Page 4 - Larry Kellner News Today

The 2023 pay package of Boeing's CEO, who recently announced his departure in the midst of a safety crisis, rose about 45% to nearly $33 million, the U.S. planemaker said on Friday. However, Boeing said that much of CEO Dave Calhoun's compensation is in deferred stock that has fallen in value following a January mid-air panel blowout. The adjusted value of Calhoun's total 2023 compensation is $24.8 million, the company said in a regulatory filing.

It doesn’t want to hear it, but the Republican majority is too small for any significant wins.

Boeing’s latest 737 problems are a symptom of a rotting corporate culture that has seen the plane-maker slip behind Airbus and lose fliers’ confidence. Unless something changes soon, the company’s future is in jeopardy.

Customers and aerospace insiders tell Fortune what Boeing's board must look for in a new CEO—and why it's such a hard position to fill.

United Airlines asks staff to take leave as delivery issues hit flights

Boeing’s C-Suite Shuffle | Global Finance Magazine

Delays to deliveries of new Boeing planes have forced one of the world’s biggest airlines to furlough staff.

After an embarrassing and potentially dangerous bungling atop of the iconic American aerospace company, culminating in the grounding of hundreds of aircraft following a door plug blowing off a 737 MAX 9 mid-flight, Boeing CEO Dave Calhoun is stepping down. Also heading for the exits are Board Chair Larry Kellner

His narrative has to get stronger.

Texas Attorney General Ken Paxton (R) launched an investigation into Spirit AeroSystems, a Boeing parts supplier, over “reoccurring issues with certain airplane parts,” according to a Sunday press release from the AG’s office.Spirit AeroSystems, a former Boeing subsidiary, manufactures the fuselages...