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Others, however, said they are still confident in flight safety, pointing out that commercial air travel remains one of the safest modes of transportation. Cara and Erin Ashcraft survived the crash of American Airlines Flight 1420, operated on a McDonnell Douglas MD-82, during a landing at Little Rock National Airport on June 1, 1999. “I’ve never had concerns (about air travel safety) before. This is the hole left behind when the plug door of an Alaska Airlines flight blew off midflight on January 5, 2024. Pierson is wary of attitudes around the apparent safety of American air travel, he said.
Persons: Barb Handley, , ” Handley, Handley, , , Mary Handley, Alice, Barb Handley Miller, Pat Gabrielse, Dan Handley, Beth Handley McMall, Kathleen Handley Salemi, Cara, Erin Ashcraft, , I’m, ” Cara, ” Cara Ashcraft, , McDonnell Douglas, Andy Scott, “ I’m, ” Erin Ashcraft, ” ‘ I’ve, Trey Smith, “ I’ve, ” Smith, Smith, Scott Kirby, United, Boeing Aubrey, Max, Aubrey, they’re, ” Anthony Brickhouse, Florida’s Embry, Brickhouse, Ed Pierson, Pierson, That’s, ” CNN’s Chris Isidore, Jacopo Prisco Organizations: CNN, Alaska Airlines, United Airlines Boeing, Boeing, , National Transportation, NTSB, Federal Aviation Administration, United Airlines, American Airlines, McDonnell, Little Rock National Airport, Dallas Morning News, International Air Transport, United, Reuters United, Airbus, “ Airlines, Delta Air Lines, Hawaiian Airlines, Florida’s, Riddle Aeronautical University, Alaska Airlines Max, US Federal Aviation Administration, National Transportation Safety Board, Foundation for Aviation Safety, Air Canada, San Francisco International Airport Locations: Alaska, Little Rock , Arkansas, United States, Virginia, Los Angeles, East, Southwest
The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a gap in the fuselage, is seen during its investigation by the National Transportation Safety Board (NTSB) in Portland, Oregon, U.S. January 7, 2024. Boeing paid Alaska Airlines $160 million in compensation in the first quarter for the grounding of the 737 Max 9, according to the airline. Alaska said in a filing Thursday that its first-quarter "results were significantly impacted by Flight 1282 in January and the Boeing 737-9 MAX grounding which extended into February." "Although we did experience some book away following the accident and 737-9 MAX grounding, February and March both finished above our original pre-grounding expectations due to these core improvements," it said. Alaska shares were up more than 5% in morning trading, while Boeing was up 1%, compared with a 0.6% gain in the broader market .
Persons: Boeing's, Boeing didn't Organizations: Alaska Airlines Flight, Boeing, National Transportation Safety Board, Alaska Airlines, Federal Aviation Administration, Max, United Airlines, CNBC Locations: Alaska, Portland , Oregon, U.S
Washington, DC CNN —US Secretary of State Antony Blinken is the latest person dealing with problems with a Boeing jet. This is the second time this year that Blinken has had an issue with a Boeing plane while traveling. The incident has sparked numerous investigations into the Boeing’s practices and public attention to a large number of other problems on subsequent flights with Boeing jets. Many of those came on older planes and issues, which typically would have not been reported, were likely not caused by anything Boeing did. But the subsequent incidents, which typically would have not been reported by the media, have focused more attention on questions about the quality and safety of Boeing jets.
Persons: Antony Blinken, Blinken, plane, Max Organizations: DC CNN, Boeing, State Department, Brussels, Air Force, Alaska Airlines, National Transportation Safety Locations: Washington, Europe, Ukraine, Gaza, Paris, Switzerland
United Airlines is asking pilots to take unpaid time off next month, citing late-arriving aircraft from Boeing , according to a note sent to pilots. It's another example of how Boeing's customers say the manufacturer's production problems and safety crisis are impacting their growth plans. The offer comes after United and other airlines in recent years have clamored for more pilots when the Covid-19 pandemic travel slump ended and demand surged. "Due to recent changes to our Boeing deliveries, the remaining 2024 forecast block hours for United have been significantly reduced," the United chapter of the Air Line Pilots Association, the pilots' union, said in a note to members Friday. United was contracted to receive 43 Boeing 737 Max 8 planes and 34 Max 9 models this year, but now expects to receive 37 and 19, respectively, according to a company filing in February.
