Jan. 7 (UPI) -- Boeing on Thursday agreed to pay more than $2.5 billion in a settlement with the Justice Department related to charges that it conspired to defraud the Federal Aviation Administration. The charges stem from a pair of crashes involving Boeing 737 Max plane in Indonesia and Ethiopia that left a combined 346…

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Boeing has actually stated it hold-up increase the production of its grounded 737 MAX airplanes after reporting an even worse than anticipated second quarter loss. The aerospace giant stated it will slowly increase producing to 31 airplanes a month by 2022 – a year’s hold-up from its formerly revealed strategies. Federal governments all over the […]

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Boeing has actually been okayed to start test flights of its 737 MAX fleet, more than a year after the aircrafts were grounded following two ravaging crashes in the space of 5 months. The airplane have actually been prohibited from taking to the air considering that last March, when an Ethiopian Airline Companies flight crashed […]

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Boeing is cutting more than 12,000 jobs in the United States, with thousands more under risk. America’s biggest plane producer revealed the losses as part of a restructure required by the coronavirus pandemic. The crisis has actually seen need for flight drop and numerous countries have actually closed borders and imposed quarantines in an effort […]

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