737 MAX crisis hangs over Boeing's Q2 results, photo: AFP The top-selling plane has been grounded worldwide since Mar 13 following a second devastating crash. The Ethiopian Airlines catastrophe that killed 157 passengers and crew, came on the heels of a Lion Air crash last fall killing 189 people. How does the MAX crisis affect the bottom line? Boeing's second-quarter results are likely to be ugly after the aerospace giant last week announced it would set aside US$5.6 billion (US$4.9 billion after taxes) to compensate airlines for cancelled flights and the delay in plane deliveries. That move could result in a net loss of more than US$3 billion for the second quarter, judging from analyst estimates on S&P Capital IQ. Boeing's revenues are projected to be US$19.2 billion, a drop of more than 25 per cent compared with the same period of last year, hit by the halt to deliveries of the MAX. What is the total cost of MAX crisis? Costs from the MAX crisis so far amount to about US$8 … [Read more...] about 737 MAX crisis hangs over Boeing”s Q2 results
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The global fleet of Boeing 737 MAX planes has been grounded after two deadly crashes, including this group of Southwest Airlines planes photographed in California in March AFP/Mark RALSTON The US Federal Aviation Administration convened a summit of global aviation regulators on Thursday (May 23) to walk through the steps taken to address concerns with the MAX following criticism the agency dragged its feet on the decision to ground the jets. Most agencies around the world have said little or nothing about the situation since the 737 MAX was grounded following the Mar 10 Ethiopian Airlines crash, which together with a Lion Air crash in October, claimed 346 lives. So the gathering in Fort Worth, Texas is expected to provide clues as to whether the aviation safety authorities will be willing to set aside any skepticism about the FAA, which has not yet given the green light for the 737 MAX to fly again. Regulators "are going to want a lot of explanation", said Richard Aboulafia of the … [Read more...] about Will FAA”s plan for 737 MAX fly outside US?
Boeing Co said an alert for angle-of-attack (AOA) sensors on its 737 MAX jets was "not activated as intended" for some customers, responding to reports it failed to tell Southwest Airlines Co and the U.S regulator that the optional feature was deactivated before a crash in Indonesia in October. Erroneous AOA sensor readings that led to aggressive nose-down inputs by a computer have been linked to deadly 737 MAX crashes in Indonesia and Ethiopia, according to preliminary reports from investigators. Boeing offered customers two optional paid features relating to AOA. The first was an AOA DISAGREE alert when the two sensors disagreed and the second was an indicator giving pilots a gauge of the actual angle. Southwest, the largest 737 MAX customer, in November told Reuters the alert was installed and it planned to add the indicator as well following the Lion Air crash in Indonesia. The Wall Street Journal on Sunday reported that unbeknown to Southwest and the U.S. Federal Aviation … [Read more...] about Boeing says optional 737 MAX alert was ‘not activated as intended’
The Federal Aviation Administration (FAA) building is seen at 600 Independence Avenue in Washington, DC. (Eric BARADAT/AFP) The forum, scheduled for May 23 in Washington, aims to outline for civilian aviation regulators the US agency's process for returning the 737 MAX to service, an FAA spokesman said Thursday. The aircraft was grounded worldwide in mid-March following crashes by Ethiopian Airlines and Lion Air that together claimed 346 lives. Those invited include the heads of aviation authorities in China, Canada, Brazil, Ethiopia, Indonesia and European countries. The gathering comes as the FAA faces scrutiny of its oversight and questions about international civil aviation authorities' customary deference to manufacturers' domestic regulators - in this case the FAA. "It's unusual for the FAA, or any major agency, to need to work hard to get other international regulatory agencies to go along with their decisions," said Richard Aboulafia, a vice president at Teal Group, a … [Read more...] about US invites world”s aviation regulators to meeting on Boeing”s 737 MAX
Sign language interpreters swung their hips and gestured at deaf audience members to the rhythm of a rollicking performance by drag queens singing and dancing on stage behind them. Nothing surprising for a Broadway show, except this is China. The Tony award-winning musical "Kinky Boots" has broken new ground in the socially conservative nation. The show has filled theatres in Beijing, Shanghai and Guangzhou, lighting up audiences in a country where LGBT-themed entertainment is often censored and rarely gets major -- if any -- billing. It also has reached a broader audience than usual in China: "Kinky Boots" was the first musical to offer sign language interpreters for the hearing-impaired in the country. "It's very inspiring because for many years for me as a deaf person, subtitles were the only thing available in a theatre. But now I've got access to the whole show," Junhui Yang told AFP at a recent performance in Beijing. Interpreters memorised the entire show and never looked back … [Read more...] about ‘Kinky Boots’ encourages Chinese drag queens to ‘be themselves’