Latest news with #DaveCalhoun
&w=3840&q=100)
First Post
5 days ago
- Business
- First Post
Boeing hit by fresh strike as years of turmoil continue to haunt US planemaker
More than 3,000 workers walked out just after midnight on Monday, disrupting operations at three US plants where fighter jets are built read more The Boeing logo is seen on the side of a Boeing 737 MAX. File image/Reuters Boeing has been hit by a fresh labour strike, compounding the company's long-running troubles as it attempts to recover from a decade of safety lapses, legal scrutiny and executive shake-ups. More than 3,000 workers walked out just after midnight on Monday, disrupting operations at three US plants where fighter jets are built. The strike, led by members of the International Association of Machinists and Aerospace Workers, marks Boeing's second major labour disruption in under a year. STORY CONTINUES BELOW THIS AD The timing is difficult. Once a symbol of American industrial might, Boeing is still struggling to restore confidence after years of fatal crashes, investigations and internal upheaval. A turbulent history of safety and scandal The company's troubles began with issues on its flagship 787 Dreamliner. Battery fires led to a global grounding of the aircraft shortly after its introduction, raising early doubts about Boeing's reliance on new technologies and outsourcing. The launch of the 737 Max was initially seen as a commercial triumph. But that image crumbled following two devastating crashes involving Lion Air and Ethiopian Airlines flights. The disasters, which killed a total of 346 people, were eventually linked to a faulty flight-control system known as MCAS. Pilots were not properly informed about the system, and subsequent investigations revealed that Boeing had downplayed its significance during regulatory approval. The 737 Max was grounded worldwide. Amid mounting criticism, Boeing's then-chief executive was removed from his post. Legal fallout and leadership changes Federal prosecutors later accused the company of fraud, citing a pattern of misleading behaviour toward safety regulators. Boeing paid billions to settle the charges, including a deal with the US Justice Department that allowed it to avoid prosecution if certain conditions were met. The company's efforts to move on were repeatedly disrupted by fresh incidents. In early 2024, a panel detached mid-flight from a 737 Max 9 operated by Alaska Airlines. Though no one was harmed, the event reignited concerns about Boeing's manufacturing standards. A panel of independent experts later concluded that the company's safety culture remained deficient. That same year, a LATAM Airlines Dreamliner suddenly plunged during a flight between Australia and New Zealand, injuring dozens. Boeing advised airlines to inspect cockpit seat switches after it was suggested a seat malfunction may have triggered the incident. Facing increasing pressure, CEO Dave Calhoun announced he would step down by the end of 2024. His departure was followed by the appointment of Kelly Ortberg, an engineer and former aerospace supplier executive, signalling a move to refocus on Boeing's technical foundations. Ongoing labour unrest and federal scrutiny The company's labour woes have only added to its crisis. In September last year, tens of thousands of factory workers walked off the job in a strike that halted production for weeks. That action was Boeing's first major strike in 16 years. STORY CONTINUES BELOW THIS AD Though the company recently reached a final legal settlement over the Max crashes, agreeing to plead guilty to conspiracy and to pay more than $1.1bn in penalties and compensation, it still faces a long road to regaining trust. This week's walkout is a fresh reminder that all is not well inside Boeing. For a company that once stood at the pinnacle of global aviation, the climb back to stability remains steep and uncertain. With inputs from agencies
&w=3840&q=100)
Business Standard
6 days ago
- Business
- Business Standard
Boeing addresses labour strike amid attempt to revive its reputation
A strike by thousands of workers who build fighter jets for Boeing at three US plants is the second labour disruption for the plane builder in less than a year. The strike that began just after midnight Monday involving more than 3,000 members of the International Association of Machinists and Aerospace Workers arrives as Boeing is attempting to resuscitate its reputation. Boeing, once a beacon of US manufacturing and the gold standard in the global aircraft industry, has been rocked by fatal crashes, investigations and changes in leadership. Following is a quick rundown of events that have buffeted the Arlington, Va., company. January 2013: 787s worldwide are grounded nearly three weeks after lithium-ion batteries that are part of the planes led to a fire in one plane and smoke in a second. August 2015: The first 737 Max plane rolls off the production line, and within a year, it is undergoing flight tests. October 29, 2018: Lion Air Flight 610, a Boeing 737 Max 8, plunges into the Java Sea off the coast of Indonesia minutes after takeoff from Jakarta, killing all 189 people on board. Questions are raised over a new Boeing flight-control system called MCAS that Boeing did not disclose to pilots and airlines. Indonesian investigators say the Flight 610 pilots struggled for control as the automated system pushed the nose of the plane down more than two dozen times. March 1, 2019: Wall Street remains enamoured with Boeing as commercial aircraft orders rocket. Shares of Boeing Co. close at an all-time high of $ 430.35. March 10, 2019: Ethiopian Airlines Flight 302, a Boeing 737 Max 8, crashes after takeoff from Addis Ababa, Ethiopia, killing 157 passengers and crew members. Shares of Boeing began a long, downward slide and have yet to recover. March 2019: Within days of the second crash, the US Federal Aviation Administration and regulators in nations around the world ordered the grounding of all 737 Max