BA's long-term prospects remain bright. However, for now, one should refrain from buying this stock, considering its poor year-to-date performance, dismal ROIC and persistent industry challenges.
The US National Transportation Safety Board (NTSB) on Thursday issued "urgent safety recommendations" regarding the rudder systems on certain Boeing 737 aircraft, highlighting a risk of jamming.
Boeing's gambit doesn't seem to have panned out. That means it is back to the negotiating table with the union.
In the latest trading session, Boeing (BA) closed at $154.58, marking a +1.55% move from the previous day.
The National Transportation Safety Board on Thursday issued urgent safety recommendations about the potential for a jammed rudder control system on some Boeing 737 airplanes after a February incident involving a United Airlines flight.
Key Boeing supplier Spirit AeroSystems is reviewing its contingency plans regarding furloughs, company spokesperson Joe Buccino said on Thursday, adding that no decisions has been made at this time.
BA has clinched a deal from the Naval Supply Systems Command Weapon Systems Support to acquire 31 cylinder and piston parts for its F/A-18 E/F aircraft.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Spirit AeroSystems will furlough workers if the Boeing strike lingers.
The union representing thousands of striking Boeing machinists said on Wednesday it will meet on Friday with the planemaker and the Federal Mediation and Conciliation Services to continue contract negotiations.
Spirit Aerosystems will begin furloughs in three weeks if a strike at its biggest customer Boeing continues, the Financial Times reported on Wednesday.
The head of the Federal Aviation Administration told a U.S. Senate panel on Wednesday that Boeing must address a series of safety issues before he will let them boost 737 MAX production, warning the issue could impact company profits.