Topic

737 MAX

Boeing jet returns to US from China, a victim of Trump’s tariff war

Published 20 Apr, 2025 10:15am

SEATTLE: A Boeing jet intended for use by a Chinese airline landed back at the planemaker’s US production hub on...

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

Published 10 Dec, 2024 09:59am

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

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

Published 08 Jul, 2024 10:15am

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

China's first homegrown airliner makes international debut in Singapore

Updated 18 Feb, 2024 06:09pm

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

Boeing will increase 737 MAX production rates ‘very soon’

Published 03 Apr, 2023 06:36am

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

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

Published 26 Sep, 2022 08:18am

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

FAA administrator who oversaw Boeing 737 MAX return resigning

Published 17 Feb, 2022 12:30pm

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

Ethiopian Airlines to resume 737 MAX flights after 2019 crash

Published 01 Feb, 2022 10:41am

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

Boeing reports another loss due to 787 woes

Published 27 Jan, 2022 11:14am

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

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

Published 05 Nov, 2021 12:12pm

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

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

Published 28 Oct, 2021 05:04pm

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

US grand jury indicts former pilot of Boeing 737 MAX

Published 15 Oct, 2021 10:03am

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

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

Published 29 Sep, 2021 11:23am

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

India's SpiceJet settles with Boeing MAX aircraft lessor Avolon

Published 26 Aug, 2021 12:36pm

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

Boeing set to face investor scrutiny as problems plague jets

Published 26 Jul, 2021 05:21am

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

The $15 billion jet dilemma facing Boeing's CEO

Published 02 Jun, 2021 11:49pm

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.

Boeing reports another loss, says 2021 'inflection point'

Published 28 Apr, 2021 07:33pm

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

Boeing reveals ‘potential’ 737 MAX issue

Published 10 Apr, 2021 04:34am

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

Boeing nears 737 MAX order from Southwest worth billions

Published 11 Mar, 2021 10:41am

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.

Spirit posts quarterly loss on pandemic, 737 MAX pain

Published 23 Feb, 2021 08:02pm

"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.

US aviation body orders extra inspections of some Boeing 777s

Published 22 Feb, 2021 10:51am

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

Cautious Airbus forecast disappoints after 2020 loss

Published 18 Feb, 2021 09:01pm

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.

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

Published 28 Jan, 2021 04:40am

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

FAA to reform new airplane safety approvals after 737 MAX crashes

Published 29 Dec, 2020 09:51am

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

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

Published 18 Nov, 2020 05:54pm

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.

FAA chief set to conduct 737 MAX evaluation flight next week

Published 26 Sep, 2020 02:40am

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.

Europe regulator sees November lifting of Boeing 737 MAX flight ban

Published 26 Sep, 2020 12:03am

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.

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

Published 16 Sep, 2020 02:39pm

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

Boeing records first 737 MAX order in 2020, cancellations rise

Published 08 Sep, 2020 08:59pm

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.

FAA chief acknowledges agency, Boeing made mistakes on 737 MAX

Published 17 Jun, 2020 11:43pm

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

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Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

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Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

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