Boeing and Airbus announced big airplane deals during the Farnborough International Airshow. Boeing announced 118 orders and commitments valued at $17.1 billion, while Airbus covered 234 airplanes valued at $18.8 billion. Airbus emerged as the winner of the airshow with 164 firm and tentative deals, compared to Boeing's 76 orders.
Former Rockwell Collins chief Kelly Ortberg has joined the list of outside contenders under serious consideration by Boeing as its next CEO, The Air Current reported on Sunday, citing industry officials.
Aviation services company AAR stands to benefit from a significant growth in the need to service commercial airplanes in the future. The need to replace older aircraft and grow the existing fleet means new airplane production will grow over the long term -- great news for composites company Hexcel.
In the latest trading session, Boeing (BA) closed at $186.89, marking a +1.38% move from the previous day.
Boeing's safety troubles and the Airbus scramble to ramp up production should have left a gap for smaller rivals to challenge their domination of the commercial airliner market.
Boeing is asking suppliers to disclose records on Chinese titanium since 2014, according to a letter seen by Reuters, as the U.S. planemaker widens checks for false paperwork used to authenticate the metal used in commercial jets.
Boeing (BA) has been staggering for quite some time at the bourses due to persistent quality control issues with one of its major commercial programs amid soaring demand for its aftermarket services.
Besides Wall Street's top -and-bottom-line estimates for Boeing (BA), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.
In the lead-up to earnings, Boeing (NYSE: BA ) has been cruising at a level altitude. Boeing stock has stayed rangebound, barely straying from between $175 and $200 per share.
U.S. District Judge Reed O'Connor should reject a "sweetheart" plea deal the Justice Department struck with Boeing , relatives of 15 of the 346 people killed in two fatal 737 MAX crashes said on Thursday.
Boeing's crew spacecraft Starliner will stay docked with the International Space Station into August, NASA confirmed on Thursday. Starliner capsule "Calypso" has now been in space 50 days and counting on a mission that's extended well beyond what NASA projected.
Growing up, I was fascinated by the “The Jetsons” and their futuristic gadgets. One that caught my eye was their flying cars.