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US lawmakers challenged Boeing Co. to expend the necessary time and effort to reset its safety culture and criticized the planemaker's relationship with regulators as too cozy. Two hearings were held by the Senate.
Crisis-hit Boeing has rushed to defend itself from fresh whistleblower allegations of poor practice, as the airline continues to grapple its latest safety crisis.
Sheila Kahyaoglu, Jefferies aerospace & defense analyst, joins 'Fast Money' to talk a Boeing whistleblower testifying on Capitol Hill and the impact on the stock.
United Airlines (UAL) rises after a 1Q earnings beat. Jarrett Bilous discusses this, as well as how United Airlines has cut its 2024 delivery plan due to Boeing (BA) plane issues.
United Airlines noted in its latest earnings report released this week that the temporary grounding of the Boeing 737 Max 9 in January cost the company about $200 million in losses.
Witnesses at a US Senate hearing on Boeing drew a disturbing picture Wednesday of an aviation giant that blows off safety questions and sidelines critics as it chases faster production and bigger profits.
United Airlines said on Wednesday it has entered into an agreement with Boeing on compensation of financial damages incurred in the first quarter.
The company's manufacturing and safety culture was the subject of Congressional testimony on Wednesday.
The U.S. Department of Transportation's watchdog is looking into the Federal Aviation Administration's oversight of Boeing's manufacturing of 737s and 787s, Semafor reported on Wednesday.
A Boeing engineer told lawmakers the company threatened him for voicing safety concerns. He said his manager would keep him out of meetings and call his personal phone to "berate" him.