Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Spirit AeroSystems"


25 mentions found


Hewlett Packard Enterprise -- The technology stock rose almost 2% after fiscal first quarter earnings of 3 cents per share topped analysts' expectations, according to LSEG. Daimler Truck -- Shares of the commercial vehicle manufacturer soared more than 18% after reporting a record-high, full-year profit, and authorized a 2 billion euro ($2.16 billion) share buyback. Dell Technologies - Shares soared more than 25% after the laptop maker posted fourth-quarter results that beat analysts' estimates amid strong demand for its artificial intelligence servers. Advanced Micro Devices , Marvell Technology , Micron Technology -- AMD added 4% in midday trading as investors continue to signal excitement over stocks tied to implementing artificial intelligence. Shares of Micron Technology and Marvell Technology soared more 5% and 7%, respectively.
Persons: AeroSystems, Hewlett Packard, Root, Billings, , Alex Harring, Yun Li, Michelle Fox, Samantha Subin Organizations: Boeing, Hewlett Packard Enterprise, Daimler, . New York Community Bancorp, Jefferies, Dell Technologies, Dell, Devices, Marvell Technology, Micron Technology, Facebook, Nasdaq Locations: .
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSpirit Aerosystems needs to come in-house to be better managed by Boeing, says Jefferies' KahyaogluSheila Kahyaoglu, Jefferies analyst, joins 'Closing Bell' to discuss the business logic of Boeing bringing its supplier in-house, if Boeing feels like they need to acquire Spirit Aerosystems, and what it would mean for Boeing's earnings and cash flow.
Persons: Jefferies, Sheila Kahyaoglu Organizations: Boeing, Jefferies
Read previewA Boeing whistleblower who quit over concerns about the company's 737 Max production told Politico that the FAA had "no presence" at the factory he worked in. Two months after Pierson's resignation, a Lion Air Boeing 737 Max crashed into the sea in October 2018, killing all 198 people on board. The company faced backlash again in January of this year after a door plug on an Alaska Airlines Boeing 737 Max 9 blew off mid-flight . Pierson told the publication. AdvertisementPierson told Politico that he still feels unsafe on Boeing Max planes — so much so that he refuses to fly on them.
Persons: , Max, Ed Pierson, Calhoun, Pierson, Dave Calhoun, JASON REDMOND, That's Organizations: Service, Boeing, Politico, FAA, Lion Air Boeing, Business, Ethiopian Airlines, New York Times, NBC News, Alaska Airlines Boeing, Max, CNBC, Alaska Airlines, Boeing Renton Factory, Getty, Foundation for Aviation Safety, Boeing Max, FFA Locations: Renton , Washington, AFP, Northwest, Seattle, New York, Alaska, Wichita , Kansas
Ten Oaks Management accused Boeing of "conning" it into buying a failing supplier, in a counterclaim. But when it assumed control of Astech, Boeing alleges it was "held hostage" by the family office and subject to a "bait and switch." AdvertisementHowever, Ten Oaks hit back with a counterclaim last Friday, saying it was duped into buying Astech by Boeing. The complaint says Boeing's contract with Astech was "lopsided" and leading it into bankruptcy because the pricing didn't even cover manufacturing costs. Another Boeing supplier, Spirit AeroSystems, is also facing scrutiny because it builds the Max 9 fuselage.
