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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

☆ An American Airlines flight made a 'hard landing' at Maui's airport, sending 6 people to the hospital
▼ + stars: | 2024-01-28 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +2 min

Read previewThe FAA is investigating after six people were hospitalized following an incident on an American Airlines flight to Hawaii on Saturday. The plane made a "hard landing" at Kahului Airport in Maui at 2 p.m. on Saturday after arriving from Los Angeles, the FAA told Business Insider in a statement. American Airlines meanwhile told BI the plane "experienced an issue" while landing but it taxied to the gate and everyone left the plane normally. The airline said one customer and five flight attendants were transported to the hospital following the flight. AdvertisementAccording to the Maui airport, the flight was scheduled to arrive at 12:47 p.m. but didn't arrive until 2 p.m.," NBC News reported.

Persons: —, didn't, Mike Whitaker Organizations: Service, American Airlines, Kahului, FAA, Business, American, NBC, Los Angeles International Airport, Maui Police Department, Hawaii, Boeing Max, Alaska Airlines, Boeing Locations: Hawaii, Maui, Los Angeles

☆ American Airlines’ hard landing on Maui sends 6 to hospital
▼ + stars: | 2024-01-28 | by ( ) www.cnbc.com time to read: 1 min

American Airlines planes sit at the gate at Los Angeles International Airport (LAX) in Los Angeles, California, on July 26, 2023. An American Airlines flight from Los Angeles made a hard landing at Maui's main airport, sending five flight attendants and one passenger to the hospital. Flight 271 arrived at Kahului Airport around 2 p.m. Saturday, according to the Federal Aviation Administration, which said it was investigating. Neither American Airlines nor the FAA provided additional details. The Airbus 320 was carrying 167 passengers and seven crew, according to the airlines.

Organizations: Airlines, Los Angeles International Airport, An American Airlines, Kahului Airport, Federal Aviation Administration, American Airlines, FAA, Airbus Locations: Los Angeles , California, Los Angeles

☆ Earnings playbook: Your guide to the busiest week of the reporting season
▼ + stars: | 2024-01-28 | by ( Fred Imbert | ) www.cnbc.com time to read: +10 min

What history shows: GM beats earnings estimates 87% of the time, according to data from Bespoke Investment Group. Alphabet is set to report earnings after the close. What history shows: Alphabet averages a 1.45% gain after reporting earnings, Bespoke data shows. What history shows: Amazon exceeds earnings expectations 63% of the time, according to Bespoke. What history shows: Meta shares have risen in three of the last four earnings days, per Bespoke, including a 23.3% rally.

Persons: Bard chatbot, Gus Richard, David Palmer, Palmer, MSFT, Jordan Novet, bode, Leslie Josephs, Max, Alaska's, AAPL, AMZN, Mark Zuckerberg Organizations: Meta, Apple, ., Motors, CNBC, Tuesday, United Auto Workers, LSEG, Investment, AMD, Starbucks, Microsoft, Management, Wednesday Boeing, Alaska Airlines, FAA, Boeing, United Airlines, Web, Mizuho Securities, Nvidia Locations: Northland, China, Alaska

HONOLULU (AP) — An American Airlines flight from Los Angeles made a hard landing at Maui's main airport, sending five flight attendants and one passenger to the hospital. Flight 271 arrived at Kahului Airport around 2 p.m. Saturday, according to the Federal Aviation Administration, which said it was investigating. Neither American Airlines nor the FAA provided additional details. The Airbus 320 was carrying 167 passengers and seven crew, according to the airlines. This material may not be published, broadcast, rewritten or redistributed.

Organizations: American Airlines, Kahului Airport, Federal Aviation Administration, FAA, Airbus, Associated Press Locations: HONOLULU, Los Angeles

Alaska Airlines has begun flying Boeing 737 Max 9 jetliners again for the first time since they were grounded after a panel blew out of the side of one of the airline's planes. They said they resumed flying the Max 9 with a flight from Seattle to San Diego on Friday afternoon. Alaka Airlines and United are the only two U.S. airlines that operate this particular model of the Boeing 737. The Federal Aviation Administration has detailed the process that airlines must follow to inspect — and if necessary, repair — the panels called door plugs, one of which broke loose on Alaska Airlines flight 1282 on Jan. 5. The FAA grounded all Max 9s in the U.S. the day after the blowout.

