Boeing, planes
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UPS and FedEx's fleets of MD-11 planes are grounded, which can each carry thousands of packages. Logistics experts say some cargo could shift to passenger planes, trains and trucks.
UPS (UPS) and FedEx (FDX), two of the leading cargo airlines in the world, have grounded their fleets of McDonnell Douglas MD-11 planes on the recommendations of the aircraft’s manufacturer, Boeing (BA),
AIR India has suspended three Boeing planes and launched “extensive investigations” into the aircraft after a deadly crash which killed 241 on board. A trio of Boeing 787-8 Dreamliners
The halt to MD-11 flight operations comes after the deadly crash of a UPS aircraft of that type in Louisville, Kentucky.
The FAA has issued an Emergency Airworthiness Directive affecting all Boeing MD-11 and MD-11F aircraft worldwide.
Airplane deliveries rose and revenue surged while Boeing’s defense and space business showed strength. But losses were wider than expected.
Few aircraft have changed global travel as profoundly as the Boeing 737. Introduced in the late 1960s, this twin-engine narrowbody family became the foundation of short and medium-haul air travel. Over nearly six decades,
Boeing avoids felony prosecution for 737 MAX crashes after agreeing to pay over $1.1 billion in fines and strengthen safety programs under DOJ deal.