Boeing’s announcement on Sunday that it had agreed to plead guilty to a federal criminal charge as part of a deal with the Justice Department was the culmination of a yearslong crisis involving the company’s 737 Max plane. The agreement may help Boeing put to rest a federal case stemming from two fatal crashes of…
Boeing agreed on Sunday to plead guilty to a felony charge of conspiring to defraud the federal government over two fatal crashes of the 737 Max in 2018 and 2019, according to a late-night court filing. In the deal with the department, outlined in part in the court filing, Boeing also agreed to pay a…
Boeing said on Monday that it had agreed to buy a major supplier, Spirit AeroSystems, ending a nearly two-decade experiment in outsourcing production of major components of its commercial planes, including the body of the 737 Max and parts of the 767, 777 and 787. In buying Spirit, Boeing hopes to stem quality problems that…
Boeing drew fresh criticism from a federal regulator on Thursday over disclosures about the continuing investigation into a harrowing January flight in which one of the company’s 737 Max planes lost a panel, exposing passengers to howling winds at an altitude of about 16,000 feet. Addressing reporters at a company factory in Renton, Wash., Elizabeth…
Boeing says it has achieved significant quality improvements in the production of the 737 Max since one of the planes lost a panel in a harrowing flight in January. The incident, on an Alaska Airlines flight, resulted in no major injuries, but it raised fresh concerns about the quality of Boeing’s planes more than five…
In a bid to acquire a key supplier, Boeing has shifted how it plans to pay for the deal, according to two people familiar with the negotiations, a move that could help the plane maker preserve money as it addresses safety and quality problems. Boeing would use stock instead of cash to buy Spirit AeroSystems,…
Boeing on Wednesday reported a $355 million loss for the first three months of the year, as it deals with a quality crisis stemming from a Jan. 5 flight in which a panel blew off one of its planes. The loss was not as steep as investor analysts had expected. Boeing brought in more than…
Two framed documents from a long career at Boeing hang side by side in Merle Meyers’s home: A certificate from 2022 that thanks him for three decades of service. And a letter he received months later reprimanding him for his performance. The documents reflect his conflicting emotions about the company. Mr. Meyers, who worked as…
When Boeing named Stephanie Pope to the new position of chief operating officer in December, the move was widely viewed as a sign that she might succeed the company’s chief executive, Dave Calhoun, in the next few years. Four months later, facing its second big crisis in five years, the company has begun a fresh…
In February last year, a new Southwest Airlines Boeing 737 Max plane was on one of its first flights when an automated stabilizing system appeared to malfunction, forcing the pilots to make an emergency landing soon after they took off. Less than two months later, an Alaska Airlines 737 Max plane with eight hours of…
