Trends - 737 MAX - Business Recorder

737 MAX

Boeing restarts 737 MAX production a month after strike ended, sources say

Boeing restarted production of its best-selling 737 MAX jetliner last week, about a month after the end of a...

Published 10 Dec, 2024 09:59am

Business & Finance

Boeing to plead guilty to fraud in US probe of fatal 737 MAX crashes

NEW YORK/WASHINGTON: Boeing has agreed to plead guilty to a criminal fraud conspiracy charge to resolve a US Justice...

Published 08 Jul, 2024 10:15am

World

China's first homegrown airliner makes international debut in Singapore

SINGAPORE: China’s challenger to Airbus and Boeing’s passenger jets, the narrow-body C919 manufactured by the...

Updated 18 Feb, 2024 06:09pm

Business & Finance

Boeing will increase 737 MAX production rates ‘very soon’

NEW YORK: Boeing Co will increase 737 MAX production rates above the current rate of 31 jet per month “very...

Published 03 Apr, 2023 06:36am

Business & Finance

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

NEW YORK: US securities officials fined Boeing $200 million over the aviation giant’s misleading assurances about...

Published 26 Sep, 2022 08:18am

Business & Finance

FAA administrator who oversaw Boeing 737 MAX return resigning

WASHINGTON/SEATTLE: The head of the Federal Aviation Administration who oversaw the return of the Boeing 737 MAX...

Published 17 Feb, 2022 12:30pm

Business & Finance

Ethiopian Airlines to resume 737 MAX flights after 2019 crash

ADDIS ABABA: Ethiopian Airlines is set Tuesday to operate the Boeing 737 MAX for the first time since a crash nearly...

Published 01 Feb, 2022 10:41am

Business & Finance

Boeing reports another loss due to 787 woes

NEW YORK: Boeing reported a hefty fourth-quarter loss Wednesday as mounting costs connected to the widebody 787's...

Published 27 Jan, 2022 11:14am

Business & Finance

Boeing 737 MAX negligence case ends with $225mn settlement: WSJ

NEW YORK: US Boeing shareholders have reached a $225 million out-of-court settlement with the aircraft ...

Published 05 Nov, 2021 12:12pm

Business & Finance

Boeing reports Q3 loss as 787, Starliner woes drag down results

NEW YORK: Troubles with the 787 jet and a delayed NASA test launch were a drag on Boeing in the third quarter,...

Published 28 Oct, 2021 05:04pm

Business & Finance

US grand jury indicts former pilot of Boeing 737 MAX

NEW YORK: A US federal grand jury on Thursday charged a former Boeing chief test pilot with misleading aviation...

Published 15 Oct, 2021 10:03am

Business & Finance

Boeing 737 MAX test flight for China's regulator a success

ZHUHAI: Boeing Co's 737 MAX test flight for China's aviation regulator last month was successful and the planemaker...

Published 29 Sep, 2021 11:23am

Business & Finance

India's SpiceJet settles with Boeing MAX aircraft lessor Avolon

The airline said it expects to start operations of MAX aircraft around the end of September, subject to regulatory approvals

Published 26 Aug, 2021 12:36pm

Business & Finance

Boeing set to face investor scrutiny as problems plague jets

NEW YORK: The aviation industry appears to finally be past the worst of the coronavirus downturn, but Boeing's to-do...

Published 26 Jul, 2021 05:21am

Business & Finance

The $15 billion jet dilemma facing Boeing's CEO

Airbus' single-aisle A321neo has snapped up billions of dollars of orders in a recently booming segment of the market, as the largest MAX variants struggled to block it.
"I'm confident that over a longer period of time, we'll get back to where we need to get to and I'm confident in the product line," Calhoun said in April as Boeing won new MAX orders.

Published 02 Jun, 2021 11:49pm

Business & Finance

Boeing reports another loss, says 2021 'inflection point'

Shares of Boeing fell 2.6 percent to $236.06 in midmorning trading.

