John M. Chase Aviation Capital Group finalized an order for 35 Boeing (NYSE:BA) 737 Max jets, the companies said on Monday. The order includes 16 of the 737-8 model and 19 of the bigger 737-10 variant. The aircraft leasing company now has a total of 82 orders for the best-sellingContinue Reading
sanfel/iStock Editorial via Getty Images Boeing (NYSE:BA) announced Saturday the launch of certification flight testing for its 777-9 model, marking a major milestone in getting its largest twin-engine aircraft cleared for deliveries next year. The flight testing was conducted with the participation of the Federal Aviation Administration, aviation news siteContinue Reading
Kiyoshi Tanno Boeing (NYSE:BA) is in talks with the U.S. Department of Defense about ways to keep its government contracts after the aviation company agreed to plead guilty to a criminal charge resulting from two fatal crashes of its 737 Max plane, Reuters and Bloomberg News reported Monday, citing peopleContinue Reading
GordZam/iStock Editorial via Getty Images Boeing (NYSE:BA) agreed to acquire Spirit AeroSystems (NYSE:SPR) for $37.25 a share in an all-stock deal that had been expected for several months, the companies announced on Monday. Analysts at Wall Street banks offered opinions on what the deal could mean for Boeing (BA) asContinue Reading
da-kuk Stock futures kicked off Q3 and the second half of 2024 on a bullish note, inching up slightly in pre-market trading on Monday morning. Here are some of Monday’s biggest stock movers: Biggest stock gainers Spirit AeroSystems (NYSE:SPR) shares soared over 8% after Boeing (NYSE:BA) announced it would acquireContinue Reading
The National Transportation Safety Board is investigating the blowout incident, and will hold an investigative hearing on August 6-7. Separately, the U.S. Department of Justice is urging Boeing (BA) to plead guilty to a criminal charge after finding the aviation giant violated a settlement over fatal 737 Max crashes inContinue Reading
bpperry/iStock Editorial via Getty Images The U.S. Department of Justice is urging Boeing (NYSE:BA) to plead guilty to a criminal charge after finding the aviation giant violated a settlement over fatal 737 MAX crashes in 2018 and 2019 that killed 346 people, Reuters reported Sunday, citing two people familiar withContinue Reading
Boeing (NYSE:BA) could lose its status as a party to the probe into the Alaska Airlines flight 1282 door plug blow-out, the National Transportation Safety Board (NTSB) warned on Thursday. In a letter sent to Boeing CEO Dave Calhoun, NTSB Office of Aviation Safety Director Timothy LeBaron hit back atContinue Reading
Wirestock/iStock Editorial via Getty Images Boeing (NYSE:BA) has hit another obstacle in the ongoing investigation of the Alaska Airlines flight 1282 door plug blow-out, with the NTSB sanctioning the airplane maker for statements made at a recent media briefing. The NTSB statement – reported by multiple media outlets – hitContinue Reading
Boarding1Now/iStock Editorial via Getty Images Boeing (NYSE:BA) is going to resume deliveries of widebody jets to China, whose aviation regulators had halted them in recent weeks for review, Reuters reported, citing a person familiar with the matter. Deliveries of the 737 Max narrowbody jet are set to restart as earlyContinue Reading
