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aviation and aerospace companies, including the theft of proprietary airplane engine fan technology, is due to be sentenced on Nov. The government alleges that beginning in December 2013, Xu recruited experts who worked at aviation companies, including GE Aviation in Cincinnati. 16, with prosecutors seeking a 25-year prison term.
In 2013 the 787 fleet was temporarily grounded because of overheating of its lithium-ion batteries, which in some cases sparked fires. Boeing shares fell more than 4% in afternoon trading. 737 Max The Max version of Boeing’s best-selling 737 airplane has been the source of persistent troubles for Boeing after two of the jets crashed.
Boeing named a longtime aerospace industry veteran on Jul. Ortberg led Rockwell Collins from 2013 to 2018, when it merged with United Technologies and wound up as part of RTX, the company formerly known as Raytheon. 8, the company said. He retired from RTX in 2021.
carrier ended when American Airlines emerged from Chapter 11 protection and simultaneously merged with US Airways in December 2013. Some liquidated, while others used favorable laws to renegotiate debts such as aircraft leases and keep flying. The last bankruptcy by a major U.S.
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