Persons: jetliners, Max Organizations: Alaska Airlines, Boeing, Max, Federal Aviation Administration, Alaska, FAA, Alaka Airlines Locations: Seattle, San Diego, Oregon, U.S

☆ Travelpro Carry-On review: Our top pick for a soft-sided carry-on has tons of thoughtful extras and plenty of storage
▼ + stars: | 2024-01-26 | by ( Hannah Freedman | Lauren Savoie | Former Associate Travel Editor | ) www.businessinsider.com time to read: +8 min

If you happen to be a fan of soft-sided suitcases, consider the Travelpro Platinum Elite Expandable Carry-On, which I named my top overall soft-side carry-on pick. Plus, it comes with some handy extras that help set it apart, and offers exceptional quality for the price. This bag comes in nine color options: Shadow Black, Intrigue Black (a more textured look), Rich Espresso, Vintage Grey, Bordeaux, True Navy, Metallic Sand, Olive Green, and Coastal Blue. And for extra peace of mind, this suitcase comes with a 100-day trial period and a lifetime warranty against any defects. AdvertisementThe bottom lineFor a high-quality bag that should last you years, the Travelpro Platinum Elite Expandable Carry-On is an excellent option.

Persons: I've, Hannah Freedman, Rich, Olive Green, Travelpro, Briggs Organizations: True Navy, Aviation Administration, FAA, Riley Locations: Grey, Bordeaux

CNN —Boeing’s 737 Max 9 model returned to service Friday afternoon when Alaska Airlines flight 1146 departed Seattle at approximately 3:51pm local time (6:51pm ET) bound for San Diego. It is the first revenue flight for this model since the Federal Aviation Administration grounded the Boeing jets three weeks ago following a door plug blowout on Alaska Airlines flight 1282. Alaska Airlines COO Constance von Muehlen took the flight and sat in the seat next to the door plug, telling CNN she has full confidence in the aircraft. The first flight is one of three flights Alaska Airlines has scheduled on Max 9 jets for Friday. Alaska Airlines CEO Ben Minicucci said Thursday he is not concerned with passengers avoiding the Max 9.

Persons: CNN —, Max, Constance von Muehlen, Sarah Edgbert, it’s, ” Edgbert, “, ” Kent, Doug Bowman didn’t, —, Ben Minicucci Organizations: CNN, Alaska Airlines, Federal Aviation Administration, Boeing, 9pm, United Airlines —, FAA, Max, . United Airlines Locations: Seattle, San Diego, Alaska

☆ Why airlines plug up emergency exits
▼ + stars: | 2024-01-25 | by ( Amy Fraher | ) edition.cnn.com time to read: +6 min

However, as a former United Airlines pilot now lecturing in Yale University’s School of Management, I believe the wrong questions are being asked about what happened on Alaska Airlines Flight 1282. The question we need to ask is: Why wouldn’t an airline use all of an aircraft’s emergency exits? Others, such as emergency exits, are more opaque to travelers. NTSB/Handout/ReutersWhy you get more emergency exits in IndonesiaIn the US, airlines must comply with federal aviation regulations, which dictate aircraft maintenance procedures and in-flight personnel assignments – and minimum standards for emergency exits. That’s precisely what happened with Alaska Airlines Flight 1282 – and how “door plug” suddenly entered the American vernacular.

Persons: –, Amy Fraher Organizations: CNN, Boeing, Federal Aviation Administration, Alaska Airlines, United Airlines, Yale University’s School of Management, National Transportation Safety, Transportation Safety Board, NTSB, Alaska Airlines Max, FAA, Southwest Airlines, Ryanair, United, Yale University Locations: Alaska, Portland , Oregon, Indonesia, Jakarta, United States, Ireland, U.S, American, Southwest

☆ Southwest Airlines takes Boeing Max 7 out of 2024 plans because of certification delays
▼ + stars: | 2024-01-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Southwest Airlines has taken the Boeing 737 Max 7 out of its fleet plans as regulators haven't yet certified the smallest model of the manufacturer's best-selling plane. Southwest became the latest of the major airlines this week to rethink its fleet plans because of certification delays at Boeing. Earlier this week, United Airlines said it was removing the the 737 Max 10, the largest model of the Max family, from its internal fleet plans after delays with certification. Scrutiny on Boeing has mounted in recent weeks after a door panel blew out midflight from a 737 Max 9 that was operated by Alaska Airlines on Jan. 5, prompting the FAA to ground that model. FAA Administrator Mike Whitaker told CNBC earlier this week that even before the Alaska Airlines incident, the agency had concluded it needed a more "hands-on approach" with the certification of the Max 7 and Max 10 aircraft.

