Troubled low-cost airline Norwegian said Thursday its net losses deepened in the first quarter of the year as the grounding of its Boeing 737 MAX 8 aircraft could cost it $58 million.
Business
Apr 25, 2019
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Aviation giant Boeing has suffered a $1 billion hit to its bottom line amid the crisis over its 737 MAX aircraft, grounded worldwide after two deadly crashes, the company said Wednesday.
Business
Apr 24, 2019
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When Boeing releases first quarter results Wednesday, investors will be looking beyond profit and revenue numbers to clues about the fate of the company's best-selling plane and when it might fly again.
Business
Apr 24, 2019
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Under growing scrutiny from investors and regulators, embattled US aerospace giant Boeing will have a chance this week to reset the narrative as it aims to pivot from two deadly crashes that have grounded a top-selling plane.
Business
Apr 23, 2019
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United Continental still expects to receive new Boeing 737 MAX planes in 2019 and does not expect a fight with the manufacturer over recovering costs from the planes' grounding, United executives said Wednesday.
Business
Apr 17, 2019
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The changes US aircraft manufacturer Boeing has proposed in the wake of two deadly accidents of its top-selling 737 MAX aircraft were deemed "operationally suitable," according to a draft report released by US regulators ...
Business
Apr 17, 2019
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Advanced technologies deliver benefits every day. But, sometimes interactions with technology can go awry and lead to disaster.
Business
Apr 16, 2019
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American Airlines announced Sunday it would scrap some 115 flights per day in the coming months because its fleet of Boeing 737 MAX planes is being grounded until August 19.
Business
Apr 15, 2019
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Southwest Airlines customers relaxing on Thursday evening got an email that may mean their summer vacation could be more stressful and expensive than they planned.
Business
Apr 12, 2019
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The US Federal Aviation Administration (FAA) announced Thursday it would meet with American commercial airlines that use the Boeing 737 MAX, which has been grounded worldwide since mid-March following two accidents that killed ...
Business
Apr 12, 2019
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