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Boeing reported a fourth quarter result that topped expectations, but the plane maker suspended its guidance as it continues to deal with the fallout from an accident involving an Alaska Airlines 737 Max 9, which suffered a door “plug” blowout while in flight in early January.
Boeing has declined to offer its 2024 predictions amid the uncertainty and fallout from the 737 Max 9 grounding after a door panel blew off a flight earlier this month. “While we often use this time of year to share our update our financial and operational objectives, now is not the time for that,” CEO…
Facing severe criticism after a door plug blew out on a 737 Max over Oregon this month, Boeing said Monday that it is withdrawing a request for a safety exemption needed to certify a new model of the plane. The company asked federal regulators late last year to allow it to begin delivering its 737 Max 7 airliner to customers even though it does not meet a safety standard designed to prevent part of the engine housing from overheating and breaking off during flight. Maria Cantwell, chair of the Senate Committee on Commerce, Science and Transportation, and Tammy Duckworth, chair of its aviatio...
Boeing has officially withdrawn its request for a safety exemption for the Boeing 737 MAX 7, a move that comes in the wake of heightened safety concerns and opposition from key figures within the aviation industry. This is based on a Reuters report.
Boeing had previously asked federal regulators to allow it to begin delivering its 737 Max 7 airliner even though it does not meet a safety standard.