All Boeing Articles
Boeing’s August Plane Deliveries Hit Lowest Point Since April – $BA $DIA $SPY $LTRN
As per reports, in August, Boeing (BA) delivered 35 planes, its lowest since April, due to efforts to fix a manufacturing defect in the 737 MAX. They delivered 344 planes in the first eight months of 2023, improving over the pandemic-affected previous year. In comparison, Airbus delivered 433 aircra...
Sep 12, 2023
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Boeing & ACG Seal Deal For Additional 13 737 MAX Aircraft To Meet Growing Demand – $BA $DIA $SPY $LTRN
Reportedly, Boeing (BA) and Aviation Capital Group LLC (ACG) jointly announced that ACG has concluded a purchase agreement for an additional 13 737 MAX airplanes. This move expands ACG's existing order for 737 MAX aircraft to a total of 47. The latest order includes seven 737-8 and six 737-10 aircr...
Sep 13, 2023
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Boeing Introduces Cascade: A Data Modeling Tool For Zero Aviation Emissions By 2050 – $BA $DIA $SPY $BRQS
Reportedly, Boeing Co. (BA) announced the introduction of Cascade, a data modeling tool designed to assist airlines and policymakers in determining the most efficient path to achieve zero aviation emissions by 2050. Cascade, which was initially unveiled as a beta version in July 2022, enables users...
May 21, 2023
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Boeing To Report Q1 2023 Earnings & Host Conference Call On April 26th – $BA $DIA
Reportedly, aeropsace giant, Boeing (BA) is to release its first quarter earnings of 2023 on Wednesday, April 26th, followed by a conference at 10:30 a.m. ET, same day. Interested parties can join the conference call at https://events.q4inc.com/attendee/156333540 or by dialing 1-877-336-4436 within...
Apr 10, 2023
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Boeing Secures $2.5 Billion Deal To Sell 21 737 MAX Jets To Japan Airlines – $BA $DIA $INVO
Boeing Co (BA) has reportedly secured a deal with Japan Airlines Co (JAL) to sell 21 of its 737 MAX jets for a minimum of $2.5 billion at list prices. This marks JAL's first order for the 737 MAX, as the airline mainly operates Boeing aircraft, including the 737-800 as its primary narrowbody plane. ...
Mar 23, 2023
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Boeing, SpaceX, Netflix Join +50 US Companies On Business Mission To Vietnam – $BA $TSLA $NFLX $INVO
Reportedly, more than 50 companies, including aerospace manufacturers Boeing (BA), Lockheed Martin, and Bell, along with Netflix, SpaceX, and others, will participate in the "biggest-ever" U.S. business mission to Vietnam, organized by the US-ASEAN Business Council. The delegation aims to discuss in...
Mar 22, 2023
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Boeing Expects Aircraft Financing To Rebound In 2023 – $BA $DIA $INVO
Reportedly, Boeing Co. (BA) has announced that it anticipates commercial aircraft financing to recover and approach pre-pandemic levels in 2023, indicating a robust industry outlook. Boeing regularly evaluates aircraft financing trends and has observed a rise in interest from financiers and investor...
Mar 15, 2023
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Saudi Arabia Commits To 78-Boeing Dreamliner Deal For New Airlines – $BA $DIA $INVO
According to recent reports, Saudi Arabia is set to purchase 78 Boeing Co. (BA) 787 Dreamliners as part of a plan by Crown Prince Mohammed Bin Salman to rejuvenate the country's national airline and establish a new international carrier that will challenge the likes of Emirates and Qatar Airways. Un...
Mar 15, 2023
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Boeing & Shield AI Partner To Enhance Military Use Of Autonomous Aircraft Software Via AI Tech- $BA $DIA $INVO
Reportedly, Boeing Co. (BA) and Shield AI Inc. have entered into a partnership aimed at accelerating the military utilization of Shield AI's autonomous aircraft software and exploring other defense applications for the AI technology. Shield AI's Hivemind software is a unique self-driving AI pilot fo...
Mar 13, 2023
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Boeing & Airbus Team Up To Compete For Royal Air Force & British Army Helicopter Contract – $BA $DIA $INVO
Reportedly, two major airplane manufacturers, Boeing Co. (BA) from the United States and Airbus SE from Europe, have joined forces to compete for a contract from the UK government. This contract is for the provision of helicopters to the Royal Air Force and the British Army to replace the aging flee...
Mar 08, 2023
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Boeing CEO Misses Bonus Target Due to 777X Service Entry Delay – $BA $DIA $INVO
Reportedly, Boeing (BA) has denied CEO Dave Calhoun a bonus of $7 million due to the company's inability to put the 777X into service by the end of 2023. Calhoun had been offered this incentive when he took over as CEO in January 2020 and had to meet seven milestones by the end of this year. However...
Mar 08, 2023
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Boeing Seeking To Elect SUEZ SA CEO Sabrina Soussan To Board At Annual Meeting On April 18 – $BA $DIA $INVO
Reportedly, the board of Boeing Company (BA) announced that it has nominated Sabrina Soussan as a new director at the company's upcoming annual meeting of shareholders. Soussan currently serves as chair and CEO of SUEZ SA, a Paris-based global utility company specializing in water and waste manageme...
Mar 03, 2023
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Boeing Announced Production Halt Of “Top Gun: Maverick” Featured Fighter Jets – $BA $DIA $INVO
Reportedly, Boeing Co (BA) is planning to halt production of the F/A-18 Super Hornet in late 2025, as it delivers the last of the fighter jets. The aerospace giant is shifting focus to winning the race for the sixth-generation of combat aircraft and is planning to hire more workers and build three...
Mar 02, 2023
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Boeing To Offer CEO Dave Calhoun ~$5.3M Retention Grant – $BA $DIA
As per reports, Boeing (BA) is offering CEO Dave Calhoun an incentive worth approximately $5.29 million to push him to stay throughout the company's recovery from the crises of the COVID-19 pandemic and two deadly 737 MAX crashes that led to the fleet’s grounding incurring consecutive losses. On F...
