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Apr 5, 2019
04/19
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amy: that is the boeing ceo. it was a video released yesterday after the lawsuit and after the per luminary findings. ralph nader, your response? >> it is pretty close to admission of fault. i don't see how they will defend the civil lawsuits. they're facing a criminal probe from the justice department and the fbi with an active grand jury. as flyer's rights director paul hudson, who you will be hearing from come has pointed out again and again, deregulation means death. it means the repudiation of a structure of aviation safety that people expected to be able to trust. an early admission by the manufactcturer before even e first deposition. amy: ralph, we are about to go to paul hudson, but before we go, your family has filed suit against boeing and a complaint against the faa. the significance of boeing and the faa? .> well, they're both at fault as paul hudson will point out, there has to be legislation in congress. blumenthal is about to put a bill in to re-empower and bring back the delegation to boeing back
amy: that is the boeing ceo. it was a video released yesterday after the lawsuit and after the per luminary findings. ralph nader, your response? >> it is pretty close to admission of fault. i don't see how they will defend the civil lawsuits. they're facing a criminal probe from the justice department and the fbi with an active grand jury. as flyer's rights director paul hudson, who you will be hearing from come has pointed out again and again, deregulation means death. it means the...
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Apr 17, 2019
04/19
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pilotsd our boeing test last week aboard a boeing 737 max flight for a demonstration of this updated software. during the flight, the crew performed for exercises that such changes in multiple flight conditions. the software update functioned as designed, and i was impressed by the work and professionalism of our team. overall, our team has made 96 flights, totaling a little over 159 hours of airtime with this updated software. they will conduct additional tests and production flights in the coming weeks, and we continue to demonstrate we have identified and met all certification requirements. we look forward to completing near-term milestones on the path towards final certification. it is about building lasting relationships based on trust and integrity. we know every person that steps aboard one of our airplanes places their trust in us. we will do everything possible to earn and re-earn that trust and confidence from our airline customers and the flying public in the weeks and months ahead. totake the responsibility build and deliver airplanes that are safe to fly and can be safel
pilotsd our boeing test last week aboard a boeing 737 max flight for a demonstration of this updated software. during the flight, the crew performed for exercises that such changes in multiple flight conditions. the software update functioned as designed, and i was impressed by the work and professionalism of our team. overall, our team has made 96 flights, totaling a little over 159 hours of airtime with this updated software. they will conduct additional tests and production flights in the...
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boeing's looking down the barrel of a lot of lawsuits about this what's next for them absolutely so i mean we've got nearly three hundred fifty people that lost their lives in these two crashes alone so that's hundreds of families that you know they're talking about losing daughters mothers aunts on these crashes and so they're definitely coming out now and starting that process of filing lawsuits against boeing listen to a few of the comments and it's just heartbreaking when you think about it there's one where a father found out that his daughter was on the plane in indonesia and he went there to go in to gather her remains and then got there and found out that there were no remains because they had completely burned so he wasn't able to actually go through the grieving process of going and bringing her body home so i think there are going to be a lot of cases where we see stories like that of people that are just heartbroken and they're asking questions about why didn't boeing do everything possible to prevent this and why did it take up until now for them to come out and just say
boeing's looking down the barrel of a lot of lawsuits about this what's next for them absolutely so i mean we've got nearly three hundred fifty people that lost their lives in these two crashes alone so that's hundreds of families that you know they're talking about losing daughters mothers aunts on these crashes and so they're definitely coming out now and starting that process of filing lawsuits against boeing listen to a few of the comments and it's just heartbreaking when you think about it...
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somehow you know even tensions have between boeing shareholders and c.e.o. were high it is true that the outcome did not end up in an open war as some expected the company's shares are words likely down which is always a good reference to know what investors are thinking and then. insisted that the seven thirty seven not so was a not to rush in the production he said the plane took six years to develop and that the equipment had been deemed safe and he reassured that safety is top priority another sign that shareholders are still hold some kind of concrete n.z. muhlenberg is that one proposal that would have separated the positions of chairman and c.e.o. both of which are now held by. the majority but there also have been media reports of whistleblower calls from within boeing warning regulators of safety issues with the seven three seven knots now did boeing react to that at all . for some of the reports you mention you know buoyancy always lucid dick company don't make safety features optional and every one of the airplanes includes all of the safety featu
somehow you know even tensions have between boeing shareholders and c.e.o. were high it is true that the outcome did not end up in an open war as some expected the company's shares are words likely down which is always a good reference to know what investors are thinking and then. insisted that the seven thirty seven not so was a not to rush in the production he said the plane took six years to develop and that the equipment had been deemed safe and he reassured that safety is top priority...
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for some of the reports that you mentioned you know boeing c.e.o. insisted that the company don't make safety features optional and that every one of its airplanes includes all of the safety features necessary for safe flight that said and questions remain as to whether boeing did everything good to ensure that planes were as safe as possible and for now a million berga noted that the company is getting close to us over fix and that boeing that will be on some of the early commercial flights once the seven thirty seven return to service thank you both hello easter haro there on wall street for us. now staying with the wall street google's parent company alphabet published this supporting figures after trading hours its first quarter revenue came in below market expectations dropping more than thirty percent on the year the talk of long failed to benefit from the positive u.s. economy amid pressure from record e.u. finds that's left some investors concerned alphabets google and you tube face many challenges the company's privacy practices are under i
for some of the reports that you mentioned you know boeing c.e.o. insisted that the company don't make safety features optional and that every one of its airplanes includes all of the safety features necessary for safe flight that said and questions remain as to whether boeing did everything good to ensure that planes were as safe as possible and for now a million berga noted that the company is getting close to us over fix and that boeing that will be on some of the early commercial flights...