Persons: , Astech, Max, Mike Whitaker Organizations: Oaks Management, Boeing, Service, Business, Ten Oaks Management, KC, Court, Ten Oaks, Ten, Boeing KC, US Air Force Ten Oaks, Alaska Airlines, National Transportation Safety, Federal Aviation Administration Locations: Carolina, Delaware, Astech
Here are the biggest calls on Wall Street on Thursday: Jefferies reiterates Walmart as buy Jefferies sees a $20 billion AI and automation opportunity for Walmart. Goldman Sachs upgrades Roblox to neutral from sell Goldman upgraded the stock following its earnings report and sees "margin momentum." Needham upgrades Disney to buy from hold Needham upgraded the theme park operator after its earnings report, seeing "strong" earnings per share growth. Morgan Stanley downgrades American Express to equal weight from overweight Morgan Stanley downgraded the credit card stock mainly citing valuation. Wells Fargo reiterates Disney as overweight Wells says it's standing by its overweight rating on the stock following earnings on Wednesday. "
Persons: Jefferies, Morgan Stanley downgrades Hertz, Morgan Stanley, Goldman Sachs, Goldman, Needham, Ally, it's, Wells, Macquarie, BABA, Oppenheimer, Davidson, NYCB, Guggenheim, TD Cowen, Wedbush, Wolfe, Baird, Tesla Organizations: Walmart, Discover, DFS, Barclays, PNM Resources, New, Express, DIS, Six, York Community Bancorp, Guggenheim, UBS downgrades Air Products, UBS, Products, Deutsche Bank, AstraZeneca, Deutsche, Apple, Nvidia Locations: New Mexico, Texas, OW, North America, China, GPRO
New York CNN —Spirit AeroSystems, the troubled Boeing supplier which builds fuselages and other parts for the company, reported its first adjusted quarterly profit since the start of 2022, helped by increased payments from Boeing. But the continued quality and safety problems at Boeing, and at Spirit AeroSystems, caused the supplier to announce it would not give any outlook for profits the rest of the year. Boeing announced on Sunday that Spirit AeroSystem workers disclosed there were misdrilled holes on 737 Max fuselages the company had built. Because of that agreement, Spirit reported net income of $59 million for the quarter, a large improvement from the net loss of $243 million a year earlier. Spirit has reported net losses every quarter since the start of the pandemic in early 2020.
Persons: Max fuselages, Max, AeroSystems Organizations: New, New York CNN, Boeing, Alaksa Airlines, Max, Alaska, Federal Aviation Administration, Airbus, Spirit Locations: New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFAA Administrator Michael Whitaker on Boeing: We're convinced this is a safe production systemCNBC’s Phil LeBeau and FAA Administrator Michael Whitaker join 'Squawk Box' to discuss the latest developments in the FAA's investigation into Boeing's safety culture, increasing safety inspectors at Boeing plants, quality concerns at Spirit Aerosystems, and more.
Persons: Michael Whitaker, We're, Phil LeBeau Organizations: Boeing
Bolts that helped secure a panel to the frame of a Boeing 737 Max 9 were missing before the panel blew off the Alaska Airlines plane last month, according to accident investigators. The report included a photo from Boeing, which worked on the panel, which is called a door plug. In the photo, three of the four bolts that prevent the panel from moving upward are missing. The investigators said that the lack of certain damage around the panel indicates that all four bolts were missing before the plane took off from Portland, Oregon. A text between Boeing employees who finished working on the plane after the rivets were replaced included the photo showing the plug with missing bolts, according to the report.
Persons: David Calhoun, ” Investigators, Max, Michael Whitaker, , “ what’s Organizations: Boeing, Max, Alaska Airlines, National Transportation Safety, Pilots, NTSB, , Alaska, United Airlines, Federal Aviation Administration, FAA, Spirit Locations: Portland , Oregon, Boeing’s, Seattle, Alaska
S&P 500 futures also inched down 0.1%, while Nasdaq 100 futures slipped just 0.03%. During Monday's main trading session, the S&P 500 lost 0.32%, pulling back from its record high from last week that was powered by megacap tech stocks. "There's a lot of momentum, but I'm worried about [the S&P 500 at] 20 times earnings, and that the Fed's not going to live up to [rate] cut expectations. And I don't see how we get double-digit earnings growth," Doll said on CNBC's "Closing Bell: Overtime" on Monday. On the economic front Tuesday, Wall Street will be keeping an eye out for the New York Fed's household debt and credit report for the fourth quarter.