Persons: Max, Scott Kirby, Boeing didn't, Dave Calhoun Organizations: Boeing, Air Line Pilots Association, United, CNBC, Max, Federal Aviation Administration, Alaska Airlines
“Ah, it’s a Boeing Max,” I exclaimed to my travel companions after we boarded our plane a few weeks ago. I looked to see if we were seated next to a hidden door plug panel like the one that blew out on Alaska Airlines Flight 1282 in January. But the bad news wasn’t over: On Thursday, a New York Times investigation reported a disturbing pattern of sloppy safety procedures and dangerous cost-cutting. One expert who had spent more than a decade at Boeing told The Times, “The theme is shortcuts everywhere — not doing the job right.”Is it any wonder that some travelers are trying to avoid Boeing planes? The biggest danger of all may be understaffed air traffic controllers and overstuffed runways, which lead to far too many near misses.
Persons: , hasn’t Organizations: Boeing Max, Alaska Airlines, Federal Aviation Administration, Boeing, Senate, New York Times, Times, United Airlines
CNN —Moose, a dog that was supposed to be on an outgoing Alaska Airlines flight Tuesday from Raleigh-Durham International Airport, has been reunited with its owner after a “misstep in the cargo loading process,” the airline said. “The dog was scheduled to fly on our flight Tuesday night with its owner, but due to a misstep in the cargo loading process, the dog did not make the trip. “He is safe and sound and had a good breakfast courtesy of one of our K9 officers,” the airport spokesperson said. Alaska Airlines apologized for the mishap and said it’s happy the dog and owner have been reunited. “We’re happy that the dog is safely back with its pet parent,” an Alaska Airlines spokesperson said.
Persons: Moose, it’s, , Organizations: CNN, Alaska Airlines, Durham International Airport, Raleigh Locations: Raleigh, Seattle
Wells Fargo raised its price target on Bank of America, now calling for more than 15% upside. Evercore ISI hiked its price target on the consumer products company to $150 per share from $133. Power has a $90 price target on the cloud software stock, implying shares can rally 44.5% in the next year. Forbes' $425 price target implies the stock can climb 43.1% from Wednesday's ending price. Analyst Mike Mayo raised his price target for the bank stock by $4 to $44, implying a 16.4% upside over Wednesday's close.
Persons: Wells Fargo, Clark, Javier Escalante, Escalante, KMB, — Jesse Pound, Jefferies, Portillo's, Andy Barish, Barish, — Brian Evans, Jason Gursky, Wednesday's, shakeup, Gursky, Alex Harring, Baird, William Power, — Alex Harring, Steven Forbes, Forbes, RH, BofA, Cintas, Heather Balsky, Balsky, Robinhood, Alex Markgraff, Markgraff, TD Cowen, John Blackledge, Grindr, Blackledge, It's, it's, Estee Lauder, Bryan Spillane, Spillane, Estee, Tom Ford, Joseph Greff, Greff, FanDuel, Vikram Gandhi, Gandhi, Wells, Bank of America Wells, Mike Mayo, Mayo, Goliath Organizations: CNBC, Bank of America, HSBC, Allstate, Kimberly, Staples, ISI, Citi, Boeing, Alaska Airlines, Dow Jones, UC, Guggenheim, RH's, FactSet, Estee Lauder Bank of America, JPMorgan, Allstate Allstate Locations: Portillo's, Five9, Estee, New Jersey, Wednesday's
4 Takeaways About Boeing’s Quality Problems
  + stars: | 2024-03-28 | by ( Niraj Chokshi | Sydney Ember | ) www.nytimes.com   time to read: +1 min
Boeing has faced intense scrutiny and pressure since a panel blew off a 737 Max 9 shortly after the plane, an Alaska Airlines flight, took off on Jan. 5. The episode raised fresh questions about the quality of the planes the company produces several years after two Max 8 planes crashed, killing nearly 350 people. Interviews with more than two dozen current and former employees reveal longstanding concerns about quality, particularly as pressure increased to keep production going in the company’s factories. Now, Boeing faces an immense challenge as it seeks to make changes that improve the quality of its products and regain its credibility with lawmakers, regulators, airlines and the public. Current and former Boeing employees said that for years it felt as if quality took a back seat to keeping planes moving through its factories.
