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☆ United CEO tries to reassure customers following multiple safety incidents
▼ + stars: | 2024-03-18 | by ( Pete Muntean | Chris Isidore | ) edition.cnn.com time to read: +3 min

On Friday in a United Boeing 737-800 landed in Medford, Oregon, with a panel from the underside of the fuselage missing. Earlier this month, United suffered a series of four incidents, all involving Boeing jets . A United Boeing 737-900ER spewed flames from an engine after takeoff from Fort Meyers, Florida, a United Boeing 777 lost a wheel during takeoff from San Francisco, a United Boeing 737 Max slid off a runway in Houston, and a United Boeing 777 trailed hydraulic fluid leaving Sydney. The age of the aircraft in the United incidents suggest that the cause could lie with United personnel, rather than Boeing’s well documented quality issues. And its fleet of 737 Max 9 jets were grounded for three weeks in January following the incident at Alaska Air.

Persons: Scott Kirby, Max, “, ” Kirby, Kirby Organizations: Washington DC CNN — United Airlines, Boeing, ”, United Boeing, United, Alaska Airlines Boeing, Max, Latam Airlines, National Transportation Safety Board, Alaska Air, FAA, Airbus Locations: Medford , Oregon, Fort Meyers , Florida, San Francisco, Houston, Sydney, Australia, Auckland , New Zealand, Alaska

☆ 8 Incidents in 2 Weeks: What’s Going on With United’s Planes?
▼ + stars: | 2024-03-18 | by ( Christine Chung | ) www.nytimes.com time to read: +1 min

An engine fire sparked by plastic packaging wrap, a tire lost shortly after takeoff and a plane veering off the runway: These are among the eight incidents that have occurred over the past two weeks on flights operated by United Airlines. While no injuries — or worse — have been reported, the mishaps have generated headlines and stoked rising anxiety about aviation safety among federal officials and passengers alike. All of the incidents happened in the United States, and five involved airplanes made by Boeing, a manufacturer already under intense scrutiny. In January, a door plug blew out of an Alaska Airlines Boeing 737 Max 9 jetliner in mid-flight, forcing the plane to make an emergency landing. United, one of the world’s largest airlines, flies aircraft manufactured mainly by Boeing and Airbus.

Persons: jetliner, Scott Kirby, ” Organizations: United Airlines, Boeing, Alaska Airlines Boeing, Max, Airbus Locations: United States

☆ United Airlines CEO tries to reassure customers after string of flight problems
▼ + stars: | 2024-03-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

United Airlines CEO Scott Kirby on Monday sought to reassure customers about the carrier's safety after a series of flight problems in recent weeks. In another, a missing panel from the plane was discovered after the older Boeing 737 landed in Oregon on Friday. "Safety is our highest priority and is at the center of everything we do," Kirby said in an email to customers. "Unfortunately, in the past few weeks, our airline has experienced a number of incidents that are reminders of the importance of safety." The string of recent mishaps occurred during heightened scrutiny of the aviation industry after a door plug panel blew off of an Alaska Airlines ' nearly new Boeing 737 Max 9 on Jan. 5.

Persons: Scott Kirby, Kirby Organizations: United, Boeing, Federal Aviation Administration, Alaska Airlines Locations: Japan, San Francisco, Oregon

☆ Tesla is the biggest S&P 500 loser this year, down even more than Boeing
▼ + stars: | 2024-03-18 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Close to three months later, the electric carmaker holds a much less enviable title — it's the S&P 500's biggest loser year-to-date. Tesla shares have plummeted about 30% year-to-date, wiping about $230 billion off the company's value. AdvertisementThe gap was even wider at the end of last week, but Tesla shares were up almost 6% on Monday. AdvertisementNelson also believes Tesla could become the world's biggest auto manufacturer — but others don't share his optimism.

Persons: —, Tesla, Elon, BYD, That's, Seth Goldstein, Goldstein, Refinitiv, Garrett Nelson, Nelson, Wells, Ross Gerber, who's Organizations: Elon, Service, Boeing, Alaska Airlines, MAX, Elon Musk's, North, Fox Business Locations: Elon Musk's, North America, Europe

☆ A Boeing plane lost an external panel mid-flight, in the latest troubling incident for the airline maker
▼ + stars: | 2024-03-16 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

A Boeing plane lost an external panel mid-flight before landing safely in Oregon. United Airlines and the FAA said they would be investigating how this happened. AdvertisementA Boeing plane lost an external panel mid-flight before landing safely in Oregon, in the latest embarrassment for the airline manufacturer. "After the aircraft was parked at the gate, it was discovered to be missing an external panel," the statement said. AdvertisementThe Federal Aviation Administration said it is investigating how the plane lost the panel.

