The fines are in response to safety violations on the 737 Max production lines at Boeing and Spirit AeroSystems factories.
Back in January 2024, a scary incident occurred on an Alaska Airlines flight when a panel flew off a fuselage in the middle ...
14hon MSN
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 ...
If you have been wondering whether Spirit AeroSystems Holdings is worth adding to your portfolio right now, you are far from alone. The stock's recent moves have sparked plenty of debate among ...
The FAA said it identified hundreds of quality system violations at Boeing's 737 factory in Renton, Wash., and Boeing ...
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 ...
The regulator said Boeing presented two unairworthy aircraft to the FAA for airworthiness certificates and failed to follow ...
U.S. aviation safety is once again under scrutiny as the FAA announced it seeks to impose a $3.1 million fine on Boeing.
Separately, Boeing in July 2024 agreed to plead guilty to a criminal charge of defrauding the FAA and pay a $243.6 million ...
Overall, the Airbus A320neo family holds the highest number of orders. Since its launch in 2010, the program has received ...
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