The Federal Aviation Administration is facing its first major aviation disaster in 16 years without a leader because Elon Musk helped push him out. Michael Whitaker stepped down as FAA administrator on January 20th,

Elon Musk pushed Federal Aviation Administration Chief Michael Whitaker from his post just 10 days before the deadly plane and Black Hawk helicopter crash over Washington, DC.

BA stock, with -32% returns since the beginning of 2024, has significantly underperformed the S&P 500 index, up 27%.

Boeing argued that the exemption would enable quicker certification and delivery of the 737 MAX 7 and 737 MAX 10 aircraft.

Boeing CEO Kelly Ortberg said the company was “seeing encouraging signs” as it tries to turn around following a rough 2024.

Despite more than $11 billion lost last year, investors are growing more optimistic about Boeing’s financial health. On Tuesday, the plane maker released fourth-quarter earnings showing nearly $4 billion in losses.

Boeing reported a hefty fourth-quarter loss Tuesday following a bruising 2024, but shares rallied on hopes that early turnaround signs under a new CEO may bear fruit.The US aviation giant reported a fourth-quarter loss of $3.

The FAA initiated the rulemaking process to avert serious injuries to seated occupants on the seats of Boeing 787-8, 787-9, and 787-10 aircraft.

Boeing CEO Kelly Ortberg on Tuesday faces investors antsy for answers on how the company plans to move forward from manufacturing problems after posting its sixth consecutive annual loss.

On today’s briefing we talk about DeepSeek’s impact on travel, AirAsia Move’s new chairman, and Boeing’s sunny take on cloudy earnings.

Duffy also said he would cut DEI programs at the agency and create federal rules for self-driving cars instead of leaving that to a patchwork of state regulations, a key priority of Tesla CEO Elon Musk, who is running Trump’s government efficiency effort.