The Federal Aviation Administration is facing its first major aviation disaster in 16 years without a leader because Elon Musk helped push him out. Michael Whitaker stepped down as FAA administrator on January 20th,

BA stock, with -32% returns since the beginning of 2024, has significantly underperformed the S&P 500 index, up 27%.

EVERETT — Boeing CEO Kelly Ortberg sees increased aircraft production in its troubled commercial aircraft division helping with a financial recovery this year after a disastrous 2024 meant a $11.8 billion loss and undelivered planes.

Boeing CEO Kelly Ortberg said the company was “seeing encouraging signs” as it tries to turn around following a rough 2024.

On today’s briefing we talk about DeepSeek’s impact on travel, AirAsia Move’s new chairman, and Boeing’s sunny take on cloudy earnings.

Elon Musk is working with Boeing on behalf of President Donald Trump in order to speed up replacements for the president’s planes, known as Air Force One, that are over budget and behind schedule.

Boeing said on Tuesday it was making progress on increasing plane production, and its shares jumped nearly 8%, despite the company recording its biggest annual loss in four years.

Despite more than $11 billion lost last year, investors are growing more optimistic about Boeing’s financial health. On Tuesday, the plane maker released fourth-quarter earnings showing nearly $4 billion in losses.

Boeing posted a roughly $4 billion loss for the fourth quarter, according to preliminary results last week. The company has taken charges that span its defense and commercial airplane units. CEO Kelly Ortberg is set to detail the company's next steps after safety and manufacturing crises.

Boeing posted weaker-than-expected Q4 2024 earnings as labor strikes and defense program charges weighed heavily on its results.

Just days after taking office, Transportation Secretary Sean Duffy is thrust into a crisis with a deadly plane crash at Reagan National Airport