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'This Should've Been Caught Years Ago:' Boeing Faces NTSB Heat Over 737 MAX 9 Alaska Airlines Mid-Air Blowout Incident
Tuesday, June 24, 2025 - 7:19am | 380Aircraft manufacturer Boeing Co. (NYSE:BA) is set to be probed for its role in last year's Alaska Air Group Inc. (NYSE:ALK) Flight 1282 incident involving a sudden loss of pressure in the aircraft's fuselage. What Happened: The NTSB or National Transportation Safety Board, is set to hold a hearing...
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Boeing's Troubled 2000s: From A Sweetheart $1.1B Deal Before Deadly Air India Crash To Stranding Astronauts At ISS And Airline Crashes
Sunday, June 15, 2025 - 11:02am | 840Following Thursday's fatal plane crash in the Indian city of Ahmedabad, when a Boeing Co. (NYSE:BA) 787 Dreamliner aircraft, operated by Air India with 242 passengers onboard, crashed moments after takeoff, the aircraft manufacturer's troubled past has once again come to the surface. Multiple...
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Boeing May Reportedly Once Again Dodge Prosecution Over 737 Max Crashes — Victims' Families Slam DOJ's Potential Agreement As 'Backroom Deal Dressed Up As A Legal Proceeding'
Saturday, May 17, 2025 - 2:50am | 671The U.S. Department of Justice is reportedly considering a non-prosecution agreement that would allow Boeing Co. (NYSE:BA) to avoid criminal charges tied to two fatal 737 Max crashes, prompting outrage from victims' relatives. What Happened: On Friday, prosecutors and attorneys representing...
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Boeing Crash Headlines Rattle Investors: Why The Stock Chart Shows Resilience
Monday, December 30, 2024 - 11:53am | 559Boeing Co. (NYSE:BA) stock fell more than 4% in premarket trading Monday following news of a deadly 737-800 crash in South Korea. Plane Manufacturer Stock Slides The tragic incident, which resulted in 179 fatalities after a Jeju Air flight crash-landed, has thrown the spotlight back onto safety...
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Boeing Begins Layoffs: Is The 737 MAX Recovery Enough To Lift BA Stock?
Friday, November 15, 2024 - 1:32pm | 664Boeing Co (NYSE:BA) is issuing layoff notices to 17,000 employees as part of a broader effort to rightsize its workforce. The cuts, totaling 10% of the company's global headcount, come as the plane maker battles financial turbulence, including a shaky stock performance and production slowdowns....
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Boeing Stock Braces For Bumpy Q3 Landing (CORRECTED)
Tuesday, October 22, 2024 - 4:28pm | 702Editor’s note: This story has been updated to correct Street estimates for Boeing’s third-quarter earnings report. Boeing Co. (NYSE:BA) is set to report third-quarter earnings on Wednesday before the market opens. Analysts are expecting a loss of $8.11 per share and quarterly revenue...
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Boeing's Q3 Earnings Face Turbulence: Strikes, Layoffs, Safety Woes Ahead
Monday, October 14, 2024 - 2:05pm | 967Boeing Company (NYSE:BA) added large-scale layoffs to its list of troubles in 2024 as the company faces an ongoing strike of its unionized factory workers, government investigations, executive churn and mounting financial losses. Boeing To Cut 17,000 Jobs: The aerospace giant announced Friday...
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Boeing Should Pick Up Aircraft Production Soon After Strike End, Analyst Says
Tuesday, September 24, 2024 - 7:13pm | 477Boeing Co (NYSE:BA) should be able to quickly ramp up aircraft production once the strike ends, according to an analyst. Goldman Sachs analyst Noah Poponak said he expects the strike, which began on Sept. 13, will end soon, though the International Association of Machinists and Aerospace Workers, a...
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Boeing's New CEO Kelly Ortberg Shifts Base To Seattle Amid Airplane-Maker's Safety Crisis
Friday, August 9, 2024 - 8:27am | 658The newly appointed CEO of Boeing (NYSE:BA), Kelly Ortberg, has decided to move to Seattle, the company’s original home, in a bid to address the ongoing safety crisis. What Happened: Ortberg’s relocation to Puget Sound, Washington, from Boeing’s corporate headquarters in...
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FAA Proposes Mandatory Maintenance Checks For Some Boeing 787 Dreamliners
Thursday, August 1, 2024 - 4:09pm | 581The Federal Aviation Administration has proposed requiring The Boeing Company (NYSE:BA) to conduct maintenance record checks or inspections of some of its 787 Dreamliners after the company reported missing a test on a part to the main landing gear. The FAA has recommended a new airworthiness...
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Who Is Boeing's New CEO Kelly Ortberg? Former Rockwell Collins Chief Comes Out Of Retirement
Wednesday, July 31, 2024 - 11:39am | 607After years of operations marred in controversy, Boeing Co (NYSE:BA) announced the hire of a new chief executive on Wednesday, replacing the outgoing Dave Calhoun. What Happened: Boeing has faced years of widespread criticism following two crashes of its 737 Max and the fleet’s subsequent...
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Will Boeing Stock Take Off On Q2 Earnings — Or Remain Grounded? What Investors Should Know Before The Report
Tuesday, July 30, 2024 - 1:39pm | 756Boeing Co (NYSE:BA) is gearing up to report second-quarter earnings this week. Investors will be watching for any signs of a turnaround given the planemaker’s dismal performance year-to-date. Here’s what you need to know ahead of the print. What To Know: Boeing is set to report...
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Boeing Faces High-Stakes Decision: Accept Plea Deal Or Risk Trial Over 737 MAX Safety Violations
Wednesday, July 3, 2024 - 4:21pm | 875Boeing Co (NYSE:BA) investors appeared unaltered this week by a suspenseful decision that could put the company under independent monitoring for three years or take it back to court on criminal charges. The non-negotiable plea deal offered to Boeing by the Department of Justice over the alleged...
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Boeing Gains Despite Prosecutors' Push For Criminal Charges
Monday, June 24, 2024 - 11:54am | 325The Boeing Company (NYSE:BA) stock began Monday on positive footing despite U.S. prosecutors recommending the Department of Justice bring criminal charges against the plane manufacturer on the grounds the company violated a settlement tied to two deadly crashes. The Justice Department needs to...
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Boeing's Search For New CEO Persists As Calhoun Faces Congressional Hearing
Tuesday, June 18, 2024 - 12:18pm | 560Boeing Company (NYSE:BA) is reportedly facing complications in its search for a new leader as several high-profile candidates have declined the opportunity amid discussions about the necessity of the next CEO being based near its Seattle-area factories. In March, Boeing’s Chief Executive...