Persons: Max Organizations: Boeing, Alaska Airlines
New York CNN —Since its founding by William Boeing more than a century ago, the Boeing Company has had 12 CEOs. What Boeing wants in its new CEOWhen picking a new CEO, the company likely has two pools of choices. Or it can once again pick a leader like outgoing CEO Calhoun, who has a financial background and an undergraduate degree in accounting. Spirit was the only one to comment, but it did not address the possibility of Shanahan becoming Boeing CEO. Culp has an undergraduate degree in economics and an MBA from Harvard, a business background more than an engineering background.
Persons: William Boeing, Dave Calhoun, Calhoun, , , Sir Tim Clark, ” Calhoun, “ It’s, Richard Aboulafia, Pat Shanahan Pat Shanahan, Donald Trump, Shanahan, “ Mr, Joe Buccino, Larry Culp Larry Culp, Jack Welch, Culp, Aboulafia, Kathy Warden Kathy Warden, Northrop Grumman, Northrop, Warden, ” Aboulafia, Mary Barra, Greg Smith Greg Smith, Smith, Alan Mulally Aboulafia, Alan Mulally, Ford, Mulally, It’s, Ron Epstein, , Stephanie Pope, Brian West, Pope, West, Elizabeth Lund Organizations: New, New York CNN, Boeing Company, Boeing, Alaska Airlines, Emirates Airlines, CNBC, US Department of Defense, CNN, General Electric, GE Aerospace, GE, Danaher Corp, Harvard, Northrop, General Motors, Barra, American Airlines, Ford, Detroit, GM, DaimlerChrysler, Chrysler, of America, Airplanes, GE Aviation, Services, Boeing Commercial Airplanes Locations: New York, American, Calhoun
Boeing CEO Dave Calhoun has resigned and is set to leave at the end of the year. He's not the first leader of the company to leave amid recent safety concerns — and he's likely to do so with a big payout. "I've entered my fifth year," Calhoun told CNBC, referring to his time at Boeing. AdvertisementHow much Calhoun will get after his exit from Boeing will depend on how the aircraft maker's stock price moves. A Boeing spokesperson told Business Insider the company will outline details of Calhoun's compensation in company filings over the "coming weeks."
Persons: Dave Calhoun, Calhoun, Dennis Muilenburg, , He's, I've, Ben Silverman, Fortune, Max Organizations: Service, Boeing, CNBC, Alaska Airlines, Federal Aviation Administration, Department of Justice, National Transportation Safety Board
O'Leary said the company found leftover tools and missing seat handles in new Boeing planes. AdvertisementThe boss of Europe's largest airline told CNN last week that it would regularly find leftover tools under the floorboards of Boeing planes, as well as missing seat handles. "In 2022 and 2023, we were finding little things like spanners under the floorboards, in some cases, seat handles missing, things like that," O'Leary told CNN on March 20. The Ireland-based low-cost carrier only flies Boeing aircraft and is one of the aircraft manufacturers' biggest customers. Related storiesThis isn't the first time O'Leary has said there's a lack of quality control on Boeing planes.
