aviation

Shareholders of Boeing Co. (NYSE:BA) are set to vote on the board status of departing CEO Dave Calhoun, adding a twist to the company’s annual general meeting (AGM). What Happened: The vote will take place on Friday, during an AGM where investors are anticipated to seek clarity on the future...

As the world focuses on sustainability and reducing carbon footprints, clean tech stocks are gaining attention from investors seeking both financial returns and environmental impact. Out of the coverage universe of JPMorgan analysts Bill Peterson, Mahima Kakani and Bennett Moore, three clean...

A Boeing Co. (NYSE:BA) engineer has called for the grounding of the entire 787 fleet due to safety concerns. The engineer, Sam Salehpour, is set to testify before Congress on Wednesday. What Happened: Salehpour expressed his belief that all 787 jets should be grounded for comprehensive safety...

The Boeing Company (NYSE:BA) 787 Dreamliner is under new scrutiny as a Senate subcommittee prepares to investigate fresh safety allegations next week. What Happened: The Permanent Subcommittee on Investigations will hold a hearing next Wednesday to examine Boeing’s safety culture. This...

American Airlines (NASDAQ:AAL) has announced a significant change in its pet policy, allowing passengers to bring a full-size carry-on along with their pet carrier. What Happened: The airline’s new policy states that passengers can bring a pet carrier as a carry-on if they pay the carry-on...

Dave Calhoun, the CEO of Boeing Co (NYSE:BA), is set to retire at the end of this year. Despite the company’s ongoing challenges, Calhoun is expected to leave with a substantial financial package. What Happened: Calhoun, who took over as CEO in 2020, will step down at the age of 67. His...

The global airline industry has consistently cautioned passengers about the inevitable need to contribute to the $5 trillion expense of decarbonizing air travel. That time has now arrived. What Happened: Airlines across the world are raising ticket prices to offset the expenses of decarbonizing air...

In a recent development, Malaysia’s Ministry of Transport has hinted at the possibility of resuming the search for the missing Malaysia Airlines Flight 370 (MH370), a decade after the aircraft mysteriously disappeared. What Happened: The Ministry of Transport announced on Sunday that Ocean...

Archer Aviation Inc (NYSE:ACHR) reported worse-than-expected fourth-quarter financial results after the bell Monday. Here's a look at the details. The Details: Archer Aviation reported quarterly losses of 34 cents per share which missed the analyst consensus estimate of losses of 28 cents by 21.43...

In the wake of a recent incident involving one of its 737 Max planes, Boeing Co (NYSE:BA) has decided to replace the head of its 737 Max program. What Happened: The aerospace giant has announced that Ed Clark, the current head of the 737 Max program, will be leaving the company. This decision comes...

Christian Scherer, the CEO of Airbus SE‘s (OTC:EADSY) commercial aircraft business, has expressed his confidence in the face of emerging competition from China’s Comac C919. Scherer believes that the new entrant will not significantly impact the market. What Happened: Scherer made these...

China is set to display its Comac C919, a narrow-body passenger jet, at the Singapore Airshow. This marks the first time the aircraft will be showcased to a global audience. What Happened: The Comac C919, developed by the Commercial Aircraft Corporation of China (Comac), is being positioned as a...

An Alaska Air Group Inc (NYSE:ALK) aircraft that encountered an in-flight issue appears to have left the Boeing Co (NYSE:BA) factory without crucial bolts, insiders reveal. What Happened: Officials from the aviation industry, including representatives from Boeing, are increasingly convinced that...

Amelia Earhart, the iconic pilot who mysteriously disappeared in 1937, may have her long-lost plane finally discovered. A former U.S. Air Force officer, Tony Romeo, has spent $11 million on a high-tech unmanned submersible and may have found the plane. What Happened: Romeo, a former U.S. Air Force...

The world of aviation finance is reportedly convening for the first time since a recent in-flight cabin mishap instigated a new safety crisis for Boeing Co (NYSE:BA). The focal point of the conference is the aftermath of the Boeing 737 MAX 9 crisis on the $150 billion jet industry. What Happened:...