Boeing shares plunge on array of charges, 737 MAX target in doubt

Boeing shares plunge on array of charges, 737 MAX target in doubt

April 27 (Reuters) – Boeing Co (BA.N) unveiled $2.7 billion in charges and added costs across its aircraft portfolio on Wednesday, and expressed doubts over hitting jet delivery targets as technical problems, inflation and supplier risks cloud its path toward recovery. Shares of the US planemaker fell to a nearly 1-1/2 year low after it … Read more

India’s aviation regulator bars 90 SpiceJet pilots from flying Boeing MAX planes

India’s aviation regulator bars 90 SpiceJet pilots from flying Boeing MAX planes

A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington, US June 29, 2020. REUTERS/Karen Ducey/File Photo Register now for FREE unlimited access to Reuters.com Register BENGALURU, April 13 (Reuters) – Indian budget carrier SpiceJet Ltd (SPJT.NS) said on Wednesday the country’s aviation regulator has asked 90 of its … Read more