Aircrafts

Thousands of Boeing Co.'s (NYSE:BA) planes are facing repairs after the FAA received a report of a passenger getting stuck in the onboard bathroom during a flight. What Happened: The FAA issued a notice to Boeing and proposed an airworthiness report, reported Business Insider. The modifications...

Boeing Co (NYSE:BA) just found itself in a high-altitude storm as newly announced tariffs add turbulence to its already complex supply chain. JPMorgan analyst Seth M. Seifman warns of “increased risk to estimates and multiples,” as rising costs and potential trade retaliation threaten...

Boeing Co (NYSE:BA) will report its fourth-quarter earnings on Tuesday. Wall Street expects an EPS loss of $2.44 on $16.17 billion in revenue when the plane manufacturer reports before the market opens. The stock is down 14.2% over the past year, off 5.05% in the last six months, but has gained 2....

Boeing Co. (NYSE:BA) recently halted negotiations with the International Association of Machinists and Aerospace Workers (IAM), pulling its latest offer off the table after a month-long strike began in September. The strike left Boeing's northwest operations in Washington at a standstill. Over 33,...

Tesla Inc and SpaceX CEO Elon Musk on Tuesday said that he would prefer a Boeing plane over an Airbus one. What Happened: Musk picked the Boeing 747 over the Airbus A380 in a poll on X, formerly Twitter. “747. I wish Boeing still made that plane,” Musk wrote. The 747, developed by...

UBS analyst Myles Walton lowered Boeing Co's (NYSE: BA) price target to $290 (implying an upside of 35.3%) from $310 and maintained a Buy rating on the shares.  Walton says the still halted 787 Dreamliner deliveries prompt further estimate cuts but that...

Embraer SA (NYSE: ERJ) delivered 14 commercial aircraft and 20 executive jets (12 light and eight large), bringing the total to 34 in Q2. The company's order backlog as of June 30, 2021, totaled $15.9 billion, increasing 12% compared to Q1-end. The backlog includes the 30 E195-E2 aircraft firm...

AerCap Holdings N.V. (NYSE: AER) announces agreements with Delta Air Lines (NYSE: DAL) for the long-term lease of seven Airbus (OTC: EADSY) A350-900 aircraft, delivering in Q3 and Q4 of 2021. All the aircrafts leased are powered by Rolls-Royce Trent XWB-84 engines....

Boeing (NYSE: BA) paused 787 Dreamliner deliveries Friday after the FAA requested more information about the company’s plans to address previously disclosed production concerns. The halt in deliveries comes after a recent five-month suspension in handing over the aircraft to customers...

Aircraft manufacturers Boeing Co. (NYSE: BA) and Airbus SE (OTCMKTS:EADSY) are suspending production at more assembly plants to protect workers from the novel coronavirus that has infected more than 1.3 million people and claimed nearly 76,000 lives around the world. On Monday, Boeing announced it...

China has placed its first domestically built aircraft carrier in active service on Tuesday, according to the Nikkei. What Happened China commissioned into active service its first homegrown aircraft carrier at a military base in Sanya, on the southern island of Hainan, near the South China...

Bookings for goods meant to last at least three years rose 3.5 percent, according to the Commerce Department's report on December 24. The median estimate called for a 2 percent advance. The positive November bookings compares to a 0.7 percent drop in the prior month. Non-military bookings...