Boeing said Wednesday it is making progress on developing a permanent solution to address an issue with the 737 MAX anti-ice system that can overheat and could cause an engine failure.
The head of the Federal Aviation Administration is set to meet on Thursday with Boeing CEO Dave Calhoun and other senior company officials on the company's quality improvement plans, sources told Reuters.
Boeing Co.'s Starliner spacecraft is set to make its first crewed flight to the International Space Station on Saturday after a series of delays for the historic mission.
Boeing and a union representing about 125 of its firefighters said Wednesday they had reached a tentative contract deal, the planemaker and union said in a joint statement.
Boeing has reached a tentative agreement with International Association of Firefighters Local I-66 union members which is now up for a vote. The aircraft manufacturer had locked out its in-house firefighters at its plants in Washington state and Oregon at the beginning of May following failed negotiations.
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Boeing shares have depreciated by over 30% YTD due to regulatory scrutiny, but the company remains a solid investment. The company has avoided a full grounding of its planes and has been working with regulators to address quality control issues. Boeing's Q1 performance was relatively decent, and the full recovery of the air travel market and defense contracts provide growth opportunities.
Boeing Co (NYSE: BA) is in focus this morning after announcing a new contract with the U.S. Air Force. Details of new Boeing-Air Force deal The aerospace and defence giant has signed a $7.
Boeing (BA) is set to supply JDAM tail kits, spares, repairs, technical and Laser Joint Direct Attack Munition sensor kits.
A Qatar Airways Boeing 787-9 Dreamliner hit turbulence while traveling over Turkey, leaving six passengers and six crew members injured, the airline says.
Boeing released its annual safety report which showed a 500% increase in submissions to its safety and quality tip line as the aerospace giant prepares to submit a report to regulators.