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The Latest Breaking News from Boeing

Plane Overshoots Runway, Closes Airport in Southern France

An airport serving France's southern Mediterranean coast is closed indefinitely after a cargo plane overshot its runway on landing and finished nose-down in the water of an adjacent lake before dawn on Saturday. The three people aboard were rescued unharmed from the Aeropostale Boeing 737 that was laden with air…

Asharq Al-Awsat

Blow for Boeing as Airbus lands major plane order from China

China's Xiamen Airlines has ordered 40 new aircraft from Airbus, becoming the latest Chinese carrier to favour the European manufacturer over US rival Boeing.

Radio France Internationale

Top Financial Media Stories Friday, September 23: Apple Resolves iPhone 14 Pro Camera Glitch, Credit Suisse Shares Tumble As It Looks For Capital Infusion, Boeing Penalized $200M For Misleading About 737 MAX Safety And More..

Reuters

Benzinga

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First Thing: Iran’s president says Mahsa Amini death must be investigated

Ebrahim Raisi says he has contacted family of Kurdish woman who died in custody, as outrage spreads across country. Plus, say goodbye to the ‘tiger mom’

The Guardian - UK

Boeing fined $200m for misleading investors on 737 MAX safety

NEW YORK: US securities officials fined Boeing $200 million over the aviation giant's misleading assurances about the safety of the 737 MAX airplane following two deadly crashes, regulators announced Thursday.

Bangkok Post

Boeing will pay $200 million to settle SEC charges over 737 Max crashes

The SEC charges Boeing and its former CEO Dennis Muilenburg "with making materially misleading public statements" following 737 Max crashes in 2018 and 2019 that killed 346 people.

WEKU

Boeing to pay $200 million to settle SEC’s probe over 737 Max

Boeing Co. agreed to pay $200 million to settle US Securities and Exchange Commission allegations that the company and its former Chief Executive Officer Dennis Muilenburg failed to properly disclose safety issues with its 737 Max jetliner.

Tribune News Service

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Boeing will outsource more corporate jobs to India

Boeing told nonunion corporate staff in an all-hands virtual meeting this month that it will begin outsourcing finance and accounting jobs to Tata Consultancy Services of India.

Tribune News Service

Boeing to pay $200m to settle charges it misled investors over 737 Max crashes

Company and former CEO made misleading statements about the jets involved in two crashes that killed 346 people

The Guardian - US

After McDonald’s CEO says Chicago needs to ‘face facts’ about problems, Mayor Lightfoot says he should ‘educate himself’ before speaking

CHICAGO — Mayor Lori Lightfoot fired back Wednesday at McDonald’s CEO Chris Kempczinski after he raised concerns about crime in Chicago, and she defended the city’s economic outlook.

Chicago Tribune

Dreams of flight dashed? Flying car firm backed by Google co-founder shuts down

Kittyhawk had built and flown more than 100 aircraft. But not all hope is lost, as UK and European competitors have been catching up

Evening Standard

Top Financial Media Stories Wednesday, September 21: Amazon's Roomba Maker Acquisition Attracts Regulatory Attention, Binance And FTX Bid For Voyager Digital's Assets, Germany Nationalizes Gas Giant Uniper To Avert Energy Crisis And More..

Wall Street Journal

Benzinga

Ocean Shipping Lines Turn to Planes as Supply-Chain Snarls Deepen

For the giants of ocean trade, big ships aren't enough anymore; they need planes, too.

Bangkok Post

Boeing Whale Trades For September 20

A whale with a lot of money to spend has taken a noticeably bearish stance on Boeing. Looking at options history for Boeing (NYSE:BA) we detected 73 strange trades.

Benzinga

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Tribune News Service

American Airlines is revamping premium class with private suites, lay-flat seats

American Airlines is overhauling its most exclusive seating on long-haul jets, adding “private suites” with lay-flat seats that could compete head-to-toe against premium foreign carriers.

Reuters

Aviation regulator met Boeing about 737 MAX's return to China

China's aviation regulator said on Tuesday it held a meeting with Boeing last week about the return of the 737 MAX to China, a day before the planemaker's top executives said they would begin remarketing some jets meant for Chinese customers.

Asharq Al-Awsat

Boeing: Mideast to Require 2,980 New Airplanes

The United States-based aviation giant, Boeing, forecasted that airline fleets will nearly double by 2041. Middle Eastern carriers have successfully managed through challenges brought on by the pandemic by adjusting their business models and increasing usage of freighters to maximize revenue. Looking ahead, the region’s fleet is forecasted to expand…

Wales Online

Seats to avoid for a better flight with Ryanair, easyJet and British Airways

A good seat can help travellers arrive well-rested at their destination, while a bad seat can lead to a stressful and uncomfortable journey

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St. Louis Post-Dispatch

How a St. Louis church is teaching teens to fly. 'It really changed everything for me'

CHESTERFIELD, Missouri — Derreck Beal Jr. sat in the front seat of his mom’s Nissan on a recent Friday morning traveling down Highway 40 when he got the news.

The Independent UK

China sanctions Raytheon, Boeing Defense CEOs over Taiwan

China has announced sanctions against the CEOs of American defense contractors Raytheon and Boeing Defense over a major arms sale to rival Taiwan

Al Jazeera

China sanctions CEOs of Boeing Defense, Raytheon over Taiwan arms

Sanctions placed on Boeing Defense CEO Colbert and Raytheon Technologies boss Hayes for selling Taiwan weapons.

The Independent UK

Smoke pours from Air India flight as passengers rush to evacuate

Some onboard were criticised for grabbing their bags before leaving the smoking aircraft

Tribune News Service

Boeing to resell some 737 Maxes built for Chinese airlines

Boeing's top executives said Thursday they will begin to resell some of the 737 Maxes built for Chinese airlines, a signal of impatience with the protracted closure of the Chinese aviation market.

Benzinga

Boeing Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bullish stance on Boeing. Looking at options history for Boeing (NYSE:BA) we detected 104 strange trades.

Chicago Tribune

McDonald’s plans to expand Chicago HQ, but CEO says city needs to ‘face facts’ about downtown business climate

McDonald’s CEO Chris Kempczinski raised concerns about the effects of crime on doing business in Chicago, even as the company announced plans to bring more of its suburban employees downtown.

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