Boeing Shutting Down Seattle Factories Due To Coronavirus
Operations would be reduced beginning Wednesday, the company said in a statement, and production would be suspended for a two weeks.
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Operations would be reduced beginning Wednesday, the company said in a statement, and production would be suspended for a two weeks.
Earlier this week, Chicago-based Boeing said it was seeking $60 billion in "public and private liquidity" for the aerospace industry, which is struggling amid a COVID-19 outbreak that has halted major travel and shuttered many businesses.
The 737 Max crisis has been the worst event in Boeing's history. At least until now.
The committee said multiple factors led to the crashes, but it honed in on a new flight-control system that pushed the nose of each plane down based on faulty sensor readings.
It's the latest problem Boeing faces as it tries to get the 737 Max back in the air.
Production of the 737 Max was suspended after two crashes that killed 346 people.
Boeing reported a net loss of $636 million last year, compared to a $10.5 billion profit it made in 2018.
Southwest Airlines said it will seek additional compensation from Boeing as the problem is expected to stretch deep into 2020.
CEO Dave Calhoun said it is important that Boeing gets the assembly line in Renton, Washington, going again sooner rather than later.
"We are currently estimating that the ungrounding of the 737 MAX will begin during mid-2020," Boeing said in a statement Tuesday afternoon.
The assembly line in Renton, Washington, has stopped building Boeing's bestselling plane, the company confirmed late Monday.
The process to getting final approval for the 737 Max to return to service has become an excruciatingly slow one, with every minor glitch getting far more attention than it would during a normal certification process.
The 737 Max was Boeing's best-selling plane until two of them crashed five months apart, killing 346 people and prompting regulators around the world the ground the plane last March.
Dave Calhoun, who began his post as CEO of Boeing Monday, sent an email to all of Boeing's employees, vowing to listen to them, customers and regulators.
The wiring issue came to light after the Federal Aviation Administration asked Boeing to audit key systems on the Max after two crashes in which new software and faulty sensors were implicated.
As part of a December audit of the plane's safety ordered by the FAA, Boeing found "previously unreported concerns" with wiring in the 737 Max.
The exact amount of money that he will leave with isn't yet clear. That will depend on his negotiations with Boeing, including how the company labels his departure — for example, was it a retirement? A resignation? A layoff?
Chairman David Calhoun will take over as CEO, effective January 13, 2020.
Boeing plans to suspend production of the 737 Max starting in January as it waits for the embattled plane to be recertified to return to service, the company announced Monday.
The head of the Federal Aviation Administration will face questions next week from a congressional panel about the agency's review of the Boeing 737 Max, which has been grounded since two crashes that killed 346 people.
Many of the lawsuits blame Boeing for not telling pilots about a new flight-control system that repeatedly pushed the nose of the plane down before it crashed shortly after takeoff, killing all 189 aboard.
On Thursday, a federal judge in Chicago approved settlements of nine lawsuits filed by families of passengers killed in a Lion Air flight that crashed off the coast of Indonesia in October 2018.
CBS 2 Morning Insider Tim McNicholas asked CBS Travel Editor Peter Greenberg some key questions about the planes.
The House Transportation Committee has been investigating two Boeing crashes, which together killed 346 people, and is also scrutinizing the Federal Aviation Administration's procedures for certifying aircraft.
Rarely has a global corporation as respected and powerful as Boeing been so humbled.
Burglars struck a liquor store in the South Chicago community on Chicago's South Side in a crash-and-grab early Monday morning.
A man was expected in court Monday on charges that he shot and killed a family member last week in Chicago's Auburn Gresham neighborhood.
This Memorial Day, events are planned all around the Chicago area to honor members of the U.S. Armed Forces who died in the line of duty.
A man plunged from an overpass in Grant Park in downtown Chicago and died Sunday evening.
Rafael Devers hit San Francisco's third grand slam in a seven-day span, a tiebreaking, fifth-inning drive that led the Giants over the Chicago White Sox 8-5.
Chicago Mayor Brandon Johnson got a warm sendoff Sunday as he prepares for a trip to the Vatican.
U.S. officials and negotiators were discussing a process to reopen the Strait of Hormuz, sources briefed on the conversations said.
The Trump administration on Friday announced a sweeping policy designed to make it harder for immigrants already in the U.S. to get permanent residency.
Senator Dick Durbin has fired former federal prosecutor Sheri Mecklenberg from her role as counsel to the Senate Judiciary Committee following allegations of prosecutorial misconduct with the grand jury in the Broadview Six case.
Tulsi Gabbard is resigning as the director of national intelligence after her husband was diagnosed with a rare form of bone cancer.
Consumer and environmental advocates said Monday that they found overcharges buried in the most recent rate-hike request by Nicor.
One week away from Memorial Day weekend and the unofficial start of the summer travel season, with gas prices remaining high, negotiations were set to resume Monday at the largest oil refinery in the Midwest.
Chatham residents say they're losing a vital resource as Walgreen's prepares to close its store near 86th and Cottage Grove.
According to AAA, the average price of a gallon of regular gas in Chicago was $5.17 on Friday, up from $3.75 a year ago.
