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Muilenburg (CEO Boeing) renounces to company bonuses

He will to perceive them only after the return of the B-737 Max aircraft

Boeing CEO Dennis Muilenburg announced today his intention to waive his 2019 business bonuses in view of the industry crisis following the grounding of 737 Max planes.The offer came after harsh criticism from lawmakers in last week's Capitol Hill hearings (see AVIONEWS) related to annual salaries that exceeded $ 20 million, despite two fatalities in Indonesia and Ethiopia (see AVIONEWS).The bonuses...

RC3 - 1225568
Washington, USA, 11/05/2019 15:50
AVIONEWS - World Aeronautical Press Agency

AirlinesAir Canada: lower than expected quarterly profit

The grounding of the B-737 Max planes among the causes

Today, Air Canada recorded a lower profit than expected in the third quarter, damaged by the lower flight capacity following the global grounding of Boeing B-737 Max aircraft due to fatal accidents that... more

Civil aviationMuilenburg (CEO Boeing) will speak today at a Government Congress

He will answer questions about the B-737 Max planes - LIVE from 10 am GMT-4

Boeing CEO Dennis Muilenburg and John Hamilton, Vice President and Chief Engineer of the same industry, will speak today and tomorrow at Capitol Hill, base of the Senate, the House of Representatives and... more

Civil aviationA year ago the B-737 Max plane crashed in Indonesia

The final report by the National Trasportation Safety Committee - ATTACHMENT

Exactly one year ago, on October 29, 2018, a B-737 Max aircraft of the Lion Air crashed in Indonesia, killing 189 people (see AVIONEWS).It was the JT610 flight, PK-LQP registration, which connected Jakarta-Soekarno-Hatta... more

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AirlineseuroAtlantic announces management changes

And a new capital injection

euroAtlantic Airways – Transportes Aéreos SA (EAA), the Portuguese aircraft wet-leasing and charter business, announced yesterday that Stewart Higginson has been appointed CEO and Chair of it and will be... more

AirlinesBoeing makes large purchase of Blended Sustainable Aviation Fuel

9,4 million gallons of SAF to support its 2024 US commercial operations

Boeing is buying 9.4 million gallons (35.6 million liters) of blended sustainable aviation fuel (SAF) to support its 2024 US commercial operations, reducing its carbon emissions and working to help grow... more

AirlinesClass action against Israeli airline rejected

Consumers versus high prices of the national carrier El Al

Allegation that Israeli flag carrier El Al's ticket sales system unfairly applied higher fares was rejected. It is what ruled by Tel Aviv judges, according to which the class action brought against the... more