The Boeing Company (NYSE:BA) nominates Steve Mollenkopf and Akhil Johri as new directors The Boeing Company [NYSE: BA] Board of Directors has nominated Steve Mollenkopf and Akhil Johri to be elected as directors at the company’s upcoming annual meeting of shareholders. The board also announced independent directors Edward Liddy and Mike Zafirovski will not stand […]
The Boeing Company (NYSE:BA) Starliner under extra scrutiny in wake of 737 Max crashes, deaths In the wake of Boeing’s 737 Max fiasco and resulting 346 deaths, the company’s Starliner crew capsule is coming under extra scrutiny. The spacecraft failed to reach the International Space Station during a pivotal test flight in December. The company said a software glitch caused […]
The Boeing Company (NYSE:BA) Q4 Earnings Preview On Wednesday, January 29, Boeing (NYSE: BA) will release its latest earnings report. Decipher the announcement with Benzinga’s help. Earnings and Revenue Wall Street analysts see Boeing reporting earnings of $1.39 per share on revenue of $21.06 billion. n the same quarter last year, Boeing posted EPS of $5.48 […]
The Boeing Company (NYSE:BA) 2020 Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 349.93. The projected upper bound is: 345.64. The projected lower bound is: 305.46. The projected closing price is: 325.55. Candlesticks A black […]
The Boeing Company (NYSE:BA) Starliner crew capsule successfully performed an emergency abort test Boeing’s Starliner crew capsule successfully performed an emergency abort test Monday, meeting a key requirement before it can take US astronauts to the International Space Station as early as next year. The test took place in the New Mexico desert at the […]
The Boeing Company (NYSE:BA) Chief Executive Dennis Muilenburg testifies before a Senate Commerce, Science and Transportation Committee hearing on “aviation safety” In two combative hearings on Capitol Hill last week, lawmakers pressed Boeing’s CEO Dennis Muilenburg on why he hasn’t given up his pay after two fatal crashes of its 737 Max planes that killed […]
The Boeing Company (NYSE:BA) Chief Executive Dennis Muilenburg faced another round of tough questions Boeing Chief Executive Dennis Muilenburg faced another round of tough questions on Wednesday, with lawmakers calling out the aerospace giant for not holding top leaders accountable after two deadly crashes. The second round of congressional hearings into the Boeing 737 MAX […]
The Boeing Company (NYSE:BA) texts reveal flawed simulator, not smoking gun: ex-colleagues Four days after leaked internal pilot messages set off a media firestorm for Boeing Co, former colleagues have defended a former pilot who voiced concerns about unreported 737 MAX software problems two years before fatal crashes. Chief Technical Pilot Mark Forkner described in […]
The Boeing Company (NYSE:BA) survey showed that employees felt pressure from managers on safety approvals A 2016 internal survey at Boeing showed a third of employees polled felt “potential undue pressure” on the job, including for safety approvals, according to documents received by lawmakers investigating the manufacturer’s 737 Max plane following two fatal crashes. Some employees in […]
The Boeing Company (NYSE:BA) CEO, removed as chairman, nears last chance on 737 Max The clock is ticking ever more loudly for Boeing Co. Chief Executive Dennis Muilenburg as the grounding of the 737 Max hits the seven-month mark. The board removed him as chairman Friday after the close of the workweek, saying the change […]
The Boeing Company (NYSE:BA) Diverge Further On Expectations For 737 Max Return American Airlines (AAL) has canceled Boeing 737 Max flights through mid-January, throwing the plane-maker’s timetable about a return to service into doubt. Boeing stock was flat early Wednesday. The airline previously had canceled flights through early December and now plans to gradually ease the […]
Pilots from Texas-based Southwest Airlines said Monday they had filed a lawsuit against Boeing, accusing it of “deliberately misleading” them over the 737 MAX, which has been grounded after two deadly crashes. Nearly 350 people died in crashes in Indonesia in October 2018 and in Ethiopia in March this year. “We have to be able […]
End of The Boeing Company (NYSE:BA) 737 MAX grounding up to individual countries The Federal Aviation Administration said Monday that it still has no timeframe to lift the grounding of the Boeing 737 MAX, and that individual countries will decide when the plane can fly again. “Our first priority is safety, and we have set […]