Feb 22, 2023
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Boeing To Set Up Logistics Centre In India Improving Availability Of Parts – $BA $DIA $INVO
Reportedly, Boeing Co (BA) is planning to invest about $24M in setting up a logistics center in India for civilian aircraft, in an effort to speed up the availability of spare parts to domestic airlines. The setting up of the new center is expected to improve airplane availability and reduce flight ...
Feb 15, 2023
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Boeing Charitable Trust Donates To Relief Efforts For Earthquake In Turkey – $BA $DIA $INVO
As per reports, the Boeing Company (BA) announced a $500,000 USD donation from the Boeing Charitable Trust to assist with the relief efforts after the devastating earthquake in Turkey. The amount will be directed through the American Red Cross and designated for earthquake recovery and relief effort...
Feb 13, 2023
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Boeing Cut Jobs In Finance & HR To Focus More On Production – $BA $DIA $ATOS
Reportedly, Boeing Co (BA) expects to cutback on about 2,000 white-collar jobs this year in human resources and finances through a combination of attrition and layoffs. The company announced it would hire 10,000 workers in 2023 after hiring 15,000 people in 2022, but some support positions would be ...
Feb 09, 2023
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Boeing Releases Q4 Earnings – $BA $DIA $INVO
Reportedly, Boeing (BA) posted a $663 million loss for the fourth quarter as supply chain issues lingered on results despite a rise in aircraft sales and deliveries pushing up revenue. For the full year, Boeing posted a loss of $5 billion despite a 7% increase in revenue to $66.6 billion. Fourth Qu...
Feb 09, 2023
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Head Of Certification Airbus Withdraws From U.S. FAA Boeing Safety Culture Panel – $BA $DIA $INM $ATOS
As per reports, the European planemaker Airbus has withdrawn from a U.S. government-named panel reviewing Boeing’s (BA) safety processes and how they influence Boeing's safety culture after two fatal 737 MAX crashes killing 346 people. The Federal Aviation Administration (FAA) panel included James...
Jan 22, 2023
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FAA Names Experts To Review Boeing’s Safety Features & Report Findings – $BA $DIA $INM $ATOS
As per reports, the Federal Aviation Administration, U.S. has listed 24 experts to review Boeing’s (BA) safety management processes and how they influence the aerospace giant's safety mechanism after two fatal 737 MAX crashes that killed 346 people onboard. The panel, which was required by Congres...
Jan 20, 2023
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Boeing Schedules Q4 Earnings Conference Call For Jan. 25 – $BA $DIA $INVO
As per reports, Boeing (BA) Company is to release its fiscal fourth quarter 2022 results on Wednesday, January 25th. David Calhoun, President, and CEO along with Executive Vice President and CFO Brian West to discuss and review the results during a conference call at 10:30 a.m. ET followed by the re...
Jan 13, 2023
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Boeing’s 777X To Resume Testing After Engine Inspection Halt – $BA $DIA $INVO
Reportedly, Boeing (BA) resumed flight testing of its 777X jets after an inspection in October identified an engine issue. Under development since 2013, the 777X (also known as 777-9) is a larger version of the 777 wide-body jet. Last month, when GE was reviewing a technical issue that occurred dur...
Dec 30, 2022
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Boeing’s Last Widebody 747-8 Freighter Leaves Everett Factory To Atlas Air – $BA $AAWW $DIA $INVO
Reportedly, aerospace giant Boeing (BA) has completed the delivery of its last widebody, 747-8 Freighter in advance of its delivery to Atlas Air (AAWW) which is due next year. The aircraft has marked a name in the history of aerospace leadership. The 747-8 Freighter model has a revenue payload of 13...
Dec 08, 2022
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Air India To Order New Aircrafts, In Talks With Airbus & Boeing – $BA $DIA $INVO
Reportedly, Tata Group-owned Air India is in talks with Boeing (BA) and Airbus about ordering new aircraft and is meeting its immediate needs by leasing planes and repairing grounded aircraft, the airline's chief executive informed. Tata Group-owned Air India is in talks with Boeing and Airbus about...
Nov 21, 2022
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Japan’s Skymark To Acquire Boeing 737 MAX Airplanes – $BA $DIA $INVO
Reportedly, Japan's Skymark Airlines announced plans to add up to 12 Boeing (BA) 737 MAX airplanes as part of its fleet modernization efforts. The carrier intends to order four airplanes including the 737-8 and 737-10 variants with options for two additional jets. "As Skymark Airlines looks to su...
Dec 01, 2022
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Emirates To Add 5 Boeing 777 Freighters To Its Cargo Fleet – $BA $DIA $INVO
As per reports, Emirates has placed an order for five 777 Freighters, valued at more than $1.7 billion at list prices, expanding its all-Boeing (BA) dedicated freighter fleet. The airline was a launch customer for the 777 Freighter and is currently the world’s largest operator of the 777 families,...
Nov 28, 2022
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Boeing Expects Higher Cash Flow In 2023 – $BA $DIA $ATOS $INVO
As per reports, Aerospace giant Boeing Co (BA) expects higher free cash flow as it expects to ramp up deliveries of 737 MAX and 787 jets, informed Chief Financial Officer Brian West. Boeing estimates it will generate $3 billion-$5 billion in free cash flow next year, way higher than the $1.5 billion...
Nov 29, 2022
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Alaska Airlines To Expand & Modernize Its Fleet With 52 Boeing 737 MAX Jets – $BA $DIA $ATOS $INVO
Reportedly, Alaska Airlines has placed an order for 52 Boeing (BA) airplanes expanding its Boeing's 737 MAX fleet along with an option for an additional 42 737-10 and 10 737-9 jets. The airline is focussing to build one of the most sustainable and efficient fleets in the industry, with the addition....
Dec 04, 2022
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Boeing’s Q3 Earnings Disappointed – $BA $DIA $ATOS $INVO
As per reports, Boeing (BA) released third-quarter earnings reporting a wide miss on its earnings line, as defense unit losses weighed against a strong quarter on its commercial side. Boeing reported an adjusted loss of $6.18 per share, due to charges in its Air Force One and KC-46 air tanker projec...
