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The Latest Breaking News from Boeing

737 MAX Crashes Victims' Families Object to Boeing's "Sweetheart" Plea Deal

My motion for the victims' families asks the district court to reject the proposed plea agreement because of its deceptive factual premises, its inaccurate Sentencing Guidelines foundation, and its inadequate accounting for the deaths Boeing caused.

Reason

Families of victims in Boeing 737 Max crashes urge judge to reject plea deal

Relatives of 346 people killed in 2018 and 2019 crashes say planemaker should face a much higher fine

The Guardian - US

The new Boeing CEO must focus on 3 things to turn around the troubled company

Analysts agree that Ortberg needs to bring innovation and transparency back to the aerospace giant.

Fortune

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Meet Boeing's new CEO Kelly Ortberg

New Boeing CEO Kelly Ortberg is "capable of fixing the management floor with his left hand and choosing the right new plane with his right hand," notes one analyst.

Fortune

Boeing Names New CEO Amid Boeing Names New CEO Amid Top News.4B Q2 Loss.4B Q2 Loss

Boeing names Robert Ortberg as new CEO amidst financial losses and safety concerns.

Top News

Boeing Names New CEO As It Reports Hefty Loss

Boeing named former Rockwell Collins chief Robert "Kelly" Ortberg its next CEO Wednesday, as the aviation giant reported a hefty loss on continued operational problems.

International Business Times

Boeing reports $1.4bn losses as embattled aerospace giant is rocked by safety scandals

Aerospace industry veteran Kelly Ortberg has been appointed as the new CEO to help buoy the embattled company back to profitability

The Independent UK

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Boeing names Robert ‘Kelly’ Ortberg as new president and CEO

Troubled planemaker hopes to turn its fortunes around after huge losses due to 737 Max 9 aircraft line fiascos

The Guardian - US

Boeing names new CEO as it posts a loss of more than $1.4 billion in second quarter

Boeing has a new CEO

The Independent UK

No, Boeing Starliner's NASA astronauts are not stranded in space. Here's why.

Boeing Starliner's historic 1st astronaut mission has been extended repeatedly for thruster troubleshooting. But its two astronauts are not stuck on the ISS.

Space

Stock Index Futures Climb as Focus Shifts to Fed, U.S. ADP Jobs Report and Meta Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are up +0.98%, and September Nasdaq 100 E-Mini futures (NQU24) are up +1.57% this morning as expectations mounted that Fed Chair Jerome Powell might signal a potential rate cut for September, while investors also awaited a fresh batch of U.S. economic data and an…

Barchart

Qantas and Virgin Australia offer free flights for Rex passengers after airline goes bust

Normally when an airline fails, rivals offer ‘rescue fares’ at marginal cost. But the two big Australian carriers are making no charge at all

The Independent UK

A panel that blew off a Boeing jet will get star billing during a Washington hearing

A panel that blew off a Boeing 737 Max during an Alaska Airlines flight will be a key part of a two-day investigative hearing set for next week

The Independent UK

Trump ‘absolutely’ wants to ditch Biden’s Air Force One color scheme for his beloved red, white and dark blue

A former senior Trump White House Official said former president wants to scrap blue and white palette if re-elected

The Independent UK

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AAP

Help on its way for Rex despite 'flawed' expansion

A taxpayer-funded lifeline for Rex Airlines looks increasingly likely as the Albanese government highlights the carrier's "absolutely vital" regional presence.

Space

Boeing's Starliner tests thrusters at ISS as NASA reviews options for astronauts' return to Earth

Boeing's Starliner spacecraft completed a hot fire July 27 at the ISS as part of certification for reentry. Its 1st historic test flight with astronauts is more than 50 days into a planned 10-day mission, following technical issues.

The Guardian - AU

Labor ignored Bonza’s plea for help, as questions linger over what transport officials knew and when

Exclusive: Documents reveal what transport minister Catherine King was advised to say in public as budget Australian airline headed for collapse

The Guardian - AU

Rex forced into trading halt amid questions about the airline’s future

The carrier promises to respond to reports that it has called in turnaround experts as Anthony Albanese says the airline is ‘important’

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Barchart

Option Volatility And Earnings Report For July 29 – August 2

This week we have Apple, Advanced Micro Devices, Amazon, Pfizer, Coinbase, Meta Platforms, Intel, Exxon Mobil, Boeing, PayPal, Starbucks, McDonald’s and Chevron all set to report.

Barchart

FOMC, More Earnings and Other Key Things to Watch this Week

This week we have more earnings to watch out for, plenty of news, and the FOMC statement out on Wednesday.

Space

NASA astronauts hold their own Summer Olympics in space (video)

NASA astronauts held their own mini-Olympics on the International Space Station to mark the start of the Summer Games here on Earth.

International Business Times

Airbus And Boeing Supremacy Secure Despite Turbulence

Boeing's safety troubles and the Airbus scramble to ramp up production should have left a gap for smaller rivals to challenge their dominatiion of the commercial airliner market.

Space

SpaceX moving Crew Dragon splashdowns to West Coast after multiple space debris incidents

The four astronauts flying aboard SpaceX Crew Dragon are supposed to launch no earlier than Aug. 18 and splash down near Florida. Future crews will go to the west coast due to space junk concerns.

International Business Times

Southwest Airlines Abandons Decades-Old Open Seating Policy As Part of Sweeping Changes

The move comes as the airline faces mounting investor pressure to improve financial performance and bolster its share price.

Inverse

With Starliner Astronauts Stuck Indefinitely, The ISS Might Tie A 15-Year-Old Spaceflight Record

According to a NASA press briefing on Thursday morning, the Boeing Starliner spacecraft won’t be leaving its parking spot at the ISS anytime soon.

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