Persons: —, We'll, Amber Judd, United —, Max, Dave Calhoun Organizations: Boeing, United Airlines, FAA, Service, Business, Rogue, Medford, Valley Times, ABC, Aviation Administration, Max, Alaska Airlines Locations: Oregon, San Francisco, Alaska, United, Houston

☆ A Boeing whistleblower says he got off a plane just before takeoff when he realized it was a 737 Max
▼ + stars: | 2024-03-15 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

A Boeing whistleblower told CNN he refused to fly on a plane he'd boarded after realizing it was a Boeing 737 Max. Ed Pierson said he'd deliberately made sure the plane wasn't a 737 Max prior to booking. AdvertisementA Boeing whistleblower says that he was meant to take a domestic flight last year but ended up leaving the plane before takeoff because he refused to travel on a Boeing 737 Max. He said that he made sure to select a flight that didn't use a Boeing 737 Max. Pierson previously told the Los Angeles Times that he would "absolutely not" fly on a 737 Max because of safety concerns.

Persons: Max, Ed Pierson, he'd, Pierson, — Organizations: Boeing, CNN, Service, Alaska Airlines, Max, Los Angeles Times, Alaska Airlines Max, Federal Aviation Administration Locations: Renton , Washington, Seattle, New Jersey, Alaska

Boeing is telling airlines to inspect switches on pilots' seats in its 787 Dreamliner jets after a published report said an accidental cockpit seat movement likely caused the sudden plunge of a LATAM Airlines plane flying to New Zealand. Boeing said Friday it recommended that airlines inspect the motorized cockpit seats the next time they perform maintenance on their 787s. It did not link the memo to what happened this week on a LATAM Airlines flight between Australia and New Zealand. The Federal Aviation Administration said, however, that the Boeing memo was issued “in response to the incident on LATAM Flight 800." The version involved in the LATAM flight can carry up to about 300 passengers.

Organizations: Boeing, LATAM Airlines, LATAM, Federal Aviation Administration, FAA, ” Passengers, Auckland Airport, United Airlines, American Airlines, Street Journal, Alaska Airlines, Max, National Transportation Safety Board, Justice Department Locations: New Zealand, Australia, Chile, Auckland, Oregon

The Justice Department is sending subpoenas and using a recently convened grand jury in Seattle as it widens a criminal investigation into the door plug that blew off a Boeing 737 Max 9 jetliner in January, a person familiar with the matter said on Friday. A preliminary report by the National Transportation Safety Board said four bolts meant to secure the door plug in place were missing before the panel blew off. This month, it was reported that the Justice Department had opened a criminal investigation of Boeing, which had reinstalled the door plug during maintenance in Renton, Wash., before delivering the plane to Alaska Airlines in October. The subpoenas and use of the grand jury were reported earlier Friday by Bloomberg. Boeing said it agreed with the F.A.A.’s decision and pledged to cooperate.

Persons: jetliner Organizations: Boeing, Max, Alaska Airlines, Portland International, National Transportation Safety, Justice Department, Bloomberg, Federal Aviation Administration Locations: Seattle, Oregon, Renton, Wash, Alaska

☆ Boeing’s problems could soon become your problem
▼ + stars: | 2024-03-15 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

Washington CNN —Boeing’s problems aren’t just Boeing’s. One of America’s biggest manufacturers is dealing with some serious production, quality and safety problems that worsened this week after a 787 Dreamliner plunged suddenly mid-flight, injuring dozens of passengers. Southwest and United earlier this week said they expect Boeing to ship them fewer planes than they planned on receiving, so they’ll hire fewer pilots. (Boeing continued to build the 737 Max throughout the crisis). And Boeing’s years of problems have led to success for its French rival Airbus, which has overtaken Boeing as the world’s largest aircraft manufacturer.

