It's no secret Boeing faces major challenges. Each day seems to bring more negative headlines about the company's commercial aircraft, civilian spacecraft, or its defense business.
Boeing shares remain a strong buy for me, but there is a potential deal arbitrage opportunity now. Airbus recently reduced production guidance, which could be another buying opportunity in the aviation industry. Boeing faces a potential guilty plea over 737 Max crashes, the CEO search continues, and Boeing shares could remain volatile.
Goldman Sachs analyst Noah Poponak stated that their analysis suggests that The Boeing Company BA (Buy rating, $243 price target) is expected to achieve 43 deliveries in June, comprising 34 737 MAX, three 787s, and six other aircraft.
Boeing's long-awaited announcement that it will buy back its struggling supplier, Spirit AeroSystems, now shifts the focus of investors to the planemaker's search for a new CEO.
Boeing BA -0.69%decrease; red down pointing triangle faces an unprecedented decision in the next several days: plead guilty, or argue at trial why it is innocent of a crime it already said it committed.
Boeing's acquisition of Spirit should help shore up airplane delivery rates. Boeing has yet to announce a new CEO.
Boeing (BA) is set to acquire Spirit AeroSystems for approximately $8.3 billion, including the company's most recent reported net debt.
Air Canada said on Tuesday that it has agreed to receive eight Boeing 737 MAX 8 jets from lessor BOC Aviation.
Boeing's long-awaited announcement that it will buy back its struggling supplier, Spirit AeroSystems , now shifts the focus of investors to the planemaker's search for a new CEO.
Spirit AeroSystems is going full circle, from part of Boeing BA 2.58%increase; green up pointing triangle to independent supplier and back to part of Boeing. It is the perfect example of a realization dawning on corporate America: Perhaps outsourcing isn't all it was once cracked up to be.
Boeing is bringing production of its plane fuselages back in-house. The aerospace giant announced early Monday it had agreed to acquire its largest supplier, Spirit AeroSystems, in an $8.3 billion deal, including debt, 19 years after it had spun out the operation.
The U.S. Justice Department will criminally charge Boeing with fraud over two fatal crashes and ask the planemaker to plead guilty or face a trial, people familiar with the matter said on Sunday.