State Alaska Financial News
12.07 / 20:25
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Delta flight from Detroit to the Netherlands diverted over spoiled food
Delta Flight 604 catches fire after landing at Seattle-Tacoma International Airport on Monday, May 6. (Credit: Port of Seattle/SEA Airport/LOCAL NEWS X/TMX)
12.07 / 16:52
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Judge sides with 16 states, putting on pause Biden's delay of consideration of gas export projects
A Louisiana judge says the Biden administration can't delay consideration of projects aimed at exporting liquefied natural gas while a legal challenge plays out in federal court
01.07 / 02:41
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Boeing offered 737 MAX plea deal, lawyer of crash victims' families says
Boeing a plea deal that will allow it to avoid a trial related to two deadly 737 MAX crashes, a lawyer for the victims' families said Sunday, expressing outrage.
29.06 / 04:03
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Boeing in talks with US Department of Justice to resolve charges over safety lapses
Boeing Co. is in talks with the US Justice Department to resolve potential charges stemming from two fatal crashes of its 737 Max jetliners, according to people familiar with the negotiations. The settlement could be announced as soon as next week and is expected to include imposing a corporate monitor on the world’s second-largest planemaker, according to the people, who asked not to be identified disclosing confidential discussions. DOJ prosecutors want to bring charges against Boeing, but it isn’t clear if the company will agree to plead guilty, the people said. The talks center on the 2021 deferred-prosecution agreement struck between Boeing and the DOJ in the waning days of the Trump Administration, after two crashes that killed 346 people. Some family members of the victims have urged the government to file criminal charges, which could help them bring lawsuits against the company.
29.06 / 02:47
Reuters
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Alaska Air returns 737 MAX 9 involved in mid-air blowout to Boeing
Alaska Airlines said on Friday it has returned to Boeing the 737 MAX 9 plane that in January was involved in a mid-air door panel blowout. «They have taken possession of it and the registration has been changed,» an Alaska Airlines spokesperson said, adding an order for a new 737-10 has also been placed. Boeing has informed its suppliers there will be a delay in a key production milestone for its 737 jet family by three months, sources told Reuters' earlier this month.
28.06 / 12:15
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Law limiting new oil wells in California set to take effect after industry withdraws referendum
A California law that bans drilling new oil wells near places like homes and schools will likely take effect in the coming days
28.06 / 12:15
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A father who lost 2 sons in a Boeing Max crash waits to hear if the US will prosecute the company
Families of the 346 people who died in two crashes of Boeing 737 Max jetliners are waiting to hear if the Justice Department will prosecute the U.S. aerospace company
28.06 / 05:03
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NTSB says Boeing could lose 737 MAX probe status if it violates rules again
Boeing on Thursday it could lose its status as a party to the probe into a 737 MAX mid-air blowout after it violated rules by providing non-public information to media and speculating about possible causes. In a letter sent to Boeing CEO Dave Calhoun late on Thursday, NTSB Office of Aviation Safety Director Timothy LeBaron said an executive's comments this week during a factory tour attended by dozens of journalists «released non-public investigative information and made unsubstantiated speculations about possible causes of the Jan. 5 door plug blowout.» LeBaron said the NTSB had considered removing Boeing as a party to the probe and added further infractions could lead to Boeing losing its party status, which would bar it from participating in the investigation.
27.06 / 12:23
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US sanctions Boeing for sharing information about 737 Max 9 investigation
Boeing is being sanctioned by US investigators for sharing information about a federal investigation of a door plug blowout that left a gaping hole in a Boeing 737 Max 9. The National Transportation Safety Board (NTSB) said Thursday that Boeing «blatantly violated» the agency's investigative regulations as well as a signed agreement by providing non-public investigative information to the media and speculating about possible causes of the January 5 door plug blowout on a Boeing passenger jet in Portland, Oregon. During the incident, a panel that plugged a space left for an extra emergency door blew off an Alaska Airlines Max 9. Pilots were able to land safely, and there were no injuries.