The Boeing Company (NYSE:BA) committee expected to make safety recommendations A small committee from Boeing’s board is expected to deliver safety recommendations to the full board this week, according to a source with knowledge of the situation. The committee is expected to call for changes to the company’s structure — including the creation of new […]
The Boeing Company (NYSE:BA) 737 Max project flawed One of the engineers who helped design the aircraft involved in two fatal crashes has told the BBC: “My family won’t fly on a 737 Max.” Adam Dickson worked at Boeing for more than 30 years and led a team of engineers working on the 737 Max. He told the Panorama programme that production […]
The Boeing Company (NYSE:BA) will consider temporarily shutting down production of the 737 Max Boeing’s CEO says the company will consider temporarily shutting down production of the 737 Max if the plane’s return is significantly delayed beyond the company’s October forecast. The comment by Chairman and CEO Dennis Muilenburg underscores the uncertainty swirling around the […]
The Boeing Company (NYSE:BA) slid after ratings agencies issued a negative outlook Boeing shares slid Monday after ratings agencies issued a negative outlooks for the maker of the 737 Max, as the fallout from two fatal crashes of the planes continue to pile up on the manufacturer. Fitch Ratings and Moody’s Investors Service upheld Boeing’s credit […]
The Boeing Company (NYSE:BA) Expected to Beat Earnings Estimates Wall Street expects a year-over-year decline in earnings on lower revenues when Boeing (BA) reports results for the quarter ended June 2019. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is […]
The Boeing Company (NYSE:BA) secured a modification contract to provide integrated logistics support The Boeing Company BA recently secured a modification contract to provide integrated logistics support, product assurance and Longbow Crew Trainers for Apache aircraft. Work related to the deal is scheduled to be completed by Dec 31, 2024. Valued at $96.9 million, the contract […]
The Boeing Company (NYSE:BA) Make Passengers Safer? Two important economists have written the most important analysis so far of the Boeing 737 Max crisis. It is called “Make Passengers Safer? Boeing Just Made Shareholders Richer,” and it’s by Mustafa Erdem Sakinç, a young French economist who teaches at the University of Bordeaux and specializes in “aerospace, pharmaceutical […]
$BA The Boeing Company (NYSE:BA) said some of its 737 planes, including many 737 Max aircraft, may have faulty parts on their wings Boeing on Sunday said some of its 737 planes, including many 737 Max aircraft, may have faulty parts on their wings. It’s the latest problem Boeing faces as it tries to get […]
The Boeing Company (NYSE:BA) secured a $51.5-million contract for providing sustainment engineering services to support up to 17 C-40A aircraft The Boeing Company BA recently secured a $51.5-million contract for providing sustainment engineering services to support up to 17 C-40A aircraft. The contract was awarded by the Naval Air Systems Command, Patuxent River, MD. Per […]
The Boeing Company (NYSE:BA) knew of a software error that prevented the correct functioning of an alert system on the 737 Max for over a year before notifying airlines and regulators Boeing knew of a software error that prevented the correct functioning of a safety alert system on the 737 Max for a year before […]
The 737 Max issues have made The Boeing Company (NYSE:BA) stock less attractive The advances of commercial airliners are amazing, as they have innovative designs, sophisticated computer systems and unprecedented energy efficiency. But those advances have also led to mind-numbing complexity that pose safety issues, leading to problems for Boeing (NYSE:BA) stock. Unfortunately, that scenario […]
The Boeing Company (NYSE:BA) trying to regain public trust after deadly crashes Boeing (NYSE:BA) Co Chief Executive Dennis Muilenburg will face shareholders on Monday for the first time since two fatal crashes that led to the 737 MAX’s grounding worldwide and triggered investigations, lawsuits and a sharp loss in share value. Battling the biggest crisis […]
The Boeing Company (NYSE:BA) further downside expected With Boeing’s (Boeing’s Stock Quote, Chart NYSE:BA) share price in a tailspin, the curious investor might be wondering if now’s the time to be buying the stock on the cheap. Not yet, says portfolio manager Chris Stuchberry, who claims that there could very well be further downside ahead. […]
