Federal Aviation Administration

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Boeing Stock Drags DJIA Lower as FAA Punts on 737 MAX Timetable

Boeing stock entered another tailspin, and the key DJIA component dragged its index lower after the FAA punted on the 737 MAX’s return to flight. | Source: JOHN GRESS / POOL / AFP (i), Shutterstock (ii). Image Edited by CCN.By CCN Markets: The breakneck Dow Jones (DJIA) rally looks to be faltering. Spearheading the decline was Boeing…


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The Boeing 737 Max crashes show that ‘deteriorating pilot skills’ may push airlines to favour Airbus

The recent Boeing 737 Max crashes happened after pilots were unable to countermand the planes’ autopilot systems.But airlines may not favour increased pilot control of their planes because of “deteriorating pilot skills,” especially in developing countries where “pilot skills and training may not be on par with standards in the US,” according to analyst Richard…



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The US is threatening the EU with $11 billion in sanctions over subsidies to Airbus, just as its main rival Boeing endures its most difficult period in decades

The US has outlined $11.2 billion in possible sanctions on EU products, citing subsidies to its largest aircraft maker, among other issues. The US Trade Representative said Monday that the World Trade Organization “repeatedly” found that EU subsidies to France-based Airbus “caused adverse effects” to the US. The move continues a long-running rivalry in which…


FAA expects Boeing to come up with new software to fix the grounded 737 Max in a matter of weeks

FAA expects Boeing to come up with new software to fix the grounded 737 Max in a matter of weeks

The Federal Aviation Administration (FAA) expects Boeing to submit its package of software fixes for the 737 Max airliner “over the coming weeks.” The agency said on Monday that it won’t approve the software until it’s satisfied. Most of the software updates will be to the 737 Max’s Maneuvering Characteristics Augmentation System (MCAS). Initial reports…




The FBI is reportedly joining the government’s investigation into Boeing’s 737 Max plane

The FBI is reportedly joining the government’s investigation into Boeing’s 737 Max plane

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