Airlines are being told by regulators in Canada, Japan and Europe to check most Boeing Co. and Airbus SAS jets for wiring faults in emergency beacons as the probe continues into a July 12 fire on a 787 Dreamliner.
Airlines are being told by regulators in the U.S., Canada, Japan and Europe to check most Boeing Co. and Airbus SAS jets for wiring faults in emergency beacons amid the probe into a July 12 fire on a 787 Dreamliner.
South Korea said it would hold a new tender for 60 fighter jets after rejecting Boeing Co.’s bid for the 8.3 trillion-won ($7.7 billion) contract over concerns the F-15SE wasn’t advanced enough to counter North Korea’s nuclear threat.
Governors of more than a dozen states are rushing to offer incentives such as subsidized training and infrastructure to convince Boeing Co. to move production of its new 777X jetliner out of Washington, where union members rejected a labor contract that froze pensions.
Northrop Grumman Corp ., the third largest U.S. defense contractor, has potentially set a precedent for other defense giants by spinning off its $6.7 billion ship unit as Huntington Ingalls Industries Inc.
As government regulators investigate Boeing Co.’s 787 Dreamliner and company engineers search for solutions, investors and analysts are grappling with the bottom- line question: How much will the plane’s grounding cost?