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☆ Boeing names new CEO after losses more than triple
▼ + stars: | 2024-07-31 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

Boeing announced Robert “Kelly” Ortberg, the former CEO of supplier Rockwell Collins, will be its new CEO, effective August 8, replacing retiring Boeing CEO Dave Calhoun, who has been under fire for the company’s problems. Serious problems to solveOrtberg will have his hands full fixing the problems at Boeing, which has not posted a profitable year since 2019. It recently agreed to plead guilty to charges that its employees defrauded the Federal Aviation Administration during the original certification process for the 737 Max. The company has come under renewed scrutiny since a 737 Max plane’s door plug blew off shortly after takeoff in January. But that will keep the losses building at Boeing as it can’t make money at its current level of production.

Persons: Robert “ Kelly ” Ortberg, Rockwell Collins, Dave Calhoun, Ortberg, I’m, ”, ” Ortberg, Dennis Muilenburg, “ Kelly, Steven Mollenkopf, ” Rockwell Collins, Max Organizations: New, New York CNN, Boeing, Texas Instruments, United Technologies, Collins Aerospace, Federal Aviation Administration, FAA, Air Force Locations: New York

☆ Surprising element traced back to Renaissance alchemist’s basement laboratory
▼ + stars: | 2024-07-28 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

Editor’s note: A version of this story appeared in CNN’s Wonder Theory science newsletter. Thousands of years ago, our ancestors produced the first maps of the stars and practiced alchemy, the precursor to chemistry. But ancient alchemists actually developed technology and discovered chemical elements that are still widely used today. Now, a new discovery links both astronomy and alchemy in one intriguing figure who lived during the Renaissance. Once the Starliner mission concludes, SpaceX will ferry a quartet of astronauts for NASA’s Crew-9 mission to the space station.

Persons: Sir Isaac Newton, Uraniborg, Tycho Brahe, Brahe, wasn’t, Butch Wilmore, Suni Williams, Mark Nappi, Craig Smith, Diva Amon, Andrew Sweetman, Sweetman, ”, David Flannery, Ashley Strickland, Katie Hunt Organizations: CNN, Chemists, Lund University Danish, NASA, Boeing, Engineers, SpaceX, NASA’s, Marine, Scottish Association for Marine Science, JPL, Caltech, Perseverance, CNN Space, Science Locations: Ireland, Brazil, Mars

☆ Boeing Starliner officials may know ‘root cause’ of issues with astronaut flight
▼ + stars: | 2024-07-25 | by ( Jackie Wattles | ) edition.cnn.com time to read: +6 min

They then fired the thruster to try out several ways the engines might fire on the way home from space, according to Boeing. Officials said they were able to recreate how the thrusters in space deteriorated during flight with the ground tests. Additional Starliner testingSeparately, engineers may have made headway understanding helium leaks that hampered the first leg of Starliner’s journey. “The key attributes of the flight rationale really are that we understand the helium leaks — we understand the stability of the leaks and how we can manage those, should they get bigger,” Stich said, referring to the possibility that helium leaks affecting the Starliner service module may worsen. NASA and Boeing plan to carry out a review to plan for Starliner’s undocking, which “could be as early as late next week,” according to Stich.

Persons: Mark Nappi, ” Nappi, Boeing’s, Butch Wilmore, Suni Williams, ”, Steve Stich, NASA’s, Still, Butch, Suni, ” Stich, Williams, Wilmore, Stich, Nappi, Starliner’s Organizations: CNN, NASA, Boeing, International Space, Officials, International, Harmony, Station Locations: New Mexico, Starliner, White Sands , New Mexico

☆ Southwest Airlines is getting rid of open seating
▼ + stars: | 2024-07-25 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

Southwest said customers were clamoring for these changes – when people switch to a competitor from Southwest, the company said the No. But the change will also help the company charge some passengers more for their tickets. “The research is clear and indicates that 80% of Southwest customers, and 86% of potential customers, prefer an assigned seat,” said the airline in a statement. Southwest doesn’t charge for carry on bags and has long allowed passengers to check two bags for free. The premium seats, which will offer more legroom, will not be available until 2025 as it will require reconfiguring its planes.

