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Boeing CEO Calhoun brutally ripped over $32.8mn salary during Senate appearance

Boeing CEO Calhoun received $32.8 million in total compensation in 2023, a 45 percent increase as compared to $22.6 million in the previous year.

Boeing President and CEO Dave Calhoun leaves after testifying during a Senate Homeland Security and Governmental Affairs Committee Investigations Subcommittee hearing to examine.(AFP)
Published on Jun 20, 2024 07:50 PM IST
ByShweta Kukreti

Boeing Starliner’s return to earth delayed, here's why

The Boeing Starliner’s return to earth from the International Space Station has been delayed for some crucial reasons.

Boeing Starliner’s return to earth from International Space Station delayed (AP/PTI)(AP06_06_2024_000115B)(AP)
Published on Jun 19, 2024 07:25 AM IST
BySumanti Sen

Boeing CEO confesses firm's culture ‘far from perfect’ ahead of Senate hearing

While Boeing is hit with whistleblower allegations, its CEO David Calhoun intends to apologise for the company's safety lapses in a Senate hearing on Tuesday.

Boeing CEO David Calhoun speaks with reporters after a meeting at the Capitol in Washington, Jan. 24, 2024. U.S. lawmakers are expected to press Boeing's chief executive on Tuesday, June 18, 2024, about the company's latest plan to fix its manufacturing problems. (AP Photo/J. Scott Applewhite, File)(AP)
Published on Jun 18, 2024 06:06 PM IST
ByShweta Kukreti

Boeing installed many faulty parts on 737 Max planes, whistleblower alleges

The claims were made public by a US Senate subcommittee in a memo to members after which Boeing said it’s reviewing the details.

An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport.(Reuters)
Updated on Jun 18, 2024 09:49 PM IST

FAA was 'too hands off' in Boeing oversight before 737 MAX 9 incident

The head of the FAA said Thursday the agency was "too hands off" in oversight of Boeing before a Jan. 5 mid-air emergency in a new Alaska Airlines 737 MAX 9.

Boeing employees assemble 787s inside their main assembly building on their campus in North Charleston, South Carolina, U.S., May 30, 2023. Gavin McIntyre/Pool via REUTERS/File Photo(REUTERS)
Published on Jun 13, 2024 08:38 PM IST
Reuters | | Posted by Shweta Kukreti
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