The preliminary finding gives investigators a new line of inquiry as they study a crash that killed all but one of the plane's passengers.
An automatic emergency power generating system might have deployed on the 787 jet that crashed shortly after takeoff in India last week.
With yet another war in the Middle East, defense stocks could rise significantly.
Boeing stock has strongly outperformed the S&P 500 in 2024, driven by robust airplane orders and improving production stability. May saw a major order surge, highlighted by Qatar Airways and unidentified customers, bringing net orders to 300 aircraft worth $32.5 billion. Deliveries remain stable above 40 planes per month, with year-to-date deliveries and values significantly higher than last year.
Investors and the wider public are looking for answers after Thursday's crash of an Air India 787 jet. Both of the plane's black boxes have been recovered.
Boeing expects global demand for air travel to increase by more than 40% by 2030, driving the need for thousands of new jetliners in the next few years, according to its 20-year demand forecast for commercial airliners released Sunday ahead of the Paris Airshow.
A building used by Boeing in Kyiv was badly damaged in a recent large-scale Russian air attack, the Financial Times reported on Sunday, citing six people familiar with the matter and photographs seen by the newspaper.
The crash of Air India Flight 171 and the Israel-Iran conflict are casting a shadow over what was supposed to be a relatively upbeat Paris Air Show. Air India Flight 171 was the first-ever deadly crash of a Boeing 787 Dreamliner.
Indian authorities have ordered what they called “extended surveillance” of all Boeing 787 aircraft in the country's fleet while they investigate the cause of Thursday's crash of an Air India plane.
Boeing delivered a new 787-9 aircraft to China's Juneyao Airlines on Saturday, Chinese media outlet Yicai reported, as trade tensions between Beijing and Washington ease.
Boeing remains a dominant aerospace player with long-term upside, despite recent crises and compressed financials, as seller exhaustion and backlog support recovery potential. The technical setup is encouraging, with a breakout above $210-$215 possibly signaling renewed leadership in the Dow, though near-term volatility persists. Key triggers for turnaround include ramping up 737 production, backlog conversion, and balance sheet improvements via asset sales and debt reduction.
In a dangerous world, the U.S. might take a stronger hand to keep the defense giant on track.