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☆ Why Donald Trump loves his Boeing 757 private jet even though almost everyone else ditched the plane
▼ + stars: | 2024-06-13 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +7 min

AdvertisementThere's a common saying in the business-aviation industry: The private jet isn't a luxury; it's a time machine. The point of a private jet is to save its occupant time and increase their productivity. AdvertisementThe old (top) and new (bottom) paint jobs on Trump's Boeing 757 private jet. AdvertisementTrump aboard his Boeing 757 private jet. But what stands out the most about the Boeing 757 is that it's the muscle car of the airline world.

Persons: —, there's, Donald Trump's, it's, Thomas Pallini, Donald, Trump, Gene J, Paul Allen, N757AF, Taylor Swift, John Minchillo, James Devaney, Drake, Andrew Milligan, Royce RB211, Whitney Organizations: Service, Boeing, Business, Bombardier, Gulfstream, Bombardier Global, Trump, New York Times, Trump Force, AP Trump, Microsoft, Sterling Airlines, TAESA, DHL, FedEx, Qatari, Images, Pratt, Airbus, Shanghai Airlines, Delta Air Lines Locations: Danish, Delta, Saudi, Paris, New York, Renton , Washington

☆ Trump's Boeing 757 isn't the perfect private jet, but it's perfect for him
▼ + stars: | 2024-06-13 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +7 min

The point of a private jet is to save its occupant time and increase their productivity. AdvertisementThe old (top) and new (bottom) paint jobs on Trump's Boeing 757 private jet. AdvertisementTrump onboard his Boeing 757 private jet. But what stands out the most about the Boeing 757 is that it's the muscle car of the airline world. Trump's Boeing 757 before receiving a new livery in 2022.

Persons: —, Donald Trump's, it's, Thomas Pallini, Donald, there's, Trump, Gene J, Paul Allen, N757AF, Taylor Swift, John Minchillo, James Devaney, Drake, Andrew Milligan, Royce RB211, Whitney Organizations: Service, Boeing, Business, Bombardier, Gulfstream, Bombardier Global, Trump, New York Times, Trump Force, AP Trump, Microsoft, Sterling Airlines, TAESA, DHL, FedEx, Qatari, Saudi Royal Families, Images, Pratt, Airbus, Shanghai Airlines, Delta Air Lines Locations: Danish, Delta, Paris, New York, Boeing's Renton , WA

☆ Boeing sales remain stalled
▼ + stars: | 2024-06-11 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —Boeing reported another weak month for new plane orders as it struggles to overcome questions about safety and production problems with its commercial jets. The company reported it took orders for only four new jets in May, all for the 787 Dreamliner, and none for the troubled 737 Max. That was down from even the modest orders of seven gross orders in April, and far below the order of 69 jets it reported in May 2023. Orders for Boeing jets have fallen sharply, for the most part, from the strong sales it reported in 2023, including a monthly record for orders in December, due to airlines’ eagerness to expand their capacity to meet increased passenger travel demand. Shares of Boeing, a component of the Dow Jones industrial average, fell more than 3% on the report.

Persons: Max Organizations: New, New York CNN, Boeing, American Airlines, FAA, Alaska Airlines, Dow Locations: New York

☆ A British Airways flight to nowhere went across the Atlantic before turning back and flying 2,300 miles home after a technical issue
▼ + stars: | 2024-06-11 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

A British Airways flight lasted nine hours but ended up back where it started after a technical issue. The Boeing 787 reached Newfoundland before turning back across the Atlantic to London Heathrow. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDozens of British Airways passengers endured a nine-hour "flight to nowhere" after crossing the Atlantic twice. This story is available exclusively to Business Insider subscribers.

Persons: —, Dreamliner Organizations: British Airways, Boeing, London Heathrow, Service, British, Atlantic, Monday's, Business Locations: Newfoundland, London, Houston, Flightradar24

☆ 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

☆ Managers at Boeing's largest factory 'hound mechanics' to keep quiet about safety concerns, employee says
▼ + stars: | 2024-06-02 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

Read previewManagers at Boeing's largest factory in Everett, Washington, "will hound mechanics" to keep quiet about safety and quality assurance concerns, a mechanic who has worked for the company for more than three decades told The Guardian. Boeing's Everett site, one of the world's largest manufacturing buildings, produces the 747, 767, 777, and 787 airplanes. The factory is also responsible for fixing the 787 Dreamliner, and the unnamed mechanic told the Guardian that it was "full of" faulty 787 jets waiting to be mended. Many of the planes arriving at Everett come from Boeing's 787 Dreamliner Final Assembly building in South Carolina, which it opened in 2011. AdvertisementFollowing the Alaska blowout incident, the FAA ordered Boeing to produce an action plan to address its safety issues.