Peoples Gas and North Shore Gas Company customers are likely to see minor credits on their bills for the next three years, thanks to a $125 million settlement agreement announced Thursday by Illinois Attorney General Kwame Raoul.
Menopause can feel like a major turning point for millions of women, with symptoms like fatigue, weight gain, and brain fog can make women feel like their bodies aren't their own.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
A person suspected of having hantavirus in Winnebago County, Illinois, turned out to be a false alarm, officials said Monday.
The DuPage County Health Department has confirmed its first positive tests for West Nile virus in pools of mosquitoes this year.
The Kane County Health Department was set Monday to offer a free mental health awareness webinar.
The owners of Gene & Georgetti steakhouse are suing a concessions operator over their expansion at Midway International Airport.
DraftKings announced Monday that it is closing its sportsbook operation at Wrigley Field after only about two years.
After more than 80 years, there will be no Ann Sather restaurant location in the 900 block of West Belmont Avenue in Chicago's Lakeview community, effective in June.
Flight attendants at Chicago-based United Airlines have approved a new labor contract, marking their first pay increases in six years.
The Chicago Fire FC announced Wednesday morning that its new stadium in the South Loop will be named McDonald's Park.
Former CBS Chicago anchorman Bill Kurtis has signed off from his role as the judge and scorekeeper on the NPR weekly news quiz show "Wait Wait… Don't Tell Me!"
Pop star Britney Spears said she was "totally fine" to drive and had not had a drink for about six hours when she was pulled over by the California Highway Patrol.
After nearly a century on the air, CBS News Radio signed off, with the final reports airing on Friday, May 22.
Stephen Colbert hosted "The Late Show" for the final time Thursday night as the franchise came to an end after 33 years.
The Museum of Broadcast Communications in Chicago already has one of Stephen Colbert's old desks, and now it will receive the whole "Late Show" set.
The Washed Ashore Project created a new art exhibit traveling the country from all the junk people leave behind on beaches, which can end up in oceans.
A man was expected in court Monday on charges that he shot and killed a family member last week in Chicago's Auburn Gresham neighborhood.
The Creature Shop in New York City is where designers crafted beloved Muppets by hand.
The U.S. and Iran are said to be moving closer to a peace deal, with President Trump saying negotiations are ongoing and “time is on our side.” Tina Kraus reports.
This Memorial Day, events are planned all around the Chicago area to honor members of the U.S. Armed Forces who died in the line of duty.
The chief of police in New Chicago, Indiana, stood accused Sunday of selling a pawn shop a gun that was being held as evidence.
Chicago police detectives on Sunday were investigating multiple shootings and other violent incidents stemming from gatherings of teens this Memorial Day weekend.
A man plunged from an overpass in Grant Park in downtown Chicago and died Sunday evening.
Burglars struck a liquor store in the South Chicago community on Chicago's South Side in a crash-and-grab early Monday morning.
A man was expected in court Monday on charges that he shot and killed a family member last week in Chicago's Auburn Gresham neighborhood.
Data centers popping up all over Illinois are sucking up millions of gallons of water a day, at a pace that the state can't keep up with. But experts say tapping into wastewater resources would steer the state in a new and much safer direction.
Many Metra riders with disabilities have been forced to reroute their trips due to Monday's closure of the only elevator providing access to the Electric Line at Millennium Station in downtown Chicago.
Pothole complaints continue everywhere, but especially on one street in the Pullman neighborhood on the South Side of Chicago.
People in Lincoln Park and Lakeview have rallied against a plan to build a new industrial ComEd electrical substation in their neighborhoods, pushing local and state leaders to get involved.
Monday marks one year since Illinois enacted Karina's Law — legislation aimed at taking firearms out of the hands of people accused of domestic abuse.
Rafael Devers hit San Francisco's third grand slam in a seven-day span, a tiebreaking, fifth-inning drive that led the Giants over the Chicago White Sox 8-5.
Freshman Gabriella McCollester scored a career-high four goals for Northwestern in a win over North Carolina in the NCAA Division I women's lacrosse national championship.
Christian Walker hit a three-run homer to cap a five-run fifth inning and the Houston Astros completed a three-game sweep of the Chicago Cubs with an 8-5 victory on Sunday.
Christian Walker homered twice with three RBIs, and the Houston Astros beat Chicago 3-0 Saturday to extend the Cubs' losing streak to seven, their longest skid in four years.
Harrison Bader hit a grand slam for the second time in six days, and the San Francisco Giants beats the Chicago White Sox 10-3.
Burglars struck a liquor store in the South Chicago community on Chicago's South Side in a crash-and-grab early Monday morning.
A man was expected in court Monday on charges that he shot and killed a family member last week in Chicago's Auburn Gresham neighborhood.
The chief of police in New Chicago, Indiana, stood accused Sunday of selling a pawn shop a gun that was being held as evidence and then trying to have it bought back, among other allegations.
Chicago police detectives on Sunday were investigating multiple shootings and other violent incidents stemming from gatherings of teens this Memorial Day weekend.
A woman was sexually assaulted in the LaBagh Woods forest preserve on Chicago's Northwest Side this weekend, and police were asking for help from the public in finding the attacker.