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The Latest Breaking News from Dave Calhoun

Boeing 737 Max disaster casts long shadow as planemaker tries to rebuild fortunes

Planemaker’s leadership team must restore its reputation and its balance sheet amid an uncertain future for the aviation industry

The Guardian - UK

Boeing’s Max 10 regulatory delays threaten $16 billion bonanza

Boeing Co. may be moving to Washington, but right now it needs Washington to move.

Tribune News Service

Boeing shares dive as 777X, Air Force One woes lead to $1.2bn loss

NEW YORK: Boeing shares tumbled Wednesday after the aviation giant reported a $1.2 billion loss in an ugly quarter weighed down by fresh one-time costs on its Russia business, the Air Force One presidential jet and the new 777X plane.

Bangkok Post

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Boeing CEO regrets AF1 Trump deal

Trump deal sours: The company has lost some $1.2 billion on plane, which may not be operable until 2026

Salon

Boeing delays 777X another year and writes off $1.2B as future costs pile up

Boeing on Wednesday disclosed a heavy first-quarter loss as it wrote off $1.2 billion related to two defense-side fixed-price aircraft projects and the impact of the war in Ukraine.

Tribune News Service

Boeing CEO: We Should've Passed On Trump Air Force One Deal

If Boeing Co (NYS:BA) CEO Dave Calhoun could hop a ride in a time machine, he’d travel back to 2018 to halt the $3.9 billion contract his company signed with the Trump administration to build two new Air Force One aircraft.

Benzinga

Boeing lost $660 million on Trump’s Air Force One deal

“Air Force One — I'm just going to call a very unique moment, a very unique negotiation, a very unique set of risks."

Axios

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Boeing CEO says it should have refused Trump’s Air Force One deal that has cost it $660m

Company agreed fix-price contract and to cover any overspend on $4bn project

The Independent UK

China Boeing 737 crash: Grim search as rescue teams comb hillside

Firefighters and paramilitary police deployed to steeply-forested slopes of China’s first air crash in a decade.

Al Jazeera

Footage shows China Eastern Airlines plane nosediving before crash, authorities report 'no survivors' found among wreckage

Footage appears to show the last moments of a doomed Chinese airliner as it dives vertically into the ground with more than 130 passengers and crew on board.

ABC News

Boeing CEO offers 'full support' for China aviation crash probe

Boeing Chief Executive Dave Calhoun told employees on Monday that the planemaker has offered the full support of its technical experts in the investigation of the crash of a China Eastern Airlines 737-800 airplane.

Reuters

Despite Boeing woes, top executives get big paychecks

The compensation for top Boeing's top leadership last year was lowered by the company's deep financial troubles and the flagging stock price. Performance-based awards paid out zero.

Tribune News Service

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