Persons: Max, Mike Whitaker, Whitaker Organizations: Southwest Airlines, Boeing, Max, United Airlines, Alaska Airlines, FAA, CNBC Locations: Alaska

☆ United and Alaska Airlines will start flying the stricken Boeing 737 Max 9 again within days
▼ + stars: | 2024-01-25 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Read previewThe Boeing 737 Max 9 will return to the skies on Friday, three weeks after the Alaska Airlines blowout, the carrier announced Wednesday. According to Reuters, United Airlines — the biggest operator of the Max 9 with 79 of them — said it will start flying the jet again from Sunday. "It makes me angry," Alaska Airlines CEO Ben Minicucci told NBC. Not all the Max 9 jets will immediately return to service because some haven't been through the full inspection process yet. Alaska Airlines expects all its inspections to be completed over the next week.

Persons: —, Max, Ben Minicucci, Scott Kirby, Mike Whitaker Organizations: Service, Boeing, Alaska Airlines, Business, Reuters, United Airlines —, Federal Aviation Administration, Portland International, National Transportation Safety, NBC, CNBC, FAA Locations: Alaska

Analyst Ronald Epstein downgraded the stock to neutral from buy and lowered his price target to $225 from $255. The new price target implies just 5% upside from Wednesday's close. Analyst Jed Kelly has an outperform rating and $44 price target on shares, implying 14.4% upside potential since Thursday's close. Analyst Wamsi Mohan reiterated his buy rating on the stock and raised his price target to $200 from $170. Analyst Michael Sison lowered his price target to $69 from $85, implying just 7.5% upside from Wednesday's close.

Persons: Hertz, Ronald Epstein, Epstein, — Hakyung Kim, Oppenheimer, Jed Kelly, Kelly, DraftKings, aren't, Wamsi Mohan, Mohan, JPMorgan's Brian Essex, David Vogt, Essex, Vogt, Wells, DuPont Wells, —, Michael Sison, Sison, Kim, Downside, Tesla, Tesla's, Morgan Stanley's Adam Jonas, Jonas, Joseph Spak, inched, TSLA, Spak, Goldman Sachs, Mark Delaney, Dan Levy, Levy, Colin Langan, Langan, Toni Sacconaghi, Bernstein, JPMorgan downgrades, Ryan Brinkman, Fred Imbert Organizations: CNBC, Tesla, EV, Hertz, JPMorgan, Bank of America, Boeing, Alaska Airlines, of America, Federal Aviation Administration, FAA, IBM, UBS, PTI, bps, DuPont, DuPont de Nemours, Barclays, JPMorgan downgrades Hertz Locations: Alaska, Draftkings, Essex, Wednesday's, Wells Fargo, China, 2H24, Europe

☆ FAA paves way for Boeing 737 Max 9 to resume flying, but it won't be 'back to business as usual' for the embattled aviation manufacturer
▼ + stars: | 2024-01-25 | by ( Erin Snodgrass | Lloyd Lee | ) www.businessinsider.com time to read: +3 min

The FAA subsequently grounded all models of the Boeing 737 Max 9 after the incident, leading to flight cancellations and frustration among airline executives. "Let me be clear: This won't be back to business as usual for Boeing," FAA Administrator Mike Whitaker said in a Wednesday statement. The agency has halted all further expansion production on Boeing 737 Max 9s until it is "satisfied" that the aircraft's quality control issues are resolved. In-house safety inspections of Alaska Airlines's fleet of Boeing 737 Max 9s following the initial incident revealed that there were "many" loose bolts found on the jets. The FAA's new safety guidelines for the 737 Max 9s come after a review of data stemming from 40 inspections of the grounded planes, the agency said.

Persons: —, Mike Whitaker, Max, Whitaker, Stan Deal Organizations: Service, Boeing, Max, Alaska Airlines, Business, Federal Aviation Authority, FAA, National Transportation Safety Locations: Alaska Airlines's, Alaska

☆ Sen. Blumenthal on Boeing investigation: We're not doing enough about airline safety
▼ + stars: | 2024-01-25 | 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 EmailSen. Blumenthal on Boeing investigation: We're not doing enough about airline safetySen. Richard Blumenthal (D-Conn.) joins 'Squawk Box' to discuss the latest developments on the Boeing investigation, his letter to the FAA, why he's calling for the agency to update its rules on cockpit voice recorders, and more.

