Orders of new planes are collapsing for Boeing.
Boeing said Thursday it is examining fasteners on some undelivered 787 jets after discovering problems with their installation in the latest manufacturing shortcoming to face the company.
Boeing is inspecting a quality issue with undelivered 787 Dreamliner aircraft, after finding hundreds of fasteners were incorrectly installed, the company said Thursday—the latest manufacturing issue for the aerospace firm as it faces increased scrutiny from regulators over safety concerns.
Fortune discussed the best aviation stocks in early June, suggesting that even though they're a bargain, they might not be worth the turbulence. I don't think there's any question Boeing (NYSE: BA ) stock has taken it on the chin in 2024.
The head of the Federal Aviation Administration said Thursday the agency was "too hands off" in oversight of Boeing before a Jan. 5 mid-air emergency in a new Alaska Airlines 737 MAX 9.
Boeing is investigating a new quality problem with its 787 Dreamliner after discovering that hundreds of fasteners have been incorrectly installed on the fuselages of some undelivered 787 Dreamliner jets, two people familiar with the matter said.
When a stock looks beaten down enough, the imbalance of supply and demand oftentimes positions it just on the verge of a breakout. Many investors have a wealth-generating trading strategy by targeting these companies that seem overlooked by everyone around them.
Cash-flow headwinds are building up for Boeing. The defense business is also behind in management's recovery plan.
Boeing faces a Thursday deadline to respond to a US Department of Justice determination that the planemaker can be prosecuted for violating a 2021 deal that allowed it to escape criminal prosecution over two fatal 737 MAX crashes.
Boeing told the U.S. Justice Department it did not violate a deferred prosecution agreement after fatal crashes involving the 737 MAX, a source familiar with the matter told Reuters on Wednesday.
In the closing of the recent trading day, Boeing (BA) stood at $182.67, denoting a -1.53% change from the preceding trading day.
Almost two-and-a-half years after Russia launched its full-scale invasion of Ukraine, the overwhelming majority of businesses in the country are operational, according to the research from the American Chamber of Commerce in Ukraine.