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Boeing denies CEO Calhoun $7 million bonus due to 777X delays

Boeing denies CEO Calhoun $7 million bonus due to 777X delays

by AIP Online Bureau | Mar 4, 2023 | Data, Workplace/Employee Benefits

Boeing’s compensation committee determined in August 2022 that the award would not vest when it became clear that Calhoun would not meet the 777X entry into service goal by 2023, according to a company filing posted on Friday afternoon ahead of an April 18...

Boeing to pay $200 million to settle civil charges it misled investors about 737 MAX

by AIP Online Bureau | Sep 23, 2022 | International News, Regulation

“In times of crisis and tragedy, it is especially important that public companies and executives provide full, fair, and truthful disclosures to the markets. The Boeing Company and its former CEO, Dennis Muilenburg, failed in this most basic obligation,”...
India’s air traffic to grow nearly 7 pc through 2040: Boeing

India’s air traffic to grow nearly 7 pc through 2040: Boeing

by AIP Online Bureau | Sep 1, 2022 | Data, Eco/Invest/Demography

The growth for South East Asia market is pegged at 5.5 percent, China (5.4 percent), Africa (5.4 percent), and Latin America (4.8 percent), as per Boeing The projection is based on an over 20-year horizon and the growth could be much higher in the near-term Planemaker...
Boeing shares sink on fresh 777X setbacks, array of charges

Boeing shares sink on fresh 777X setbacks, array of charges

by AIP Online Bureau | Apr 27, 2022 | International News, Regulation

“We are concerned that this delay (in 777X delivery) may allow airlines to cancel without penalty,” Citi Research analyst Charles Armitage said. Reuters reported last month that the Federal Aviation Administration had warned Boeing that existing...

DHL run Boeing jet breaks in two after skidding off runway

by AIP Online Bureau | Apr 12, 2022 | International News, Non-Life, Reinsurance

The jet spun about 180 degrees and its tail went down an embankment. Photos showed the tail section snapped off from the main fuselage A Boeing Co. 757 cargo jet operated by DHL broke in two after skidding off the runway at Juan Santamaria International airport in...
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