Persons: —, Boeing's Everett, Max, Sam Salehpour, shim, Michael Whitaker, Sheikh Ahmed bin Saeed Al Maktoum Organizations: Service, Boeing's, Guardian, Business, Boeing, Everett, Alaska Airlines, Federal Aviation Authority, FAA, CNBC Locations: Everett , Washington, Everett, South Carolina, Alaska, Emirates

☆ After a string of safety issues, Boeing is about to release a plan to fix its quality problems
▼ + stars: | 2024-05-29 | by ( Gregory Wallace | ) edition.cnn.com time to read: +5 min

Washington CNN —Boeing is expected to release a plan this week to fix its endless string of safety issues that have been under federal investigation following a midflight fuselage blowout in January. Since then, the FAA and Boeing have met multiple times about the company’s progress and the plan’s scope. FAA Administrator Mike Whitaker said last week he sees the plan as only the “beginning” of a process for Boeing. Boeing later agreed to financial penalties and a deferred prosecution agreement to settle a criminal charge of defrauding US regulators. Its marching orders for the plan include addressing the audit and expert panel findings and explaining how it will integrate safety and quality assurance policies into practice.

Persons: Mike Whitaker, “ It’s, ” Whitaker, Max, Dave Calhoun, David Ryder, Whitaker, AeroSystems, Brian West, “ We’re, we’ll Organizations: Washington CNN, Boeing, Aviation Administration, FAA, ABC, Air Force, Alaska Airlines, Transportation Safety, Department of Justice, CNN, Employees, “ Locations: Portland , Oregon, Wichita , Kansas, Renton , Washington

☆ She was the first Black woman to fly in the US Air Force. Now this trailblazing pilot is getting ready for her final flight
▼ + stars: | 2024-05-23 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +9 min

“To still impart that knowledge on young people, and particularly young black women, that they can do this.”Becoming a pilot was something Claiborne, originally from Virginia, could never have imagined for herself as a young girl. When asked about the transition to flying commercial planes, Claiborne stresses that “a pilot is a pilot.”“You’re in different type organizations, but you’re still a pilot,” she adds. So this is an opportunity for her to really enjoy herself.”Increasing diversityClaiborne is committed to increasing pilot diversity and will continue to mentor young women. It’s estimated that there are less than 150 Black women pilots in the US, and Claiborne feels a huge responsibility as one of them. While this may be the end of her commercial flying career, Claiborne isn’t necessarily saying “goodbye” to piloting forever, and would love to fly a World War II aircraft one day.

Persons: CNN — She’s, Theresa Claiborne, “ I’ve, ” Claiborne, Claiborne, “, ”, I’d, ” “, Caliborne, Ruth Bader Ginsburg, you’re, I’ve, Bessie Coleman, she’s, “ I’m, it’ll, they’d, Claiborne isn’t, ‘, ’ ” Organizations: CNN, Newark Liberty International, Air Force Reserve, Corps, US Air Force, California State University, KC, United Airlines, United, ”, US Bureau of Labor Statistics, It’s, Tuskegee Airmen Locations: New Jersey, Lisbon, Portugal, Virginia, Turkey, Sacramento, Claiborne, United States, Newark , New Jersey, Paris, Newark

☆ 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

☆ American Airlines is flying 70 World War II veterans to France for the 80th anniversary of the D-Day landings
▼ + stars: | 2024-05-09 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

American Airlines announced a charter flight to France for 70 World War II veterans. AdvertisementDozens of World War II veterans will enjoy a free flight to France to commemorate the 80th anniversary of the D-Day landings. American Airlines announced Wednesday that it will fly 70 veterans aboard a chartered Boeing 787-9 Dreamliner. It will fly 60 World War II veterans directly to Normandy for the third year in a row. AdvertisementOne of the veterans being flown by AA is Frank Perry — a former pilot with Piedmont Airlines, which later became part of American.

