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The Latest Breaking News from Boeing Co

US Takes Enforcement Actions Against Russian Airlines On Export Violations

The U.S. Commerce Department issued orders denying the export privileges for Aeroflot, Azur Air, and UTair, stating that the three Russian airlines violated American export controls imposed on Russia in the wake of the Ukraine war. The decision comes after the U.S. identified more than 170 Boeing Co (NYSE:BA) planes used by Russian airlines…

Benzinga

Boeing Partners With Microsoft, Amazon, Google For Cloud Services

Boeing Co (NYSE:BA) is deepening its strategic relationship with Microsoft Corp. (NASDAQ:MSFT) to drive its digital transformation. Boeing will use the Microsoft Cloud and its AI capabilities to upgrade its technology infrastructure and mission-critical applications with intelligent new data-driven solutions, opening up new ways of working, operating, and conducting business. Boeing also expanded its relationship with Amazon.com, Inc. (NASDAQ:AMZN)…

Benzinga

Air Lease Orders 32 Boeing 737 MAX Jets

Air Lease Corp (NYSE:AL) expanded its airplane portfolio with an order for 32 additional 737-8 and 737-9 jets with Boeing Co (NYSE:BA). Financial terms not disclosed. "Following our memorandum of understanding with Boeing in February for these 32 737 MAX aircraft, we are pleased to announce the signing of this definitive purchase agreement," said CEO…

Benzinga

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US investigators head to China to assist in 737 crash probe

WASHINGTON — The U.S. National Transportation Safety Board is helping Chinese officials download a cockpit voice recorder that was damaged in the mysterious crash of a Boeing Co. 737 jetliner on March 21, the agency said Friday.

Tribune News Service

Parker-Hannifin Set To Gain EU Antitrust Approval For Meggitt Deal: Reuters

Parker-Hannifin (NYSE:PH) is set to gain EU antitrust clearance for its $8.3 billion bid for Britain's Meggitt plc (OTC:MEGGF) after offering to sell a U.S. factory to address competition concerns, Reuters reported, citing people familiar with the matter. Related: Parker-Hannifin To Acquire Meggitt For ~£6.3B The report noted that PH submitted its offer to the…

Benzinga

What's Going On With Boeing Shares This Week?

Boeing Co (NYSE: BA) shares are trading slightly higher for the week after pulling back with the broader market on Thursday. The stock was up as much as 5% earlier this week, but it's continuing to trade lower Friday morning.

Benzinga

Triumph Secures Contract Extension For 787 Cargo Door Actuation System

Triumph Group Inc (NYSE:TGI) facility in Clemmons, North Carolina, Actuation Products & Services, has extended a contract with a major European aerostructures provider to supply a Boeing Co (NYSE:BA) 787 Cargo Door Actuation System. Financial terms were not disclosed. Designed, integrated, qualified, and manufactured by Triumph, the product line complements a portfolio of cargo door…

Benzinga

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ASL Orders Up To 20 Additional 737-800 Boeing Converted Freighters

ASL Aviation Holdings has agreed with Boeing Co (NYSE:BA) to order up to 20 additional 737-800 Converted Freighters (BCF). The agreement constitutes 10 firm orders and 10 purchase rights. Financial terms were not disclosed. The order brings ASL's total 737-800BCF orders and commitments with Boeing to 40 aircraft. Boeing will convert the aircraft at…

Benzinga

Boeing Stock Rises 5% In A Week: What's Going On?

Boeing Co (NYSE: BA) closed Wednesday's regular session up 0.54% at $194.85 on average volume, according to data from Benzinga Pro. The stock has rallied over the last week, up nearly 5% over a five-day period. So what's going on?

Benzinga

Morning Brief: Top Stories Dominating Financial Media on Friday, March 25

Benzinga

Why Boeing Is On the Radar Of Retail Investors Today

Boeing Co. (NYSE: BA) is seeing high interest on Reddit’s r/WallStreetBets forum as of early Tuesday. What Happened: The stock is in the fourth position among the most-discussed stock on the forum with 106 mentions at press time, data from Quiver Quantitative showed.

Benzinga

9 Aircraft Industry Stocks Other Than Boeing

A Boeing Co (NYSE: BA) 737-800 carrying 132 passengers operated by China Eastern Airlines went down while flying over the Guangxi region in China Monday morning.

Benzinga

Boeing’s tenuous recovery in china shaken by 737 jet crash

Boeing Co. faces a new crisis after a 737 jet fell out of the sky in China, renewing concerns about its best-selling family of planes and extending one of the most turbulent periods in the aviation titan’s century-long history.