jets. December 23, 2019: Boeing ousts CEO Dennis Muilenburg, who was seen as pressuring the FAA to lift the Max grounding order. January 7, 2021: US Justice Department charges Boeing with fraud but won't prosecute the company for misleading regulators about the 737 Max if it pays a $ 2.5 billion settlement. January 5, 2024: A panel covering an unused emergency exit blows off a 737 Max 9 during an Alaska Airlines flight. Pilots land the plane safely. February 26, 2024: A panel of outside experts, convened after the two deadly crashes, reports Boeing's safety culture falls short despite the company's efforts to fix it. March 11, 2024: A LATAM Airlines Boeing 787-9 Dreamliner flight between Australia and New Zealand suddenly plunges, injuring 50 people. Boeing tells airlines to inspect switches on pilots' seats after a published report said an accidental cockpit seat movement likely caused the rapid loss of altitude. March 25, 2024: Dave Calhoun, who replaced Muilenburg, says he will step down as CEO by year-end as part of a broader shakeup of Boeing leadership. July 7, 2024: Boeing agrees to plead guilty to conspiracy to defraud the US government for misleading regulators who approved pilot-training standards for the Max. July 31, 2024: Boeing names Kelly Ortberg as its new chief executive. Ortberg is a trained engineer and was CEO of aerospace supplier Rockwell Collins for eight years. Many see his appointment as an attempt by Boeing to get back to its roots. Sept 13, 2024: About 33,000 Boeing factory workers walk off the job in a strike that will cripple production at one of the preeminent manufacturers in the US for almost two months. It is the first labour action taken against the company in 16 years. May 23, 2025: The Justice Department reaches a deal with Boeing that takes criminal prosecution off the table for allegedly misleading regulators about the 737 Max jetliner before the two fatal plane crashes. Boeing agreed to pay or invest more than $ 1.1 billion, including an additional $ 445 million for crash victims' families, removing the risk of a criminal conviction that would have jeopardised the company's status as a federal contractor. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Mint
6 days ago
- Business
- Mint
Boeing addresses more labour strike amid attempt to resuscitate its reputation
Arlington (US), Aug 4 (AP) A strike by thousands of workers who build fighter jets for Boeing at three US plants is the second labour disruption for the plane builder in less than a year. The strike that began just after midnight Monday involving more than 3,000 members of the International Association of Machinists and Aerospace Workers arrives as Boeing is attempting to resuscitate its reputation. Boeing, once a beacon of US manufacturing and the gold standard in the global aircraft industry, has been rocked by fatal crashes, investigations and changes in leadership. Following is a quick rundown of events that have buffeted the Arlington, Va., company. January 2013: 787s worldwide are grounded nearly three weeks after lithium-ion batteries that are part of the planes led to a fire in one plane and smoke in a second. August 2015: The first 737 Max plane rolls off the production line, and within a year, it is undergoing flight tests. October 29, 2018: Lion Air Flight 610, a Boeing 737 Max 8, plunges into the Java Sea off the coast of Indonesia minutes after takeoff from Jakarta, killing all 189 people on board. Questions are raised over a new Boeing flight-control system called MCAS that Boeing did not disclose to pilots and airlines. Indonesian investigators say the Flight 610 pilots struggled for control as the automated system pushed the nose of the plane down more than two dozen times. March 1, 2019: Wall Street remains enamoured with Boeing as commercial aircraft orders rocket. Shares of Boeing Co. close at an all-time high of USD 430.35. March 10, 2019: Ethiopian Airlines Flight 302, a Boeing 737 Max 8, crashes after takeoff from Addis Ababa, Ethiopia, killing 157 passengers and crew members. Shares of Boeing began a long, downward slide and have yet to recover. March 2019: Within days of the second crash, the US Federal Aviation Administration and regulators in nations around the world ordered the grounding of all 737 Max jets. December 23, 2019: Boeing ousts CEO Dennis Muilenburg, who was seen as pressuring the FAA to lift the Max grounding order. January 7, 2021: US Justice Department charges Boeing with fraud but won't prosecute the company for misleading regulators about the 737 Max if it pays a USD 2.5 billion settlement. January 5, 2024: A panel covering an unused emergency exit blows off a 737 Max 9 during an Alaska Airlines flight. Pilots land the plane safely. February 26, 2024: A panel of outside experts, convened after the two deadly crashes, reports Boeing's safety culture falls short despite the company's efforts to fix it. March 11, 2024: A LATAM Airlines Boeing 787-9 Dreamliner flight between Australia and New Zealand suddenly plunges, injuring 50 people. Boeing tells airlines to inspect switches on pilots' seats after a published report said an accidental cockpit seat movement likely caused the rapid loss of altitude. March 25, 2024: Dave Calhoun, who replaced Muilenburg, says he will step down as CEO by year-end as part of a broader shakeup of Boeing leadership. July 7, 2024: Boeing agrees to plead guilty to conspiracy to defraud the US government for misleading regulators who approved pilot-training standards for the Max. July 31, 2024: Boeing names Kelly Ortberg as its new chief executive. Ortberg is a trained engineer and was CEO of aerospace supplier Rockwell Collins for eight years. Many see his appointment as an attempt by Boeing to get back to its roots. Sept 13, 2024: About 33,000 Boeing factory workers walk off the job in a strike that will cripple production at one of the preeminent manufacturers in the US for almost two months. It is the first labour action taken against the company in 16 years.