Persons: Dow, Jerome Powell, Bob Doll, Doll, — I'm, Loretta Mester, Susan Collins, Eli Lilly, Amgen Organizations: New York Stock Exchange, Federal Reserve, Dow Jones, Nasdaq, Palantir Technologies, NXP, Crossmark, Investments, New, Cleveland Fed, Boston Fed, Boeing, Spirit, DuPont, Grill, Ford Locations: New York
New quality glitch to delay some Boeing 737 Max deliveries
  + stars: | 2024-02-05 | by ( ) www.cnbc.com   time to read: +1 min
A Boeing 777-9 jetliner aircraft is pictured on the tarmac during the 2023 Dubai Airshow at Dubai World Central - Al-Maktoum International Airport in Dubai on Nov. 13, 2023. Boeing Co said on Sunday it will have to do more work on about 50 undelivered 737 Max airplanes, potentially delaying near-term deliveries, after its supplier Spirit AeroSystems discovered two mis-drilled holes on some fuselages. "This past Thursday, a supplier notified us of a non-conformance in some 737 fuselages. "While this potential condition is not an immediate flight safety issue and all 737s can continue operating safely, we currently believe we will have to perform rework on about 50 undelivered airplanes," Deal said. The checks focus on potentially incorrect positioning of two holes on a window frame assembly supplied by Spirit, a condition known as "short edge margin," the sources said.
Persons: AeroSystems, Stan Deal Organizations: Boeing, Maktoum International Airport, Boeing Commercial, Spirit Locations: Dubai, Al, Maktoum
Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable update of the trading day, just in time for the last hour on Wall Street. "Microsoft is the one to buy first on weakness due to the quality of last week's quarter and outlook," Jim Cramer said Monday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Jerome Powell's, Estee Lauder, Jim, Cramer, Eli Lilly, Lilly, Linde, Jim Cramer's, Brendan McDermid Organizations: CNBC, Federal, Nvidia, Apple, Microsoft, Sector, Technology, Semiconductor, Novo Nordisk, Air Products, Chemicals, Products, Linde, ., Vertex Pharmaceuticals, Simon Property Group, NXP Semiconductors, Club, GE Healthcare, DuPont, Carrier Global, Jacobs Solutions, Ford, Jim Cramer's Charitable, Traders, New York Stock Exchange Locations: We're, Novo, China, New York City, U.S
In the latest manufacturing error to plague Boeing, a supplier of 737 Max aircraft components discovered misdrilled holes on the fuselages of 50 planes that were in production for the aircraft company, according to a new report from The Wall Street Journal. An employee of Spirit AeroSystems, which creates the fuselage, nacelles, and struts for various Boeing aircraft, alerted their manager to the inaccurate drill holes while the 737 Max planes were making their way through the production process, according to the report. AdvertisementRepresentatives for Boeing and Spirit AeroSystems did not immediately respond to requests for comment from Business Insider. The incident involved a Spirit AeroSystems fuselage, per The Journal. In response to the in-flight emergency , the airline grounded its fleet of 65 Boeing 737 Max 9 planes pending a safety inspection.
Persons: Airplanes Stan Deal, AeroSystems Organizations: Boeing, Max, Wall Street, Airplanes, Business, Alaska Airlines, United Airlines
Nancy Tengler on Spirit AeroSystem: Stay away
  + stars: | 2024-02-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNancy Tengler on Spirit AeroSystem: Stay awayNancy Tengler, CEO and CIO of Laffer Tengler Investments, joins 'The Exchange' to discuss how to trade Spirit AeroSystems, Spotify, and NXP Semiconductors.
Persons: Nancy Tengler Organizations: Laffer, Investments, Spotify, NXP Semiconductors
London CNN —Tim Clark, the president of Emirates, has joined a chorus of airline executives in warning that Boeing is running out of time to restore its reputation following a series of safety and manufacturing blunders. I’m sure Dave Calhoun and Stan Deal are on that,” he added, referring to Boeing’s CEO and head of commercial airplanes respectively. Clark isn’t the first airline boss to criticize Boeing since part of the fuselage of a 737 Max 9 blew out mid-flight in early January. Clark said that for the first time Emirates would send its own engineers to observe the production process of the 777 at Boeing and its supplier Spirit AeroSystems. “The fact that we’re having to do that is testament to what has happened,” he told the Financial Times.