Persons: Washington CNN —, aren’t, ” Kathy Bostjancic, “, ”, ” José Torres, Max, ” Lisa Simon Organizations: Washington CNN, America’s, Boeing, Airbus, Alaska Airlines, Nationwide, CNN, Interactive Brokers, New York Fed, The New, Fed, Boeing hasn’t, Federal Aviation Administration, Revelio Labs Locations: Southwest, ”

☆ Alaska Airlines passenger accused of trying to open cockpit door has been charged in federal court
▼ + stars: | 2024-03-14 | by ( Rashard Rose | ) edition.cnn.com time to read: +3 min

CNN —A passenger on an Alaska Airlines flight this month repeatedly tried to open the cockpit door, prompting flight attendants to barricade the door and have the man restrained until landing, court documents filed in federal court allege. Jones got up from his seat several times during the flight and made three attempts to go to the front of the plane and open the cockpit door, an air marshal wrote in an affidavit. When a flight attendant asked why he tried to access the cockpit, Jones replied that he “was testing them,” the affidavit reads. The cockpit was locked down and barricaded with a beverage cart for the remainder of the flight, according to the affidavit. The passenger had tried to access the cockpit in a “nonviolent manner” and “appeared confused,” Alaska Airlines said on Wednesday.

Persons: Nathan Jones, Jones, “, Robert Jenkins, ” Jenkins, Anne Zalewski, CNN’s Elizabeth Wolfe Organizations: CNN, Alaska Airlines, Dulles International, Federal Aviation Administration, FAA, United Airlines Locations: San Diego, Virginia, Alaska, Alexandria , Virginia

☆ Alaska Airlines cabin crew used a beverage cart to stop a passenger trying to enter the cockpit, prosecutors say
▼ + stars: | 2024-03-14 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

An Alaska Airlines passenger tried three times to access the cockpit, an affidavit says. Flight attendants blocked the door with a beverage cart, it adds. AdvertisementAn Alaska Airlines cabin crew blocked the cockpit with a beverage cart to stop a passenger from accessing the flight deck, an affidavit states. AdvertisementIt adds that when a flight attendant asked why he was trying to get into the cockpit, Jones replied he "was testing them." The flight deck was locked down for the rest of the flight, and one flight attendant stayed with the beverage cart blocking the cockpit door, per the affidavit.

Persons: —, Nathan Jones, who's, Jones Organizations: Alaska Airlines, Service, Business, Transportation Security Administration Locations: Alaska, San Diego, Washington

☆ Student Pilot Charged After Trying to Access Alaska Airlines Cockpit
▼ + stars: | 2024-03-14 | by ( Christine Hauser | More About Christine Hauser | ) www.nytimes.com time to read: +1 min

A 19-year-old student pilot from Northern Virginia who tried repeatedly to enter the cockpit of an Alaska Airlines flight from California to Virginia earlier this month is facing a federal charge of interfering with a flight crew, according to court documents. The man, Nathan Jones, was traveling on Alaska Airlines Flight 322 from San Diego International Airport to Washington Dulles International Airport on March 3 when he “interfered and intimidated flight crew members and attendants,” according to an affidavit filed the next day in the District Court for the Eastern District of Virginia. His lawyer filed a motion this week arguing that Mr. Jones might not be mentally fit to stand trial. The affidavit said that Mr. Jones, a passenger in seat 6E, tried three times to go to the front of the plane and “open the aircraft’s cockpit door.” Flight attendants asked for assistance from off-duty law enforcement officers, who restrained Mr. Jones in flex cuffs and sat on either side of him for the rest of the flight.

Persons: Nathan Jones, “, Jones Organizations: Alaska Airlines, San Diego International Airport, Washington Dulles International Airport, Court, Eastern, of Locations: Northern Virginia, California, Virginia, Washington, of Virginia

☆ Premarket stocks: Congress has bad news for Wall Street
▼ + stars: | 2024-03-13 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

New York CNN —Dealmaking is the lifeblood of Wall Street. But analysts say that funding cuts in the plan could end up harming mergers and acquisitions on Wall Street, squashing hopes of a recovery in dealmaking. The bad news: Recent regulations and proposed budget cuts threaten to step on those green shoots before they’re able to flower. Why it matters: Dealmaking isn’t just good for Wall Street. Shares of the stock are down nearly 30% so far this year after its seemingly nonstop streak of bad luck.

