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Boeing takes $4.9 billion charge for prolonged grounding of 737 MAX planes

2 days ago DieselGasoil Comments Off on Boeing takes $4.9 billion charge for prolonged grounding of 737 MAX planes
SEATTLE (Reuters) – Boeing Co (BA.N) said on Thursday it would take an after-tax charge of $4.9 billion in the second quarter on estimated disruptions from the prolonged grounding of its lucrative 737 MAX passenger planes after two deadly crashes. FILE PHOTO: The company logo for Boeing is displayed on a screen on the floor Read More

Boeing takes $4.9 billion charge related to 737 MAX

2 days ago DieselGasoil Comments Off on Boeing takes $4.9 billion charge related to 737 MAX
FILE PHOTO: The company logo for Boeing is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 11, 2019. REUTERS/Brendan McDermid SEATTLE (Reuters) – Boeing said on Thursday it would take an after-tax charge of $4.9 billion in the second quarter related to estimated disruptions Read More

Emirates flight to Dubai TRASHED by turbulence, passengers injured

5 days ago DieselGasoil Comments Off on Emirates flight to Dubai TRASHED by turbulence, passengers injured
Passengers aboard an Emirates flight from Auckland, New Zealand, to Dubai were left injured and the aircraft littered with debris, after the Airbus A380 was shook by severe turbulence three hours before landing. The double-decker jetliner had nearly completed its 17-hour flight from Auckland to Dubai in the early hours of last Thursday morning when Read More

Boeing 737 program manager to retire amid crisis over jet’s grounding: memo

1 week ago DieselGasoil Comments Off on Boeing 737 program manager to retire amid crisis over jet’s grounding: memo
FILE PHOTO: Eric Lindblad, Vice President and General Manager of the Boeing 777X, speaks at Boeing’s production facility in Everett, Washington, U.S. June 1, 2017. REUTERS/Jason Redmond SEATTLE (Reuters) – Boeing’s 737 jet program manager, Eric Lindblad, will retire in a matter of weeks after roughly 12 months on the job, according to a company Read More

Pakistani politician mistakes GTA 5 video game for real-life footage

2 weeks ago DieselGasoil Comments Off on Pakistani politician mistakes GTA 5 video game for real-life footage
A Pakistani politician had shared an animated clip from Grand Theft Auto 5, a video game, suggesting it was real footage. The internet got its laughs in before the lawmaker could delete his tweet. Khurram Nawaz Gandapur, Secretary General of Pakistan’s Awami Tehreek Party, took to Twitter with what he thought was amazing footage of Read More

U.S. trade, services industry data underscore slowing economy

2 weeks ago DieselGasoil Comments Off on U.S. trade, services industry data underscore slowing economy
WASHINGTON (Reuters) – The U.S. trade deficit jumped in May and trade tensions between the United States and China helped drive activity in the services sector to a two-year low in June, further signs that economic growth slowed sharply in the second quarter. FILE PHOTO: Ships and shipping containers are pictured at the port of Read More

U.S. trade, services industry data point to slowing economy

2 weeks ago DieselGasoil Comments Off on U.S. trade, services industry data point to slowing economy
WASHINGTON (Reuters) – The U.S. trade deficit jumped to a five-month high in May as imports of goods increased, likely as businesses restocked ahead of an increase in tariffs on Chinese merchandise, overshadowing a broad rise in exports. FILE PHOTO: Ships and shipping containers are pictured at the port of Long Beach in Long Beach, Read More

U.S. trade deficit at five-month high; labor market slowing

2 weeks ago DieselGasoil Comments Off on U.S. trade deficit at five-month high; labor market slowing
WASHINGTON (Reuters) – The U.S. trade deficit jumped to a five-month high in May as imports of goods increased, likely as businesses restocked ahead of an increase in tariffs on Chinese merchandise, overshadowing a broad rise in exports. FILE PHOTO: Ships and shipping containers are pictured at the port of Long Beach in Long Beach, Read More

Southwest expects Boeing 737 MAX cancellations beyond Oct. 1: CEO

3 weeks ago DieselGasoil Comments Off on Southwest expects Boeing 737 MAX cancellations beyond Oct. 1: CEO
FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson/File Photo CHICAGO (Reuters) – Southwest Airlines (LUV.N) expects it will have to remove the grounded Boeing Co (BA.N) 737 MAX jets from its flying schedule beyond the current Read More