Persons: ”, Max Organizations: New, New York CNN, Southwest, United, Delta, Boeing Locations: New York, Southwest, Delta

☆ US Department of Justice finalizes plea deal with Boeing
▼ + stars: | 2024-07-24 | by ( Ramishah Maruf | Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —The US Department of Justice on Wednesday for the first time shared details of its finalized plea deal agreement with Boeing, in which the troubled aviation company will plead guilty to a felony charge of defrauding the US government. The plea deal is subject to approval of a federal judge. “We will continue to work transparently with our regulators as we take significant actions across Boeing to further strengthen our safety, quality and compliance programs,” Boeing said in a statement. It had already paid half the fine as part of the original plea deal in 2021. The families of victims of two fatal crashes of the 737 Max oppose the deal, the Justice Department said.

Persons: “, Max, – Organizations: New, New York CNN, US Department of Justice, Boeing, Federal Aviation Administration, Justice Department, Alaska Airlines Locations: New York, United States

☆ Ryanair, Europe’s biggest airline, says airfares will be ‘materially lower’ this summer
▼ + stars: | 2024-07-22 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —Ryanair said Monday that it expects airfares during the busy summer travel season to be “materially lower” than last year as the low-cost carrier reported a plunge in profits. Europe’s biggest airline by passenger numbers, comparable in size to Delta Air Lines in the United States, said its average fare fell nearly 15% in the April-to-June quarter from the same period in 2023, to €41.93 ($45.65) from €49.07 ($53.42). Ryanair (RYAAY) attributed that dip in the first quarter of its financial year, in part, to the timing of the Easter break this year, some of which fell over March. The airline previously thought fares would be “flat to modestly up,” he added. Ryanair reported a 46% fall in profits in the first quarter of the year, to €360 million ($392 million), despite a 10% rise in the number of passengers.

Persons: ”, Michael O’Leary, Neil Sorahan Organizations: London CNN, Ryanair, Europe’s, Delta Air Lines, “, British Airways, Boeing, Alaska Airlines, Delta Locations: United States

☆ JD Vance’s populist persona leaves pro-worker groups skeptical
▼ + stars: | 2024-07-17 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —There’s a popular idea in political discourse known as the horseshoe theory. The idea is that if you map ideologies on a horseshoe-shaped spectrum, the far right and the far left are actually more closely aligned than the centrists on either side. Missouri Republican Sen. Josh Hawley is another young buck (44 is the new 24 in Congress) who’s all-in on Trump and positioning himself as an advocate for workers. “Pro-worker is raising the minimum wage, ensuring people get overtime, supporting paid sick and family leave,” Terri Gerstein, the Director of the NYU Wagner Labor Initiative, told CNN. “Playacting as working class by dressing up in jeans and acting aggrieved doesn’t do anything for real working people who are struggling.”

Persons: CNN Business ’, New York CNN —, we’ve, Ohio Republican Sen, JD Vance, —, Donald Trump’s, Vance, Reagan, Lina Khan, Biden, ” Vance, Wall, Massachusetts Democratic Sen, Elizabeth Warren, New York Times ’ Ross, Bernie Bros, ” Vance isn’t, Missouri Republican Sen, Josh Hawley, who’s, Hawley, –, Democrats –, ”, Rupert Murdoch, Ken Griffin, Trump, Liz Shuler, “ Sen, he’s, ” Terri Gerstein, NYU Wagner, “ Playacting Organizations: CNN Business, New York CNN, Ohio Republican, Yale, Silicon, Massachusetts Democratic, New York Times, GOP, Missouri Republican, Trump, Democrats, Time, ” Media, Washington Post, AFL, “, NYU, NYU Wagner Labor Initiative, CNN Locations: New York, Silicon Valley, Massachusetts, American

☆ Bronze Age-style ship recreates a 4,000-year-old journey
▼ + stars: | 2024-07-13 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

Fast-forward to seventh century East Anglia in the United Kingdom, where an Anglo-Saxon warrior king was buried alongside exquisite goods within a massive ship. Researchers are hoping to reconstruct the ship — and it’s not the only vessel gaining new life centuries after disappearing from time. Emily Harris/Zayed National MuseumUsing a supply list written on a clay tablet, a team of experts in the United Arab Emirates has reconstructed a Bronze Age ship. Once upon a planetScientists excavated a 52,000-year-old woolly mammoth skin from the Siberian permafrost. Love Dalén/Stockholm UniversityThe freezing temperatures of the Siberian permafrost preserved a piece of 52,000-year-old woolly mammoth skin so well that it contains a first-of-its-kind genetic treasure trove.

