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Search Result for “deadly crashes”

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BUSINESS

Boeing fined $200m for misleading investors on 737 MAX safety

AFP, Published on 23/09/2022

» NEW YORK: US securities officials fined Boeing $200 million over the aviation giant's misleading assurances about the safety of the 737 MAX airplane following two deadly crashes, regulators announced Thursday.

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BUSINESS

Heatwave-hit Farnborough airshow basks in bumper Boeing order

AFP, Published on 19/07/2022

» FARNBOROUGH: Britain's Farnborough airshow flew into view Monday under a sweltering heatwave, as US planemaker Boeing basked in the glow of the first gigantic order in global aviation's first get-together since Covid.

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BUSINESS

Boeing shares dive as 777X, Air Force One woes lead to $1.2bn loss

AFP, Published on 28/04/2022

» NEW YORK: Boeing shares tumbled Wednesday after the aviation giant reported a $1.2 billion loss in an ugly quarter weighed down by fresh one-time costs on its Russia business, the Air Force One presidential jet and the new 777X plane.

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BUSINESS

China finally approves Boeing 737 Max

Published on 04/12/2021

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BEIJING: Chinese authorities have approved the Boeing 737 Max to resume service after making a series of safety adjustments, removing a major uncertainty surrounding the American aviation giant’s comeback after a lengthy slump.

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BUSINESS

China gives long-awaited approval to Boeing 737 MAX after crashes

AFP, Published on 03/12/2021

» NEW YORK: Chinese authorities approved the Boeing 737 MAX to resume service on Thursday, according to a government directive seen by AFP, removing a major uncertainty surrounding the American aviation giant's comeback after a lengthy slump.

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BUSINESS

SIA plans to restart 737 MAX flights

Business, Published on 17/11/2021

» SINGAPORE: Singapore Airlines expects to resume Boeing 737 MAX flights before the end of the year in a positive sign for the model's return in Asia.

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BUSINESS

India set to clear Boeing 737 Max to fly again within days

Bloomberg News, Published on 12/08/2021

» India is set to allow Boeing Co’s 737 Max jets to resume flights in the country within days, according to a person familiar with the matter, clearing one of the last remaining hurdles for the US planemaker as it seeks to get the model flying again worldwide.

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BUSINESS

Boeing Reaches $2.5 Billion Settlement of U.S. Probe Into 737 MAX Crashes

Business, Published on 09/01/2021

» Boeing Co. will pay $2.5 billion to resolve a Justice Department criminal investigation and admit employees deceived aviation regulators about safety issues that led to two deadly crashes of the 737 MAX, authorities said.

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BUSINESS

Boeing to pay $2.5bn fine over 737 MAX

AFP, Published on 08/01/2021

» NEW YORK: US prosecutors hit Boeing with a $2.5 billion fine to settle charges the company defrauded regulators over the 737 MAX, the Justice Department announced Thursday.

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BUSINESS

China maintains ban on Boeing 737 MAX flights

AFP, Published on 20/11/2020

» BEIJING: China's aviation regulator will not yet allow Boeing's troubled 737 MAX jet to fly in the company's biggest market owing to lingering safety concerns, despite the US lifting a ban on commercial flights.