Boeing is under scrutiny as a whistleblower, Sam Salehpour, reported safety concerns over the manufacturing of 787 and 777 jets, accusing the company of taking shortcuts. Boeing denied the allegations, stating its planes were safe. The Federal Aviation Administration is investigating the claims, causing Boeing's shares to drop by almost 2%. This incident adds to Boeing's existing legal troubles, including a recent incident where an exit door broke off a 737 Max 9 plane. The company's CEO, David Calhoun, announced his upcoming resignation amidst the ongoing challenges.
Boeing is under scrutiny for a recent string of safety problems, including a Dreamliner aircraft diving mid-flight, a Boeing 777-300 turning around due to maintenance issues, and a whistleblower, John Barnett, found dead. Multiple airlines have reported troubles due to Boeing's challenges, with Southwest Airlines cutting capacity and United Airlines changing its order to Max 9s instead of Max 10s. The FAA audit revealed Boeing failed to comply with quality-control mandates, adding to the company's existing safety concerns stemming from previous fatal crashes and production issues.
Boeing's board of directors is set to meet with major U.S. airlines and international airline heads to address production problems and safety incidents, including the Alaska Airlines door plug incident. FAA Administrator raised concerns about Boeing's safety culture focusing on production over safety and quality. United and American Airlines have refrained from commenting on the matter.
Federal authorities are investigating Boeing following whistleblower Sam Salehpour's claims of manufacturing shortcuts and potential risks with the 777 and 787 Dreamliner jets. Salehpour's complaint, filed with the FAA, emphasizes quality issues that could shorten the planes' lifespan. The FAA stated it investigates all whistleblower reports and encourages industry-wide information sharing. A Senate subcommittee will address these concerns in a hearing. Boeing refuted Salehpour's 787 safety concerns, asserting its commitment to aircraft quality and safety measures.
Boeing CEO Dave Calhoun, appointed in 2020 to address the aftermath of fatal crashes involving Boeing 737 MAX jets, is set to resign at the end of the year. The crashes, grounding of 737 MAX globally, and recent safety incidents have raised scrutiny over Boeing's safety practices. The company faces investigations by the FAA and DOJ, emphasizing the need for significant changes to prioritize safety over profitability amidst competition with Airbus. The departure of Calhoun, along with board chair Larry Kellner and commercial planes business head Stan Deal, underscores the challenging restructuring ahead for Boeing.
Boeing's chairman and chief executive, Larry Kellner and Dave Calhoun, are stepping down along with Stan Deal, head of Boeing's commercial airlines, amid the 737 MAX 9 crisis with mass groundings since January. Investigations into fuselage production were launched after incidents like door plug blowouts, leading to delays for customers like Ryanair and Southwestern Airlines. The departure of executives highlights concerns over production quality and supply chains.
Boeing's manufacturing delays are impacting United Airlines, leading to reduced forecasted block hours and voluntary programs for pilots to reduce staff in May. Safety concerns over Boeing's 737 Max planes persist as deliveries decrease due to certification delays. United's order of 77 Boeing 737 Max 8 and 9 jets for 2024 reduced to 56, with no Max 10 deliveries expected. FAA scrutiny follows an Alaska Airlines incident. United's CEO, Scott Kirby, criticizes Boeing's problems, seeking a meeting with directors. Boeing's leadership shakeup includes CEO Dave Calhoun stepping down by year-end.
A Boeing 737-800 plane operated by Southwest Airlines returned safely to Denver International Airport after its engine cover fell off and struck a wing flap, prompting an investigation by the Federal Aviation Administration. This incident is part of a series of mechanical issues affecting Boeing aircraft in recent months, raising concerns about safety. Boeing declined to comment and referred inquiries to Southwest Airlines, which stated that passengers would be rebooked on another plane with a three-hour delay. No injuries were reported, and Southwest's maintenance teams will review the aircraft involved in the incident.
