Boeing CEO to step down in broad management shake-up as 737 Max crisis weighs on aerospace giant
Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shake-up for the embattled aerospace giant.
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Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shake-up for the embattled aerospace giant.
JetBlue Airways told staff on Tuesday that it is culling a host of routes, making it the carrier's latest move to cut costs in the wake of a failed attempt to acquire Spirit Airlines and a Pratt & Whitney engine issue that has grounded some of its Airbus planes.
United Airlines CEO Scott Kirby on Monday sought to reassure customers about the carrier's safety after a series of flight problems in recent weeks.
Boeing's latest Max crisis is forcing some of its biggest customers to rethink their growth plans this year — and possibly beyond, several airline CEOs said Tuesday.
Boeing handed over 27 airplanes to its customers last month as it continues to struggle with quality control problems and production delays that have frustrated the CEOs of some of its biggest airline customers.
Southwest Airlines said Tuesday that it will have to trim its capacity plans and reevaluate its financial forecasts for the year, citing delivery delays from Boeing, its sole supplier of airplanes.
United Airlines will pause pilot hiring this spring because of Boeing delivery delays, the latest effect of the plane maker's problems on one of its biggest customers.
JetBlue Airways and Spirit Airlines on Monday said they are ending their agreement to merge, weeks after losing a federal antitrust lawsuit that challenged the deal.