Boeing CEO slammed over pay, asked to resign

Boeing ousts the head of commercial planes over 737 MAX crisis

Boeing Co. Chief Executive Officer Dennis Muilenburg apologized to the families that lost loved ones on Boeing 737 Max crashes. He testified today before the U.S. Senate’s Commerce Committee and said the jet maker made mistakes and said they are committed to fixing problems with the Max jetliners.

The head of the US Federal Aviation Administration has admitted that mistakes were made in approving Boeing's 737 Max plane for flight, before two deadly crashes involving the aircraft. Steve Dickson told US lawmakers that the FAA would not approve the plane's return to the skies before the end of year. Also today, we look at the latest moves on the currency markets as UK voters go to the polls.

Boeing says it will temporarily suspend production of its globally grounded 737 MAX jets next month as safety regulators delay the aircraft's return to the skies after two crashes.

Boeing replaced its chief executive in a bid to restore its reputation after two deadly crashes of its 737 MAX. Dennis Muilenburg quit on Monday after the board "decided that a change in leadership was necessary."

The disclosed emails and messages are yet another embarrassment for the US aircraft manufacturer after two deadly crashes. Employees said they could mislead regulators to get the now-grounded 737 MAX certified.

The US aerospace giant said it is "keeping our customers and suppliers informed" about the new software issue. Aviation regulators have grounded the 737 Max across the globe after two deadly crashes.

The plane maker has been trying to get its troubled airliner back in the skies after two crashes. Boeing has had its entire 737 Max fleet grounded since March last year.

The airspace giant Boeing has detected a new software issue while testing the 737 MAX airliner, as the company struggles to lift the ban on the grounded jet. The plane was taken out of service over deadly crashes.

Boeing said Tuesday that it found debris contaminating the fuel tanks of some 737 Max jets that it built in the past year but was unable to deliver to airline customers.

The fourth-generation of Boeing's best-selling plane has been grounded globally since March 2019 after two fatal crashes. A certification flight test is a key step in the plane's return to service.

The Boeing airliner, which has been grounded since March 2019, could see its reintroduction into passenger service as soon as the end of the year. Andreas Spaeth investigates if this is really a realistic scenario.