American Airlines Captain Dennis Tajer expresses concerns about the safety of Boeing aircraft, particularly the 737 Max, following recent incidents. Tajer, who has flown Boeing planes for over 30 years, highlights worries about internal safety issues. Despite these concerns, he trusts in pilot training and procedures for emergencies. Boeing's 737 Max faced scrutiny after fatal crashes in Indonesia and Ethiopia. Tajer appreciates FAA's scrutiny of Boeing's operations after recent safety incidents.
Multiple Boeing jets, including Alaska Airlines flight 828 and United Airlines flight 59, faced bathroom malfunctions leading to water and sewage flooding the cabins, forcing returns to the airports. Passengers on these flights witnessed flight attendants attempting to clean up the mess with paper towels. Boeing has been plagued by a series of dangerous jet failures recently, including the death of a company whistleblower. Last month, an Alaska Airlines flight experienced a door plug blowing off mid-flight at 16,000ft, prompting an emergency landing. The CEO of Boeing departed due to these incidents.
The Department of Justice is investigating the Alaska Airlines flight 1282 emergency landing on Jan. 5, when a door plug blew out mid-flight. The DOJ probe will inform a review of whether Boeing complied with a previous settlement over 737 Max jet incidents. The Federal Aviation Administration had grounded Boeing 737 Max jets after crashes in 2018 and 2019. Investigators found missing bolts in the door plug area, leading to the blowout. Boeing's lack of documentation regarding the door plug has raised concerns, with the NTSB and FAA also conducting investigations.
Alaska Airlines received an initial $160 million compensation from Boeing for a panel that blew out of a 737 Max 9 jetliner in January. The payment covered losses including lost revenue and fleet grounding costs. Other airlines like United were affected by the subsequent grounding of Max 9s. The FAA is investigating the incident, which may lead to additional compensation for affected airlines. Alaska expects more compensation beyond the first quarter. Boeing's production of 737 Max 9 jets has decreased, impacting the aviation industry.
Boeing CEO Dave Calhoun saw a 45% increase in his total compensation in 2023, reaching $32.8 million, despite declining an annual incentive bonus of $2.8 million. The company, facing chronic losses and safety issues, reduced its operating losses by 60% in 2023 but continued to lose money. After a Boeing 737 Max plane incident in January, triggering federal investigations and executive changes, Calhoun acknowledged the company's accountability. Following the incident, Boeing's reputation for safety and quality was severely impacted, leading to Calhoun's announcement of retirement and the initiation of a search for a new CEO.
Secretary of State Antony Blinken's government aircraft encountered a mechanical issue, leading to a 4-hour road trip from Paris to Brussels for a NATO meeting. This is not the first time Blinken has faced such incidents; in January, his plane was grounded in Switzerland for the World Economic Forum. The Boeing 737 involved had safety concerns which deemed it unsafe to fly, causing delays in Blinken's travel plans. This event highlights ongoing safety issues with Boeing aircraft, including previous incidents with the 737 Max models.
A Southwest Airlines flight bound for Houston had to return to Denver International Airport after the engine cowling on the Boeing aircraft fell off during takeoff, causing it to strike the wing flap. The plane, carrying 135 passengers and six crew members, landed safely with no injuries reported. The incident is being investigated by US airline regulators, and maintenance teams are reviewing the aircraft. This is not the first recent incident involving Southwest Boeing engine issues, with other flights also experiencing engine problems and returning to the airport for investigation.
Boeing's CEO Dave Calhoun to step down amidst manufacturing and safety problems, Intel's stock declines as China seeks to reduce reliance on its chips, United Airlines faces regulatory oversight due to safety issues, Lucid Group receives a $1 billion investment, Dyne Therapeutics CEO resigns, Century Aluminum gains with $500 million US investment, Cleveland-Cliffs awarded up to $575 million for decarbonization, and United Therapeutics implements a $1 billion stock buyback program.
