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December 11, 2019
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Aerospace / Defense (Legacy)

Reuters - Business

FAA probes Boeing 737 MAX production, ex-manager warns of ‘a factory in chaos’

Reuters
WASHINGTON/SEATTLE (Reuters) – The U.S. Federal Aviation Administration said on Wednesday it was investigating production issues at Boeing Co’s 737 MAX factory after an ex-manager warned that schedule pressure and worker fatigue were raising safety risks. The manager, Ed Pierson, drew a link between faulty Angle of Attack sensors in...
Reuters - Business

FAA chief says 737 MAX won’t be cleared to resume flying in 2019

Reuters
WASHINGTON (Reuters) – U.S. Federal Aviation Administration (FAA) chief Steve Dickson confirmed Wednesday the agency will not allow Boeing Co’s (BA.N> grounded 737 MAX, involved in two fatal crashes in five months, to resume flying before the end of 2019. Federal Aviation Administration (FAA) Administrator Stephen Dickson testifies before a...
Reuters - Business

FAA chief says 737 MAX won’t be cleared to resume flying in 2019

Reuters
WASHINGTON (Reuters) – Federal Aviation Administration (FAA) chief Steve Dickson confirmed Wednesday the agency will not allow Boeing Co’s (BA.N> grounded 737 MAX, involved in two fatal crashes in five months, to resume flying before the end of 2019. FILE PHOTO: Aerial photos showing Boeing 737 Max airplanes parked at...
Reuters - Business

Meltdowns and touchdowns: How the U.S. scored a Canada-Mexico trade deal

Reuters
WASHINGTON (Reuters) – Revising the U.S.-Mexico-Canada trade agreement took a year of acrimonious talks among Democrats, the chief U.S. negotiator and a labor union president – and may have set a world record for phones being slammed down in anger, according to one negotiator. U.S. Trade Representative Robert Lighthizer gestures...
Reuters - Business

Boeing deliveries halved in first 11 months of 2019

Reuters
(Reuters) – Boeing Co (BA.N) delivered less than half as many planes in the first 11 months of 2019 as in the same period a year earlier, the planemaker said on Tuesday, as it continued to struggle with the grounding of its best-selling 737 MAX jets. FILE PHOTO: A Boeing...
Reuters - Business

Apple has ‘deep concerns’ that ex-employees accused of theft will flee to China

Reuters
SAN JOSE, California (Reuters) – Apple Inc on Monday told a federal court it has “deep concerns” that two Chinese-born former employees accused of stealing trade secrets from the company will try to flee before their trials if their locations are not monitored. FILE PHOTO: The Apple Inc. logo is...
Reuters - Business

Former Boeing employee who warned about 737 problems will testify at hearing

Reuters
WASHINGTON (Reuters) – A former Boeing Co (BA.N) employee who warned of problems with 737 production will testify on Wednesday at a U.S. House hearing on the Federal Aviation Administration review of the grounded 737 MAX. FILE PHOTO: Aerial photos showing Boeing 737 Max airplanes parked at Boeing Field in...
Reuters - Business

Former Boeing employee, FAA officials to testify at 737 MAX hearing

Reuters
WASHINGTON (Reuters) – A former Boeing co (BA.N) employee who raised concerns about 737 production will testify on Wednesday at a U.S. House hearing on the Federal Aviation Administration review of the grounded 737 MAX. FILE PHOTO: Aerial photos showing Boeing 737 Max airplanes parked at Boeing Field in Seattle,...
Reuters - Business

FAA seeks $3.9 million fine from Boeing for defective parts on 737 NG planes

Reuters
WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said on Friday it seeks to impose a $3.9 million fine on Boeing Co, alleging it failed to prevent the installation of defective parts on about 130 737 NG airplanes. FILE PHOTO: Boeing employees work on the tail of a Boeing 737...
Reuters - Business

Boeing says 737 MAX approval delays could hit production

Reuters
SEATTLE (Reuters) – Significant additional regulatory requirements or delays in returning Boeing Co’s 737 MAX to commercial service could cause it to cut or temporarily halt production of the aircraft, it said in an Oct. 18 letter released on Thursday. FILE PHOTO: Aerial photos showing Boeing 737 Max airplanes parked...
Reuters - Business

