Boeing secured its first order since the end of a seven-week strike. Avia Solutions Group, which leases planes to airlines, ordered 80 Boeing 737 Max jets.
Boeing Co (NYSE:BA, ETR:BCO)'s head of quality for commercial airplanes Elizabeth Lund will be retiring in December, the airplane manufacturer said on Monday. A longtime executive at Boeing, Lund in February was appointed to the new position of senior vice president of quality for commercial planes, a position created after the January 5 mid-air panel blowout on an Alaska Airlines 737 MAX 9.
Boeing's preferred stock offers a 5.6% yield with dividends paid quarterly starting January 2025. But mandatory conversion by October 2027 limits long-term income appeal. The investment case hinges on Boeing's common stock price and interest rates, with potential price upside if common stock reaches analyst targets. Current preferred stock trades at $53.54, with potential for 50% upside if interest rates drop and common stock hits $238 by 2027.
Boeing Commercial Airplanes quality chief Elizabeth Lund -- who has spearheaded the planemaker's improvement plans -- will retire in December, the company said Monday.
A video has captured flames bursting from the wing of a Hainan Airlines Boeing jet that struck a bird following takeoff from Italy on Sunday.
Boeing's capital raise of $23.8 billion is crucial to address near-term cash needs and long-term debt maturities, ensuring financial stability through 2030. Despite recent setbacks, BA aims to improve its net debt position from $47.25 billion in 2024 to a net cash position by 2030. Free cash flow is expected to turn positive by 2026, with significant improvements in leverage and debt reduction projected by the end of the decade.
In 2027, Boeing will earn a lot more than it does in 2024 -- and a lot less than investors think.
The right engine of a Boeing 787-9 Dreamliner operated by Chinese carrier Hainan Airlines caught fire shortly after take-off from Rome's Fiumicino airport this morning, an Italian airport official said.
Boeing lost a bundle in Q3. And yes, that's a good reason not to buy Boeing stock.
Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling Boeing supplier, an industry source familiar with the matter said.
Boeing is exploring a possible $6 billion sale of its Jeppesen navigation unit, Bloomberg News reported on Friday.
The plane maker will reimburse furloughed workers for lost wages during the recent labor strike.