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Business News of Thursday, 24 October 2024

    

Source: bbc

Boeing-made satellite breaks up in space

The The "total loss" of the communications satellite has affected Intelsat customers around the world

Boeing faces a new crisis as the communications satellite iS-33e, built for Intelsat, has broken up in orbit, causing service disruptions in Europe, Africa, and Asia-Pacific.

Intelsat confirmed the total loss and is working with Boeing and government agencies to analyze the incident.

Boeing is also dealing with other issues, including a strike involving 30,000 workers, complications with its Starliner spacecraft, and recent layoffs.

Additionally, the company faces legal troubles after agreeing to a $243.6 million penalty for breaching a deferred prosecution deal related to two 737-MAX crashes that killed 346 people.

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