Persons: Tim Clark, Clark, “ They’ve, Dave Calhoun, Stan Deal, Clark isn’t, Scott Kirby, , “ Will, Will, they’ve, Calhoun’s, that’s, , Michael O’Leary, Brian West Organizations: London CNN, Emirates, Boeing, Financial, ” Emirates, CNBC, Alaska Airlines, Financial Times, “ Will Boeing, Will Boeing, CNN, Ryanair — Europe’s Locations: Alaska, Dubai, Indonesia, Ethiopia, Calhoun
Boeing reported another problem with fuselages on its 737 jets that might delay deliveries of about 50 aircraft in the latest quality gaff to plague the manufacturer. Boeing Commercial Airplanes CEO Stan Deal said in a letter to Boeing staff seen Monday that a worker at its supplier discovered misdrilled holes in fuselages. Spirit AeroSystems, based in Wichita, Kansas, makes a large part of the fuselages on Boeing Max jets. Alaska Airlines and United Airlines have begun returning some to service. Boeing, based in Renton, Washington, said last week it was withdrawing a request for a safety exemption needed to certify a new, smaller model of the 737 Max airliner.
Persons: Stan Deal, Deal, Max Organizations: Boeing, Boeing Commercial, Boeing Max, Alaska Airlines, Federal Aviation Administration, United Airlines, airline, FAA Locations: fuselages, Wichita , Kansas, Portland , Oregon, U.S, Renton , Washington
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSpirit AeroSystems employee flags incorrectly drilled fuselage holes in Boeing 737 MaxCNBC's Phil LeBeau reports on the latest news from Boeing.
Persons: Max CNBC's Phil LeBeau Organizations: Boeing
New problem found on Boeing 737 Max planes
  + stars: | 2024-02-04 | by ( Chris Isidore | Gregory Wallace | ) edition.cnn.com   time to read: +1 min
New York CNN —A new problem has been found during the production of 737 Max jets that will force Boeing to rework about 50 planes that have not yet been delivered. The problem was disclosed in a memo sent to Boeing (BA) employees Sunday by Stan Deal, the head of the company’s commercial aircraft unit. An employee at Boeing supplier Spirit AeroSystems, which makes the fuselages of the 737 Max jets, notified the plane maker that two holes may not have been drilled exactly to Boeing’s requirements, according to Deal’s memo. While the exact cause of the incident is not yet known, Boeing CEO David Calhoun told investors on Wednesday: “We caused the problem, and we understand that.”“Whatever conclusions are reached, Boeing is accountable for what happened. “We simply must be better.”Deal’s Sunday memo said Boeing’s 737 Max factory in Renton, Washington would “dedicate several days … this week to focus on this important work, reflecting the premium we place on quality, safety and, ultimately, stability in our factories.”
Persons: Stan Deal, David Calhoun, Max Organizations: New, New York CNN, Boeing, Spirit, Max, Alaska Airlines Locations: New York, , Renton , Washington
The three major averages posted gains for the fourth week in row, lifted by strong quarterly earnings results for most of the Big Tech companies and a strong jobs report. A weaker ADP Employment report on Wednesday provided no read-through to the monster January jobs report Friday. Here's what we're keeping an eye on in the coming week: 1. Earnings: It's another big earnings week head for the portfolio, with 8 more of our companies reporting. Consistency is what we appreciate most from nat gas giant Linde , so we're hoping for another quarter of solid earnings growth Tuesday.
