Boeing argued that the exemption would enable quicker certification and delivery of the 737 MAX 7 and 737 MAX 10 aircraft.
BA stock, with -32% returns since the beginning of 2024, has significantly underperformed the S&P 500 index, up 27%.
Boeing said on Tuesday it was making progress on increasing plane production, and its shares jumped nearly 8%, despite the company recording its biggest annual loss in four years.
Boeing CEO Kelly Ortberg said the company was “seeing encouraging signs” as it tries to turn around following a rough 2024.
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.
In an interview with The Seattle Times after reporting grim financial results early Tuesday, Kelly Ortberg said that six months into the job, he thinks Boeing is "starting to turn the corner."
Elon Musk is working with Boeing on behalf of President Donald Trump in order to speed up replacements for the president’s planes, known as Air Force One, that are over budget and behind schedule.
Boeing posted weaker-than-expected Q4 2024 earnings as labor strikes and defense program charges weighed heavily on its results.
Boeing posted a roughly $4 billion loss for the fourth quarter, according to preliminary results last week. The company has taken charges that span its defense and commercial airplane units. CEO Kelly Ortberg is set to detail the company's next steps after safety and manufacturing crises.
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.