Musk has publicly clashed with the FAA and its former chief, Michael Whitaker. The Federal Aviation Administration is facing its first major aviation disaster in 16 years without a leader because Elon Musk helped push him out.

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.

President Donald Trump's nominee to head the U.S. Transportation Department said he will keep in place a cap on production of Boeing 737 MAX planes put in place after a mid-air panel blowout last year until he is satisfied it can be safely raised.

The FAA initiated the rulemaking process to avert serious injuries to seated occupants on the seats of Boeing 787-8, 787-9, and 787-10 aircraft.

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.

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.

Boeing reported a hefty fourth-quarter loss Tuesday following a bruising 2024, but shares rallied on hopes that early turnaround signs under a new CEO may bear fruit.The US aviation giant reported a fourth-quarter loss of $3.

The leader of the Federal Aviation Administration stepped down from his position mere months after billionaire Elon Musk demanded that he do so, meaning that the FAA is missing a chief in the aftermath of the worst aviation disaster in the US in years.