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Airline CEOs Express Frustration With Boeing's Failures: 'This Isn't New'
Friday, January 26, 2024 - 4:45pm | 649Boeing Company (NYSE:BA) shares have had a down week after the Federal Aviation Administration (FAA) barred Boeing from expanding production of its 737 Max jets late Wednesday. Airlines are forecasting losses resulting from the fallout, and executives are speaking out about Boeing's quality control...
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FAA Halts Boeing's 737 Max Production Expansion Amid Quality Control Issues: 'Won't Be Back To Business As Usual'
Wednesday, January 24, 2024 - 9:40pm | 809The Federal Aviation Administration (FAA) has put a stop to Boeing Co‘s (NYSE:BA) planned expansion of its 737 Max aircraft production. This decision comes in the wake of the recent incident involving a Max 9 aircraft, which has now been cleared for service. What Happened: The FAA announced...
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FAA Investigates Wheel Loss On Delta Boeing 757, CEO Calhoun Faces Senate Amidst Safety Concerns
Wednesday, January 24, 2024 - 5:14am | 609The Federal Aviation Administration (FAA) is investigating an incident involving a Boeing (NYSE:BA) 757 operated by Delta Air Lines (NYSE:DAL) that occurred at Hartsfield-Jackson International Airport in Atlanta. What Happened: The aircraft lost its nose wheel tire while taxiing for takeoff on...
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GE Aerospace To Assist Investigation Into Boeing 747 'Engine Failure' After Midflight Fire
Friday, January 19, 2024 - 3:51pm | 508General Electric (NYSE:GE) said on Friday that it was providing assistance with investigations into the malfunction of one of its engines on a Boeing 747 cargo plane that forced the pilot into an emergency landing after the crew reported “an engine failure.” The Boeing Inc (NYSE:BA) 747...
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Boeing To Revise 737 Max 9 Inspection Guidelines Post Mid-Flight Panel Failure: US Aviation Watchdog
Tuesday, January 9, 2024 - 9:30pm | 683The Federal Aviation Administration (FAA) has declared that the aircraft manufacturing giant Boeing Co (NYSE:BA) will modify its inspection guidelines for the 737 Max 9 airplanes in response to a mid-flight panel blowout incident that occurred last week. What Happened: A recent Alaska Air Group Inc...
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Boeing CEO Says Company Needs To Acknowledge 'Mistake' As 737 Max 9s Remain Grounded
Tuesday, January 9, 2024 - 6:54pm | 405Boeing Company (NYSE: BA) CEO David Calhoun on Tuesday told employees the company will acknowledge its mistake and act with complete transparency as investigations into Friday’s incident involving a Boeing 737 Max 9 proceed. What Happened: According to a Wall Street...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Are Secretly Monitoring But Not Talking About Yet
Friday, October 6, 2023 - 11:05am | 885Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance to uncover new information. Benzinga’s Stock Whisper Index uses a combination of...
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Ground Control To Congress, Commencing Countdown, Engines Off: How Government Shutdown Could Impact Air Travel
Friday, September 29, 2023 - 2:54pm | 786The travel industry has experienced a surge since coming out of the COVID-19 pandemic, fostering optimism for airline stocks. But now a potential government shutdown could temper some of this optimism, with air travel and its patrons poised to experience the repercussions firsthand. What...
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SpaceX Lists Starship Upgrades Ahead Of Second Flight Test: Will Upgrades Meet FAA Standards?
Saturday, September 9, 2023 - 9:18am | 570Elon Musk‘s rocket manufacturing company SpaceX on Friday detailed the changes made to its Starship ahead of its second flight test. What Happened: SpaceX has implemented leak mitigations and improved testing on both engine and booster hardware, the company said in a statement. The rocket...
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SpaceX's Starship Crash Probe Concludes With 63 Corrective Actions Suggested By FAA — Elon Musk Raises This Question
Saturday, September 9, 2023 - 12:24am | 598The Federal Aviation Administration, or FAA, said on Friday that it has closed its investigation into the explosion of SpaceX‘s Starship during its first flight test in April. The Mishap Report: The final report cites multiple root causes for the mishap and 63 corrective actions for the...
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SpaceX Starship Launch Lands FAA In Trouble As Activists Sue Regulator For Ignoring Environmental Impact
Tuesday, May 2, 2023 - 9:03am | 440The Federal Aviation Administration (FAA) has come under the radar for clearing SpaceX‘s Starship for launch. What Happened: Several environmental groups have filed a lawsuit against the FAA alleging that the federal agency failed to consider the environmental impact of the Starship launch...
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Elon Musk's Starship Could Blast Off Sooner Than Expected Next Week
Wednesday, April 5, 2023 - 3:31am | 474The much-awaited launch test of SpaceX‘s Starship could happen next week. What Happened: Starship is looking at its first launch test next week, as per an advisory issued by the Federal Aviation Administration (FAA). As per the advisory, the primary launch date has been set for the 10th of...
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Elon Musk Draws Startling Parallel Between AI And Airplane Crashes
Monday, April 3, 2023 - 11:40pm | 541Artificial Intelligence or AI has been compared with the invention of the internet and mobile devices, but never with airplanes, right? Until now. What Happened: Just days after Elon Musk signed an “open letter” calling for a pause on training AI “more powerful” than...
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Boeing Stock Is Nosediving After Hours: What's Going On?
Thursday, February 23, 2023 - 6:02pm | 261Boeing Co (NYSE: BA) shares are trading lower after the close on Thursday following reports the planemaker will halt deliveries of its 787 Dreamliners. What Happened: According to a CNBC report citing the Federal Aviation Administration (FAA), Boeing will temporarily stop deliveries of...
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FAA Moves To Fine SpaceX $175,000 For Failing To Submit Data Ahead Of Launch
Sunday, February 19, 2023 - 2:46pm | 358The U.S. Department of Transportation’s Federal Aviation Administration (FAA) has proposed a $175,000 civil penalty against Elon Musk-owned Space Exploration Technologies Corp (SpaceX). According to an FAA statement, the civil penalty comes from a mission...