Just before yesterday’s Bombardier earnings call, it was announced that Bombardier and Airbus had reached an agreement to sell Bombardier’s remaining interest in the A220 (nee CSeries) program. That transaction will leave Airbus and the Government of Quebec as the...
The news today is that David Calhoun begins his tenure as Boeing’s CEO after being a long-time member of the Board of Directors, replacing Dennis Muilenburg. The challenges he will face are daunting, as the company remains in the midst of the MAX crisis and a clear...
Boeing’s problems are getting worse. The MAX is grounded, the 787 is being investigated for quality issues and has major engine problems, the 777-X is even further delayed with engine problems, and the KC-46 is failing to meet needs and currently restricted from...
Boeing’s Board of Directors is likely to call for safety changes at the company in the wake of the two 737 MAX crashes that have grounded the aircraft and dramatically impacted production. A subcommittee of the Board has been investigating the company over the last...
“Curiouser and curiouser!” Mark Forkner, Boeing’s chief technical pilot on the MAX project, invoked his Fifth Amendment rights against self-incrimination in response to a grand jury subpoena issued by the U.S. Department of Justice in conjunction with their...
