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Emirates CEO Sheikh Ahmed bin Saeed Al Maktoum criticized Boeing in a CNBC interview. AdvertisementBoeing is facing criticism from one of its biggest customers, as the CEO of Emirates told the planemaker to "get your act together," in an interview with CNBC. AdvertisementAl Maktoum told CNBC that his message for Boeing is: "Get your act together and just do it. An Emirates Boeing 777. Urbanandsport/NurPhoto via Getty ImagesWith 250 planes on order, Emirates is Boeing's biggest customer for widebody jets.
Persons: Sheikh Ahmed bin Saeed Al Maktoum, , We're, it's, Al Maktoum, Max, Dave Calhoun, Al Maktoum's, It's, didn't, Scott Kirby Organizations: Boeing, CNBC, Service, Emirates, Business, Alaska Airlines, National Transportation Safety, Emirates Boeing, Getty, Airbus, United Airlines Locations: Emirates, Dubai
The Senate is racing against a Friday deadline to pass legislation to reauthorize the Federal Aviation Administration at a moment of intense uncertainty and disruption in the air travel system, but a host of policy disputes and unrelated issues are threatening to prolong the debate. As one of the few remaining bills considered a must-pass item this year, the F.A.A. package has become a magnet for dozens of amendments and policy riders that lawmakers are fighting for a vote on, which has slowed its progress in the Senate. and another $738 million to the National Transportation Safety Board for airport modernization, technology programs and safety. It also would bolster the hiring and training of air traffic controllers, codify airlines’ refund obligations to passengers and strengthen protections for passengers with disabilities.
Persons: Chuck Schumer, Organizations: Federal Aviation Administration, Senate, National Transportation Safety Board Locations: New York
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA former employee of Boeing supplier Spirit AeroSystems said he nearly developed a fear of flying because of what he saw during his 12-year stint inspecting aircraft fuselages there. "Working at Spirit, I almost grew a fear of flying," said Paredes. Paredes told CBS that he once sent an email pushing back against his managers' requests to speed up inspections and then was removed from his leadership position. Spirit AeroSystems did not immediately respond to a request for comment outside regular business hours by Business Insider.
Persons: , Spirit AeroSystems, Santiago Paredes, Paredes, Kris Van Cleave, Spirit, John Dean, Max, AeroSystems Organizations: Service, Boeing, Spirit, CBS News, Business, CBS, Alaska Airlines, Federal Aviation Administration, National Transportation Safety, BBC, BI Locations: Wichita, Spirit's Wichita
With 245 passenger planes and five 778 freighters on order, Emirates is Boeing's largest customer in terms of wide-body jets. Emirates airlines Boeing 777-31H(ER) takes off from Los Angeles international Airport on January 13, 2021. Al Maktoum, who sits at the helm of the world's largest long-haul airline and helped launch it in 1985, echoed the sentiments of many other airline CEOs when it comes to expectations for Boeing. Asked if he had a message for the plane maker, Al Maktoum said: "I always say, you know, get your act together and just do it. The chairman did not indicate that Emirates would cancel the Boeing orders or move them to its French rival, Airbus .
Persons: We're, it's, Sheikh Ahmed bin Saeed Al Maktoum, CNBC's Dan Murphy, Bauer, Griffin, Al Maktoum Organizations: United Arab Emirates, Dubai's, Emirates, Arabian, Boeing, Los Angeles, Airport, Aaronp, CNBC, Airbus, Alaska Airlines Flight, National Transportation Safety Board, NTSB, Reuters Locations: DUBAI, United Arab, Dubai, Emirates, Los, Alaska, Portland , Oregon, U.S
New York CNN —The state of Maryland is about to get an insurance payment of $350 million related to the collapse of the Francis Scott Key Bridge in late March, according to the broker handling its policy on the structure. The payment would come from insurer Chubb, which has a $350 million limit on the policy it had written on the bridge, according to Henry Daar, head of property claims, North America for WTW, the broker on the policy. The payment will be made soon rather than waiting for the construction of a new bridge to begin, a process that could be years away. The accident temporarily closed much of the operations of the Port of Baltimore, trapping ships in the port. The planned payment by Chubb was first reported Thursday by the Wall Street Journal.