Persons: Email Sen, Blumenthal, We're, Sen, Richard Blumenthal Organizations: Email, Boeing, FAA

Alaska Airlines plans to resume flights with its Max 9s on Friday, and United aims to follow suit on Sunday. United Airlines made similar similar findings. Travelers returned to the Boeing 737 Max 8 after two of them crashed in 2018 and 2019, killing 346 people. In that case, Boeing had to redesign an automated flight-control system before the FAA would let Max 8s and Max 9s resume flying after a 20-month grounding. In addition, the FAA says it won't let Boeing expand production of Max jets until it's satisfied that quality-control concerns about the company have been resolved.

Persons: Max, Mike Whitaker, Ben Minicucci, “, Scott Keyes, Scott Kirby Organizations: Boeing, Max, Alaska Airlines, Federal Aviation Administration, FAA, NBC, United Airlines, Travelers, U.S . Department of Transportation, Airline, BOEING, Alaska, Airbus, U.S ., United Locations: United States, United, Oregon, U.S, Portland , Oregon, Alaska

☆ Before part of an Alaska Airlines plane blew off, Boeing had removed and adjusted it, reports say
▼ + stars: | 2024-01-25 | by ( David Goldman | ) edition.cnn.com time to read: +6 min

Boeing and Spirit AeroSystems are under multiple investigations that probe their safety policies and procedures. Boeing said it couldn’t comment on the reports about what may have led to the door plug blowing off the plane, citing the ongoing investigation. The process also includes tightening fasteners and performing “detailed inspections of…dozens of associated components.”FAA on Sunday also required airlines to ensure older Boeing 737 planes with similar door plugs were secure. The FAA said airlines operating the Boeing 737-900ER model should visually inspect the planes but didn’t require them to be grounded. Two Max variants — the Max 7 and the Max 10 — are still awaiting approval to begin carrying passengers.

Persons: Max, AeroSystems, Washington Democratic Sen, Maria Cantwell, ”, David Calhoun, Jennifer Homendy, Ben Minicucci, Lester Holt, Mike Whitaker, Whitaker, “, —, Wells Organizations: New, New York CNN, Boeing, Alaska Airlines, New York Times, Seattle Times, Federal Aviation Administration, National Transportation Safety, Washington Democratic, Senate, US National Transportation, ” Boeing, Max, NBC, FAA, ., Sunday Locations: New York, . Airlines, Alaska, United, Indonesia, Ethiopia

☆ The 737 Max grounding will cost Alaska Airlines $150 million
▼ + stars: | 2024-01-25 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —The grounding of the 737 Max 9 after a January 5 incident that blew a hole in the side of an Alaska Airlines plane earlier this month will cost the airline about $150 million, Alaska announced Thursday. The door plug blew off an Alaska Airlines flight on January 5, leaving a gaping hole in the side of the plane. While no passengers were killed, the incident led the Federal Aviation Administration to order a grounding of all 737 Max 9 jets. Alaska Airlines CEO Ben Minicucci told NBC in an interview Tuesday that the carrier found “some loose bolts on many” Boeing 737 Max 9 during its inspections. Alaska and United are the only US airlines with the 737 Max 9 jet in their fleets.

Persons: Max, Ben Minicucci, “, ”, Robert Isom, It’s Organizations: New, New York CNN, Alaska Airlines, Federal Aviation Administration, FAA, Alaska Air, NBC, Boeing, Max, Refinitiv, Southwest Airlines, American, CNBC Locations: New York, Alaska, United

☆ China takes delivery of Boeing 737 Max in show of support for troubled plane maker
▼ + stars: | 2024-01-25 | by ( Xiaofei Xu | Chris Isidore | ) edition.cnn.com time to read: +2 min

Hong Kong/New York CNN —Boeing has delivered its first 737 Max to a Chinese airline for the first time in nearly five years, according to flight data, in a rare spot of good news for the embattled company. According to flight tracking website Flightradar 24, China Southern Airlines flight CZ5073 departed from Boeing Field in Seattle, Washington, on Wednesday for China via Honolulu. The use of the airline’s flight number, instead of a Boeing one, suggests the ownership of the plane has already been transferred. The plane, a 737 Max 8 according to flight data, was built in September 2019 and has been parked in Boeing’s Seattle factory since then, according to flight tracking sites Flightradar 24 and Aviation Flights. In December, the trade publication the Air Current said Boeing had won a key clearance from China’s aviation regulator, the Civil Aviation Administration of China (CAAC), allowing Boeing to prepare Max aircraft for delivery, Reuters reported.