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Apr 25, 2019
04/19
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ALJAZ
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senior management of boeing is right this is exaggerated based on you know boeing has been in the media the last few months and i thought i believe it is really over exaggerated so if it kyle also we're hearing pot still of left in the pain there electronics and those shavings that you you mentioned even bubble wrap near a pedal that could have had it jammed surely these are all consensus not just in that one. yes that is true these workers turns but keep in mind that boeing produces a lot of airplanes and they have decades of experience and their quality control is very good but they can now another words inspect every inch of every single airplane that they produce it's pretty much like any other industry where you're you're you're spot checking from your quality control team and they're doing that and you know humans do make mistakes and that's you know the unfortunate issue here . and doesn't matter what industry it is humans do make mistakes and there are things that can fall through the cracks but i think boeing does a very good job at preventing these from falling through the cra
senior management of boeing is right this is exaggerated based on you know boeing has been in the media the last few months and i thought i believe it is really over exaggerated so if it kyle also we're hearing pot still of left in the pain there electronics and those shavings that you you mentioned even bubble wrap near a pedal that could have had it jammed surely these are all consensus not just in that one. yes that is true these workers turns but keep in mind that boeing produces a lot of...
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Apr 30, 2019
04/19
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murky skies for boeing. the plane maker is on the defensive after receiving a grilling from its shareholders. and the new dawn in the land of the rising sun. japan gears up the land of the rising sun. japan gears up for it emperor's abdication. we will take a look at the economic legacy his reign leaves behind. good morning, asia, hello, world. it is tuesday. i am glad you could join us for another action packed edition of asia business report. i'm rico hizon. we start off with boeing, and the plane maker has come underfire with boeing, and the plane maker has come under fire from investors with boeing, and the plane maker has come underfire from investors in the wake of the two deadly crashes of its 737 max aircraft. at its annual meeting in chicago, the plane maker faced calls for a shakeup for failing to foresee safety risks with what was its bestselling model. however, boeing's ceo refused to admit the system was flawed, saying it could have been one of multiple factors. elsewhere, there are reports whis
murky skies for boeing. the plane maker is on the defensive after receiving a grilling from its shareholders. and the new dawn in the land of the rising sun. japan gears up the land of the rising sun. japan gears up for it emperor's abdication. we will take a look at the economic legacy his reign leaves behind. good morning, asia, hello, world. it is tuesday. i am glad you could join us for another action packed edition of asia business report. i'm rico hizon. we start off with boeing, and the...
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doubt com coming up boeing looks to keep people in the air the u.n. wants time to live in the seas and there are bees in space to watch. breaks. us veterans who come back from war often tell the same stories. were going after the people who were killing civilians they were not interested in the wellbeing of their own soldiers either there already several generations of them so i just got this memo from the circulated branches off that says we're going to attack and destroy the government and seven countries in five years americans pay for the wars with their money others with their lives if we were willing to go into harm's way and willing to risk being killed for a war then surely we can risk some discomfort for an easy mess for us. join me every first day on the alex simon show and i'll be speaking to guest of the world of politics or business i'm show business i'll see if that. thank. boeing has announced that it plans to cut back on production of the seven thirty seven max aircraft after two fatal crashes revealed similar mechanical problems but a
doubt com coming up boeing looks to keep people in the air the u.n. wants time to live in the seas and there are bees in space to watch. breaks. us veterans who come back from war often tell the same stories. were going after the people who were killing civilians they were not interested in the wellbeing of their own soldiers either there already several generations of them so i just got this memo from the circulated branches off that says we're going to attack and destroy the government and...
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Apr 4, 2019
04/19
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CNNW
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in its response, brooke, boeing said that to ensurin intended mcas activation will not occur again, boeing has developed and planning to release a software update to mcas, i'm right by a airfield, as you can hear, and an associated pilot training and supplemental training and adds addition additional layers of protection and will prevent erroneous data causing mcas. we know it pushed this plane into a nosedive at a very high rate of speed. i've talked to pilots who say that physically the fix to try to pull it out of that dive is to just turn basically a wheel which would have been very, very hard to do at the angle and the speed of flight -- at the time. so we're still waiting for a reaction specifically from dennis muhlenberg, the ceo of boeing, but it does look like boeing is basically taking the fact that its design of this plane may have shipped out the door with some bad software indications on it. >> drew, there was also audio evidence that in 2017 boeing ceo boasted about the streamlined approval process implemented under this current administration. what did he say? >> right. and
in its response, brooke, boeing said that to ensurin intended mcas activation will not occur again, boeing has developed and planning to release a software update to mcas, i'm right by a airfield, as you can hear, and an associated pilot training and supplemental training and adds addition additional layers of protection and will prevent erroneous data causing mcas. we know it pushed this plane into a nosedive at a very high rate of speed. i've talked to pilots who say that physically the fix...
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is carrying out a thorough review with boeing and the u.s. department of justice has launched a criminal investigation into the company's conduct surrounding the two crashes during denies the accusations. joining us now is our financial correspondent was that always they are oh hello louis hello it's good to see you can you put into context for us just how big a problem this is for boeing i mean it might have the resources to weather financial hits but there are also the costs with image amid ongoing probes and tightened oversight. correct very gentle denied murray it's away from over for boeing both from a financial perspective on a repudiation or want to seven thirty seven mark has already raised twenty seven billion dollars in market cap of the company while i'll point out cause there will be much higher than the one billion dollars reported on wednesday more important is the reduction in the production of the model on a social part of the bone of boeing said commercial business week this same time is hurting both suppliers and airlines th
is carrying out a thorough review with boeing and the u.s. department of justice has launched a criminal investigation into the company's conduct surrounding the two crashes during denies the accusations. joining us now is our financial correspondent was that always they are oh hello louis hello it's good to see you can you put into context for us just how big a problem this is for boeing i mean it might have the resources to weather financial hits but there are also the costs with image amid...
