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Boeing 'Very Close' To Delivering 787 Dreamliner After 2 Years — Gives Update On 737 MAX Status
Monday, July 18, 2022 - 1:00am | 418Boeing Co (NYSE: BA) is reportedly nearing the end of regulatory hurdles for resuming deliveries of its 787 Dreamliner after a nearly two-year pause over some production defects. What Happened: The U.S. planemaker is "very close" to restarting deliveries of the wide-...
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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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What To Know About NASA-Lockheed Martin's New Supersonic Plane
Wednesday, December 18, 2019 - 9:05am | 485NASA has cleared an experimental supersonic plane designed to reduce, or maybe even eliminate, sonic booms, for final assembly, opening the door for super-fast commercial travel over land. The space agency said Monday a key management review resulted in the go-ahead for continued work by Lockheed...
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Boeing Is Redesigning 7,000 Planes. It's Not What You Think.
Wednesday, December 11, 2019 - 1:09pm | 971Boeing Co (NYSE: BA) is committing to work on a redesign of engine inlets and engine fan cowls on its older generation 737s at the urging of federal regulators. The move follows a recommendation from the National Transportation Safety Board, which said the redesign is needed to avoid incidents like...
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Aerospace Mega-Deal: United Technologies Buys Out Rockwell Collins For $30 Billion
Tuesday, September 5, 2017 - 8:44am | 350United Technologies Corporation (NYSE: UTX) will acquire Rockwell Collins, Inc. (NYSE: COL) in a deal worth $30 billion, forging an aerospace behemoth producing virtually all types of avionics systems for commercial and defense aircraft. The purchase price includes $23 billion and the acquisition...
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The Boeing Company Faces a Future Without Its Fighter Jets--So What?
Tuesday, September 30, 2014 - 10:28am | 550Defense budget priorities may be nudging The Boeing Company (NYSE: BA) out of the jet fighter business. Will the current trend, which favors rivals such as Lockheed Martin Corporation (NYSE: LMT), impact investors of the aerospace giant? Not really. Friendly Skies Lockheed, which derives a...
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Airbus, Battling Boeing For Market Share, Secures New Orders From Chinese Airline
Friday, February 28, 2014 - 5:38pm | 476A strategic victory for Europe's Airbus Group (OTC: EADSY) over American rival Boeing (NYSE: BA), as the two airplane manufacturers compete across the globe: one of China's largest carriers, China Eastern Airlines (NYSE: CEA) has ordered 70 Airbus A320neo passenger jets, an upgraded version of...