737 MAX

Investigators in Indonesia have concluded that design and oversight lapses played a key role in the October 2018 crash of a Lion Air Boeing Co (NYSE: BA) 737 MAX 8, The Wall Street Journal reported Sunday.  This is expected to be the first formal government finding that the plane...

Shares of airplane manufacturer Boeing Co (NYSE: BA) were trading lower Tuesday on news that the grounded 737 MAX fleet may come back online later than expected, according to The Wall Street Journal. What Happened Boeing's 737 MAX planes remain grounded worldwide after two fatal...

The 737 Max has been a nightmare for Boeing Co (NYSE: BA) and its investors, and the plane may soon cost the company its credit rating. On Monday, ratings agency Fitch said the 737 Max leaves Boeing with very little wiggle room to maintain its A credit rating in the near-term. Fitch has a...

JPMorgan analyst and General Electric Company (NYSE: GE) bear Stephen Tusa said this week the grounding of the Boeing Co (NYSE: BA) 737 Max could be good news for GE’s numbers when it reports second-quarter earnings July 31. On Tuesday, Gordon Haskett analyst John Inch said GE’s second-...

Boeing Co (NYSE: BA) announced Thursday afternoon it will take a $4.9 billion charge in second-quarter results as part of "considerations to customers for disruptions" related to the grounding of its 737 Max. Despite what appears to be a negative headline, several Street analysts...

Boeing Co (NYSE: BA) is selling “large numbers of commercial planes” to Qatar, U.S. President Donald Trump said Tuesday. Trump spoke with reporters while meeting Tuesday at the White House with the Emir of the oil-rich Persian Gulf nation, Sheikh Tamim bin Hamad Al-Thani. Qatar is...

Boeing (NYSE: BA) has set aside $100 million in funds for community needs of those affected by tragic accidents of Lion Air Flight 610 and Ethiopian Airlines Flight 302. The funds will support education, hardship and living expenses for impacted families, community programs, and economic...

The Department of Justice's investigation of Boeing is extending beyond the 737 MAX jet.  The jetmaker has been subpoenaed for records tied to the production of the 787 Dreamliner in South Carolina, according to The Seattle Times, which cited two unnamed sources familiar with the...

Boeing Co (NYSE: BA) expects it will complete the latest software update for the 737 MAX by September after new issues arose last week during a test, according to Reuters. The 737 MAX jets have been grounded since March after two fatal crashes in five months.  It was previously...

News of a new software problem on Boeing Co (NYSE: BA)’s already-grounded 737 MAX jet is unlikely to change an estimated six-to-nine-month time frame for the airplane’s return to service, according to Bank of America Merrill Lynch.  What Happened Chicago-based Boeing said in...

The International Air Transport Association (IATA) met with 737 MAX operators and regulators in Montreal to discuss the way forward for the troubled plane grounded since March, according to Dow Jones. The report states IATA has called for the "alignment on additional training requirements...

Southwest Airlines Co (NYSE: LUV) cut second-quarter available seat miles per gallon guidance from down 1% to flat, to down 1-2% due to the grounding of its Boeing 737 MAX. The airline highlights the Boeing 737 MAX aircraft was its most fuel-efficient aircraft. Southwest Airlines has continued to...

Boeing Co’s (NYSE: BA) 737 Max jets will begin flying again by December, a Federal Aviation Administration official told Bloomberg. The 737 Max jets have been grounded since March after two fatal crashes in five months. It was previously reported the jets will be flying again by the end of...

Once regulators approve Boeing Co (NYSE: BA)'s grounded 737 MAX jets for flight, each aircraft will require between 100 and 150 hours of preparation before flying, officials from the three U.S. airlines that operate the MAX told Reuters Thursday.  The preparation required includes...