An internal Boeing memo said that “several people had been violating company policies by not performing a required test, but recording the work as having been completed.”

This stemmed from guarantees Boeing made to regulators in 2015 and 2021 after a pair of enforcement actions related to violations of safety protocols. 

Boeing has warned that it won’t deliver as many Dreamliner jets as anticipated in 2024.

A rejection of the deal would have triggered a lockout starting on May 2 at the Mirabel manufacturing plant near Montreal.

Implementing advanced technologies such as an MES allows businesses to alleviate the immediate challenges associated with staffing shortages, and lay the groundwork for long-term workforce resilience.

Lufthansa estimates weeks of airline worker strikes impacted first quarter earnings by as much as €350 million.

Spirit, which was spun out of Boeing in 2005, is in an increasingly stretched financial position as the U.S. planemaker slows output of its 737 aircraft. 

The planemaker saw revenue fall 8% year-over-year in Q1, in what CEO David Calhoun called a "tough moment" in a letter to employees.

Alaska shares gained 5% in New York after earlier rising as much as 7.1%, the most in more than two years.