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The Latest Breaking News from Boeing

Experts explain viral photo of Australian plane with tape on wing

Tape was likely covering peeling paint

The Independent UK

With 2 Max models at risk, Congress moves to give Boeing a break

The Federal Aviation Administration sent a high-level letter to Boeing this month warning that the documents the manufacturer has provided for certification of the 737 Max 7 model are wholly inadequate — making it unlikely that Max 7 certification will be completed by a year-end deadline.

Tribune News Service

Boeing behind schedule in gaining approval for new Max jets

Boeing is behind schedule in submitting documentation for new versions of its 737 Max jetliner, and it's asking Congress for more time

The Independent UK

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Stock Market Today: Dow Ends Off 500 Points as Wall Street Closes Out Brutal September

Stocks end sharply lower on Friday, wrapping up a brutal week and a tough month for investors.

The Street

Stocks Bounce, Inflation, Nike, Micron And Boeing In Focus - Five Things To Know

Stock futures bounce to close out brutal September trading; Inflation back in focus as Fed steps-up rate hike rhetoric; Nike shares crushed as inventory bloat set to hammer margins; Micron shares jump as Japan deal offsets muted outlook and Boeing faces tight timeline for 737 MAX certification.

The Street

Boeing has not completed work needed for 737 MAX 7 approval, says FAA

WASHINGTON: The Federal Aviation Administration (FAA) told Boeing it has not completed work needed in order to certify the 737 MAX 7 by December, according to a letter seen by Reuters.

Bangkok Post

Tape on a plane? We look into viral photo that suggests Qantas is winging it with repairs

A photo of a plane purporting to be operated by Qantas went viral this week, after it was suggested duct tape had been used to fix major maintenance issues. So what's really going on?

ABC News

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Airport collisions: How common are they and what are the consequences?

The Korean Air/Icelandair prang is by no means the first at Heathrow

The Independent UK

Looking At Boeing's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bearish stance on Boeing. Looking at options history for Boeing (NYSE:BA) we detected 27 strange trades.

Benzinga

‘This is history’ - The world’s first all-electric passenger plane just took flight

The Alice promises to cut both the emissions and the guilt from flying

Evening Standard

First all-new, electric commuter airplane takes flight

MOSES LAKE, Washington — After months of delay, a sleek all-electric airplane prototype buzzed like a hornet at the end of the runway, then sped off and lifted into the sky above Central Washington on its first flight at 7:10 a.m. Tuesday.

Tribune News Service

American Airlines Is Making Big Changes to Its Cabins

Say goodbye to first class.

The Street

The world’s longest flights, from London-Perth to Auckland-New York

Following the launch of a new route connecting the US with New Zealand, we round up the world’s lengthiest nonstops

The Independent UK

Boeing Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Boeing. Looking at options history for Boeing (NYSE:BA) we detected 25 strange trades.

Benzinga

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Daily Mirror

Plane 'blown off runway' during landing and narrowly escapes plunging into lake

Montpellier Airport announced it was closed “until further notice” following the incident, which happened in the early hours of Saturday

Asharq Al-Awsat

Plane Overshoots Runway, Closes Airport in Southern France

An airport serving France's southern Mediterranean coast is closed indefinitely after a cargo plane overshot its runway on landing and finished nose-down in the water of an adjacent lake before dawn on Saturday. The three people aboard were rescued unharmed from the Aeropostale Boeing 737 that was laden with air…

Radio France Internationale

Blow for Boeing as Airbus lands major plane order from China

China's Xiamen Airlines has ordered 40 new aircraft from Airbus, becoming the latest Chinese carrier to favour the European manufacturer over US rival Boeing.

Benzinga

Top Financial Media Stories Friday, September 23: Apple Resolves iPhone 14 Pro Camera Glitch, Credit Suisse Shares Tumble As It Looks For Capital Infusion, Boeing Penalized $200M For Misleading About 737 MAX Safety And More..

Reuters

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The Guardian - UK

First Thing: Iran’s president says Mahsa Amini death must be investigated

Ebrahim Raisi says he has contacted family of Kurdish woman who died in custody, as outrage spreads across country. Plus, say goodbye to the ‘tiger mom’

The Street

Boeing Stock Lower After Agreeing $200 Million SEC Fine Linked To 737 Max Disclosures

The SEC said Boeing and its former CEO made "materially misleading public statements following crashes of Boeing airplanes in 2018 and 2019".

The Street

Stocks Extend Slide, Costco, DocuSign, Boeing, Apple in Focus - 5 Things To Know

Stock futures extend slide amid global market slump; Costco beats on Q4 earnings but profit margins pressured; DocuSign shares get bump from new CEO appointment; Boeing, ex-CEO Muilenburg, agree $200 million SEC fine and Apple wins Super Bowl halftime show sponsorship race.

Bangkok Post

Boeing fined $200m for misleading investors on 737 MAX safety

NEW YORK: US securities officials fined Boeing $200 million over the aviation giant's misleading assurances about the safety of the 737 MAX airplane following two deadly crashes, regulators announced Thursday.

WEKU

Boeing will pay $200 million to settle SEC charges over 737 Max crashes

The SEC charges Boeing and its former CEO Dennis Muilenburg "with making materially misleading public statements" following 737 Max crashes in 2018 and 2019 that killed 346 people.

Tribune News Service

Boeing to pay $200 million to settle SEC’s probe over 737 Max

Boeing Co. agreed to pay $200 million to settle US Securities and Exchange Commission allegations that the company and its former Chief Executive Officer Dennis Muilenburg failed to properly disclose safety issues with its 737 Max jetliner.

Tribune News Service

Boeing will outsource more corporate jobs to India

Boeing told nonunion corporate staff in an all-hands virtual meeting this month that it will begin outsourcing finance and accounting jobs to Tata Consultancy Services of India.

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