NEW YORK (AP) — Insurers for several current and former Boeing board members will pay more than $230 million to settle a lawsuit that accused the directors of failing to address safety warning signs before two of the company’s Max jetliners crashed.
A close adviser to Boeing's ousted CEO will also leave the company.
Mike Luttig was Boeing's general counsel from 2006 until this spring.
Shortly after the crash of a second Boeing 737 Max, the companies premiere aircraft, he was assigned to head the company's legal strategy and to advise the board.
NEW YORK (AP) — Boeing ousted CEO Dennis Muilenburg on Monday with no end in sight to the crisis that has engulfed the vaunted American aircraft manufacturer since the crash of two of its 737 Max airliners...
Two days of congressional hearings have produced internal Boeing documents showing that company employees raised concerns about the design of a key flight-control system and the hectic pace of airplane production long before two 737 Max jets crashed...
Boeing CEO Dennis Muilenburg faced withering questions from senators Tuesday about two crashes of 737 Max jets and whether the company concealed information about a critical flight system...
CHICAGO (AP) — Boeing CEO Dennis Muilenburg has lost his title as chairman of the troubled aircraft manufacturer, nearly a year after the first of two crashes of its 737 Max that together killed 346 people.
Boeing is already estimating a $1 billion increase in costs related to its troubled 737 Max and has pulled its forecast of 2019 earnings because of uncertainty surrounding the jetliner, which remains grounded after two crashes that killed 346 people...
NEW YORK (AP) — A Boeing shareholder is suing the company for allegedly hiding problems with its 737 Max jet to push its shares higher...
ADDIS ABABA, Ethiopia (AP) — A doomed Ethiopian Airlines jet suffered from faulty readings by a key sensor, and pilots followed Boeing's recommended procedures when the plane started to nose dive but could not avoid crashing, according to a preliminary report released Thursday by the Ethiopian government...
DALLAS (AP) — Boeing, flying high on strong demand for airliners and military planes, faces a difficult decision over whether to develop a new plane to fill in a gap in its lineup...