U.S. prosecutors are meeting with Boeing and fatal-crash victims' relatives as a July 7 deadline looms for the Justice Department to decide whether to criminally charge the planemaker, according to two people familiar with the matter and correspondence reviewed by Reuters.
Boeing Co.'s Starliner spacecraft will remain docked at the International Space Station while the aerospace company and NASA conduct further tests into thruster issues and helium leaks.
NASA and Boeing are further extending the first Starliner crewed flight but are not yet setting a new target date for returning the capsule to Earth. Officials say the Starliner team is conducting additional testing on the ground that will completed before the spacecraft leaves the International Space Station.
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?
The NTSB said Boeing "blatantly violated" rules about investigations. It said a Boeing exec made "unsubstantiated speculations" about the Alaska Airlines blowout.
Boeing's medium-term financial targets look hard to achieve now. Appointing a new CEO is critical to reassure investors the company is on the right track.
The National Transportation Safety Board warned Boeing on Thursday it could lose its status as a party to the probe into a 737 MAX mid-air blowout after it violated rules by providing non-public information to media and speculating about possible causes.
Boeing's recent financial and production challenges following a January mid-air panel blow out will not change their workers' readiness to strike to make gains in bargaining, their union local president told Reuters on Thursday.
Boeing faces production and quality issues with ongoing problems affecting deliveries and investor confidence. Despite debt concerns and execution risks, the company's strategic initiatives and potential for long-term growth make it an attractive investment. Strong demand for new aircraft, a large backlog, and an undervalued stock position Boeing for substantial returns if it can navigate current challenges.
United Launch Alliance CEO Tory Bruno announced that his company will bite the bullet and fly Cert-2 without a customer payload.
The National Transportation Safety Board said early on Thursday it was sanctioning Boeing for disclosing non-public details of the ongoing investigation into a 737 MAX mid-air emergency and referring its conduct to the Justice Department.
Boeing to restart deliveries of single aisle jets in July, good news amid its safety crisis. Delivery stop in China likely due to US-China tensions, not immediate safety concerns. China and Boeing need each other for future growth in the aviation industry, especially as C919 is not yet at required levels to replace Boeing.