House panel blasts Boeing and FAA over fatal 737 Max crashes
House Transportation Committee found that both "share responsibility for the development & certification of an aircraft that was unsafe."
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House Transportation Committee found that both "share responsibility for the development & certification of an aircraft that was unsafe."
Boeing is expected to pause production of its 737 Max jets. The plane was grounded worldwide following two crashes, and Boeing has experienced multiple setbacks in its attempts to get the plane approved to fly again. CBS News transportation correspondent Kris Van Cleave joins CBSN to discuss the company's options moving forward.
Boeing announces change its leadership Monday as the company struggles to win back trust after two fatal crashes. Boeing CEO Dennis Muilenberg is out. CBS News transportation correspondent Kris Van Cleave joined CBSN with more on who will replace him.
Quarterly revenues plunged and losses surged as aircraft maker continues to deal with fallout from two crashes.
David Calhoun laid out the new timetable for the plane to resume commercial airline service around mid-2020.
Aircraft manufacturer could borrow as much as $10 billion to cover cost of getting jet back in service.
The administration also said it's seeking $3.9 million from Southwest Airlines for a different issue.
Spirit AeroSystems, which makes the fuselage for Boeing's grounded jet, is cutting 20% of its U.S. workforce.
One employee wrote to another, "Would you put your family on a MAX simulator trained aircraft? I wouldn't." The second employee responded, "No."
Luttig's announcement comes just three days after former Boeing CEO Dennis Muilenburg stepped down.
The economic impact of the troubled jet is roughly equal to the output of Montana and Wyoming combined.
Troubled jet's production suspension could harm a U.S. economic expansion that many experts already fear is slowing.
Half the public does't know of the craft involved in two deadly crashes; those who do think it's not safe, poll says.
The FAA pushed back on the company's timeline for bringing the aircraft back into the sky after two deadly crashes.
Boeing jet grounded since deadly crashes. "I'm not going to sign off on this airplane until I fly it myself," FAA chief swears.
CEO Ed Bastian told "CBS This Morning" he has "total faith" the planes will be safe following FAA certification
Boeing's chairman said Muilenburg called him to suggest no cash or stock bonuses — the bulk of his pay — for 2019
Jet maker's compensation "clawback" policy doesn't include safety or loss of life as a factor in recovering exec pay
Union said its 28,000 members won't get on a plane they fear is unsafe — "Our lives are not for sale"
Boeing insists passengers needn't be concerned but fears are increasing that the extent of the plane's problems may have been underestimated
Too many Boeing directors sit on too many other corporate boards, raising oversight questions, say governance experts
Flight 610 plunged into the Java Sea just 13 minutes after takeoff a year ago, killing all 189 people on board
The airline maker has started accepting financial claims for victim of two crashes that killed a total of 346
The president of the Association of Flight Attendants-CWA has been called the most powerful labor leader in the country, as she has fought for increased safety in the aviation industry
Aircraft leasing company owned by Russian government is suing for hundreds of millions of dollars, accusing Boeing of lying about "defective" aircraft