Airbus faces delivery challenge, poised to win jet order race

Reuters
PARIS (Reuters) – Airbus (AIR.PA) must hand a record number of aircraft to customers in December to meet delivery goals, company data showed on Thursday, and is all but certain of winning an annual order race against Boeing. FILE PHOTO: An Emirates Airline Airbus A380-800 takes off from Dubai International...
Reuters - Business

Bombardier on track to meet 2019 Global 7500 business jet delivery targets: executive

Reuters
FILE PHOTO: Bombardier’s Global 7500, the first business jet to have a queen-sized bed and hot shower, is shown during a media tour in Montreal, Quebec, Canada, December 19, 2018. Picture taken December 19, 2018. REUTERS/Christinne Muschi/File Photo (Reuters) – Canada’s Bombardier (BBDb.TO) will hit its 2019 delivery targets for...
Reuters - Business

Ryanair CEO denies accusation of bullying former operations chief

Reuters
DUBLIN (Reuters) – Ryanair (RYA.I) chief executive Michael O’Leary on Wednesday dismissed accusations that he bullied and forced out his former operations chief Peter Bellew, telling a court he was a highly paid professional who had failed to deliver. Ryanair’s Michael O’Leary walks at the Four Courts in Dublin after...
Reuters - Business

Ryanair cuts planned capacity and jobs, blames 737 MAX delays

Reuters
DUBLIN (Reuters) – Low-cost airline Ryanair (RYA.I) trimmed its passenger traffic forecast on Wednesday, saying it would cut summer capacity and an unspecified number of jobs as a result of further delays in returning Boeing’s (BA.N) grounded 737 Max aircraft to service. FILE PHOTO: A Ryanair Boeing 737-800 plane takes...
Reuters - Business

Proper U.S.-China trade deal more important than timing: Wilbur Ross

Reuters
(Reuters) – U.S. Commerce Secretary Wilbur Ross on Tuesday said it was more important to get a proper trade agreement with China than to get the deal done by this December or next December – after the 2020 presidential election. Ross told Reuters in an interview that the world’s two...
Reuters - Business

France fights back over U.S. tariff threat to Champagne, cheese

Reuters
PARIS/LONDON (Reuters) – France and the European Union said on Tuesday they were ready to retaliate if U.S. President Donald Trump acted on a threat to impose duties of up to 100% on imports of champagne, handbags and other French products worth $2.4 billion. The threat of punitive tariffs followed...
Reuters - Business

France and EU say primed to retaliate over U.S. tariff threat

Reuters
PARIS (Reuters) – France and the European Union said on Tuesday they are ready to retaliate if U.S. President Donald Trump acts on a threat to impose duties of up to 100% on imports of champagne, handbags and other French products worth $2.4 billion. The threat of punitive tariffs came...
Reuters - Business

France says primed to retaliate with EU over U.S. tariff threat against Paris

Reuters
PARIS (Reuters) – France and the European Union are ready to retaliate if U.S. President Donald Trump acts on a threat to impose duties of up to 100% on $2.4 billion in imports of champagne, handbags and other French products, the French government said on Tuesday. FILE PHOTO: French Finance...
Reuters - Business

France and EU ready to fight back over U.S. tariff threat, ministers say

Reuters
FILE PHOTO: French Finance Minister Bruno Le Maire attends a news conference in Boulogne-Billancourt, near Paris, France, November 7, 2019. REUTERS/Gonzalo Fuentes PARIS (Reuters) – France and the European Union are ready to fight back over the latest U.S. tariff threats on French products, French government ministers said on Tuesday....
Reuters - Business

France and EU ready to fight back over U.S. tariff threat: French ministers

Reuters
FILE PHOTO: French Finance Minister Bruno Le Maire attends a news conference in Boulogne-Billancourt, near Paris, France, November 7, 2019. REUTERS/Gonzalo Fuentes PARIS (Reuters) – France and the European Union are ready to fight back over the latest U.S. tariff threats on French products, French government ministers said on Tuesday....

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