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The Latest Breaking News from Boeing Co

Boeing’s tenuous recovery in china shaken by 737 jet crash

Boeing Co. faces a new crisis after a 737 jet fell out of the sky in China, renewing concerns about its best-selling family of planes and extending one of the most turbulent periods in the aviation titan’s century-long history.

Tribune News Service

Markets See Mixed Day Amid Rising Oil Prices, Treasury Yields

U.S. indices finished lower Monday as stocks pulled back from last week’s rally. A drop in Boeing Co (NYSE: BA) following a 737 crash, a rise in oil prices and a rise in yields all had an impact on market sentiment.

Benzinga

Parker-Hannifin Offers Remedies In Bid For EU Clearance Of Meggitt Deal: Reuters

Parker-Hannifin Corp (NYSE:PH) has offered remedies to secure EU antitrust approval for its £6.3 billion bid for British rival Meggitt plc (OTC:MEGGF), reported Reuters. Related: Parker-Hannifin To Acquire Meggitt For ~£6.3B The EU competition enforcer extended its deadline for a decision to April 11 from March 28. The regulator will seek feedback from rivals and customers…

Benzinga

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Boeing In Talks With Delta On Landmark Order: Reuters

Boeing Co (NYSE:BA) is nearing a deal to receive an order from Delta Air Lines Inc (NYSE:DAL) for up to 100 of its 737 MAX 10 jets, Reuters reported, citing people familiar with the matter. The report added that if the deal goes through, this would be the first order from Delta for Boeing's single-aisle…

Benzinga

Is Boeing Ready For Takeoff? Why This Investor Bought More Stock

With Boeing Co (NYSE: BA) shares down about 12% year-to-date, Hightower Advisors' Stephanie Link stepped in and bought more.

Benzinga

Caribbean Airline Arajet Orders 20 Boeing 737 MAX Jets

Boeing Co (NYSE:BA) received an order for 20 737 MAX airplanes, specifically the high-capacity 737-8-200 model, from Arajet, a new Caribbean airline. Financial terms not disclosed. Arajet has options to purchase 15 additional 737 MAX jets, taking the airline's new fuel-efficient fleet to 40 airplanes. The aircraft order was finalized in January and…

Benzinga

Boeing Tests Suppliers On 787 Output Hikes: Reuters

Boeing Co (NYSE:BA) is said to be testing suppliers' capacity to meet 787 Dreamliner output scenarios as high as seven a month by end-2023, Reuters reported, citing three people with knowledge of the matter. Boeing has discussed ambitious scenarios with parts makers as it surveys an industry crippled by successive crises and…

Benzinga

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US Federal Aviation Administration Finalizes Boeing 777 Safety Directives After Fan Blade Failures: Reuters

The Federal Aviation Administration (FAA) finalized three safety directives for some grounded Boeing Co (NYSE: BA) 777 planes with Raytheon Technologies Corp's (NYSE: RTX) Pratt & Whitney 4000 engin

Benzinga

Airbus Delivers 49 Commercial Aircraft In February

Airbus SE (OTC:EADSY) has delivered 79 aircraft to 38 customers year-to-date, with 49 deliveries registered in February. Airbus recorded 149 gross orders year-to-date, of which 113 were ordered in February. Total net orders stood at 55 after 94 cancellations. In February, rival Boeing Co (NYSE:BA) delivered 22 airplanes and booked gross orders for 37 planes. Also Read: Boeing…

Benzinga

Boeing Registers 22 Aircraft Deliveries In February

Boeing Co (NYSE:BA) delivered 22 airplanes in the month of February compared to 32 in January. Deliveries of the 787 Dreamliner have been paused for several months. Boeing delivered 20 of its 737 Max planes in February versus 29 in January. The company booked gross orders for 37 planes (versus 77 in January),…

Benzinga

Boeing And Airbus's Paths Diverge On Buying Titanium From Russia — Will The Supply Woes Worsen?

