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The Latest Breaking News from Boeing Co

Stocks Set to Open Higher as Investors Await U.S. Inflation Data, Yellen Comments Boost Sentiment

September S&P 500 futures (ESU23) are up +0.42%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.55% this morning as remarks from Treasury Secretary Janet Yellen bolstered hopes that the U.S. economy is headed toward a soft landing, while investors looked ahead to the latest U.S. inflation reading due…

Barchart

Is Boeing Co. (BA) a Good Defense Stock Buy in June?

Boeing Company (BA) has bagged several orders at the Paris Air Show. However, the company has been struggling with production glitches and margin pressure. So, let’s analyze whether this stock is worth buying now.

StockNews.com

Pentagon probes lapse in Boeing security credentials for Air Force One

The U.S. Department of Defense (DOD) is scrutinizing why Boeing Co employees worked on current and future Air Force One planes without the security credentials required for the highly classified jets.

Reuters

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Boeing and Airbus intensify search for skilled talent in India

Boeing Co. and Airbus SE are increasingly looking to India for highly-skilled, low-cost engineers to meet a boom in demand for aircraft and expand their manufacturing presence in the world’s fifth-largest economy.

Tribune News Service

Pentagon puts priority on replacing munitions in 2024 budget

WASHINGTON — The Pentagon’s $170 billion procurement request for the new fiscal year focuses on replacing munitions supplied to Ukraine as well as well as weapons like long-range missiles, which would be necessary in a conflict with China, according to an internal budget document.

Tribune News Service

These 1970s CTA cars have gone off the rails — and are for sale — in West Virginia

The 2400-series CTA rail cars have been listed for $35,000 on Facebook Marketplace. But you have to go get them — and they weigh 54,000 pounds apiece.

Chicago Sun-Times

Former American Airlines CEO Doug Parker stepping down as chairman

Former American Airlines CEO Doug Parker, who led the company through the merger that brought together American Airlines and US Airways to form the world’s largest carrier, is stepping down as the company’s chairman at the end of April, the company said Thursday.

Tribune News Service

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US to send Ukraine Boeing’s ground-launched, GPS-guided bombs

A new ground-launched, bomb-tipped rocket to be ordered from Boeing Co. will be part of the latest package of US.` arms for Ukraine that will be announced Friday by the White House and Pentagon, officials said.

Tribune News Service

Boeing-DOJ ‘sweetheart deal’ decried by victim’s wife

Naoise Connolly Ryan told a Texas judge she’s refused any of the $500 million Boeing Co. was required to set aside to compensate families of 737 Max crash victims under a deferred prosecution agreement with the U.S. government.

Tribune News Service

Boeing pleads not guilty in fraud case over 737 Max crashes

Boeing Co. pleaded not guilty to deceiving US regulators about changes made to its 737 Max flight control system that led to two horrific crashes, before relatives of some victims made tearful appeals to the judge to hold the aircraft maker accountable.

Tribune News Service

Boeing 737 Max models expected to win cockpit-system reprieve from Congress

U.S. congressional leaders are poised to exempt two Boeing Co. 737 Max models from a new cockpit requirement that would take effect next week, a victory that would help the planemaker avoid an expensive redesign and potentially lengthy certification delays for the jets.

Tribune News Service

Mexican president says in talks with Boeing to rent aircraft for military-run carrier

Mexico is in talks with U.S. planemaker Boeing Co to rent aircraft for a carrier run by the military, set to start operations next year, the country's president said Monday.

Reuters

United Air buys 100 Boeing 787s in bet on long-haul rebound

United Airlines Holdings Inc. agreed to buy 100 Boeing Co. 787 Dreamliners as part of a multibillion-dollar order for as many as 300 new aircraft, revamping the carrier’s fleet with one of the largest plane deals in recent years.

Tribune News Service

Boeing Hosted Its First Investor Day In 4 Years After 737 MAX Debacle: What Do Analysts Think?

Boeing Co. (NYSE: BA) held an Investor Day to showcase its Boeing 737 plant and for investors to meet with company executives to discuss strategic priorities, business updates and financial goals.

Benzinga

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Al Jazeera

US judge applies ‘crime victims’ status in Boeing 737 MAX crashes

The first Boeing Max 737 crashed in Indonesia in October 2018, killing 189, and another crashed in Ethiopia killing 157.

Tribune News Service

Boeing’s China orders dry up on US tensions in boost for Airbus

China has traditionally split aircraft orders evenly between Airbus SE and Boeing Co. Recently though, there’s been a shift against the American half of the world’s planemaking duopoly.

Benzinga

Top Financial Media Stories Friday, September 23: Apple Resolves iPhone 14 Pro Camera Glitch, Credit Suisse Shares Tumble As It Looks For Capital Infusion, Boeing Penalized $200M For Misleading About 737 MAX Safety And More..

Reuters

Tribune News Service

Boeing to pay $200 million to settle SEC’s probe over 737 Max

Boeing Co. agreed to pay $200 million to settle US Securities and Exchange Commission allegations that the company and its former Chief Executive Officer Dennis Muilenburg failed to properly disclose safety issues with its 737 Max jetliner.

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Tribune News Service

Thomas Black: Supersonic passenger jets are back? Not so fast

American Airlines Group Inc. just agreed to purchase 20 supersonic jets from Boom Supersonic that are designed to carry as many as 80 passengers. So, when will you be able to buy a ticket to fly at 1.7 times the speed of sound from New York to London and cut…

Los Angeles Times

Michael Hiltzik: Did California give Boeing a pass on a major pollution cleanup?

Back in 2007, the state of California reached an agreement with Boeing Co. requiring the company to clean up the polluted site of the Santa Susana Field Laboratory, outside Simi Valley, to an exacting environmental standard.

Tribune News Service

Boeing gets FAA clearance to restart 787 Dreamliner delivery

Boeing Co. received preliminary U.S. regulatory clearance to restart deliveries of its 787 Dreamliner aircraft, paving the way for the end to a drought that drained cash and dented the planemaker’s reputation for quality.

Bangkok Post

Boeing, Airbus Face Off at Farnborough Air Show

Boeing Co. and Airbus SE sales staff will hit the tarmac this week at the Farnborough International Air Show, the first of the biggest commercial aviation shows since the pandemic largely shut down air travel.

Benzinga

Japan Airlines Considers Replacing Short-Haul Fleet: Bloomberg

Japan Airlines Co Ltd (OTC:JAPSY) is considering replacing its older Boeing Co. (NYSE:BA) 737 short-haul fleet with more modern and fuel-efficient models, Bloomberg reported, citing people familiar with the matter. The airline operates 45 of the 737 jets with an average age of about 12.5 years and is currently deciding between the 737…

Benzinga

Triumph Interiors Bags Contract From Mammoth Freighters

Triumph Group Inc's (NYSE:TGI) Interiors business has secured a contract from Mammoth Freighters for composite air distribution ducts on the Boeing Co (NYSE:BA) 777 Passenger to Freighter (P2F) conversions. Financial terms were not disclosed. Triumph Interiors will provide manufacturing and engineering support services for the Mammoth Freighters' re-designed air distribution ducting system in the cargo…

Bangkok Post

What's Holding Back Boeing's 787 Dreamliner?

After debuting in 2011, Boeing Co.'s 787 Dreamliner has become popular among the world's airlines. But heightened scrutiny both inside and outside the company in recent years has revealed a number of production flaws and largely prevented it from delivering new Dreamliner jets for nearly two years.

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