Case Study of 737 MAX Airplane
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Jeweltex Manufacturing Inc., Retirement Plan, Et Al. V. The
Case 1:19-cv-02020-WFK-PK Document 1 Filed 04/08/19 Page 1 of 41 PageID #: 1 UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK _________________________________________ ) JEWELTEX MANUFACTURING INC., ) CASE NO. RETIREMENT PLAN, Individually and On ) Behalf of All Others Similarly Situated, ) ) Plaintiff, ) CLASS ACTION COMPLAINT ) vs. ) ) JURY TRIAL DEMANDED THE BOEING COMPANY, DENNIS A. ) MUILENBURG, ROBERT A. BRADWAY, ) DAVID L. CALHOUN, ARTHUR D. COLLINS, ) JR., KENNETH M. DUBERSTEIN, ADMIRAL ) EDMUND P. GIAMBASTIANI, JR., LYNN J. ) GOOD, NIKKI R. HALEY, LAWRENCE W. ) KELLNER, CAROLINE B. KENNEDY, ) EDWARD M. LIDDY, SUSAN C. SCHWAB, ) RONALD A. WILLIAMS, and MIKE S. ) ZAFIROVSKI, ) ) Defendants. ) _________________________________________ Plaintiff Jeweltex Manufacturing Inc., Retirement Plan (“Plaintiff”), by and through its undersigned attorneys, alleges the following based upon information and belief, except as to those allegations concerning Plaintiff, which are alleged upon personal knowledge. Plaintiff’s information and belief is based upon, among other things, the investigation conducted by his counsel which included, among other things: (a) a review and analysis of regulatory filings of The Boeing Company (“Boeing” or the “Company”) filed with the United States Securities and Exchange Commission (“SEC”); (b) a review and analysis of press releases and media reports issued and disseminated by Boeing; (c) a review of other publicly available information concerning Boeing, including articles in the news media and analyst reports; (d) a review and analysis of regulatory investigations and reports; and (e) complaints and related materials in litigation commenced against some or all of the Defendants Case 1:19-cv-02020-WFK-PK Document 1 Filed 04/08/19 Page 2 of 41 PageID #: 2 pertaining to Boeing and the fatal accidents involving the 737 Max series of aircraft (the “737 Max Accidents”) and their causes and aftermath. -
Download Annual Report 2004/05
ETHIOPIAN AIRLINES Annual Report 2004-05 WWW.ETHIOPIANAIRLINES.COM ANNUAL REPORT 2004-05 building CONTENTS on the FUTURE Management Board of Ethiopian Airlines .................................. 2 CEO’s Message............................................................................................. 3 Ethiopian Airlines Management Team ......................................... 4 Embarking on a long-range reform I. Investing for the future Continent .................................... 5 II. Continuous Change .............................................................. 5 III. Operations Review ............................................................... 5 IV. Measures to Enhance Profitability .................................. 7 V. Human Resource Development ....................................... 10 VI. Fleet Planning and Financing .......................................... 11 VII. Information Systems .......................................................... 11 VIII. Tourism Promotion ............................................................ 11 IX. Corporate Social Responsibility (CSR) Measures ....... 12 Finance ............................................................................................................. 13 Auditors Report and Financial Statements ................................ 22 Domestic Route Map .............................................................................. 40 Ethiopian Airlines Offices ...................................................................... 41 International Route Map ...................................................................... -
In the United States District Court for the Northern District of Illinois Eastern Division