Nov 30, 2022
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Aviation Giant Boeing Reports Q3 2022 Commercial & Defense Deliveries & Results- $BA $DA $INVO
Dow 30 comments and aviation giant Boeing (BA) reported major program deliveries across its commercial and defense operations for the third quarter of 2022 earlier in October, as listed below: Major Programs - 3rd Quarter 2022 Commercial Airplanes Programs 3rd Quarter 2022 Year-to-date ...
Oct 26, 2022
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Boeing Schedules Third-Quarter Release – $BA $DIA $INVO
As per reports, the Boeing Company (BA) is to release its third-quarter 2022 financial results on Wednesday, October 26. President & CEO David Calhoun and Executive Vice President and Chief Financial Officer Brian West will host a conference call that day at 10:30 a.m. ET to discuss the results ...
Oct 25, 2022
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Boeing Gains Orders For 42 MAX 10 Jets From Canada’s WestJet Group – $BA $DIA $INVO
Reportedly, Canada's WestJet Group has placed an order with Boeing Co (BA) for 42 MAX 10 jets in a deal valued at $5.67 billion at list prices. The Calgary-based carrier now has more than 60 firm orders for the 737 MAX jets, Boeing's best-selling single-aisle airplane family. Owned by private equity...
Oct 06, 2022
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Boeing’s August Deliveries Improved – $BA $DIA $INVO
Reportedly, Boeing (BA) jetliner deliveries increased in August to 35 airplanes as the U.S. planemaker resumed handovers of its 787 Dreamliner after a 15-month delay. The monthly deliveries included 27 737 MAX jets, two 787s, and five freighters raising the total MAX deliveries this year to 240 jets...
Sep 29, 2022
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Taiwan’s China Airlines Places Orders For Boeing 787s In A $4.6B Deal – $BA DIA $INVO
As per reports, Taiwan's China Airlines Ltd informed it would buy 16 Boeing Co 787 widebody planes to replace its aging fleet of Airbus A330s. China Airlines informed that the 787s would allow it to phase out its fleet of 22 older A330s. The orders for the 787-9 version include options for eight mor...
Sep 07, 2022
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Boeing Announces Deal With UPS For Eight Additional 767s Freighters – $BA $DIA $INVO
As per reports, Boeing (BA) announced that it has received an order from UPS for eight more 767 Freighters. The additional orders will increase UPS's 767 Freighter fleet to 108 airplanes, enabling Boeing to further modernize and sustainably grow its fleet. Air cargo continues to play a significant ...
Oct 07, 2022
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Boeing To Expand Investments In India – $BA $DIA $INVO
As per reports, Boeing (BA) plans to build on its existing investments in India in defense supply chains and manufacturing areas. The company was offering its F/A-18 fighter jet for sale to India's armed forces and informed the selection of the plane would help boost investments in the country's def...
Oct 03, 2022
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Boeing Recently Delivered Its First 787 Dreamliner Since 2021 – $BA $DIA
Reportedly, Boeing (BA) recently made the first delivery of its 787 Dreamliner, since May 2021, to American Airlines marking a milestone for the planemaker. The Federal Aviation Administration (FAA) had cleared the way for the delivery of the first plane after Boeing halted deliveries in May 2021 af...
Aug 31, 2022
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Boeing Invests In AEI HorizonX’s Second Venture Fund Targeting Aerospace Tech Startups- $BA $DIA
Reportedly, Boeing Co (BA) is set to invest $50M in AEI HorizonX, expanding a partnership established with private equity firm AE Industrial Partners to invest in aerospace technology startups. The new funding will anchor AEI HorizonX's second venture fund (Fund II), which plans to raise $250 millio...
Jul 27, 2022
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Delta Air Lines Orders 100 Boeing 737 MAX 10 Planes (~$13.5B)- $BA $DAL $DIA
Reportedly, Delta Air Lines is to buy 100 Boeing (BA) 737 MAX 10 jets worth about $13.5 billion at list prices with options to buy another 30. The U.S. carrier Delta, which made the announcement at the Farnborough Airshow, informed us it would start taking MAX 10 deliveries in 2025. Delta previously...
Jul 21, 2022
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Boeing’s Record Deliveries Of 51 Airplanes In June – $BA $DIA
Reportedly, Boeing Co (BA) recorded delivery of 51 airplanes in June to bring its first-half tally to 216 jets, up 38% from the same period last year. June's deliveries exceeded the 50 thresholds for the first time since March 2019 and included 43 Boeing 737 MAX, which is still recovering from a nea...
Jul 13, 2022
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Japan’s ANA Orders 20 Boeing 737 MAX Jets – $BA $DIA
Reportedly, Japanese airline ANA Holdings Inc. has finalized an order for 20 Boeing (BA) 737 MAX jets first announced in January 2019, which also includes the option for another 10 of the narrowbody type. The carrier informed it would switch two of the 20 777-9 passenger planes it has on order to th...
Jul 15, 2022
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Is Boeing Going To Cancel 737 MAX 10 Aviation Week Amid Regulatory Issues? – $BA $DIA
Reportedly, Boeing's (BA) Chief Executive Dave Calhoun informed that the planemaker could be forced to cancel the 737 Max 10 over potential regulatory issues. The aerospace giant has a December deadline to win approval for the 737 MAX 10 (the largest member of its best-selling single-aisle airplane ...
Jul 14, 2022
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Boeing To Host Q2 Earnings Call On July 27 – $BA $DIA
Reportedly, Boeing (BA) is to release its second-quarter earnings for 2022 on Wednesday, July 27, followed by a conference call at 10:30 a.m. ET. The call will be hosted by President and CEO David Calhoun and Executive VP and CFO Brian West to discuss the results and company outlook. Web & Dial...
