#Boeing invests 0 million in air taxi startup

#Boeing invests $450 million in air taxi startup

“#Boeing invests $450 million in air taxi startup” Boeing is doubling down on its investment in the autonomous air taxi company Wisk Aero. The plane maker is committing another $450 million to the Silicon Valley startup that is developing its technology jointly with Kittyhawk, the self-flying aviation company backed by Google co-founder Larry Page. “With…

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#Boeing shareholders may pursue 737 MAX claims against board

#Boeing shareholders may pursue 737 MAX claims against board

“#Boeing shareholders may pursue 737 MAX claims against board” A Delaware judge ruled on Tuesday that Boeing’s board of directors must face a lawsuit from shareholders over two fatal 737 MAX crashes that killed 346 people in less than six months. Vice Chancellor Morgan Zurn ruled Boeing stockholders may pursue some claims but dismissed other…

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#Boeing posts first profit in almost 2 years

#Boeing posts first profit in almost 2 years

“#Boeing posts first profit in almost 2 years” Boeing on Wednesday posted its first quarterly profit in almost two years, as deliveries of its best-selling 737 MAX jets to airlines gained traction amid a sharp rebound in travel bookings following an increase in global COVID-19 vaccinations. The 737 MAX is integral to Boeing’s financial recovery, as the US planemaker scrambles to recoup billions of dollars in lost…

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#Boeing’s largest 737 Max model jets off on maiden flight

#Boeing’s largest 737 Max model jets off on maiden flight

“#Boeing’s largest 737 Max model jets off on maiden flight” Boeing’s 737 Max 10, the largest member of its best-selling single-aisle airplane family, took off on its maiden flight on Friday from a Seattle-area airport, according to a Reuters witness. The plane departed at 10:07 a.m. PDT from the Renton Municipal airport near Seattle, presaging months of…

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#Drone refuels Navy fighter jet in midair

#Drone refuels Navy fighter jet in midair

“#Drone refuels Navy fighter jet in midair” Talk about premium service at the pump! A new Navy drone successfully refueled a fighter jet in midair on Friday — the first time a manned receiver aircraft has ever gotten gas from unmanned tanker — according to a press release. The MQ-25 Stingray drone attached itself to a…

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#Boeing to pay M to settle 737 jet production issues

#Boeing to pay $17M to settle 737 jet production issues

“#Boeing to pay $17M to settle 737 jet production issues” Federal officials say Boeing will pay at least $17 million and take steps to fix production problems on its 737 jets including the Max. The Federal Aviation Administration said Thursday that the settlement covers the installation of unapproved sensors and other parts on some Boeing…

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