Case: 1:19-cv-02394 Document #: 164 Filed: 06/30/20 Page 1 of 60 PageID #:3236 IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION ) ) IN RE THE BOEING COMPANY ) Case No. 19-cv-2394 AIRCRAFT SECURITIES LITIGATION ) ) Hon. John J. Tharp, Jr. ) ) MEMORANDUM IN SUPPORT OF MOTION TO DISMISS John F. Hartmann, P.C. Joshua Z. Rabinovitz KIRKLAND & ELLIS LLP 300 N. LaSalle Chicago, IL 60654 (312) 862-2000 Craig S. Primis Matt Owen KIRKLAND & ELLIS LLP 1301 Pennsylvania Ave., N.W. Washington D.C. 20004 Counsel for Defendants Dated: June 30, 2020 Case: 1:19-cv-02394 Document #: 164 Filed: 06/30/20 Page 2 of 60 PageID #:3237 Table Of Contents Preliminary Statement ..................................................................................................................... 1 Facts Alleged In The Complaint And Subject To Judicial Notice .................................................. 4 Argument ........................................................................................................................................ 7 I. Plaintiffs Do Not Plead With Particularity A False Or Misleading Statement. .................. 8 A. Plaintiffs Do Not Plead With Particularity That Defendants’ Statements About The Design Of The 737 MAX Were False Or Misleading. ....................... 11 B. Plaintiffs Do Not Plead With Particularity That Defendants’ Statements About The Safety Of The 737 MAX Were False Or Misleading. ........................ 13 C. Plaintiffs Do Not Plead With Particularity That Defendants’ -
___, on Behalf of Himself and All Others Similarly
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION _________, on behalf of himself and all ) others similarly situated, ) ) No. ____________ Plaintiff ) ) v. ) ) JURY TRIAL DEMANDED THE BOEING COMPANY, DENNIS A. ) MUILENBURG, GREGORY D. SMITH, ) and KEVIN McALLISTER, ) ) Defendants ) ) ) CLASS ACTION COMPLAINT FOR VIOLATIONS OF THE FEDERAL SECURITIES LAWS “The [ ] pilots should have been informed.”1 Jon Weaks (President of Southwest Airlines Pilots Association) I. NATURE OF THE ACTION 1. This is a putative class action for violations of the federal securities laws. Plaintiff ______ (“Plaintiff”), by and through his undersigned counsel, brings this action pursuant to the Securities Exchange Act of 1934 (the “Exchange Act”). Plaintiff’s claims are brought on behalf of all persons who purchased or otherwise acquired the publicly-traded securities of The Boeing Company (“Boeing” or the “Company”) between January 8, 2019 and May 8, 2019, inclusive (the “Class Period”), and were damaged by the conduct asserted herein (the “Class”). 2. Defendants are: (i) Boeing; (ii) Boeing Chairman, Chief Executive Officer (“CEO”) and President Dennis A. Muilenburg; (iii) Boeing Chief Financial Officer (“CFO”) and Executive Vice President of Enterprise Performance and Strategy Gregory D. Smith; and (iv) Boeing Commercial Airplanes President and CEO Kevin McAllister (collectively, “Defendants”). As alleged throughout herein, throughout the Class Period, Defendants violated Sections 10(b) and 20(a) of the Exchange Act (“Exchange Act”) and Securities and Exchange Commission (“SEC”) Rule 10b-5(b) promulgated thereunder. 3. Plaintiff’s allegations are based upon counsel’s investigation except as to the allegations specifically pertaining to Plaintiff, which are based upon his personal knowledge. -
2016 Environmental Report
Build Something Cleaner The Boeing Company 2016 Environment Report OUR APPROACH DESIGN AND DEVELOPMENT MANUFACTURING AND OPERATIONS IN SERVICE END OF SERVICE APPENDIX About The Boeing Company Total revenue in For five straight Currently holds 2015: $96.1 billion years, has been 15,600 active named a top global patents around Employs 160,000 innovator among the world people across the aerospace and United States and in defense companies Has customers in more than 65 other 150 countries countries Established 11 research and For more than a 21,500 suppliers development centers, decade, has been and partners 17 consortia and the No.1 exporter around the world 72 joint global in the United States research centers OUR APPROACH DESIGN AND DEVELOPMENT MANUFACTURING AND OPERATIONS IN SERVICE END OF SERVICE APPENDIX At Boeing, we aspire to be the strongest, best and best-integrated aerospace-based company in the world— and a global industrial champion—for today and tomorrow. CONTENTS Our Approach 2 Design and Development 18 Manufacturing and Operations 28 In Service 38 End of Service 46 Jonathon Jorgenson, left, and Cesar Viray adjust drilling equipment on the 737 MAX robotic cell pulse line at Boeing’s fab- rication plant in Auburn, Washington. Automated production is helping improve the efficiency of aircraft manufacturing. (Boeing photo) 1 OUR APPROACH DESIGN AND DEVELOPMENT MANUFACTURING AND OPERATIONS IN SERVICE END OF SERVICE APPENDIX As Boeing celebrates Our Approach its first century, we are looking forward to the innovations of the next 100 years. We are working to be the most environmentally progressive aero- space company and an enduring global industrial champion. -