Persons: —, Frank Perry —, Felix Maurizio, We're, David Seymour Organizations: American Airlines, Forth, Service, Boeing, Fort Worth Airport, Delta Air Lines, AA, Piedmont Airlines, Army Air Corps, US Navy, Omaha Beach Locations: France, Dallas, Forth Worth, Paris, Normandy, Omaha

☆ Boeing is celebrating the latest employee to come forward with dirt on the company 'for doing the right thing'
▼ + stars: | 2024-05-08 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Boeing is lauding an employee who reported a lapse with the 787 Dreamliner's safety checks. A senior Boeing executive said the employee should be celebrated for doing the "right thing." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe Boeing employee who raised an issue with the 787 Dreamliner's quality checks to his superiors did the "right thing," a senior executive of the company said last week. "I wanted to personally thank and commend that teammate for doing the right thing," Scott Stocker, who heads the 787 manufacturing program, said in an internal memo on April 29.

Persons: —, Scott Stocker, " Stocker Organizations: Boeing, Service, Business

☆ A Boeing 787 full of passengers was stranded in Canada's deep north after a burning smell forced an emergency landing
▼ + stars: | 2024-05-08 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

An Air France plane diverted after a burning smell was detected in the cabin. The airline had to cancel a different flight to reroute a Boeing 777 to rescue the passengers. AdvertisementAir France has been working to get passengers back on track after their plane made an emergency landing in the deep north of Canada on Tuesday. The Boeing 777 was scheduled to fly from Montreal to Paris, but that flight was canceled. Nearly 11 hours after the passengers had landed in Iqaluit, the 777 departed for New York.

Persons: — Organizations: Boeing, Service, CBC, New York, Seattle, Delta Air Locations: Air France, Canadian, Nunavut, reroute, France, Canada, Paris, Seattle, Iqaluit, Canada's Nunavut, Frobisher Bay, Montreal, New, New York

☆ Boeing is under FAA investigation after disclosing some employees didn't perform safety tests on the wings of a 787 but recorded that they did anyway
▼ + stars: | 2024-05-07 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

The FAA said on Monday that it's probing Boeing amid reports of employees not completing 787 checks. AdvertisementThe Federal Aviation Administration is investigating whether Boeing employees may have falsified plane safety records for the 787 Dreamliner, adding to the manufacturer's woes as it faces regulatory scrutiny. "The FAA is investigating whether Boeing completed the inspections and whether company employees may have falsified aircraft records," the statement said. Several former Boeing employees who became company whistleblowers have raised concerns about 787 Dreamliner production, alleging that the manufacturer was prioritizing profit over quality. AdvertisementAnother ex-employee, John Barnett, slammed 787 production for years and said he observed issues with oxygen mask deployment in the jets, which he felt weren't properly addressed.

Persons: —, Scott Stocker, " Stocker, Stocker, Max, Dave Calhoun, Sam Salehpour, John Barnett, weren't, Barnett, Joshua Dean, Spirit AeroSystems Organizations: FAA, Boeing, Service, Aviation Administration, Business, American Airlines, Spirit Locations: Charleston, South Carolina, Indonesia, Ethiopia

☆ Americans have spent their savings. Economists worry about what comes next
▼ + stars: | 2024-05-07 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

But now that extra spending money is gone, economists are concerned about what comes next. That means many Americans have more debt than savings and suggests “that American households fully spent their pandemic-era savings as of March 2024,” they wrote in a recent report. Consumer spending plays a crucial role in driving economic growth in the United States, and it has shown remarkable strength over the past two years. “A continuing strong labor market could help consumers maintain spending patterns similar to those observed recently, even without pandemic-era savings,” they wrote. What comes next: Disney, Airbnb, Uber, Anheuser-Busch, Tapestry and Dillards all report later this week — investors will look for any comments about how consumer spending, or lack thereof, is altering revenue forecasts for 2024.

