeing CEO. Culp has an undergraduate degree in economics and an MBA from Harvard, a business background more than an engineering background.
Persons: William Boeing, Dave Calhoun, Calhoun, , , Sir Tim Clark, ” Calhoun, “ It’s, Richard Aboulafia, Pat Shanahan Pat Shanahan, Donald Trump, Shanahan, “ Mr, Joe Buccino, Larry Culp Larry Culp, Jack Welch, Culp, Aboulafia, Kathy Warden Kathy Warden, Northrop Grumman, Northrop, Warden, ” Aboulafia, Mary Barra, Greg Smith Greg Smith, Smith, Alan Mulally Aboulafia, Alan Mulally, Ford, Mulally, It’s, Ron Epstein, , Stephanie Pope, Brian West, Pope, West, Elizabeth Lund Organizations: New, New York CNN, Boeing Company, Boeing, Alaska Airlines, Emirates Airlines, CNBC, US Department of Defense, CNN, General Electric, GE Aerospace, GE, Danaher Corp, Harvard, Northrop, General Motors, Barra, American Airlines, Ford, Detroit, GM, DaimlerChrysler, Chrysler, of America, Airplanes, GE Aviation, Services, Boeing Commercial Airplanes Locations: New York, American, Calhoun
Boeing CEO Dave Calhoun is stepping down. Calhoun was appointed CEO of Boeing after the planemaker's former CEO, Dennis Muilenburg, stepped down in December 2019 following two crashes of another Max variant, the Max 8. Calhoun also said that Boeing Chair Larry Kellner wouldn't be standing for reelection, with Steve Mollenkopf elected by the board as his replacement. Calhoun added that Stan Deal, the CEO of Boeing Commercial Airplanes, was retiring and would be replaced by Stephanie Pope, effective immediately. I also want to thank Stephanie for taking on this critical role.
Persons: Dave Calhoun, Calhoun, Dennis Muilenburg, Max, Calhoun didn't, Larry Kellner wouldn't, Steve Mollenkopf, Stan Deal, Stephanie Pope, He'd, Read, Larry Kellner, Larry, Steve, Stan, Stephanie, Dave Organizations: Boeing, Alaska Airlines, Max, Federal Aviation Administration, Qualcomm, Boeing Commercial Airplanes, BCA
New York CNN —Boeing CEO Dave Calhoun said Monday he intends to leave the beleaguered company by the end of the year in a major shakeup of the company’s leadership. The company also announced that Stan Deal, CEO of Boeing Commercial Airplanes, is retiring. The problems have led to multiple groundings for safety issues and more than $31 billion in cumulative losses. But it comes in the face of widespread criticism of the company by CEOs of many of the world’s major airlines Boeing depends upon to buy its planes. Any Boeing customer shifting to Airbus could find itself waiting until 2030 or beyond to get its planes delivered.
Persons: Dave Calhoun, Larry Kellner, Steve Mollenkopf, Stan Deal, Stephanie Pope, Max, Calhoun, , Let’s, “ I’ve, Boeing won’t, Michael O’Leary, O’Leary, Scott Kirby, Ben Minicucci, Dennis Muilenburg, Muilenburg, Calhoun’s Organizations: New, New York CNN, Boeing, Qualcomm, Alaska Airlines, Max, CNBC, Alaska Air, ” Airlines, Ryanair, Europe’s, CNN, , ” United Airlines, United, Airbus, Virgin America Locations: New York, Alaska, ” United
Boeing CEO Dave Calhoun speaks to reporters as he departs from a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC. Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shakeup for the embattled aerospace giant. Chairman of the board Larry Kellner is also resigning and will leave the board at Boeing's annual meeting in May. And Stan Deal, president and CEO of Boeing Commercial Airplanes, is leaving the company effective immediately. Scrutiny intensified after a Jan. 5 accident, when a door plug blew out of a nearly new Boeing 737 Max 9, minutes into an Alaska Airlines flight.
