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☆ Markets are adjusting to stubborn inflation. Election noise could spoil the calm
▼ + stars: | 2024-06-27 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

Add to that the noise surrounding the US election, and it could be a rougher second half. Central Banks in Canada and the eurozone have both cut interest rates, but inflation rose in both of those regions last month. Australia, meanwhile, saw its inflation rate rise to 4% this week, stoking fears that the Reserve Bank of Australia could soon move to raise rates again. It was already well known that no documentation was found to show who worked on the door plug. Without the bolts, the door plug incident was pretty much inevitable.

Persons: London CNN —, they’ve, Michelle Bowman, she’s, Mary Daly, Austan Goolsbee, stoking, Joe Biden, Donald Trump, ”, José Torres, Torres, wouldn’t, Joseph Stiglitz, Trump, Trump’s, Max, “, Al Michaels, Michaels, Peacock, ” Michaels, ‘, CNN Michaels, Read Organizations: CNN Business, Bell, London CNN, Federal Reserve, foibles, San Francisco Fed, Chicago Fed, Central Banks, Reserve Bank of Australia, Interactive Brokers, Treasury, Trump, Peterson Institute, Oxford Economics, Allianz, CNN, Boeing, Alaska, Alaska Airlines, National Transportation Safety Board, Alaska Air, NBC, Summer Games, Olympics Locations: London, Canada, Australia, Renton , Washington, Paris, ’

☆ Boeing Says Added Inspections Are Raising 737 Max Production Quality
▼ + stars: | 2024-06-27 | by ( Niraj Chokshi | ) www.nytimes.com time to read: +1 min

Boeing says it has achieved significant quality improvements in the production of the 737 Max since one of the planes lost a panel in a harrowing flight in January. The incident, on an Alaska Airlines flight, resulted in no major injuries, but it raised fresh concerns about the quality of Boeing’s planes more than five years after two fatal crashes. In response, Boeing announced changes aimed at improving quality and safety, including expanding training, simplifying plans and procedures and reducing defects from suppliers. One of the more important changes Boeing has made since January was requiring that bodies of 737 Max planes pass a more rigorous inspection before being shipped to Renton, near Seattle, for final assembly. The body is made in Wichita, Kan., by Spirit AeroSystems, a supplier that Boeing is expected to soon acquire.

Persons: Elizabeth Lund, Max, Spirit AeroSystems Organizations: Boeing, Alaska Airlines Locations: Renton, Wash, Seattle, Wichita, Kan

☆ Boeing blames missing paperwork for Alaska Air door plug incident
▼ + stars: | 2024-06-27 | by ( Gregory Wallace | Chris Isidore | ) edition.cnn.com time to read: +5 min

Renton, Washington CNN —The missing paperwork on the 737 Max that lost a door plug on an Alaska Airlines flight in January isn’t just making it difficult to find out who made the near tragic mistake. It was already well known that no documentation was found to show who worked on the door plug. Without the bolts, the door plug incident was pretty much inevitable. Removing a door plug after a plane arrives from Spirit AeroSystems rarely happens, Lund added, so no one was aware the door plug needed attention. NTSB Chair Jennifer Homendy has testified about the missing paperwork at Congressional hearings since then.

Persons: Max, isn’t, it’s, ”, Elizabeth Lund, Lund, ” Lund, hurtling, Jennifer Homendy, “ Organizations: Washington CNN, Alaska Airlines, Boeing, Alaska Air, National Transportation Safety Board, NTSB Locations: Renton, Washington, Renton , Washington, Portland , Oregon

☆ How the vodka soda became 'gay water'
▼ + stars: | 2024-06-22 | by ( Alex Harring | ) www.cnbc.com time to read: +11 min

The combination of soda water and vodka has long been a fixture of boozy LGBTQ+ life, particularly among gay men. One of those came from Houston-based lawyer Jeff Watters, who called the vodka soda the "gay water" of the nighttime in a post on X. Retail is also central to the business for Gay Water, a startup offering canned cocktail variations of vodka soda. The former's vodka soda citrus is 100 calories per can, while Gay Water contains 80. The Gay Bar Shop, a specialty retailer, sells an 11-ounce, $49 candle that smells like a vodka soda with a lime garnish.

