Boeing said on Tuesday that it had delivered 45 airplanes in January, up from 30 deliveries the previous month and the most deliveries in a month for the U.S. planemaker since 2023.
President Trump's tariffs on China remain, impacting trade dynamics, but Boeing is not significantly affected due to careful tariff crafting by China. The US-China trade deficit has decreased from $418 billion in 2018 to $295 billion in 2024, influenced by both tariffs and the pandemic. Boeing's role is crucial in reducing the trade deficit, with aerospace exports accounting for up to 15% of US exports to China.
Boeing (NYSE: BA) had a rough time in 2024. In fact, Boeing stock was the worst performer in the entire Dow Jones Industrial Index (DJIA) during the year, having lost 32.1% of its value.
Spirit AeroSystems said on Monday it expects to post a higher-than-expected quarterly revenue, driven by restarted production at the aerospace supplier's biggest customer, Boeing.
It's been about a week now since Boeing (BA -1.
Boeing signalled on Monday it would need more orders from India before it considers setting up a final civil aircraft assembly line in the country, potentially throwing cold water on the government's hopes of the U.S. planemaker assembling commercial jets in the country.
Boeing on Saturday warned employees involved in its Space Launch System moon rocket program that it expected to lay off around 400 people.
Air traffic is booming in India, even though only a tiny fraction of its people fly each year, and manufacturers are seeking lucrative deals at the flagship Aero India exhibition from Monday.
Boeing's quality issues and Airbus' supply chain problems have created a global jet shortage. American Airlines cut routes amid delayed 787s, while Ryanair lowered its capacity outlook for 2025.
Boeing warned on Saturday of layoffs in its Space Launch System moon rocket program, saying it expects to have about 400 fewer positions in line with revisions to NASA's Artemis program and cost expectations.
Stephanie link, Hightower chief investment strategist, joins 'Squawk Box' to discuss the state of the economy, why she likes Boeing, her thoughts on Amazon's quarterly earnings results, what to expect from January's jobs report, and more.
The Investment Committee give you their top stocks to watch for the second half.