Tribune News Service

Markets See Mixed Day Amid Rising Oil Prices, Treasury Yields

U.S. indices finished lower Monday as stocks pulled back from last week’s rally. A drop in Boeing Co (NYSE: BA) following a 737 crash, a rise in oil prices and a rise in yields all had an impact on market sentiment.

Benzinga

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Parker-Hannifin Offers Remedies In Bid For EU Clearance Of Meggitt Deal: Reuters

Parker-Hannifin Corp (NYSE:PH) has offered remedies to secure EU antitrust approval for its £6.3 billion bid for British rival Meggitt plc (OTC:MEGGF), reported Reuters. Related: Parker-Hannifin To Acquire Meggitt For ~£6.3B The EU competition enforcer extended its deadline for a decision to April 11 from March 28. The regulator will seek feedback from rivals and customers…

Benzinga

Boeing In Talks With Delta On Landmark Order: Reuters

Boeing Co (NYSE:BA) is nearing a deal to receive an order from Delta Air Lines Inc (NYSE:DAL) for up to 100 of its 737 MAX 10 jets, Reuters reported, citing people familiar with the matter. The report added that if the deal goes through, this would be the first order from Delta for Boeing's single-aisle…

Benzinga

Is Boeing Ready For Takeoff? Why This Investor Bought More Stock

With Boeing Co (NYSE: BA) shares down about 12% year-to-date, Hightower Advisors' Stephanie Link stepped in and bought more.

Benzinga

Caribbean Airline Arajet Orders 20 Boeing 737 MAX Jets

Boeing Co (NYSE:BA) received an order for 20 737 MAX airplanes, specifically the high-capacity 737-8-200 model, from Arajet, a new Caribbean airline. Financial terms not disclosed. Arajet has options to purchase 15 additional 737 MAX jets, taking the airline's new fuel-efficient fleet to 40 airplanes. The aircraft order was finalized in January and…

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Benzinga

Boeing Tests Suppliers On 787 Output Hikes: Reuters

Boeing Co (NYSE:BA) is said to be testing suppliers' capacity to meet 787 Dreamliner output scenarios as high as seven a month by end-2023, Reuters reported, citing three people with knowledge of the matter. Boeing has discussed ambitious scenarios with parts makers as it surveys an industry crippled by successive crises and…

Benzinga

US Federal Aviation Administration Finalizes Boeing 777 Safety Directives After Fan Blade Failures: Reuters

The Federal Aviation Administration (FAA) finalized three safety directives for some grounded Boeing Co (NYSE: BA) 777 planes with Raytheon Technologies Corp's (NYSE: RTX) Pratt & Whitney 4000 engin

Benzinga

Airbus Delivers 49 Commercial Aircraft In February

Airbus SE (OTC:EADSY) has delivered 79 aircraft to 38 customers year-to-date, with 49 deliveries registered in February. Airbus recorded 149 gross orders year-to-date, of which 113 were ordered in February. Total net orders stood at 55 after 94 cancellations. In February, rival Boeing Co (NYSE:BA) delivered 22 airplanes and booked gross orders for 37 planes. Also Read: Boeing…

Benzinga

Boeing Registers 22 Aircraft Deliveries In February

Boeing Co (NYSE:BA) delivered 22 airplanes in the month of February compared to 32 in January. Deliveries of the 787 Dreamliner have been paused for several months. Boeing delivered 20 of its 737 Max planes in February versus 29 in January. The company booked gross orders for 37 planes (versus 77 in January),…

Benzinga

Boeing And Airbus's Paths Diverge On Buying Titanium From Russia — Will The Supply Woes Worsen?

Boeing Co (NYSE: BA) has suspended buying titanium from Russia since the country invaded Ukraine, The Wall Street Journal reported on Monday, citing a spoke

Benzinga

Boeing Suspends Purchase Of Titanium From Russia: Report

Boeing Co (NYSE:BA) has suspended buying titanium from Russia. This step might have ramifications for the company's relationship with its largest commodity supplier, VSMPO-Avisma, a Russian titanium producer, reported Reuters. "Our inventory and diversity of titanium sources provide sufficient supply for airplane production, and we will continue to take the right steps…

Benzinga

BOC Aviation Purchases 11 Boeing 737 MAX 8 Aircraft

BOC Aviation, a global aircraft operating leasing company, has agreed to purchase 11 new 737 MAX 8 aircraft from Boeing Co (NYSE:BA). Financial terms were not disclosed. The aircraft will be leased to Lynx Air on long-term leases and will be powered by CFM LEAP-1B engines and are scheduled for delivery in 2023 and…

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