Persons: Emily Rabbideau, Justin Ruka, Orlando, Ruka, seltzer, Lucas Hilderbrand, Justin, Jeff Watters, Coke, Watters, Hilderbrand, Mary Holt, Holt, Eric Einstein, Einstein, Brendan Oudekerk, bartenders, Rose Kennedy, Tom Campbell, Campbell, James Delos Reyes, that's, Spencer Hoddeson, Hoddeson, Bud Light, Kylie Jenner's, Boston Beer, Victor Tran, Tran Organizations: Love, Alaska Airlines, CNBC, University of California, San Francisco, Gay, New York City, Washington , D.C, New, Boston Beer, Boston, Gay Water Locations: San Francisco, Irvine, Houston, bartenders, Lawrence , Kansas, New York, Washington ,, West Hollywood, influencers, New York City, Gopuff, Virginia

☆ Alaska Airlines, flight attendants reach 'record' tentative labor deal
▼ + stars: | 2024-06-21 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

An Alaska Airlines Boeing 737-9 MAX sits at gate at O'Hare International Airport in Chicago, Illinois on May 22, 2024. Alaska Airlines ' flight attendants union said Friday that it reached a "record" tentative labor deal with the carrier, ending a drought of new contracts for cabin crews that have clamored for pay raises for years. It will be reviewed by union leadership and then voted on by rank and file members, the Association of Flight Attendants said. A day earlier, American Airlines ' flight attendants union said talks had broken down for a new contract, and that its members should prepare for a possible strike. United Airlines is also negotiating a new contract with its flight attendants union.

Persons: weren't, we've Organizations: Alaska Airlines Boeing, International, Alaska Airlines, Association of Flight, American Airlines, Airlines, U.S Locations: Chicago , Illinois

☆ Boeing committed ‘the deadliest corporate crime in US history’ and should be fined $24 billion, victims’ families say
▼ + stars: | 2024-06-19 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Families that lost loved ones in two Boeing 737 Max crashes said on Wednesday that the company committed the “deadliest corporate crime in US history” and asked the Justice Department to fine the company the maximum $24 billion it could face in a criminal trial. The families wrote to the Department of Justice asking for the fine as the US government considers criminal prosecution of Boeing. The letter also asks the Justice Department for an independent corporate monitor to oversee Boeing’s safety measures and to direct it in its efforts to improve its quality. The 2021 deferred prosecution agreement that Boeing reached with the Justice Department was harshly criticized by the family members and some members of Congress at that time. Boeing agreed to pay $2.5 billion, but most of that money - $1.77 billion – was paid to the airlines that owned the grounded planes, money that Boeing had already agreed to pay.

Persons: Max, Dennis Muilenburg, ”, Paul Cassell, “, Dave Calhoun, – CNN’s Evan Perez Organizations: New, New York CNN, Boeing, Justice Department, Department of Justice, The Justice Department, Department, Alaska Airlines, DOJ, Republican, Democratic, FAA Locations: New York, Indonesia, Ethiopia, Alaska

☆ Watch Boeing CEO Dave Calhoun testify before Senate panel on whistleblower allegations
▼ + stars: | 2024-06-18 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +1 min

Boeing CEO Dave Calhoun will face questions from the Senate Permanent Subcommitee on Investigations on Tuesday over quality control concerns and whistleblower allegations. Boeing's bestselling 737 Max plane has been the source of controversy since two deadly crashes in 2018 and 2019. Following the incident, company whistleblower Sam Salehpour came forward and claimed that the aerospace company put excessive stress on airplane joints, which reduced some of the planes' lifespans. Mohawk alleges that the lost parts were likely installed on airplanes in Boeing's Washington plant where 737 Max models are made. The company announced March that Calhoun will step down from his post as CEO before the end of the year.

