Boeing

Aerospace manufacturer Boeing Co (NYSE:BA) might be able to cross off one of this week’s in-flight incidents as “not our fault.” When a LATAM flight went into a terrifying nosedive, it may have been due to a “cockpit seat mishap,” according to a late Thursday report...

Boeing Co (NYSE:BA) CEO Dave Calhoun is under intense scrutiny as the company grapples with a series of crises. Despite the ongoing turmoil, Calhoun has managed to retain his position, leaving industry experts and analysts perplexed. What Happened: Boeing has been embroiled in a series of crises,...

When it rains, it pours for Boeing Co. (NYSE:BA) as a string of recent mechanical failures that forced emergency landings have highlighted. The company, which came under investigation by the U.S. Federal Aviation Administration (FAA) in January after a door panel blew out in mid-flight, remained...

On Tuesday, U.S. stocks had ended in the green, with the Dow Jones Industrial Average rising 0.6% for the day to 39,005.49 and the S&P 500 gaining 1.12% to 5,175.27. Nasdaq had closed 1.54% higher at 16,265.64. These are the top stocks that gained the attention of retail traders and investors...

A former Boeing (NYSE:BA) employee known for raising safety concerns has been found dead. What Happened: A former Boeing employee, John Barnett, who had voiced concerns about the company’s production practices, was found dead, as reported by the BBC on Monday. Barnett, who had a 32-year...

On Monday, the U.S. stock market presented a mixed performance. The Dow Jones index managed to turn higher, trading up by 0.12% to 38,769.66. However, the NASDAQ and the S&P 500 indices fell by 0.41% and 0.11% respectively. Amidst this, several stocks caught the attention of retail traders and...

Delta Air Lines Inc. (NYSE:DAL) CEO Ed Bastian has expressed his anticipation of a potential delay in the delivery of Boeing Co.‘s (NYSE:BA) 737 Max 10 aircraft until 2027. What Happened: Bastian disclosed that the delivery of the 737 Max 10 aircraft, which Delta has ordered 100 off, could be...

Despite the Boeing 737 Max (NYSE:BA) returning to service, some passengers are choosing to boycott the aircraft due to safety concerns. What’s Happening: The reputation-damaging incident with Alaska Airlines has led to many opting out of flying on a Boeing carrier, CNN reported on Tuesday. Ed...

The Federal Aviation Administration (FAA) has identified Boeing Co (NYSE:BA) and its supplier Spirit AeroSystems Holdings Inc (NYSE:SPR) for non-compliance with manufacturing quality control regulations. What Happened: The FAA’s audit of the 737 MAX production line revealed several instances...

Emirates President Tim Clark has issued a stern warning to Boeing Co (NYSE:BA), urging the American aerospace giant to make significant changes in the wake of a recent safety incident. What Happened: Clark, speaking to reporters in London on Thursday, emphasized the need for Boeing to implement...

Boeing Co. (NYSE:BA) has agreed to pay a $51 million penalty to settle a U.S. administrative charge related to unauthorized exports of technical data to countries including China and Russia. What Happened: The settlement, announced by the U.S. State Department on Thursday, resolves nearly 200...

The U.S. Federal Aviation Administration (FAA) has issued a stern ultimatum to Boeing Co (NYSE:BA) to rectify its “systemic quality-control issues” within 90 days or face serious repercussions. What Happened: The FAA has demanded Boeing to draft a comprehensive plan to address its...

This year’s troubles at Boeing Co (NYSE:BA) prompted promises of fast action on quality control, and over the past couple of days the company has announced a leadership shake-up. Following the blow out of a door panel in mid-flight on one of its 737 Max 9 airliners in early January, the...

Bernstein Research analyst David Vernon upgraded Southwest Airlines Company (NYSE:LUV) from Underperform to Market Perform and raised the price target from $26 to $32 on Tuesday, citing a change in sentiment on domestic pricing. In a new note to clients, Vernon highlighted resiliency in travel...

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...