Trends - Boeing 737 MAX - Business Recorder

Boeing 737 MAX

Boeing CEO recognises ‘gravity’ of safety crisis but sees ‘progress’

WASHINGTON: Boeing’s CEO acknowledged to a US congressional panel Tuesday that the company’s culture was imperfect,...

Updated 20 Jun, 2024 09:32am

World

FAA audit finds dozens of issues in Boeing 737 MAX production, NYT reports

The Federal Aviation Administration’s (FAA) audit of Boeing’s 737 MAX production process after a panel blew off on...

Published 12 Mar, 2024 10:14am

World

US FAA tightens aircraft certification oversight after Boeing MAX crashes

WASHINGTON: The Federal Aviation Administration said on Tuesday it had adopted a new aircraft certification policy...

Published 29 Nov, 2023 10:21am

World

Boeing 737 MAX relatives may pursue pre-impact victim compensation claims

A US district judge late on Tuesday ruled that relatives of those killed in a 2019 Boeing 737 MAX Ethiopian Airlines...

Published 31 May, 2023 09:55am

World

China's first homegrown passenger jet makes maiden commercial flight

BEIJING: China’s first domestically produced passenger jet made its maiden commercial flight on Sunday, a milestone...

Updated 28 May, 2023 11:34am

Business & Finance

Ryanair says price still key to new Boeing jet deal

BRUSSELS: The head of budget giant Ryanair drew a line under a rare public spat with Boeing on Wednesday by...

Published 31 Mar, 2023 06:45am

Business & Finance

Tata’s Air India to seal half of jumbo plane order

NEW DELHI: Air India will on Friday seal half of an order for some 495 jets with Boeing and engine suppliers General...

Published 27 Jan, 2023 11:39am

World

Boeing reports huge loss on defence contract woes

NEW YORK: Aerospace giant Boeing reported a surprise $3.3 billion third-quarter loss Wednesday as it struggled with...

Published 27 Oct, 2022 05:54am

Business & Finance

Boeing deliveries reach highest monthly level since March 2019

Boeing Co delivered 51 airplanes in June to bring its first-half tally to 216 jets, up 38% from the same period last...

Published 13 Jul, 2022 05:48am

Business & Finance

British Airways owner orders 50 Boeing 737 MAX jets

LONDON: British Airways owner IAG said Thursday it has ordered 50 Boeing 737 MAX aircraft worth $6.25 billion at...

Published 19 May, 2022 03:17pm

Business & Finance

Indonesia to allow Boeing's 737 MAX to fly again after fatal crash

JAKARTA: Indonesia will lift a ban on the Boeing 737 MAX, the Southeast Asian country's transportation ministry said...

Published 28 Dec, 2021 02:06pm

World

Pilot shortage: Aviation heavyweights flock to US grassroots air jamboree

OSHKOSH, Wis: The wings of a Boeing 737 MAX airliner swept over green fields populated by colorful small planes,...

Published 02 Aug, 2021 06:02am

World

US opens $500mn fund for relatives of Boeing 737 MAX victims

The fund is part of a settlement with the Justice Department. Boeing Co in January agreed to pay $500 million to compensate the heirs, relatives and beneficiaries of the passengers who died in Lion Air Flight 610 and Ethiopian Airlines Flight 302 in 2018 and 2019.

Published 22 Jun, 2021 06:36pm

World

US fines Boeing $17m over production issues

NEW YORK: Boeing agreed to pay a $17 million fine and enhance its supply chain and production practices after...

Published 28 May, 2021 04:08am

Business & Finance

Budget carrier flydubai posts big 2020 loss

DUBAI: Budget carrier flydubai reported Sunday heavy losses for 2020, calling it ‘’one of the toughest years in...

Published 03 May, 2021 04:39am

Business & Finance

Potential Boeing 737 MAX issue affects more of plane

NEW YORK: The potential electrical problem that prompted airlines to remove some 737 MAX planes from service has ...

Updated 18 Apr, 2021 10:30am

World

Boeing seals large 737 MAX order as airlines eye recovery

NEW YORK: US carrier Southwest Airlines agreed to buy 100 additional Boeing 737 MAX planes, the companies announced...

Published 30 Mar, 2021 05:45am

World

Boeing 737 MAX back in European skies

PARIS: The Boeing 737 MAX made its first commercial flight in Europe on Wednesday since being grounded for 22 months...

Published 18 Feb, 2021 04:08am

World

UK regulator clears Boeing 737 MAX for flights

LONDON: The UK Civil Aviation Authority on Wednesday granted the Boeing 737 MAX a return to service, almost two ...

Published 28 Jan, 2021 04:40am

Business & Finance

Boeing 737 MAX to fly again in Europe, angering some crash relatives

The United States lifted its own ban in November, followed by Brazil and Canada. China, which was first to ban the plane after the second crash in March 2019 and which represents a quarter of MAX sales.
"We believe those four conditions are now met," Ky said.

Published 25 Jan, 2021 09:21pm

World

Canada clears Boeing 737 MAX to fly again

OTTAWA: Canada’s transport ministry said Monday it has approved the Boeing 737 MAX to fly again in this country...

Updated 19 Jan, 2021 04:43am

World

Canada to lift Boeing 737 MAX flight ban on January 20

Canada said in December it expected to rescind its flight ban on the Boeing 737 MAX in January after approving design changes to the aircraft, which was grounded in March 2019.

Published 19 Jan, 2021 12:27am

Business & Finance

US imposes new tariffs on French, German products in Airbus-Boeing spat

As a result the US "is forced to change its reference period to the same period used by the European Union," it continued.

Published 31 Dec, 2020 09:44am

Business & Finance

Boeing 737 MAX returns to sky with Brazil commercial flight

Low-cost airline Gol's Flight 4104 from Sao Paulo to the southern city of Porto Alegre took off using the revamped jet in a first that Boeing hopes will turn the page on a badly damaging crisis in the wake of the twin crashes.

Published 09 Dec, 2020 05:59pm

Business & Finance

Boeing's upgraded 737 MAX completes first flight with media onboard

Media flight first for outsiders since grounding.
American Airlines says confident in jet's safety.
Families of crash victims unhappy about return to service.
Ryanair expected to place order for new jets.

Published 03 Dec, 2020 12:27am

Business & Finance

FAA issues new first air certificate for Boeing 737 MAX since 2019

The FAA on Nov. 18 lifted a 20-month-old grounding order on the MAX after two fatal crashes in five months killed 346 people.
We expect to have sufficient number of inspectors on hand to meet Boeing's planned delivery schedule for the foreseeable future.

Published 02 Dec, 2020 12:19am

Business & Finance

European regulator sees January return for Boeing 737 MAX

US Federal Aviation Administration lifted a 20-month-old grounding order imposed after two fatal crashes.
We wanted to carry out a totally independent analysis of the safety of this aircraft, so we performed our own checks and flight tests.

Published 22 Nov, 2020 12:56am

World

'Too soon' to let Boeing 737 MAX fly again, say families of Lion Air crash victims

The US authorities shouldn't have lifted the grounding order this quickly.
"It wasn't just the Lion Air flight, but also the victims in Ethiopia... The victims' families haven't 100% recovered yet."

Published 19 Nov, 2020 05:17pm

Business & Finance

US approval for 737 MAX return nears as challenges remain for Boeing

The FAA decision comes as other global regulators also move closer to decisions on allowing the plane to resume flights.
"I am very proud of that airplane," Calhoun said. "It is a remarkable machine and as safe as anything in the air."

Updated 16 Nov, 2020 07:35pm

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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