Jul 18, 2022
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Boeing Collaborates With Aireon Space-Based ADS-B Data Services – $BA $DIA
Reportedly, Boeing (BA) has signed a deal with Aireon, the world's leading provider of space-based automatic dependent surveillance-broadcast (ADS-B) services, to deliver its flight data stream to the aerospace giant. Boeing will use the stream to expand its advanced data analytics capabilities and ...
Jul 05, 2022
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David L. Gitlin Joins Boeing’s Board Of Directors – $BA $DIA
Reportedly, the Board of Boeing (BA) announced the election of David L. Gitlin, 53 as its newest member. Gitlin will join the Aerospace Safety Committee and the Finance Committee. Currently, Giltin serves as chairman and CEO of Carrier and brings to the Board more than 20 years of aerospace indust...
Jun 23, 2022
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Boeing Receives $811 Loan Guarantee From EXIM Over The Sale Of Its 787 Jetliners To Air France-KLM SA- $BA $DIA
As per reports, the Export-Import Bank ("EXIM") of the United States informed that its board of directors approved an $811 million loan guarantee to help finance the sale of Boeing's (BA) wide-body aircraft to French-Dutch airline Air France-KLM SA. EXIM informed that the loan guarantee would suppo...
Jun 21, 2022
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Tight Labor Market Causing Delivery Delay To Boeing’s New Air Force One – $BA $DIA
Reportedly, the next-generation presidential aircraft being built by Boeing may face further delays due to a tight labor market for mechanics and lower-than-expected security clearance rates. Also, the need for Boeing to switch to an alternative supplier for some interior work may pose a major sched...
Jun 24, 2022
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Norwegian Air Enters Deal With Boeing Resolving Dispute – $BA $DIA
Reportedly, Norwegian Air has entered a deal to buy 50 Boeing (BA) 737 MAX 8 aircraft, additionally securing options for a further 30 of the planes at an undisclosed price, ending a contract dispute between the two firms. The airline informed, that the deal includes compensation to Norwegian as sett...
Jun 01, 2022
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FAA Notifies Boeing For More Documentation On Its 787 Jets In Order To Resume Deliveries – $BA $DIA
Reportedly, Federal Aviation Administration has asked Boeing (BA) for more documentation in order to resume deliveries of its 787 Dreamliner jet, signaling it may face a further delay before the Federal Aviation Administration signs off on its inspections and repairs to the plane. The development ...
May 16, 2022
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Dubai’s Emirates Airlines Concerned About Delayed Boeing’s 787 Deliveries – $BA $DIA
The Dubai-based carrier, Emirates airline announced that it may face further delayed deliveries of Boeing's (BA) 787 Dreamliners by atleast a year until 2024 and that it could be even longer due to Boeing’s continued delivery suspension over structural flaws. Three years ago, Emirates ordered 30 7...
May 12, 2022
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Boeing Relocating Headquarters From Chicago To Washington, D.C. – $BA $DIA
Reportedly, aerospace giant Boeing (BA) announced its moving its headquarters to the Washington, D.C. area from Chicago, moving closer to federal lawmakers and rival defense contractors. Boeing informed that it will shift its base to Arlington, Virginia, joining fellow military contractors Northrop ...
May 11, 2022
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Boeing Surprises To The Downside – $BA $DIA
Boeing (BA) reported came in below expectations with greater than expects losses and decline in the Q1 revs amid higher costs while at the same time they delayed its newest passenger jet. Boeing widened its loss to $2.75 a share while revenue dropped 8% to $13.99 billion. In Q1, Boeing disclosed th...
Apr 30, 2022
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China Resumes Flights Using Boeing 737-800 Jetliners After March Crash – $BA $DIA
As per reports, China Eastern Airlines has restarted using Boeing's (BA) 737-800 jetliners for commercial flights less than a month after a crash that killed 132 people on board, and grounded over 200 of its aircraft. China Eastern flight MU5843, operated by a three-year-old Boeing 737-800 aircraft,...
Apr 17, 2022
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Boeing Reports Q1 2022 Deliveries – $BA $DIA
Boeing (BA) reported major program deliveries across its commercial and defense operations for the first quarter of 2022. Major Programs - Commercial Airplanes Programs - 1st Quarter 2022 737 86 747 1 767 5 777 3 787 - Total 95 Defense, Space ...
Apr 18, 2022
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United Airlines Reportedly Confirms Delay of Boeing’s 777s With Pratt & Whitney Engines – $BA $UAL $DIA
Reportedly, United Airlines confirmed the delay in the return of some grounded Boeing (BA) 777 planes with Pratt & Whitney 4000 engines until at least May 12. An engine on a United Airlines 777 jet failed shortly after takeoff from Denver in February 2021, dropping debris over nearby cities but ...
Apr 12, 2022
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Boeing’s Senior Executives To Discuss Company’s Outlook On April 22 – $BA $DIA
Reportedly, Aerospace giant Boeing (BA) is to release its first-quarter, 2022 results at 10:30 AM EDT, on Wednesday, April 27. The results will be discussed and reviewed by David Calhoun (President and Chief Executive Officer) and Brian West (Executive VP and CFO). The webcast can be reached at ht...
Apr 06, 2022
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Strategic Partnership With Microsoft Seeks To Accelerate Boeing’s Digital Transformation – $MSFT $BA $DIA
As per reports, Boeing (BA) and Microsoft Corp. (MSFT) announced that they are deepening their strategic partnership to accelerate Boeing's digital transformation. Through the expanded collaboration, Boeing will leverage the Microsoft Cloud and its AI capabilities to update its technology infrastr...
Apr 11, 2022
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Boeing Announces Leanne Caret To Retire – $BA $DIA
Reportedly, Boeing's (BA) head of defense division, Leanne Caret, 55 is set to retire after nearly 35 years of association with the aviation company and will be succeeded by Ted Colbert effective April 1. Caret supervised the development of the successful MQ-25 drone program and the U.S. Air Force's...
Mar 29, 2022
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Air Lease To Provide Aeromexico Airlines 9 Boeing Planes – $BA $DIA
Reportedly, Mexican airline Aeromexico has reached an agreement to rent nine Boeing (BA) planes, informed Air Lease Corporation. The deal will expand the carrier's fleet as it emerges from Chapter 11 bankruptcy. Air Lease will provide Aeromexico with two new 737-8s and seven new 737-9s, expected to ...
