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The Latest Breaking News from Boeing Co

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

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

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

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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

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

Boeing Shares Take Off After China Southern Airlines Test Flight

Benzinga

Boeing Shares Drop 8% As Investors Brace For Another Disappointing Monthly Delivery Number

Boeing Co. (NYSE: BA) shares dropped 8% on Monday and are now down more than 52% in the past year ahead of what will likely be another lackluster monthly delivery number expected out on Tuesday, June 14.

Benzinga

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Trump’s Air Force One deal pains the Pentagon, not just Boeing

The fixed-price contract for the new Air Force One that Donald Trump talked Boeing Co. into signing hasn’t just caused the $1.5 billion in cumulative losses so far that the company’s CEO has lamented. It has also created headaches for the Air Force.

Tribune News Service

Why Boeing Shares Are Falling Today

Boeing Co (NYSE: BA) shares are trading lower by 4.44% to $127.79.

Benzinga

United Airlines Adds New Transpacific Destination - Guess Where?

United Airlines Holdings Inc (NASDAQ:UAL) plans a year-round, nonstop service between San Francisco and Brisbane starting in October. Because of the airline's new collaboration with Virgin Australia, United customers will be able to conveniently connect to nearly 20 other cities within Australia from Brisbane. United's new Brisbane service will operate three times weekly…

Benzinga

TriMas Aerospace Bags Boeing T-7A Defense Contract

TriMas Corp (NASDAQ:TRS) has secured multi-year contracts from Boeing Co (NYSE:BA). The financial terms were not disclosed. TriMas Aerospace's RSA Engineered Products (RSA) business was awarded several components used in fluid conveyance applications, more specifically within the air ducting system, by Boeing for its T-7A Red Hawk training jet program. "We are proud…

Benzinga

Boeing Supply Chain Snarls 737 MAX Production, Deliveries

Supply-chain snags led Boeing Co. to recently pause 737 MAX production for about 10 days, people familiar with the matter said, complicating the plane maker's ability to satisfy airlines' demand for new aircraft.

Bangkok Post

What's Going On With Boeing Stock?

Boeing Co (NYSE: BA) shares are trading significantly higher Thursday on above-average volume.

Benzinga

Boeing's Starliner Spacecraft Returns To Earth

After undocking from the International Space Station, Boeing Co. (NYSE: BA) spacecraft landed in the desert on Wednesday, marking the end of a test mission that was first attempted more than two years ago,

Benzinga

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Benzinga

Boeing's Starliner Spacecraft Rockets Towards International Space Station

Boeing Co. (NYSE: BA) spacecraft blasted into orbit and began racing toward the International Space Station, despite facing an issue with two of the thrusters the vehicle uses,

Benzinga

BofA Cuts Boeing Target On Higher Risk Profile

Boeing Co (NYSE: BA) could face several “unexpected” challenges in the near term, according to BofA Securities. The Boeing Analyst: Ronald Epstein reiterated a Neutral rating on Boeing, while trimming the price target from $180 to $150.

Benzinga

Key Boeing China Customer Said To Have Scrapped Over 100 Jets From Delivery Plans

Key Boeing Co (NYSE: BA) customer China Southern Airlines Co has removed more than 100 of its 737 MAX jets from its fleet plans due to uncertainty over deliveries, Bloomberg News

Tribune News Service

Boeing’s top Chinese customer removes 737 Max from fleet plans

Boeing Co.’s biggest airline customer in China has removed more than 100 of the US manufacturer’s 737 Max jets from its fleet plans, citing uncertainty over deliveries.

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Benzinga

Ryanair CEO Thinks Boeing Management Needs A Reboot: CNBC

Ryanair Holdings plc (NASDAQ:RYAAY) CEO Michael O'Leary following the FY22 results, told CNBC that the company had been "very disappointed with the performance" of Boeing Co (NYSE:BA) from a commercial perspective over the last 12 months. Related: Ryanair FY22 Loss Narrows, Expects To Return To Profitability In FY23 O'Leary called for a shakeup of management at…

Benzinga

Boeing Shares Fall To 52-Week Lows: What's Going On?

Boeing Co (NYSE: BA) shares are trading lower Thursday and have fallen about 20% over the last week.

Benzinga

Lufthansa Orders For Boeing's New 777-8 Freighters, Additional 787s

Lufthansa Group (OTC:DLAKY) plans to continue its strategic decision to strengthen Lufthansa Cargo with an order for seven Boeing Co (NYSE:BA) 777-8 Freighters, the fuel-efficient twin-engine freighter. Lufthansa also placed a new order for two 777 Freighters to add to its cargo fleet, providing extra cargo capacity in the near term until the delivery of…

Benzinga

Why Boeing Shares Are Falling

Boeing Co (NYSE: BA) shares are trading lower Monday alongside several companies in the broader industrial sector amid overall market weakness as stocks continue to sell off following last week's Fed rate hike decision.

Tribune News Service

Boeing’s Max 10 regulatory delays threaten $16 billion bonanza

Boeing Co. may be moving to Washington, but right now it needs Washington to move.

Benzinga

Boeing Will Shift Base To Arlington As It Seeks Closer Ties With Washington

Boeing Co (NYSE: BA) on Thursday said it would shift its corporate headquarters to Arlington, Virginia from Chicago, Illinois — a move that would help its senior management and other key members get closer to decision-makers at the White House.

Benzinga

Spirit AeroSystems Clocks 30% Revenue Growth In Q1

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) reported first-quarter revenue growth of 30% year-over-year to $1.18 billion, beating the consensus of $1.09 billion. This increase reflects higher production deliveries on the Boeing Co (NYSE:BA) 737, Airbus SE (OTC:EADSY) A220, and Airbus A320 programs and increased Aftermarket revenue, partially offset by lower production volume on the Boeing 787 program.…

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