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An engine cowling fell off of a Southwest Airlines Boeing 737-800 and struck a wing flap during takeoff from Denver International Airport, the Federal Aviation Administration said Sunday.
Outgoing Boeing CEO Dave Calhoun's take-home pay fell to $5 million last year after declining a bonus, compared with $7 million in 2022, and his latest compensation package is taking a hit from the prolonged safety crisis surrounding the company's bestselling jetliner, the 737 Max.
India's Vistara airline has cut flights following cancelations and delays all week as pilots have been on a strike of sorts over salary revisions.
Now, after posting its first net profit in more than 10 years, Chief Executive Officer Izham Ismail wants to write a new chapter – shedding the carrier’s troubled past and transforming it into a well-run, consistently profitable airline.
This is CNBC's live blog covering European markets.
HO CHI MINH CITY -- Companies including Philips, a conglomerate run by Vietnam's richest woman and farm exporters signed 18 deals in industries from aviation to agriculture as a Dutch trade delegation visited Ho Chi Minh City.
French plane maker Airbus is "not happy" about the multitude of problems facing its U.S. rival Boeing, according to its chief financial officer.
KUALA LUMPUR -- Malaysia Aviation Group made its first profit in 2023, helped by a rise in passenger traffic in the premium segment of its flagship carrier, Malaysia Airlines, as travel demand in the Asia-Pacific region recovered from the COVID-19 pandemic slump, the company said on Thursday.