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which you sort of understand when you understand the amount of money that boeing and how much we buy from boeing as a government and how much we facilitate these souls around the world in planes and weapon or planes that carry weapons so is there in the any indication on this and that the u.s. regulators and the. u.s. government will take a step back from their usual love for boeing and actually hold them accountable well unfortunately i don't think we're quite shy about pointing out as we saw whenever we had the second crash there were dozens of countries that had completely grounded the seven thirty seven max before the united states did anything and that's a time when aviation officials here in the u.s. were still saying it's fine it's fine and then finally you know they got the order to ground those planes so it doesn't look like they're quite turning their back on boeing right now it'll be interesting to see when they say that they have the software update and they say that the plane is ready to go how many people actually are willing to been flying on those planes but i know i'
which you sort of understand when you understand the amount of money that boeing and how much we buy from boeing as a government and how much we facilitate these souls around the world in planes and weapon or planes that carry weapons so is there in the any indication on this and that the u.s. regulators and the. u.s. government will take a step back from their usual love for boeing and actually hold them accountable well unfortunately i don't think we're quite shy about pointing out as we saw...
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Apr 4, 2019
04/19
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BBCNEWS
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on—board a recent test flight boeing's chief executive. tonight in a carefully scripted video message a recognition that the aircraft had malfunctioned. it promised a modified max would be among the safest planes have a fly. we know every person who stepped aboard one of our aeroplanes places their trust in us. together we'll do everything possible to earn and re—earn that trust and confidence from our re—earn that trust and confidence from oui’ customers re—earn that trust and confidence from our customers and the flying public in the weeks and months ahead. but for now, hundreds are grounded, thousands of orders on hold, and multiple investigations will look at how the plane was signed off as safe to fly. tom burridge, bbc news. our correspondent nick bryant is at boeing's offices, just outside washington. we heard from the chief executive that they face some very challenging questions, don't make? they really do and they are saying tonight they are continuing to work on a fix, we know the fix includes updated software, it includ
on—board a recent test flight boeing's chief executive. tonight in a carefully scripted video message a recognition that the aircraft had malfunctioned. it promised a modified max would be among the safest planes have a fly. we know every person who stepped aboard one of our aeroplanes places their trust in us. together we'll do everything possible to earn and re—earn that trust and confidence from our re—earn that trust and confidence from oui’ customers re—earn that trust and...
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Apr 29, 2019
04/19
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BBCNEWS
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boeing hasjust made decisions to put their profits in front i want boeing to come clean about the chain of events inside boeing that led to these crashes. but if they were looking to hear some accountability, they were disappointed. despite being pressed by the media, boeing's ceo was reluctant to accept full responsibility. there's a chain of events, there are multiple contributing factors. there are factors that we can control in the design, and, in this case, that common link related to the mcas system and its activation. we're going to break that link and this will prevent accidents like this from happening again. the boeing 737 max's anti—stall system, or mcas, was the common factor in both the ethiopian and lion air crashes, and it is what led regulators across the globe to ground the entire boeing max fleet. as it scrambles to get their planes fixed, the crisis continues to grow for boeing. four whistle—blowers have approached us lawmakers, raising safety concerns with the max jet. the company is facing a mounting number of lawsuits and criminal investigations from the us jus
boeing hasjust made decisions to put their profits in front i want boeing to come clean about the chain of events inside boeing that led to these crashes. but if they were looking to hear some accountability, they were disappointed. despite being pressed by the media, boeing's ceo was reluctant to accept full responsibility. there's a chain of events, there are multiple contributing factors. there are factors that we can control in the design, and, in this case, that common link related to the...
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Apr 24, 2019
04/19
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BBCNEWS
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boeing admitted a failure in the jet all. boeing admitted a failure in thejet anti— all. boeing admitted a failure in the jet anti— stall system as a factor in the accident. dozens of families are selling it over 0ctober‘s lion air crash in indonesia, raising questions about the legal implications for the american aviation giant. here on wall street investors have questions for boeing. what will the 737 max crisis due to its finances? how much compensation will it pay airlines for the planes that have been grounded. what about the cost of fixing the planes? and, of course, what about the orders cancelled? jim corridor is a boeing analyst at cfra. we will see costs already for increased rnd and the software system putting in place and they stopped delivery of planes on order. what about boeing's long—term prospects? it's not an existential threat, it will be harmful, reputation damage, revenue and earning impacts for several years but boeing will be around for decades to come. all of that is dependent on the public‘s trust in boeing which has obviously taken a hit
boeing admitted a failure in the jet all. boeing admitted a failure in thejet anti— all. boeing admitted a failure in the jet anti— stall system as a factor in the accident. dozens of families are selling it over 0ctober‘s lion air crash in indonesia, raising questions about the legal implications for the american aviation giant. here on wall street investors have questions for boeing. what will the 737 max crisis due to its finances? how much compensation will it pay airlines for the...