The Federal Aviation Administration is intensifying its oversight of United Airlines following a string of safety incidents on flights involving Boeing jets, including engines spewing flames and a plane losing a wheel. The FAA is considering temporary actions such as preventing United from adding new routes and pausing the introduction of new planes into service. United Airlines has not been notified of a final decision yet. The FAA aims to ensure compliance with safety regulations and mitigate risks. United's growth plans, impacted by Boeing delivery delays, may be affected by these oversight measures.
The heads of major US airlines are seeking a meeting with Boeing's board to discuss concerns about production issues following a fuselage blowout on an Alaska Airlines flight. Boeing has offered meetings with its chairman and board members, but CEO David Calhoun is not expected to attend. The FAA has demanded Boeing to address quality-control problems within 90 days and audits have revealed noncompliance issues, including the use of makeshift tools in production processes.
Boeing received a large order from American Airlines for 85 Boeing 737 Max 10 planes in March, along with orders for 28 widebody 777 jets. The certification for the Max 10 has been delayed due to safety concerns, leading to a temporary halt in the process. Boeing's production has slowed to focus on quality checks after incidents, resulting in fewer deliveries. United Airlines expressed hesitance towards the Max 10 planes it had ordered, considering options from Airbus. Boeing delivered 29 airplanes in March, down from the previous year, with 83 deliveries in the first quarter of 2024.
A mother on board a United Airlines flight from Dallas to Denver shared a video of the pilot struggling to replace a window, sparking worries about safety. United Airlines confirmed the window piece was cosmetic. This incident comes amidst a series of safety concerns on Boeing aircraft, including a Southwest Airlines flight where the engine cowling fell off mid-flight. Other incidents involved missing parts on United Airlines Boeing planes and a door flying off a Boeing 737 MAX. The safety of these aircraft has been under scrutiny due to manufacturing errors and missing bolts.
US President Joe Biden joked about avoiding sitting by the door on Air Force One, a Boeing jet, during a high-dollar campaign fundraiser at the Radio City Music Hall in New York. His remarks came in response to a question about Transportation Secretary Pete Buttigieg and brought a moment of levity to the event, highlighting concerns about aviation safety and Boeing's recent challenges. Boeing is facing increased scrutiny after various mid-flight incidents, including missing bolts on a 737 Max 9, a crack in a cockpit window, a lost tire on a Boeing 757, and tape on a Boeing 787 exterior.
The Federal Aviation Administration (FAA) is increasing its oversight of United Airlines after a series of safety incidents, including a piece of the outer fuselage falling off, an engine fire, and a plane losing a tire during takeoff. United's vice president of corporate safety mentioned that the FAA will examine multiple areas of the airline's operations to ensure safety compliance. FAA oversight focuses on compliance with regulations, hazard identification, risk assessment, and safety management. The agency will pause certification activities and closely monitor United Airlines to address safety concerns.
The Boeing Company () is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the third-largest defense contractor in the world based on 2020 revenue and is the largest exporter in the United States by dollar value. Boeing's stock is a component of the Dow Jones Industrial Average.Boeing was founded by William Boeing in Seattle, Washington, on July 15, 1916. The present corporation is the result of the merger of Boeing with McDonnell Douglas on August 1, 1997. Then-chairman and CEO of Boeing, Philip M. Condit, assumed those roles in the combined company, while Harry Stonecipher, former CEO of McDonnell Douglas, became president and COO.As of 2023, the Boeing Company's corporate headquarters is located in the Crystal City neighborhood of Arlington, Virginia. The company is organized into four primary divisions: Boeing Commercial Airplanes (BCA); Boeing Defense, Space & Security (BDS); Boeing Global Services; and Boeing Capital. In 2021, Boeing recorded $62.3 billion (€56.1bn) in sales. Boeing is ranked 54th on the Fortune 500 list (2020), and ranked 121st on the Fortune Global 500 list (2020).