Boeing Co (NYSE: BA) has suspended buying titanium from Russia since the country invaded Ukraine, The Wall Street Journal reported on Monday, citing a spoke

Benzinga

Boeing Suspends Purchase Of Titanium From Russia: Report

Boeing Co (NYSE:BA) has suspended buying titanium from Russia. This step might have ramifications for the company's relationship with its largest commodity supplier, VSMPO-Avisma, a Russian titanium producer, reported Reuters. "Our inventory and diversity of titanium sources provide sufficient supply for airplane production, and we will continue to take the right steps…

Benzinga

BOC Aviation Purchases 11 Boeing 737 MAX 8 Aircraft

BOC Aviation, a global aircraft operating leasing company, has agreed to purchase 11 new 737 MAX 8 aircraft from Boeing Co (NYSE:BA). Financial terms were not disclosed. The aircraft will be leased to Lynx Air on long-term leases and will be powered by CFM LEAP-1B engines and are scheduled for delivery in 2023 and…

Benzinga

Western Global Airlines Orders For Two Boeing 777 Freighters

Boeing Co (NYSE:BA) has received a firm order for two 777 Freighters from cargo operator Western Global Airlines. Financial terms not disclosed. The order was finalized in January and listed as unidentified in Boeing's order backlog. The agreement also included an additional purchase option. Boeing's 777 twin-engine freighter has a range of 4,970…

Benzinga

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Benzinga

Singapore Airlines Inks $2.8B Order For 22 GE9X Engines, Services

Singapore Airlines (OTC:SINGY) has ordered an additional 22 GE9X engines from General Electric Co (NYSE:GE) operating unit GE Aviation to power its 777-9 aircraft fleet. The order includes a 12-year GE TrueChoice services contract and is valued at $2.8 billion at list price. Singapore Airlines has 31 Boeing Co (NYSE:BA) 777-9 aircraft on order. In 2017, the…

Benzinga

Boeing Bags Five-Year Contracts To Support Korea's Three Critical Defense Platforms

Boeing Co (NYSE:BA) has received three performance-based logistics (PBL) contracts from the Republic of Korea's Defense Acquisition Program Administration (DAPA). The financial terms were not disclosed. These contracts will manage the sustainment of Republic of Korea Air Force (ROKAF) F-15K fighter jets and Airborne Early Warning & Control (AEW&C) aircraft and Republic of…

Benzinga

Boeing Buys 2M Gallons Of Sustainable Aviation Fuel For Commercial Operations

Boeing Co (NYSE:BA) entered a supply agreement for two million gallons (7.5 million liters) of blended sustainable aviation fuel (SAF) with EPIC Fuels. Deal terms not disclosed. The agreement will help power Boeing’s Commercial Airplanes operations in Washington state and South Carolina through 2022. Through this agreement, Boeing plans to reduce its carbon…

Benzinga

Why Boeing Shares Are Taking Off Today

Boeing Co (NYSE: BA) is trading higher Tuesday after the company launched its 777-8 Freighter and recently announced an order for up to 50 aircraft from Qatar Airways.

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Benzinga

Boeing Bags ~$20B Worth Order From Qatar Airways For The New 777-8 Freighter Aircraft

Qatar Airways will be Boeing Co's (NYSE: BA) launch customer for 777-8 Freighter, with a firm order for 34 jets and options for 16 more, worth more than $20 billion at current list prices.

Reuters

Boeing says Ukraine tensions creating 'adverse climate' for business

Boeing Co said on Monday the ongoing tensions between the United States and Russia over Ukraine were creating an "adverse climate" for its business and threatening to disrupt its supply chain.

Benzinga

China Airlines Orders Four Boeing 777 Freighters

Boeing Co (NYSE:BA) has received an order for four 777 Freighters from China Airlines, valued at $1.4 billion at list prices. The 777 Freighter has a range of 4,970 nautical miles (9,200 km) with a maximum revenue payload of 102 tonnes (224,900 lbs). The 777F will allow China Airlines to make fewer stops…

Benzinga

Boeing Clocks 3% Revenue Decline In Q4

Boeing Co (NYSE: BA) reported

Benzinga

GOL Secures $600M Financing For Fleet Transformation

Gol Linhas Aereas Inteligentes SA (NYSE:GOL) closed the financing of up to $600 million with Castlelake LP to finance the acquisition of new Boeing Co (NYSE:BA) 737 MAX 8 aircraft. The transaction will comprise ten finance leases and two sale-leasebacks. The interest rate for the finance leases is ~6% p.a. The funds originated will cover…

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