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and boeing have been the standard bearers of flying safety. is that being lost in this story or are they no longer the deserving standard bearers of flight safety. well you're quite right of course there are other aircraft which are quite happily flying around and the fact there are hundreds of thousands of flights every day and believe the naughts travel is safe it's safer than taking a bus in london that's how safe it is but of course everybody's attention is on the on needs to really nasty crashes and really they've got to get to the bottom of it and find out exactly what did happen and this process today the preliminary report is part of this process now the report doesn't seek to apportion blame it is purely a technical report on what they found from the black boxes if you recall they recover the two black boxes and they were sent to paris because they have the solidities there and they do coded everything that's on the black boxes and then sent it back to ethiopia because that is sea area it's got jurisdiction over this take or incident.
and boeing have been the standard bearers of flying safety. is that being lost in this story or are they no longer the deserving standard bearers of flight safety. well you're quite right of course there are other aircraft which are quite happily flying around and the fact there are hundreds of thousands of flights every day and believe the naughts travel is safe it's safer than taking a bus in london that's how safe it is but of course everybody's attention is on the on needs to really nasty...
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Apr 10, 2019
04/19
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BBCNEWS
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impact on boeing ‘s reputation? i don't think so. boeing is still one of the leaders in the aerospace industry throughout the world. the main competitor is our bus but boeing still, with their entire fleet of different our plans are make, they will be able to survive this. it's good to talk to you, thank you for coming on the programme. the global economy is at a delicate moment, according to the international monetary fund — which now forecasts global growth of 3.3% this year. let's go to our asia business hub where shara njit leyl is following the story. so how are the world's two most populous nations likely to fare in 2019? reasonably well still, as you mentioned the fund is projecting the slowdown. got the slowdown for 70% of the global economy, having said that, china and india is amongst them, they're expecting 6.3% growth for the world ‘s second—largest economy, that is of course, china. but also to 6.1 next year and chief concerns include the trade war with the us. the organisation acknowledges the po
impact on boeing ‘s reputation? i don't think so. boeing is still one of the leaders in the aerospace industry throughout the world. the main competitor is our bus but boeing still, with their entire fleet of different our plans are make, they will be able to survive this. it's good to talk to you, thank you for coming on the programme. the global economy is at a delicate moment, according to the international monetary fund — which now forecasts global growth of 3.3% this year. let's go to...
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Apr 24, 2019
04/19
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CNBC
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>> is this about boeing? >> i think occi is going to have to sell a significant amount of assets to get this done. jim, i don't know what you think but its got to be at least $10 billion or upward of 20 or $25 billion and assets, can they sell it? >> i can't believe how vickie hall, she was just pillar ri when she bought all those. now she's looking like a genius. chevron, they're not going to lose >> meanwhile, microsoft 960, apple 970, amazon -- trillion dollars companies left and right again. it is kind of exciting we are in a good business. this is pretty amazing anyway, gentlemen, thank you faber, let me know thanks, man. is that true >> still >> no. that's what i thought. we'll see you. i didn't say anything. >> he said no. i said are you still here? >> he said no. >> we want to thank joe is here fousor bngr fei here for the whole show this morning. we'll be right back. oh, sir. that was my grandma's. don't worry, ma'am. all of your stuff is in ok hands. just ok? they don't give two and a half stars to
>> is this about boeing? >> i think occi is going to have to sell a significant amount of assets to get this done. jim, i don't know what you think but its got to be at least $10 billion or upward of 20 or $25 billion and assets, can they sell it? >> i can't believe how vickie hall, she was just pillar ri when she bought all those. now she's looking like a genius. chevron, they're not going to lose >> meanwhile, microsoft 960, apple 970, amazon -- trillion dollars...
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there is the move is in retaliation for the blocs that subsidized nation of boeing while. the world's toughest internet laws the u.k. government unveils plans for a new independent watchdog to regulate the web. the era of social media firms regulation themselves is over it's time to do things differently it's.
there is the move is in retaliation for the blocs that subsidized nation of boeing while. the world's toughest internet laws the u.k. government unveils plans for a new independent watchdog to regulate the web. the era of social media firms regulation themselves is over it's time to do things differently it's.
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and to boeing nice questions. at its first shareholder meeting since its top selling jet is involved in to say to crush us. a welcome to g.w. business i want to get in berlin good to have you with us u.s. president donald trump is suing deutsche bank to stop it from handing over financial records about the bank's dealings with a new york real estate mogul congressional oversight committee subpoenaed to the documents in march two years the german lender has been traumas mane and sometimes only creditor financing many office construction projects democrats in congress say they want to investigate possible financial ties between trump and russia and gain general knowledge of the president's finances trump has for years boasted about his financial action buts he's been secretive about details breaking with a longstanding tradition of presidents making their tax filings public. for more let's bring in a off a national correspondent in frankfurt. the president of the united states suing germany's biggest lender oh is th
and to boeing nice questions. at its first shareholder meeting since its top selling jet is involved in to say to crush us. a welcome to g.w. business i want to get in berlin good to have you with us u.s. president donald trump is suing deutsche bank to stop it from handing over financial records about the bank's dealings with a new york real estate mogul congressional oversight committee subpoenaed to the documents in march two years the german lender has been traumas mane and sometimes only...
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Apr 5, 2019
04/19
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BBCNEWS
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and it is not just boeing given more specific warnings? and it is notjust boeing that is under investigation, it is the air regulator as well. boeing once congratulated the federal aviation authority for streamlining the process , authority for streamlining the process, with safety standards compromised as a result. eu officials say they're still working with ireland's government on how to handle the irish border in the event of a no deal brexit. at talks in dublin, the leaders of ireland and germany said they were determined to avoid a situation where britain leaves the eu without a deal. translation: we want to stand together as the 27 until the very last hour. we will do everything in order to prevent a no—deal brexit, but we have to do this with britain and with the position that they have presented to us. in the event of a no deal, where the uk crashes out without an agreement, it's not possible, quite frankly, to have a clear plan, because there are so many different contingencies and hypotheticals and a lot of it will depend on wh
and it is not just boeing given more specific warnings? and it is notjust boeing that is under investigation, it is the air regulator as well. boeing once congratulated the federal aviation authority for streamlining the process , authority for streamlining the process, with safety standards compromised as a result. eu officials say they're still working with ireland's government on how to handle the irish border in the event of a no deal brexit. at talks in dublin, the leaders of ireland and...