David L. Calhoun (born April 18, 1957) is an American businessman who has been president and chief executive officer of Boeing since January 2020. He was previously Boeing's chairman and was appointed president and CEO after his predecessor Dennis Muilenburg was fired amidst safety concerns regarding the 737 MAX after two fatal crashes that claimed the lives of 346 passengers and crew on board.
Boeing has paid Alaska Airlines approximately $160 million as initial compensation for financial damages resulting from a midair door blowout on a Boeing plane operated by the airline. The incident caused Alaska Airlines to lose around $160 million in pretax profit in the first quarter, primarily due to lost revenues and costs for irregular operations. Boeing is expected to provide additional compensation in the future, with the exact amount and terms yet to be disclosed. The Federal Aviation Administration grounded similar Boeing 737 Max 9 jetliners for inspections following the incident.
United Airlines experienced its fourth incident in a week, with a flight from San Francisco to Mexico City having to make an emergency landing in Los Angeles due to a fault in the hydraulic system. This followed other incidents including a plane going off the runway, a wheel coming off mid-flight, and an engine catching fire. Multiple flights faced issues, with emergency landings, damaged vehicles, and gear collapse observed. The Federal Aviation Administration is investigating the emergencies, and the incidents have raised concerns about safety and maintenance within the airline.
The Boeing 737 MAX is the fourth generation of the Boeing 737, a narrow-body airliner manufactured by Boeing Commercial Airplanes, a division of American company Boeing. It succeeds the Boeing 737 Next Generation (NG) and competes with the Airbus A320neo family.The new series was announced on August 30, 2011. It took its maiden flight on January 29, 2016 and was certified by the United States Federal Aviation Administration (FAA) in March 2017. The first delivery was a MAX 8 in May 2017 to Malindo Air, with which it commenced service on May 22, 2017.The 737 MAX is based on earlier 737 designs, with more efficient CFM International LEAP engines, aerodynamic changes including distinctive split-tip winglets, and airframe modifications.The 737 MAX series has been offered in four variants, offering 138 to 204 seats in typical two-class configuration, and a range of 3,300 to 3,850 nautical miles [nmi] (6,110 to 7,130 km; 3,800 to 4,430 mi). The 737 MAX 7, MAX 8, and MAX 9 are intended to replace the 737-700, -800, and -900 respectively, and a further-stretched 737 MAX 10 is available. However, as of February 2024, the MAX 7 and MAX 10 have not been certified, with the FAA declining to provide a timetable for approval. As of January 2024, the 737 MAX has 4,759 unfilled orders and 1,445 deliveries.The 737 MAX suffered two fatal crashes, Lion Air Flight 610 in late 2018 and Ethiopian Airlines Flight 302 in early 2019, in which a total of 346 people died. Contributing to the accidents was the Maneuvering Characteristics Augmentation System (MCAS), which activated unexpectedly due to erroneous angle of attack data, and remained active because of pilot error due to inadequate training. The aircraft was subsequently grounded worldwide from March 2019 to November 2020, with the FAA garnering criticism for being the last major authority to ground it. Investigations found Boeing did not fully inform operators about MCAS and found shortcomings in the FAA's certification process for the aircraft. The accidents and grounding cost Boeing an estimated US$20 billion in fines, compensation and legal fees as of 2020, with indirect losses of more than US$60 billion from 1,200 cancelled orders. In 2021, Boeing also paid US$2.5 billion in penalties and compensation to settle the DOJ's fraud conspiracy case against the company. Further investigations also revealed that the FAA and Boeing had colluded on recertification test flights, attempted to cover up important information and that the FAA had retaliated against whistleblowers.The FAA cleared the aircraft to return to service on November 18, 2020, subject to mandated design and training changes. Canadian and European authorities followed in late January 2021. Chinese authorities were among the last to lift the grounding in December 2021, at which time, over 180 countries out of 195 had cleared the 737 MAX to return to service.In January 2024, Alaska Airlines Flight 1282 suffered a door plug blowout at an unused emergency exit during the climb, causing uncontrolled decompression of the aircraft. The FAA immediately mandated a grounding and inspections of all 737 MAX 9 with a similar configuration; affected aircraft were returned to service starting at the end of that month. The investigation found the plug was not bolted into place during manufacturing.
