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Niraj Chokshi
Posts
Boeing Directors Reach Settlement in Shareholder Suit Over 737 Max Crashes
The $237.5 million accord is subject to court approval. The plaintiffs said board members had neglected their oversight duties.
Elon Musk Says Tesla Has Not Signed Deal With Hertz Yet
Hertz had said that it would convert more than 20 percent of its rental fleet to Tesla’s cars, a deal that helped propel Tesla’s stock...
American Airlines Cancels Hundreds of Flights This Weekend
The carrier blamed bad weather and staffing shortages. It was the second airline this month to face significant disruptions.
Dreamliner delays drag down Boeing’s quarterly earnings.
The aircraft maker reported $15.3 billion in revenue in the third quarter, up about 8 percent from the same period last year and just below...
Hertz Places Order for 100,000 Tesla Vehicles
The order, which is expected to be delivered by the end of next year, is a sign of the growing momentum in the shift toward...
American and Southwest Post Profits as the Airline Industry Recovers
Both airlines said they expected to do even better in the final three months of the year, lifted by corporate, international and holiday travel.
United Airlines earned $473 million in the third quarter as travel demand stayed strong.
With government officials around the world slowly easing travel restrictions, and companies starting to send employees on more business trips, United’s executives expressed optimism about...
Mark Forkner, Former Boeing Pilot, Indicted in Connection With 737 Max Jet
The plane model was involved in two crashes that killed 346 people.
Southwest Airlines tries to return to normal but some flight cancellations persist.
The airline and its pilots union denied that the cancellations were related to the company’s decision to require employees to be vaccinated against the coronavirus.
Southwest Airlines’ Widespread Cancellations Disrupt Weekend Travel
More than a thousand flights were canceled on Sunday and 800 on Saturday. The airline blamed air traffic control and “disruptive weather,” but no other...