Persons: Hamza Abdelrahman, Luiz Edgard Oliveira, ”, Austan Goolsbee, ’ ”, Fitch, Sarah Wyeth, Chris Kempczinski, Abdelrahman, Airbnb, Warren Buffett, Berkshire Hathaway, Greg Abel, Buffett, “, Abel, isn’t, Boeing “, Scott Stocker, Read Organizations: CNN Business, Bell, New York CNN, San Francisco Federal Reserve, Chicago Federal, Society for, ”, Shoppers, Tyson Foods, “, Disney, Anheuser, Busch, Berkshire, International Monetary Fund, Industries, Nvidia, Microsoft, FAA, Boeing, Federal Aviation Administration, CNN Locations: New York, United States, Omaha , Nebraska, Omaha, scamming

☆ FAA opens new probe into Boeing, this time involving 787 Dreamliner inspections
▼ + stars: | 2024-05-06 | by ( Gregory Wallace | ) edition.cnn.com time to read: +1 min

CNN —Investigators are probing whether Boeing employees failed to perform some quality inspections on its 787 jets, the Federal Aviation Administration said Monday. The investigation is to determine whether the inspections were conducted and “whether company employees may have falsified aircraft records,” the FAA said. While the investigation takes place, Boeing employees will inspect the Dreamliners it has not yet delivered to airline customers and will develop a plan for the planes that are currently flying, the FAA said. In April, a Boeing engineer came forward publicly with different quality allegations about several Boeing models, including the Dreamliner. Sam Salehpour claimed shortcuts during the manufacturing process meant small gaps in the fuselage of 787s may not properly be filled.

Persons: Boeing “, ”, Scott Stocker, Stocker, Sam Salehpour Organizations: CNN —, Boeing, Federal Aviation Administration, FAA, CNN

☆ F.A.A. Is Investigating Boeing Over 787 Dreamliner Inspections
▼ + stars: | 2024-05-06 | by ( Mark Walker | Niraj Chokshi | ) www.nytimes.com time to read: 1 min

The Federal Aviation Administration has opened a new investigation into Boeing after the plane maker told the regulator that it might have skipped required inspections involving the wings of some 787 Dreamliners. In a statement on Monday, the F.A.A. As part of its inquiry, the agency said it was looking into whether employees at the company may have falsified aircraft records. said that Boeing was reinspecting all Dreamliners still in production and that the company needed to create a plan to address aircraft already in service. will take any necessary action — as always — to ensure the safety of the flying public,” the statement said.

Organizations: Federal Aviation Administration, Boeing

☆ Apple's record $110 billion stock buyback is bigger than Boeing, Airbnb, and Chipotle
▼ + stars: | 2024-05-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Apple just launched a $110 billion stock buyback program, the biggest in history. Apple's new stock buyback program is more than the value of Boeing, Airbnb, and Chipotle. AdvertisementApple just launched a $110 billion stock buyback, the biggest in stock market history. Since then, the company's stock buyback programs have reduced its total share count to 15.44 billion, and at current prices, this stock buyback program would retire an additional 600 million shares. To put in perspective just how big Apple's stock buyback program is, consider these companies that have a total market value of less than $110 billion.

Persons: —, Apple, Dan Ives, Corey Lever, Eric Risberg, Chipotle, Gregory, Brandon Bell, Airbnb, ROSLAN RAHMAN Organizations: Apple, Boeing, Service, Greater, Waste, AP, Portland Press, Getty, Dell Technologies Dell, DELL Locations: Greater China, Oakland, Calif, , Texas

☆ American Airlines cuts some international flights into 2025 citing Boeing delivery delays
▼ + stars: | 2024-04-26 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. "We're making these adjustments now to ensure we're able to re-accommodate customers on affected flights," American said in a statement. Flights from New York to Barcelona will be suspended Sept. 3. Flights from Dallas/Fort Worth International to Dublin and to Rome, which were both scheduled as year-round flights, will now be suspended on Oct. 26. Flights from Chicago O'Hare to Paris will end Sept. 3 and resume next year.

Persons: John F, Boeing didn't Organizations: Boeing, American Airlines, Kennedy International, Fort Worth International, Dublin, Chicago O'Hare Locations: Barcelona, Europe, New, Athens, New York, Dallas, Rome, Chicago, Paris, Kona, Hawaii, Philadelphia, Miami, Montevideo, Uruguay, Sao Paulo, Brazil

☆ Boeing losses, problems continue to mount
▼ + stars: | 2024-04-24 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

Boeing reported a core operating loss of $388 million, or $1.13 a share, from the $440 million it lost on that basis a year earlier. Plastic covers the exterior of the fuselage plug area of Alaska Airlines Boeing 737 Max 9 where a door plug on the plane blew off on a January 5 flight. The incident has sparked new focus on problems with the safety and quality controls at Boeing. Boeing has had a string of losses and problems with its planes’ quality dating back at least five years. It also announced plans to increase production of the 737 Max throughout 2024 in order to return to sustained profitability.