Persons: Francis Scott Key, Chubb, Henry Daar, Dali Organizations: New, New York CNN, Francis Scott Key Bridge, WTW, Grace Ocean Private Limited, Synergy Marine PTE LTD, CNN, National Transportation, Wall Street Locations: New York, Maryland, North America, Baltimore, Port of Baltimore
CNN —A former dive boat captain could be sentenced to up to 10 years in prison Thursday on a negligence conviction known as “seaman’s manslaughter” after 34 people were killed in a fire that broke out on his boat in 2019. Jerry Nehl Boylan was found guilty in 2023 of one federal felony count of misconduct or neglect of ship officer last year. Thirty-three passengers and one crew member below deck died of smoke inhalation, police said. Thirty-four people were killed in the boat fire. In 2019, an attorney for the boat’s owner, Truth Aquatics, said that a crew member had checked the area where the fire was believed to have been concentrated before it ignited.
Persons: CNN —, , Jerry Nehl Boylan, Boylan, Brian van der, Robert Sumwalt, Prosecutors, Martin Estrada, Organizations: CNN, Labor, California’s, Islands, Los Angeles Times, National Transportation Safety, Truth, NTSB Locations: Santa Cruz
CNN —A historic bridge in Portland, Oregon, was shut down Monday morning after a derailed train car was seen leaning against a bridge support. Two cars had fully derailed on a Union Pacific line on the east side of the century-old Steel Bridge. “One train car is leaning against bridge structural support column,” Portland Fire and Rescue stated on X. The derailment happened after 35 train cars derailed in New Mexico on Friday, prompting evacuations that lasted until Sunday. Six of the derailed train cars were carrying propane, according to BNSF Railway.
Organizations: CNN, Union, Portland, Union Pacific, . Union Pacific, BNSF Railway, National Transportation Locations: Portland , Oregon, Portland, New Mexico
CNN —Thirty-five rail cars of a train derailed in New Mexico Friday afternoon, prompting evacuations and forcing a 50-mile stretch of Interstate 40 to close. McKinley County Fire & Rescue was dispatched around 12:40 p.m. Friday after the train derailed and caught fire off Interstate 40 near the state line. Six of the derailed train cars were carrying propane, according to BNSF Railway. There is currently “no projected end to this closure,” said New Mexico State Police on Facebook. “I am deeply concerned about the train derailment along the Arizona-New Mexico border and am monitoring the situation closely,” Hobbs wrote.
Persons: , Transportation Pete Buttigieg, Katie Hobbs, ” Hobbs, , Buttigieg Organizations: CNN, Fire, Rescue, BNSF Railway, New Mexico State Police, Facebook, National Transportation Safety, NTSB, Unified Command, Transportation, Tribal, , New Locations: New Mexico, McKinley, Arizona, ” Arizona, New Mexican, State of Arizona
Read previewCity of Baltimore officials on Monday accused the owner and manager of the ship that crashed into the Francis Scott Key Bridge of allowing the vessel to set sail despite it being "clearly unseaworthy." "Reporting has indicated that, even before leaving port, alarms showing an inconsistent power supply on the Dali had sounded," the court petition reads. Authorities found that the 984-foot ship lost power as it navigated toward the bridge, causing it to lose propulsion. The crew on board broadcast a mayday call just before impact, allowing traffic police to seal access to the bridge. AdvertisementMeanwhile, President Joe Biden has said that the federal government will fund the reconstruction of the Key Bridge, and has agreed to disburse some $60 million in aid to the region.