Persons: New York CNN — Dealmaking, Joe Biden, squashing, It’s, Goldman Sachs, ”, Lucille Jones, Jones, Mitch Berlin, Biden, ’, ” Berlin, That’s, Hewlett Packard, “, TikTok —, Brian Fung, TikTok, Shou Chew, Nadya Okamoto, Okamoto, Teddy Siegel, Siegel, David Goldman, LATAM, it’s, Max Organizations: CNN Business, Bell, New York CNN, Wall, LSEG, Federal Reserve, Federal Trade Commission, Department of Justice, Congressional, Office, CNN, Discover Financial Services, Hewlett, Juniper Networks, Target, Boeing, Alaska Airlines, United Airlines, The National Transportation Safety, Federal Aviation Administration, FAA, NTSB Locations: New York, dealmaking, EY, Berlin, “, LSEG, Australia, New Zealand, Newark

☆ Boeing failed to retain security camera footage showing work on Max jet door that blew out, NTSB says
▼ + stars: | 2024-03-13 | by ( Rob Wile | ) www.cnbc.com time to read: +3 min

Security camera footage showing work being done on a Boeing Max 9 door plug that later blew out mid-air has been overwritten, the head of the National Transportation Safety Board said. "Boeing has informed us that they are unable to find the records documenting this work." She continued: "A verbal request was made by our investigators for security camera footage to help obtain this information; however, they were informed the footage was overwritten. A Boeing spokesperson said the company, like many others, does not retain security footage for longer than 30 days. The Alaska Airlines plane in question was in the factory last year in September and delivered in October.

Persons: Jennifer Homendy, Homendy, Dave Calhoun, Calhoun, John Barnett, Max, Bob Jordan Organizations: Alaska Airlines Flight, Boeing, National Transportation Safety Board, Boeing Max, National Transportation Safety, Commerce, Science, Alaska Airlines, NBC News, Journal, U.S . Department of Justice, South, The New York Times, United Airlines, Southwest, JPMorgan, CNBC Locations: Alaska, Portland , Oregon, U.S, South Carolina, Barnett's

☆ Boeing is unable to provide key information in door plug blowout investigation, NTSB chair says
▼ + stars: | 2024-03-13 | by ( Gregory Wallace | ) edition.cnn.com time to read: +3 min

CNN —Investigators probing the Boeing 737 Max blowout say their investigation is being held back by Boeing’s lack of a paper trail for key work. Boeing recently said it has searched for records but believes its employees did not document the work. The letter noted that Boeing has also been unable to provide security footage of the September 2023 work, which included removing and reinstalling the door plug. Boeing told CNN that 30-day record retention policy for security camera footage is standard practice. The letter revealed that the NTSB’s first request to Boeing for relevant employees’ names came on January 9 — four days after the mid-flight incident.

Persons: Jennifer Homendy, Homendy, ”, “ Organizations: CNN, Boeing, Max, National Transportation Safety Board, Alaska Airlines, Senate, NTSB, ” NTSB, Transportation Safety Board, Alaska Airlines Flight, Getty, ” Boeing Locations: Boeing’s Renton , Washington, Boeing’s, Portland , Oregon, Ontario , California

☆ CNBC Daily Open: Sticky inflation muddies water for Fed
▼ + stars: | 2024-03-13 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nearly half of the world's total dividend growth came from the banking sector, which delivered record payouts as rising borrowing costs lifted lenders' margins, the report found. Boeing crisis hurt airlinesCEOs from several airlines say Boeing's delivery delays have forced the carriers to change their growth plans. Citadel on rate cutsInflation headwinds remain and the Fed shouldn't cut rates too quickly, says Citadel founder and CEO Ken Griffin.

Persons: Dow, Janus Henderson, Ken Griffin Organizations: CNBC, Nasdaq, Boeing, Alaska Airlines Max, Southwest Airlines, Alaska Airlines, United, Citadel Locations: British

☆ CNBC Daily Open: Stubborn inflation is a problem for the Fed
▼ + stars: | 2024-03-13 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Despite high inflation, the BOJ hasn't really shifted from its ultra-loose monetary policy that has been in place in 2016. Rate cut pivot in 2024Central banks worldwide could make a rate cut pivot in 2024. Boeing crisis hurt airlinesCEOs from several airlines say Boeing's delivery delays have forced the carriers to change their growth plans.

