Boeing

Boeing is giving subcontractor Spirit Aerosystems $425 million in advance payments so it can maintain production and allow the U.S. aviation giant to fulfill its orders, a regulatory filing has shown.

Boeing has faced intense scrutiny since a near-catastrophic incident in January, when a fuselage panel blew off of a 737 MAX mid-flight.

Boeing is expected to face a bruising once-over Wednesday as company critics testify at a U.S. Senate hearing, including an employee who has characterized the top-selling 787 as prone to disaster.

Federal aviation authorities are investigating claims by a Boeing engineer that the 787 Dreamliner suffers from assembly defects that threaten safety, U.S. officials have said.

Attorneys for the whistleblower, Sam Salehpour, accuse the company of putting profit over safety, and retaliating against him after he raised concerns by "involuntarily" transferring him to the 777 program.

With the company’s major US customers agitating for a boardroom meeting without Calhoun, Boeing’s board pre-empted their demands with a major upheaval

In February last year, a new Southwest Airlines Boeing 737 Max plane was on one of its first flights when an automated stabilizing system appeared to malfunction, forcing the pilots to make an emergency landing soon after they took off.

Dave Calhoun, the CEO of Boeing, has announced his resignation, marking the end of his tenure at the helm of the aerospace giant by the year's end. Calhoun's departure comes amidst a mounting crisis surrounding the safety of Boeing's aircraft.

Boeing announced Monday a leadership shakeup headlined by the departure of CEO Dave Calhoun as the aviation giant faces heavy scrutiny following safety incidents and manufacturing issues.

Besides Calhoun, who will stay in his post through the end of 2024, Boeing announced two other major changes to company management.

He was found dead in a hotel parking lot days after he testified in a lawsuit against Boeing – He had revealed that substandard components had even been removed from trash cans and put on planes

Airline tickets during the peak summer months in Europe are likely to increase in price again this year by up to 10%, according to Ryanair, due to issues with Boeing and Airbus planes.

Boeing came under renewed pressure on Jan. 23 as the head of Alaska Airlines said inspections carried out after a dangerous incident had found many loose bolts on its 737 MAX 9 aircraft.