Boeing's (BA) second-quarter total deliveries total 120 units compared with 174 in the year-ago period. Airbus delivers 181 commercial aircraft in the second quarter.
Boeing is facing high risk and lower production rates, making it less attractive for investment at the moment. We selected three attractive aerospace stocks with a better risk and reward profile. Our top three picks have shown favorable returns compared to the market performance.
Boeing secured an order for 35 of its 737 Max jets from Aviation Capital Group. It's a boost for the firm's troubled jet that faces delays in production and certification.
Boeing has notified some 737 Max customers in recent weeks that aircraft due for delivery in 2025 and 2026 might face additional delays of three to six months, Bloomberg News reported on Thursday, citing people familiar with the matter.
Boeing is nearing a potential sale of some two dozen 777X jets to Korean Air in a roughly $4 billion to $6 billion deal that could be finalised as early as July's Farnborough Airshow, industry sources said.
U.S. Senate Commerce Committee chair Maria Cantwell said Thursday she wants Boeing CEO Dave Calhoun to appear before her committee as she prepares legislation that would boost Federal Aviation Administration oversight of planemakers.
In January, Alaska Airlines flight 1282 nearly fell out of the sky when it lost a door plug at an altitude of more than 10,000ft, leading to rapid decompression of the main cabin of the plane.
In the world of aerospace, when a giant like Boeing Co BA hits turbulence — the shockwaves are felt far and wide. One such ripple effect has landed squarely on Kaiser Aluminum Corp KALU.
The current state of the U.S. economy is somewhat optimistic yet still filled with uncertainties and risks, making it an excellent moment to uncover overvalued stocks to sell. On one hand, cautious optimism is supported by the Federal Reserve's projected rate cut, which might lead to more accommodating financial conditions later in the year.
Boeing's June orders included 14 airplanes, primarily focused on freighters, with a net order value of $1.7 billion. Boeing delivered 44 airplanes in June, including 35 single aisle and 9 wide body planes, valued at $3.3 billion. Despite challenges, Boeing is making progress in improving quality, increasing deliveries, and repairing its reputation through smoother inflow of aerostructures.
NASA leadership on Wednesday acknowledged potential alternatives to Boeing's Starliner for returning a pair of astronauts from the International Space Station. Starliner has now been in space 36 days and counting as NASA and Boeing perform additional testing to replicate issues with identified with the propulsion system, before clearing the spacecraft to return.
In April's report, McKinsey & Company projected that the global space ecosystem will rise to a $1.79 trillion inflation-adjusted value by 2035 from $630 billion in 2023. This encompasses the entire infrastructure that leverages the space economy, including undervalued space stocks, from software and telecommunications to manufacturing and terrestrial equipment.