Persons: Thomas Calomiris Organizations: Washington , DC, CNBC, Japan's Nikkei, Dow, Nasdaq, Bank of Japan, Economist Intelligence, Boeing, Alaska Airlines Max, Southwest Airlines, Alaska Airlines, United Locations: Washington ,, Asia, BOJ, Central, Beijing

☆ Alaska Airlines Flight Was Scheduled for Safety Check on Day Panel Blew Off
▼ + stars: | 2024-03-12 | by ( Mark Walker | James Glanz | ) www.nytimes.com time to read: +1 min

A day before the door plug blew out of an Alaska Airlines flight on Jan. 5, engineers and technicians for the airline were so concerned about the mounting evidence of a problem that they wanted the plane to come out of service the next evening and undergo maintenance, interviews and documents show. But the airline chose to keep the plane, a Boeing 737 Max 9, in service on Jan. 5 with some restrictions, carrying passengers until it completed three flights that were scheduled to end that night in Portland, Ore., the site of one of the airline’s maintenance facilities. Before the plane could complete that scheduled sequence of flights and go in for the maintenance check, the door plug blew out at 16,000 feet, minutes after embarking on the second flight of the day, from Portland to Ontario International Airport in California. The plane landed safely and no one was seriously injured, but the incident focused new attention on Boeing’s manufacturing processes and the safety procedures followed by airlines.

Organizations: Alaska Airlines, Boeing, Ontario International Locations: Portland ,, Portland, California

☆ Stocks making the biggest moves midday: Southwest, Oracle, 3M, New York Community Bancorp and more
▼ + stars: | 2024-03-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Oracle — The database software stock surged 11% and headed for its best day since December 2021 after posting fiscal third-quarter earnings that topped Wall Street's expectations. Asana — The stock shed about 11% after the work management platform issued weak full-year revenue guidance. Asana said to expect revenue between $716 million and $722 million, less than the forecast of $725 million estimated by analysts polled by LSEG. American is expecting an adjusted loss of 15 cents to 35 cents per share, versus a 22 cent loss expected from analysts polled by FactSet. On lost 0.05 Swiss franc per share, while analysts polled by StreetAccount expected On to earn 0.10.

Persons: Oracle, William Brown, Asana, Microstrategy, Canaccord, TD Cowen, Dan Loeb's, StreetAccount, Archer, Daniels, Samantha Subin, Lisa Han, Alex Harring, Sarah Min Organizations: Southwest Airlines —, Boeing, Southwest, Oracle, L3Harris Technologies, LSEG, Wall Street, Boeing —, New York Times, Max, Alaska Airlines, Acadia Pharmaceuticals, American Airlines —, FactSet, Management, Advance, Swiss, Revenue, Daniels, Midland, Daniels Midland, . New York Community Bancorp Locations: .

☆ The FAA found staff at Boeing's supplier using liquid Dawn soap as lubricant for a 737 Max door seal: NYT
▼ + stars: | 2024-03-12 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Mechanics at a Boeing supplier used liquid soap as a lubricant to fit a 737 Max door seal, per NYT. The instance was mentioned in a document discussing FAA audits of Boeing and its supplier, per NYT. This particular supplier, Spirit AeroSystems, is in charge of building the 737 Max's fuselage. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe Federal Aviation Administration auditors saw mechanics for a Boeing supplier using liquid Dawn soap as a lubricant for fitting a door seal, The New York Times reported.

Persons: —, Mark Walker, Max, Dave Calhoun Organizations: Boeing, Service, Aviation Administration, New York Times, FAA, The Times, Alaska Airlines, Times, Business, Spirit

☆ A former Boeing manager turned whistleblower has been found dead with a 'self-inflicted' wound, the authorities say
▼ + stars: | 2024-03-12 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

John Barnett, 62, worked for over three decades at Boeing, including as a quality manager at a 787 plant. AdvertisementA former Boeing manager who flagged concerns about the aircraft manufacturer's quality standards was found dead in South Carolina on Saturday. Boeing told Business Insider in a statement: "We are saddened by Mr Barnett's passing, and our thoughts are with his family and friends." AdvertisementBarnett's lawyer, Brian Knowles, said the former Boeing manager was supposed to report for the third day of his deposition on Friday, per the Corporate Crime Reporter. Barnett's lawyers asked his hotel to check on the whistleblower, and he was found dead in his vehicle, Knowles told the Corporate Crime Reporter.