Mar 30, 2022
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Boeing May Face Another Blow Over If 777X Jets Delivery is Delayed- $BA $DIA
Reportedly, Emirates may cancel an order for Boeing (BA) 777X passenger jets if the model's delivery slips beyond the end of 2023. Dubai's Emirates is the largest customer for the upgraded version of Boeing's 777 mini-jumbo. The upgrade is under additional scrutiny and certification delays in the wa...
Feb 28, 2022
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Could 5G Deployment Be A Potential Threat To Radio Altimeters On Most Boeing 737s?- $BA $DIA
Reportedly, U.S. regulators are warning that 5G wireless operations could affect radio altimeters in most Boeing (BA) 737 aircraft and impact crew workload and airplane landings. The Federal Aviation Administration's directive affects Boeing's 737s, except its 200 and 200-c series, the Federal Regis...
Feb 25, 2022
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American Airlines Trims International Summer Flights Amid Boeing’s 787 Dreamliner Delay – $AAL $BA $DIA
As per reports, Texas-based carrier American Airlines Group Inc. (AAL) is trimming its summer schedule due to the delayed delivery of Boeing Co's (BA) 787 Dreamliner jets. The airline informed it now expects to receive only 10 Dreamliner planes this year and not 13 as expected. Also, the remaining j...
Feb 22, 2022
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Boeing’s E-Commerce Unit Achieves $2B Sales Mark in 2021- $BA $DIA
Reportedly, Boeing (BA) recorded e-commerce parts sales last year with more than $2 billion in online orders. Boeing Distribution Inc. (formerly Aviall) sold nearly 70,000 parts products through its e-commerce site to commercial and government customers. Commercial orders reported $1.5 billion in sa...
Feb 16, 2022
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Boeing Reports Lower Dreamliner Delivery Issues For January – $BA $DIA
As per reports, Boeing (BA) has delivered 32 aircraft in January the lowest in three months, as its sidelined 787 Dreamliner program continued to weigh on the planemaker's ability to capitalize on the recovery in air travel. Boeing handed over 27 737 MAX jets in January and three widebody aircraft, ...
Feb 09, 2022
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Boeing Enters Agreement With EPIC Fuels For Sustainable Aviation Fuel In Washington & South Carolina – $BA $DIA
As per reports, Boeing (BA) has entered a supply agreement with EPIC Fuels for a million gallons (7.5 million liters) of blended sustainable aviation fuel (SAF) to power it's Commercial Airplanes operations in Washington state and South Carolina through 2022. The transaction marks the largest annou...
Feb 08, 2022
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FAA To Propose Revised Pilot Training Ensuring Focus On Flightpath Management – $BA $DIA
Reportedly, the Federal Aviation Administration (FAA) is proposing training revisions to help pilots avoid overreliance on autopilot and to ensure focus on flightpath management. The regulatory body is issuing draft guidance and recommended practices, informing that it was important that even on aut...
Feb 07, 2022
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Boeing Reports Quarterly Loss As $3.5B Pre-Tax Non-Cash Charge Realized – $BA $DIA
Boeing's (BA) quarter earnings fell short of market estimates reporting a loss of $7.69 per share as revenue fell 3% to $14.79 billion. The loss was largely due to the company taking a $3.5 billion pre-tax non-cash charge on its 787 Dreamliner program, and a halt in deliveries amid discussions with ...
Feb 04, 2022
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Boeing Investing An Additional $450M In California-Based Wisk – A Flying Pilotless Taxi Developer
Reportedly, Boeing (BA) is investing another $450 million in Wisk Aero to support the development of future pilotless flying taxis. California-based Wisk is one of the dozens of electric vertical take-off and landing makers but differs in focusing its efforts on an autonomous flight. Wisk is owned b...
Jan 26, 2022
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Boeing’s 737 Max To Soon Resumes Operations In Hong Kong – $BA $DIA
As per reports, Hong Kong has allowed airline operators to restart the use of Boeing Co's (BA) 737 Max aircraft in the city's airspace, informed its Civil Aviation Department (CAD) lifting its ban on the aircraft after nearly three years. Airlines looking to fly the 737 Max in Hong Kong's airspac...
Jan 25, 2022
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China Readies To Resume Flying Boeing’s 737 Max – $BA $DIA
As per reports, Boeing Co.’s (BA) 737 Max is expected to resume commercial flights in China starting this month. A recent operational readiness flight was conducted by Hainan Airlines on Jan. 9, showing positive signs of a return in the coming weeks. A nearly empty Max 8 belonging to Hainan Air to...
Jan 19, 2022
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Indonesia Lifts Ban, Clears Way For Boeing’s 737 MAX Aircraft
Reportedly, the transport ministry Indonesia has lifted the ban on the Boeing (BA) 737 MAX three years after the crash of one of the aircraft operated by domestic carrier Lion Air killing all 189 people on board. The approval for the aircraft's return in Indonesia comes months after it returned to s...
Dec 30, 2021
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Ethiopian Airlines Fleet To Return With Boeing 737 MAX Aircraft in 2022 – $BA $DIA
Reportedly, Ethiopian airlines have agreed to resume flying Boeing (BA) 737 MAX planes on its fleet in February 2022, after it was satisfied with their enhanced safety measures. In 2019, Ethiopian Airlines flight 302, a Boeing 737 MAX bound aircraft for Kenya, crashed from Ethiopia’s capital Addis...
Dec 30, 2021
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Boeing’s 737 MAX Believed To Resume Operations In China Around Year-End
Reportedly, Boeing Co's (BA) 737 MAX operations are expected to resume by the end of this year or the beginning of next year informed China's aviation regulator. The Civil Aviation Administration of China (CAAC) was the first regulator globally to ground the MAX in March 2019 after two deadly crashe...