Persons: Dave Calhoun, Max, Sam Salehpour, Sam Mohawk, Calhoun, — CNBC's Leslie Josephs Organizations: Boeing, Alaska Airlines, CNBC, YouTube Locations: Boeing's Washington

Stormy weatherBoeing’s boss, Dave Calhoun, will testify before a Senate panel on Tuesday, as yet another whistle-blower has come forward, alleging the planemaker was negligent in tracking hundreds of faulty parts. Calhoun will step down by December, but that hasn’t stopped lawmakers, investors and customers from hammering the company. Now, Boeing is reportedly struggling to find a successor, highlighting the scale of the challenge to fix an iconic American company. Calhoun will say that the culture is still “far from perfect.” He will be grilled on a range of issues hanging over the company, from multiple whistle-blower accusations to the events leading up to the midair blowout of a door plug on an Alaska Airlines 737 Max 9 jet in January.

Persons: Dave Calhoun, Calhoun, hasn’t Organizations: Boeing, Alaska Airlines, Max

Shortly after Boeing’s chief executive, Dave Calhoun, took his seat, families who lost relatives in the 2018 and 2019 crashes of the company’s 737 Max 8 planes called out to him, demanding that he turn around and acknowledge them and the photos of their loved ones. Among those behind Mr. Calhoun were the parents and brother of Samya Rose Stumo, the 24-year-old who was killed in the 2019 Ethiopian Airlines accident and the grandniece of Ralph Nader, the consumer advocate and former presidential candidate. Nearby sat the family of John Barnett, the former Boeing engineer and whistle-blower who died by suicide earlier this year in the midst of a Justice Department criminal investigation into the company. Others held photos of their loved ones lost in the crashes. “I would like to apologize, on behalf of all of our Boeing associates spread throughout the world, past and present, for your losses,” Mr. Calhoun said while facing the families.

Persons: Dave Calhoun, Calhoun, Samya Rose Stumo, Ralph Nader, John Barnett, ” Mr, Calhoun’s Organizations: Boeing, Justice Department, Alaska Airlines Locations: Portland , Ore

☆ Counterfeit titanium was found in Boeing and Airbus jets. The FAA is investigating how it got there
▼ + stars: | 2024-06-14 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —Titanium that was distributed with fake documentation has been found in commercial Boeing and Airbus jets. Now the Federal Aviation Administration, the aircraft manufacturers and supplier Spirit AeroSystems are investigating whether those components pose a safety hazard to the public. The FAA and Boeing confirmed that they are investigating the matter. Boeing said the questionable parts come from a limited set of suppliers, and tests performed to date have indicated that the correct titanium alloy was used. Airbus has also had problems with some of the engines that have grounded some of its planes owned by different airlines.

Persons: ”, Joe Buccino, “ Organizations: New, New York CNN, Boeing, Airbus, Federal Aviation Administration, New York Times, Times, FAA, Spirit, Max, “ Boeing, Alaska Airlines Locations: New York

☆ Boeing sales tumble as the company gets no orders for the 737 Max for the second straight month
▼ + stars: | 2024-06-11 | by ( ) www.cnbc.com time to read: +1 min

Boeing 737 MAX airplanes are pictured outside a Boeing factory on March 25, 2024 in Renton, Washington. The results released Tuesday compared unfavorably with Europe's Airbus, which reported orders for 27 new planes in May. Boeing also saw Aerolineas Argentinas cancel an order for a single Max jet, bringing its net sales for the month to three. The dismal results followed poor figures for April, when Boeing reported seven sales — none of them for the Max. Despite the slow pace of recent sales, Boeing still has a huge backlog of more than 5,600 orders.

