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Boeing’s long-term debt has climbed to $53 billion at the end of June from $10.7 billion at the end of March 2019, when a second fatal crash of the 737 Max led to a 20-month grounding of that ...
Boeing has experienced all manner of bad news in the last six years, and almost nothing but problems. Later this month it could add a strike by 32,000 workers to its list of woes.
Boeing’s problems aren’t just Boeing’s. They also could spell trouble for the broader US economy. ... The aircraft manufacturer is a massive company with a workforce of more than 140,000 ...
The vote also coincides with Boeing's third-quarter results, in which ... but the salary hikes still fall short of a 40% pay rise over four years demanded by the Machinists' union. ...
June 28: Alaska returns the aircraft involved in Flight 1282 to Boeing, to reduce storage and maintenance costs for the airline. [140] [141] June 30: Boeing agrees to buy back Spirit AeroSystems for $4.7 billion to bring 737 fuselage construction in-house. The deal is expected to close in mid-2025. [142] [143]
Then, all the quality problems, plus new FAA design requirements, and routine maintenance on aircraft stored for many months delayed delivery once the FAA approved the Max for flight at the end of ...
The Boeing 737 MAX 9 involved in Alaska Airlines Flight 1282.. On January 5, 2024, Alaska Airlines Flight 1282 experienced uncontrolled decompression after door plugs securing the emergency exit door panel ejected on the Boeing 737 MAX 9 aircraft used on the flight; the configuration on the 737 MAX 9 included fewer seats than Boeing designs for, necessitating a door plug to obstruct an ...
Boeing lost 45 orders for the MAX, following cancellations and conversions, through the first 10 months of 2019. [54] On January 14, 2020, Boeing reported a net loss of 87 aircraft orders in 2019, its worst performance in three decades; airline customers had canceled 183 orders for the MAX, while Boeing received only 96 orders for other aircraft.