Boeing (BA) has been under intense scrutiny in 2024 due to safety incidents involving its 737 MAX jet lineup. However, at a recent event in Berlin, CEO Dave Calhoun claimed that Boeing is "a different company" since the Alaska Air accident. Yahoo Finance's Brad Smith and Madison Mills break down the details, discussing Boeing's various mishaps and the company's future leadership plans. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
United Airlines officials say they expect to hire nearly 10,000 workers this year as U.S. air travel continues to grow, but the pace of hiring will be slower than in the previous two years partly because of delays in getting new planes from Boeing. The airline will resume hiring pilots in July after it canceled pilot classes for May and June, Kate Gebo, United's executive vice president of human resources, said Tuesday. United discussed its hiring plans on the day that the government reported that U.S. job openings fell in April to the lowest level since 2021.
Boeing stock climbs on reports the Dow Jones giant is discussing an order with Turkish Airlines for 250 jets. China green-lights the 737 Max.