Mint
6 days ago
- Business
- Mint
Boeing addresses more labour strike amid attempt to resuscitate its reputation
Arlington (US), Aug 4 (AP) A strike by thousands of workers who build fighter jets for Boeing at three US plants is the second labour disruption for the plane builder in less than a year. The strike that began just after midnight Monday involving more than 3,000 members of the International Association of Machinists and Aerospace Workers arrives as Boeing is attempting to resuscitate its reputation. Boeing, once a beacon of US manufacturing and the gold standard in the global aircraft industry, has been rocked by fatal crashes, investigations and changes in leadership. Following is a quick rundown of events that have buffeted the Arlington, Va., company. January 2013: 787s worldwide are grounded nearly three weeks after lithium-ion batteries that are part of the planes led to a fire in one plane and smoke in a second. August 2015: The first 737 Max plane rolls off the production line, and within a year, it is undergoing flight tests. October 29, 2018: Lion Air Flight 610, a Boeing 737 Max 8, plunges into the Java Sea off the coast of Indonesia minutes after takeoff from Jakarta, killing all 189 people on board. Questions are raised over a new Boeing flight-control system called MCAS that Boeing did not disclose to pilots and airlines. Indonesian investigators say the Flight 610 pilots struggled for control as the automated system pushed the nose of the plane down more than two dozen times. March 1, 2019: Wall Street remains enamoured with Boeing as commercial aircraft orders rocket. Shares of Boeing Co. close at an all-time high of USD 430.35. March 10, 2019: Ethiopian Airlines Flight 302, a Boeing 737 Max 8, crashes after takeoff from Addis Ababa, Ethiopia, killing 157 passengers and crew members. Shares of Boeing began a long, downward slide and have yet to recover. March 2019: Within days of the second crash, the US Federal Aviation Administration and regulators in nations around the world ordered the grounding of all 737 Max jets. December 23, 2019: Boeing ousts CEO Dennis Muilenburg, who was seen as pressuring the FAA to lift the Max grounding order. January 7, 2021: US Justice Department charges Boeing with fraud but won't prosecute the company for misleading regulators about the 737 Max if it pays a USD 2.5 billion settlement. January 5, 2024: A panel covering an unused emergency exit blows off a 737 Max 9 during an Alaska Airlines flight. Pilots land the plane safely. February 26, 2024: A panel of outside experts, convened after the two deadly crashes, reports Boeing's safety culture falls short despite the company's efforts to fix it. March 11, 2024: A LATAM Airlines Boeing 787-9 Dreamliner flight between Australia and New Zealand suddenly plunges, injuring 50 people. Boeing tells airlines to inspect switches on pilots' seats after a published report said an accidental cockpit seat movement likely caused the rapid loss of altitude. March 25, 2024: Dave Calhoun, who replaced Muilenburg, says he will step down as CEO by year-end as part of a broader shakeup of Boeing leadership. July 7, 2024: Boeing agrees to plead guilty to conspiracy to defraud the US government for misleading regulators who approved pilot-training standards for the Max. July 31, 2024: Boeing names Kelly Ortberg as its new chief executive. Ortberg is a trained engineer and was CEO of aerospace supplier Rockwell Collins for eight years. Many see his appointment as an attempt by Boeing to get back to its roots. Sept 13, 2024: About 33,000 Boeing factory workers walk off the job in a strike that will cripple production at one of the preeminent manufacturers in the US for almost two months. It is the first labour action taken against the company in 16 years. May 23, 2025: The Justice Department reaches a deal with Boeing that takes criminal prosecution off the table for allegedly misleading regulators about the 737 Max jetliner before the two fatal plane crashes. Boeing agreed to pay or invest more than USD 1.1 billion, including an additional USD 445 million for crash victims' families, removing the risk of a criminal conviction that would have jeopardised the company's status as a federal contractor. (AP) SKS RD RD
News18
6 days ago
- Business
- News18
Boeing addresses more labour strike amid attempt to resuscitate its reputation