An Air Canada Boeing 737 Max 8 made a safe landing in Idaho after a warning light in the flight deck indicated a faulty cargo hold, amid ongoing scrutiny of Boeing following previous incidents including midflight fuselage issues and deadly crashes. The flight diverted to Boise Airport from Mexico City to Vancouver as a precaution, with 122 passengers and 6 crew members on board waiting for an alternative jet to continue their journey. No injuries were reported, and the Boeing officials have not yet commented on this incident.
United Airlines and Southwest Airlines are facing operational challenges and delays due to production limits imposed on Boeing after an incident with an Alaska Airlines plane, leading to a pause in pilot hiring and rethinking of schedules; Southwest Airlines will receive fewer 737 Max 8 aircraft than initially planned, impacting seat availability and capital spending plans, while United Airlines has also halted pilot hiring temporarily. Both carriers are offering unpaid time off options to manage excess staffing amidst these challenges.
Federal officials are investigating an engine fire that led to the cancellation of takeoff for a Southwest Airlines flight in Lubbock, Texas. The incident involved a Boeing 737-800 with engines made by CFM International. The flight, bound for Las Vegas, had 154 passengers and 6 crew members onboard. A replacement plane was flown in from Dallas to continue the journey. The Federal Aviation Administration is conducting an investigation into the reported engine fire.
The S&P 500, Dow Jones, and Nasdaq dipped slightly after a strong start to 2024. Traders are cautious ahead of the release of the Personal Consumption Expenditures price index. The Fed's bullish economic forecasts have boosted market sentiment. Shares of AMD and Intel fell on reports of China phasing out their chips. Boeing's CEO announced his departure amidst safety concerns. Electric vehicle startup Fisker sees share halt and decline after failed talks with automaker. Foot Locker struggles with sales and margins, but analyst predicts rebound. Chipotle's CEO Brian Niccol discusses growth and tech initiatives. Investors monitor Fed commentary and await inflation data. Mega-cap tech stocks drop after EU investigations and US antitrust lawsuit against Apple.
As the dust settles on the breakup of the industrial conglomerate known as General Electric, markets are still trying to figure out how to price the different parts of the business. Shares of GE Aerospace (NYSE: GE) traded up 5% as of 10:30 ET on Friday as investors took a fresh look at the potential of the aircraft-focused part of the business. Amid all the issues experienced by General Electric over the last decade, aerospace was always a standout piece of the operation. The GE ticker took a plunge earlier this week to reflect that its energy business is now trading as a new entity, GE Verona , but the stock is slowly climbing back toward previous highs thanks to the potential of the aerospace market. GE Aerospace has exposure to some of the best-selling aviation platforms, including the Boeing 737 MAX and the Airbus A320 neo, thanks to its stake in the CFM International engine joint venture.
Editors Note: Tim Hubbard is an assistant professor of Management and Organization in the Mendoza College of Business at the University of Notre Dame. The views expressed in this commentary are his own. View more opinion on CNN. Shortly after taking over Boeing from Dennis Muilenburg who was fired for abysmal performance following two fatal 737 Max 8 crashes David Calhoun said, We had a backup plan. I am the backup plan.
The Federal Aviation Administration is investigating an incident involving Southwest Flight 147 at New York's LaGuardia Airport where the plane veered off course during landing, prompting air traffic control to instruct a go-around. The flight encountered turbulence and low visibility, leading to a diversion to Baltimore/Washington International Airport before safely landing in New York. The FAA is examining whether the plane flew over the air traffic control tower with minimal clearance. This incident is part of a series of investigations into near-collisions at US airports, highlighting issues such as funding, technology, and staffing in air traffic control towers.
