DoJ will reportedly offer deferred prosecution agreement requiring federal monitor oversee safety improvements
The U.S. Justice Department is expected to allow planemaker Boeing to escape criminal prosecution for violating the terms of a 2021 settlement related to the fatal 737 MAX crashes in 2018 and 2019, the New York Times reported on Friday.
Boeing (BA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Boeing finally launched its Starliner space capsule on June 5. On June 6, Starliner docked with the International Space Station, but multiple glitches may be delaying its return to Earth.
Chinese state-owned planemaker COMAC has the opportunity to break Airbus and Boeing's duopoly of the passenger jet market over the next decade, the chief of aircraft leasing company Dubai Aerospace Enterprise (DAE) told Reuters.
Boeing is nearing a deal to buy back Spirit AeroSystems after its former subsidiary made substantial progress in separate talks with Airbus over a transatlantic breakup of the struggling supplier, people familiar with the matter said on Thursday.
Boeing is shifting engineers away from its experimental X-66A plane program and other projects to help support its commercial development programs and speed up deliveries of existing jets, the Air Current reported on Thursday.
Relatives of the victims of two fatal Boeing 737 MAX crashes asked the Justice Department on Wednesday to seek a fine against the planemaker of up to $24.78 billion and move forward with a criminal prosecution.
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Spirit AeroSystems Holdings Inc SPR is a key supplier for both Boeing Co BA and Airbus SE EADSY.
Families of Boeing 737 Max crash victims are calling for the company to be fined $25 billion. It comes a day after Boeing CEO Dave Calhoun testified before a Senate subcommittee.
This airline's focus on the premium market is paying off. Boeing's problems are creating severe challenges to its medium-term outlook.