Persons: —, Aerolineas, Max Organizations: Boeing, Airbus, Federal Aviation Administration, Alaska Airlines Max, Ryanair, Alaska Airlines Locations: Renton , Washington, Arlington , Virginia

☆ Boeing CEO to testify in Senate hearing June 18
▼ + stars: | 2024-06-05 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Boeing CEO Dave Calhoun will testify before a Senate panel on June 18 to answer lawmaker questions about whistleblower allegations and quality control at the aircraft maker as it navigates a safety crisis. The hearing comes after a company engineer alleged the assembly of Boeing's 787 Dreamliners put excessive stress on the planes and reduce their lifespans, allegations Boeing called inaccurate. "We are committed to fostering a culture of accountability and transparency while upholding the highest standards of safety and quality." Boeing has been trying to regain its footing in the wake of two deadly crashes of its bestselling 737 Max in 2018 and 2019. Calhoun in March said he would step down by year's end, part of a broad executive shake-up at the plane maker.

Persons: Dave Calhoun, Sen, Mark Warner, Calhoun's, Richard Blumenthal, Conn, Dreamliners, Max, Calhoun Organizations: Capitol, Washington , D.C, Boeing, Investigations, Federal Aviation Administration, Alaska Airlines, FAA Locations: Washington ,

☆ FAA says it doesn't 'have a timeframe' for when Boeing will be allowed to increase production of its 737 Max planes again
▼ + stars: | 2024-06-02 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

Read previewBoeing won't be expanding its fleet of its 737 Max planes anytime soon, according to the FAA. Although no passengers were seriously injured, the FAA barred Boeing from expanding production on Max plane models until quality and safety issues were addressed. FAA administrator Mike Whitaker discusses Boeing quality and safety issues at press conference on May 30, 2024. The FAA grounded 171 Boeing 737-9 Max planes in January before launching its investigation into Boeing's production lines and manufacturing practices. The FAA grounded 171 Boeing 737 Max planes.

Persons: —, Mike Whitaker, Andrew Harnik, Michael Whitaker, Whitaker, Max, PATRICK T, FALLON, Dave Calhoun, Stephen Brashear, they've Organizations: Service, Boeing, FAA, Alaska Airlines, Business, Getty, CBS News, Management, Max

☆ A 12-Year-Old Wins Astonishing Spell-Off at Scripps National Spelling Bee
▼ + stars: | 2024-05-30 | by ( Aimee Ortiz | ) www.nytimes.com time to read: +3 min

PinnedTing Shen for The New York TimesTing Shen for The New York TimesCredit... Ting Shen for The New York TimesBruhat Soma held his trophy high after winning the second-ever spell-off at the Scripps Bee. The Scripps National Spelling Bee on Thursday came down to its second-ever spell-off, a fast-and-furious tiebreaking round that rewards speed as much as accuracy. Image Credit... Ting Shen for The New York TimesThe next competitor, Aditi Muthukumar, was asked to spell Lillooet, a Salishan people of the Fraser River valley in British Columbia. Immediately after Aditi came Bruhat, the night’s eventual champion, who correctly spelled “Okvik,” from an Alaskan geographical name. Image Credit... Ting Shen for The New York TimesFaizan, who is from the Dallas area, came in second place after spelling 20 words correctly in the spell-off.

Persons: Ting Shen, The New York Times Ting Shen, Soma, Faizan Zaki, Bruhat, Rishabh Saha, “, Rishabh, The New York Times Shrey Parikh, ”, Ananya Prassanna, YY Liang, Kirsten Santos, “ Jumano, Aditi Muthukumar, Aditi, “ Okvik, The New York Times Faizan Organizations: The New York Times, The New York Times Credit, Scripps Bee, Scripps, Spelling, Texas, Bee, Lone Star State, Texans Locations: Tampa, Fla, —, Philippines, Southwest, South Plains, Lillooet, Fraser, British Columbia, Texas, Dallas, United States, spellers, California, New York

