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      KPMG seeks financial support from parent group in wake of audit scandal

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Boeing

  • Boeing and Airbus supply chain woes cause aircraft deliveries to tumble

    May 31, 2024

    Aircraft deliveries fell in the first quarter as suppliers struggle to meet booming travel demand amid a dearth in workers.

  • Ryanair unveils share buyback as profit soars but O’Leary warns on Boeing slip

    May 20, 2024

    Ryanair profit has risen by over a third to £1.6bn. However, chief executive Michael O'Leary warned issues at Boeing could mean deliveries "slip further."

  • Boeing shareholders approve chief’s $33m compensation as company faces investigations

    May 18, 2024

    Boeing shareholders approved chief executive officer David Calhoun’s $32.8m (£25.8m) compensation on Friday and heard leaders explain what the troubled aircraft maker is doing to improve the quality and safety of its planes.

  • Boeing crisis: New whistleblower claims ‘up to 200 defects’ found with parts headed to planemaker

    May 9, 2024

    A Boeing whistleblower has claimed he often found up to 200 defects on parts being readied for shipping to the planemaker by Spirit AeroSystems.

  • Boeing supplier Spirit Aerosystems sees losses more than double amid 737 quality inspections

    May 7, 2024

    Spirit AeroSystems saw first quarter losses more than double due to a production slowdown at Boeing following January's blowout incident.

  • Another Boeing whistleblower who raised safety concerns with 737 Max dies

    May 2, 2024

    A Boeing whistleblower who raised concerns over safety issues with the 737 Max has died suddenly, it has been confirmed.

  • Senior: Demand fuels growth in aerospace business

    April 26, 2024

    Senior said it expects that its aerospace business will see "good growth" this year due to the increasing number of aircrafts being built.

  • Boeing posts £285m loss as 737 Max production dips amid fallout from Alaska disaster

    April 24, 2024

    Boeing reported a net loss of $355m (£285m) in the first quarter as production of its 737 Max jets decreased.

  • Boeing whistleblower ‘ignored’ after flagging alleged manufacturing shortcuts

    April 18, 2024

    A Boeing whistleblower has claimed that he was repeatedly ignored after raising concerns about alleged manufacturing shortcuts at the airplane maker. 

  • Here’s what it would take for Embraer to break the Boeing-Airbus duopoly

    April 11, 2024

    The crisis engulfing Boeing is showing no signs of abating. City A.M. explores whether the Boeing-Airbus duopoly could ever be broken.

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