Boeing

Once again an airline is moving back its scheduled reintroduction of the Boeing 737 MAX into regular service. On Tuesday, American Airlines announced it is canceling the troubled aircraft from its schedule until June 4, the same date United Airlines settled on more than three weeks ago for its...

David L. Calhoun began his first day as Boeing's new chief executive on Monday with a mandate to get the troubled 737 MAX approved for commercial flight again so the company can resume production and staunch months of financial bleeding. How he manages the crisis will not only impact Boeing Co (...

For the second time in five weeks, the Federal Aviation Administration is proposing a multi-million dollar penalty against Boeing Co (NYSE: BA) for allegedly installing improperly manufactured components on the wings of some of its 737s. The latest penalty proposal, announced by FAA late Friday...

The Boeing Company (NYSE: BA) on Thursday released internal documents pertaining to employee communications about the 737 Max aircraft between 2013 and 2018, which suggests that the employees deliberately ignored the safety issues with the now-grounded line. What Happened According to the...

NASA and Boeing Co (NYSE: BA) are working on forming an independent team to investigate the key issues that stopped its uncrewed orbital flight from reaching the International Space Station in December, according to Reuters. What Happened NASA said it would start an investigation together with...

The story was updated to reflect the number of victims. A Boeing 737 aircraft of The Boeing Company (NYSE: BA) carrying at least 170 passengers crashed shortly after departing the Imam Khomeini airport in Iran on Wednesday due to technical glitches, the state-run Iranian Students News Agency...

The Boeing Co. (NYSE: BA) on Tuesday said it is recommending simulator training in addition to computer-based training for all pilots that will fly the 737 MAX, prior to its return to service. The move is likely to add further time and cost to the resumption of commercial flights and is a major...

How do you measure a bull or bear market? Sure, there’s the classic definition of a bear market being 20% off a high. But if we’re talking price action, it might be this: In a bear market, rallies tend to fade, and in bull markets, a downside scare tends to reverse quickly, as bargain...

The new week kicks off a bit differently than people might have expected at the end of 2019, when all eyes were on the huge Q4 rally and the approach of earnings season.  Last Thursday’s U.S. military attack sent major indices to their biggest daily losses in a month on Friday. Sellers...

The Boeing Company's (NYSE: BA) 737 MAX aircraft has more design flaws than previously anticipated, an internal audit conducted by the company has shown. What Happened According to a report by the New York Times on Sunday, an internal audit by Boeing in December found concerns related to wiring...

Air cargo industry forecasts for 2020 are now out and company revenue budgets are locked in. Air cargo is cautiously looking for a mild 2% turnaround on volumes in 2020, according to the International Air Transport Association (IATA), after its worst year since 2009. A rebound would be welcome...

(JJ Kinahan is out of the office today, so Alex Coffey, sr. specialist, Trader Group, is filling in). A question for the market today on Christmas Eve is whether we’re in for a Santa Claus rally during the last five trading sessions of 2019 and the first two of next year.  We...

Wrapping up Boeing Co’s (NYSE: BA) turbulent year, the aircraft manufacturer announced the firing of CEO Dennis Muilenburg on December 23. Muilenberg’s termination was effective immediately, and Chairman David Calhoun will become the CEO in January. This is the latest headwind in Boeing...

The Boeing Co. (NYSE: BA) on Monday said it was replacing CEO Dennis Muilenburg with Chairman David L. Calhoun as the aerospace manufacturer continues to lose money and public trust over its handling of the 737 MAX crisis following two crashes that killed 346 within the past year. Chief Financial...

United Airlines Inc. (NASDAQ: UAL) has pulled the embattled Boeing 737 MAX from its flight schedule until June 4, nearly two months later than the expected return to service announced last week by rivals Southwest Airlines (NYSE: LUV) and American Airlines (NASDAQ: AAL).  Earlier on Dec. 20,...