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Boeing Is Mulling Borrowing $10 Billion or More Amid Ongoing 737 Max Crisis - Reports


RIA Nov. - Published Also reported by •Reuters IndiaReuters

Reports: Boeing Seeking Billions In Loans Amid 737 MAX Grounding

reports: boeing seeking billions in loans amid 737 max grounding
Watch VideoBoeing is reportedly seeking upwards of $10 billion in loans to cover expenses related to the grounding of the 737 Max. CNBC reports that according to sources close to Boeing, the..
Newsy - Published

Videos for "737 Max"

Boeing seeks $10 bln amid 737 MAX crisis: source [Video]Boeing seeks $10 bln amid 737 MAX crisis: source

The world's largest commercial aircraft manufacturer is seeking to borrow $10 billion or more as it awaits approval for its 737 MAX planes to fly again. Libby Hogan reports.

Credit: Rumble     Duration: 01:22Published

Reports: Boeing Seeking Billions In Loans Amid 737 MAX Grounding [Video]Reports: Boeing Seeking Billions In Loans Amid 737 MAX Grounding

According to CNBC, the company has secured around $6 billion in loans from several banks and could borrow more.

Credit: Rumble     Duration: 01:10Published

Boeing Discovers New Software Issue With Its Troubled 737 Max [Video]Boeing Discovers New Software Issue With Its Troubled 737 Max

The issue is reportedly related to a software power-up monitoring function.

Credit: Rumble     Duration: 01:17Published

American Airlines Suspends Boeing 737 Max Flights Until June [Video]American Airlines Suspends Boeing 737 Max Flights Until June

The 737 MAX was grounded worldwide last year following two crashes, and it's still not clear when it will get approval to fly again.

Credit: Rumble     Duration: 01:13Published


Southwest Airlines Joins The Pack, Delays 737 Max Return Until At Least June [Video]Southwest Airlines Joins The Pack, Delays 737 Max Return Until At Least June

Southwest Airlines has given notice that they are delaying putting Boeing 737 Max back on their schedule until at least early June. Katie Johnston reports.

Credit: CBS 11 Dallas     Duration: 00:40Published

American Airlines extends Boeing 737 Max grounding [Video]American Airlines extends Boeing 737 Max grounding

American Airlines extends Boeing 737 Max grounding

Credit: Rumble     Duration: 00:27Published

Stocks pull back on tariff report [Video]Stocks pull back on tariff report

Wall Street closed mixed Tuesday, reversing earlier intra-day record highs. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:12Published

Boeing CEO faces epic challenge in new job [Video]Boeing CEO faces epic challenge in new job

Boeing's new CEO David Calhoun assumed the top job on Monday as the planemaker battles to recover a crisis caused by two fatal crashes of the 737 MAX planes in five months. Conway G. Gittens..

Credit: Rumble     Duration: 01:52Published

Expert Picks—The Safest Airlines In 2020 [Video]Expert Picks—The Safest Airlines In 2020

AirlineRatings announced their picks for the world's top 20 safest airlines in 2020. Curated with the help of industry professionals, their selections are not only based on crashes and accidents, but..

Credit: Wochit News     Duration: 00:40Published

Lies, Coverup And A Fight For The Truth: What Boeing's Emails Tell Us [Video]Lies, Coverup And A Fight For The Truth: What Boeing's Emails Tell Us

In more than a hundred pages of communications, Boeing disclosed years of evidence that it knew the 737 Max had problems, and chose to ignore them.

Credit: Rumble     Duration: 03:36Published

Dow stumbles after touching 29,000 for first time ever [Video]Dow stumbles after touching 29,000 for first time ever

The Dow Jones Industrial Average made history Friday when it hit 29,000 for the first time in history but a tepid jobs report and caution ahead of the weekend sparked a widespread sell-off. Conway G...

Credit: Reuters Studio     Duration: 01:57Published

Emails, Texts Show Boeing Employees' Concerns About 737 Max Plane [Video]Emails, Texts Show Boeing Employees' Concerns About 737 Max Plane

Newly released emails and text messages show Boeing employees raised concern about the safety of the 737 Max plane; Kris Van Cleave reports for CBS2.

Credit: CBS 2 New York     Duration: 01:39Published

Internal Boeing Documents Show Efforts To Deceive 737 Max Regulators [Video]Internal Boeing Documents Show Efforts To Deceive 737 Max Regulators

Internal communications between Boeing employees are raising more questions about its 737 Max jet.

Credit: Rumble     Duration: 01:26Published

Boeing Messages on 737 Max Development: 'Designed by Clowns' [Video]Boeing Messages on 737 Max Development: 'Designed by Clowns'

In Boeing documents turned over to lawmakers related to the 737 Max jet development, one message read: "This airplane is designed by clowns who in turn are supervised by monkeys."