Published 28 Apr, 2021 07:33pm

Business & Finance

Boeing reveals ‘potential’ 737 MAX issue

PARIS: US aircraft manufacturer Boeing said Friday it had recommended that 16 clients flying its 737 MAX models...

Published 10 Apr, 2021 04:34am

Business & Finance

Boeing nears 737 MAX order from Southwest worth billions

The MAX 7 is the smallest of the four-member MAX family, with space for 153 seats in a two-class configuration and a range of 3,850 nautical miles.

Published 11 Mar, 2021 10:41am

Business & Finance

Spirit posts quarterly loss on pandemic, 737 MAX pain

"2020 was one of the most challenging years in aviation history. For Spirit, the 737 MAX grounding and the COVID-19 pandemic created a dual-crisis," Spirit Chief Executive Officer Tom Gentile said.
Spirit's total deliveries of shipsets, or complete sets of parts, fell 48.9% to 231 units in the fourth quarter. Boeing 737 MAX deliveries fell to 19 shipsets from 153 a year ago.

Published 23 Feb, 2021 08:02pm

Business & Finance

US aviation body orders extra inspections of some Boeing 777s

Investigators said a main cause of both crashes was a faulty flight handling system known as the Maneuvering Characteristics Augmentation System, or MCAS.

Published 22 Feb, 2021 10:51am

Business & Finance

Cautious Airbus forecast disappoints after 2020 loss

Airbus sees flat deliveries in 2021 despite output increase.
Reintroduces delivery and operating profit targets.
Signals that spun-off aerostructures units will stay in-house.

Published 18 Feb, 2021 09:01pm

Markets

Wednesday’s early trade: S&P, Dow slide after Boeing results

NEW YORK: The S&P 500 and the Dow fell sharply on Wednesday after planemaker Boeing reported a record annual...

Published 28 Jan, 2021 04:40am

World

FAA to reform new airplane safety approvals after 737 MAX crashes

"We're not going to pay people at the FAA to move planes faster," Cantwell said. "This is about getting safety right."

Published 29 Dec, 2020 09:51am

Business & Finance

FAA chief '100pc confident' of 737 MAX safety as flights to resume

Dickson on Wednesday signed an order to allow the best-selling plane to resume flights after it was grounded worldwide.
We've done everything humanly possible to make sure" these types of crashes do not happen again.

Published 18 Nov, 2020 05:54pm

Business & Finance

FAA chief set to conduct 737 MAX evaluation flight next week

The Boeing 737 MAX has been grounded since March 2019 after two fatal crashes killed 346 people.
Given required time for public comments, it appears MAX could get final FAA approval to return to service sometime in November.

Published 26 Sep, 2020 02:40am

Business & Finance

Europe regulator sees November lifting of Boeing 737 MAX flight ban

For the first time in a year and a half I can say there's an end in sight to work on the MAX.
We are looking at November," he said when asked when the technical ban would be lifted. China is expected to take longer to give its own approval.

Published 26 Sep, 2020 12:03am

World

U.S. House report blasts failures of Boeing, FAA in 737 MAX certification

The report criticised Boeing for withholding crucial information from customers, pilots and authorities.

Published 16 Sep, 2020 02:39pm

Business & Finance

Boeing records first 737 MAX order in 2020, cancellations rise

Boeing delivered 13 aircraft in August, down from 18 planes a year earlier and up from four in July.
The planemaker's first MAX order this year was from Poland's Enter Air, for two 737-8 aircraft with an option for two more jets.

Published 08 Sep, 2020 08:59pm

Business & Finance

FAA chief acknowledges agency, Boeing made mistakes on 737 MAX

Boeing's 737 MAX has been grounded since March 2019 following crashes in Indonesia and Ethiopia that killed 346 people.
"So unknown somebodies made unspecified mistakes for which there were no repercussions." Cruz said. "What mistakes were made and wh

Published 17 Jun, 2020 11:43pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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737 MAX

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