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 Hawaii-bound cargo plane crashed on Nov. 4 just after takeoff in Louisville, Kentucky. #AviationSafety #NTSB #UPS
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.