Britain's competition regulator said on Monday it has begun a Phase 1 investigation into planemaker Boeing's deal to acquire Spirit Aerosystems and set a deadline of August 28 for a decision.
U.S. equities jumped at midday, with the S&P 500 and Nasdaq trading at record highs, as the U.S. struck a trade deal with China and indicated more agreements are coming. The Dow Jones Industrial Average was up as well.
BA's deep ties with Israel and its defense portfolio could drive growth amid heightened Iran-Israel tensions.
The NTSB released a summary of their investigation into the Alaska Airlines door plug blowout in 2024. It cited Boeing's failure to "provide adequate training, guidance, and oversight" to its workers.
The National Transportation Safety Board is set to vote on likely causes of January 2024 accident and make recommendations.
Zacks.com users have recently been watching Boeing (BA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The U.S. National Transportation Safety Board will hold a hearing on Tuesday to determine the probable cause of a mid-air cabin panel blowout of a new Boeing 737 MAX 9 flight in January 2024 that spun the planemaker into a major crisis.
Taiwan's China Airlines is postponing the retirement of some of its older aircraft due to delays in getting Boeing 787-9 jets that may result in compensation payments from the planemaker, the carrier's newly appointed chairman said.
Boeing leads in net orders and order value, driven by strong 737 MAX demand and major wide-body deals, despite recent regulatory and safety challenges. Airbus maintains a lead in single-aisle deliveries, but faces ongoing supply chain constraints, limiting its ability to ramp up production and deliveries. Both manufacturers have robust backlogs, but delivery growth is critical; BA's growth is capped by FAA restrictions, while EADSF struggles with supply chain issues.
Investors are looking for answers as the Air India 787 tragedy extends into a third week.
Commercial aviation has experienced relentless secular growth, with Airbus and Boeing leading the industry and suppliers benefiting from significant pricing power. Airbus stands out as a European crown jewel, consistently outperforming Boeing, especially amid Boeing's recent quality and program issues. The company operates globally with three main segments: Commercial Aircraft, Helicopters, and Defense & Space, supported by a vast supplier network.
The NTSB has issued a rare safety notice over the plane's engine. Transcript: Boeing is facing yet another headwind.