Boeing, Justice Department reach deal to avoid prosecution over deadly 737 Max crashes Recession in Row 33: Plane tickets are getting cheaper as domestic travel demand weakens International ...

Countering recent remarks by Boeing CEO Kelly Ortberg, the acting head of the Federal Aviation Administration said the agency has no current plan to lift its restrictions on 737 MAX production. FAA ...

Boeing BA-3.92%decrease; red down pointing triangle will pay $1.1 billion to avoid prosecution for two crashes of its 737 MAX jets. The agreement with the Justice Department requires the company ...

Boeing will also give $444.5 million to the families of crash victims under the agreement, which was tentatively reached last month. Boeing is also required to pay a criminal monetary penalty of $ ...

WASHINGTON (Reuters) - The acting head of the Federal Aviation Administration said he is not currently considering lifting a production cap of 38 planes per month on Boeing's 737 MAX imposed after ...

The closure of Pakistan airspace to Indian airlines could have a “significant” financial impact on Air India, if the reciprocal measures between the two countries stay in place beyond the ...

Extending the life of its workhorse 737s helped Boeing’s bottom line in the short run. Over time, that approach opened the company to serious problems, including the notorious 737 MAX crashes.

A week later the trade journal Simple Flying announced that Qatar Airways is canceling an order for 25 Boeing 737 Max 10 aircraft and will instead order Airbus aircraft from Europe. Those Boeing ...

Launching a new aircraft to replace the best-selling Boeing 737 Max isn’t an immediate priority, the aircraft manufacturer’s Chief Executive Officer Kelly Ortberg told the Financial Times in ...

This decision follows Boeing's agreement last year to plead guilty in connection to two fatal 737 MAX crashes that claimed 346 lives The Justice Department announced that it has requested a judge ...

WASHINGTON (AP) — The U.S. Justice Department has formally moved to dismiss a criminal fraud charge against Boeing and has asked a judge to ... for allegedly misleading U.S. regulators about the 737 ...