The Boeing 737 is a narrow-body commercial aircraft produced by Boeing at its Renton factory in Washington.Developed to supplement the Boeing 727 on short and thin routes, the twinjet retained the 707 fuselage width and six abreast seating but with two underwing turbofans instead of four. Envisioned in 1964, the initial 737-100 made its first flight in April 1967 and entered service in February 1968 with Lufthansa.The lengthened 737-200 entered service in April 1968, and evolved through four generations, offering several variants for 85 to 215 passengers.The 737-100/200 original variants were powered by Pratt & Whitney JT8D low-bypass turbofan engines and offered seating for 85 to 130 passengers. Launched in 1980 and introduced in 1984, the 737 Classic -300/400/500 variants were upgraded with more fuel-efficient CFM56-3 high-bypass turbofans and offered 110 to 168 seats. Introduced in 1997, the 737 Next Generation (NG) -600/700/800/900 variants have updated CFM56-7 high-bypass turbofans, a larger wing and an upgraded glass cockpit, and seat 108 to 215 passengers. The latest generation, the 737 MAX -7/8/9/10 variants, powered by improved CFM LEAP-1B high-bypass turbofans and accommodating 138 to 204 people, entered service in 2017.Boeing Business Jet versions have been produced since the 737NG, as well as military models.As of January 2024, 16,460 Boeing 737s have been ordered and 11,685 delivered.Initially, its main competitor was the McDonnell Douglas DC-9, followed by its MD-80/MD-90 derivatives. In 2013, the global 737 fleet had completed more than 184 million flights over 264 million block hours since its entry into service. It was the highest-selling commercial aircraft until being surpassed by the competing Airbus A320 family in October 2019, but maintains the record in total deliveries. The 737 MAX, designed to compete with the A320neo, was grounded worldwide between March 2019 and November 2020 following two fatal crashes. A further accident involving an uncontrolled decompression led to the grounding of most 737 MAX 9 aircraft in January 2024.
On Tuesday, Norfolk Southern agreed to pay $600 million for a train derailment, Invitation Homes acquired 500 new homes, Neogen cut its revenue forecast, BlackBerry collaborated with Advanced Micro Devices, Alkermes provided a positive update on a potential sleep disorder treatment, Tilray Brands fell short of financial forecasts, Harmonic's CEO will retire in June, and Maxeon Solar's financial update disappointed investors.
SpaceX is gearing up for the third test flight of its 400-foot-tall reusable spaceship, Starship, along with the Super Heavy booster. The company has made hardware changes and upgrades following the previous test flights. The Federal Aviation Administration (FAA) closed the investigation into the November test flight and issued an updated launch license for the upcoming flight, which aims to build upon the milestones achieved in the second test flight. The first test flight in April ended in an explosion over the Gulf of Mexico.
Boeing's CST-100 Starliner is scheduled to launch with NASA astronauts Sunita Williams and Barry Butch Wilmore to the International Space Station (ISS) in May. The spacecraft faced delays due to safety concerns, including issues with parachutes and flammable protective tape. Boeing has addressed these concerns, developed a new parachute system, and is confident in the spacecraft's readiness for launch. This marks Boeing's first crewed trip to the ISS and the first Starliner launch since an uncrewed test flight anomaly in 2022.
A United Airlines flight traveling from Houston to Fort Myers, Florida, had to make an emergency landing back in Houston after flames were seen coming from one of its engines. The incident, described as an "engine issue" by United Airlines, prompted the safe return of the passengers, who were later flown to their destination on a different aircraft. The Federal Aviation Administration is investigating the cause of the engine fire, which is suspected to be a compressor stall, not a serious risk to the plane but requiring immediate landing.