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Apr 30, 2019
04/19
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BBCNEWS
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i want boeing to come clean about the chain of events inside boeing that led to these crashes. but if they were looking to hear some accountability, they were disappointed. despite being pressed by the media, boeing's ceo was reluctant to accept full responsibility. there's a chain of events. there are multiple contributing factors. there are factors that we can control in the design, and, in this case, that common link related to the mcas system and its activation. we're going to break that link, and this will prevent accidents like this from happening again. the boeing 737 max's anti—stall system, or mcas, was the common factor in both the ethiopian and lion air crashes, and it is what led regulators across the globe to ground the entire boeing max fleet. as it scrambles to get their planes fixed, the crisis continues to grow for boeing. four whistle—blowers have approached us lawmakers, raising safety concerns with the max jet. the company is facing a mounting number of lawsuits and criminal investigations from the us justice department. that should have gone through som
i want boeing to come clean about the chain of events inside boeing that led to these crashes. but if they were looking to hear some accountability, they were disappointed. despite being pressed by the media, boeing's ceo was reluctant to accept full responsibility. there's a chain of events. there are multiple contributing factors. there are factors that we can control in the design, and, in this case, that common link related to the mcas system and its activation. we're going to break that...
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Apr 29, 2019
04/19
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BBCNEWS
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there is no doubt this is very important for boeing. this company is ata important for boeing. this company is at a time of crisis. the financial cost for boeing is huge. its most lucrative plane is currently grounded. there is no news in terms of how quickly planes will be back up in the air.
there is no doubt this is very important for boeing. this company is ata important for boeing. this company is at a time of crisis. the financial cost for boeing is huge. its most lucrative plane is currently grounded. there is no news in terms of how quickly planes will be back up in the air.
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Apr 4, 2019
04/19
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CNNW
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but after two deadly crashes, boeing faces a serious crisis. the 737 has been the company's best selling product for decades and boeing is an important company that contributes to american economic growth. it sells more than half of its products internationally. that boosts trade. its stock carries serious weight on the dow. boeing stock is down close to 9%, shaving $20 billion from its market cop. jp morgan's chief economist says if boeing were forced to halt product, it would reduce u.s. gdp by .15%. production continues, and boeing will report first quarter deliveries on orders next week. mullenberg joined a test flight of the 737 max, testing on the plane's software update continues. boeing plans to submit it to the faa in the coming weeks. >>> global stock markets mixed as investors wait for developments in u.s. china trade talks. u.s. markets posted some gains on wednesday. the dow closed up 39 points, the s&p closed up slightly. the nasdaq up for the fifth day in a row. computer chip stocks helped spur that rally. all three major average
but after two deadly crashes, boeing faces a serious crisis. the 737 has been the company's best selling product for decades and boeing is an important company that contributes to american economic growth. it sells more than half of its products internationally. that boosts trade. its stock carries serious weight on the dow. boeing stock is down close to 9%, shaving $20 billion from its market cop. jp morgan's chief economist says if boeing were forced to halt product, it would reduce u.s. gdp...
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Apr 4, 2019
04/19
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KQED
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boeing has groundeall max 8 planes worldwide. our transport correspondent tom burridge has the details. tom: just seconds after takeoff, and this ethiopian airlines plane was repeatedly nosediving towards the ground. the pilots wrestle to pull up, but an automatic anti-stall mechanism on the new boeing 737 max 8 was pushing the plane down.at investigs say the crew followed a procedure outlined bt boeing, buidn't work. it plunged 13,000 feet in 32 seconds. >> the crew performed all the procedures repeatedly provided by the manufacturer, but was not le to control the craft. tom:n board, 157 people. he's just some of the victims. five months earlier, another 737 max 8 crashed off indonesia in a similar way, killing 189 people. the max 8 is the latest version of the very popular 737. new, heavier engines make it more fuel-efficient, but in flight, the weight andsi on forced the nose up a bit. if the angle of flight becomes too high, the plane can stall and crash. so boeing designed a computer system which automatically pushes the nos
boeing has groundeall max 8 planes worldwide. our transport correspondent tom burridge has the details. tom: just seconds after takeoff, and this ethiopian airlines plane was repeatedly nosediving towards the ground. the pilots wrestle to pull up, but an automatic anti-stall mechanism on the new boeing 737 max 8 was pushing the plane down.at investigs say the crew followed a procedure outlined bt boeing, buidn't work. it plunged 13,000 feet in 32 seconds. >> the crew performed all the...
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Apr 29, 2019
04/19
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BBCNEWS
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i want boeing to come clean about the chain of events inside boeing that led to these crashes. but, if they were looking to hear some accountability, they were disappointed. despite being pressed by the media, boeing's ceo was reluctant to accept full responsibility. there's a chain of events. there are multiple contributing factors. there are factors that we can control in the design, and in this case, that common link related to the mcas system and its activation. we're going to break that link, and this will prevent accidents like this from happening again. the boeing 737 max's anti—stall system, or mcas, was the common factor in both the ethiopian and lion air crashes, and it is what led regulators across the globe to ground the entire boeing max fleet. as it scrambles to get their planes fixed, the crisis continues to grow for boeing. four whistle—blowers have approached us lawmakers, raising safety concerns with the max jet. the company is facing a mounting number of lawsuits and criminal investigations from the us justice department. that should have gone through som
i want boeing to come clean about the chain of events inside boeing that led to these crashes. but, if they were looking to hear some accountability, they were disappointed. despite being pressed by the media, boeing's ceo was reluctant to accept full responsibility. there's a chain of events. there are multiple contributing factors. there are factors that we can control in the design, and in this case, that common link related to the mcas system and its activation. we're going to break that...