Persons: , Francis Scott Key, Dali, Grace Ocean, Baltimore Mayor Brandon Scott, Joe Biden Organizations: Service, Synergy Marine, Business, Baltimore Mayor, Grace, Synergy, Port, Authorities, National Transportation Safety Board, FBI, Washington Post Locations: Baltimore, Maryland, Singapore, Port of Baltimore, Sri Lanka, Patapsco
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
Washington DC CNN —Boeing’s already battered reputation took another hit at two Senate committee hearings Wednesday on Capitol Hill, with witnesses questioning how the company builds airplanes and the safety of those planes. Boeing did not have any witnesses at either hearing Wednesday, but at a briefing earlier this week it defended the standards used to build planes. Boeing recently said it has searched for records but believes its employees did not document the work. Bill Clark/CQ Roll Call/SipaHe said that since the hearing was announced, his committee has heard from other whistleblowers inside of Boeing. “What I don’t want this committee to do is to scare the you-know-what out of the American public,” he said.
Persons: Washington DC CNN — Boeing’s, Sam Salehpour, he’s, , Salehpour, , don’t, , Ed Pierson, Max, Democratic Sen, Richard Blumenthal, Bill Clark, ” Blumenthal, Republican Sen, Ron Johnson Organizations: Washington DC CNN, Capitol, Boeing, The Foundation for Aviation Safety, National Transportation Safety, Alaska Airlines, Alaska Air, Democratic, Richard Blumenthal of Connecticut, Senate Homeland Security, Governmental, Republican Locations: Richard Blumenthal of, Dirksen, nonunion South Carolina, Alaska, Wisconsin
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
And yes, we know Cuban's tax bill won't go directly to paying for these programs, but for the sake of context, here's what his taxes could have funded. Cuban's $275.9 million contribution to the US government could fully back the department with nearly half still left over. Cuban's million could easily cover congressional paychecks and even account for President Joe Biden's $400,000 salary and Vice President Kamala Harris' $235,100 salary. So, Cuban's $275.9 million wouldn't quite be able to cover the potential three-hour DOD cost at $291,095,890.41. While $275.9 million might not seem like it would make a dent in that astronomical number, every little bit helps!
Persons: Mark Cuban, Donald Trump, , Joe Biden, Jill Biden, Joe Biden's, Kamala Harris, It's Organizations: Service, Trump, Business, Government, Fund, NTSB, Transportation Safety Board, Transportation, DOD, Department of Defense, CNBC
CNN —The ship crash that destroyed Baltimore’s Francis Scott Key Bridge and left several people dead is now under federal criminal investigation, according to a US official familiar with the matter. The FBI and the US Coast Guard are leading the criminal investigation into the disaster and whether the crew failed to report an earlier issue with the vessel that delayed its departure, the official said. The bridge collapsed around 1:30 a.m. March 26 after a massive cargo ship called the Dali lost power and struck the bridge. The National Transportation Safety Board has been investigating why the 213-million-pound ship lost power and crashed into the 47-year-old bridge. The US Army Corps of Engineers has said it plans to reopen the channel affected by the crash by the end of May.
Persons: Baltimore’s Francis Scott Key, Dali Organizations: CNN, Baltimore’s Francis Scott Key Bridge, FBI, US Coast Guard, Washington Post, National Transportation, NTSB, US Army Corps of Engineers Locations: Patapsco, Port of Baltimore
Besides the soap, FAA auditors say they saw Spirit mechanics use a hotel key card to check a door seal. In March, The Times reported that Federal Aviation Administration's (FAA) auditors saw Spirit AeroSystems' mechanics applying soap to a door seal. AdvertisementAccording to Buccino, Spirit also tried using other household products such as Vaseline, cornstarch, and talcum powder as a lubricant before settling on liquid Dawn soap. Buccino said the Dawn soap became their top choice because it didn't cause the door seal to degrade over time. Representatives for Boeing, Spirit, and the FAA did not immediately respond to a request for comment from Business Insider sent outside regular business hours.
Persons: Spirit AeroSystems, , Joe Buccino, Buccino, Spirit, Sean Black, Black, Dave Calhoun, Jennifer Homendy Organizations: Boeing, Spirit, FAA, Service, New York Times, The Times, Aviation, Times, Alaska Airlines, National Transportation Safety Board, NTSB, Business Insider
The NTSB is investigating how a door plug came off an Alaska Airlines Boeing 737 Max 9. Its chair said it could survey every Boeing employee about its safety culture. AdvertisementThe head of the National Transportation Safety Board said it is considering surveying every Boeing employee about its safety culture. Related storiesAll of the firm's 20,000 staff were surveyed about its safety culture, Homendy said. "With respect to documentation, if the door plug removal was undocumented there would be no documentation to share," the planemaker said in a statement.