Agency: Arlington (US), Aug 4 (AP) A strike by thousands of workers who build fighter jets for Boeing at three US plants is the second labour disruption for the plane builder in less than a year. The strike that began just after midnight Monday involving more than 3,000 members of the International Association of Machinists and Aerospace Workers arrives as Boeing is attempting to resuscitate its reputation. Boeing, once a beacon of US manufacturing and the gold standard in the global aircraft industry, has been rocked by fatal crashes, investigations and changes in leadership. Following is a quick rundown of events that have buffeted the Arlington, Va., company. ___ January 2013: 787s worldwide are grounded nearly three weeks after lithium-ion batteries that are part of the planes led to a fire in one plane and smoke in a second. August 2015: The first 737 Max plane rolls off the production line, and within a year, it is undergoing flight tests. October 29, 2018: Lion Air Flight 610, a Boeing 737 Max 8, plunges into the Java Sea off the coast of Indonesia minutes after takeoff from Jakarta, killing all 189 people on board. Questions are raised over a new Boeing flight-control system called MCAS that Boeing did not disclose to pilots and airlines. Indonesian investigators say the Flight 610 pilots struggled for control as the automated system pushed the nose of the plane down more than two dozen times. March 1, 2019: Wall Street remains enamoured with Boeing as commercial aircraft orders rocket. Shares of Boeing Co. close at an all-time high of USD 430.35. March 10, 2019: Ethiopian Airlines Flight 302, a Boeing 737 Max 8, crashes after takeoff from Addis Ababa, Ethiopia, killing 157 passengers and crew members. Shares of Boeing began a long, downward slide and have yet to recover. March 2019: Within days of the second crash, the US Federal Aviation Administration and regulators in nations around the world ordered the grounding of all 737 Max jets. December 23, 2019: Boeing ousts CEO Dennis Muilenburg, who was seen as pressuring the FAA to lift the Max grounding order. January 7, 2021: US Justice Department charges Boeing with fraud but won't prosecute the company for misleading regulators about the 737 Max if it pays a USD 2.5 billion settlement. January 5, 2024: A panel covering an unused emergency exit blows off a 737 Max 9 during an Alaska Airlines flight. Pilots land the plane safely. February 26, 2024: A panel of outside experts, convened after the two deadly crashes, reports Boeing's safety culture falls short despite the company's efforts to fix it. March 11, 2024: A LATAM Airlines Boeing 787-9 Dreamliner flight between Australia and New Zealand suddenly plunges, injuring 50 people. Boeing tells airlines to inspect switches on pilots' seats after a published report said an accidental cockpit seat movement likely caused the rapid loss of altitude. March 25, 2024: Dave Calhoun, who replaced Muilenburg, says he will step down as CEO by year-end as part of a broader shakeup of Boeing leadership. July 7, 2024: Boeing agrees to plead guilty to conspiracy to defraud the US government for misleading regulators who approved pilot-training standards for the Max. July 31, 2024: Boeing names Kelly Ortberg as its new chief executive. Ortberg is a trained engineer and was CEO of aerospace supplier Rockwell Collins for eight years. Many see his appointment as an attempt by Boeing to get back to its roots. Sept 13, 2024: About 33,000 Boeing factory workers walk off the job in a strike that will cripple production at one of the preeminent manufacturers in the US for almost two months. It is the first labour action taken against the company in 16 years. May 23, 2025: The Justice Department reaches a deal with Boeing that takes criminal prosecution off the table for allegedly misleading regulators about the 737 Max jetliner before the two fatal plane crashes. Boeing agreed to pay or invest more than USD 1.1 billion, including an additional USD 445 million for crash victims' families, removing the risk of a criminal conviction that would have jeopardised the company's status as a federal contractor. (AP) SKS RD RD (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: August 04, 2025, 18:15 IST News agency-feeds Boeing addresses more labour strike amid attempt to resuscitate its reputation Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