Gold hits a new all-time high at $2,365.39 per ounce, rising by 14% since the beginning of 2024. Geopolitical tensions in Ukraine and the Middle East, along with inflation concerns, drive traders to invest in gold. Central banks, including China's, continue to add gold to their reserves. Silver prices have also increased due to high inflation over the years and strong industrial demand for materials like copper and silver. AstraZeneca's CEO faces controversy over his multi-million pay package, with a top shareholder supporting his compensation.
The Boeing 787 Dreamliner is an American wide-body jet airliner developed and manufactured by Boeing Commercial Airplanes.After dropping its unconventional Sonic Cruiser project, Boeing announced the conventional 7E7 on January 29, 2003, which focused largely on efficiency.The program was launched on April 26, 2004, with an order for 50 aircraft from All Nippon Airways (ANA), targeting a 2008 introduction.On July 8, 2007, a prototype 787 without major operating systems was rolled out; subsequently the aircraft experienced multiple delays, until its maiden flight on December 15, 2009.Type certification was received in August 2011 and the first 787-8 was delivered in September 2011 before entering commercial service on October 26, 2011, with ANA.At launch, Boeing targeted the 787 with 20% less fuel burn than replaced aircraft like the Boeing 767, carrying 200 to 300 passengers on point-to-point routes up to 8,500 nautical miles [nmi] (15,700 km; 9,800 mi), a shift from hub-and-spoke travel.The twinjet is powered by General Electric GEnx or Rolls-Royce Trent 1000 high-bypass turbofans. It is the first airliner with an airframe primarily made of composite materials and makes extensive use of electrical systems. Externally, it is recognizable by its four-window cockpit, raked wingtips, and noise-reducing chevrons on its engine nacelles.Development and production rely increasingly on subcontractors around the world than previous Boeing aircraft, with final assembly at the Boeing South Carolina factory, after being assembled in the Boeing Everett Factory in Washington until March 2021.The initial 186-foot-long (57 m) 787-8 typically seats 242 passengers over a range of 7,355 nmi (13,621 km; 8,464 mi), with a 502,500 lb (227.9 t) MTOW compared to 560,000 lb (250 t) for later variants.The stretched 787-9, 206 ft (63 m) long, can fly 7,635 nmi (14,140 km; 8,786 mi) with 290 passengers; it entered service on August 7, 2014, with ANA.The further stretched 787-10, 224 ft (68 m) long, seating 330 over 6,430 nmi (11,910 km; 7,400 mi), entered service with Singapore Airlines on April 3, 2018.Early 787 operations encountered several problems caused mainly by its lithium-ion batteries, which culminated in fires onboard some aircraft. In January 2013, the U.S. FAA grounded all 787s until it approved the revised battery design in April 2013.Significant quality control issues from 2019 onwards caused a production slowdown and, from January 2021 until August 2022, an almost total cessation of deliveries. Due to ballooning production costs, Boeing has spent $32 billion on the program; estimates for the number of aircraft sales needed to break even vary between 1,300 and 2,000.As of January 2024, the 787 program has booked a total of 1,908 orders and made 1,111 deliveries while recording zero fatalities and no hull losses.
A Southwest Airlines flight from Nashville to New York veered off course due to bad weather, coming within 67 feet of LaGuardia Airport's air traffic control tower. The plane flew as low as 300 feet before being instructed to climb to 2,000 feet, diverting to Baltimore for a safe landing. The Federal Aviation Administration and the National Transportation Safety Board are investigating the incident. This near miss is part of a larger pattern of close calls at US airports, highlighting issues like funding, technology, training conditions, and staffing in air traffic control towers.
Norfolk Southern Railway has agreed to a $600 million settlement for the East Palestine train crash, resolving a class action lawsuit, compensating residents and businesses, and offering a program for injuries from toxic chemical exposure. The settlement covers a 20-mile radius for class action claims and a 10-mile radius for personal injury claims. Despite the derailment, CEO Alan Shaw received a major pay boost. The company had already committed over $100 million in community assistance prior to this settlement.
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