The U.S. Justice Department and Boeing told a court on Friday they have not reached agreement on a revised plea deal after a U.S. judge in December rejected the deal, faulting a diversity and inclusion provision.
Approaching one year since the Alaska Airlines (ALK) incident that saw a door panel detach from a Boeing (BA) plane in midair, outgoing Federal Aviation Administration (FAA) head Mike Whitaker said the plane maker's safety turnaround plan is "not a one-year project."
Boeing Co (NYSE:BA, ETR:BCO) has announced the implementation of more than a dozen new quality control checks across its airline manufacturing process following several incidents involving its airplanes. The company has come under scrutiny over the last year following multiple incidents, including a mid-flight panel blowout on an Alaska Airlines flight in January 2024.
Nearly a year after the infamous door plug blowout incident at one its aircrafts, Boeing on Friday gave updates regarding the steps it has taken over the last year to improve safety standards. Boeing said it has addressed over 70% of employee suggestions from quality training programs, forming cross-functional teams to resolve manufacturing challenges.
Billy Nolen, former Acting FAA administrator and Archer Aviation chief safety, joins 'Squawk Box' to discuss the progress Boeing has made in its production safety.
CNBC's Phil LeBeau reports on Boeing's changes one year after a plane's door was blown out.
David Banmiller, President of Falcon Group, discusses Boeing's current situation, emphasizing that while the company is on the right track with new leadership, it will take time for a turnaround. He highlights the strong demand for Boeing's products and a significant order backlog but stresses the importance of focusing on quality to regain investor confidence.
Safety and quality need to be placed above profit at Boeing, says the head of the FAA.
Boeing (BA -2.90%) stock rose by 13.9% in December, according to data provided by S&P Global Market Intelligence. The move put a little shine on a disappointing year for the company and comes down to some positive news for Boeing.
The Federal Aviation Administration's tougher oversight of Boeing will continue indefinitely, the agency's outgoing head said on Friday, nearly a year after a door panel missing four key bolts flew off a new Alaska Airlines 737 MAX 9 in mid-air.
The company published a safety update detailing some of the steps it has taken to improve manufacturing quality.
South Korea's transport ministry has extended special inspections of all 101 of the Boeing 737-800 jets run by the country's airlines by a week, after the worst aviation disaster on the country's soil, a ministry official said on Friday.