Bosses at one US aerospace company were befuddled when they arrived at their corporate booth on Thursday morning to find it had been liberated of hand sanitizers
Incentives crucial for its survival as 737 MAX grounding stalls expansion plans
The no-frills carrier has been impacted by the grounding of its 13 Boeing 737 MAX planes since March last year as it is incurring various costs related to the aircraft
The aircrafts from Boeing, which were expected as improved and more fuel efficient, were grounded in March 2019, according to reports, after two of the aircrafts crashed within five months
Boeing, which is producing the 787 Dreamliner at 14 aircraft per month, said in October it expects to lower the production in late 2020 to 12 per month, amid a drought of orders from China
Boeing said on Tuesday its troubled workhorse -grounded last March after two crashes in which 346 people died - should receive approval by mid-year from US regulators
Dave Calhoun says Boeing is not considering scrapping the MAX and expects it will continue to fly for a generation.
"This is one of the great companies of the world, let's say as of a year ago, and then all of a sudden things happen."
SpiceJet had 13 Boeing 737 Max in its fleet (and 155 planes of the type on order), which were grounded following a global ban last March
The Chicago-based planemaker has been updating the 737 MAX flight control system and software to address issues believed to have played a role in two crashes in Indonesia and Ethiopia
There's also the company's failure to provide a combat-ready refueling tanker, nine years after Boeing won a competition for the $44 billion project
The 737 Max is costing the plane-maker billions of dollars in losses. The software problem was discovered during the final validation review process of the updates being installed on the plane
The year 2019, a breakthrough year for business, saw both fortunes being built and destroyed. Business Standard lists top 10 business personalities from across the globe who made headlines in 2019
Boeing made just 380 plane deliveries for 2019, fewer than half the number the prior year.
The top-selling aircraft has been grounded since March following two deadly crashes
The Indian civil aviation regulator will conduct its own tests before re-certifying them
The 737 MAX has been grounded since March after two fatal crashes killed 346 people
The loss of some awards and denial of severance sends a strong signal that the board lost confidence in the once-heralded CEO
Muilenburg was fired in late December after failing to get the company's 737 Max jetliner back in the air.
The latest batch of internal Boeing documents were provided to the US aviation regulator FAA (Federal Aviation Administration) and US Congress last month and released on Thursday