Garuda in Talks to Bring 737 Max Back Years After Fatal Crashes
The 737 Max 8 would be leased from BOC Aviation Ltd., which said in a statement that it has 'been in commercial discussions with Garuda in respect of one B737-8 aircraft,' according to Timothy Ross, BOC Aviation's head of investor relations.
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CBS News
12 hours ago
- CBS News
Preparations underway for Qatari jet that will be used as Air Force One
Preparations to refit the Qatari jet that will be used as Air Force One are underway, and floor plans or schematics have been seen by senior U.S. officials, CBS News has learned. A memorandum of understanding, or MOU, between Qatar and the U.S. Defense Department, viewed by CBS News, outlines the "unconditional donation" of one Boeing 747-8 jumbo aircraft. The memorandum was signed earlier this month by Defense Secretary Pete Hegseth and Qatar's deputy prime minister and minister of state for defense affairs. It does not specifically mention Air Force One but says the jet can be used by the Pentagon "in any manner it deems appropriate." Earlier this year, President Trump confirmed that the Qatari royal family was donating a Boeing 747-8 for his use. Valued at $400 million, the jumbo jet is set to be donated to Mr. Trump's presidential library after his term is over. Mr. Trump, in May, called it a "gift." "They knew about it because they buy Boeings, they buy a lot of Boeings, and they knew about it, and they said, we would like to do something," Mr. Trump said. "And if we can get a 747 as a contribution to our Defense Department to use during a couple of years while they're building the other ones, I think that was a very nice gesture. Now I could be a stupid person and say, 'Oh no, we don't want a free plane.'" "Nothing in this MOU is, or shall be interpreted or construed as an offer, promise, or acceptance of any form of bribery, undue influence, or corrupt practice," the memorandum states."The parties affirm that the donation is a bona fide gift." The jet will be donated "as is," which would mean the Pentagon is responsible for any costs to upgrade the plane to enhance its security. One budget official believes the money to pay for upgrades will come from the Sentinel program. The Sentinel is the U.S. military program to replace the 400 silo-based nuclear Minuteman III missiles across the country. The Defense Department admits it's behind schedule and over budget, with cost overruns of 81% since September 2020, and is now estimated to cost the U.S. $141 billion. There are constitutional rules against a president accepting gifts from outside entities, including foreign governments and even members of Congress. Article I of the Constitution prevents any president from accepting a gift or emolument from a "King, Prince, or foreign State," without congressional consent. In May, Democratic Rep. Ritchie Torres of New York said he sent a letter to the Government Accountability Office urging an investigation into the Trump administration accepting a plane as a gift. The Washington Post reported on Saturday that the U.S. government and Qatar are expected to finalize the agreement this week. A source told CBS News in May that the plane needs to be checked for security and spying devices before it is accepted. Renovations that could cost hundreds of millions will need to be done before the plane is ready to be used as Air Force One, the Air Force secretary said last month. Jennifer Jacobs contributed to this report.
a day ago
Boeing's fighter jet workers reject contract offer
Boeing Co. expects more than 3,200 union workers at three St. Louis-area plants that produce U.S. fighter jets to strike after they rejected a proposed contract Sunday that included a 20% wage increase over four years. The International Machinists and Aerospace Workers union said the vote by District 837 members was overwhelmingly against the proposed contract. The existing contract was to expire at 11:59 p.m. Central time Sunday, but the union said a 'cooling off' period would keep a strike from beginning for another week, until Aug. 4. Union leaders had recommended approving the offer, calling it a 'landmark' agreement when it was announced last week. Organizers said then that the offer would improve medical, pension and overtime benefits in addition to pay. The vote came two days before Boeing planned to announce its second quarter earnings, after saying earlier this month that it had delivered 150 commercial airliners and 36 military aircraft and helicopters during the quarter, up from 130 and 26 during the first quarter. Its stock closed Friday at $233.06 a share, up $1.79. The union did not say specifically why members rejected the contract, only that it 'fell short of addressing the priorities and sacrifices' of the union's workers. Last fall, Boeing offered a general wage increase of 38% over four years to end a 53-day strike by 33,000 aircraft workers producing passenger aircraft. 'Our members are standing together to demand a contract that respects their work and ensures a secure future,' the union said in a statement. Dan Gillan, general manager and senior Boeing executive in St. Louis, said in a statement that the company is 'focused on preparing for a strike.' He described the proposal as 'the richest contract offer' ever presented to the St. Louis union. 'No talks are scheduled with the union,' said Gillan, who is also vice president for Boeing Air Dominance, the division for the production of several military jets, including the U.S. Navy's Super Hornet, as well as the Air Force's Red Hawk training aircraft.
Yahoo
a day ago
- Yahoo
Boeing's fighter jet workers in the St. Louis area reject a contract offer
Boeing Co. expects more than 3,200 union workers at three St. Louis-area plants that produce U.S. fighter jets to strike after they rejected a proposed contract Sunday that included a 20% wage increase over four years. The International Machinists and Aerospace Workers union said the vote by District 837 members was overwhelmingly against the proposed contract. The existing contract was to expire at 11:59 p.m. Central time Sunday, but the union said a 'cooling off' period would keep a strike from beginning for another week, until Aug. 4. Union leaders had recommended approving the offer, calling it a 'landmark' agreement when it was announced last week. Organizers said then that the offer would improve medical, pension and overtime benefits in addition to pay. The vote came two days before Boeing planned to announce its second quarter earnings, after saying earlier this month that it had delivered 150 commercial airliners and 36 military aircraft and helicopters during the quarter, up from 130 and 26 during the first quarter. Its stock closed Friday at $233.06 a share, up $1.79. The union did not say specifically why members rejected the contract, only that it 'fell short of addressing the priorities and sacrifices' of the union's workers. Last fall, Boeing offered a general wage increase of 38% over four years to end a 53-day strike by 33,000 aircraft workers producing passenger aircraft. 'Our members are standing together to demand a contract that respects their work and ensures a secure future,' the union said in a statement. Dan Gillan, general manager and senior Boeing executive in St. Louis, said in a statement that the company is 'focused on preparing for a strike.' He described the proposal as 'the richest contract offer' ever presented to the St. Louis union. 'No talks are scheduled with the union,' said Gillan, who is also vice president for Boeing Air Dominance, the division for the production of several military jets, including the U.S. Navy's Super Hornet, as well as the Air Force's Red Hawk training aircraft. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
