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Boeing 737 Max Planes Return To Sky, FAA Stops Company's Planned Expansion: 'One Step Forward, Two Steps Back'
Friday, January 26, 2024 - 3:34pm | 728Airplane manufacturer The Boeing Company (NYSE:BA) has faced several setbacks related to an incident involving its 737 Max 9 aircraft. The Federal Aviation Administration (FAA) issued several rulings this week, which were both good and bad for the company. What Happened: On Wednesday, the FAA...
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Boeing Faces 'Reputational Minefield' After Midair Door Blowout: 4 Analysts On Collateral Damage From 737 MAX 9 Grounding
Tuesday, January 9, 2024 - 1:17pm | 677Aircraft manufacturer Boeing Co (NYSE:BA) is facing regulatory scrutiny following a significant midair breach. Authorities are currently investigating the incident where a door plug dislodged from the side of an Alaska Air Group, Inc. (NYSE:ALK)-operated 737 MAX 9 aircraft carrying 171 passengers...
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Emirates President Warns Of Boeing's 'Quality Control Problems' After Recent 737 Max 9 Incident: 'This Doesn't Help'
Tuesday, January 9, 2024 - 3:11am | 719In a recent development, Emirates President Tim Clark has voiced concerns over Boeing Co.’s (NYSE:BA) recent 737 Max 9 incident, calling it a reflection of long-standing “quality control problems.” What Happened: Clark expressed his apprehension over Boeing’s operational...
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Innovation Or Negligence? OceanGate's Tragic Consequences Of Betting On Inexperience
Wednesday, July 5, 2023 - 12:08pm | 680The OceanGate Titanic expedition was a tragic tale of ambitious exploration gone wrong. The expedition led by CEO Stockton Rush was intended to open up the world of deep-sea exploration but ultimately ended in disaster. Among many questionable decisions, one stands out: the critical electrical...
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Boeing's April Delivery Decline Sparks New Deals
Tuesday, May 16, 2023 - 11:18am | 947Shares of Boeing (NYSE: BA) seemed to hold up against broader market volatility during Friday's trading session. On a day when the S&P 500 benchmark declined by as much as 1.2%, Boeing stock only refused to close the day with a soft decline of 0.56%. The relative strength comes from the...
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Tesla, Apple, Boeing, Lucid Group, Ocean Biomedical: Why These 5 Stocks Are Drawing Investors' Attention Today
Thursday, April 13, 2023 - 9:17pm | 485U.S. markets soared on Thursday after the producer price index (PPI) fell 0.5% in March, below average economist forecast for a 0.1% increase while U.S. job market continued to show signs of cooling. What Happened: The number of Americans applying for unemployment benefits rose by 11,000 to 239,...
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Boeing Argues 737 Max Passengers Didn't Feel Pain During Crash: Why 200 Milliseconds Matter In Lawsuit
Monday, March 20, 2023 - 4:22pm | 535Boeing Co (NYSE: BA) is in court over the compensation it owes to the families of those who died in a 737 MAX crash in Ethiopia in 2019. The key issue is whether the passengers experienced any pain and suffering before they died. The crash of Ethiopian Airlines Flight 302 killed all 157 people on...
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After Nearly 4 Years, 1st Boeing 737 MAX Reportedly Flies Into China
Monday, October 10, 2022 - 2:27am | 258The first commercial Boeing Co (NYSE: BA) 737 MAX flight seemed to have resumed flying into China for the first time in almost four years, reported Bloomberg. A MIAT Mongolian Airlines flight on a round-trip between Ulaanbaatar to Guangzhou landed in the Chinese city at 8:18 am local time on Monday...
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Boeing CEO David Calhoun Talks About 737 Max 10 Orders, Supply Chain Constraints And Dealing With The US Congress
Monday, July 18, 2022 - 3:11pm | 525Boeing CEO David Calhoun was on CNBC's "Squawk Box" today from the Farnborough International Airshow, which is July 18 to July 22. The air show is where the aerospace and defense industries present new civilian and military aircraft to customers. What Happened: Calhoun was...
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Key Boeing China Customer Said To Have Scrapped Over 100 Jets From Delivery Plans
Tuesday, May 17, 2022 - 3:53am | 348Key Boeing Co (NYSE: BA) customer China Southern Airlines Co has removed more than 100 of its 737 MAX jets from its fleet plans due to uncertainty over deliveries, Bloomberg News reported on Monday, citing the airlines. What Happened: China Southern Airlines expects to take delivery of 78 aircraft...
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Boeing Will Shift Base To Arlington As It Seeks Closer Ties With Washington
Friday, May 6, 2022 - 2:39am | 303Boeing Co (NYSE: BA) on Thursday said it would shift its corporate headquarters to Arlington, Virginia from Chicago, Illinois — a move that would help its senior management and other key members get closer to decision-makers at the White House. What Happened: The planemaker said its...
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Why India Has Barred 90 Pilots From Flying Boeing's 737 Max
Wednesday, April 13, 2022 - 2:30am | 263India's civil aviation regulator has barred 90 pilots of the country's second-largest private airline from flying Boeing Co's (NYSE: BA) 737 Max aircraft. The Indian civil aviation watchdog DGCA said that it found that 90 SpiceJet pilots were not properly trained to fly the aircraft....
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Why Boeing Is On the Radar Of Retail Investors Today
Tuesday, March 22, 2022 - 2:48am | 282Boeing Co. (NYSE: BA) is seeing high interest on Reddit’s r/WallStreetBets forum as of early Tuesday. What Happened: The stock is in the fourth position among the most-discussed stock on the forum with 106 mentions at press time, data from Quiver Quantitative showed. Boeing is also trending...
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Boeing Secures Another Deal With Southwest Airlines For Its 737 MAX Airplanes
Monday, March 29, 2021 - 10:12am | 387Boeing Co (NYSE: BA) will supply Southwest Airlines Co (NYSE: LUV) with 100 737 MAX airplanes and 155 options across two models. What Happened: Boeing announced on Monday that Southwest Airlines ordered additional airplanes. To date, Southwest Airlines has ordered 200 737-...
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Fintech Focus For February 10, 2021
Tuesday, February 9, 2021 - 9:59pm | 1887Quote To Start The Day: The question isn’t who is doing to let me, it’s who is going to stop me. Source: Ayn Rand One Big Thing In Fintech: In January 2021, FinTech startups worldwide raised VC/PE investments worth $7.8 billion across 294 deals. In terms of MoM growth, there was a 37.4...