The National Transportation Safety Board said early Thursday it is sanctioning Boeing for disclosing non-public details of the ongoing investigation into the Jan. 5 Alaska Airlines 737 MAX 9 mid-air emergency.
Boeing (BA) concluded the recent trading session at $178.51, signifying a +1.95% move from its prior day's close.
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Boeing is resuming widebody jet deliveries to China which were halted in recent weeks due to a Chinese regulatory review, according to a flight tracking site and source familiar with the matter.
Elon Musk is firing shots at Boeing, accusing the company of losing touch with its engineering roots. The aviation giant has had a bad few months, and is facing questions over its safety standards.
Boeing won't bring commercial jets to the Farnborough Airshow, a first for 16 years. It also didn't bring any airliners to February's Singapore Airshow.
The Federal Aviation Administration (FAA) said it is adopting a new airworthiness directive for 13 Boeing 757-200 airplanes of U.S. registry over reports of cracking in the structure in and around the lavatory service panel.
Spirit AeroSystems (SPR) shares dropped more than 3% in pre-market trading Tuesday after Bloomberg reported late Monday that Boeing (BA) changed the terms of its all-cash offer to reacquire the parts supplier for a mostly stock deal valuing the aerostructure supplier at about $35 per share.
Boeing (BA) is set to procure nine various configurations of flight control surface spares, which will be used on the F/A-18E/F and E/A-18G aircraft.
Boeing Co (NYSE:BA, ETR:BCO) has moved to resolve its ongoing production issues with a US$4 billion bid for the parts supplier blamed for many of the problems. The jet maker has offered to buy Spirit AeroSystems in a mostly all-share deal that values the fuselage supplier at about $35 per share, Bloomberg News has reported.
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Airbus stock fell 11% after cutting 2023 delivery targets due to supply chain issues. It spells problems for airlines as Boeing has also reduced production.