Families of victims in the Indonesia Lion Air crash hit out at Boeing Monday over its admission that engineers had identified a safety system glitch well before the fatal accident, in the latest knock to the aircraft maker's reputation.
A decision by US aviation giant Boeing to cut production of its 737 aircraft has hit the shares of the company and its suppliers in US pre-market trading, as the company continues to grapple with a crisis following two deadly crashes in less than five months.
Boeing Co said on Friday it plans to cut its monthly 737 aircraft production by nearly 20 percent in the wake of two deadly crashes, signaling it does not expect aviation authorities to allow the plane back in the air anytime soon.
The crisis for US aviation company Boeing is growing as the European Union and Canada said they would seek their own guarantees over the safety of the 737 MAX following the two deadly crashes of the company’s flagship aircraft.
Flight recorder data recovered from the wreckage of Boeing 737 MAX planes that crashed in Ethiopia and Indonesia shows "clear similarities," Addis Ababa said Sunday as the US maker announced it was finalizing a software update for its under-fire anti-stall system.
The Ethiopian Airlines pilot whose jet crashed killing 157 people had reported flight-control problems, the company said on Wednesday, as it prepared to send the black boxes to Europe from a disaster that has rocked the global aviation industry.
NASA warned SpaceX and Boeing Co. of design and safety concerns for their competing astronaut launch systems, according to industry sources and a new government report, threatening the US bid to revive its human spaceflight program later this year.
Boeing Co (BA.N) opened its first 737 completion plant in China on Saturday, a strategic investment aimed at building a sales lead over arch-rival Airbus (AIR.PA) in one of the world’s top travel markets that has been overshadowed by the US-China trade war.