Articles by Tracy Rucinski

Please Place Your Masks in Upright Position. Airlines Stress Safety to Lure Passengers.

U.S. carriers JetBlue Airways Corp. and United Airlines Holdings Inc. announced fresh safety measures on Wednesday aimed at restoring confidence in travel as several executives pointed to signs domestic demand is improving. U.S. states are starting to reopen following stay-at-home …

Airlines Under Pressure to Halt Flights to China; Update on Cancellations

Pilots and flight attendants are demanding airlines stop flights to China as health officials declare a global emergency over the rapidly spreading coronavirus, with American Airlines’ pilots filing a lawsuit seeking an immediate halt. China has reported nearly 10,000 cases …

Iran Crash Victims May Need Political Backing in Fight for Damages

Families of the 176 people killed when Iran shot down a Ukrainian airliner face a complicated legal battle where backing from the victims’ governments may be crucial as they seek damages, legal experts said. Lawyers say many relatives will automatically …

Shareholder Suit Claims Boeing Board Liable in 737 MAX Problems

A shareholder lawsuit filed on Monday accused Boeing Co.’s board of doing nothing to investigate the safety of the 737 MAX until the fast-selling plane suffered a second deadly crash in five months. The lawsuit is the latest legal challenge …

With U.S. Leadership Grounded, Global Regulators Worry About 737 Precedent

The head of the International Air Transport Association (IATA) warned on Tuesday that any discrepancy among global regulators over re-approving Boeing Co.’s 737 MAX for commercial flight could set a worrying precedent for future aircraft programs. The 737 MAX, Boeing’s …

Boeing Says 737s’ Optional Data Display Alert Was Not Safety Risk

Boeing Co. did not tell U.S. regulators for more than a year that it inadvertently made an alarm alerting pilots to a mismatch of flight data optional on the 737 MAX, instead of standard as on earlier 737s, but insisted …

Family of American Killed in 737 Max Crash Sues Boeing, Ethiopian Airlines

The family of an American woman killed in the crash of an Ethiopian Airlines 737 MAX filed a lawsuit on Thursday against the airline, Boeing Co. and Rosemount Aerospace Inc., which makes a part of the aircraft that is the …

Best-Selling Boeing 737 Under Scrutiny After Another Deadly Crash

A fatal crash in Ethiopia on Sunday involving an updated version of Boeing Co.’s best-selling 737 is putting the spotlight back on the aircraft just five months after another deadly crash involving another brand-new model of the same type in …

Bipartisan Bill Would Require Secondary Cockpit Door on All Existing Airplanes

U.S. lawmakers are pushing for stronger aviation security with a bipartisan bill that would require passenger airlines to install secondary security doors between cabins and the cockpit on current aircraft to prevent another Sept. 11-style attack. Hijackings remain a threat …

How One Hedge Fund Has Pursued $360M Financial Fraud Claim Against Big Bank

When the high-end property development Lake Las Vegas collapsed during the 2008 financial crisis, 31 funds that helped finance the project lost a total of $540 million. But only one of them, Dallas-based hedge fund Highland Capital Management, aggressively pursued …