☆ Boeing's 90 days to hand in a safety plan to the FAA are up. Here's what to expect
▼ + stars: | 2024-05-30 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Boeing 737 Max 8 fuselages manufactured by Spirit Aerosystems in Wichita, Kansas are transported on a BSNF train heading west over the Bozeman Pass March 12, 2019 in Bozeman, Montana. The FAA ordered the report following a near-catastrophic blowout of an airplane door panel on a new 737 Max 9 earlier this year. The FAA also barred Boeing from increasing 737 Max production until the agency was satisfied with Boeing's quality control improvements. The crisis has again tarnished Boeing's reputation, opened it to more federal scrutiny and forced it to slow 737 Max output. Boeing Chief Financial Officer Brian West last week said the company expects to burn cash this year, instead of generating cash.

Persons: Spirit Aerosystems, Dave Calhoun, Max, Mike Whitaker, Brian West, Calhoun, —, West Organizations: Boeing, Max, Spirit, Federal Aviation Administration, FAA, Alaska Airlines, United, Southwest Locations: Wichita , Kansas, Bozeman, Bozeman , Montana

☆ A 7th Grader’s Electric Tiebreaking Performance Earns Spelling Bee Championship
▼ + stars: | 2024-05-30 | by ( Alexandra E. Petri | ) www.nytimes.com time to read: +1 min

“I was pretty disappointed by my performance, and I knew I had to work harder,” he said in a recorded interview that aired during the show. After his win, Bruhat was joined onstage by his parents and two siblings, who expressed pride and elation at his achievement. In a recorded interview aired during the show, Bruhat — who is tall for his age — said that he also enjoys basketball. His favorite player is LeBron James, according to his bio on the Scripps National Spelling Bee website. His parents said that Bruhat memorized about 80 percent of the sacred Hindu texts, the Bhagavad Gita.

Persons: Bruhat, “, Bruhat’s, elation, —, LeBron James, Emily Schmall, Maggie Astor, Emmett Lindner Organizations: Scripps, 163rd, Spelling

We recently got an in-depth look at how mattresses were made on a tour of the 3Z Brands factory in Glendale, Arizona. With the extra capacity, 3Z Brands also makes mattresses for other companies, including Nectar, GhostBed, Allswell, and Nest Bedding. Here's a detailed account of our tour of the 3Z Brands factory and a look into how mattresses are made, from sewing to packaging. AdvertisementConstructing the pocket coilsThe pocket springs found in hybrid mattresses arrive at the factory in huge coils. AdvertisementAssembling the mattressOnce the foam, pocket springs, and mattress covers are ready, it's time to assemble all the components together.

Persons: Brands, James Brains, 3Z, Jaclyn Turner, John Merwin, serging, Jaclyn, Stephen Light Organizations: Business, 3Z Brands, 3Z Locations: Glendale , Arizona, Brooklyn

☆ Boeing may be prosecuted after breaking safety agreement that prevented criminal charges for 737 crashes, US DOJ says
▼ + stars: | 2024-05-14 | by ( Evan Perez | ) edition.cnn.com time to read: +5 min

CNN —The US Justice Department on Tuesday notified Boeing that it breached terms of its 2021 agreement in which the company avoided criminal charges for two fatal 737 Max crashes. The notification comes as the Justice Department conducts a new investigation into Boeing’s operations in the wake the door plug incident. The earlier deal had resolved a fraud investigation related to the company’s development of its 737 Max aircraft. Under its deferred prosecution agreement from January 2021, Boeing paid $2.5 billion in penalties and promised to improve its safety and compliance protocols. In March, the FAA identified more potential safety issues with the engines of the 737 Max and 787 Dreamliner.