Persons: “, ”, Dave Calhoun, Max Organizations: New, New York CNN, Boeing, Revenue, Alaska Airlines, Alaska Airlines Boeing, Max, NTSB, Getty, Alaska Air, United Airlines, National Transportation Safety Board, Federal Aviation Administration, Justice Department Locations: New York, Alaska, Tuesday’s

☆ Boeing expects slower production increase of 787 Dreamliner because of parts shortages
▼ + stars: | 2024-04-22 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Boeing 787 Dreamliners are built at the aviation company's North Charleston, South Carolina, assembly plant on May 30, 2023. Boeing told employees on Monday that it expects a slower increase in production and deliveries of new 787 Dreamliner planes because of supplier shortages of "a few key parts." The company had separately been trying to boost output of 787 Dreamliners after quality problems suspended deliveries for nearly two years, ending in mid-2022. "To that end, we have shared with our customers that we expect a slower increase in our rate of production and deliveries," he wrote in the memo, reported earlier by Reuters, adding that the company still plans to increase the rate steadily because of high demand. Boeing reports quarterly results and will likely detail its production plans before the market opens on Wednesday.

Persons: Scott Stocker, Stocker Organizations: Boeing, Boeing's South, Reuters Locations: North Charleston , South Carolina, Boeing's, Boeing's South Carolina

☆ Airlines That Offer 'Stopover' Programs, Some With Free Hotels
▼ + stars: | 2024-04-21 | by ( Taylor Rains | ) www.businessinsider.com time to read: +12 min

Airlines capitalize on this trend with "stopover" programs, some even offering free hotels and food. Airlines have jumped on this growing trend with built-in "stopover" programs, which can come with free or discounted hotels, excursions, transportation, and food at the layover destination. Essentially, you can't intentionally book a longer layover to quality for the free stopover hotel. Massimo Insabato/Archivio Massimo Insabato/Mondadori Portfolio via Getty ImagesSingapore Airlines' stopover program is available via the multi-city tool, similar to other carriers, where travelers can add hotels, transfers, and activities. Urbanandsport/NurPhoto via Getty ImagesTurkish Airlines' stopover program gives economy travelers a one-night free hotel stay and business flyers a two-night free stay if the period between their connecting flights in Istanbul exceeds 20 hours.

Persons: —, Robert Smith, Markus Mainka, Liang Xu, Nicolas Economou, Thomas Mukoya, Suparat, Finnair, Shutterstock Icelandair, Marcio Rodrigo Machado, Bauer, Griffin, Alexi Rosenfeld, CHARLY TRIBALLEAU, Massimo Insabato, It's, Matheus Organizations: Service, Airlines, Travelers, An Air Canada Boeing, Getty Images Air, Air France, KLM Air France, KLM, Air, China Southern Airlines, China Southern Airlines Airbus, Getty Images China Southern Airlines, Copa Airlines AP Copa Airlines, Copa, Emirates, Emirates Airbus, Getty Images Emirates, Dubai Connect, Ethiopian Airlines Ethiopian Airlines, Reuters Ethiopian Airlines, Etihad Airways, Etihad Airways Airbus, Shutterstock.com Etihad Airways, Fiji Airways Fiji Airways, Shutterstock Fiji Airways, Iberia Airbus, Japan, Japan Airlines Boeing, Japan Airlines, Latam Airlines Boeing, Latam Airlines, Hotels, An Oman Air, Getty Images Oman Air, Qantas, Getty, JAL, Oneworld, Qatar Airways, Qatar Airways Boeing, Getty Images Qatar Airways, Royal Jordanian Airlines Royal Jordanian Airlines Boeing, Getty Images Royal Jordanian Airlines, Air Lines, Swiss International Air Lines Airbus, Getty Images Swiss, Singapore Airlines, Airbus, Getty Images Singapore Airlines, Portugal, TAP Air Portugal Airbus, TAP Air Portugal, Turkish Airlines, Turkish Airlines Airbus, Getty Images Turkish Airlines Locations: Getty Images Air Canada, Canada, Air France, Xinhua, Panama, Panama City, Emirates, Dubai, UAE, Addis Ababa, Abu Dhabi, Fiji, Australia, New Zealand, Pacific, Helsinki, Iberia, Iberia Airbus Iberia, Madrid, Icelandair, Reykjavik, Tokyo, Osaka, Kyoto, São Paulo, Brasilia, Fortaleza, Recife, Manaus, Curitiba, Belem, Oman, Muscat, layover, Bangkok, San Francisco, AFP, Switzerland, Singapore, Lisbon, Porto, Portuguese, Azores, Madeira, Istanbul