Persons: Estee Lauder, Eli Lilly, Mounjaro, Nelson Peltz, Estée Lauder, Tyson, CARR, Jacobs, Willis Towers Watson, Edwards, Walt Disney, Oscar Health, Philip Morris, Armour, BAX, BILL, Jim Cramer's, Jim Cramer, Jim, George Frey Organizations: Big Tech, Dow Jones Industrial, Nasdaq, PMI, Apple, Starbucks, Procter, Gamble, GE Healthcare, DuPont, Linde, Ford, General Motors, Trian Partners, Disney, ESPN, Wynn Resorts, Wynn, Vegas, Prix, Estée Lauder Companies, Caterpillar, McDonalds Corp, Allegiant Travel, Bowlero Corp, Tyson Foods, TSN, Air Products & Chemicals, IDEXX Laboratories, CNA Financial Corp, CNA, Timken Company, Graham Corporation, Mesa Laboratories, Sphere Entertainment, Loews Corp, Technologies, Vertex Pharmaceuticals, Semiconductors, Simon Property Group, Amkor Technology, FMC Corporation, FMC, BellRing Brands, Crown Holdings, ChampionX Corporation, Golub Capital BDC, Flexsteel Industries, Kilroy Realty Corp, Gladstone Capital Corp, Unibanco, S.A, Snack Foods Corp, Kimball Electronics, Skyline Corp, Cabot Corporation, Simpson Manufacturing Co, Varonis Systems, Co, GE HealthCare, Linde plc, LIN, Spotify Technology S.A, BP, Hertz Global Holdings, AeroSystems Holdings, Toyota Motor Corp, Cummins, CMI, Software Technologies, AGCO Corporation, Carrier Global Corporation, Lear Corp, CONSOL Energy, Centene Corporation, Gartner, Arcbest Corp, CTS Corporation, Energizer Holdings, Hamilton Lane Incorporated, KKR, Precision Drilling Corporation, Frontier Group Holdings, Waters Corp, Alfa Laval, Aramark Holdings Corp, FirstService Corporation, Garden Sports Corp, New Jersey Resources Corp, nVent Electric plc, PJT Partners, Resources, Sensata Technologies, Ford Motor Company, Enphase Energy, Grill, VF Corp, Edwards Lifesciences Corp, Gilead Sciences, Lumen Technologies, Cognizant Technology Solutions Corp, Weatherford International plc, Amcor plc, Arrowhead Pharmaceuticals, Advanced Energy Industries, Uber Technologies, CVS Health, Roblox Corporation, Ares Capital Corp, Bunge, XPO Logistics, Scotts Miracle, Gro Company, Berry Global, Flex LNG, Equinor ASA, Griffon Corporation, OneMain Holdings, Brookfield Asset Management, Emerson Electric Co, Hilton Worldwide Holdings, Reynolds Consumer Products, Silicon Laboratories, Brands, Sciences, CDW Corp, Fox Corporation, WYNN, PayPal, Arm Holdings plc, ARM, Axcelis Technologies, Mattel, Paycom, Annaly Capital Management, McKesson Corp, Health Corporation, O'Reilly Automotive, Allstate Corp, Fluence Energy, Power Systems, Digital Turbine, Blue Bird Corp, Everest Group, Omega HealthCare, Coty, COTY, ConocoPhillips, Cameco Corp, Philip Morris International, Spirit Airlines, Hershey Company, Lightspeed Commerce, Aurora Cannabis, Lincoln National Corp, P, Tenet Healthcare Corp, Asbury Automotive Group, Arrow Electronics, Baxter International, PetMed, Boyd Gaming Corp, FirstEnergy Corp, Motorola Solutions, Terex Corp, PepsiCo, Growth, AMC Networks, Owl, American Pipeline, TELUS International, Magna International, Newell Brands, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, China, Macau, Wynn Macau, Valvoline, VVV, ALFVY, Madison, New Jersey, Gilead, Ceridian, ORLY, Paycor, Aurora, Provo , Utah
Bloomberg has reported new details about what may have caused the Alaska Airlines door plug blowout. AdvertisementNew details have emerged regarding how the door plug on an Alaska Airlines Boeing 737 Max 9 blew off the jet mid-flight earlier this month. The investigation is focused on four bolts that hold the door plug in place. Boeing CEO says door plug installation will have inspections "at every turn"According to Boeing, 129 have been ungrounded as of midday on Wednesday. The agency has halted Boeing's 737 Max production expansion while it addresses quality control lapses.