Persons: it’s, Emily Harris, Shipwrights, Jacob, Alex Braczkowski, Griffith University Jacob, Tibu, Butch Wilmore, Suni Williams, James Webb, Ashley Strickland, Katie Hunt Organizations: CNN, East, Zayed National, United Arab Emirates, Zayed National Museum, Griffith University, Uganda’s Queen Elizabeth, International Space Station, NASA, Boeing, European Space Agency, James Webb Space, Penguin, —, CNN Space, Science Locations: Siberia, East Anglia, United Kingdom, Persian, Mesopotamia, Zayed, Abu Dhabi, Sweden, Denmark, Peru, Machu Picchu, Uganda’s, Stockholm, Western Australia

☆ How Boeing defrauded the United States and escaped with a slap on the wrist
▼ + stars: | 2024-07-13 | by ( Chris Isidore | Pete Muntean | ) edition.cnn.com time to read: +10 min

Boeing agreed to plead guilty to a charge that it defrauded the Federal Aviation Administration, hiding crucial information about a design flaw on the 737 Max during its original certification process. Boeing attorneys had it as part of their mission to make sure that its executives did not face any criminal charges, Lindquist said. A Boeing spokesman said the company had no comment about the anticipated guilty plea or the case beyond a brief statement confirming the agreement. Another way to make executives payEven if there are no criminal charges brought against executives, they can face significant penalties, Arlen said. Why Boeing will keep its government contractsThe most serious penalty that Boeing could face is by far the least likely – it could be barred from federal government contracts due to its guilty plea.

Persons: Critics, ”, Peter Goeltz, Goeltz, “ I’m, Moody’s, Paul Cassell, Jemal Countess, “, Mark Lindquist, Lindquist, FAA ”, Mark Forkner, ” Lindquist, there’s, that’s, Arlen, Dave Calhoun, Dennis Muilenburg, Calhoun, Max, Patrick Ryder, Robert Clifford, – CNN’s Natasha Bertrand Organizations: New, New York CNN, Boeing, Federal Aviation Administration, National Transportation Safety Board, CNN, ”, Alaska Airlines, Justice Department, FAA, Volkswagen, University of Utah, Ethiopian Airlines, Max, Alaska Air, DOJ, “, Department of Defense, Pentagon, Air Force, Department of Justice, they’re Boeing Locations: New York, Alaska, Indonesia

☆ NASA’s Boeing Starliner test flight astronauts discuss spacecraft problems
▼ + stars: | 2024-07-10 | by ( Jackie Wattles | ) edition.cnn.com time to read: +9 min

CNN —Boeing’s Starliner spacecraft and its crew have been in space for more than a month — much longer than the weeklong stay initially expected. But the two astronauts piloting this historic test mission mostly spoke favorably about the vehicle that carried them to the International Space Station, marking the inaugural crewed flight of the Boeing-built spacecraft. I mean, truly amazing,” Butch Wilmore, one of two NASA astronauts helming this mission, said in a Wednesday news briefing. The pump’s failure “put us in a position where we’d have to store an awful lot of urine,” said Dana Weigel, manager for NASA’s International Space Station Program, before the flight. SpaceX designed its cargo Dragon spacecraft years before its Crew Dragon capsule, while Boeing somewhat started from scratch with Starliner.