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Apr 3, 2019
04/19
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CNNW
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. >>> breaking overnight, pilots on the dooms boeing flight in ethiopia used the exact procedures boeing recommends, but still couldn't keep the plane in the air. >>> anything we give them will never be enough. >>> house democrats vote to authorize a subpoena, the full mueller report. they see it through. >>> an historic night in chicago. the city elects the first mayor who is a black woman and identifies as gay. >>> another case of a fake ride share driver. police looking for a man in washington state who raped a woman who got into his car. good morning, everyone. welcome to early start. i'm dave briggs. >> i'm christine romans. it is 5:00 a.m. in the east. get up and get started, america. >>> breaking overnight, pilots flying the boeing 737 that crashed in ethiopia followed boeing's recommended emergency procedures and still unable to recover control of the jet. people briefed on preliminary findings from the plane's black boxes. for the latest, turn to cnn's robin in ethiopia, live this morning. this reporting certainly cast doubt on what we have been hearing from boeing, there are, t
. >>> breaking overnight, pilots on the dooms boeing flight in ethiopia used the exact procedures boeing recommends, but still couldn't keep the plane in the air. >>> anything we give them will never be enough. >>> house democrats vote to authorize a subpoena, the full mueller report. they see it through. >>> an historic night in chicago. the city elects the first mayor who is a black woman and identifies as gay. >>> another case of a fake ride share...
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Apr 4, 2019
04/19
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BBCNEWS
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boeing's reaction? george commit boeing is facing one of the biggest crisis its 103 year history and they say they are still working on an update for the software on board the boeing. yesterday, they undertook a second demonstration flight with undertook a second demonstration flight with that new software commit the ceo of boeing was on board. they started working on that software update after the indonesian crash, which begs the obvious question, why wasn't more urgency attached to that project and why were more alert is not sent out to pilots talking about this potential problem 7 not sent out to pilots talking about this potential problem? and it is not just boeing under scrutiny, this potential problem? and it is notjust boeing under scrutiny, it is the american air regulator as well. head of the 737 max commit boeing praised the federal aviation administration full—screen lining the certification process. now, did that streamlining mean that safety standards were compromised ? that streamlining
boeing's reaction? george commit boeing is facing one of the biggest crisis its 103 year history and they say they are still working on an update for the software on board the boeing. yesterday, they undertook a second demonstration flight with undertook a second demonstration flight with that new software commit the ceo of boeing was on board. they started working on that software update after the indonesian crash, which begs the obvious question, why wasn't more urgency attached to that...
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Apr 4, 2019
04/19
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CNNW
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boeing will deliver first quarter earnings next week. the ceo joined a test flight of 737 yesterday. a testing on the software update continues and boeing plans to submit it to the faa in the coming weeks. >>> the fbi is investigating a security breach at mar-a-lago as possible espionage. a woman with four cell phones and a thumb drive containing malware was able to enter. for his part, the president says the secret service and the club's receptionist had it all under control. >> no, i'm not concerned at all. we have very good control. we have extremely good, and it's getting better. i think that was a fluke situation. >> jang said she works as an investor and consultant for a chinese company. the chinese embassy in washington has not responded to our request for comment. later today president trump will meet with china's vice premier. >>> an illinois boy missing almost eight years has apparently turned up alive in kentucky. a teenager identifying himself as timothy pitson, telling police he just escaped his kidnappers by fleeing a red l
boeing will deliver first quarter earnings next week. the ceo joined a test flight of 737 yesterday. a testing on the software update continues and boeing plans to submit it to the faa in the coming weeks. >>> the fbi is investigating a security breach at mar-a-lago as possible espionage. a woman with four cell phones and a thumb drive containing malware was able to enter. for his part, the president says the secret service and the club's receptionist had it all under control. >>...
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is boeing now trump wants to settle the score by launching a new round of tariffs on european products bringing together a decades long dispute and much more recent trade tensions. airbus isn't just an aerospace giant it's a pan-european collaboration supported in part by government subsidies a fact the united states says gives airbus in unfair advantage one that president trump wants to take action on via tweet he announced eleven billion dollars in new punitive tariffs on european products it's a conflict that has been brewing for fourteen years for their part their bosses european investors accuse the u.s. of propping boeing up with suspensions of its own both sides filed suit with the world trade organization and says both sides subsidies are on lawful. france's finance minister is calling on both parties to find common ground. to water situational no question when i see the situation in global growth as in i don't think we can afford to have a trade conflict even if only on the specific issues of the aircraft industry in the united states and europe. so i am pleading and in washin
is boeing now trump wants to settle the score by launching a new round of tariffs on european products bringing together a decades long dispute and much more recent trade tensions. airbus isn't just an aerospace giant it's a pan-european collaboration supported in part by government subsidies a fact the united states says gives airbus in unfair advantage one that president trump wants to take action on via tweet he announced eleven billion dollars in new punitive tariffs on european products...
