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The Latest Breaking News from Boeing

Its jet programs stalled, Boeing accentuates the positive ahead of the year's big air show

As the year's biggest aviation event approaches, with Boeing facing the prospect of a spotlight on the problems besetting its commercial jet programs and public criticism of its management by leading customers, the company opened up a little this week to highlight the positives.

Tribune News Service

What Are Whales Doing With Boeing

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 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

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Israel 'Concerned' over Iran Airlines 'Activities' in LatAm

The Israeli embassy in Buenos Aires said Thursday it was "concerned" over the activities in Latin America of two Iranian airlines and hailed Argentina's grounding last week of a plane with Iranian crew. The Boeing 747 cargo plane, reportedly carrying car parts, has been held at an Argentine airport since…

Asharq Al-Awsat

3 Things You Need To Know Today

Daily Market News

Benzinga

4 Defense Stocks to Buy With Rising Geopolitical Tensions

The rising geopolitical tensions in eastern Europe have led to increased defense spending in the United States. Moreover, with new members joining NATO, American defense contractors are expected to benefit. Hence, prominent defense stocks Lockheed Martin (LMT), Northrop Grumman (NOC), Boeing (BA), and Raytheon (RTX) might be the ones to…

StockNews.com

This Is What Whales Are Betting On Boeing

A whale with a lot of money to spend has taken a noticeably bearish stance on Boeing. Looking at options history for Boeing (NYSE:BA) we detected 20 strange trades.

Benzinga

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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

9 Analysts Have This to Say About Boeing

Within the last quarter, Boeing (NYSE:BA) has observed the following analyst ratings:

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

FAA says future planes will need to reduce carbon emissions

The Biden administration is proposing to require that future airplanes produce lower levels of greenhouse gas emissions before they can be certified

The Independent UK

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

Priti Patel wants another Rwanda flight in WEEKS despite pleas for her to wait

Home Secretary Priti Patel is drawing up plans for another Rwanda flight for asylum seekers within weeks - and sources insisted it could come before a full High Court hearing into whether the policy is legal

Daily Mirror

Priti Patel undeterred despite late grounding of Rwanda deportation flight

The Home Secretary described the European Court of Human Rights intervention as ‘very surprising’.

The Independent UK

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Chicago Tribune

Caterpillar to move headquarters to Texas, marking second major corporate departure from Illinois in 6 weeks

Less than six weeks after defense contractor and airplane-maker Boeing announced it would move its global headquarters out of downtown Chicago, leaders of another major corporation are set to leave the region.

Tribune News Service

Boeing still lags Airbus in jet orders and production, may soon resume 787 deliveries

Monthly data from Airbus and Boeing for May shows the European giant still ahead of its U.S. rival in orders for the year and well ahead in production.

The Independent UK

Plane suspected to be flying refugees to Rwanda lands at Wiltshire military base

The Boeing 767 landed at MoD Boscombe Down on Tuesday morning.

Asharq Al-Awsat

Argentina Seizes Passports of Grounded Plane's Iranian Crew

Five Iranian crew of a cargo plane grounded in Argentina since last week have had their passports temporarily seized pending a probe into possible links to Iran's Revolutionary Guards, officials said Monday. A judge on Monday ordered their travel documents held for an additional 72 hours after Security Minister Anibal…

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The Guardian - UK

Dutch group targets hydrogen-fuelled commercial flight in 2028

Consortium plans to adapt turboprop aircraft with 40-80 seats to run on environmentally friendly fuel

Benzinga

Why Shares Of The Boeing Company Are Trading Lower

Boeing Company (NYSE: BA) shares are trading lower Monday alongside several companies in the broader industrials sector amid overall weakness as stocks continue to sell off following worse-than-expected May CPI data.

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

Murder-suicides by pilots are vexing airlines as deaths mount

For decades, commercial airline travel has gotten progressively safer. But one cause of deaths has stubbornly persisted: pilots who intentionally crash in murder-suicides.

Reuters

Argentina grounds Iran-linked Venezuelan cargo plane, lawmakers seek probe

Argentine authorities have grounded an Iran-linked Venezuelan Boeing 747 cargo plane, a local opposition lawmaker and Iranian state media said on Sunday, in an unfolding drama that is throwing a spotlight on political undercurrents in Latin America.

The Hindu

India in talks for more Apache, Chinook choppers: Boeing official

F/A-18 E/F Super Hornet fighter has distinct advantages over Rafale-M, says Boeing vice-president Torbjorn Sjogren

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.

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