Today: July 04, 2024
Today: July 04, 2024

Latest From DAVID KOENIG

Business|News

What to know about the plea deal offered Boeing in connection with 2 plane crashes

Federal prosecutors and victims’ families are waiting for Boeing to decide whether to accept a plea deal that would settle a criminal fraud charge

What to know about the plea deal offered Boeing in connection with 2 plane crashes
Business|News

US wants Boeing to plead guilty to fraud over fatal crashes, lawyers say

The U.S. Justice Department plans to propose that Boeing plead guilty to criminal fraud in connection with two deadly plane crashes involving its 737 Max jetliners

US wants Boeing to plead guilty to fraud over fatal crashes, lawyers say
Business|News|Technology

Boeing threatens to lock out its private firefighters around Seattle in a dispute over pay

Boeing is already facing questions about quality and safety of its aircraft, and now it has a labor showdown on its hands in Seattle

Boeing threatens to lock out its private firefighters around Seattle in a dispute over pay
Business|News

A father who lost 2 sons in a Boeing Max crash waits to hear if the US will prosecute the company

Families of the 346 people who died in two crashes of Boeing 737 Max jetliners are waiting to hear if the Justice Department will prosecute the U.S. aerospace company

A father who lost 2 sons in a Boeing Max crash waits to hear if the US will prosecute the company
Business

United Airlines expects to lose money in the first quarter due to the grounding of Boeing Max 9 jets

United Airlines is warning that it will lose money in the first three months of the year partly because of the grounding of its Boeing Max 9 airplanes

United Airlines expects to lose money in the first quarter due to the grounding of Boeing Max 9 jets
News|Political|Travel

American Airlines CEO says the removal of several Black passengers from a flight was 'unacceptable'

American Airlines is putting employees on leave after they were involved in an incident in which several Black passengers were removed from a flight earlier this year

American Airlines CEO says the removal of several Black passengers from a flight was 'unacceptable'
Business|News|Political

Boeing CEO defends his safety record, spars with senators and apologizes to crash victims' relatives

The CEO of Boeing got his day in front of Congress, and it was a rocky flight

Boeing CEO defends his safety record, spars with senators and apologizes to crash victims' relatives
News|Technology

A Southwest Airlines plane that did a 'Dutch roll' suffered structural damage, investigators say

Investigators say a Southwest Airlines plane suffered damage to parts of the structure after it went into a “Dutch roll” during a flight last month

A Southwest Airlines plane that did a 'Dutch roll' suffered structural damage, investigators say
Economy|News|Technology

FAA investigating how titanium parts with falsified records wound up in Boeing and Airbus planes

Federal officials are investigating how parts made with titanium sold with falsified documentation wound up in Boeing and Airbus passenger jets

FAA investigating how titanium parts with falsified records wound up in Boeing and Airbus planes
Business

Southwest Airlines CEO says he won't resign. A hedge fund is trying to get him fired

The CEO of Southwest Airlines says he is not resigning in the face of pressure from a hedge fund that wants him fired

Southwest Airlines CEO says he won't resign. A hedge fund is trying to get him fired
Business

An investment firm has taken a $1.9 billion stake in Southwest Airlines and wants to oust the CEO

Activist shareholder Elliott Investment Management has taken a $1.9 billion stake in Southwest Airlines and wants to get rid of the CEO

An investment firm has taken a $1.9 billion stake in Southwest Airlines and wants to oust the CEO
Business

Southwest Airlines is considering changes to its quirky boarding and seating practices

Get ready for changes in boarding and seating at Southwest Airlines

Southwest Airlines is considering changes to its quirky boarding and seating practices
Business

Boeing posts a $355 million loss as the plane maker tries to dig out from under its latest crisis

Boeing is reporting a $355 million loss for the first quarter

Boeing posts a $355 million loss as the plane maker tries to dig out from under its latest crisis
Business

Delta Air Lines, facing another union attempt to organize flight attendants, is raising their pay

Delta Air Lines is raising pay for flight attendants and other nonunion workers by 5%

Delta Air Lines, facing another union attempt to organize flight attendants, is raising their pay
Business

Boeing pushes back on whistleblower's allegations and details how airframes are put together

Boeing is defending the integrity of the fuselages on two of its largest planes

Boeing pushes back on whistleblower's allegations and details how airframes are put together
Business

Boeing promises changes after getting poor grades in a government audit of manufacturing quality

Boeing received bad grades in a government audit of manufacturing quality, and the company says it's making changes to address the situation

Boeing promises changes after getting poor grades in a government audit of manufacturing quality
Business

Delta posts a $2 billion quarterly profit, but shares dip as airline trims forecast of 2024 earnings

Delta Air Lines says it closed 2023 strong and expects another good year in 2024

Delta posts a $2 billion quarterly profit, but shares dip as airline trims forecast of 2024 earnings
Business

American Airlines flight attendants ask for permission to strike. Southwest pilots could be next

American Airlines flight attendants are asking federal officials for the right to go on strike, possibly before the end of the Christmas and New Year’s travel rush, but American said there was “no possibility” of a walkout over the holidays

American Airlines flight attendants ask for permission to strike. Southwest pilots could be next
Business

American Airlines lost $545 million in the third quarter on higher labor costs while rivals prosper

American Airlines is reporting a $545 million loss for the third quarter due to higher labor costs

American Airlines lost $545 million in the third quarter on higher labor costs while rivals prosper
Business

Delta Air Lines scales back changes to its loyalty program after a revolt by customers

Delta Air Lines will move more slowly in tweaking its frequent-flyer program after customers complained loudly about changes the airline announced back in September

Delta Air Lines scales back changes to its loyalty program after a revolt by customers
Business

Delta Air Lines posts $1.11 billion profit for the third quarter and sees strong holiday bookings

Delta Air Lines says it made $1.11 billion in the third quarter, thanks to planes that were packed with travelers this summer

Delta Air Lines posts $1.11 billion profit for the third quarter and sees strong holiday bookings
Business|Economy

Boeing shareholders approve CEO's compensation as company faces investigations, possible prosecution

Boeing shareholders have approved CEO David Calhoun’s $32.8 million compensation

Boeing shareholders approve CEO's compensation as company faces investigations, possible prosecution
Business|Economy

Insider Q&A: Avelo Airlines CEO Andrew Levy describes the challenges of starting a new carrier

There aren't many newcomers in the airline business

Insider Q&A: Avelo Airlines CEO Andrew Levy describes the challenges of starting a new carrier
Business|Economy

United Airlines reports $124 million loss in a quarter marred by grounding of some Boeing planes

United Airlines says it lost $124 million in the first quarter, and it's blaming Boeing

United Airlines reports $124 million loss in a quarter marred by grounding of some Boeing planes
Business|Economy

Delta Air Lines posts a narrow Q1 profit and says travel demand remains strong despite flight scares

Delta Air Lines is reporting a small profit and says travel demand is strong heading into summer

Delta Air Lines posts a narrow Q1 profit and says travel demand remains strong despite flight scares

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