Persons: Dave Calhoun, , Max, AeroSystems, Ingrid Barrentine, Justin Sullivan, Calhoun, We've, I've, Max fuselages Organizations: Bloomberg, Alaska Airlines, Boeing, Service, Alaska Airlines Boeing, Max, National Transportation Safety, Seattle Times, New York Times, US National Transportation, Business, NTSB, Federal Aviation Administration, BI, United Airlines, FAA Locations: Alaska, Renton , Washington, Renton, Wichita
Boeing is back in the headlines for all the wrong reasons again after the Alaska Airlines 737 Max 9 incident. Boeing workers participating in a "Quality Stand Down" at Boeing's 737 Max factory in Renton, Washington on January 25, 2024. One of the first Boeing 737 Max jets on the production line at the company's manufacturing facility in Renton, Washington, U.S., on Monday, Dec. 7, 2015. The airlines around the world that have already bought Boeing planes basically need to keep using those models, whatever the problems. Commercial pilots are certified on specific models and are not able to easily move from single-aisle to widebody versions of Boeing jets, let alone between a Boeing and an Airbus jet.
Persons: I’m, Dave Calhoun, we’ve, , , Calhoun, Max, Jason Redmond, Stan Deal, Ed Pierson, McDonell Douglas, Critics, ” Ron Epstein, McDonnell Douglas, Jim McNerney, Tammy Duckworth, Aaron Schwartz, ‘ We’re, Richard Aboulafia, Joshua Drake, Boeing Calhoun, Bank of America’s Epstein, it’s, Pierson, Max ”, Robert Clifford, people’s, ” Calhoun, David Ryder, Aboulafia, Boeing’s Organizations: New, New York CNN, Boeing, Alaska Airlines, National Safety Transportation Board, Pilots, Max, Alaska Air, Getty, Foundation for Aviation Safety, CNN, “ Boeing, Bank of America, General Electric, Procter, Gamble, McKinsey, Co, GE, Associated, Pentagon, Capitol, FAA, Airbus, Joshua Drake Photography, Blackstone Group, Nielsen, Bank of, Aviation, Bloomberg, Ethiopian Aircraft Accident, US National Transportation Safety Board, Internal Locations: New York, Renton , Washington, AFP, Alaska, Soviet Union, Pacific, Chicago, Seattle, Washington, DC, Mobile , Alabama, Wichita, Oklahoma, Carolina, South Carolina, Calhoun, Indonesia, Ethiopia, Renton , Washington , U.S
Read previewOn January 5, an Alaska Airlines 737 Max 9 door plug broke off shortly after takeoff from Portland International Airport, leaving a gaping hole in the jet's fuselage. The Federal Aviation Administration quickly grounded 171 other Max 9 planes with the same door plug, mostly flown by United Airlines and Alaska. Four critical bolts used to secure the door plug were missing from the jet when it left Boeing's assembly line, The Wall Street Journal reported, representing a massive quality control lapse. Not all experts agree on the Max 9's safetyThe Alaska Airlines Boeing 737 MAX 9. AdvertisementAccording to the Washington Post, the travel booking website Kayak said its filter for the 737 Max significantly increased in the days after the incident.
Persons: , Max, Constance von Muehlen, Ingrid Barrentine, Mike Whitaker, Henry Harteveldt, Ed Pierson, I've, Joe Jacobsen, Harteveldt, Richard A, Brooks, Anthony Brickhouse, Brickhouse Organizations: Service, Alaska Airlines, Portland International Airport, Federal Aviation Administration, United Airlines, Street Journal, Business, CNN, FAA, Boeing, Spirit Airlines, Panama's Copa Airlines, Copa, Reuters, Atmosphere Research, Alaska Airlines Boeing, National Transportation, Alaska Max, Washington Post, LA Times, Southwest Airlines, Japan Airlines, Getty, Riddle Aeronautical University, Japan Airlines Airbus, NTSB Locations: Alaska, United , Alaska, United, AFP
Boeing and Spirit AeroSystems are under multiple investigations that probe their safety policies and procedures. Boeing said it couldn’t comment on the reports about what may have led to the door plug blowing off the plane, citing the ongoing investigation. The process also includes tightening fasteners and performing “detailed inspections of…dozens of associated components.”FAA on Sunday also required airlines to ensure older Boeing 737 planes with similar door plugs were secure. The FAA said airlines operating the Boeing 737-900ER model should visually inspect the planes but didn’t require them to be grounded. Two Max variants — the Max 7 and the Max 10 — are still awaiting approval to begin carrying passengers.