Persons: Michael O'Leary, O'Leary, , David Calhoun Organizations: Boeing, Ryanair, Service, CNN, Europe's, Alaska Airlines Locations: Dublin, Ireland, Seattle
BA YTD mountain Boeing stock has slumped more than 26% from the start of the year after the Alaska Airlines 737 Max controversy. Stifel The firm has a buy rating on Boeing stock with a $270 per share price target, or 41% upside from Monday's close. TD Cowen TD Cowen has a buy rating on Boeing stock with a $230 per share price target, or 20% above Monday's close. JPMorgan maintains an overweight rating on Boeing with a $230 per share price target, or about 20% above Monday's close. JPMorgan maintains an overweight rating on Boeing stock with a $230 per share price target, or about 20% moving forward.
Persons: shakeup, Max, David Calhoun, Calhoun isn't, Larry Kellner, Stan Deal, Stephanie Pope, Pope, Calhoun, Bert Subin, Max —, Bank of America Bank of America's Ronald Epstein, TD Cowen TD Cowen, TD Cowen, Cai von Rumohr, Dave Calhoun, Morgan Stanley Morgan Stanley's Kristine Liwag, David Calhoun's, Wolfe, Wolfe Research Wolfe, Myles Walton, Seth Seifman, Seth M, Seifman Organizations: Alaska Airlines, Boeing, Bank of America Bank of America's, Wolfe Research, JPMorgan, FAA, Federal Aviation Administration Locations: Calhoun, Alaska
Boeing CEO Dave Calhoun speaks to reporters as he departs from a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC. Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shakeup for the embattled aerospace giant. Chairman of the board Larry Kellner is also resigning and will leave the board at Boeing's annual meeting in May. And Stan Deal, president and CEO of Boeing Commercial Airplanes, is leaving the company effective immediately. Scrutiny intensified after a Jan. 5 accident, when a door plug blew out of a nearly new Boeing 737 Max 9, minutes into an Alaska Airlines flight.
Persons: Dave Calhoun, Sen, Mark Warner, Larry Kellner, Steve Mollenkopf, Stan Deal, Stephanie Pope, Kellner, Calhoun, Dennis Muilenburg Organizations: Capitol, Boeing, Boeing Global Services, Alaska Airlines Locations: Washington , DC
Boeing announced Monday that its chief executive, David Calhoun, would step down at the end of 2024 as part of a broad management shake-up, as the aircraft maker grapples with its most significant safety crisis in years. Boeing also announced that its chairman, Larry Kellner, would not stand for re-election. The board elected Steve Mollenkopf, an electrical engineer by training and the former chief executive of Qualcomm, as its new chairman. In that role, he will lead the process of choosing Boeing’s next chief executive. The management overhaul comes less than three months after a panel, known as a door plug, blew off a Boeing Max 9 during an Alaska Airlines flight on Jan. 5.
Persons: David Calhoun, Stan Deal, Stephanie Pope, Larry Kellner, Steve Mollenkopf, Boeing’s Organizations: Boeing, Qualcomm, Boeing Max, Alaska Airlines
737 Max 9 blowoutA gaping hole where the paneled-over door had been on Alaska Airlines Flight 1282. NTSB/APIn January, a Max 9 door plug blew out on an Alaska Airlines flight that took off from Portland, Oregon. Boeing's CEO, Dave Calhoun, hosted an all-hands meeting with employees shortly after the incident. "We're going to approach this, number one, acknowledging our mistake," Calhoun said at a 737 Max factory in Washington, according to multiple media outlets. Less than two weeks before that episode, Boeing had asked airlines to inspect all its 737 Max planes for loose bolts.
Persons: Max, Dave Calhoun, Calhoun, he's, Organizations: Max, Alaska Airlines, AP, Regulators, United Airlines, Federal Aviation Administration, Boeing's, Boeing Locations: Portland , Oregon, Alaska, United, Washington
Boeing announced that Dave Calhoun is stepping down as CEO at the end of this year. AdvertisementDave Calhoun plans to resign as Boeing's CEO at the end of this year, the company announced Monday. In December 2019, former Boeing CEO Dennis Muilenburg was fired after two crashes involving a different Max variant, the Max 8, killed 346 people in 2018 and 2019. Advertisement"As you all know, the Alaska Airlines Flight 1282 accident was a watershed moment for Boeing," Calhoun said in a memo to employees announcing the change. The CEO told CNBC that he would weigh in on who becomes the next CEO, but he said the board will ultimately make the decision.
