Shares in US airlines endured a volatile day on the markets as businesses awaited the details of a potential government bailout.
Boeing is in talks with the Trump administration, seeking short-term aid that would help the company to weather the continued COVID-19 outbreak.
Boeing is freezing new hiring and preparing to draw down the full $13.8 billion loan it took out last month, according to newspaper reports.
The Boeing 737 MAX aircraft, and not its pilots, were to blame the March 2019 Ethiopian Airline crash, the country’s ministry of transport has ruled in an interim report.
Boeing Chief Executive David Calhoun has told colleagues he regrets criticising his predecessor in a newspaper interview, according to The Wall Street Journal.
Boeing’s new chief executive appeared to blame pilots for the two 737 MAX crashes, in a candid interview with The New York Times.
