The two administrators of the Boeing Financial Assistance Fund, Kenneth R. Feinberg and Camille S. Biros, announced today that the fund – designed to provide $50 million in immediate financial assistance to the families of those victims of the Lion Air Flight 610 and Ethiopian Airways Flight 302 accidents – will begin operations today.
“The recent 737 MAX tragedies weigh heavily on all of us at Boeing, and we continue to extend our deepest sympathies to the families and loved ones of all those on board,” said Dennis Muilenburg, chairman, president and CEO of The Boeing Company. “The opening of this fund is an important step in our efforts to help affected families. We thank Ken Feinberg and Camille Biros for their important work leading this effort.”
Pilot who ditched Boeing cargo plane into the sea after engine trouble is released from hospital dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.
Boeing [NYSE: BA] Chairman, President and Chief Executive Officer Dennis Muilenburg praised the tax bill passed by Congress and about to be signed into law as a critical driver of business, economic growth and innovation for the United States and for Boeing.
“On behalf of all of our stakeholders, we applaud and thank Congress and the administration for their leadership in seizing this opportunity to unleash economic energy in the United States,” said Muilenburg. “It’s the single-most important thing we can do to drive innovation, support quality jobs and accelerate capital investment in our country.”
The simpler tax code and lower tax rate are closer to those enjoyed by Boeing’s global competition and will have a clear and direct benefit to Boeing, its employees, and other stakeholders.
military aircraft, Schema-Root news schema-root.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from schema-root.org Daily Mail and Mail on Sunday newspapers.
Ahead of Delta Air Lines, Inc. s (NYSE: DAL) investor day presentation, the airliner said it expects to earn $6.75 to $7.75 per share in 2020 and show revenue growth of 4% to 6%.
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