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Apr 24, 2019
04/19
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FBC
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boeing is still reeling from the fallout of the boeing 737 max crisis. the stock is up a third of a percent, but the substance coming out of the company is worrisome. airplane maker missed on first quarter earnings since its first quarterly earnings miss since the airplane was grounded. production revenue falling 17% and revenue dropping 9% as well. boeing announced it has suspended its forecast now, so putting out how we think we're doing due to uncertainty surrounding the 737 max planes, and it will pause any share buy-backs. nonetheless, shares are hanging on at the moment at $375.57. that's a gain of $1.55. >>> in just a few minutes, we will fly you live to seattle for a deeper dive into the earnings report and what was specifically said on the boeing call, because could be, who knows, a buying opportunity. but in the meantime, let's get to this. a bidding war could be on the horizon in the permian basin. we have ourselves a little war here. no counteroffer by chevron but analysts expect we will see that coming up. according to occidental's ceo, anad
boeing is still reeling from the fallout of the boeing 737 max crisis. the stock is up a third of a percent, but the substance coming out of the company is worrisome. airplane maker missed on first quarter earnings since its first quarterly earnings miss since the airplane was grounded. production revenue falling 17% and revenue dropping 9% as well. boeing announced it has suspended its forecast now, so putting out how we think we're doing due to uncertainty surrounding the 737 max planes, and...
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Apr 5, 2019
04/19
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CNNW
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regulators have ordered boeing to fix it. its discovery delayed a planned software update last week. >> this coming after the preliminary report on the ethiopian crash. boeing acknowledges the company has a major issue to fix. >> it's apparent that in both flights, the maneuvering characteristics augmentation system, known as mcas activated in response to erroneous angle of attack information. it's our responsibility to eliminate this risk. we own it, and we know how to do it. >> dennis muilenburg extended his sympathies for the 346 people who died. the back-to-back disaster is raising questions over whether years of looser oversight was a factor. tom foreman has more. >> reporter: the report says trouble starts after takeoff with air speed and altitude readings from the left side that don't match readings from the right side and two sensors on front disagreeing about the angle of the aircraft's nose. the one on the left swings wildly from 11 to nearly 75 degrees steep as if the plane is rocketing upwards. >> what stands out
regulators have ordered boeing to fix it. its discovery delayed a planned software update last week. >> this coming after the preliminary report on the ethiopian crash. boeing acknowledges the company has a major issue to fix. >> it's apparent that in both flights, the maneuvering characteristics augmentation system, known as mcas activated in response to erroneous angle of attack information. it's our responsibility to eliminate this risk. we own it, and we know how to do it....
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Apr 29, 2019
04/19
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BBCNEWS
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a very difficult time for boeing to stop the financial cost per boeing is huge. it's most look of the plane is currently grounded. there is no news on how quickly planes were currently back up in the air. airlines that use these boeing planes cannot fly them to comes a tight financial cost. and they will be certainly seeking compensation. compensation will be sought also by the victims of those two thing crashes. along with the... there is the serious reputational cost that boeing has certainly suffered. there has been a loss of public confidence among the flying public. whether these boeing planes are safe to fly. so the question is, has boeing done enough at the event today to try and restore some of that confidence. when the ceo was asked pointed questions about responsibility, he stopped short again of taking com plete stopped short again of taking complete responsibility for this crisis. it has also emerged that us whistle—blowers have questioned the 77 max... since march all of the 77 max had been grounded. you heard mr lindberg refer to the mcas. this is
a very difficult time for boeing to stop the financial cost per boeing is huge. it's most look of the plane is currently grounded. there is no news on how quickly planes were currently back up in the air. airlines that use these boeing planes cannot fly them to comes a tight financial cost. and they will be certainly seeking compensation. compensation will be sought also by the victims of those two thing crashes. along with the... there is the serious reputational cost that boeing has certainly...
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Apr 3, 2019
04/19
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>>> breaking overnight, pilots on the doomed boeing flight in ethiopia knew the exact procedures boeing recommends, but still couldn't keep the plane in the air. >> anything we give them will never be enough. >> house democrats vote to authorize a subpoena for the full mueller support. will they see it through? >>> an historic night in chicago as the city elects the first mayor that is black and identifies as gay. >>> a fake ride share driver. police are looking for a man in washington state who raped a woman who got in his car. welcome to early start, i'm christine romans. >>> we start with breaking news regarding that crash. pilots flying the boeing 737 initially followed boeing's recommended emergency proceed you ares, but still unable to gain control of the jet. briefed on preliminary findings of the plane's black boxes. let's welcome in robin, live. good morning. >> reporter: hi, dave. the scenarios at "the wall street journal" reporting states the anti-stall systems failed and the pilots of flight 302 followed the emergency procedures to shut it down. they went to shut it down, fr
>>> breaking overnight, pilots on the doomed boeing flight in ethiopia knew the exact procedures boeing recommends, but still couldn't keep the plane in the air. >> anything we give them will never be enough. >> house democrats vote to authorize a subpoena for the full mueller support. will they see it through? >>> an historic night in chicago as the city elects the first mayor that is black and identifies as gay. >>> a fake ride share driver. police are...
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Apr 4, 2019
04/19
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BBCNEWS
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the crisis for boeing deepens. ethiopia calls for a review of flight controls, as investigators find that pilots were not to blame for crash near addis ababa. hundreds of boeing 737—maxs have been grounded and thousands of orders now on ice. carlos ghosn is rearrested, this time over allegations that he paid an omani businessman $31 million from company funds. mr ghosn denies all charges and vows not to be broken. thousands of firms look set to miss tonight's legal deadline for publishing their gender pay gap. the deadline for companies in the public sector was march 31st. britain's equality and human rights commission says it will take enforcement action against all businesses that miss the deadline. now, how likely are you to buy a new car? the answer to that question by the looks of today's new car sales figures is less likely than in the past. march is normally a good month because of the number plate change lowering more customers into showrooms but demand continues to fall. the bulk of that fall is due to a
the crisis for boeing deepens. ethiopia calls for a review of flight controls, as investigators find that pilots were not to blame for crash near addis ababa. hundreds of boeing 737—maxs have been grounded and thousands of orders now on ice. carlos ghosn is rearrested, this time over allegations that he paid an omani businessman $31 million from company funds. mr ghosn denies all charges and vows not to be broken. thousands of firms look set to miss tonight's legal deadline for publishing...