Persons: Max, “, Reed O’Connor, Biden, Paul Cassell, ” Cassell, ” Organizations: CNN, US Justice Department, Boeing, Alaska Airlines, Department of Justice, Justice Department, Max, Lion, Justice, Air Force, Transportation Safety Board, Federal Aviation Administration, FAA Locations: United States, Fort Worth , Texas

☆ SEC investigating Boeing over statements on its safety practices, report says
▼ + stars: | 2024-05-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSEC investigating Boeing over statements on its safety practices, report saysJoshua Mayes, Robbins Firm partner and former SEC senior trial counsel, joins 'Squawk Box' to discuss reports of the SEC investigating statements made by Boeing about its safety practices following a panel blowout from an Alaskan airlines flight in January,

Persons: Joshua Mayes, Robbins Organizations: SEC, Boeing

☆ A whistleblower at Boeing's supplier said he 'almost grew a fear of flying' from working 12 years there
▼ + stars: | 2024-05-09 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA former employee of Boeing supplier Spirit AeroSystems said he nearly developed a fear of flying because of what he saw during his 12-year stint inspecting aircraft fuselages there. "Working at Spirit, I almost grew a fear of flying," said Paredes. Paredes told CBS that he once sent an email pushing back against his managers' requests to speed up inspections and then was removed from his leadership position. Spirit AeroSystems did not immediately respond to a request for comment outside regular business hours by Business Insider.

Persons: —, Spirit AeroSystems, Santiago Paredes, Paredes, Kris Van Cleave, Spirit, John Dean, Max, AeroSystems Organizations: Service, Boeing, Spirit, CBS News, Business, CBS, Alaska Airlines, Federal Aviation Administration, National Transportation Safety, BBC, BI Locations: Wichita, Spirit's Wichita

☆ Boeing has lost $32 billion since 2019, with no end in sight. How long can it keep losing money?
▼ + stars: | 2024-05-03 | by ( Chris Isidore | ) edition.cnn.com time to read: +7 min

New York CNN —Few companies have lost more than the $32 billion that Boeing has lost in the last five years. There’s a lot of work in front of us, but I’m proud of our team and remain fully confident in our future.”It’s not that Boeing’s problems aren’t serious. And the massive losses have resulted in the company’s debt level soaring, from $13 billion at the end of 2018 to $48 billion now. Even if customers could get their hands on Airbus jets right away, there are huge costs for Boeing customers to operate both their existing Boeing jets and a fleet of comparable Airbus planes at the same time. So after Alaska Air purchased Virgin America in 2016, it got rid of the Airbus jets Virgin was flying and became an all-Boeing airline.

Persons: “, ”, Richard Aboulafia, Ron Epstein, Dave Calhoun, ” It’s, Max, Uber, Brian West, “ We’re, Ben Minicucci, Calhoun, Epstein Organizations: New, New York CNN, Boeing, Bank of America, Alaska, Alaska Airlines Boeing, Max, Carnival Corp, Airbus, Airline, Alaska Air, Virgin America, Virgin, year’s, GM Locations: New York, it’s

☆ A Delta Boeing 767 made an emergency landing after its exit slide fell off midair
▼ + stars: | 2024-04-27 | by ( Cameron Manley | ) www.businessinsider.com time to read: +4 min

A Delta flight from NYC to LA had to turn back after its emergency exit slide detached. AdvertisementA Boeing plane was forced to make an emergency landing on Friday after an emergency slide fell off the aircraft. The Delta spokesperson said the airline was "fully supporting retrieval efforts and will fully cooperate in investigations." In a second statement, Delta said that the incident set off an emergency alarm. AdvertisementDelta Airlines 767-332ER makes emergency return to John F. Kennedy International Airport after losing its right-hand side emergency slide.

