The Latest Breaking News from Boeing Co

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.

Tribune News Service · Sep 22, 2022

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…

Tribune News Service · Aug 17, 2022

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.

Los Angeles Times · Aug 11, 2022

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.

Bangkok Post · Jun 27, 2022

Boeing Says Supply Chain Issues To Persist Through Majority Of 2023

Boeing Co (NYSE:BA) expects supply chain problems to persist almost until the end of 2023, led by labor shortages at mid-tier and smaller suppliers, partly due to the faster-than-expected return of demand, reported Reuters, citing BA's chief executive on Wednesday. "The shift from demand to now supply issues ... is remarkable, the…

Benzinga · Jun 22, 2022

Boeing Reaffirms Commitment To HBCUs

Boeing Co (NYSE:BA) and the Thurgood Marshall College Fund (TMCF) entered a new $8 million, multi-year partnership to support the development of future technical talent. The Boeing l TMCF partnership renewal supports campus recruitment initiatives, career immersion activities, TMCF Leadership Institute programming, and student scholarships at Historically Black Colleges and Universities (HBCUs) through…

Benzinga · Jun 17, 2022

Citi Turns Bullish On Boeing - Read Why

Citi analyst Charles J Armitage upgraded the aerospace and defense firm Boeing Co (NYSE:BA) to Buy/High Risk from Neutral and lowered the price target to $209 (implying an upside of 56.3%) from $219. The analyst seeks to value Boeing on the assumption that the (significant) medium-term risks can be mitigated while also quantifying those risks.…

Benzinga · Jun 16, 2022

Boeing Now Has a Liaison To Raise Concerns For Employees Who Work On Behalf Of FAA: WSJ

Boeing Co. (NYSE:BA) has appointed Mark Fava as its new ombudsperson for employees working on behalf of the Federal Aviation Administration, reported WSJ. Fava is a former U.S. Navy officer and airline operations official. According to a Boeing representative, Fava has recently concentrated on regulatory issues concerning the company's commercial…

Benzinga · Jun 16, 2022

Why Boeing Stock Is Flying Today

Boeing Co (NYSE: BA) shares are trading higher Wednesday after China Southern Airlines reportedly conducted test flights with a Boeing 737 MAX.

Benzinga · Jun 15, 2022

Boeing Shares Take Off After China Southern Airlines Test Flight

 

Benzinga · Jun 15, 2022