The U.S. Federal Aviation Administration and Boeing have privately issued notifications that the fuel switch locks on Boeing planes are safe, with the FAA saying they are safe, a document seen by Reuters showed and four sources with knowledge of the matter said.
Boeing reached a settlement with a Canadian man whose family died in the March 2019 crash of an Ethiopian Airlines Boeing 737 MAX, the man's lawyer said on Friday.
Details of a preliminary accident report has been submitted to officials, according to the Times of India. It could be released on Friday.
The Investment Committee give you their top stocks to watch for the second half.
Boeing NYSE: BA has been one of the most maligned titans of industry in the United States over the past several years. As of the July 8 close, the stock's five-year total return was only 22%.
BA reflects strong Q2 momentum, with 150 commercial jets delivered-up 63% year over year on robust 737 shipments.
Recently, Zacks.com users have been paying close attention to Boeing (BA). This makes it worthwhile to examine what the stock has in store.
Boeing's leadership changes, including a new CFO, signal a focus on operational turnaround and manufacturing excellence, boosting investor sentiment. Operational improvements and strong order momentum support the recovery, but risks remain with regulatory hurdles and reliance on increased production. Valuation shows Boeing is fairly valued for 2026, with meaningful upside only materializing by 2027; near-term upside is limited.
Boeing (BA) on Tuesday reported second-quarter deliveries that topped analysts' estimates, as the plane maker continues its turnaround under a new CEO.
Boeing delivered 60 airplanes in June, the most since December 2023, weeks before a door plug blew out midair. The manufacturer handed over 150 planes to customers in the second quarter, the best for that period since 2018.
BA secures a $2.84B contract from Space Systems Command to build four Evolved Strategic Satellite vehicles.
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