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The Latest Breaking News from Boeing

Why Boeing's Stock Could Be Headed To $260 If This Pattern Dominates

Boeing Co (NYSE: BA) spiked up about 1.5% higher on Thursday morning before rejecting from a descending trendline that has been holding the stock down since Feb. 10.

Benzinga

90 SpiceJet pilots' Max training: DGCA issues showcause to airline & training firm

NEW DELHI: The Directorate General of Civil Aviation (DGCA) has issued showcause notices to SpiceJet and a Noida-based approved training organisation (ATO) for training 90 pilots on a Boeing 737 MAX simulator (sim) with an inoperative vital part.

The Times of India

EgyptAir Resumes Flights to Benghazi

EgyptAir announced that it would operate daily direct flights between Cairo and the Libyan city of Benghazi starting on 18 April this year, after an 11-year suspension due to the deteriorating security situation following the "revolution" that ousted the late President Muammar Gaddafi. The Libyan authorities allowed the resumption of…

Asharq Al-Awsat

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Your package was delivered on time? You've got this supply chain workaround to thank

If your seafood is fresher and your online order arrives on time, thank the pandemic: Supply-chain disruptions are actually getting some things delivered faster.

Los Angeles Times

Why India Has Barred 90 Pilots From Flying Boeing's 737 Max

India's civil aviation regulator has barred 90 pilots of the country's second-largest private airline from flying Boeing Co's (NYSE: BA) 737 Max aircraft.

Benzinga

DGCA bars 90 SpiceJet pilots from flying Boeing 737 Max planes

The aviation regulator’s move comes after finding them not properly trained.

The Hindu

Sanctions on Russia force Boeing order revision, while ongoing 787 halt reduces jet deliveries

In the monthly update of its jet orders and delivery data released Tuesday, Boeing removed orders for 141 jets from the official backlog — most of which were planes formerly destined to be flown in Russia, where ultimate delivery is now in doubt because of international sanctions.

Tribune News Service

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AerCap Leased, Purchased And Sold 157 Aircraft In Q1

AerCap Holdings N.V. (NYSE:AER), in the first quarter of 2022, signed 102 lease agreements, including 14 widebody aircraft, 62 narrowbody aircraft, 2 regional jets, 8 engines, and 16 helicopters. AER completed 25 purchases for 23 aircraft and 2 engines. The aircraft purchased included 15 Airbus A320neo Family aircraft, 1 Airbus A220 aircraft,…

Benzinga

Air Lease Registers Q1 Aircraft Investments Of $490M

Air Lease Corp (NYSE:AL) provided an update on aircraft investments, sales, and new significant financing for Q1 of 2022. The fleet consisted of 391 owned aircraft and 93 managed aircraft as of March 31, 2022, with 451 new aircraft on order from Boeing Co (NYSE:BA) and Airbus SE (OTC:EADSF) (OTC:EADSY) set to deliver through 2028. Air Lease…

Benzinga

United adding 1,000 jobs in local hiring binge

The carrier plans a career fair Wednesday at the United Center.

Chicago Sun-Times

Honeywell Looks For More Suppliers To Support Boeing, Airbus Aircraft Targets: Reuters

Honeywell International Inc (NASDAQ:HON) is exploring adding more suppliers as it prepares to meet higher demand from Boeing Co (NYSE:BA) and Airbus SE (OTC:EADSY), which are ramping up production to cater to a surge in air travel, Reuters reported. Honeywell, which manufactures everything from engines to cockpit components, is working to diversify its supplier base of…

Benzinga

BOC Aviation Orders 80 New Airbus A320NEO Family Aircraft

BOC Aviation Limited (OTC:BCVVF) has agreed to purchase 80 new Airbus A320NEO family aircraft from Airbus SE (OTC:EADSY). Financial terms were not disclosed. The company expects aircraft deliveries to occur between 2027 and 2029. “This is the largest single order that we have ever placed and it will bring our total Airbus aircraft purchased since…

Benzinga

Glasgow AV geeks track US Air Force Globemaster as it scoots over city

The huge Boeing C-17A Globemaster was on its way to Glasgow Prestwick after departing RAF Leuchars near St Andrews this morning, and flew above the city at 7,750 ft.

Glasgow Live

Rajnath Singh meets executives of US aerospace giants Boeing and Raytheon

WASHINGTON: Defence minister Rajnath Singh has met senior executives of American aerospace and defence majors Boeing and Raytheon and asked them to take advantage of policy initiatives in India to steadily march from ‘Make in India' towards ‘Make for the World'.

The Times of India

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Asharq Al-Awsat

Saudi Sovereign Wealth Fund Announces Joint Venture with Boeing

SAMI group, a wholly owned subsidiary of the Public Investment Fund and the Kingdom’s national defense localization champion, has announced a preliminary agreement with Boeing. Under the terms of the agreement, both companies will enter into a Kingdom-focused joint venture. The announcement was made at a signing ceremony during the…

Glasgow Live

Glasgow residents spot US Air Force Osprey military aircraft flying over the city

The Bell Boeing V-22 Osprey was spotted in the sky over the city on Friday with eagle-eyed residents noting its helicopter-style rotors and plane-like fuselage.

Benzinga

Looking At Boeing's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Boeing (NYSE:BA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Boeing 757 Operated By DHL Splits Into Two During Emergency Landing

A 757 cargo jet manufactured by The Boeing Company (NYSE: BA) and operated by Deutsche Post AG’s (OTC: DPSGY) (OTC: DPSTF) DHL split into two upon ma

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Asharq Al-Awsat

US Bans Exports to Three Russian Airlines for Sanctions Violations

The US government has banned exports to Russian state airline Aeroflot as well as two other carriers for flying aircraft in violation of sanctions, the Commerce Department said Thursday. Washington warned last month that the carriers had gone against penalties imposed on Moscow over its invasion of Ukraine by flying…

Bangkok Post

THAI gets more planes

Thai Airways International (THAI) will add three Boeing 777-300ERs to its fleet this month in order to meet the growing demand for flights, following relaxed travel restrictions.

Bangkok Post

Leased 777-300ERs to join THAI's fleet

Thai Airways International (THAI) will add three Boeing 777-300ERs to its fleet this month in order to meet the growing demand for flights, in light of the relaxed travel restrictions.

Benzinga

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

Morning Brief: Top Stories Dominating Financial Media on Thursday, April 7

Reuters Here’s Why HP Shares Are Trading Higher Premarket

The Independent UK

Air France pilot says plane ‘went nuts’ before aborted landing, reveals cockpit audio

‘The airplane is pretty much going nuts,’ said pilot before performing a go-around

Benzinga

Boeing 737 MAX Lands In China Amid Uncertainty Over Model's Return: Reuters

A Boeing Co (NYSE:BA) 737 MAX intended for China Eastern Airlines (NYSE:CEA) subsidiary Shanghai Airlines landed in Shanghai on Thursday, according to flight-tracking websites, amid uncertainty about when the model will resume flying in China, reported Reuters. Flight BOE631 from Guam came more than three weeks after the first 737 MAX bound for a Chinese…

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