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US officials press for answers on Boeing emergency on Alaska Airlines
Techxplore· 2024-08-07 01:32
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A two-day hearing is set to investigate what happened on a January 5 Alaska Airlines flight during which a panel on the fuselage of a 737 MAX blew out mid-flight. US transportation officials on Tuesday began a two-day hearing into a near-catastrophic January incident on a Boeing 737 MAX operated by Alaska Airlines that required ...
Boeing execs, others grilled at hearing as feds probe Alaska Airlines midair blowout
New York Post· 2024-08-07 00:43
The National Transportation Safety Board on Tuesday questioned key witnesses from Boeing, Spirit AeroSystems and the Federal Aviation Administration on the mid-air cabin panel blowout of an Alaska Airlines 737 MAX 9 door plug in January.During the start of its two-day investigative hearing, the board released 3,800 pages of factual reports and interviews from the ongoing investigation.The incident badly damaged Boeing’s reputation and led to the MAX 9 being grounded for two weeks, a ban by the FAA on expand ...
How Does Boeing's Current Performance Compare To That Of The 2008 Recession?
Forbes· 2024-08-06 19:00
Sign with logo at entrance to office of aerospace company Boeing in Pleasanton, California, July 2, ... [+] 2019. (Photo by Smith Collection/Gado/Getty Images)Getty ImagesBoeing stock (NYSE: BA) currently trades at $170 per share, around 35% below its level in March 2021. In comparison, its peer – GE Aerospace stock (NYSE: GE) saw its stock surge 2.5x over the same period. Boeing saw its stock trading much lower at around $137 in June 2022, just before the Fed started increasing rates, and is now roughly 25 ...
Hearing to probe Alaska Airlines emergency on Boeing jet
Techxplore· 2024-08-06 16:50
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A two-day hearing is set to investigate what happened on a January 5 Alaska Airlines flight in which a panel on the fuselage of a 737 MAX blew out mid-flight. US investigators will on Tuesday open a two-day hearing into a near-catastrophic January incident on a Boeing 737 MAX operated by Alaska Airlines that required an emergenc ...
Key moments in Boeing's difficult history with the 737 MAX
Techxplore· 2024-08-06 16:40
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Boeing's quality control practices will be placed under a microscope this week at a two-day National Transportation Safety Board hearing investigating a January Alaska Airlines flight on a 737 MAX. Representatives of Boeing, supplier Spirit AeroSystems and the Federal Aviation Administration ...
Top 3 Stock Dips to Watch for an Upcoming Earnings Beat
MarketBeat· 2024-08-05 20:00
There’s a saying on Wall Street that the market can stay irrational longer than investors can remain solvent, which means nobody should attempt to fight the market in its trends and views. Recently, despite seeing contradicting economic data, the S&P 500 had reached a new all-time high price, one that was held for a quarter or two. However, the fundamentals eventually catch up to valuations, so the market has been selling off lately.With a 21 consecutive contraction, the ISM manufacturing PMI index dealt a ...
Here's Why Boeing Stock Slumped Today
The Motley Fool· 2024-08-03 01:51
The aerospace company's shares declined more than the market today.Boeing (BA -5.49%) shares were down by more than 5% as of midday Friday. The move is impossible to look at in isolation, as the S&P 500 was down by 2% simultaneously. The reason for the latter is softer-than-expected jobs data that raised fears of a significant slowdown in the U.S. economy.A slowdown is bad news for the economy and the airlines that drive demand for Boeing's planes. Spending on consumer discretionary travel and corporate bus ...
NASA weighs Boeing vs. SpaceX choice in bringing back Starliner astronauts
CNBC· 2024-08-02 23:49
Boeing spacecraft Starliner is seen from the window of SpaceX's Dragon capsule "Endeavour" on July 3, 2024 while docked with the International Space Station during the crew flight test.NASA management has been in deep discussion this week about whether to return the agency's astronauts on board Boeing's misfiring Starliner capsule or to go with the alternative of using a SpaceX craft to rescue the crew.The agency's concern with Starliner — which flew NASA astronauts Butch Wilmore and Suni Williams to the In ...
Boeing says it'll lose at least $125 million more as its Starliner aircraft remains stuck in space with no return date
Business Insider· 2024-08-02 14:56
文章核心观点 - 波音公司的Starliner航天器返回地球的时间无限期推迟,公司预计将损失额外1.25亿美元 [3][6] - Starliner航天器在进入国际空间站后出现推进系统故障和氦气泄漏问题,导致宇航员被滞留在太空57天 [4][5][9][10] - 波音公司面临一系列质量和安全问题调查,包括737 MAX客机坠毁事故,公司需支付巨额罚款 [15][16][17][18][19] 根据目录分别总结 Starliner航天器延迟返回地球 - 波音公司的Starliner航天器在6月6日成功将NASA宇航员送抵国际空间站,原计划停留8天后返回地球 [4] - 但由于推进系统故障和氦气泄漏问题,宇航员被滞留在太空57天,公司预计将损失额外1.25亿美元 [5][6] - 这是在公司此前已预计2023年将损失2.88亿美元的基础上增加的损失 [7] - 从一开始Starliner发射就一直受到各种技术问题的困扰,包括火箭压力阀故障和地面电脑问题 [8][9] 波音公司面临质量和安全问题调查 - 波音公司近期面临一系列质量和安全问题的调查,包括737 MAX客机坠毁事故 [15][16] - 公司需要支付2.436亿美元的罚款,并投资至少4.55亿美元用于合规和安全项目,同时还需要接受独立监督 [18][19] - 这些问题加剧了公司的财务困境,第二季度现金流出43亿美元,净亏损14.4亿美元 [15]
Boeing's new CEO Kelly Ortberg: What to know
Fox Business· 2024-08-02 01:41
Boeing has tapped Robert "Kelly" Ortberg as its incoming chief executive, naming an industry veteran with an engineering background to right the ship at the embattled aerospace giant. Ortberg, 64, is set to take the reins from outgoing CEO Dave Calhoun on Aug. 8, and will also serve as president and as a member of the board. After obtaining a bachelor's degree in mechanical engineering from the University of Iowa, Ortberg began his career as an engineer at Texas Instruments in 1983. Since then, he has accum ...