By Scott Hamilton July 25, 2024, © Leeham News: The new, second plea agreement between Boeing and the US Department of Justice (DOJ) has been filed with the US federal court in Northern Texas. Boeing agreed to plead… Read More
By Scott Hamilton July 8, 2024, © Leeham News: Boeing agreed to plead guilty to new criminal charges related to the 2021 Deferred Prosecution Agreement that the US Department of Justice says the company failed to live up… Read More
Jan. 7, 2021, © Leeham News: Boeing today agreed to pay $2.5bn to settle criminal charges with the US Department of Justice over the 737 MAX investigation. The settlement comes in the form of a Deferred Prosecution Agreement… Read More
Movement on AA-US merger: Terry Maxon of The Dallas Morning News reports that American Airlines, US Airways and the Department of Justice have picked a mediator to sort out the DOJ’s lawsuit to block the AA-US merger. See… Read More
Southwest Airlines has begun a one year countdown to the day the Wright Amendment will disappear. The Amendment, named after former US House Speaker Jim Wright, restricts Southwest’s ability to fly from in-town Dallas Love Field. Originally Southwest… Read More
American Airlines and US Airways filed their responses to the DOJ lawsuit seeking to block the merger. The Dallas Morning News has this synopsis. The full, 50-page US Airways response is here. There’s one element that particularly caught… Read More
S&P says don’t pay attention to our ratings: On the same day Delta Air Lines was named to the S&P 500, The Los Angeles Times had this article commenting on Standard & Poor’s legal defense of its investment… Read More
FedEx took delivery of its first Boeing 767-300ERF yesterday. Boeing Photo As we reported way back on June 16, our market intelligence tells us FDX is lined up to become the first commercial customers of the 767-2C, the… Read More
Slowing Jet Sales: Within a few days, Bloomberg, Reuters and The Seattle Times each had stories about slowing jet sales. Here is the Bloomberg story, focusing on cargo sales. Here is the Reuters story. Here is The Seattle… Read More