Persons: Max, CZ5073, haven’t Organizations: New York CNN, Boeing, Max, China Southern Airlines, Boeing Field, Aviation, US Federal Aviation Administration, FAA, CNN, Current, Civil Aviation Administration of China, Reuters Locations: Hong Kong, New York, Seattle , Washington, China, Honolulu, Boeing’s Seattle, Indonesia, Ethiopia

☆ Unruly passengers were a problem before the pandemic. Now they’re even worse
▼ + stars: | 2024-01-24 | by ( Francesca Street | ) edition.cnn.com time to read: +18 min

Levels of unrulinessIATA classifies unruly behavior incidents into four levels. The latest available IATA data, from 2022, indicates most disruptive passenger incidents involved non-compliance, verbal abuse and intoxication. Passengers refusing to wear masks was a contributing factor to the rise in unruly incidents during that period. Ronaldo Schemidt/AFP/Getty ImagesOf the 5,981 unruly passenger incidents reported to the FAA in 2021, 4,290 were face mask-related. “If you are a potentially unruly passenger, do you really not become unruly because you saw some zero tolerance unruly behavior video?” he questions.

Persons: Philip Baum, Baum, “, ” Baum, stank, ‘ Philip, can’t, ’ ”, –, Susannah Carr, ”, There’s, Liz Simmons, Simmons, Ronaldo Schemidt, It’s, Kris Major, Mizuki Urano, ” John Franklin, Franklin, EASA’s, there’s, Aleksandra Kapela, Kapela, ” Kapela, Sta Rosa, restaffing, “ We’re, ” There’s, Philip Baum’s, Polly Hilmarsdóttir, Daniela Modnesi, Modnesi, it’s, Jim Vondruska, they’re, we’ve, EASA’s Franklin, EASA, “ We’ve Organizations: CNN, CNN Travel, Transport Security International Magazine, Management, International Air Transport Association, European Aviation Safety Agency, Federal Aviation Authority, FAA, American, European Union Aviation Safety Agency, International Civil Aviation Organization, Japan Airlines, Staffing, Aviation, European Transport Workers ’ Federation, FBI, TSA, Airlines, Dutch, KLM, Nippon Airways, ANA, American Airlines Locations: Oceania, AFP, Icelandair, Tokyo, Montreal, Europe, Texas

☆ Alaska CEO is the 2nd airline boss in a day to slam Boeing — and says he's 'mad' and 'angry'
▼ + stars: | 2024-01-24 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

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 —Boeing CEO David Calhoun’s Wednesday was decidedly a mixed bag: The Federal Aviation Administration finally approved a set of inspection criteria for the 171 grounded 737 Max 9 planes that, if followed, could return the aircraft to service. And the FAA said it would not grant any production expansion of the 737 Max lineup while its safety probe of Boeing continues. “We fly safe planes,” Calhoun said to reporters assembled on Capitol Hill. A week earlier, Calhoun acknowledged the company made a “mistake” at a staff-wide safety meeting, but he did not specify what that mistake was. Two Max variants — the Max 7 and the Max 10 — are still awaiting approval to begin carrying passengers.

Persons: David Calhoun’s, Max, Mike Whitaker, United, Whitaker, ”, “, Mr, Calhoun, ” Calhoun, Washington Democratic Sen, Maria Cantwell, ” Cantwell, Jennifer Homendy, —, Wells Organizations: New, New York CNN, Boeing, Federal Aviation Administration, FAA, Alaska Airlines, Airlines, Washington Calhoun’s, Washington, Capitol, Washington Democratic, Senate, National Transportation Safety Locations: New York, Alaska, United, Washington, Wells, Indonesia, Ethiopia

The official, Mike Whitaker, said the FAA would not agree to any Boeing request to expand production of Max planes until the agency is satisfied that quality-control concerns have been addressed. The move came on the same day that a key senator indicated that Congress will join the scrutiny of Boeing. The National Transportation Safety Board is investigating the accident on an Alaska Airlines Max 9. Investigators are building a timeline of the door plug that failed, from the early stages of its production to the flight on which it blew off the plane. The Federal Aviation Administration is looking into whether Boeing and its suppliers followed proper safety procedures during manufacturing.

