Industrial | Fin24

WATCH: US SEC sues Volkswagen over emissions cheating

Mar 18 2019 19:46

The US SEC is suing Volkswagen over the emissions cheating scandal, saying the German automaker should have been more open with investors about the scale of the scandal.


WATCH: US authorities investigate FAA approval of Boeing plane

Mar 18 2019 13:12

The Wall Street Journal reports that the US Department of Transportation is investigating the Federal Aviation Administration's approval of Boeing Co's 737 MAX jetliners. News of the probe comes in the wake of the Ethiopian Airlines crash last week.


Ethiopian Airlines crash raises questions about role of regulators

Mar 17 2019 13:06

The sovereignty, integrity and role of civil aviation regulators have become the focus of debate in aviation circles since the fatal crash of an Ethiopian Airlines Boeing 737 MAX 8 last weekend.


Boeing part found at crash site hints at same cause as Lion Air

Mar 15 2019 20:44

A screw-like device found in the wreckage of the Boeing Co. 737 Max 8 that crashed Sunday in Ethiopia has provided investigators with an early clue into what happened, as work begins in France to decode the black boxes recovered from the scene


Group Five budgets for R233m in retrenchment pay as it enters business rescue

Mar 15 2019 10:44

The engineering and construction group has entered a form of bankruptcy protection known as business rescue and had its stock suspended from trading on the JSE.


Boeing agrees to defer delivery of second Comair 737 MAX 8

Mar 14 2019 16:23

Comair was the only SA airline with a Boeing 737 MAX 8 in commercial use before voluntarily withdrawing it from service pending the results of the investigation into the Ethiopian Airlines crash.


Boeing's $600 billion Max orders at risk as airlines waver

Mar 14 2019 12:11

Boeing’s $600bn-plus order book for its 737 Max began shaking after several big customers threatened to reconsider their purchases in the wake of the Ethiopian Airlines crash.



WATCH: Trump orders all Boeing 737 MAX to the ground

Mar 14 2019 12:05

The United States has been the last major country to stop all Boeing 737 MAX jets from flying after the plane was involved in its second deadly crash in five months.


VW brand to shrink workforce further in bigger savings push

Mar 13 2019 18:42

Volkswagen’s main car brand plans to deepen cost cuts and axe more jobs as profits slip in the industry’s shift to electric and self-driving cars.

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