Persons: CNN —, there’s, Butch Wilmore, ” Wilmore, Wilmore, Hurricane Beryl, hasn’t, Williams, Steve Stich, “, ” Stich, Sunita Williams, Wilmore —, Wilmore’s, ” Williams, ”, Mark Nappi, ” Nappi, Dana Weigel, Weigel, “ I’m, Northrop Grumman, Bob Behnken, Doug Hurley, Behnken, Hurley, “ We’ve, Stich, Butch, Suni Organizations: CNN, International, Boeing, NASA, SpaceX, International Space Station, NASA’s, Space Station, Northrop Locations: New Mexico, Cape Canaveral , Florida, Williams

☆ Why the Fed is stressed about presidential elections
▼ + stars: | 2024-07-10 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

New York CNN —Federal Reserve Chair Jerome Powell sent investors mixed messages on Tuesday during his semiannual testimony to Congress. Powell is stressed about the election: Powell was asked by multiple senators about White House politics, which he dodged. While the Fed head noted that policy decisions are data dependent, “elevated inflation is not the only risk we face,” he said. The September Fed meeting will be “live”: Powell noted multiple times that every Fed policy decision is made “live” using the latest available economic data – in other words, decisions aren’t made in advance. About 75% of investors think the Fed will cut rates, and about 25% think they’ll remain the same.

Persons: Jerome Powell, Powell, “, Donald Trump, reappoint Powell, ”, Joseph Brusuelas, Trump, Gregory Daco, Chris Larkin, Morgan Stanley, Larkin, don’t, aren’t, David Rubenstein, he’ll, Airbnb, Isabelle Chapman, Majlie, Puy Kamp, Audrey Ash, Chris Isidore . Organizations: CNN Business, Bell, New York CNN — Federal, White, “, Reserve, RSM, Federal Reserve, US Consumer, Treasury, Fed, Economics, Washington DC, Jackson, CNN, Boeing, Alaska Airlines Locations: New York, Powell, Washington, Alaska

☆ What a Trump presidency could mean for the dollar and the stock market
▼ + stars: | 2024-07-09 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

There are other reasons the dollar has been propelled higher as some European and Asian currencies have seen lackluster growth. A strong dollar makes US exports more expensive and reduces the profits of American companies operating overseas when earnings are converted back to dollars. And while a strong dollar lowers the cost of imported raw materials, it can boost inflation and hurt foreign investments. The families of victims of two fatal crashes of the 737 Max oppose the deal, the department said. Beyond the fatal crashes of the 737 Max jets, the company has faced a series of questions about the safety and quality of its planes.

Persons: it’s, Donald Trump, Joe Biden, Trump, ”, Lisa Shalett, Morgan Stanley, Louis Navellier, Jeanne Sahadi, Read, Max, Chris Isidore Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Fed, Republican, Morgan Stanley Wealth Management, Navellier, Associates, New York Federal Reserve, Boeing, Justice Department, Alaska Airlines Locations: New York, ”, China, Japan, United States

☆ Boeing sold just three passenger jets in the past month
▼ + stars: | 2024-07-09 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —Boeing said it sold just 14 new jets in the past month, with most of those coming as freighter sales. It had come into the year with a record sales month in December, but sales ground to a virtual halt following the Alaska Air incident. That certification, originally expected this year, has been pushed back to at least 2025 by the problems brought to light by the Alaska Air incident. The company agreed Sunday to plead guilty to its employees defrauding the FAA during the original certification process for the 737 Max. The plane it sold to Alaska Air is also a 737 Max 10 to replace the plane that lost the door plug in January.

Organizations: New, New York CNN, Boeing, Alaska Airlines, American Airlines, Federal Aviation Administration, FAA, Alaska Air Locations: New York, Alaska

Boeing’s announcement on Sunday that it had agreed to plead guilty to a federal criminal charge as part of a deal with the Justice Department was the culmination of a yearslong crisis involving the company’s 737 Max plane. The agreement may help Boeing put to rest a federal case stemming from two fatal crashes of the 737 Max in 2018 and 2019. Here’s what else to know about Boeing’s deal with federal prosecutors and other challenges the company is dealing with. Boeing and the Justice Department first reached an agreement in 2021 about the two crashes that allowed the company to avoid criminal charges. But federal prosecutors this year said that the company had violated the terms of that agreement and came up with a new one, which was agreed to in principle on Sunday.

