Boeing Withdraws Minor Request for 737 MAX 7
Boeing has announced its withdrawal of a minor request it made to the Federal Aviation Administration (FAA) regarding the grounded 737 MAX 7 aircraft. The decision to withdraw the request…
Boeing Shares Plummet Following Incident with Alaska Airlines Plane
Shares of commercial aircraft manufacturer Boeing experienced a significant drop on Monday following an incident involving an Alaska Airlines plane. During the flight, a part of the Boeing-made aircraft blew…
Canada Signs Formal Pact with Boeing for Maritime Patrol Aircraft
Canada has announced a formal agreement with Boeing to acquire up to 16 of the company's maritime patrol aircraft. The Canadian government will invest up to 10.4 billion Canadian dollars…
Dow Jones Industrial Average Climbs
Introduction In the world of stock market today, the Dow Jones Industrial Average (DJIA) is making significant gains. Leading this upward momentum are aviation giant Boeing (BA) and tech titan…
Chinese Government May Lift Boeing’s 737 Max Jetliner Freeze
The Chinese government is nearing a decision to lift the commercial freeze on Boeing's 737 Max jetliner, potentially announcing it at the Asia-Pacific Economic Cooperation (APEC) in San Francisco this…
Boeing Net Loss More Than Doubles in Q1 2022 Amid Big Revenue Miss
(Boeing) Boeing reported a net loss of $1.242 billion in the first quarter of 2022, widening from a loss of $561 million in the prior year. The company’s revenue in…
Boeing Stock Plunges After Reports of 737 Jet Crash With More Than 130 Passengers
(ASN) Shares of plane maker Boeing Co. shed more than 8% on Monday after reports emerged that a 737-800NG plane with over 130 passengers crashed in China. The Aviation Safety…
Ryanair and Boeing Terminate Talks Over MAX10 Orders After Pricing Gaps
(Ryanair Group) Europe’s leading air carrier Ryanair’s negotiations with Boeing for deliveries of Max10 jets have ended over pricing differences. Ryanair says that agreement over Max 10 jets would have…
Covid-Battered Boeing Sold 28 Airplanes in July as Domestic Demand Crawls Back
(Reuters) Planemaker Boeing delivered 28 airplanes to its customers in July, with the revival of domestic travel, with 787 inventories still on hold for a fourth month due to defects.…
Boeing Q4 2020 Earnings. Record Net Loss of $11.9 Billion
Boeing shares fell 4% on Wednesday morning trading after a record net loss that topped $11.9 billion in 2020, according to the company’s press release. The net loss was worsened…
Boeing Reported More Cancellations than Orders of 737 Max In November
Boeing said on Tuesday it logged more cancellations than orders for its 737 Max plane last month as carriers prepare to return the jets to service after two deadly crashes,…
Boeing 737 Max to Fly Passengers Again after FAA Approval. Stocks Soar
The Federal Aviation Administration issued an order on Wednesday allowing Boeing 737 Max to carry passengers again, sending stock up 5% in premarket trading, according to the FAA press release.…