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Boeing Chairman Talks CEO Compensation, Says Muilenburg 'Didn't Create This Problem'
Tuesday, November 5, 2019 - 12:20pm | 440Read More...Boeing Co (NYSE: BA) CEO Dennis Muilenburg faced "uncomfortable questions" related to compensation when he testified in front of U.S. lawmakers, Boeing Chairman David Calhoun told CNBC in a Tuesday interview. Compensation Muilenburg faced two days of congressional questioning in...
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CNBC's LeBeau: 'No Indication' Boeing's Board Will Fire CEO
Thursday, October 31, 2019 - 10:30am | 443Read More...Boeing Co (NYSE: BA) CEO Dennis Muilenburg was "hammered" by lawmakers during two days of Congressional testimony, with lots of pressure to resign, according to CNBC's auto and airline industry reporter Phil LeBeau. What Happened Sen. Ted Cruz (R-Texas) was among the very...
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Boeing CEO Muilenburg Grilled On 737 Max Crashes, Apologizes To Victim Families In Senate Hearing
Tuesday, October 29, 2019 - 5:28pm | 567Read More...Boeing Co (NYSE: BA) CEO Dennis Muilenburg told a U.S. Senate panel Tuesday he knew of the existence of internal messages about possible problems with an anti-stall system on the 737 MAX plane, possibly before a second crash blamed on the system, but only learned the details in recent weeks....
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Has Pain From Boeing's 737 MAX Issues Been Pleasure For Other Aerospace Stocks?
Tuesday, October 29, 2019 - 2:43pm | 289Read More...Boeing Co. (NYSE: BA) shares are down about 26% from highs in February and March of this year as the fallout continues from two mass fatality crashes involving the company's 737 Max jet and the model's subsequent grounding. Are investors looking for a Boeing replacement in their...
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Investigators: Boeing 737 MAX Involved In Lion Air Crash Shouldn't Have Flown
Friday, October 25, 2019 - 10:04am | 434Read More...Indonesia's National Transportation Safety Committee said in a report released Friday that Boeing Co (NYSE: BA) needs to improve its cockpit systems and American regulators need to conduct better oversight, according to the BBC. What Happened A Boeing 737 Max belonging to Lion...
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Airline Earnings: Southwest, American Report Strong Q3 Despite Continued 737 MAX Grounding
Thursday, October 24, 2019 - 9:10am | 468Read More...Southwest Airlines (NYSE: LUV) reported third-quarter earnings of $1.18 per share Thursday, which beat the analyst consensus estimate of $1.08 by 9.26%. This is a 9.26% increase over earnings of $1.08 per share from the same period last year. The company reported quarterly sales of $5.639 billion,...
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Boeing Reports Q3 Sales Beat, Safe Return Of 737 Max Remains Top Priority
Wednesday, October 23, 2019 - 7:47am | 347Read More...Boeing Co (NYSE: BA) reported third-quarter earnings of $1.45 per share, which may not compare to the analyst consensus estimate of $2.08. This would be a 59.5% decrease over earnings of $3.58 per share from the same period last year. The company reported quarterly sales of $19.98 billion, which...
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Has The 737 Max Put Boeing's Dividend At Risk?
Tuesday, October 22, 2019 - 1:40pm | 477Read More...Boeing Co (NYSE: BA) shares are down 11% in the past six months as the problems that grounded the 737 Max have proven more difficult to solve than many investors anticipated. Fortunately for Boeing bulls, one analyst said at least patient investors will likely continue to get paid to wait. The...
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Boeing Execs Respond To Leaked Messages As Congress Watches Closely
Monday, October 21, 2019 - 10:32am | 570Read More...Airplane manufacturer Boeing Co (NYSE: BA) acknowledged in a statement over the weekend that it will investigate a leaked message from a test pilot who highlighted concerns related to software in its 737 MAX that was involved in two fatal crashes, Reuters reported Monday. What Happened...
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FAA Concerned About Boeing Text Messages That May Indicate Company Misled Agency On 737 Max
Friday, October 18, 2019 - 4:31pm | 526Read More...Boeing Co's (NASDAQ: BA) stock plummeted Friday after a report that the company this week gave federal investigators text messages from 2016 suggesting it may have misled officials probing the grounded 737 MAX airplane. Federal Aviation Administrator Steve Dickson sent a letter to Boeing saying...
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7 Most Shorted Airline Stocks Since The 737 Max Grounding
Wednesday, October 16, 2019 - 11:17am | 614Read More...Airline stocks have been losing altitude over the past six months following the grounding of the Boeing Co (NYSE: BA) 737 Max. Delta Air Lines, Inc. (NYSE: DAL) shares sold off last week on concerns about rising costs and lackluster fourth-quarter guidance. To make matters worse, the Southwest...
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Report: Task Force Finds Errors By Boeing, FAA During 737 Max Certification
Friday, October 11, 2019 - 9:11am | 416Read More...Boeing Co (NYSE: BA) failed to adequately explain to regulators a new automated system that contributed to two crashes of the 737 Max, and the Federal Aviation Administration lacked the capability to analyze what Boeing did share about the new planes, according to a multiagency task force report,...
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American Airlines Pushes Back Return Of Grounded Boeing 737 MAX To January
Wednesday, October 9, 2019 - 9:49am | 440Read More...Boeing Co (NYSE: BA)'s grounded 737 MAX continues to weigh on the bottom-lines of carriers, with American Airlines Group Inc (NASDAQ: AAL) stating in a third-quarter operational update on Wednesday that the plane will remain out of service until Jan. 15, 2020, over a month later than the...
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Boeing Names Product And Services Safety Head In Wake Of Fatal 737 MAX Crashes
Monday, September 30, 2019 - 3:49pm | 368Read More...Boeing Co (NYSE: BA) said Monday it is taking a number of immediate actions to strengthen the company's commitment to product and services safety. CEO Dennis Muilenburg and the Boeing board of directors last week reaffirmed the company's commitment to aerospace safety and the safety of its...
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Buckingham Previews Boeing's Q3: 'Tactically Bullish'
Friday, September 27, 2019 - 3:57pm | 417Read More...Jet manufacturer Boeing Co (NYSE: BA) is expected to report third-quarter results in late October in what could prove to be an "inconsequential quarter," according to Buckingham Research Group. The Analyst Richard Safran maintained a Neutral rating on Boeing with an unchanged $...
