Persons: Max Organizations: Justice Department, Boeing

☆ Former Boeing inspector alleges ‘scrap’ parts ended up on assembly lines
▼ + stars: | 2024-07-03 | by ( Gregory Wallace | ) edition.cnn.com time to read: +9 min

A string of whistleblowers this year has raised allegations about Boeing factory lapses, including an official federal complaint from a current employee that Boeing hid potentially defective parts from Federal Aviation Administration inspectors, and that some of those parts likely ended up in planes. Most of the parts that were meant to be scrapped were often painted red to signify they were unsuitable for assembly lines, Meyers said. In a statement to CNN, Boeing did not dispute Meyers’ allegations. Meyers describes a pressure-packed environment at the Everett factory, where assembly teams competed with each other to find the parts they needed. Workers assemble Boeing Co. 787 Dreamliner airplanes at the Boeing Everett Factory in Everett, Washington.

Persons: CNN —, Merle Meyers, Meyers ’, Meyers, “, ” Meyers, ”, Max, Dave Calhoun, Sam Mohawk, Richard Cuevas, Aerosystems, Patrick T, Pete Muntean Organizations: CNN, Boeing, Everett, Federal Aviation Administration, Company, New York Times, FAA, Justice Department, Occupational Safety, Health Administration, Engineering, Workers, Boeing Co, Boeing Everett Factory, Fallon, Bloomberg Locations: Everett , Washington, Auburn , Washington

☆ Boeing agrees to buy spinoff Spirit Aerosystems as part of its plan to shore up safety
▼ + stars: | 2024-07-01 | by ( David Goldman | ) edition.cnn.com time to read: +3 min

New York CNN —Boeing has agreed to buy Spirit Aerosystems, one of its major suppliers and manufacturing partners, as part of its plan to overhaul the aircraft maker’s badly damaged safety reputation. Boeing in March announced its intention to buy Spirit, saying recombining the companies would boost safety. Spirit AeroSystems makes major parts of several Boeing models, including the fuselages for the 737 Max. The company also makes parts for Boeing’s rival Airbus, although Boeing is Spirit’s largest customer. The first group of employees removed the door plug to address problems with rivets that were made by Spirit AeroSystems.

Persons: Spirit’s, ”, Dave Calhoun, AeroSystems, Max, Sprit, Spirit Aerosystems, CNN’s Chris Isidore Organizations: New, New York CNN, Boeing, Spirit, Airbus, Alaska Airways, US Justice Department Locations: New York

☆ Boeing Agrees to Buy Spirit AeroSystems, a Longtime Supplier
▼ + stars: | 2024-07-01 | by ( Niraj Chokshi | ) www.nytimes.com time to read: +1 min

Boeing said on Monday that it had agreed to buy a major supplier, Spirit AeroSystems, ending a nearly two-decade experiment in outsourcing production of major components of its commercial planes, including the body of the 737 Max and parts of the 767, 777 and 787. In buying Spirit, Boeing hopes to stem quality problems that have plagued the supplier in recent years. While it already has significant influence over Spirit, Boeing will more easily be able to monitor and change production practices by owning the business outright. The deal, which was widely expected, was valued at $4.7 billion in stock or $8.3 billion including Spirit’s debt. Boeing said its acquisition of Spirit is expected to close by the middle of next year.

Persons: ”, Dave Calhoun Organizations: Boeing, Airbus

☆ Boeing will get a ‘sweetheart’ plea deal, says lawyer representing 737 Max crash victims
▼ + stars: | 2024-06-30 | by ( David Goldman | ) edition.cnn.com time to read: +3 min

They and some of the families they represent were briefed by the Justice Department Sunday about the plea deal. Bloomberg first reported the potential plea deal Sunday. Boeing will have by the end of the week to determine whether to accept the plea deal or go to trial. The deadline for the Justice Department to file criminal charges in the case is July 7. Cassell said the families were upset that the Justice Department deal excluded the prosecution of individuals at Boeing.

