Company
Boeing Co
NYSE:BA
Boeing Co is an aerospace company. The company's segments include Commercial Airplanes (BCA), Defense, Space & Security (BDS), Global Services (BGS) and Boeing Capital (BCC). Its BCA segment develops, produces and markets commercial jet aircraft to the commercial airline industry worldwide.
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Dow salvages a win despite big Boeing losses
The Dow closed Monday up 217 points, 0.6%, at 37,683, the Nasdaq Composite gained 320 points, 2.2%, to 14,844 and the S&P 500 rose 66 points, 1.4%, to 4,764
Sustainable aviation fuel-powered Virgin flight crosses Atlantic
Virgin Atlantic's flight today will be the first to cross from Britain to America solely powered by sustainable fuel
Boeing confirms cyber attack hit parts business
The acknowledgement comes after ransomware group Lockbit said it stole data earlier this week
Boeing stock jumps as short-haul flight boom fuels record production ambitions
Boeing will aim to produce a record number of its 737s each month by 2025
Boeing rests sustainable aviation fuel supply hopes on Brazil
Many engines are already capable of running on SAF, though concerns sit on supply issues
Boeing favoured by China Airlines, Air Algérie as new deals penned
Boeing marked its first orders of the Paris Air Show with China Airlines and Air Algérie on Tuesday
New Saudi airline shows off at Paris Air show, but fears mount over Boeing order
Riyadh Air showed off its colours at the Paris Air Show, but concerns linger over Boeing's delivery woes
NASA and Boeing to test new low-emission concept aircraft
NASA and Boeing will develop a new design of aircraft, aimed at cutting emissions from the sector
Boeing accused of stealing trade secrets for NASA rocket
Boeing allegedly stole designs for tools used to fit engines to NASA's Space Launch System rocket
Boeing delays strike again as supplier reports 787 issue
Boeing has reported another delay, with issues now striking the 787 Dreamliner
Boeing liable for 737 MAX crash victim suffering
Boeing could face new lawsuits following the 2019 Ethiopian Airlines 737 MAX jet crash
Boeing's good run stalls after new MAX 737 problem halts deliveries
Deliveries have been halted due to a fuselage parts issue
Boeing resumes testing of ‘world’s largest and most efficient’ jet
Boeing said it had resumed testing after repeated delays
Boeing says farewell to final 747 jumbo jet
Boeing’s last 747 jumbo jet rolled off its Washington production line on Tuesday
Boeing shares take off then dive after aerospace giant reports $3.3B loss and revenue miss in 3Q results
The aerospace manufacturer reported a net loss of $3.3 billion, or $5.49 per share, for 3Q, a significant increase from its net loss of $132 million, or $0.19 per share, in the same quarter last year
Boeing shares dive on $200M fine to settle SEC 737 Max safety claims probe
It was alleged that Boeing and its former CEO Dennis Muilenburg made misleading statements to investors about the safety of the 737 Max aircraft following two crashes that killed 346 people
NASA's Artemis moon mission given green light to launch new space era
The Space Launch System (SLS) rocket, when it launches, will be the world’s most powerful rocket, able to carry more payload to deep space than any other vehicle
Boeing falls short on earnings and revenue, reiterates expectation to be cash flow positive for 2022
The company reported an adjusted loss per share of $0.37, compared to earnings per share of $0.40 in the same quarter in 2021 and falling below the consensus market expectation of a loss of $0.14 per share
Faroese firm faces fossil fuel flak for flying fresh fish
Campaigners warn the transatlantic flights raise fresh concerns over the impact the seafood industry has on climate change
Boeing stock plummets after quarterly earnings highlight production snafus
The company’s revenues dipped to $14 billion while its core operating loss came in at $2.75 per share
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US stocks close lower after Fed chair sounds alarm on surging inflation
Investors are also evaluating a rise in COVID-19 cases in Europe stemming from an emerging variant
Boeing 737 crashes in China with 132 people on board
The crash did not involve a Boeing 737 MAX, the model that had been involved in previous crashes in Indonesia and Ethiopia
US FAA warns that 5G signals could interfere with landing of some Boeing 737s
The directive affects about 2,442 airplanes in the US and 8,342 worldwide
Boeing is the latest aircraft maker that vows to enter the metaverse
The company's goal is for its next new aircraft to build and link virtual three-dimensional "digital twin" replicas of its jets
Boeing posts higher-than-expected third-quarter loss on Dreamliner costs
The US plane maker said low production rates and rework on the 787 Dreamliner aircraft are expected to result in approximately US$1bn of abnormal costs, of which US$183mln was recorded in the third quarter
Branson’s Virgin Orbit to go public in US$3.2bn Boeing-backed SPAC merger
