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The Latest Breaking News from Boeing Co

FAA's Whitaker says agency 'too hands off' on Boeing - Roll Call

Federal oversight of Boeing Co. has been “too hands off," Mike Whitaker, the head of the Federal Aviation Administration, said Thursday.

Roll Call

Boeing’s long-awaited space mission, carrying Sunita Williams, aborted just before liftoff

Boeing Co and Nasa postponed the first crewed flight of the company’s already long-delayed space taxi on Saturday, halting the countdown less than four minutes before takeoff due to a launchpad computer system issue.

The Times of India

Boeing CEO’s 2023 pay rose 45% before blowout sparked crisis

Boeing Co chief executive officer Dave Calhoun’s total compensation jumped 45% to $32.8 million last year, boosted in large part by a retention bonus intended to keep him in the job through 2025 — before a dramatic aircraft accident exactly three months ago upended that plan.

The Times of India

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Boeing Stock Loses Altitude Amid 737 Max Blowout Fallout

Boeing's turbulent journey continues as shares take a nosedive after an inflight blowout on their 737 Max model. The manufacturer braces for the fallout.

Top News

Stocks Set to Open Mixed as Investors Await U.S. Inflation Data and Big Bank Earnings, Boeing Shares Plunge

March S&P 500 E-Mini futures (ESH24) are down -0.05%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.06% this morning as market participants looked ahead to the release of U.S. inflation data while also bracing for the start of earnings season later in the week.

Barchart

Stocks Set to Open Lower as Investors Await U.S. Inflation Data and Big Bank Earnings, Boeing Shares Plunge

March S&P 500 E-Mini futures (ESH24) are down -0.16%, and March Nasdaq 100 E-Mini futures (NQH24) are down -0.17% this morning as market participants looked ahead to the release of U.S. inflation data while also bracing for the start of earnings season later in the week.

Barchart

Which Defense Stock Is Signaling Buy: Boeing Co. (BA) vs. CACI International (CACI)

Increasing geopolitical tensions have resulted in a heightened demand for improved defense capabilities, leading to increased defense spending and the rapid development of advanced technologies. In such a scenario, air defense stocks Boeing Co. (BA) and CACI International (CACI) should benefit from industry tailwinds, but which stock is sending a…

StockNews.com

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Stocks Set to Open Higher as Investors Await U.S. Inflation Data, Yellen Comments Boost Sentiment

September S&P 500 futures (ESU23) are up +0.42%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.55% this morning as remarks from Treasury Secretary Janet Yellen bolstered hopes that the U.S. economy is headed toward a soft landing, while investors looked ahead to the latest U.S. inflation reading due…

Barchart

Is Boeing Co. (BA) a Good Defense Stock Buy in June?

Boeing Company (BA) has bagged several orders at the Paris Air Show. However, the company has been struggling with production glitches and margin pressure. So, let’s analyze whether this stock is worth buying now.

StockNews.com

Pentagon probes lapse in Boeing security credentials for Air Force One

The U.S. Department of Defense (DOD) is scrutinizing why Boeing Co employees worked on current and future Air Force One planes without the security credentials required for the highly classified jets.

Reuters

Boeing and Airbus intensify search for skilled talent in India

Boeing Co. and Airbus SE are increasingly looking to India for highly-skilled, low-cost engineers to meet a boom in demand for aircraft and expand their manufacturing presence in the world’s fifth-largest economy.

Tribune News Service

Pentagon puts priority on replacing munitions in 2024 budget

WASHINGTON — The Pentagon’s $170 billion procurement request for the new fiscal year focuses on replacing munitions supplied to Ukraine as well as well as weapons like long-range missiles, which would be necessary in a conflict with China, according to an internal budget document.

Tribune News Service

These 1970s CTA cars have gone off the rails — and are for sale — in West Virginia

The 2400-series CTA rail cars have been listed for $35,000 on Facebook Marketplace. But you have to go get them — and they weigh 54,000 pounds apiece.

Chicago Sun-Times

Former American Airlines CEO Doug Parker stepping down as chairman

Former American Airlines CEO Doug Parker, who led the company through the merger that brought together American Airlines and US Airways to form the world’s largest carrier, is stepping down as the company’s chairman at the end of April, the company said Thursday.

Tribune News Service

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The Times of India

India will need 2,210 new planes over 2 decades: Boeing

Boeing Co trimmed its outlook for India’s commercial aviation market despite a rebound in traffic, saying the country will need 2,210 new planes over the next two decades, down from about 2,240 forecast last year.

Tribune News Service

US to send Ukraine Boeing’s ground-launched, GPS-guided bombs

A new ground-launched, bomb-tipped rocket to be ordered from Boeing Co. will be part of the latest package of US.` arms for Ukraine that will be announced Friday by the White House and Pentagon, officials said.

Tribune News Service

Boeing pleads not guilty in fraud case over 737 Max crashes

Boeing Co. pleaded not guilty to deceiving US regulators about changes made to its 737 Max flight control system that led to two horrific crashes, before relatives of some victims made tearful appeals to the judge to hold the aircraft maker accountable.

Tribune News Service

Boeing-DOJ ‘sweetheart deal’ decried by victim’s wife

Naoise Connolly Ryan told a Texas judge she’s refused any of the $500 million Boeing Co. was required to set aside to compensate families of 737 Max crash victims under a deferred prosecution agreement with the U.S. government.

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Tribune News Service

Boeing 737 Max models expected to win cockpit-system reprieve from Congress

U.S. congressional leaders are poised to exempt two Boeing Co. 737 Max models from a new cockpit requirement that would take effect next week, a victory that would help the planemaker avoid an expensive redesign and potentially lengthy certification delays for the jets.

Reuters

Mexican president says in talks with Boeing to rent aircraft for military-run carrier

Mexico is in talks with U.S. planemaker Boeing Co to rent aircraft for a carrier run by the military, set to start operations next year, the country's president said Monday.

Tribune News Service

United Air buys 100 Boeing 787s in bet on long-haul rebound

United Airlines Holdings Inc. agreed to buy 100 Boeing Co. 787 Dreamliners as part of a multibillion-dollar order for as many as 300 new aircraft, revamping the carrier’s fleet with one of the largest plane deals in recent years.

Benzinga

Boeing Hosted Its First Investor Day In 4 Years After 737 MAX Debacle: What Do Analysts Think?

Boeing Co. (NYSE: BA) held an Investor Day to showcase its Boeing 737 plant and for investors to meet with company executives to discuss strategic priorities, business updates and financial goals.

Al Jazeera

US judge applies ‘crime victims’ status in Boeing 737 MAX crashes

The first Boeing Max 737 crashed in Indonesia in October 2018, killing 189, and another crashed in Ethiopia killing 157.

Tribune News Service

Boeing’s China orders dry up on US tensions in boost for Airbus

China has traditionally split aircraft orders evenly between Airbus SE and Boeing Co. Recently though, there’s been a shift against the American half of the world’s planemaking duopoly.

Benzinga

Top Financial Media Stories Friday, September 23: Apple Resolves iPhone 14 Pro Camera Glitch, Credit Suisse Shares Tumble As It Looks For Capital Infusion, Boeing Penalized $200M For Misleading About 737 MAX Safety And More..

Reuters

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