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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

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

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

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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.

Tribune News Service

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.

Bangkok Post

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…

Benzinga

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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

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

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

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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.

Tribune News Service

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.

Benzinga

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…

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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…

Bangkok Post

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.

Benzinga

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

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

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