Dec 03, 2021
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Boeing Employee Vaccine Exemption Requests Reaching Approx. 9% Of U.S. Workforce
Reportedly, the number of Boeing Co. (BA) employees seeking a vaccine exemption on religious or medical grounds has reached more than 11,000 - or nearly 9% of its U.S. workforce. Recently, the White House pushed back its vaccination deadline, to Jan. 4 for employees at federal contractors or to be ...
Nov 10, 2021
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Boeing Settles Shareholder ‘737 Max Oversight’ Lawsuit For Approx. $225M
As per reports, Boeing Co's (BA) board of directors settle a shareholder lawsuit that claimed the aerospace giant’s board failed to oversee safety matters related to two 737 MAX crashes that killed 346 people in less than six months. The settlement amount was agreed at about $225 million. As per t...
Nov 09, 2021
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Boeing Reports Q3 Miss – Dealing With 787 Dreamliner Delays
As per reports, Boeing (BA) released third-quarter earnings recently & reported an increase in revenue to $15.28 billion in the quarter, up 8% from $14.14 billion a year ago, but below the $16.3 billion analysts forecast. The company reported a $132 million net loss for the quarter though it was...
Nov 02, 2021
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Boeing Donates $1M Towards Hurricane Ida Relief Efforts ($500,000 Donation To American Red Cross)
As per reports, Boeing (NYSE: BA) has announced that it will donate $1 million from the Boeing Charitable Trust to help with disaster recovery and relief efforts in the aftermath of Hurricane Ida. The fund includes a $500,000 donation to the American Red Cross that will assist with food, shelter, w...
Oct 21, 2021
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Boeing Faces Protest From Employees Amid Vaccination Mandate
Reportedly, some 200 Boeing Co (BA) employees and others have staged a protest over the planemaker's COVID-19 vaccine mandate for U.S. workers. Waving signs like "coercion is not consent," and "stop the mandate," was witnessed outside Boeing's factory in Everett, north of Seattle. "It's my choice...
Oct 19, 2021
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Boeing Reports Increase In September Aircraft Deliveries
As per reports, Boeing (BA) informed that they have fulfilled an increase in airplane deliveries to 35 in September, as domestic travel revived, but its 787 aircraft is still dealing with structural defects. Out of the 35 jetliners delivered last month, 26 were 737 MAX passenger jets and one aircraf...
Oct 18, 2021
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World’s Largest Aerospace Co. Boeing Requiring U.S. Employees To Be Vaccinated By Dec. 8 Following Executive Order Issued By The White House
Reportedly, Boeing Co. (BA) announced that it will require its 125,000 U.S. employees to be vaccinated by Dec. 8 under an executive order issued by President Joe Biden for federal contractors. "Boeing is requiring its U.S.-based employees to either show proof of vaccination or have an approved re...
Oct 14, 2021
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Boeing Announces Q3 Earnings Release Date
Reportedly, the Boeing Company (BA) to release its fiscal third quarter, 2021 earnings on Wednesday, October 27, followed by a conference call that day at 10:30 a.m. ET. President & Chief Executive Officer David Calhoun and Executive Vice President & Chief Financial Officer Brian West to hos...
Oct 08, 2021
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Emirates Airline Seeking Timetable Update For Boeing’s 777X Deliveries
As per reports, the head of Dubai's Emirates airline has urged U.S. planemaker Boeing (BA) to provide more clarity over the timetable for its delayed 777X jetliner, raising concerns that the schedule would affect complex fleet plans across the group. "We work to precision. I struggle with others wh...
Oct 07, 2021
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Bamboo Airways Enters ~$2B Deal With GE For Engines On Boeing Jets
As per reports, Vietnam's Bamboo Airways has entered a deal with General Electric (GE) to purchase GEnx engines to power Boeing (BA)) 787-9 Dreamliner aircraft for nearly $2 billion. The company informed the GEnx engines, due to be delivered in 2022, will be used on the airline's wide-body Dreamline...
Sep 22, 2021
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Matt Welch To Lead As VP Of Investor Relations At Boeing
As per reports, Boeing (BA) has named Matt Welch as vice president of Investor Relations effective immediately, succeeding Maurita Sutedja. Welch will lead Boeing's interactions with the investment community, will provide shareholders and financial analysts with timely, accurate, and transparent inf...
Sep 08, 2021
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Boeing’s 737 MAX Aircraft Wins Approval Top Resume Operations In Singapore
Reportedly, Singapore's aviation regulator has approved the return of the Boeing's (NYSE: BA) 737 MAX aircraft to service, after more than two years of grounding. Singapore has become the latest country in the Asia Pacific region to do so. Singapore grounded the 737 MAX in March 2019 following tw...
Sep 08, 2021
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GE’s David L. Joyce Joins Boeing’s Board
The board of Boeing Company (BA) announced the appointment of David L. Joyce, 64 to the board, effective immediately, where he will serve on the Aerospace Safety and Compensation committees, as per reports. The board also announced the retirement of Admiral Edmund P. Giambastiani Jr from the board a...
Sep 02, 2021
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The Boeing Charitable Trust to CARE Offers $500k To Fund CARE Indonesia’s Battle Against COVID-19
Reportedly, the Boeing Company (BA) announced a $500k donation from the Boeing Charitable Trust to CARE to support COVID-19 relief efforts in Indonesia, helping communities currently battling the highly contagious COVID-19 delta variant. Slightly more than 11% of the Indonesian population has been f...
Aug 11, 2021
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Boeing Discusses Dates For Launch Of The CST-100 Starliner to the International Space Station
As per reports, Boeing (BA) is discussing multiple dates this month for the launch of its space capsule, CST-100 Starliner to the International Space Station. The much-awaited launch was delayed after a glitch in its propulsion system valves was identified during pre-launch checks. The CST-100 Star...
Aug 10, 2021
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Boeing Reports Encouraging Quarterly Profit
Boeing ( BA) released its quarterly earnings this week, initiating its first quarterly profit since 2019 as production and orders for its 737 Max aircraft rise. Revenue of $17 billion was reported and earnings per share of 40 cents. Operating cash outflow increased to $483 million from $5.28 billion...