The Boeing Company (NYSE:BA) faces perhaps one of the biggest crises in its history Boeing (NYSE:BA) faces perhaps one of the biggest crises in its history. The company had staked much of its future on the 737 Max line of aircraft. However, with two crashes in the last five months, regulators and airlines have grounded the […]
Citi resuming coverage of The Boeing Company (NYSE:BA) as buy Citi said if the company manages to fix the 737 Max within months Boeing shares could return to $400 or higher. “A lot has happened since our research restriction went into place in July 2018. Obviously, the near-term narrative is focused on getting the MAX […]
The Boeing Company (NYSE:BA) stock remains richly valued, despite escalating, fundamental headwinds It’s been a rough month for Boeing (NYSE:BA). stock There has been a storm of controversy surrounding the company following two very similar, fatal crashes involving Boeing’s 737 Max 8 planes. This controversy has left investors in a “sell first, ask questions later” mood when […]
The Boeing Company (NYSE:BA) Stock Remains a Strong Buy Boeing BA shares had been on a bit of a decline before the deadly Ethiopian Airlines crash involving the aerospace power’s 737 MAX aircraft. Despite the deadly incident and the current investigation into the cause of the Ethiopian crash, Boeing stock remains a strong buy and its shares popped over […]
The Boeing Company (NYSE:BA) 737 Max Down For Another Month? American Airlines cancelled flights related to the Boeing 737 MAX through April 24. That’s roughly 90 American Airlines flights per day. That suggests that the U.S. won’t clear the 737 Max for at least another months. U.S. air safety regulators tentatively approved Boeing 737 Max software and […]
The Boeing Company (NYSE:BA) a buy? Aerospace-Defense Aerospace and Defense are far from mature with innovation being the bedrock for this industry. I see only growth for those companies leading in this space. Over the past year, this industry’s equity prices have been up and down ending up close to flat for the year. I […]
The Boeing Company (NYSE:BA) Company engineers cleared equipment at center of crash probe U.S. federal authorities began exploring a criminal investigation of how Boeing Co.’s 737 Max was certified to fly passengers before the latest crash in Ethiopia involving the new jet, according to people familiar with the probe. The investigation was prompted by information […]
Is The Boeing Company (NYSE:BA) Doomed or Will It Bounce Back? Prima facie Boeing is in deep trouble. But, let’s admit that even after this drubbing, Boeing’s share price is at $375.41 and remains the highest among the Dow components. Moreover, it’s likely to hover near that price since it’s too early to tell whether […]
The Boeing Company (NYSE:BA) stock is down after the crash of a Boeing 737 Max 8 Jet Boeing stock is down after the crash of a Boeing 737 Max 8 Jet. So many lives lost … our thoughts are with the families. With emotions still running high, many investors are wondering how to approach BA […]
The Boeing Company (NYSE:BA) shares tumble following fatal crash in Ethiopia Shares in aircraft manufacturer Boeing fell by more than 10 per cent during the session, after some airlines moved to ground its 737 MAX 8 planes following a fatal crash in Ethiopia. The 737 MAX 8 was the same model of aircraft that crashed into the […]
The Boeing Company (NYSE:BA) 737 Max crash operated by Ethiopian Airlines is bringing out equity bears News of a Boeing Co. 737 Max crash operated by Ethiopian Airlines is bringing out equity bears. Futures contracts on the Dow Jones Industrial Average Index — where Boeing has the largest weighting — slid as much as 0.7 […]
The Boeing Company (NYSE:BA) looks like a strong buy Boeing announced near the end of February that Brazil-based Embraer SA shareholders approved their joint venture. The proposed deal, which has been in the works for some time now, will see Boeing pay roughly $4.2 billion for an 80% stake in Embraer’s commercial jetliner business. The […]
The Boeing Company (NYSE:BA) stock broke out on strong Q4 earnings and have continued higher Boeing sees China as the fastest-growing market for new jets in the coming decades. Boeing’s business hasn’t been affectedly notably so far during the China trade war, because jet orders come after long talks followed by years before actual deliveries […]