Persons: John Barnett, Barnett, —, Mr Barnett's, I'd, Barnett's, Brian Knowles, Knowles Organizations: Boeing, Service, BBC, Business, New York Times, Federal Aviation Administration, Alaska Airlines, Latam Airlines Locations: South Carolina, Charleston, North Charleston

☆ FAA audit of Boeing's 737 Max production reportedly found 'dozens of issues'
▼ + stars: | 2024-03-12 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

An Alaska airlines Boeing 737 is taking off from Los Angeles International AirPort (LAX) in Los Angeles, California, on March 6, 2024. U.S. air safety regulators found "dozens of problems" at facilities owned by Boeing and one of its key suppliers after a six-week audit of the production of the 737 Max jet, according to The New York Times. The Federal Aviation Administration started the probe after a door panel blew off a 737 Max 9 flight on Alaska Airlines in early January, an incident that has attracted intense scrutiny of Boeing's quality-control practices. FAA auditors found that out of 89 product audits that were conducted, Boeing passed 56 tests and failed 33 of them, according to the report. During the six-week audit, the FAA also conducted 13 product audits that focused on Spirit AeroSystems, which makes fuselages for the Boeing 737 Max — of those, only six audits resulting in passing grades, and seven failed, the NYT said.

Persons: Max — Organizations: Boeing, Los Angeles International AirPort, The New York Times, Federal Aviation Administration, Max, Alaska Airlines, Times, FAA Locations: Alaska, Los Angeles , California

A former Boeing manager who raised safety questions about the aircraft maker has been found dead outside a hotel in South Carolina, according to local authorities. Police noted “the global attention this case has garnered.”Barnett was a longtime Boeing employee and worked as a quality-control manager before he retired in 2017. “He said that Boeing had a culture of concealment and was putting profits over safety.”Rodney Barnett said working at Boeing created stress for John. In 2019, Barnett told The New York Times about quality issues at Boeing’s factory in South Carolina, where the 787 jetliner is assembled. ___James Pollard in Columbia, South Carolina, contributed to this report.

Persons: John Barnett, ” Barnett, “ John, ”, Rodney, “, ” Rodney Barnett, John, Barnett’s, Barnett, Max, ___, ___ James Pollard Organizations: Boeing, Coroner’s, Police, Associated Press, New York Times, BBC, Alaska Airlines Locations: South Carolina, Charleston, Louisiana, Boeing’s, Columbia , South Carolina

☆ Boeing is in big trouble
▼ + stars: | 2024-03-12 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

LATAM called it a “technical event.” Boeing said it’s working to gather more information. Between lawsuits, potential fines and lost business, Boeing could lose billions more dollars from the blowout. In February, pilots on a United Airlines 737 Max reported that the flight controls jammed as the plane landed in Newark. The FAA is allowing the planes to continue flying and Boeing said the problem does not pose an immediate safety risk. And the FAA said Boeing’s safety and quality problems extend beyond its inability to produce paperwork.

Persons: CNN —, LATAM, it’s, Max, Mike Whitaker, ” Whitaker, Whitaker, “, ” Boeing’s, It’s, CNN’s Colin McCullough, Greg Wallace Organizations: CNN, Boeing, Alaska Airlines, United Airlines, The National Transportation Safety, Federal Aviation Administration, FAA, NTSB Locations: Australia, New Zealand, Newark

☆ Boeing's Max problems shift growth plans at major airline customers
▼ + stars: | 2024-03-12 | by ( Leslie Josephs | ) www.cnbc.com time to read: +4 min

An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Boeing 's latest Max crisis is forcing some of its biggest customers to rethink their growth plans this year — and possibly beyond, several airline CEOs said Tuesday. "Boeing needs to become a better company and the deliveries will follow that," Southwest Airlines CEO Bob Jordan said at a JPMorgan industry conference Tuesday. In January, Kirby said the airline would build a fleet plan without the Max 10 because of the delays. On Friday, United told staff that it would have to pause pilot hiring this spring because new Boeing planes are arriving late, CNBC reported.

Persons: Bob Jordan, Scott Kirby, Max, Kirby, United, Dave Calhoun, Stan Deal, Deal Organizations: Boeing, Max, Boeing Factory, Southwest Airlines, Southwest, JPMorgan, Alaska Airlines, Federal Aviation Administration, Department, United Airlines, FAA, CNBC, Transportation Safety Locations: Renton , Washington, Washington

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