Persons: Dave Calhoun, Sen, Mark Warner, Larry Kellner, Steve Mollenkopf, Stan Deal, Stephanie Pope, Kellner, Calhoun, Dennis Muilenburg Organizations: Capitol, Boeing, Boeing Global Services, Alaska Airlines Locations: Washington , DC
Dave Calhoun named a new chief executive of Boeing's commercial airplanes division. In his Monday announcement that he'd be stepping down as CEO of Boeing, Dave Calhoun also named Stephanie Pope as the new head of its commercial airplanes division. She replaces Stan Deal as CEO of Boeing Commercial Airplanes, which designs and builds planes such as the 777, 787 Dreamliner and the 737 family. She is deeply committed to our company, to our employees and to our shared future; and she is the perfect person to take on the leadership of our commercial airplanes business." AdvertisementShe was CEO of the global services division before becoming COO and has also held senior roles in other business units including commercial airplanes.
Persons: Dave Calhoun, Stephanie Pope, Stan Deal, She's, , Pope, Calhoun, Stephanie Organizations: BCA, Boeing, Service, Airplanes, Boeing Global Services, Alaska Airlines, Eisenhower, Southwest Missouri State University, Lindenwood University Locations: Seattle, Renton, Everett, Washington, Calhoun, Brussels, Ireland
Boeing announced that Dave Calhoun is stepping down as CEO at the end of this year. AdvertisementDave Calhoun plans to resign as Boeing's CEO at the end of this year, the company announced Monday. In December 2019, former Boeing CEO Dennis Muilenburg was fired after two crashes involving a different Max variant, the Max 8, killed 346 people in 2018 and 2019. Advertisement"As you all know, the Alaska Airlines Flight 1282 accident was a watershed moment for Boeing," Calhoun said in a memo to employees announcing the change. The CEO told CNBC that he would weigh in on who becomes the next CEO, but he said the board will ultimately make the decision.
Persons: Dave Calhoun, Calhoun, , I've, Dennis Muilenburg, Max, Stephanie Pope, Stan Deal, Larry Kellner Organizations: Boeing, Service, CNBC, Alaska Airlines, Federal Aviation Administration, Department of Justice, National Transportation Safety, Boeing Commercial Airplanes
Boeing shares rose about 0.4%. Masimo shares rose more than 3%. Tesla , Rivian : Analysts at Mizuho Securities downgraded a host of electric vehicle makers, including Tesla and Rivian, on concerns about slowing demand for battery-powered automobiles. Shares rose about 1.5%. Cleveland-Cliffs had been a "bad company," Cramer said, "but they've gotten disciplined and they've figured it out."
Persons: Jim Cramer's, Dave Calhoun, Jim Cramer, Larry Culp, Calhoun, Larry, Cramer, Tesla, They're, they're Organizations: CNBC, Club, Boeing, Airplanes, Alaska Airlines, Intel, AMD, Financial Times, Mizuho Securities, Ford, U.S . Department of Energy, U.S . Steel Locations: Alaska, China, Beijing, Germany, Cleveland, Ohio, Pennsylvania, U.S . Steel . Cleveland
Miniature models of Boeing commercial airplanes displayed at the Singapore Airshow in Singapore on February 20, 2024. SINGAPORE — Boeing touted its 737 Max aircraft as "the safest airplane" and said China's latest domestic jetliner Comac C919 is similar to offerings by Airbus and Boeing that are already in the market. However, he insisted it was "the safest airplane that can be out there today." A midflight blowout of a fuselage panel on one of Boeing's 737 Max 9 operated by Alaska Airlines earlier this year raised concerns about safety after loose bolts were found during preliminary inspections. On Wednesday, Boeing announced it will be replacing the head of its 737 Max program.
Persons: Dave Schulte, , Schulte, Max Organizations: Boeing, Singapore, SINGAPORE — Boeing, Airbus, Max, Alaska Airlines, Wednesday, U.S . Air Force Locations: Singapore, SINGAPORE, Asia, Pacific
New York CNN —Boeing removed executive Ed Clark, the head of its 737 Max passenger jet program, after a dramatic – and terrifying – midair blowout in January underscored ongoing problems with the jet. But he had previously held roles related to the 737 Max, including as chief engineer and chief 737 mechanic. It created a new executive position, Senior Vice President for BCA Quality, and named Elizabeth Lund to that position. Mike Fleming, who had previously been senior vice president of development and customer service, will assume the role Lund previously held. And Katie Ringgold, who had been vice president of 737 Max deliveries, will assume Clark’s former position overseeing the Max.
