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Shifting Gears: Don’t call it a comeback (yet)

The biggest stories in transportation this week include a puzzling mistake from Delta Air Lines and the debut of Boeing's new CEO.

‘Will you say, “Thank you, Mr. President” at least? Huh?’ — Trump said some crazy stuff to corporate bosses after signin...

"It's not your fault. You just got there," the president told Boeing boss David Calhoun, who started this week.
Search and rescue works are conducted in Iran after a Ukraine International Airlines Boeing 737 crashed after takeoff on Wednesday.

Everything we know so far about the Ukraine International Airlines Boeing 737 crash in Iran

New video verified by The New York Times showed that two missiles struck the plane, setting it on fire before it crashed and killed everyone aboard.

Boeing had its worst year in 3 decades and lost the title of world’s biggest plane-maker

With the Boeing 737 Max grounded since March, 2019, the company also faced a steep decline in deliveries to customers.
Shoes of passengers of Lion Air flight JT 610 were laid out at Tanjung Priok port in Jakarta.

A Boeing employee called Lion Air, the airline in the first 737 Max crash, ‘idiots’ for asking to have its pilots trained in flying the pl...

The messages were part of documents released by Boeing that showed employees talking about concerns with the 737 Max but still pushing its production.
Employees walk by the end of a 737 Max aircraft at the Boeing factory in Renton, Washington, in March 2019.

Another Boeing supplier is laying off workers over the 737 Max production halt, days after ousted CEO Dennis Muilenburg got a $62 million payout

GE Aviation said Monday that it plans to cut 70 temporary jobs at its plant in Bromont, Canada, which helps build 737 Max engines.
Boeing's new CEO David Calhoun (2nd L) on January 26, 2011.

Boeing’s new CEO will get a $7 million payout if he successfully gets the troubled 737 Max flying again

Although Boeing's new CEO David Calhoun has been called the "turnaround specialist," getting the 737 Max off the ground will be no easy task.

Boeing’s new CEO faces an uphill battle to restore faith in the company and get the troubled 737 Max back in the air

David Calhoun has been on Boeing's board for a decade, and is known as a turnaround specialist with experience leading companies through tough times.
FILE PHOTO: Steve Mnuchin Answers Questions from the Press

Treasury Secretary Mnuchin says Boeing’s 737 Max disaster could erase half a point from GDP this year — and economists fear worse

The Trump administration official still expects GDP to grow 2.5% through the year, while economists surveyed by Bloomberg project a 1.8% gain.
A composite image showing ousted Boeing CEO Dennis Muilenburg, and employees of Boeing supplier Spirit AeroSystems, which announced 2,800 layoffs on January 10, 2020.

Boeing’s fired CEO got his $62 million payout confirmed the same day 2,800 people in the 737 Max supply chain were laid off

Boeing spelled out its large pay package for Dennis Muilenburg on Friday. Meanwhile, Kansas-based supplier Spirit AeroSystems made huge redundancies.