UPS, Boeing and NTSB
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Coming into Thursday trading, Boeing’s stock was up 30% since CFO Jay Malave made positive comments about his company’s free cash flow in early December. Malave endorsed positive free cash flow for 2026 and reiterated a goal of reaching $10 billion in annual free cash flow. Write to Al Root at [email protected]
Boeing warned plane owners in 2011 about a broken part that contributed to last year's UPS cargo plane crash that killed 15 people, but at that time the plane manufacturer didn't believe it threatened safety,
The National Transportation Safety Board said on Wednesday that a key part of a UPS UPS.NMD-11 cargo jet that crashed in November in Kentucky, killing 15 people, that was found to have cracks was the subject of a 2011 Boeing service letter.
The National Transportation Safety Board (NTSB) reports that fatigue cracks were found in a UPS MD-11 cargo jet involved in a fatal crash in Kentucky. The cracks were in a support structure known as the bearing race.