Boeing 737 MAX
US Judge Dismisses Boeing Criminal Charges in $1.1 Billion Settlement Over Fatal 737 MAX Crashes
Nov 07, 2025 12:20 am CST
A US judge has dismissed criminal charges against Boeing related to two fatal 737 MAX 8 crashes that killed 346 people, following a $1.1 billion settlement agreement with the Department of Justice. The deal resolves the case without requiring Boeing to plead guilty to fraud charges, while the company continues to face criticism from victims' families regarding accountability for the aircraft's safety failures.
Boeing Reports $5.4 Billion Loss Due to 777X Aircraft Certification Delays and Production Challenges
Oct 30, 2025 01:25 am CST
Boeing announces a $5.4 billion third-quarter loss primarily due to costly delays in the 777X aircraft certification process, despite a 30% revenue increase. CEO Kelly Ortberg highlights positive free cash flow while acknowledging ongoing challenges with FAA certifications, pushing 777X commercial deliveries to 2027 amid labor disputes at defense operations.
Akasa Air Co-Founder Neelu Khatri Resigns: Impact on Airline's International Expansion Strategy
Oct 10, 2025 10:31 am CST
Akasa Air's co-founder and Senior Vice President for International Operations, Neelu Khatri, has resigned after five years with the airline. Under her leadership, Akasa launched international flights within 19 months of operations and established a codeshare partnership with Etihad. Despite this high-level departure, the three-year-old carrier, which currently operates 30 Boeing 737 MAX aircraft serving 30 cities, maintains its international expansion plans remain unchanged as it aims to grow its fleet to 226 aircraft by 2032.