Aug 02, 2021
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FAA Issues Directive To Boeing 737 Planes Operators To Inspect Possible Switch Failures
As per reports, the Federal Aviation Administration has issued a directive to operators of all Boeing Co (BA) 737 series airplanes to conduct inspections to check possible failures of cabin altitude pressure switches. The directive includes 2,502 U.S.-registered airplanes and 9,315 airplanes worldw...
Jul 21, 2021
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Boeing To Discuss Q2/2021 Earnings On July 28
Reportedly, Boeing (BA) to release its second quarter 2021 earnings on Wednesday, July 28, followed by a conference call at 10:30 a.m E.T. to discuss and review the results. The call will be hosted by David Calhoun, President & Chief Executive Officer, and Interim Chief Financial Officer, Dave D...
Jul 09, 2021
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Boeing Receives Largest Aircraft Order In 10 Years
Reportedly, United Airlines (UA) has placed orders for 200 Boeing (BA) 737 Max jets and 75 Airbus 321neo aircraft making it the biggest single order by any carrier in at least a decade. The announcement places hope on extended travel revival in the coming years. The aerospace giant has witnessed ord...
Jul 01, 2021
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Boeing Announces Successful First Flight Of Its Largest MAX Plane 737-10
Reportedly, Boeing (BA) completed the first flight of 737-10, the biggest plane in the company’s 737 MAX range on June 19. The flight took off at 10:07 a.m. from Renton Field in Renton, Washington, and landed at Boeing Field in Seattle at 12:38 p.m. 737 Chief Pilot Capt. Jennifer Henderson stated...
Jun 21, 2021
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FAA Makes Inspection Mandate For Boeing’s 737 MAX Key Automated Flight System
Reportedly, the Federal Aviation Administration (FAA) has issued a directive for Boeing Co. (BA) requiring operators of 737 MAX airplanes to conduct additional inspections for the plane's automated flight control system. The directive makes mandatory instructions released by Boeing in December that ...
Jun 22, 2021
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U.S. and EU Agreed To Suspend Tariffs Related To Boeing-Airbus Subsidies
Reportedly, the U.S. and EU agreed to suspend tariffs for another five years related to Boeing (BA) and Airbus subsidies, as the Biden administration looks to target China's practices in the aviation industry. The agreement was reached at a U.S.-EU summit meeting in Brussels following the G7 meeting...
Jun 15, 2021
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Boeing States Possible Delay & Price Rise For Air Force One Contract
Reportedly, Boeing Co (BA) has informed that there may be delays and that intend raise the price of the next-generation presidential aircraft due to COVID-19 delays and a subcontractor. Boeing received a $3.9-billion contract in July 2018 to build two 747-8 aircraft for use as Air Force One, set f...
Jun 12, 2021
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Boeing’s MQ-25 Successfully Refuels A U.S. Navy Boeing F/A-18 Super Hornet
Reportedly, Boeing’s (BA) MQ-25 Stingray drone successfully has refueled a U.S. Navy Boeing F/A-18 Super Hornet, marking it the first time an unmanned aircraft has refueled another plane pushing Boeing Stock higher. The F/A-18 pilot flew as close as 20 feet from the drone at operational speeds and...
Jun 09, 2021
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Boeing Sees Promise Of Air Freighter Sales In China
As per reports, Boeing (NYSE: BA), which is struggling in China with sales of passenger planes due to the grounding of its 737 MAX and trade tensions, is hopeful about the outlook for freighter plane sales as e-commerce demand surges. Last May China Cargo Airlines, owned by China Eastern Airlines ...
May 27, 2021
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Berkshire Hathaway’s NetJets Places Hold On Boeing-Backed Aerion’s AS2 Orders
Reportedly, Berkshire Hathaway's private aircraft firm NetJets has halted plans to add supersonic jets to its fleet as Boeing Co (BA)-backed Aerion failed to raise funds for production. The world's largest private jet company, NetJets informed in March that it had obtained purchase rights for 20 of ...
May 25, 2021
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Boeing Receives 737 MAX Jets Orders From Alaska Air
As per reports, Alaska Air Group has placed orders for 13 Boeing Co (BA) 737-9 MAX airplanes and 17 Embraer 175 jets, as the U.S. carrier is expecting bookings to come back after Covid-19 vaccinations and travel to resume. "Alaska expects domestic travel to return to pre-COVID levels by the summe...
May 17, 2021
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Boeing 737 MAX Deliveries Decline Drastically In April Amid Electrical Issue
Boeing (BA) recently reported a major decline in the sale of 737 MAX jet deliveries for the month of April. Deliveries dropped to 4 in April from 19 in the previous month, as the aircraft struggles with an electrical problem that has re-grounded the aircraft. Boeing started delivering the 737 MAX ai...
May 12, 2021
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Boeing Has Fired Employees On Racist, Discriminatory Or Hateful Conduct
As per reports, Boeing Co (BA) has fired 65 employees over the last year for engaging in or being part of racist, discriminatory or hateful conduct. The planemaker informed in a report that the employees were terminated between June 2020 and April 21, 2021. Boeing said about 69% of its U.S. workforc...
May 02, 2021
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Boeing Reports More Quarterly Losses – Remains Positive On Air Travel Recovery
Boeing (BA) reports a sixth consecutive quarterly loss as the aerospace giant struggles with production issues and a weak jetliner market. Boeing reported a net loss of $561 million for the first three months of 2021 on revenue of $15.2 billion, 10% lower than last year but slightly ahead of analyst...
May 03, 2021
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Boeing Releases Q1 Deliveries Update
The Boeing Company (BA) released its first-quarter, 2021 major deliveries across its commercial and defense operations, as follows: Commercial Airplanes Programs: 737 63 747 1 767 5 777 6 787 2 Total 77 Defense, Space & Security Programs ...
Apr 16, 2021
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Boeing’s 737 Max Aircraft Faces Inspection After Electrical Problems Were Reported On Specific Jets
As per reports, Boeing’s (BA) 737 Max planes have reported an electrical fault on a specific group of jets. The company informed that the “production issue” does not affect its entire fleet and 16 operators have been asked to halt operations involving the jet until the issue is addressed. Boe...