26.06 / 11:17
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These are India's top aerospace firms
manufacturing giant Boeing is facing a huge crisis, having received orders for only four new planes in May. Orders for its once-best-selling 737 Max have almost dried up since an incident in January, in which the side panel of an Alaska Airlines aircraft blew out mid-air. The crisis, however, was not entirely unexpected.
21.06 / 05:41
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Bitcoin Price Prediction as Binance.US Loses Licenses Across States – What’s Next for BTC?
Bitcoin, the world’s leading cryptocurrency, struggled to maintain its recent mild upward trend, peaking at $66,180 but turning bearish around $64,700 and dropping to an intraday low of $64,300.
19.06 / 11:13
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North Dakota Joins List of US States Banning Binance’s Operations
North Dakota’s financial regulatory authority has joined other US states in withdrawing Binance.US’ money transmission license.
18.06 / 22:47
18.06 / 08:29
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Boeing's CEO is scheduled to field questions about plane safety from U.S. senators
Boeing's CEO is getting his day in front of Congress, and lawmakers are expected to have many questions about safety at the troubled aircraft company
18.06 / 06:05
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Boeing CEO David Calhoun scheduled to field questions about plane safety from US senators
Boeing 737 Max jetliners plan to be in the room, watching him. CEO David Calhoun is scheduled to appear before the Senate investigations subcommittee, which is chaired by Sen. Richard Blumenthal, D-Conn., a Boeing critic. The hearing will mark the first appearance before Congress by Calhoun — or any other high-ranking Boeing official — since a panel blew out of a 737 Max during an Alaska Airlines flight in January. No one was seriously injured in the incident, but it raised fresh concerns about the company's best-selling commercial aircraft.
16.06 / 13:33
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IAF's Rafale aircraft participate in Red Flag exercise in Alaska
fighter jets carried out complex missions along with F-16 and F-15 combat aircraft at a multi-nation mega military exercise in Alaska in the US. The key takeaways from participating in the Red Flag exercise for the IAF included insight on interoperability with international partners and a collaborative understanding of missions in a multinational environment, the defence ministry said on Sunday. The IAF contingent participated in the exercise from June 4 to 14. Besides the Indian Air Force (IAF), the exercise witnessed the participation of the Republic of Singapore Air Force (RSAF), the UK's Royal Air Force (RAF), the Royal Netherlands Air Force (RNLAF), the German Luftwaffe, and the US Air Force (USAF).
15.06 / 04:53
FIVE
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Boeing whistleblower tips to FAA soar 11x since door panel blowout
Boeing Co. whistleblower reports in the first five months of this year compared to all of 2023, according to data the agency shared with Bloomberg News. From Jan. 5 through May, 126 tips were reported to the regulator, compared to 11 in all of 2023, the FAA said in a statement Friday.
14.06 / 16:35
13.06 / 23:01
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AAPI individuals lead in asset ownership and income
A recent study by the Employee Benefit Research Institute, published right after Asian American and Pacific Islander Heritage Month in May, sheds fresh insight into the financial position of the AAPI community in the US.
13.06 / 20:35
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The head of the FAA says his agency was too hands-off in its oversight of Boeing
The head of the Federal Aviation Administration has acknowledged his agency should have been more aware of problems at Boeing before a door plug blew off a 737 Max jet during an Alaska Airlines flight in January
13.06 / 01:15
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Airlines ready to trust Boeing again, but want quality and safety in place
emergency exit door, blew out, causing an uncontrolled decompression of the aircraft. The aircraft returned to Portland and several passengers required medical attention after landing.As a result, the National Transportation Safety Board of the US opened an investigation into the Alaska Airlines incident and weeks later, the NTSB was also investigating another incident in February in which a United Airlines pilot in a Boeing 737 Max-8 reported stuck rudder pedals during a landing.“I think Boeing has work to do.
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