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.
Etihad's Group Chief Executive Officer Antonoaldo Neves revealed passengers should expect "a totally different airline" within the next two to three years. Neves said Etihad will begin retrofitting and revamping "dated" Boeing 777 planes from 2026 onward, this is due to what he described as "the constraints that we have in the global aviation market.
A U.S. Senate panel investigating Boeing's safety culture on Wednesday faulted the planemaker's quality practices and oversight by the Federal Aviation Administration citing documents obtained in an ongoing investigation.
The head of the Federal Aviation Administration will tell a U.S. Senate panel on Wednesday that the agency will remain engaged with the Justice Department on oversight of Boeing.