Boeing

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Yahoo Finance • 2 days ago

Boeing shareholders approve CEO compensation as company faces investigations, potential prosecution

Boeing shareholders on Friday approved CEO David Calhoun's $32.8 million compensation and heard leaders explain what the troubled aircraft maker is doing to improve the quality and safety of its planes after a door plug blew off a Boeing 7... Full story

Yahoo Finance • 3 days ago

Spirit Aero to Cut Jobs After Boeing Slows Down 737 Output

(Bloomberg) -- Spirit AeroSystems Holdings Inc. plans to lay off about 450 workers at its main campus in Wichita, Kansas, as it grapples with mounting losses and a slowdown in deliveries to Boeing Co. Most Read from Bloomberg US Inflatio... Full story

Yahoo Finance • 4 days ago

Congress exempts Boeing 767 freighter from 2028 production cutoff

A UPS Boeing 767-300 waits for its next trip at Dallas-Fort Worth International Airport. The express carrier operates 88 of the aircraft type. (Photo: Jim Allen/FreightWaves) The Federal Aviation Administration reauthorization bill approv... Full story

Yahoo Finance • 5 days ago

PRESS DIGEST-Wall Street Journal - May 15

May 15 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - The U.S. Justice Department said on Tuesday that Boeing Co had breached its o... Full story

Yahoo Finance • 5 days ago

PRESS DIGEST- New York Times business news - May 15

May 15 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Ilya Sutskever, the OpenAI co-founder and chief scientist who in No... Full story

Yahoo Finance • 6 days ago

Down 58% from Highs, Is Southwest Airlines Stock (NYSE:LUV) Stock a Buy?

Airline stocks, including Southwest Airlines (NYSE:LUV), have trailed the broader markets since the onset of the COVID-19 pandemic. Today, Southwest Airlines stock trades 58% below all-time highs, valuing the company at a market cap of $16... Full story

Yahoo Finance • 12 days ago

Explainer-The latest investigation into the Boeing 787

(Reuters) - The Federal Aviation Administration said on Monday it has opened an investigation into the Boeing 787 Dreamliner to see whether some employees committed "misconduct" by claiming certain tests that were not performed had been co... Full story

Yahoo Finance • 13 days ago

TIMELINE-Boeing's new Starliner set for first crewed flight to space station

May 6 (Reuters) - Two years after its initial unmanned journey to the International Space Station (ISS), Boeing's new Starliner astronaut capsule is set for its first crewed test flight on Monday night, following numerous delays. Boeing's... Full story

Yahoo Finance • 13 days ago

UPDATE 1-Boeing's Starliner capsule set for first crewed space flight, to compete with SpaceX

(Adds background on Boeing efforts) By Joey Roulette and Steve Gorman CAPE CANAVERAL, Florida, May 6 (Reuters) - Boeing's new Starliner astronaut capsule was poised for launch on Monday night on a much-delayed first crewed test flight to... Full story

Yahoo Finance • 17 days ago

Air Canada abandons plans for two Boeing 767 converted freighters

Air Canada operates two Boeing 767-300 factory-built freighters (pictured) and six 767-300 passenger-to-freighter aircraft. (Photo: Air Canada) Air Canada has again scaled back growth plans for its startup freighter division, announcing T... Full story

Yahoo Finance • 18 days ago

Spirit Aero says it has a new plan to address Boeing 737 MAX parts demand

(Reuters) - Spirit AeroSystems said it has developed a plan that gives it “a high degree of confidence” to meet U.S. planemaker Boeing's rate and quality expectations for parts for the 737 MAX jet, the company told Reuters on Wednesday. B... Full story

Yahoo Finance • 22 days ago

30 Cities with the Highest Number of Veterans in the US

In this article, we will take a look at the 30 cities with the highest number of veterans in the US. If you want to skip our discussion on trends in the veteran population, you can go directly to the 5 Cities with the Highest Number of Vet... Full story

Yahoo Finance • 25 days ago

LATAM scraps plan to acquire Boeing B737s after talks end with bankrupt Gol

By Dietrich Knauth NEW YORK (Reuters) - LATAM Airlines said on Wednesday that it was no longer seeking to acquire Boeing B737 planes either from bankrupt Brazilian carrier Gol or other sources, opting to look for alternative narrowbody ai... Full story

Yahoo Finance • a month ago

Q1 2024 Hexcel Corp Earnings Call

Participants Nick L. Stanage; Chairman of the Board, President & CEO; Hexcel Corporation Patrick Joseph Winterlich; Executive VP, CFO & Acting Corporate Controller; Hexcel Corporation Bert William Subin; Associate; Stifel, Nicolaus & Co... Full story

Yahoo Finance • a month ago

JetBlue stock plunges as much as 19% as profitability goal hits setback

JetBlue’s (JBLU) stock sank as much as 19% on Tuesday after the airline cut its annual revenue forecast. It's another setback in the company's attempts to get back to a black bottom line. "We've got to get the business back to profitabil... Full story

Yahoo Finance • a month ago

Boeing to face questions on potential CEO candidates, Spirit talks

By Abhijith Ganapavaram and Allison Lampert (Reuters) - Tough questions await Boeing when it announces its results on Wednesday, including on potential CEO candidates, talks with Spirit AeroSystems and slumping 737 MAX jet output, while i... Full story

Yahoo Finance • a month ago

Will airline ticket prices go back up this summer? What experts say.

Whether it’s due to inflation, increased demand, or airline complications, such as staff shortages and grounded planes, travelers have been dealing with increased travel expenses for quite a while. “I've been joking with friends and famil... Full story

Yahoo Finance • a month ago

Boeing Heads To Space: Could NASA Deal, Starliner Help Fend Off Airplane Segment Weakness?

Boeing Heads To Space: Could NASA Deal, Starliner Help Fend Off Airplane Segment Weakness? Airplane maker Boeing Co (NYSE:BA) has had a rough 2024 with several setbacks related to safety issues highlighted by its airplanes flown by airlin... Full story

Yahoo Finance • a month ago

CMA CGM opens trans-Pacific route, orders additional Boeing cargo plane

PARIS, April 16 (Reuters) - Shipping giant CMA CGM's air cargo branch will take delivery of two Boeing 777 Freighters later this year as it opens a new trans-Pacific route and has ordered a fifth one for next year, it said on Tuesday. The... Full story

Yahoo Finance • a month ago

UPDATE 1-Boeing claims no findings of fatigue on older 787 jets ahead of whistleblower testimony

(Adds comment from whistleblower's attorney in last two paragraphs) April 15 (Reuters) - Boeing said on Monday it has not found fatigue cracks on in-service 787 jets that have gone through heavy maintenance, as the planemaker defended the... Full story