The deal is expected to raise around US$483mln for the merged company, including US$100mln in commitments from investors led by Boeing and AE Industrial Partners
Boeing, Raytheon and other defence contractors slide amid US retreat from Afghanistan
Northrop Grumman, General Dynamics and Lockheed Martin stock all went into the red on Monday morning on Wall Street
Boeing-Airbus dispute between US and EU resolved after 17 years
A deal reached between Brussels and the Biden administration will see tariffs worth US$11.5bn between the two suspended for five years
Boeing's 737 MAX given all clear over electrical issues
"After gaining final approvals from the FAA, we have issued service bulletins for the affected fleet"
Boeing descends as it warns of another possible MAX fault
In a statement on Friday, the aircraft maker said it has recommended that 16 of its customers “address a potential electrical issue in a specific group of 737 MAX aeroplanes prior to further operations”
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Wall Street ends mixed as Dow picks up big tech slack
Equities were held back by a jump in Treasury yields as well as a grim milestone of 500,000 coronavirus deaths in the US
Boeing's 777 aircraft grounded by UK after engine failure rains debris down on Denver
The aircraft maker has recommended that 128 of the aircraft model using Pratt & Whitney 4000-112 engines should be grounded pending inspection by aviation regulators
Archive
Markets swoon, then recover on conflicting stimulus statements from Democrat Sen. Joe Manchin
The Dow, which opened up before dropping roughly 250 points into the red, managed to find its footing before the close
Boeing reaches multi-billion dollar settlement over 737 MAX crashes
The aircraft maker will avoid prosecution on fraud conspiracy charges by paying a US$243.6mln fine alongside US$1.77bn in compensation to airlines and US$500mln to set up a crash victim fund
Archive
Wall Street falls just short of Tuesday's record levels at the close
The S&P 500 and Dow each ended a three-day winning streak
Boeing posts fourth straight quarterly loss as coronavirus pandemic and 737 MAX grounding take a toll
The planemaker’s free cash outflow rose to $5.08 billion in the quarter, from $2.89 billion, a year earlier, while total debt jumped to $61 billion, from $19.2 billion
Archive
US stocks tank as coronavirus fears rekindle
After Monday’s rout, the tech-heavy Nasdaq is now down more than 11% from its all-time high set on September 2
What do Boeing, Disney and Starbucks have in common? Strong post-pandemic prospects, says Goldman Sachs
The three giants are expected to thrive in their respective sectors once coronavirus is curbed
Boeing shares fly a little higher after three days of test flights for its 737 MAX
The Max has been grounded since March last year after two horror crashes within five months of each other
Boeing stock drop to resume as order cancellations spook market
The aerospace stock is set to start Wednesday around 2.5% lower.
Boeing posts net loss for second straight quarter, unveils plans to cut its workforce by about 10%
However, the aircraft maker said it was confident of getting sufficient liquidity to fund its operations, sending its shares higher
Boeing says it will resume airplane production starting next week
The aerospace space giant is restarting operations at its facilities in Washington State by bringing back 27,000 workers
Boeing reportedly found debris that could pose potential safety risks in fuel tanks of several 737 MAX aircraft
Reuters said, in the memo Mark Jenks, general manager of Boeing’s 737 program, told employees that the debris was “absolutely unacceptable”
Boeing's woes continue as it gets zero orders for planes in January
It comes as its once best-selling jet, the 737 MAX, remains grounded following two fatal crashes
Boeing reports first annual loss since 1997 as costs from 737 Max crisis escalate
The airline manufacturing giant, which posted a profit of $10.46 billion in 2018, said it lost $636 million in 2019
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China Virus Spreads to U.S. With Health Officials on High Alert
The new virus “could be No. 2 or 3, that’s the concern,” Heymann said in an interview. “We need enough information to make a proper risk assessment.” Despite the worries, the new virus is likely less deadly than SARS, said University of Syd
Boeing's MAX aircraft ‘designed by clowns’, say internal messages
Exchanges released by the company on Thursday also appeared to paint a picture of a culture that prioritised cheap suppliers and working to “impossible schedules”
Boeing nosedives before the bell as news of latest fatal crash emerges; Cowen downgrades stock
The Boeing 737-800 passenger plane crashed shortly after take-off from Iran early on Wednesday morning
Boeing shares fly lower as it mulls raising debt to tide over 737 MAX jet grounding
Boeing is still working to ready the 737 passenger planes for service again after two crashes within five months