Persons: , Jennifer Homendy, Dave Calhoun, Homendy, Maria Cantwell, They're Organizations: NTSB, Alaska Airlines Boeing, Boeing, Norfolk Southern, Service, National Transportation Safety Board, Commerce, Science, Transportation Locations: Ohio
CNN —The investigation into why a cargo ship lost power and struck a Baltimore bridge last month, causing it to collapse, is currently focused on engine room equipment, the National Transportation Safety Board said Wednesday. Hyundai, the equipment’s manufacturer, has sent employees to the Dali ship to help “download data from the electrical power system and look at the circuit breakers,” NTSB Chairwoman Jennifer Homendy told the Senate Commerce Committee. “There isn’t enough information on that to understand what’s going on in the engine room,” she said. Investigators also spoke with crewmembers who may be involved in the engine and electrical systems, including the chief and an assistant engineer, and the electrician. Separately, the US Army Corps of Engineers released new 3D sonar images of the wreckage below the surface of the river.
Persons: Dali, Jennifer Homendy, ” Homendy, ” Hyundai, , , , Homendy, Sen, Ted Cruz, Biden, ” Cruz Organizations: CNN, National Transportation Safety, Hyundai, Senate, , Republican, US Army Corps of Engineers Locations: Baltimore, Patapsco, China
New York CNN —Boeing has achieved the unthinkable this week: It managed to fall even deeper into crisis. It ultimately approved the planes for shipments to airlines in March 2023 after becoming satisfied that Boeing had fixed the problem. Then, during the first weekend of 2024, part of an Alaska Airlines 737 Max blew off the side of the plane just after take-off, and Boeing has been in crisis mode ever since. In February, pilots on a United Airlines 737 Max reported that the flight controls jammed as the plane landed in Newark, New Jersey. The FAA is allowing the planes to continue flying and Boeing said the problem does not pose an immediate safety risk.
Persons: Sam Salehpour, Salehpour, McDonnell Douglas, Max, Boeing hasn’t, Dave Calhoun, Mike Whitaker, Whitaker, What’s, Boeing’s, Airlines, hasn’t Organizations: New, New York CNN, Boeing, US Federal Aviation Administration, FAA, New York Times, Alaska Airlines, National Transportation Safety Board, United Airlines, Airbus, Airlines Locations: New York, Newark , New Jersey
But Norfolk Southern didn’t admit to any liability or wrongdoing as a result of the settlement. Following the February 3, 2023, Norfolk Southern freight train derailment, residents were ordered to evacuate temporarily. But several class-action lawsuits say the company hasn’t done enough to remediate the toxic chemicals released into the area. They also blamed Norfolk Southern for negligence. Shares of Norfolk Southern (NSC) fell 2% in premarket trading.
Persons: , , Seth Katz, Burg Simpson Eldredge Hersh, Jardine, Elizabeth Graham of Grant, Eisenhofer, Jayne Conroy, Simmons Hanly Conroy, Michael Morgan, Morgan, Norfolk Southern Organizations: New, New York CNN, Norfolk Southern, Norfolk, National Transportation Safety, Senate Locations: New York, Palestine , Ohio, State, East Palestine
But Huang’s family said Tesla oversold its Autopilot technology’s capabilities, and that it is not as safe to use as advertised. Tesla has come under intense scrutiny for its Autopilot technology over the six years since Huang’s fatal crash. That didn’t happen in the case of Huang’s crash, Tesla has said. Although Huang’s family acknowledges he was distracted while the car was driving, they argue Tesla is at fault because it falsely marketed Autopilot as self-driving software. If the jury finds in favor of Huang’s family, Tesla could have to pay damages, and they could add up quickly.
