Shares of Boeing are down more than 30% through the first half of the year, and further losses could be in store thanks to Boeing's latest blunder. Elon Musk is the CEO of SpaceX, a Boeing competitor quickly emerging as a superior business.
Boeing is planning a briefing for high-level European regulatory officials about changes to the way it makes planes, a senior company executive said, after a January mid-air panel blowout sparked a safety crisis.
Understanding the plane maker's woes a little better will help investors figure out when things are really improving.
The National Transportation Safety Board has issued restrictions and sanctions on Boeing for disclosing non-public details of its investigation into the Alaska Airlines flight 1282 door plug blow-out during a media briefing at its Renton facility this Tuesday.
Another whistleblower has come forward with complaints of Boeing's safety lapses. Richard Cuevas said that he saw holes drilled improperly, which could lead to "catastrophe.
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.