Tui and Boeing agree deal on 737 Max payout and delivery delays

The holiday operator Tui has agreed a deal with Boeing over compensation for the grounding of its 737 Max planes and to delay deliveries of new planes. Deliveries of 61 new planes to the Anglo-German group will be delayed by two years on average, and Boeing will pay most of the compensation within the next two years. Further details of […]

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Boeing restarts 737 Max production

Boeing, Airbus research stopping coronavirus spread inside planes Boeing and Airbus are teaming up to see how the coronavirus spreads inside a plane and how to disinfect planes between flights. FOX Business’ Ashley Webster with more. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below Boeing has restarted its Renton, Washington, […]

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After betting its future on Boeing, jetmaker Embraer scrambles for elusive plan B

SAO PAULO/PARIS (Reuters) – Brazilian planemaker Embraer SA (EMBR3.SA) has been thrust into an uncertain future with no immediate plan B, while not ruling out seeking a bailout after Boeing Co (BA.N) jettisoned a $4.2 billion commercial aerospace tie-up amid the coronavirus crisis. The company’s shell-shocked chief executive, in the job for a year with little aerospace experience, sought to […]

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Feinberg: Boeing deserves credit for $50M community investment fund

Attorney Feinberg distributing $50M for Boeing victim compensation Victim Compensation Attorney Ken Feinberg discusses Boeing 737 Max victim compensation programs and plans to distribute $50 million to crash victims. Victim compensation attorney Kenneth Feinberg, picked by Boeing to oversee its $100 million victim compensation fund, said Thursday the biggest challenge will be determining where and how the money should be distributed. Continue […]

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Boeing 737 Max: debris found in fuel tanks of grounded planes

Boeing has ordered inspections of its entire fleet of grounded 737 Max planes after it found debris in the fuel tanks of some of the aircraft, in the latest setback for the US planemaker. The specialist aviation blog Leeham News, which first reported the discovery of the “foreign object debris” (FOD), said the inspections would likely not delay the recertification. […]

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