President Trump appointed Christopher Rocheleau, a 22-year FAA veteran, as acting administrator of the agency.

Boeing argued that the exemption would enable quicker certification and delivery of the 737 MAX 7 and 737 MAX 10 aircraft.

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

Elon Musk pushed Federal Aviation Administration Chief Michael Whitaker from his post just 10 days before the deadly plane and Black Hawk helicopter crash over Washington, DC.

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.

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

Mike Whitaker, unanimously confirmed as the FAA administrator in October 2023, stepped down early from his five-year term on Jan. 20 when Trump took office and for 10 days the FAA declined to say who was running the agency on an acting basis. Trump has not yet named a permanent candidate to replace Whitaker.

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

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.

L3Harris Technologies is the sixth-largest US defense contractor by sales. It formed in 2019 from the merger of L3 Technologies, a decentralized and acquisitive maker of sensors, and Harris, a sensor and radio manufacturer that ran a more unified business.