Persons: Ed Clark, Max, Dave Calhoun, , ” Clark, Elizabeth Lund, Lund, Mike Fleming, Katie Ringgold, Scott Kirby Organizations: New, New York CNN, Boeing, Max, Alaska Airlines, National Transportation Safety Board, NTSB, Boeing Commercial Airplanes, BCA Quality, – United Airlines, Delta Air Lines Locations: New York, Southwest, Alaska
In the latest manufacturing error to plague Boeing, a supplier of 737 Max aircraft components discovered misdrilled holes on the fuselages of 50 planes that were in production for the aircraft company, according to a new report from The Wall Street Journal. An employee of Spirit AeroSystems, which creates the fuselage, nacelles, and struts for various Boeing aircraft, alerted their manager to the inaccurate drill holes while the 737 Max planes were making their way through the production process, according to the report. AdvertisementRepresentatives for Boeing and Spirit AeroSystems did not immediately respond to requests for comment from Business Insider. The incident involved a Spirit AeroSystems fuselage, per The Journal. In response to the in-flight emergency , the airline grounded its fleet of 65 Boeing 737 Max 9 planes pending a safety inspection.
Persons: Airplanes Stan Deal, AeroSystems Organizations: Boeing, Max, Wall Street, Airplanes, Business, Alaska Airlines, United Airlines
New quality glitch to delay some Boeing 737 Max deliveries
  + stars: | 2024-02-05 | by ( ) www.cnbc.com   time to read: +1 min
A Boeing 777-9 jetliner aircraft is pictured on the tarmac during the 2023 Dubai Airshow at Dubai World Central - Al-Maktoum International Airport in Dubai on Nov. 13, 2023. Boeing Co said on Sunday it will have to do more work on about 50 undelivered 737 Max airplanes, potentially delaying near-term deliveries, after its supplier Spirit AeroSystems discovered two mis-drilled holes on some fuselages. "This past Thursday, a supplier notified us of a non-conformance in some 737 fuselages. "While this potential condition is not an immediate flight safety issue and all 737s can continue operating safely, we currently believe we will have to perform rework on about 50 undelivered airplanes," Deal said. The checks focus on potentially incorrect positioning of two holes on a window frame assembly supplied by Spirit, a condition known as "short edge margin," the sources said.
Persons: AeroSystems, Stan Deal Organizations: Boeing, Maktoum International Airport, Boeing Commercial, Spirit Locations: Dubai, Al, Maktoum
Boeing reported another problem with fuselages on its 737 jets that might delay deliveries of about 50 aircraft in the latest quality gaff to plague the manufacturer. Boeing Commercial Airplanes CEO Stan Deal said in a letter to Boeing staff seen Monday that a worker at its supplier discovered misdrilled holes in fuselages. Spirit AeroSystems, based in Wichita, Kansas, makes a large part of the fuselages on Boeing Max jets. Alaska Airlines and United Airlines have begun returning some to service. Boeing, based in Renton, Washington, said last week it was withdrawing a request for a safety exemption needed to certify a new, smaller model of the 737 Max airliner.
Persons: Stan Deal, Deal, Max Organizations: Boeing, Boeing Commercial, Boeing Max, Alaska Airlines, Federal Aviation Administration, United Airlines, airline, FAA Locations: fuselages, Wichita , Kansas, Portland , Oregon, U.S, Renton , Washington
SEATTLE (AP) — Facing severe criticism after a door plug blew out on a 737 Max over Oregon this month, Boeing said Monday that it is withdrawing a request for a safety exemption needed to certify a new model of the plane. Maria Cantwell, chair of the Senate Committee on Commerce, Science and Transportation, and Tammy Duckworth, chair of its aviation safety subcommittee, urged the Federal Aviation Administration to deny the request. "I hope this means they can quickly develop a compliant design across other MAX planes.”The FAA grounded all Max 9s in the U.S. the day after the blowout. The 737 Max went into service in May 2017. Boeing Commercial Airplanes president and CEO Stan Deal said in a message to Boeing employees Friday that the company’s most immediate goal is to help airlines restore operations.
