The fines are in response to safety violations on the 737 Max production lines at Boeing and Spirit AeroSystems factories.
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Spirit AeroSystems Agrees To Pay Nearly $30 Million To Settle Investor Lawsuit Over 737 MAX Defects
Following the explosive ejection of a door plug during an Alaska Airlines flight in 2024, Spirit was acquired in an all-stock ...
Looking at the production history of the 737 MAX and why Boeing has delivered so few units compared to the A320neo.
The settlement is a result of more than two years of litigation in a New York U.S. District court, stemming from allegations that Spirit AeroSystems concealed persistent quality problems that ...
FAA accuses Boeing of pushing unsafe jets for certification, citing quality control failures and pressure on inspectors.
Back in January 2024, a scary incident occurred on an Alaska Airlines flight when a panel flew off a fuselage in the middle ...
FAA proposes $3.1M fines for Boeing safety violations tied to recent incidents. Learn how this impacts the aviation industry.
The regulator said Boeing presented two unairworthy aircraft to the FAA for airworthiness certificates and failed to follow ...
Separately, Boeing in July 2024 agreed to plead guilty to a criminal charge of defrauding the FAA and pay a $243.6 million ...
AbbVie, ServiceNow, and Boeing outpace their industries as analysts highlight growth drivers and risks in fresh research ...
U.S. aviation safety is once again under scrutiny as the FAA announced it seeks to impose a $3.1 million fine on Boeing.
Zacks spotlights AbbVie, ServiceNow, Boeing, Tucows, and Ampco-Pittsburgh, detailing growth drivers, headwinds, and industry ...
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