July 13, 2024 9:49 pm

The premier news source for Snohomish County

Boeing to acquire Spirit AeroSystems

Boeing Spirit

ARLINGTON, Va.—Boeing announced on Monday, July 1, it has entered into a definitive agreement to acquire Spirit AeroSystems. The merger is an all-stock transaction at an equity value of approximately $4.7 billion, or $37.25 per share. The total transaction value is approximately $8.3 billion, including Spirit’s last reported net debt. Each share of Spirit common […]

Boeing airplanes just as safe as Airbus despite media hype

boeing safety

EVERETT—A Lynnwood Times study of National Transportation Safety Board (NTSB) incident records from 2014 to 2023 concludes that there is no statistically significant safety difference between US-related Boeing and Airbus commercial aircraft. Boeing scrutiny and oversight After Alaska Airlines Flight 1282’s non-fatal incident involving a cabin door blowing off mid-flight on January 5, 2024, due to four […]

Boeing top executive announce retirements, search for new CEO

Boeing CEO

ARLINGTON, Va.— Boeing President and CEO Dave Calhoun along with BCA president and board chair announce resignations on Monday, March 25, after a plethora of safety and quality incidents arising after the near-fatal Alaska Airlines Flight 1282 in-flight mid-cabin door blowout in January. “The eyes of the world are on us, and I know we […]

Missing bolts in door plug installation of Alaska flight 1282 led to blowout, NTSB finds

NTSB alaska

WASHINGTON D.C.—The National Transportation Safety Board (NTSB), on February 6, released its preliminary findings in the Alaska Airlines Flight 1282 incident involving a mid-cabin door blowing off mid-flight on January 5, 2024. In that report it was found that four key bolts were missing from the cabin door, which prevent upward movement to the aircraft’s […]

House passes $1.7 trillion Omnibus bill saving Boeing 737 MAX program

boeing max

WASHINGTON, D.C., December 23, 2022—The House of Representatives passed the $1.7 trillion Fiscal Year 2023 Omnibus Appropriations bill today that in addition to funding federal agencies through September 30, 2023, waives an approaching deadline for the Boeing 737 MAX aircraft to meet new FAA safety requirements. The House passed the bill with a vote of […]

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