Credit: Cheddar Inc.     Duration: 00:16Published

'Designed by clowns': Boeing employees ridiculed 737 MAX [Video]'Designed by clowns': Boeing employees ridiculed 737 MAX

Boeing has released hundreds of internal messages that contained harshly critical comments about the development of the 737 MAX, including one that said the plane was "designed by clowns who..

Credit: Rumble     Duration: 01:34Published

Boeing Concealed 737 Max Problems, While Employees Mocked ‘Clowns’ Who Designed The Plane [Video]Boeing Concealed 737 Max Problems, While Employees Mocked ‘Clowns’ Who Designed The Plane

Veuer’s Lenneia Batiste has more on a report that reveals how Boeing concealed issues with the 737 max, and shows employees mocking other employees who designed the plane.

Credit: Veuer     Duration: 01:01Published

'Designed by clowns': Boeing employees ridiculed 737 MAX [Video]'Designed by clowns': Boeing employees ridiculed 737 MAX

Boeing has released hundreds of internal messages that contained harshly critical comments about the development of the 737 MAX, including one that said the plane was "designed by clowns who in turn..

Credit: Reuters Studio     Duration: 01:33Published

Ukraine jet accidentally downed by Iran say Canada, U.S. [Video]Ukraine jet accidentally downed by Iran say Canada, U.S.

A Ukrainian airliner that crashed shortly after take-off was accidentally shot down by Iran, Canada's prime minister and U.S. officials said on Thursday. Conway G. Gittens has the details.

Credit: Reuters Studio     Duration: 02:36Published

American Airlines Reaches Settlement With Boeing Over 737 Max [Video]American Airlines Reaches Settlement With Boeing Over 737 Max

The airline reached an agreement with Boeing on compensation for financial damages incurred from the worldwide grounding of the 737 Max jet in 2019.

Credit: Rumble     Duration: 01:26Published

Delta Delves Into Innovation, CEO Outlines Plan for Future of Travel [Video]Delta Delves Into Innovation, CEO Outlines Plan for Future of Travel

Ed Bastian became the first-ever airline CEO to deliver the keynote address at CES where he outlined a number of futuristic visions for the airline.

Credit: Cheddar Inc.     Duration: 04:19Published

Boeing Crash in Iran: How Bad it Could Get For Boeing [Video]Boeing Crash in Iran: How Bad it Could Get For Boeing

Boeing is already raising debt to pay off families and airlines for the 737-Max crashes. Tuesday, a Boeing 737-800 aircraft crashed in Tehran, Iran.

Credit: The Street     Duration: 01:22Published

Boeing weighs raising more debt [Video]Boeing weighs raising more debt

Boeing is reportedly considering plans to raise more debt to bolster its finances amid rising costs after the grounding of its 737 MAX jet. Fred Katayama reports.

Credit: Rumble     Duration: 01:07Published

Middle East jitters hit Wall Street [Video]Middle East jitters hit Wall Street

Stocks fell into the close on Tuesday as cautious investors kept on eye on tensions in the Middle East. Conway G. Gittens reports.

Credit: Reuters Studio     Duration: 01:52Published

Boeing's Checklist Of 737 Max Fixes Grows With Wiring Issue [Video]Boeing's Checklist Of 737 Max Fixes Grows With Wiring Issue

The list of items Chicago-based Boeing could be forced to fix before federal safety officials let the grounded 737 Max airliner fly again has grown to include a problem with electrical wiring used for..

Credit: CBS 2 Chicago     Duration: 00:38Published

Boeing Will Reimburse American Airlines for the Grounding of 737 Max Jet [Video]Boeing Will Reimburse American Airlines for the Grounding of 737 Max Jet

American Airlines has reached a compensation deal with Boeing and will be reimbursed for the money lost due to the grounding of the 737 Max jets.