Download Ethiopian Fact Sheet April 2017
VICTORIA FALLS Ethiopian Airlines Factsheet - April 2017 OSLO ANTANANARIVO Overview Ethiopian Airlines (Ethiopian) is the leading and most profitable airline in Africa. In 2014 IATA ranked Ethiopian as the largest airline in Africa in revenue and profit. Over the past seven decades, Ethiopian has been a pioneer of African aviation as an aircraft technology leader. It all started with a military surplus C-47, leading the way with the first Jet service in the continent in the early 60’s to the first B-767 in the mid 80’s, to the first African B-787 Dreamliner in 2012 and the first African Airbus A-350 in 2016. Ethiopian joined Star Alliance, the world’s largest Airline network, in December 2011. Ethiopian is currently implementing a 15-year strategic plan called Vision 2025 that will see it become the leading airline group in Africa with seven strategic business units. Ethiopian is a multi-award winning airline, including SKYTRAX and Passenger Choice Awards in 2015, and has been registering an average growth of 25% per annum for the past ten years. Ethiopian Background Information Founded E December 21, 1945 Starting date of operation E April 08, 1946 Ownership E Government of Ethiopia (100%) Head Office E Bole International Airport, P.O. Box 1755 Addis Ababa, Ethiopia Fax: (+ 251)11661 1474 Reservations E Tel: (+251) 11 665 6666 Website E http://www.ethiopianairlines.com Group Chief Executive Officer E Mr. Tewolde GebreMariam Fleet Summary Aircraft Inventory: 87 Fleet on order: 47 Average age of aircraft: 5 years Passenger aircraft Airbus -
Boeing 737-300, 9H-ABT
Boeing 737-300, 9H-ABT AAIB Bulletin No: 5/98 Ref: EW/C97/8/3Category: 1.1 Aircraft Type and Registration: Boeing 737-300, 9H-ABT No & Type of Engines: 2 CFM56 turbofan engines Year of Manufacture: 1993 Date & Time (UTC): 1 August 1997 at 0943 hrs Location: On approach to Manchester Airport Type of Flight: Public Transport Persons on Board: Crew - 7 - Passengers - 93 Injuries: Crew - None - Passengers - None Nature of Damage: Nil Commander's Licence: Airline Transport Pilot's Licence Commander's Age: 49 years Commander's Flying Experience: 11,765 hours (of which 7,500 hours were on type) Last 90 days - 255 hours Last 28 days - 96 hours Information Source: AAIB Field Investigation History of flight The crew were operating a scheduled flight, as AMC 202, from Maltato Manchester. For the first part of the flight, the first officerwas the handling pilot. However, the forecast weather at Manchesterindicated that Low Visibility Procedures (LVP) would be requiredand, in accordance with company procedures, this would requirethe commander in the left seat to be the handling pilot. Therefore,towards the end of the cruise, the commander took over the handlingduties and the first officer assumed the normal non-handling dutiesincluding the radio monitoring and response. Prior to flight,the commander had confirmed the serviceability of the aircraftand noted that there were no 'Carried Forward Defects' in theTechnical Log; additionally, he had also confirmed that both thefirst officer and himself were qualified to carry out the expectedLVP approach. Throughout the flight, the aircraft was fully serviceable. Before descent, the crew obtained the airport weather informationand the commander briefed for the expected approach to Runway24 at Manchester. -
A Fond Farewell to Ve Fantastic Eets