Persons: Max, , Democratic Sens, Maria Cantwell, Tammy Duckworth, I’m, ” Duckworth, , ” Cantwell, Max 9s —, Stan Deal, Organizations: SEATTLE, , Boeing, Alaska Airlines, Democratic, Commerce, Science, Transportation, Federal Aviation Administration, Federal, FAA, United Airlines —, Southwest Airlines, Boeing Commercial Airplanes Locations: Oregon, Portland , Oregon, Illinois, U.S, Alaska
United CEO kickstarts Airbus talks amid Boeing delays, sources say
  + stars: | 2024-01-28 | by ( ) www.cnbc.com   time to read: +5 min
"United Airlines has been in talks with Airbus about possible alternatives to the Max 10 order. Airbus and United Airlines declined to comment. Trade publication Air Insight reported Airbus and United were in talks. Signs of a potential Airbus deal have raised "concern" at Boeing, a senior industry source said. In 1992, Airbus snatched an order for A320s that broke United's reliance on Boeing, with which United shares corporate roots.
Persons: Scott Kirby, Max, Kirby's, Kirby, Stan Deal, United, Michael Leskinen Organizations: United, O'Hare International, United Airlines, Airbus, Boeing, Alaska Airlines, Bloomberg, Insight, Boeing Commercial, Max, Continental Airlines Locations: Los Angeles, Chicago , Illinois, U.S, Toulouse, Chicago, Dublin
Alaska Airlines resumes flying Boeing 737 MAX 9 after inspections
  + stars: | 2024-01-27 | by ( ) www.cnbc.com   time to read: +1 min
An Alaska Airlines Boeing 737 MAX 9 plane is parked on the tarmac at Los Angeles International Airport on January 8, 2024, in Los Angeles. Alaska Airlines on Friday said it has completed inspections on the first group of its Boeing 737 MAX 9 aircraft, clearing the carrier to put the MAX 9 back in service after an in-flight cabin blowout earlier this month. Alaska said it had begun inspections of its first MAX 9s on Wednesday night, after the Federal Aviation Administration approved inspection criteria. A Copa Airlines jet became the first MAX 9 to return to service on Thursday. Alaska and United Airlines, the two U.S. carriers that fly the MAX 9, have canceled thousands of flights this month since the Jan. 6 grounding of 171 MAX 9s.
Persons: Stan Deal Organizations: Alaska Airlines Boeing, Los Angeles International Airport, Los Angeles . Alaska Airlines, Boeing, Federal Aviation Administration, Alaska Airlines, Boeing Commercial, Copa Airlines, United Airlines Locations: Los Angeles, Seattle, San Diego . Alaska, Alaska, United, U.S
Read previewBoeing's 737 Max 9 fiasco could impact the entire US economy, according to Boyd International president Mike Boyd. Finance, the aviation expert pointed to the January 5 incident on an Alaska Airlines flight, during which the door blew out of the 737 Max 9 aircraft. Over a hundred 737 Max 9 planes were grounded by the Federal Aviation Administration this month, sparking a wave of flight cancellations and an investigation that found many 737 Max planes had loose bolts. AdvertisementIt's not the first time Boeing's 737 Max fleet has had issues. In 2019, two Boeing 737 Max planes crashed, killing nearly 350 people.
Persons: , Max, Mike Boyd, Boyd, That's, Scott Kirby, I'm, Calhoun, Dave Calhoun, Stan Deal Organizations: Service, Boyd International, Business, Yahoo, Finance, Alaska Airlines, Max, Boeing, United Airlines, United, Boeing Commercial, Federal Aviation Administration Locations: Chicago, Seattle, Alaska, United
On Thursday, factory workers will pause production for sessions on improving quality control. The FAA's boss said its investigation focuses on Boeing's quality control, not the door plug design. Nobody was seriously injured, but all 171 Boeing 737 Max 9 jets with a door plug have been grounded since. AdvertisementNEW: FAA Administrator Mike Whitaker tells me its probe of the Alaska Airlines blowout is focused on Boeing quality control issues. The 737 Max 9 door plug design is good "when properly executed," but "where we are looking now is quality assurance and quality control at Boeing."
Persons: , Stan Deal, CNN's Pete Muntean, Mike Whitaker, Max, Pete Muntean, Ben Minicucci, United's Scott Kirby Organizations: Boeing, Alaska Airlines, Service, Boeing Commercial Airplanes, Navy, Max, National Transportation Safety Board, Federal Aviation Administration, United Airlines, NBC Locations: Renton , Washington
Alaska Airlines CEO Ben Minicucci told NBC he was "mad" and "angry" about the Flight 1282 blowout. AdvertisementAlaska Airlines' CEO expressed his frustration with Boeing during an interview with NBC News — the second airline boss to do so on Tuesday. "It makes me angry," Ben Minicucci told NBC. Minicucci told NBC: "We had a guardian angel, honestly," because the 178-capacity plane had seven unoccupied seats — which happened to include those next to the gaping hole. "It makes you mad that we're finding issues like that on brand-new airplanes," Minicucci told NBC.