☆ Earnings playbook: Your guide to trading a huge week of reports, including Meta Platforms
▼ + stars: | 2024-04-21 | by ( Fred Imbert | ) www.cnbc.com time to read: +9 min

Tesla is set to report earnings after the bell. What history shows: Bespoke data shows Tesla beats earnings estimates 63% of the time. What history shows: Boeing shares have risen in four of the past five earnings days, Bespoke data shows. Meta Platforms is set to report earnings after the closing bell. What history shows: Microsoft earnings have beaten earnings estimates in six straight quarters, Bespoke data shows.

Persons: Michael Wayland, FactSet, Tesla, TSLA, Emmanuel Rosner, Dave Calhoun, Peter Saleh, Saleh, Chipotle, Morgan Stanley's, Ford, Jim Farley's, Ronald Josey, Jordan Novet Organizations: General Motors, CNBC, Tuesday, GM, Wall, Motors, Investment, Deutsche Bank, EV, Boeing, Ford, Management, Ford Motor, Detroit, Investors, Citi, Meta, Bloomberg News, Apple, Microsoft Locations: California

☆ An Air New Zealand passenger was left with a broken leg in the air for over 6 hours after severe turbulence
▼ + stars: | 2024-04-19 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

A man suffered a broken leg due to severe turbulence on an Air New Zealand flight. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA 47-year-old man had to endure six-and-a-half hours in the air with a broken leg after severe turbulence on a flight, the New Zealand Herald reported. Niko, a German who's been living in Bali for 13 years, was flying with Air New Zealand from Indonesia to Auckland on Tuesday. Related storiesA friend who picked Niko up from Auckland Airport told the Herald: "His leg pretty much snapped in half."

Persons: —, Niko, Sasha Organizations: Air, Zealand, Service, New Zealand Herald, Air New, Boeing, Auckland Airport, Herald, Business Locations: Indonesia, Auckland, Bali, Air New Zealand, Zealand

☆ Boeing Whistle-Blower Details His Concerns to Congressional Panel
▼ + stars: | 2024-04-17 | by ( Mark Walker | ) www.nytimes.com time to read: +1 min

A Boeing engineer who went public last week with safety concerns about the company’s 787 Dreamliner told a Senate panel on Wednesday that he was concerned that shortcuts the company was taking would eventually lead to a crash if they continued unchecked. The engineer, Sam Salehpour, testified that in an attempt to address bottlenecks, Boeing introduced production shortcuts with the potential to lead to planes breaking apart during flights. Mr. Salehpour said that the company was knowingly putting out defective planes and that he was punished by his superiors for raising his concerns. “Details that are the size of a human hair can be a matter of life and death,” Mr. Salehpour said. Mr. Salehpour, who has been at Boeing for over a decade, said the problems resulted from changes in how sections of the Dreamliner were fastened together during the manufacturing process.

Persons: Dreamliner, Sam Salehpour, Salehpour, Mr, ” Mr Organizations: Boeing, Senate Homeland Security, Governmental Affairs

☆ LATAM Airlines: Chilean report into flight plunge finds ‘involuntary movement forward’ from pilot’s seat
▼ + stars: | 2024-04-17 | by ( Ana Melgar | ) edition.cnn.com time to read: +1 min

CNN —A preliminary report from Chile’s aviation authority on the LATAM Airlines plane that plunged mid-air on March 11 says that the captain’s seat experienced an “involuntary movement forward” midflight. LATAM Flight 800 was flying from Australia to New Zealand when the Boeing 787 Dreamliner descended 400 feet, and the cause of the sudden plunge is yet to be determined, according to the report. The black box will be handed over to the National Transportation Safety Board (NTSB), and the captain’s seat will be inspected by the FAA and Boeing, the report said. Days after the incident, Boeing sent an advisory to airlines that operate the Boeing 787 Dreamliner recommending they inspect cockpit seat switches on the planes. It has sent a similar notice to airlines in 2017.

Persons: CNN — Organizations: CNN, LATAM Airlines, Boeing, ” Authorities, National Transportation Safety Board, FAA Locations: Australia, New Zealand, Chile, United States

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