Persons: Max, ”, Robert Clifford, Boeing’s, Judge Reed O’Connor, ” Clifford, Paul Cassell, Cassell, ” Cassell Organizations: CNN, US Justice Department, Boeing, Ethiopian, Max, Justice Department Sunday, Cassell, Bloomberg, Department of Justice, Justice Department, Alaska Airlines

☆ Here’s what it means when a company like Boeing faces criminal charges
▼ + stars: | 2024-06-29 | by ( Chris Isidore | ) edition.cnn.com time to read: +10 min

While criminal charges against corporations are fairly common, the overwhelming majority are against small, closely-held companies. Earlier criminal settlement now at riskThe potential charges hanging over Boeing currently revolve around that January 2021 deferred prosecution agreement. They have argued Boeing should face new criminal charges and pay a fine as great as $24.9 billion. In May, the Justice Department said it was looking into bringing criminal charges against Boeing once again due to a potential violation of that January 2021 agreement. Arlen said it is common for smaller companies to be forced out of business by criminal charges and the penalties that follow.

Persons: ”, Jennifer Arlen, Arlen, Lindsey Wasson, ” Arlen, “, Max, David Burns, Mark Forkner, Eduardo Soteras, Arthur Andersen Organizations: New, New York CNN, Justice Department, Boeing, Dow Jones, New York University, Control, Max, Federal Aviation Administration, FAA, Alaska Airlines Flight, NTSB, Getty, Alaska Airlines, Prosecutors, CNN, Oil, BP, US Environmental Protection Agency, Ethiopian Airlines Locations: New York, China, Renton , Washington, Alaska, AFP

☆ The Boeing saga has reached a new level of absurdity
▼ + stars: | 2024-06-28 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

New York CNN —If you’re a PR person, I can’t possibly think of a harder job right now than working at Boeing. Boeing held a press conference from a factory in Renton, Washington, on Thursday to talk about quality improvements. But strangely enough, Boeing sharing that information itself got Boeing in trouble with the NTSB. Clean up, clean up everybody everywhereWhen the NTSB’s statement went out, Boeing’s PR team went back into crisis clean-up mode. At the same time, rules are rules no matter how hypocritical they are.

Persons: It’s, they’d, Max, Elizabeth Lund, Lund, Gregory Wallace, Chris Isidore, ” Lund, “, that’s Organizations: New, New York CNN, Boeing, Alaska Airlines, Senate, National Transportation Safety Board, NTSB, ”, Department of Justice, CNN, Boeing’s PR Locations: New York, Renton , Washington

☆ Astronauts Are Not Stuck on the I.S.S., NASA and Boeing Officials Say
▼ + stars: | 2024-06-28 | by ( Kenneth Chang | ) www.nytimes.com time to read: 1 min

Two NASA astronauts who traveled at the start of June to the International Space Station were originally scheduled to return home a couple of weeks ago, completing a test flight of Boeing’s Starliner spacecraft. Instead, the astronauts, Butch Wilmore and Suni Williams, will remain on the station for several weeks longer as NASA and Boeing engineers continue to study misbehaving thrusters on the vehicle. But don’t call the astronauts stuck or stranded, officials said on Friday. “We’re not stuck on I.S.S.,” Mark Nappi, the program manager at Boeing for Starliner, said during a news conference on Friday. “The crew is not in any danger.”

Persons: Butch Wilmore, Suni Williams, “ We’re, ” Mark Nappi, “ Organizations: NASA, International Space, Boeing, Starliner

☆ Boeing, NASA consider extending astronauts’ Starliner mission up to 3 months
▼ + stars: | 2024-06-28 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

Setbacks in orbitSeveral more helium leaks were identified while the craft was en route to the International Space Station along with the thruster issues. That’s why Boeing and NASA teams then chose to leave the Starliner spacecraft safely docked with the space station while they worked to learn as much as possible about those issues. The first Starliner test mission took place without a crew in December 2019. That’s at the core of the mysteries Boeing and NASA are seeking to unravel during the Starliner spacecraft’s extended mission. Extended stays in spaceIt’s not uncommon for astronauts to unexpectedly extend their stay aboard the space station — for days, weeks or even months.

Persons: CNN —, —, Suni Williams, Butch Wilmore, Steve Stich, “, ” Stich, what’s, ” “ We’re, Stich, Mark Nappi, Nappi, whittle, ” Nappi, ‘, ’ —, Williams, “ We’ve, ”, That’s, Frank Rubio Organizations: CNN, International Space Station, Boeing, NASA, Space, Atlas, International Space, SpaceX, Cargo, Space Station, Astronauts Locations: New Mexico, Russian

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

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

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

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

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

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

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

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

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

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