Boeing 737 MAX

Senators blast FAA ‘stonewalling’ 737 MAX investigation

Large bald man, the head of the FAA, speaks before congressional committee.

Federal Aviation Administration chief Stephen Dickson on Wednesday acknowledged that the agency and Boeing (NYSE: BA) made mistakes in the development of the 737 MAX, and said he is committed to improving the certification process and that the plane must go through several more review steps before it can be recertified for commercial service.

During a hearing that got testy at times, members of the Senate Commerce, Science and Transportation Committee accused the FAA of “stonewalling” their...

https://s29755.pcdn.co/news/senators-blast-faa-stonewalling-737-max-investigation

Senate bill targets FAA certification process used for 737 MAX

A blue and white 737 MAX next to a hangar at a Boeing facility.

Bipartisan legislation introduced in the Senate Tuesday would reform the way the Federal Aviation Administration certifies aircraft after investigations found problems with how the Boeing 737 MAX was deemed airworthy before it suffered two mass-casualty crashes.

The Aircraft Safety and Certification Reform Act of 2020 would address a number of issues related to the manufacture of commercial aircraft, most notably incorporating human factors in assessments of pilot responses to cockpit alerts and...

https://www.freightwaves.com/news/senate-bill-targets-faa-certification-process-used-for-737-max

Boeing tells 737 MAX fuselage maker to pause production

Aircraft fuselages lined up for assembly

Boeing [NYSE: BA] told its supplier of aircraft fuselages to pause production on four 737 MAX units and avoid starting work on another 16 units scheduled for delivery this year.

The aircraft manufacturer said it’s decision is tied to the coronavirus’ devastating impact on the airline industry’s finances and the need to avoid unnecessary production costs when airlines are canceling or postponing orders for new airplanes they no longer can afford. Airlines grounded most of their fleets in response...

https://s29755.pcdn.co/news/boeing-tells-737-max-fuselage-maker-to-pause-production

United Deep Dive: Earnings call underscores airlines’ disciplined survival plan

White jet on appoach for landing.

No one knows when the economic depression will end. It’s no surprise that many companies lost money in the first quarter and will have worse results during the second quarter. Instead, investors are trying to figure out who is able to recover fastest and win market share in a post-pandemic reopening.

That’s why no one cares that United Airlines (NASDAQ: UAL) lost $1.7 billion in the first three months of the year. For the airline industry the metrics that count now are liquidity and cash burn....

https://s29755.pcdn.co/news/united-deep-dive-earnings-call-underscores-airlines-disciplined-survival-plan

+ More