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Aerospace & Defense: Page 25

Lufthansa to Cut Costs After $908M in First Quarter Losses
Lufthansa estimates weeks of airline worker strikes impacted first quarter earnings by as much as €350 million.
Photo: Pradeep Thomas Thundiyil, iStock
Spirit Aero, Airbus Near Critical Talks on Fate of Supplier
Spirit, which was spun out of Boeing in 2005, is in an increasingly stretched financial position as the U.S. planemaker slows output of its 737 aircraft.
Photo: iStock.com/Boarding1Now
Boeing Posts $355M Loss in First Quarter of 2024
The planemaker saw revenue fall 8% year-over-year in Q1, in what CEO David Calhoun called a "tough moment" in a letter to employees.
Photo: gk-6mt, iStock
Alaska Air Profit Forecast Signals Rebound From Max Woes
Alaska shares gained 5% in New York after earlier rising as much as 7.1%, the most in more than two years.
Photo: Bloomberg
Boeing Sharply Criticized at Two Senate Committee Hearings
One witness said there was a disconnect between Boeing management's words about safety and what workers observe on the factory floor.
Photo: gk-6mt, iStock
Number of Boeing Workers Reporting Safety Concerns Skyrockets in 2024
Boeing vice president Lisa Fahl says that the number of workers using the company's service to report safety concerns has risen by 500%.
Charleston, South Carolina. Photo: iStock.com/JHVEPhoto
American Air Pilots Cite ‘Significant’ Jump in Safety Issues
The union message underscores the heightened scrutiny on airline safety following a January incident in which a panel blew off the side of an Alaska Airlines plane mid-flight.
Photo: iStock.com/inside-studio
Boeing Whistleblower Claims 787 Dreamliners at Risk of Breaking Apart
The whistleblower accused the planemaker of subpar safety standards and retaliation for identifying engineering issues.
Photo: gk-6mt, iStock
Boeing’s 777 ‘Gliders’ Signal More Cash Woes
The bottleneck highlights how Boeing’s manufacturing challenges extend beyond its cash-cow 737 Max jet.
Paris Air Show, Paris, France. June 20, 2023. Photo: Bloomberg
Southwest Airlines Boeing Plane Makes Emergency Landing After Engine Cover Falls Off
The Boeing 737-800 out of Denver International Airport was supposed to fly to Houston on April 7 before an engine cowling came off and hit the wing flap.
Photo: iStock.com/OntheRunPhoto
United Air Calls Off May Investor Day After Safety Incidents
United already had planned several changes, including an additional day of in-person training for pilots starting in May, and a centralized curriculum for new maintenance technicians.
United Airlines operated Boeing passenger aircraft at Newark Liberty International Airport (EWR) in Newark, New Jersey. Photographer: Bing Guan/Bloomberg
Boeing Pays Alaska Airlines $160M in Compensation for 737 Max 9 Blowout
The payment is reportedly for Alaska's pretax losses, as well as lost revenue and costs stemming from returning their Max 9 fleet to service.
Photo: iStock / kameraworld
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