Apr 12, 2021
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Boeing 737 MAX Planes Allowed To Transit In Vietnam After Ban Lift
Reportedly, Vietnam has allowed Boeing (BA) 737 Max planes to transit in the country after they were suspended in 2019 over safety concerns, as per the Ministry of Transport. In March 2019, the Civil Aviation Authority Of Vietnam deferred issuing licenses to 737 MAX aircraft till the cause of an Eth...
Apr 07, 2021
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Fiji Airways Gains Regulator’s Approval For Return Of 737 MAX Planes
As per reports, Fiji Airways has secured approval from its national aviation regulator for the return of its Boeing Co (BA) 737 MAX aircraft after a two-year grounding following two deadly crashes. Its national regulator will allow flights to resume operations following additional crew training, inc...
Apr 07, 2021
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Boeing Loses Out On Missile Defense Deal
Reportedly, Boeing (BA) lost on a Pentagon contract to develop a new interceptor to protect the U.S. against intercontinental ballistic missile threats. "Boeing is disappointed the U.S. Missile Defense Agency did not advance our team to the next phase of competition in the development of the Next...
Mar 24, 2021
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Boeing Signs $5.28B 2-Yr Revolving Credit Agreement
Reportedly, Boeing Co (BA) has entered into a $5.28 billion, two-year revolving credit agreement as the aerospace giant is facing severe crisis and slowdown further pushed by the pandemic. The credit agreement is scheduled to end on March 19, 2023. "We have no current plans to draw on our credit ...
Mar 24, 2021
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FAA Takes Over The Review Of Specific 787 Dreamliners Before They Enter Service
Reportedly, the Federal Aviation Administration has issued directions that its regulators and not Boeing (BA) employees, would inspect specific 787 Dreamliners before they resume operations. Boeing had been responsible for the basic final safety checks needed to issue an airworthiness certificate be...
Mar 22, 2021
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Boeing Reports Positive Bookings For February, Stock Rises
Aerospace giant, Boeing (BA) reported more orders than cancellations in February after 14 months of unrest that included the 737 Max grounding and the pandemic. Boeing managed 82 new orders in February, including 25 Boeing 737 Max jets orders by United Airlines and 14 737 Max planes for an unidentif...
Mar 10, 2021
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Boeing In Search Of New $4B Liquidity From Banks
As per reports, Boeing (BA) has approached a group of banks for a new $4 billion revolving credit facility to sail through a lengthy slowdown in global aircraft demand. As per sources, the aerospace giant has the option to increase the size of the two-year facility to as much as $6 billion. Boeing h...
Mar 08, 2021
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South Korea’s Transport Ministry Orders Grounding Of All Local Airlines’ Boeing 777s With PW4000 Engines
Reportedly, South Korea's transport ministry has ordered the grounding of all local airlines' Boeing (BA) 777s with PW4000 engines, also the ministry has banned all foreign aircraft with PW4000 engines from operating in South Korea airspace from this week. The ministry has ordered local airlines As...
Feb 25, 2021
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FAA Issues An Emergency Airworthiness Directive For Boeing 777s Following United Engine Failure
As per reports, the U.S. Federal Aviation Administration has issued an emergency airworthiness directive after reports of an engine failure of a United Boeing (BA) 777 in Denver was released, requiring stepped-up immediate inspections of similar planes. The directive covers Boeing 777 airplanes equi...
Feb 24, 2021
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Two Boeing Directors (Susan Schwab & Arthur Collins) To Step Down After Their Term Expires
As per reports, the board of Boeing Company (BA) informed that two veteran directors Susan Schwab and Arthur Collins will step down from the board after their term expire. Both the directors will not stand for re-election at the company's Annual Meeting of Shareholders. A former chairman and chief ...
Feb 23, 2021
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Aerospace Giant Boeing (BA) Reports Huge Q4 losses Plus Delayed Entry of 777X Jet
Aerospace giant, Boeing (BA) reports huge Q4 losses as the company recorded numerous charges and the delayed the entry of its 777X jet. The company reported a net loss of $11.9 billion and a core loss of $15.25 per share as it booked $8.3 billion in pre-tax charges. Revenue dropped 15% to $15.3 bill...
Jan 27, 2021
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Canada To Lift Ban On Boeing’s Grounded 737 Max Aircraft
Reportedly, Canada is lifting a near two-year flight ban on Boeing's (BA) 737 MAX aircraft on Jan. 20, grounded since March 2019 following two fatal crashes. Last year November, the United States allowed the aircraft to resume operations in the country. Regulator Transport Canada also informed that ...
Jan 18, 2021
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Boeing Elects Fortune’s ‘Most Powerful Women Award’ Winner Lynne Doughtie To Its Board Of Directors
Reportedly, The Board of Directors, Boeing Company (BA) has elected Lynne Doughtie to the board, replacing Caroline Kennedy who has resigned after three years of service. Lynne Doughtie, 58 the first woman to be elected U.S. Chairman and CEO of KPMG, retired from KPMG in 2020. Doughtie has been reco...
Jan 29, 2021
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Boeing Fined $2.5B As Penalty To Resolve Fraud Charges Over Its 737 Max Aircraft
Reportedly, Boeing (BA) is reportedly pay more than $2.5B in penalties, including nearly $1.8 billion in compensation for airlines, to resolve charges for misleading U.S. aviation authorities with wrong information related to its 737 Max aircraft, informed the Justice Department. The investigation f...
Jan 10, 2021
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Qatar Airways Cargo Adds 3 Boeing 777 Freighters To Its Fleet Of Cargo Division
Reportedly, Boeing (BA) has delivered three 777 Freighters to Qatar Airways Cargo as the airline continues to build its cargo division with the world's largest and most capable twin-engine freighter, marking the 200th 777 Freighter to be delivered. With the new addition of 777 Freighters, Qatar Airw...
Jan 07, 2021
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