Persons: —, Delta, John F, Flexport, Max Organizations: Boeing, Service, Delta Air Lines, New York's JFK, Delta, Kennedy, Airport, Breaking Aviation, JFK, Business, Federal Aviation Administration, Air Lines, Kennedy International, FAA, Alaska Airlines Locations: NYC, LA, JFK, New York's, New York, Portland , Oregon

☆ It isn't just Boeing that's bleeding billions — major US airlines are hemorrhaging cash too
▼ + stars: | 2024-04-26 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Southwest Airlines and American Airlines posted losses in the first quarter of 2024. On Thursday, Southwest Airlines and American Airlines reported losses in their quarterly earnings call. Southwest Airlines CEO Bob Jordan told CNBC the decision to cease flights had "nothing to do" with Boeing's aircraft delivery delays. AdvertisementRepresentatives for Southwest Airlines and American Airlines didn't immediately respond to a request for comment from BI sent outside regular business hours. "Near term, yes, we are in a tough moment," Boeing CEO Dave Calhoun said in a letter to employees on the same day.

Persons: It's, Bob Jordan, —, George Bush, Jordan, Robert Isom, I've, Isom, Isom's, Brian West, Dave Calhoun Organizations: Boeing, Airlines, Southwest Airlines, American Airlines, Southwest, Service, —, — Bellingham International, Cozumel International Airport, George, George Bush Intercontinental Airport, Syracuse Hancock International, CNBC, American, Bank of America Global Industrials Conference . West, BI, Max, Wednesday Locations: — Bellingham, Cozumel, Southwest, Oregon, California

☆ Southwest Quits Four Airports in Cost-Cutting Drive
▼ + stars: | 2024-04-25 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

Southwest Airlines is ceasing operations at four airports, and reducing flights from others, in an effort to cut costs after its growth plans were curtailed by fewer than expected plane deliveries from Boeing. The airline, which flies only Boeing 737 planes, said on Thursday that delays from the embattled aircraft manufacturer were behind its struggles. Southwest reported a loss of $231 million for the first quarter, worse than analysts expected, sending its share price down 10 percent in early trading. To cut costs because of its curtailed growth plans, Southwest said it would cease operations at four airports from early August: Bellingham International Airport in Washington State, Cozumel International Airport, George Bush Intercontinental Airport in Houston, and Syracuse Hancock International Airport. It would also “significantly restructure” its flights from other airports, most notably by reducing flights at Hartsfield-Jackson Atlanta International Airport and Chicago O’Hare International Airport.

Persons: George Bush Organizations: Airlines, Boeing, Bellingham International Airport, Cozumel International Airport, George, George Bush Intercontinental Airport, Syracuse Hancock International, Hartsfield, Jackson Atlanta International Airport, Chicago O’Hare International, Max, Alaska Airlines Locations: Bellingham, Washington State, Cozumel, Houston

☆ Boeing’s Starliner set for historic astronaut launch after delays for years
▼ + stars: | 2024-04-25 | by ( Jackie Wattles | ) edition.cnn.com time to read: +8 min

CNN —After years of delays and a dizzying array of setbacks during test flights, Boeing’s Starliner spacecraft is finally set to make its inaugural crewed launch. “This is history in the making,” NASA Administrator Bill Nelson said of the upcoming Starliner mission during a March 22 news conference. Missteps riddled a Starliner test flight the prior year, leaving NASA and Boeing officials scrambling to figure out what went wrong. SpaceX’s Crew Dragon has been flying routine trips ever since, carrying NASA astronauts and even paying customers and tourists. On May’s inaugural crewed flight, Boeing will instead use a “perfectly acceptable mitigation” that should prevent the valves from sticking, Nappi said in March.

Persons: CNN —, Suni Williams, Butch Wilmore, ”, Mark Nappi, “, we’ve, Ken Bowersox, SpaceX’s, Bill Nelson, “ We’re, Boeing’s Starliner, Bob Behnken, Doug Hurley, Steve Stich, we’re, ” Nappi, Stich, Nappi, — Williams, Wilmore, —, ” Wilmore, Williams Organizations: CNN, NASA, International, Boeing, SpaceX, International Space, Alaska Airlines Locations: Florida, —, Starliner’s

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