Persons: Max, AeroSystems, Washington Democratic Sen, Maria Cantwell, , David Calhoun, Jennifer Homendy, Ben Minicucci, Lester Holt, Mike Whitaker, Whitaker, , , Wells Organizations: New, New York CNN, Boeing, Alaska Airlines, New York Times, Seattle Times, Federal Aviation Administration, National Transportation Safety, Washington Democratic, Senate, US National Transportation, ” Boeing, Max, NBC, FAA, ., Sunday Locations: New York, . Airlines, Alaska, United, Indonesia, Ethiopia
Nearly three weeks after a hole blew open on a Boeing 737 Max 9 during an Alaska Airlines flight, terrifying passengers, new details about the jet’s production are intensifying scrutiny of Boeing’s quality-control practices. About a month before the Max 9 was delivered to Alaska Airlines in October, workers at Boeing’s factory in Renton, Wash., opened and later reinstalled the panel that would blow off the plane’s body, according to a person familiar with the matter. The employees opened the panel, known as a door plug, because work needed to be done to its rivets — which are often used to join and secure parts on planes — said the person, who asked for anonymity because the person isn’t authorized to speak publicly while the National Transportation Safety Board conducts an investigation. The request to open the plug came from employees of Spirit AeroSystems, a supplier that makes the body for the 737 Max in Wichita, Kan. After Boeing employees complied, Spirit employees who are based at Boeing’s Renton factory repaired the rivets. Boeing employees then reinstalled the door.
Persons: Max, Organizations: Boeing, Max, Alaska Airlines, National Transportation, Spirit Locations: Boeing’s, Renton, Wash, Wichita, Kan
On Thursday, factory workers will pause production for sessions on improving quality control. The FAA's boss said its investigation focuses on Boeing's quality control, not the door plug design. Nobody was seriously injured, but all 171 Boeing 737 Max 9 jets with a door plug have been grounded since. AdvertisementNEW: FAA Administrator Mike Whitaker tells me its probe of the Alaska Airlines blowout is focused on Boeing quality control issues. The 737 Max 9 door plug design is good "when properly executed," but "where we are looking now is quality assurance and quality control at Boeing."
Persons: , Stan Deal, CNN's Pete Muntean, Mike Whitaker, Max, Pete Muntean, Ben Minicucci, United's Scott Kirby Organizations: Boeing, Alaska Airlines, Service, Boeing Commercial Airplanes, Navy, Max, National Transportation Safety Board, Federal Aviation Administration, United Airlines, NBC Locations: Renton , Washington
Alaska Airlines N704AL, a 737 Max 9, which made an emergency landing at Portland International Airport on January 5 is parked at a maintenance hanger in Portland, Oregon on January 23, 2024. Boeing CEO Dave Calhoun met with several U.S. senators Wednesday on Capitol Hill as scrutiny on the company's leaders intensifies over a blown door plug on one of the company's 737 Max 9 planes. "I'm here today in the spirit of transparency ... [and to] answer all their questions, because they have a lot of them," Calhoun told reporters. Earlier Wednesday The Seattle Times reported that the fuselage panel that blew out during the Alaska Airlines flight, manufactured by Spirit AeroSystems , was removed for repair and then improperly reinstalled by Boeing's mechanics, not Spirit's. The stock is down more than 10% since the Jan. 5 Alaska Airlines incident.
Persons: Dave Calhoun, Calhoun, It's, Mike Whitaker, Sen, Dan Sullivan, Sullivan, Spirit AeroSystems, AeroSystems Organizations: Alaska Airlines, Portland International Airport, Boeing, Capitol, Federal Aviation Administration, FAA, CNBC, Republican, Aviation, The Seattle Times, Spirit, U.S . National Transportation, Seattle Times, NTSB Locations: Portland , Oregon, Alaska, Calhoun
Total: 25