Boeing chief tries to reassure Norwegian Air
SEATTLE Boeing Commercial Airplanes chief Ray Conner traveled to Norway and promised Wednesday better support for Norwegian Air’s fleet of 787 Dreamliners following a series of reliability issues that repeatedly grounded flights this month. Conner met with Norwegian Air’s chief executive Bjorn Kjos in Oslo in an effort to smooth relations with the airline, which has been vocal about its dissatisfaction. On the same day, LOT, the flag carrier of Poland, said it had to temporarily ground two Dreamliners after inspections revealed fuel filters missing from the Rolls-Royce engines on the aircraft. After the meeting in Oslo, Reuters reported that Norwegian’s Kjos called it “a positive discussion.” Boeing makes some of its 787s at a new facility in North Charleston.
Federal housing agency needs huge bailout
WASHINGTON A federal housing agency said Friday it needs a $1.7 billion bailout from the Treasury to cover projected losses in its reverse mortgage programs which allow seniors to borrow against their homes for everyday living expenses. Federal Housing Administration commissioner Carole Galante told Congress in a letter that her agency will withdraw the money from the Treasury before the fiscal year ends Monday. Congressional approval is not required. The cash infusion is the first in the agency’s 79-year history. The agency, which insures 40 million home mortgages, is struggling with $5 billion in losses on its reverse mortgage program for older borrowers.
Exxon to offer benefits to legally married same-sex couples
NEW YORK Exxon says it will begin offering benefits to legally married same-sex couples in the U.S. for the first time as of Jan. 1. The company says it will recognize “all legal marriages” when it determines eligibility for health care plans for the company’s 77,000 employees and retirees in the U.S.
Ban on using electronics during takeoffs may end
WASHINGTON With the blessing of an influential advisory panel, federal regulators are closer to letting airline passengers use their smartphones, tablets, e-readers and other electronic gadgets during takeoffs and landings. The 28-member FAA advisory committee voted to recommend the change during a closed-door meeting Thursday. The recommendation will be sent Monday to the Federal Aviation Administration.
The Seattle Times and The Associated Press contributed.