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FAA Head Assures Congress Boeing 737 Max Won't Return Until Safe
Wednesday, May 15, 2019 - 4:35pm | 771Read More...The lead U.S. aviation regulator told Congress Wednesday that the agency is driven to make sure Boeing Co. (NYSE: BA)’s 737 Max airplane is safe and gave assurances it won’t return to the air until the Federal Aviation Administration is convinced that's the case. Acting FAA...
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WSJ: Boeing Failed To Disclose Known Safety Alert Problem
Monday, May 6, 2019 - 10:51am | 398Read More...Aircraft maker Boeing Co (NYSE: BA) was aware of a problematic cockpit safety alert for a year and didn't share the information with airlines and government regulators, The Wall Street Journal reported Sunday, citing industry and government officials. What Happened One of Boeing's...
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Boeing CEO Grilled By Shareholders On 737 Max Issues
Monday, April 29, 2019 - 1:45pm | 589Read More...Boeing Co (NYSE: BA) stock traded mostly flat Monday after CEO Dennis Muilenburg discussed the company’s outlook with shareholders in the wake of its 737 Max issues. The 737 model was grounded earlier this year after two fatal crashes involving its most popular model. Muilenburg denied...
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American Airlines Cancels 737 MAX Flights Through August 19
Monday, April 15, 2019 - 11:00am | 489Read More...According to reporter Shannon Stapleton of Reuters, American Airlines Group (NASDAQ: AAL) announced today (April 14) that it will cancel all of its flights using the Boeing Co (NYSE: BA) 737 MAX 8 aircraft through August 19 as the fleet remains grounded. The airline indicated that the...
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What Boeing Looked Like The Last Time It Went A Month Without Selling A 737
Wednesday, April 10, 2019 - 4:45pm | 878Read More...Beleaguered Boeing Co. (NYSE: BA) didn’t book any new 737 sales in March for the first time in about seven years after the 737 MAX model was grounded after two crashes in recent months that killed a total of 346 people. The Wall Street Journal reported this week that the last time...
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Preliminary Report Says Ethiopian Airlines Pilots Followed Boeing's Approved Emergency Procedures
Thursday, April 4, 2019 - 11:09am | 414Read More...Ethiopian authorities said in a press conference Thursday that initial findings from an investigation of a 737 MAX crash that killed 157 people found that the pilots followed Boeing Co (NYSE: BA)'s approved emergency procedures. What Happened Air accident investigators in Ethiopia said a flight...
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Boeing Announces 737 MAX Software Update; Feinseth Says To Buy Weakness In Jet Manufacturer's Stock
Thursday, March 28, 2019 - 11:30am | 395Read More...Boeing Co (NYSE: BA) offered a preview of new software, cockpit alerts and training programs for 737 Max planes Wednesday, according to CNBC. What Happened Boeing Vice President Mike Sinnett told reporters on Wednesday it is working with customers and regulators to "restore faith in our...
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Southwest Airlines Lowers ASM Growth Guidance
Wednesday, March 27, 2019 - 9:25am | 347Read More...Shares of Southwest Airlines Co (NYSE: LUV) traded marginally lower Wednesday morning after management revised its revenue outlook lower. What Happened Southwest lowered its revenue per available seat growth from 3-4 percent to a new range of 2-3 percent for the first quarter. The revision follows...
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Argus Downgrades Boeing On Near-Term 737 Max Risk
Tuesday, March 19, 2019 - 9:30am | 355Read More...Boeing Co (NYSE: BA)'s stock has hit the skids following reports of two fatal Boeing plane crashes, and one Wall Street analyst said Tuesday he’s stepping to the sidelines until the causes and implications of the crashed are better understood. The Analyst Argus analyst John Eade...
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Headline Edge: How News On Boeing's 737 Is Affecting Different Markets
Monday, March 18, 2019 - 10:58am | 741Read More...One of the biggest global stories of the last week has been the developing situation surrounding Boeing Co. (NYSE: BA) and the implications of the tragic Ethiopian Airlines crash of a Boeing 737 MAX 8 aircraft that claimed the lives of all 157 passengers and crew. It was the second such crash of a...
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Report: DOJ, DOT Scrutinizing Boeing 737 MAX Jets
Monday, March 18, 2019 - 10:21am | 683Read More...Following two fatal crashes of Boeing Co (NYSE: BA)'s 737 Max Jetliners, federal prosecutors and the Department of Transportation are scrutinizing the development and rise of the plane, the Wall Street Journal reported Sunday. What Happened A grand jury subpoena was issued...
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Morgan Stanley Expects Sabre To See 'Minimal Disruption' From 737 Max Grounding
Monday, March 18, 2019 - 10:00am | 377Read More...Technology provider to the travel industry, Sabre Corp (NASDAQ: SABR) is likely to see "minimal disruption" to its business from the grounding of Boeing Co (NYSE: BA)'s 737 Air Max, according to Morgan Stanley. The Analyst Morgan Stanley's Brian Essex maintains an Equal-weight...
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Trump: US Will Ground Boeing 737 Max 8 And Max 9 Jets
Wednesday, March 13, 2019 - 3:20pm | 577Read More...Boeing Co. (NYSE: BA)'s 737 Max 8 and Max 9 planes will be grounded by the U.S. government for an indefinite time, President Donald Trump told reporters Wednesday. The order follows the crash this past weekend in Africa of an Ethiopian Airlines 737 Max 8 that killed 157 people and was the...
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Boeing Falls Following Cautious 737 MAX Flight Suspensions
Wednesday, May 10, 2017 - 3:21pm | 321Read More...Boeing Co (NYSE: BA) shares plummeted as much as 3 percent Wednesday as traders circulated reports that 737 MAX test flights were suspended for engine inspections. The company later confirmed the temporary halt, citing issues with low-pressure turbine discs in the LEAP-1B engines developed jointly...
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The Boeing Company Faces a Future Without Its Fighter Jets--So What?
Tuesday, September 30, 2014 - 10:28am | 550Read More...Defense budget priorities may be nudging The Boeing Company (NYSE: BA) out of the jet fighter business. Will the current trend, which favors rivals such as Lockheed Martin Corporation (NYSE: LMT), impact investors of the aerospace giant? Not really. Friendly Skies Lockheed, which derives a...
















