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FAA seeks $3.9 million fine from Boeing for defective parts on 737 NG planes

The Federal Aviation Administration (FAA) said on Friday it seeks to impose a $3.9 million fine on Boeing Co , alleging it failed to prevent the installation of defective parts on about 130 737 NG airplanes......»»

Category: topSource: reutersDec 6th, 2019

FAA seeks $3.9 million fine from Boeing for defective parts on 737 NG planes

FAA seeks $3.9 million fine from Boeing for defective parts on 737 NG planes.....»»

Category: topSource: foxnewsDec 6th, 2019

FAA seeks $3.9 million fine from Boeing for defective parts on 737 NG planes

The Federal Aviation Administration (FAA) said on Friday it seeks to impose a $3.9 million fine on Boeing Co , alleging it failed to prevent the installation of defective parts on about 130 737 NG airplanes......»»

Category: topSource: reutersDec 6th, 2019

Boeing Fined for Using Defective Parts

The U.S. Federal Aviation Administration has set a fine of more than $3.9 million on Boeing for knowingly installing faulty parts in some of its jets......»»

Category: blogSource: 247wallstDec 9th, 2019

Boeing faces another million-dollar FAA fine over faulty 737 Max parts

Federal regulators said late Friday they could slap a $5.4 million fin.....»»

Category: topSource: marketwatchJan 10th, 2020

Boeing hit with $3.9M fine for alleged safety lapses

The U.S. government hit Boeing Co. with a proposed $3.9 million fine on Friday, saying the planemaker installed substandard parts on 133 aircraft and didn’t properly oversee its suppliers......»»

Category: dealsSource: nytDec 7th, 2019

Boeing’s financial woes continue, while families of crash victims urge US to prosecute the company

Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accus.....»»

Category: topSource: chicagotribune5 hr. 21 min. ago

Desperate for more planes, cargo airlines are buying up aging passenger jets. Here"s how they"re converted to fly Amazon packages instead of people.

Only a handful of companies around the world can perform these multi-million-dollar conversions, and slots are booked years in advance. Converting a Boeing 767-30.....»»

Category: topSource: businessinsiderFeb 27th, 2021

Boeing-owned Insitu to pay $25M to settle complaint that it sold drones with used parts

Boeing-owned drone maker Insitu Inc. said Tuesday it will pay $25 million to settle allegations that it violated the False Claims Act by knowingly submitting materially false cost and pricing data for multiple contracts it won with the U.S. Spec.....»»

Category: topSource: bizjournalsJan 12th, 2021

Boeing says it"s about to start building the 737 Max plane again in the middle of the coronavirus pandemic, even though it already has more planes than it can deliver (BA)

David Ryder/Getty Images Boeing seeks to resume production of the 737 Max this month, CEO Dave Calhoun said on F.....»»

Category: topSource: businessinsiderMay 8th, 2020

Boeing is sued for $336 million over canceled 737 MAX order

Boeing Co was sued for $336 million on Wednesday by a Kuwaiti leasing company that accused it of wrongly refusing to return advance payments on a now-canceled order for 40 of its troubled 737 MAX planes......»»

Category: topSource: reutersApr 22nd, 2020

Boeing seeks $10 bln amid 737 MAX crisis: source

The world's largest commercial aircraft manufacturer is seeking to borrow $10 billion or more as it awaits approval for its 737 MAX planes to fly again. Libby Hogan reports......»»

Category: videoSource: reutersJan 21st, 2020

Boeing seeks to borrow billions as Max crisis wears on

The company is suspending production of the planes this month as the grounding stretches into its 11th month......»»

Category: topSource: moneycentralJan 20th, 2020

Boeing seeks to borrow billions as Max crisis wears on

The company is suspending production of the planes this month as the grounding stretches into its 11th month......»»

Category: topSource: moneycentralJan 20th, 2020

Another Boeing supplier is laying off workers over the 737 Max production halt, days after ousted CEO Dennis Muilenburg got a $62 million payout (GE)

REUTERS/Lindsey Wasson/File Photo Another Boeing supplier is laying off staff as companies providing parts.....»»

Category: topSource: businessinsiderJan 14th, 2020

FAA plans to slap Boeing with $5.4 million fine

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchJan 10th, 2020

SEC Seeks $16M From ICOBox for Unregistered Token Sale

The SEC has asked a federal court in California to fine ICOBox more than $16 million for selling illegal ICOS tokens......»»

Category: forexSource: coindeskJan 10th, 2020

Boeing supplier gets new 777X manufacturing equipment for expansion (Photos)

The Tacoma manufacturer of complex plastic and metal parts and components has completed the first phase of its $20 million expansion, which includes robots......»»

Category: topSource: bizjournalsJan 6th, 2020

Turkish Airlines reaches compensation deal over Boeing 737 Max

It's reportedly worth $225 million, including $150 million in compensation and $75 million covering things such as spare parts and training......»»

Category: topSource: foxnewsDec 31st, 2019

Jetstar to cut capacity, weigh sale of three planes as pilot dispute drags

Budget airline Jetstar is cutting domestic capacity by around 10% in January and weighing the sale of three Boeing 787-8 jets to counter industrial action by its pilots that the Australian carrier expects will cost it up to A$25 million ($17 million)......»»

Category: topSource: reutersDec 16th, 2019

Boeing faces $3.9M FAA fine for installing faulty parts on 737 jets

Boeing faces $3.9M FAA fine for installing faulty parts on 737 jets.....»»

Category: topSource: bizjournalsDec 6th, 2019