On Wednesday, Boeing has reported a lower first-quarter profit as the global grounding of its 737 MAX flight following two crashes hits results.

The US-based aerospace giant has alleged $2.1 billion in profits, down at 13.2 percent on the same time a year ago. It has also withdrawn its total year’s profit because of uncertainty regarding the Boeing 737 MAX.

More details are awaited.

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Donald Trump Nominates Former Aerospace Executive As US Air Force’s Head

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by Chandrani Sarkar May 22, 2019
On Tuesday, the United States President Donald Trump has announced that he had nominated former Aerospace Executive and Arizona owner as head of the United States Air Force. 68-year-old Barbara Barrett has served as the United States Ambassador to Finland from 2008 to 2009 under the administration of George W. Bush. Ms. Barrett has also headed The Aerospace Corporation, which is an Aeronautics Research and Development Centre until 2017. President...