Wall Street is expecting bigger write downs for Boeing in the wake of the 737 Max crisis. CNBC.com's aviation reporter Leslie Josephs joins "Squawk Box" to explain her reporting on why Bank of America is now estimating the total cost to be as high as $20 billion.
A year ago, Boeing posted record revenues topping $100 billion with hopes of delivering a chart-topping number of airplanes in 2019, including hundreds of 737 Max jetliners.The news isn't going to be so rosy on its fourth-quarter earnings call this year. Those bestselling planes were grounded worldwide in...
An employee works near a Boeing 737 Max aircraft at Boeing's 737 Max production facility in Renton, Washington.Lindsey Wasson | ReutersThe Federal Aviation Administration followed existing rules when it approved the Boeing 737 Max in 2017 but improvements are needed, a panel assembled by the Department of Transportation...
Southwest Airlines says it will remove the Boeing 737 Max jetliner from the schedule through June. CNBC's "Squawk Box" crew discuss.
A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, CaliforniaReuters/Mike BlakeSouthwest Airlines on Thursday said it doesn't expect the Boeing 737 Max to be included in its flight schedule until early June, following similar moves by American and...
From the veranda of the Ayana Komodo Resort, a long wooden pier snakes into the rugged sea off Waecicu Beach. At sunset, the sky explodes with fiery showers of color. It's a perfect picture for the Instagram Age, with dozens of delicious, chocolate-chip shaped islands sprinkled across the...
A Delta Air Lines Boeing 777James D. Morgan | Getty ImagesThe pilots of a Delta Air Lines flight did not notify authorities before dumping fuel on a populated part of Los Angeles, including several elementary schools, when it made an emergency landing at the city's airport, the Federal Aviation...
Mexico's Ministry of Tourism announced in 2001 it was developing a program to highlight the most beautiful and culturally-rich towns in the country.With more to offer than just beach resorts, ports of call and salt-rimmed margaritas, Mexico focused on the small towns and villages that best represent regional...
American Airlines on Tuesday said it is pulling the Boeing 737 Max from its schedules until early June as the date of the troubled plane's return to service becomes more uncertain and the manufacturer calls for time-consuming simulator training for pilots before they can fly the plane again.American...
Boeing is expected to cap a rocky 2019 with weak December delivery numbers. The data will be released on David Calhoun's second day as CEO. Consumer protection advocate Ralph Nader, who lost a niece in one of the 737 Max crashes, joins "Squawk Box" to discuss.