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The Latest Breaking News from Boeing

Priti Patel undeterred despite late grounding of Rwanda deportation flight

The Home Secretary described the European Court of Human Rights intervention as ‘very surprising’.

The Independent UK

Caterpillar to move headquarters to Texas, marking second major corporate departure from Illinois in 6 weeks

Less than six weeks after defense contractor and airplane-maker Boeing announced it would move its global headquarters out of downtown Chicago, leaders of another major corporation are set to leave the region.

Chicago Tribune

Boeing still lags Airbus in jet orders and production, may soon resume 787 deliveries

Monthly data from Airbus and Boeing for May shows the European giant still ahead of its U.S. rival in orders for the year and well ahead in production.

Tribune News Service

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Plane suspected to be flying refugees to Rwanda lands at Wiltshire military base

The Boeing 767 landed at MoD Boscombe Down on Tuesday morning.

The Independent UK

Argentina Seizes Passports of Grounded Plane's Iranian Crew

Five Iranian crew of a cargo plane grounded in Argentina since last week have had their passports temporarily seized pending a probe into possible links to Iran's Revolutionary Guards, officials said Monday. A judge on Monday ordered their travel documents held for an additional 72 hours after Security Minister Anibal…

Asharq Al-Awsat

Dutch group targets hydrogen-fuelled commercial flight in 2028

Consortium plans to adapt turboprop aircraft with 40-80 seats to run on environmentally friendly fuel

The Guardian - UK

Why Shares Of The Boeing Company Are Trading Lower

Boeing Company (NYSE: BA) shares are trading lower Monday alongside several companies in the broader industrials sector amid overall weakness as stocks continue to sell off following worse-than-expected May CPI data.

Benzinga

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Boeing Shares Drop 8% As Investors Brace For Another Disappointing Monthly Delivery Number

Boeing Co. (NYSE: BA) shares dropped 8% on Monday and are now down more than 52% in the past year ahead of what will likely be another lackluster monthly delivery number expected out on Tuesday, June 14.

Benzinga

Murder-suicides by pilots are vexing airlines as deaths mount

For decades, commercial airline travel has gotten progressively safer. But one cause of deaths has stubbornly persisted: pilots who intentionally crash in murder-suicides.

Tribune News Service

5 Stocks To Avoid Like The Plague When The Recession Starts

Many S&P 500 investors are convinced a recession is on the way. And if it is, you'll want to know which stocks to avoid.

Investors Business Daily

Argentina grounds Iran-linked Venezuelan cargo plane, lawmakers seek probe

Argentine authorities have grounded an Iran-linked Venezuelan Boeing 747 cargo plane, a local opposition lawmaker and Iranian state media said on Sunday, in an unfolding drama that is throwing a spotlight on political undercurrents in Latin America.

Reuters

India in talks for more Apache, Chinook choppers: Boeing official

F/A-18 E/F Super Hornet fighter has distinct advantages over Rafale-M, says Boeing vice-president Torbjorn Sjogren

The Hindu

Trump’s Air Force One deal pains the Pentagon, not just Boeing

The fixed-price contract for the new Air Force One that Donald Trump talked Boeing Co. into signing hasn’t just caused the $1.5 billion in cumulative losses so far that the company’s CEO has lamented. It has also created headaches for the Air Force.

Tribune News Service

Why Boeing Shares Are Falling Today

Boeing Co (NYSE: BA) shares are trading lower by 4.44% to $127.79.

Benzinga

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news in one place.

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The Independent UK

Biden nixes Trump design for Air Force One over cost, delay

President Joe Biden’s administration has scrapped former President Donald Trump’s red, white and blue design for the new generation of presidential aircraft after an Air Force review suggested it would raise costs and delay the delivery of the new jets

The Independent UK

Biden ditches Trump’s Air Force One paint job deemed too dangerous to fly

‘Trump paint scheme is not being considered because it could drive additional engineering, time, and cost,’ Biden administration official says

Tribune News Service

White House set to nominate next FAA administrator, former city transit exec Phil Washington

The White House is set within days to announce Phil Washington, CEO of Denver International Airport, as its nominee to be the next FAA administrator, according to two people familiar with the deliberations.

The Hindu

Griffin, Akasa Air tie up for aircraft sale, leaseback

Agreement for first five Boeing 737 MAX planes

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Financial Times

The Man Who Broke Capitalism — did Jack Welch destroy corporate America?

In his sharp, provocative book, David Gelles argues that the GE boss’s brutal efficiency drive led to long-term decline

Birmingham Post

Deal delays cause drop in sales at global security pass specialist Intercede, but outlook ‘positive’

Clients have included the US Department of Homeland Security, Boeing, Wells Fargo, Deutsche Telekom and Airbus

Benzinga

Southwest Picks Astronics To Provide Latest Generation Of In-Seat Power System

Astronics Corp (NASDAQ:ATRO) has secured a contract from Southwest Airlines Co (NYSE:LUV) to provide EMPOWER Passenger In-Seat Power System for installation on 475 Boeing Co (NYSE:BA) 737 MAX-7 and MAX-8 aircraft. Financial terms not disclosed. The award is part of Southwest's recently announced cabin upgrade initiative to enhance the customer experience. The system configuration selected by Southwest will provide 60W…

Investors Business Daily

Boeing Stock Stages A Strong Bounce; This Short Straddle Option Trade Could Produce $1,645

This Boeing stock trade is a short vega trade. If implied volatility increases early in the trade, losses could occur.

Benzinga

TriMas Aerospace Bags Boeing T-7A Defense Contract

TriMas Corp (NASDAQ:TRS) has secured multi-year contracts from Boeing Co (NYSE:BA). The financial terms were not disclosed. TriMas Aerospace's RSA Engineered Products (RSA) business was awarded several components used in fluid conveyance applications, more specifically within the air ducting system, by Boeing for its T-7A Red Hawk training jet program. "We are proud…

Tribune News Service

As Boeing pushes for exemption for Max 10, report to FAA critiques 737 crew-alerting system

An independent report commissioned by the Federal Aviation Administration may influence a crucial, looming decision about Boeing's not-yet-certified-to-fly 737 Max 10.

Los Angeles Times

How 'Top Gun: Maverick' made those groundbreaking aerial scenes soar

Before filming "Top Gun: Maverick," with actors taking real G-forces in Boeing F/A-18 Super Hornet fighter jets sporting Imax-grade cameras, cinematographer Claudio Miranda pulled a Tom Cruise and climbed into the cockpit himself.

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