FAA Knew Of 737 MAX Trim Problems

FAA Knew Of 737 MAX Trim Problems

A recently discovered document proves that Boeing ignored requirements FAA and international regulators made when they certified Boeing’s 737 MAX airliner. The underlying problem: For commercial reasons Boeing wanted the new 737 MAX version to handle like the old ones....
read more
FAA and Boeing 737 MAX Certification Story

FAA and Boeing 737 MAX Certification Story

The Seattle Times: Managers of the Federal Aviation Administration (FAA) have put pressure on their engineers to delegate broad responsibility for Boeing 737 MAX safety assessment to Boeing itself. Security engineers who are familiar with the documents have po...
read more
‘Jackscrew’ found at crash site confirms Ethiopian Boeing 737 Max was set to dive

‘Jackscrew’ found at crash site confirms Ethiopian Boeing 737 Max was set to dive

A screw-like device found in the wreckage of the Boeing Co. 737 Max 8 has provided investigators with an early clue into what happened: The so-called jackscrew, used to set the trim that raises and lowers the plane’s nose, indicates...
read more
Malaysia, Singapore, Indonesia, China grounded the Boeing 737MAX. The Cannibal Isles and Czech SmartWings continue flying

Malaysia, Singapore, Indonesia, China grounded the Boeing 737MAX. The Cannibal Isles and Czech SmartWings continue flying

In connection with the second tragic accident of the all-new Boeing 737MAX just after the start, more and more airlines and countries are issuing regulations to ground this new Boeing model. Boeing has announced that it will “release a software...
read more
Boeing in pre-market 10% down, hundreds 737s grounded and 777X ceremony canceled

Boeing in pre-market 10% down, hundreds 737s grounded and 777X ceremony canceled

Boeing shares Fall 10% at pre-market as hundreds of 737s grounded, following 2nd deadly crash of new model B-737MAX. Boeing also cancels 777X launch event after Ethiopian Airlines’ MAX 8 crash. Boeing ADRs traded on Germany’s Tradegate exchange slumpe...
read more
Zimbabwe is out of dollar cash and reserves again

Zimbabwe is out of dollar cash and reserves again

Zimbabwe, once called “Jewel of Africa”, is experiencing another monetary experiment. There is one consequence: Zimbabwe and Zimbabwe money/payment agents are running out of dollar cash and dollar reserves. Zimbabwe has so far imported dollar bills...
read more
The South African President has promised to save the Eskom and divide it into 3 entities

The South African President has promised to save the Eskom and divide it into 3 entities

South African power plants Eskom, which produce 95% of electricity in South Africa, are facing $ 30 billion in debt. South African President Cyril Ramaphos announced that Eskom will be divided into three entities. Utility holding Eskom consists of 3...
read more