At press time on April 2, Boeing stock (NYSE: BA) was trading at $167.01, after a 6.58% drop on the 1-week chart. President Trump's latest round of tariffs, to be announced later today, could severely impact the aviation giant's long and complex supply chain.
Boeing CEO Kelly Ortberg will face tough questions on the planemaker's recent safety issues and other hot-button topics on Wednesday when he appears before the Senate Commerce Committee.
Boeing CEO Kelly Ortberg is set to testify before the Senate Commerce Committee on Wednesday at 10 a.m. ET. The hearing comes as the plane maker has faced manufacturing and safety crises in its commercial and defense units.
President Donald Trump has already imposed new 25% tariffs on steel and aluminum, impacting some of the thousands of components which make an aircraft. But, unlike 5 years ago, European planemakers themselves are not expected to be on the new list of tariffs announced on April 2.
Democratic Senator Maria Cantwell on Tuesday urged the Federal Aviation Administration to address critical concerns before deciding whether to extend a program that allows Boeing to perform FAA-delegated tasks like inspections and approving repairs.
Boeing CEO Kelly Orberg will tell lawmakers on Wednesday the U.S. planemaker has made "serious missteps" after a January 2024 mid-air emergency involving a new 737 MAX.
Subscribers to Chart of the Week received this commentary on Sunday, March 30.
BA receives an order to deliver 50 of its 737-8 commercial aircraft to BOC Aviation.
Boeing on Tuesday denied a media report of fluctuations in 737 MAX production, saying that output had not reached 38 per month so far this year and nor had production recently fallen.
Boeing Co. BA expanded its order pipeline after bagging five major deals over the last 10 days. While its short and medium-term price trend remains strong, here's more on the company's technical analysis.
Boeing Co (NYSE:BA, ETR:BCO) has slowed production of its 737 MAX aircraft to around 31 jets per month, down from 38, due to delays linked to installing wing systems, according to aviation site The Air Current. The plant, in Washington State, had briefly hit its target of 38 in February, but a spike in unfinished work caused the company to scale back output.
Boeing slowed the production of 737 MAX airplanes to 31 per month from 38 over wing production delays, the Air Current website reported on Tuesday, citing people familiar with the progress of the planemaker's Renton, Washington factory.