NEWS RELEASE A fond farewell to ve fantastic eets 4/30/2020 Last month, American Airlines announced plans to accelerate the retirement of some older, less fuel-ecient aircraft from its eet sooner than originally planned. As ying schedules and aircraft needs are ne-tuned during this period of record low demand, American will take the unique step of retiring a total of ve aircraft types. American has ocially retired the Embraer E190 and Boeing 767 eets, which were originally scheduled to retire by the end of 2020. The airline has also accelerated the retirement of its Boeing 757s and Airbus A330-300s. Additionally, American is retiring 19 Bombardier CRJ200 aircraft operated by PSA Airlines. These changes remove operating complexity and will bring forward cost savings and eciencies associated with operating fewer aircraft types. It will also help American focus on ying more advanced aircraft as we continue receiving new deliveries of the Airbus A321neo and the Boeing 737 MAX and 787 family. American’s narrowbody eet also becomes more simplied with just two cockpit types – the Airbus A320 and the Boeing 737 families. This benets American’s operational performance through training eciency and streamlined maintenance. American continues to evaluate its schedule and remains committed to caring for customers on life’s journey. These changes will help American continue to provide a reliable travel experience around the world, even during these uncertain times. Here’s a snapshot of the aircraft exiting American’s eet: Airbus A330-300 — Blue Sky News/Pittsburgh International AirportAirbus A330-300 1 Joined the US Airways eet in 2000 prior to joining American’s eet in 2013. -
In the Court of Chancery of the State of Delaware
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE THOMAS P. DiNAPOLI, COMPTROLLER OF THE STATE OF NEW YORK, AS ADMINISTRATIVE PUBLIC VERSION HEAD OF THE NEW YORK STATE FILED ON: June 30, 2020 AND LOCAL RETIREMENT SYSTEM, AND AS TRUSTEE FOR THE NEW YORK STATE COMMON RETIREMENT FUND, and FIRE AND POLICE PENSION ASSOCIATION OF COLORADO, Plaintiffs, v. C.A. No. 2020-0465-AGB KENNETH M. DUBERSTEIN, MIKE S. ZAFIROVSKI, ARTHUR D. COLLINS JR., EDWARD M. LIDDY, ADMIRAL EDMUND P. GIAMBASTIANI JR., DAVID L. CALHOUN, SUSAN C. SCHWAB, RONALD A. WILLIAMS, LAWRENCE W. KELLNER, LYNN J. GOOD, ROBERT A. BRADWAY, RANDALL L. STEPHENSON, CAROLINE B. KENNEDY, W. JAMES MCNERNEY JR., DENNIS A. MUILENBURG, KEVIN G. MCALLISTER, RAYMOND L. CONNER, GREG SMITH, J. MICHAEL LUTTIG, GREG HYSLOP, and DIANA L. SANDS, Defendants. and THE BOEING COMPANY, Nominal Defendant. VERIFIED STOCKHOLDER DERIVATIVE COMPLAINT {FG-W0467081.} Plaintiffs Thomas P. DiNapoli, Comptroller of the State of New York, as Administrative Head of the New York State and Local Retirement System, and as Trustee of the New York State Common Retirement Fund, and Fire and Police Pension Association of Colorado, stockholders of The Boeing Company (“Boeing,” the “Company,” or “Nominal Defendant”), bring this action on Boeing’s behalf against the current and former officers and directors identified below (collectively, “Defendants”) arising from their failure to monitor the safety of Boeing’s 737 MAX airplanes. The allegations in this Complaint are based on the knowledge of Plaintiffs as to themselves, and on information and belief, including the review of publicly available information and documents obtained under 8 Del. -
ICCT Aircraft Efficiency Design Public Draft
TRENDS IN AIRCRAFT EFFICIENCY AND DESIGN PARAMETERS Mazyar Zeinali, Ph.D. Daniel Rutherford, Ph.D. International Council on Clean Transportation (ICCT) ABSTRACT Developing an aircraft CO2 candidate metric and subsequent compliance assessment requires an understanding of practices and trends in aircraft design. Historically, fuel burn has been an important consideration for airlines, and manufacturers have responded by developing technologies to improve the efficiency of new aircraft designs. However, market forces also demand improvements in aircraft performance beyond reduced fuel burn. As a consequence, some portion of efficiency gained through improved technology has been devoted to increasing other aircraft design parameters such as range, maximum payload, and speed rather than to reducing emissions on a constant mission. In this paper, we discuss some initial ICCT work on sales‐weighted historical trends in new aircraft design attributes and their influence on aircraft efficiency, using design range as a first area of inquiry. We show that aircraft design parameters that influence fuel efficiency have changed over time, both in aggregate and for specific replacement designs, and therefore need to be taken into account when developing a CO2 certification requirement and stringency scenarios for further consideration. We also present evidence that commercial aircraft are not typically operated near their maximum performance points (i.e. design range and max payload), and therefore setting a CO2 certification requirement and standard at those points may overestimate improvements in future designs. 