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The Latest Breaking News from Boeing

Boeing to build new 'Phantom Works' facility in St. Louis for future military aircraft

BERKELEY, Missouri — Boeing is building a secure, 47,500-square-foot "Phantom Works" facility here that will focus on future military aircraft, the company announced today.

St. Louis Post-Dispatch

Lack of air traffic controllers is industry's biggest issue, United Airlines CEO says

United Airlines CEO says the shortage of air traffic controllers has been a decades-long problem.

WEKU

2 Bearish Option Ideas To Consider This Wednesday

Yesterday, we looked at some bullish trades, so today, we are going to look for some bearish candidates.

Barchart

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Defense contractors gouging taxpayers

“The gouging that takes place is unconscionable,” said former top negotiator for Raytheon and, later, the Pentagon

Salon

Climate protests over private jets disrupt Geneva Airport flights

Around 100 climate protesters demanding a ban on private jets disrupted flights at Geneva Airport on Tuesday and blocked entry to an aircraft exhibition at Europe's flagship business jet event.

Reuters

China's mysterious space plane released an unidentified 'object' in orbit, US intelligence reveals

Here's what we know (and don't know) about China's mysterious space plane, which just landed after nine months in orbit on a secret mission.

LiveScience

Blue Origin wins NASA contract to join SpaceX for moon landings

Billionaires Jeff Bezos and Elon Musk officially have something else in common, as NASA awarded its second moon landing contract for the Artemis program to a large group of aerospace companies led by Blue Origin.

Orlando Sentinel

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US State Department approves potential sale of Chinook helicopters to Germany, Pentagon says

The U.S. State Department has approved the potential sale of CH-47F Chinook helicopters and related equipment to Germany for as much as $8.5 billion, the Pentagon said on Thursday.

Reuters

Debt Ceiling Standoff Weighs on Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.46%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.68%. Stock indexes Tuesday closed moderately lower ahead of U.S....

Barchart

Boeing wins $40bn order from Ryanair

Boeing has secured a landmark order from one of its most important customers, with Ryanair agreeing to purchase as many as 300 of the company’s largest 737 Max aircraft in a bet on the post-pandemic travel recovery.

Bangkok Post

Ryanair plans rapid expansion as it orders up to 300 new Boeing jets

Multibillion-dollar deal for 737-Max-10s could double capacity at budget airline and create 10,000 jobs

The Guardian - UK

NASA platform used to launch Apollo 11 to the moon set for demolition

NASA's Mobile Launch Platform-3, from which the first astronauts departed Earth to fly around and land on the moon now, itself, only has a limited time left on the planet.

Space

Qantas can’t charge these prices forever: The challenge ahead for new chief Vanessa Hudson

Vanessa Hudson will increasingly have to turn her mind to all the long-term challenges that existed for Qantas before 2020.

The New Daily

The World’s Busiest Airports: Kiplinger Economic Forecasts

Find out how U.S. airports are faring and the outlook post-COVID-19

Kiplinger

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Businessweek

Airbus Bets on a Stretched A220 Jet to Beat Boeing’s 737

Altering an existing plane could save the company billions of dollars compared with developing a new one—but it risks cannibalizing sales of its mainstay A320.

The Conversation

Qantas can't charge these prices forever: the challenge ahead for new chief Vanessa Hudson

Vanessa Hudson, who will replace Alan Joyce as Qantas Airlines’ chief executive in November, inherits an airline still struggling to resume services after the pandemic and border closures shuttered much of the global aviation industry in 2020.

The Hindu

Boeing announces winners of 8th national aeromodelling competition

This year’s competition attracted close to 2,200 students across India, and saw a two-fold increase in participation across zonal and national rounds. 39 finalists from 12 teams were selected for the finale

ABC News

Australian Transport Safety Bureau finds Boeing 737 crashed into ridge while fighting fire

Authorities complete their preliminary investigation into a firebombing aircraft crash in Western Australia's south earlier this year, revelaing the pilots escaped through a cockpit window.

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StockNews.com

Ready to Dive Into Virtual Reality? Consider These 3 Stocks for Your Portfolio

Virtual Reality (VR) is now widely available to the public, thanks to the advancements in hardware and software. Given the growing applicability of VR across various industries, it could be wise to add fundamentally strong VR players Microsoft (MSFT), General Electric (GE), and Baidu (BIDU) to one’s portfolio. Read more….

Daily Record

Donald Trump lands in Scotland and declares 'It's good to be home'

The 45th president, who announced he will be running for a second term in 2024, touched down in Aberdeen at 11.25am alongside son Eric on board his private Boeing 757 jet, nicknamed Trump Force One.

The Independent UK

Report: FAA overruled engineers, let Boeing Max keep flying

A new report says some engineers for the Federal Aviation Administration wanted to ground the Boeing 737 Max soon after a second deadly crash, but were overruled by higher-ups at the FAA

Space

NASA updates schedule for astronaut flights to space station through 2024

NASA is nailing down its calendar with Boeing and SpaceX, laying out who will fly astronauts to the International Space Station when.

Roll Call

Warren: Hundreds of former feds working for defense corporations - Roll Call

Nearly 700 former top federal civilian officials, generals and admirals now work for major defense contractors, according to a Senate report.

Reuters

Ryanair to trim flights in July, August but passenger target on track

Ryanair will likely trim some flights in August due to delivery delays from Boeing but there will be no material impact on customers, senior executive Eddie Wilson said in an interview on Tuesday.

Birmingham Post

Boeing and Gloucestershire aerospace parts firm Ontic land new distribution deal

Ontic said the agreement would support its product line at the company’s UK base in Staverton

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