Boeing's new CEO will get a $7 million payout if he successfully gets the troubled 737 Max flying again




Boeing\
Boeing\'s new CEO will get a $7 million payout if he successfully gets the troubled 737 Max flying again  
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Boeing Hiked Fourth-Quarter Lobby Spend in 737 Max Crisis
Boeing Hiked Fourth-Quarter Lobby Spend in 737 Max Crisis

(Bloomberg) -- Boeing Co.'s spending on federal lobbying rose to $3.4 million in the last quarter of 2019 as the embattled plane-maker faced new threats in Washington after its 737 Max jetliner was grounded following two fatal crashes.The aerospace giant's lobbying outlay in the last three months of 2019 jumped 8% compared with the third quarter as the company's crisis over the 737 Max deepened.Former chief executive officer Dennis Muilenburg faced a bipartisan pummeling in two days of testimony in late October, with even GOP stalwarts like Senator Ted Cruz, a Texas Republican, delivering blows. That performance was the beginning of the end for Muilenburg, who was ousted in late December...

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The US Air Force recently acquired a new $64 million Gulfstream private jet for VIP government officials - see inside
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