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Apr 4, 2019
04/19
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BBCNEWS
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my message to boeing is don't think this is going to happen again. you can see the aircraft is now in quite a steep dive. that's the effect of mcas. captain chris brady has 18 years of experience flying 737s. that's the stall warning saying the aircraft is about to stall. he says so many issues now need to be reviewed. the level of automation of the aircraft, the behind systems, the risk analysis processes gone throughout boeing, the oversight by the regulator, the conversion training, the level of training generally come with a manual flying skills of the crews, the knowledge of these switches. all of it needs to be reviewed in the light of these accidents. changes are being made to the max. 0n—board a recent test flight boeing's chief executive. tonight in a carefully scripted video message a recognition that the aircraft had malfunctioned. it promised a modified max would be among the safest planes have a fly. we know every person who steps aboard one of our aeroplanes places their trust in us. together we'll do everything possible to earn and r
my message to boeing is don't think this is going to happen again. you can see the aircraft is now in quite a steep dive. that's the effect of mcas. captain chris brady has 18 years of experience flying 737s. that's the stall warning saying the aircraft is about to stall. he says so many issues now need to be reviewed. the level of automation of the aircraft, the behind systems, the risk analysis processes gone throughout boeing, the oversight by the regulator, the conversion training, the...
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Apr 15, 2019
04/19
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FOXNEWSW
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the boeing 737 max jet is grounded but should boeing's behavior be grounded to? next. it sure is. (mom vo) over the years, we trusted it to carry and protect the things that were most important to us. we always knew we had a lot of life ahead of us. (mom) remember this? (mom vo) that's why we chose a car that we knew would be there for us through it all. (male vo) welcome to the all-new 2019 subaru forester. the longest-lasting, most trusted forester ever. dad, it's fine. we have allstate. and with claimrateguard they won't raise your rates just because of a claim. that's why you're my favorite... i know. are you in good hands? travel and dining now kayak and opentable let you earn travel rewards every time you dine. earn points with each restaurant reservation on opentable and redeem them for hotel discounts on kayak. get started at kayak.com/diningrewards. and i recently had hi, ia heart attack. it changed my life. but i'm a survivor. after my heart attack, my doctor prescribed brilinta. it's for people who have been hospitalized for a heart attack. brilinta is taken with a low-
the boeing 737 max jet is grounded but should boeing's behavior be grounded to? next. it sure is. (mom vo) over the years, we trusted it to carry and protect the things that were most important to us. we always knew we had a lot of life ahead of us. (mom) remember this? (mom vo) that's why we chose a car that we knew would be there for us through it all. (male vo) welcome to the all-new 2019 subaru forester. the longest-lasting, most trusted forester ever. dad, it's fine. we have allstate. and...
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Apr 4, 2019
04/19
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BBCNEWS
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the ceo of boeing was onboard. now, they started working on that software update after the indonesian crash which begs the obvious questions. why wasn't more urgency attached to that project? and why weren't more alerts sent out to pilots talking about this potential problem? and it is notjust boeing that is under scrutiny, it is the american air regulator as well. ahead of the launch of the 737 max, boeing praised the federal aviation administration for streamlining the certification process. now, did that streamlining mean that safety standards were compromised? and that was nick brandt is speaking. with me is david who is operations and safety in their —— safety editor of fight international magazine. the findings suggest that the pilots acted correctly. yes and there are two preliminary reports as your previous reportjust said. and they both say things which are very similarand so they both say things which are very similar and so everything is pointing to this modification, a control system, an automated c
the ceo of boeing was onboard. now, they started working on that software update after the indonesian crash which begs the obvious questions. why wasn't more urgency attached to that project? and why weren't more alerts sent out to pilots talking about this potential problem? and it is notjust boeing that is under scrutiny, it is the american air regulator as well. ahead of the launch of the 737 max, boeing praised the federal aviation administration for streamlining the certification process....
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Apr 29, 2019
04/19
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BBCNEWS
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boeing's reputation and public confidence in the 737jet. boeing's most profitable plane. the jet the 737jet. boeing's most profitable plane. thejet has been grounded around the world since mid march, after two fatal crashes. the most recent, the ethiopian airlines grass last month that killed eve ryo ne grass last month that killed everyone onboard. —— crash. they are working on a fixed but the firm is under scrutiny from customers, regulators and passengers. southwest airlines is the largest global carrier flying 737 max aircraft. it's reported that boeing did not inform the airline that a safety feature had been deactivated. in well, pilots at american airlines claimed that boeing's training programme, aimed at help being pilots understand the ncas system does not go far enough. revenues have fallen by $1 billion, and boeing said last week it did not know how the crisis would affect its fortu nes know how the crisis would affect its fortunes going forward. it's a really busy week this week for financial markets, as it's a really busy week this week forfinancial mark
boeing's reputation and public confidence in the 737jet. boeing's most profitable plane. the jet the 737jet. boeing's most profitable plane. thejet has been grounded around the world since mid march, after two fatal crashes. the most recent, the ethiopian airlines grass last month that killed eve ryo ne grass last month that killed everyone onboard. —— crash. they are working on a fixed but the firm is under scrutiny from customers, regulators and passengers. southwest airlines is the...