Credit: Cheddar Inc.     Duration: 00:23Published

 

Air Niugini delays delivery of four 737 MAX jets until at least 2024

Papua New Guinea carrier Air Niugini has updated its contract with Boeing Co to delay the delivery of its four 737 MAX jets on order until at least 2024, the airline's chief executive said on Tuesday.
Reuters - Published

AerCap CEO warns against panic discounts for Boeing 737 MAX jets

Owners of Boeing's grounded 737 MAX jet must keep cool heads and avoid offering panic discounts on sale or lease prices to avoid undermining its long-term value, the head of one of the world's largest..
Reuters - Published

Boeing customer Air Lease says 'damaged' MAX brand should be dropped

The executive chairman of aircraft leasing firm Air Lease , which has 150 of Boeing's grounded 737 MAX jet on order, on Monday called on the U.S. manufacturer to drop the "damaged" MAX brand to avoid..
Reuters - Published

You're not Boeing to believe this: Yet another show-stopping software bug found in ill-fated 737 Max airplanes


The Register - Published

New glitch found in 737 Max software

Technical review finds flaw when grounded Boeing jet powers up
FT.com - Published

Boeing addresses new 737 MAX software issue that could keep plane grounded longer

Boeing Co said on Friday it is addressing a new software issue discovered in Iowa last weekend during a technical review of the proposed update to the grounded Boeing 737 MAX, a development that could..
Reuters - Published

Victims' families slam report into 737 Max crashes

The official report found that the process of clearing the planes to fly is "effective".
BBC News - Published

Boeing says it is addressing new 737 MAX software issue discovered in technical review

Boeing Co said on Friday it is addressing a new software issue discovered during a technical review of the proposed update to the grounded Boeing 737 MAX in Iowa last weekend.
Reuters - Published

UK: The Impact Of The Boeing 737 Max Grounding - Dentons

Boeing is the largest manufacturing exporter in the US, a major US employer and has a supply chain of thousands of US, European and global manufacturers.
Mondaq - Published

Southwest extends 737 MAX cancellations through June 6

Southwest Airlines Co said on Thursday it is extending cancellations of Boeing Co 737 MAX flights until June 6, citing the planemaker's decision to recommend pilot simulator training before resuming..
Reuters - Published

Southwest Airlines push Boeing 737 MAX flight cancellations into June

Southwest Airlines Co said on Thursday it would extend cancellations of 737 MAX flights through June 6, as the grounding of the Boeing Co jet threatens to hurt a second straight U.S. summer travel..
Reuters - Published

FAA should mandate safety management systems for Boeing, others: panel

An expert committee on Thursday recommended the Federal Aviation Administration's require Boeing Co and other aircraft manufacturers to adopt new safety management tools in the wake of two fatal Boeing..
Reuters - Published

Trump urges Boeing to move fast on resolving 737 MAX issues

U.S. President Donald Trump on Wednesday urged Boeing Co to move quickly to resolve issues with the grounded 737 MAX, noting the planemaker's significant impact on the U.S. economy.
Reuters - Published

Trump says he has no doubt new Boeing CEO will address 737 Max issues

U.S. President Donald Trump on Wednesday said he had no doubt that Boeing Co's new chief executive, David Calhoun, would be able to turn the company around as it grapples with the two fatal crashes of..
Reuters - Published

Boeing aircraft sales slump to historic lows after 737 Max annus horribilis


The Register - Published

Malaysia Airlines suspends Boeing 737 MAX deliveries due to jet's grounding

Malaysia Airlines said on Wednesday it has suspended deliveries of 25 Boeing Co 737 MAX jets, citing the plane's delayed return to service since it was grounded last year following two fatal crashes.
Reuters - Published

737 Max crisis: Boeing sees lowest orders in decades

The 737 Max has been grounded for 10 months after two crashes that killed 346 people in total.
BBC News - Published

United pilots re-elect union chairman in big year for contract talks

United Airlines Holdings Inc pilots on Tuesday re-elected Todd Insler as chairman of the United chapter of the Air Line Pilots Association for a term that will include contract negotiations and..
Reuters - Published

Boeing cedes crown as largest plane maker to Airbus

Order figures show weakness in widebody aircraft as well as fallout from 737 Max crisis
FT.com - Published

Boeing net orders slump to lowest in decades

Boeing Co reported its worst annual net orders in decades on Tuesday, along with its lowest numbers for plane deliveries in 11 years, as the grounding of its 737 MAX jet saw it fall far behind main..
Reuters - Published

Delta beats profit forecast on strong demand as rivals battle 737 MAX crisis

Delta Air Lines Inc on Tuesday reported a fourth-quarter profit that beat estimates, boosted in part by customers it gained from rival airlines' 737 MAX cancellations and growing air travel demand.
Reuters - Published

Ryanair says could start getting Boeing 737 MAX by April

Ryanair could receive its first deliveries of up to 10 grounded 737 MAX aircraft from Boeing by April, Chief Marketing Officer Kenny Jacobs said on Tuesday, but cautioned the timing was dependent on..
Reuters - Published

Boeing's worst year in decades

Boeing's new Chief Executive Officer David Calhoun started work on Monday, inheriting a company that is reeling from the effects of two fatal crashes which led to the grounding of the 737 MAX last..
Reuters - Published

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