Persons: Mike Whitaker, Max, Sen, Maria Cantwell, David Calhoun, jetliner, Cantwell, Calhoun, ” Organizations: WASHINGTON, —, Boeing, Max, Federal Aviation Administration, Alaska Airlines Boeing, FAA, Senate Commerce, Science, Transportation Committee, National Transportation Safety, Alaska Airlines Max, NTSB Locations: Oregon, Portland , Oregon, Renton , Washington

Alaska Airlines N704AL, a 737 Max 9, which made an emergency landing at Portland International Airport on January 5 is parked at a maintenance hanger in Portland, Oregon on January 23, 2024. Boeing CEO Dave Calhoun met with several U.S. senators Wednesday on Capitol Hill as scrutiny on the company's leaders intensifies over a blown door plug on one of the company's 737 Max 9 planes. "I'm here today in the spirit of transparency ... [and to] answer all their questions, because they have a lot of them," Calhoun told reporters. Earlier Wednesday The Seattle Times reported that the fuselage panel that blew out during the Alaska Airlines flight, manufactured by Spirit AeroSystems , was removed for repair and then improperly reinstalled by Boeing's mechanics, not Spirit's. The stock is down more than 10% since the Jan. 5 Alaska Airlines incident.

Persons: Dave Calhoun, Calhoun, It's, Mike Whitaker, Sen, Dan Sullivan, Sullivan, Spirit AeroSystems, AeroSystems Organizations: Alaska Airlines, Portland International Airport, Boeing, Capitol, Federal Aviation Administration, FAA, CNBC, Republican, Aviation, The Seattle Times, Spirit, U.S . National Transportation, Seattle Times, NTSB Locations: Portland , Oregon, Alaska, Calhoun

☆ Premarket stocks: why over-optimistic investors may want to pump the brakes
▼ + stars: | 2024-01-24 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

There’s plenty for investors to celebrate right now, but a look under the hood reveals quite a bit of decay. But it’s largely Big Tech that’s driving markets higher, and that concentration of gains in so few stocks carries inherent risk. But investors are adjusting expectations: Investors eventually get used to strong data, and come to expect it. “It’s hard for data to keep surprising in the same direction, since investors simply adjust their expectations,” said Allen. Just one month ago, more than 75% of investors thought the central bank would cut rates at their March meeting.

Persons: Bell, Debbie Downer, Wall, Dow, Germany’s DAX, Henry Allen, ”, Allen, Christopher Waller, That’s, Bill Gates, Larry Fink, Chris Isidore, “ I’m, Scott Kirby, they’ve, ” Kirby, Boeing Max, Max, Kirby, “ We’re, Samantha Delouya, Amy Reinhard, Netflix’s, “, we’ve Organizations: CNN Business, Bell, New York CNN, Nvidia, Microsoft, Investment, Deutsche Bank, Big Tech, Federal Reserve, University of, National Association of Business Economics, University of Michigan, Fed, ” Financial, BlackRock, Boeing United Airlines, Boeing, United, CNBC, Alaska Airlines, Federal Aviation Administration, United Airlines, Refinitiv, Max, FAA, Netflix Locations: New York, Europe

☆ FAA chief vows 'boots on the ground' at Boeing until quality control system is working
▼ + stars: | 2024-01-24 | by ( Leslie Josephs | ) www.cnbc.com time to read: +5 min

"Until we're comfortable that the [quality assurance] system is working properly ... we're going to have boots on the ground," he said. United, which has 79 Boeing 737 Max 9 planes in its fleet, more than any other carrier, said Monday it's assuming the planes will remain grounded through the end of January. He said United is taking the larger variant, the 737 Max 10, out of its fleet plans, because of lengthy delivery delays. Those accidents involved the 737 Max 8, a smaller variant of the same aircraft family. This photo released by the National Transportation Safety Board shows the door plug from Alaska Airlines Flight 1282 on Monday, Jan. 8, 2024, in Portland, Ore. National Transportation Safety Board via AP

Persons: Michael Whitaker, Drew Angerer, —, Mike Whitaker, Max, We've, Whitaker, It's, John Lovell, they've, Scott Kirby, Ben Minicucci, Stan Deal Organizations: Federal Aviation Administration, FAA, Commerce, Science, Capitol, Getty, Getty Images WASHINGTON, CNBC, Boeing, Alaska Airlines, United Airlines, National Transportation Safety Board, National Transportation, AP, Max, Airlines, NBC, Deal, Transportation Locations: Washington ,, Alaska, Portland , Oregon, Renton , Washington, Portland , Ore

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