Persons: Dave Calhoun, Calhoun, , I've, Dennis Muilenburg, Max, Stephanie Pope, Stan Deal, Larry Kellner Organizations: Boeing, Service, CNBC, Alaska Airlines, Federal Aviation Administration, Department of Justice, National Transportation Safety, Boeing Commercial Airplanes
The American plane maker has been under intense pressure since early January, when a panel blew off a brand-new Alaska Airlines 737 Max midflight. Photos You Should See View All 60 ImagesTHE CRASHESThe bulk of criticism and investigations swirling around Boeing today center on the company's Max jets. Boeing agreed to pay $2.5 billion to settle a Justice Department investigation, admitting that employees misled regulators about the safety of the 737 Max. Last year, Boeing reported a problem with fittings on Max jets where the fuselage meets the vertical section of the tail. Also under investigation is what prompted the emergency landing in Wichita, Kansas, of a Denver-bound United Airlines flight in December.
Persons: Max midflight, That's, Max, shakeups, David Calhoun, Calhoun, , Organizations: Boeing, Alaska Airlines, Delta Air Lines, United Airlines, Airbus, Indonesia’s, Ethiopian Airlines, Department, MORE, FBI, FAA, Spirit, United Airlines Boeing, Max, Passengers, National Transportation Safety, American Airlines, Southwest Airlines, NTSB Locations: Arlington , Virginia, Addis Ababa, Oregon, Wichita , Kansas, Newark , New Jersey, Denver, San Francisco, Los Angeles,
Goldman Sachs, meanwhile trimmed its price target on Boeing, citing several risks amid the company's ongoing safety issues. The analyst initiated coverage of the stock with an overweight rating and year-end price target of $1,150, which implies shares could jump 18.2%. Analyst Kannan Venkateshwar upgraded shares of the media giant to overweight from equal weight and also raised his price target by $40. His new $135 price target implies 16.5% potential upside over the next year. — Pia Singh 5:37 a.m.: Goldman Sachs trims Boeing price target Goldman Sachs lowered its price target on Boeing to $257 from $268 amid the airplane maker's ongoing issues safety issues.
Persons: Goldman Sachs, JPMorgan's Samik Chatterjee, inferencing, Chatterjee, — Pia Singh, Kannan Venkateshwar, Venkateshwar, Disney's, Noah Poponak, Poponak, Fred Imbert Organizations: CNBC, Disney, Barclays, Boeing, JPMorgan, Computer, Enterprises, Alaska Airlines Locations: 3Q24, 4Q24
Boeing CEO Dave Calhoun is stepping down. Calhoun was appointed CEO of Boeing after the planemaker's former CEO, Dennis Muilenburg, stepped down in December 2019 following two crashes of another Max variant, the Max 8. Calhoun also said that Boeing Chair Larry Kellner wouldn't be standing for reelection, with Steve Mollenkopf elected by the board as his replacement. Calhoun added that Stan Deal, the CEO of Boeing Commercial Airplanes, was retiring and would be replaced by Stephanie Pope, effective immediately. I also want to thank Stephanie for taking on this critical role.
Persons: Dave Calhoun, Calhoun, Dennis Muilenburg, Max, Calhoun didn't, Larry Kellner wouldn't, Steve Mollenkopf, Stan Deal, Stephanie Pope, He'd, Read, Larry Kellner, Larry, Steve, Stan, Stephanie, Dave Organizations: Boeing, Alaska Airlines, Max, Federal Aviation Administration, Qualcomm, Boeing Commercial Airplanes, BCA
Flying is getting scary. But is it still safe?