1. INTRODUCTION Developing an aircraft CO2 candidate metric and stringency scenarios will require knowledge and understanding of a complex system. Proper design choices will not only result in a policy that underscores environmental performance accurately, but also one that minimizes costs, undesirable impacts on competitiveness, and potential standard gaming. -
Analyzing the Case of Kenya Airways by Anette Mogaka
GLOBALIZATION AND THE DEVELOPMENT OF THE AIRLINE INDUSTRY: ANALYZING THE CASE OF KENYA AIRWAYS BY ANETTE MOGAKA UNITED STATES INTERNATIONAL UNIVERSITY - AFRICA SPRING 2018 GLOBALIZATION AND THE DEVELOPMENT OF THE AIRLINE INDUSTRY: ANALYZING THE CASE OF KENYA AIRWAYS BY ANETTE MOGAKA A THESIS SUBMITTED TO THE SCHOOL OF HUMANITIES AND SOCIAL STUDIES (SHSS) IN PARTIAL FULFILMENT OF THE REQUIREMENT FOR THE AWARD OF MASTER OF ARTS DEGREE IN INTERNATIONAL RELATIONS UNITED STATES INTERNATIONAL UNIVERSITY - AFRICA SUMMER 2018 STUDENT DECLARATION I declare that this is my original work and has not been presented to any other college, university or other institution of higher learning other than United States International University Africa Signature: ……………………… Date: ………………………… Anette Mogaka (651006) This thesis has been submitted for examination with my approval as the appointed supervisor Signature: …………………. Date: ……………………… Maurice Mashiwa Signature: …………………. Date: ……………………… Prof. Angelina Kioko Dean, School of Humanities and Social Sciences Signature: …………………. Date: ……………………… Amb. Prof. Ruthie C. Rono, HSC Deputy Vice Chancellor Academic and Student Affairs. ii COPYRIGHT This thesis is protected by copyright. Reproduction, reprinting or photocopying in physical or electronic form are prohibited without permission from the author © Anette Mogaka, 2018 iii ABSTRACT The main objective of this study was to examine how globalization had affected the development of the airline industry by using Kenya Airways as a case study. The specific objectives included the following: To examine the positive impact of globalization on the development of Kenya Airways; To examine the negative impact of globalization on the development of Kenya Airways; To examine the effect of globalization on Kenya Airways market expansion strategies. -
Remote ID NPRM Maps out UAS Airspace Integration Plans by Charles Alcock
PUBLICATIONS Vol.49 | No.2 $9.00 FEBRUARY 2020 | ainonline.com « Joby Aviation’s S4 eVTOL aircraft took a leap forward in the race to launch commercial service with a January 15 announcement of $590 million in new investment from a group led by Japanese car maker Toyota. Joby says it will have the piloted S4 flying as part of the Uber Air air taxi network in early adopter cities before the end of 2023, but it will surely take far longer to get clearance for autonomous eVTOL operations. (Full story on page 8) People HAI’s new president takes the reins page 14 Safety 2019 was a bad year for Part 91 page 12 Part 135 FAA has stern words for BlackBird page 22 Remote ID NPRM maps out UAS airspace integration plans by Charles Alcock Stakeholders have until March 2 to com- in planned urban air mobility applications. Read Our SPECIAL REPORT ment on proposed rules intended to provide The final rule resulting from NPRM FAA- a framework for integrating unmanned air- 2019-100 is expected to require remote craft systems (UAS) into the U.S. National identification for the majority of UAS, with Airspace System. On New Year’s Eve, the exceptions to be made for some amateur- EFB Hardware Federal Aviation Administration (FAA) pub- built UAS, aircraft operated by the U.S. gov- When it comes to electronic flight lished its long-awaited notice of proposed ernment, and UAS weighing less than 0.55 bags, (EFBs), most attention focuses on rulemaking (NPRM) for remote identifica- pounds.