Persons: New York CNN — Tesla, Tesla, Walter Huang, Elon Musk, Huang, Huang’s, Mrs, , Mark Fong, Musk, Organizations: New, New York CNN, Apple, National Transportation Safety, Traffic Safety Administration, NHTSA Locations: New York, Silicon Valley, United States, California
Tesla is going to trial over a wrongful-death lawsuit brought by the family of Walter Huang. The family alleges that flaws in Tesla's Autopilot system caused the 2018 crash that killed Huang. Walter Huang's Tesla Model X crashed in March 2018 in Mountain View, California. Days after the fatal crash, Tesla said in a blog post that Huang "received several visual and one audible hands-on warning earlier in the drive." Tesla also wants to call the engineer to testify during the trial, but Huang's family opposes it.
Persons: Tesla, Walter Huang, Huang, , Bryant Walker Smith, who's, Smith, who've, Mark Fong, Walter Huang's Tesla, inattention, Huang Tesla, Tesla didn't, Getty Tesla Organizations: Service, Apple, Elon, Court, University of South, Tesla, Associated Press, NTSB, National Transportation Safety Board, Business, Chicago Tribune, Getty, National, Traffic, Administration Locations: California, California's Santa Clara, University of South Carolina, View, Huang's, Mountain View , California
Tesla on Monday settled a lawsuit that blamed the automaker’s driver-assistance software for the death of a California man in 2018, averting a trial that would have focused attention on the company’s technology several months before it plans to unveil a self-driving taxi. The trial stemming from the death of Wei Lun Huang, an Apple software engineer who went by Walter, was scheduled to start Monday with jury selection. The case was one of the most prominent involving Tesla’s Autopilot software, attracting significant public attention and prompting an investigation by the National Transportation Safety Board. Terms of the settlement with Mr. Huang’s children and other members of his family were not disclosed, and Tesla filed court documents seeking to prevent them from being made public. Testimony in the trial would have put Tesla’s autonomous driving software under close scrutiny, further fueling a debate about whether the technology makes cars safer or exposes drivers and others to serious injury or death.
Persons: Tesla, Wei Lun Huang, Walter Organizations: Apple, National Transportation Safety Locations: California
A Tesla Model X burns after crashing on U.S. Highway 101 in Mountain View, California, U.S. on March 23, 2018. Tesla has settled a wrongful death lawsuit brought by the family of Walter Huang, an Apple engineer and father of two who died after his Model X SUV, with Autopilot features switched on, crashed into a highway barrier near Mountain View, California, in 2018. The settlement comes as jury selection and a trial were just beginning on Monday in a California Superior court. The case was Sz Huang et al v. Tesla Inc. et al in a California Superior Court in Santa Clara County. In internal Tesla e-mails referenced in court filings, Tesla execs and engineers discussed how they had become complacent while driving their Tesla vehicles with Autopilot or related premium features switched on.
Persons: Tesla, Walter Huang, Huang, Huang's, Elon Musk Organizations: Tesla, Apple, National Transportation Safety, NTSB, California Superior Court Locations: U.S, Mountain View , California, View , California, California, Santa Clara County
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
Boeing CEO Dave Calhoun was paid $32.8 million in 2023
  + stars: | 2024-04-05 | by ( Chris Isidore | ) edition.cnn.com   time to read: +2 min
New York CNN —Boeing CEO Dave Calhoun received total compensation of $32.8 million for 2023, a 45% increase from the $22.6 million he received for 2022. Boeing did enjoy improved results in 2023 from Calhoun’s first two years running the troubled aircraft manufacturer. Whatever conclusions are reached, Boeing is accountable for what happened.”Last month Calhoun announced he would be retiring at later this year and that the company had launched a search for a new CEO. But stock and other compensation he had already received when taking the job brought his 2020 total compensation to $21.7 million. It climbed slowly steadily in the two subsequent years, bringing his total compensation to $64.6 million heading into 2023.
Persons: Dave Calhoun, Calhoun’s, Max, Calhoun, . Calhoun Organizations: New, New York CNN, Boeing, Alaska Airlines, National Transportation Safety Board Locations: New York, .
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