Persons: Ben Minicucci, United's Scott Kirby, , Minicucci, Scott Kirby, Kirby, Stan Deal Organizations: Alaska, NBC, Boeing, Service, Alaska Airlines, Federal Aviation Administration, United Airlines, Max, CNBC, Boeing Commercial, FAA Locations: Alaska, United
New York CNN —Alaska Airlines CEO Ben Minicucci revealed the carrier found “some loose bolts on many” Boeing 737 Max 9s in an interview for “NBC Nightly News with Lester Holt” scheduled to air Tuesday. The US Federal Aviation Administration urged airlines on Sunday to inspect so-called door plugs on an earlier version of Boeing 737 airplanes. After recent inspections of the newer Max 9s, United Airlines and Alaska Airlines have found loose bolts. NBC asked Minicucci if Boeing has a problem with quality control extending beyond a single plane. We will follow the lead of the FAA and support our customers every step of the way.”The CEO of United Airlines, one of the biggest buyers of Boeing jets, also expressed frustration with the company.
Persons: Ben Minicucci, Lester Holt ”, ” Minicucci, Max, that’s what’s, , Minicucci, Stan Deal, “ I’m, Scott Kirby, they’ve, ” CNN’s Chris Isidore, Gregory Wallace, Hanna Ziady Organizations: New, New York CNN, Alaska Airlines, Boeing, Max, NBC, US Federal Aviation Administration, United Airlines, FAA, Airplanes, United, CNBC Locations: New York, Portland , Oregon, Ontario , California, Alaska
This story is available exclusively to Business Insider subscribers. The Boeing 737 Max 10 is the largest version of the narrowbody jet, but has been hampered by delays as it still awaits certification. AdvertisementKirby told CNBC he believes the best case for 737 Max 10 deliveries is still five years behind schedule. A Boeing 737 Max 10 at the 2023 Paris Air Show. "I have a lot of confidence in the people: great mechanics, great engineers, great history.
Persons: , Scott Kirby, Kirby, Max, Pete Syme, McDonnell Douglas, we're, Stan Deal Organizations: Service, United Airlines, CNBC, Boeing, Business, Airbus, Airplanes, FAA Locations: European
Read previewBoeing is introducing more quality assurance measures in its production process for 737 aircraft following a nightmare Alaska Airlines flight on one of the planes last week. "But, the AS1282 accident and recent customer findings make clear that we are not where we need to be." AdvertisementBoeing will open its factories for inspection to airlines that use 737 planes, and the company is bringing in a third party to conduct an independent review of its quality management system, Deal added. The US Federal Aviation Administration has since grounded all Boeing 737 Max 9 planes with that component until it decides they can safely return to operation. Alaska Airlines said Saturday that it's starting a "thorough review of Boeing's production quality and control systems" and will also "enhance our own quality oversight of Alaska aircraft on the Boeing production line."
Persons: , Stan Deal Organizations: Service, Alaska Airlines, Business, Boeing Commercial Airplanes, Management, Boeing, US Federal Aviation Administration, Max, FAA, Alaska
NEW YORK (AP) — Boeing told employees Monday that it plans to increase quality inspections of its 737 Max 9 aircraft, following the failure of an emergency exit door panel on an Alaska Airlines flight last week. The inspections come after Federal regulators grounded the 737 Max, and that Boeing has said that after the Alaska Airlines flight and customer complaints, it is “clear that we are not where we need to be” on quality assurance and controls. The National Transportation Safety Board is focusing its investigation on plugs used to fill spots for extra doors when those exits are not required for safety reasons on Boeing 737 Max 9 jetliners. Since then, various manufacturing flaws have at times held up deliveries of Max jets and a larger Boeing plane, the 787. Last month, the company asked airlines to inspect their Max jets for a loose bolt in the rudder-control system.
Persons: , , Stan Deal, jetliners, Max Organizations: — Boeing, Alaska Airlines, Boeing, American, Airbus, Airplanes, Deal, Alaska Max, Federal Aviation Administration, National Transportation Safety, Max Locations: Alaska, Portland , Oregon, Portland, Indonesia, Ethiopia
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