Tag: National Transportation Safety Board

Boeing Posts Massive Loss Following Slew of Safety Issues

Minnesota Sun Staff
Boeing Factory

Top jet manufacturer Boeing reported on Wednesday a net loss of $355 million in the first quarter after months of scrutiny over recent safety issues.

Operating revenue declined 8 percent year over year in the first quarter, from approximately $17.9 billion to $16.6 billion, with the company burning more than $3.9 billion in free cash flow in the time frame compared to $786 million a year ago, according to Boeing’s first quarter earnings report. Recent scrutiny of safety with Boeing products began in January after an Alaska Airlines flight had a door plug fly off mid-air, resulting in an emergency landing and an investigation into the company’s quality assurance.

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FBI Launches Criminal Investigation Into Ship That Caused Baltimore Bridge Collapse

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The FBI has begun an investigation into the ship responsible for striking  the Francis Scott Key Bridge in Baltimore in March, The Washington Post reported on Monday. The “Dali,” a near-1000 foot long cargo ship, temporarily lost power and sailed into one of the bridge’s support beams on Mar. 26, causing the entire bridge to collapse into the river and killing six people. The FBI has opened an investigation into the Dali and whether its crew operated it knowing the vessel had operational problems, according to the Post.

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