  + stars: | 2024-03-24 | by ( Chris Isidore | ) edition.cnn.com   time to read: +9 min
Another Boeing jet plunged so severely that passengers were thrown onto the ceiling of the cabin, leaving dozens so injured they need to be hospitalized upon landing. Carlos Avila Gonzalez/The San Francisco Chronicle/Getty Images/FileHowever, other forms of flying are not nearly as safe. “Taking the Max out of the equation, (flying has) been proven to be pretty darn safe,” he said. A year ago, the discussion about air safety wasn’t focused on Boeing planes. “The gold standard is melting down, because we continue to try to downplay everything and talk about how safe the system is.
Persons: Kardashian, , Anthony Brickhouse, , it’s, Carlos Avila Gonzalez, Ed Pierson, Max, Pierson, ” Brickhouse, We’ve, That’s, Brickhouse Organizations: New, New York CNN, Alaska Airlines, Boeing, Japanese Coast Guard, Embry, Riddle Aeronautical University, Asiana Airlines, San Francisco International, San Francisco Chronicle, Railroads, Amtrak, Foundation for Aviation Safety, Max, Alaska Air, National Transportation Safety Board, FedEx, an Air Canada, San Francisco International Airport, NTSB, Air Canada, “ Pilots Locations: New York, Tokyo, Buffalo , New York, United States, San Francisco, Southwest, Alaska, , Hawaii
Mizuho initiated Home Depot with a buy rating, calling for roughly 10% upside. The bank upgraded shares of the industrial equipment manufacturer to a buy rating. Analyst Manav Gupta also lifted his price target to $170 from his prior target of $152. Analyst Gavin Parsons reiterated his buy rating on the stock and price target of $275. The bank initiated coverage of the home improvement stock at a buy rating, setting a price target of $415.
Persons: Mizuho, Manav Gupta, Howden, Gupta, GTLS, — Lisa Kailai Han, Gavin Parsons, Parsons, Fred Imbert, David Bellinger, Bellinger, Wells Fargo, Aaron Rakers, Goldman Sachs, Toshiya Hari, Bernstein's Stacy Rasgon, Taylor Swift, Jensen, Huang Organizations: CNBC, UBS, Boeing, Nvidia, Industries, YE2026E, Department of Energy, Alaska Airlines, Mizuho, SAP Center, Blackwell, ~$ Locations: Howden, GTLS, Mizuho, San Jose
Cuong Tran's shoes and socks were sucked out of Alaska Airlines Flight 1282. Tran is one of seven plaintiffs in the latest class-action lawsuit related to the Boeing 737 blowout. AdvertisementA passenger on the Alaska Airlines blowout flight has shared new pictures of the aftermath as part of a lawsuit filed last Tuesday. Cuong Tran was sitting in the row just behind the door plug — a part of the fuselage that covers a deactivated emergency exit — when it detached from the Boeing 737 Max in midair on January 5. This story is available exclusively to Business Insider subscribers.
Persons: , Cuong Tran, Timothy Loranger, Ari Friedman, Wisner Baum Organizations: Alaska Airlines, Boeing, Service, Max, Business
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
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
I finally got my chance during the 2017 Great American Eclipse, but capturing that perfect shot from my dreams was not easy. As I looked at flight paths, I realized that a Southwest flight from Portland, Oregon to St. Louis, Missouri would travel basically along the eclipse path. But then the flight crew clarified that they were deliberately delaying the flight so it would be inside the moon's shadow. Lucky for me, the flight crew and pilot took my mission to heart. What I'm doing differently this yearJon Carmichael was thousands of feet in the air when he took a series of photos that culminated to produce this iconic image, considered one of the best eclipse photos ever taken.
Persons: , astrophotographer Jon Carmichael, I'd, I'm, Jon Carmichael, Alayna, We'll, I've Organizations: Service, Business, Alaska Airlines, NASA, Southwest Airlines Locations: Portland , Oregon, St, Louis , Missouri, New York, Portland, Southwest, Idaho, Oregon, Dallas, Pittsburg, Mississippi
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