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Boeing Settles 90% Of Claims Related To 2018 Lion Air Crash
Wednesday, July 8, 2020 - 8:20am | 326Read More...Boeing Co (NYSE: BA) has settled more than 90% of wrongful death claims filed in federal court after a Lion Air 737 MAX aircraft crashed in Indonesia in 2018, killing 189 people. What Happened: The Lion Air crash was followed by another MAX plane crashing in Ethiopia in 2019, which led to the...
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Boeing 737 Max Test Flights For FAA Approval Start Monday
Monday, June 29, 2020 - 5:05am | 391Read More...The Boeing Company (NYSE: BA) and the United States Federal Aviation Administration will start running test flights of the company's troubled 737 MAX aircraft on Monday, Reuters reported. What Happened In an email to the Congress on Sunday, FAA said it had completed the review of the...
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Why Spirit AeroSystems Stock Is Trading Lower Today
Wednesday, June 24, 2020 - 3:03pm | 206Read More...Spirit AeroSystems Holdings, Inc. (NYSE: SPR) shares are trading lower on Wednesday after reports the FAA issued an airworthiness directive on the Boeing Co (NYSE: BA) 737 MAX. Spirit AeroSystems designs and manufactures aerostructures for commercial and military aircraft. The company operates in...
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Boeing Tells 737 MAX Fuselage Maker To Pause Production
Thursday, June 11, 2020 - 5:19pm | 698Read More...Boeing Co. (NYSE: BA) told its supplier of aircraft fuselages to pause production on four 737 MAX units and avoid starting work on another 16 units scheduled for delivery this year. The aircraft manufacturer said it's decision is tied to the coronavirus' devastating impact on the airline industry'...
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Airlines Fight To Exit 'Intensive Care'
Tuesday, June 2, 2020 - 11:28am | 2000Read More...Despite signs of modest improvement in passenger traffic and the lifting of many coronavirus restrictions, airlines aren't relaxing efforts to shore up balance sheets and restructure in hopes of remaining solvent until demand returns in a meaningful way years from now. Since Friday, several U.S....
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Boeing's CEO On Coronavirus Impact On Travel, 737 MAX Update, Bond Offering
Friday, May 8, 2020 - 3:01pm | 489Read More...Many U.S. airliners are "reasonably confident" that a return to 30% to 50% of pre-COVID-19 capacity by the end of 2020 is possible, Boeing Co (NYSE: BA) CEO David Calhoun said in a Fox Business interview Friday. A 'Crawl Back' For Airline Industry Investors expecting a swift...
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Boeing Nosedives After 737 MAX Grounding, COVID-19
Thursday, April 30, 2020 - 9:37am | 700Read More...Boeing Co.'s specially modified jumbo jet for carrying oversize structures of the 787 Dreamliner to assembly plants in Washington and South Carolina is called the Dreamlifter. The past 18 months, culminating in Wednesday's first-quarter financial results, has been a nightmare. The aircraft...
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Boeing Shares Lose Altitude On New Coronavirus-Driven Concerns
Friday, April 24, 2020 - 3:44pm | 410Read More...Shares of airplane maker Boeing Co (NYSE: BA) were down nearly 6% Friday after The Wall Street Journal reported that the grounded 737 MAX may not return to the skies until late summer or early fall. 737 MAX's Return Up In The Air The fate of Boeing's grounded 737 MAX hinges...
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Boeing Earnings Preview: Turbulence Expected Amid 737 Max, Pandemic Pullback
Friday, April 24, 2020 - 3:22pm | 1870Read More...Things were already shaky for Boeing Co. (NYSE: BA) when it couldn’t supply the aircraft its customers needed. Now the situation is arguably even worse because customers might not need more planes for the time being. There’s still no real insight into when BA can get its beleaguered 737...
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Here's How Much Investing $100 In Boeing Stock Back In 2010 Would Be Worth Today
Wednesday, April 8, 2020 - 8:00am | 445Read More...Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500's (NYSE: SPY) total return for the decade was 250.5%. But there’s no question some big-name stocks did much better than others along the way. Boeing’s Difficult Decade For...
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Boeing Analyst Turns Bullish After Deep Sell-Off
Friday, March 27, 2020 - 12:29pm | 436Read More...Argus turned bullish on beleagured Boeing Co (NYSE: BA) Friday and said the stock has taken a turn for better, primarily due to the value offered by the shares following their recent sell-off. The Boeing Analyst Argus analyst John Eade upgraded shares of Boeing from Hold to Buy, with a 12-...
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PreMarket Prep Stock Of The Day: Boeing
Monday, March 23, 2020 - 2:45pm | 751Read More...Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...
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Haley Quits Boeing's Board Amid Bailout Request
Friday, March 20, 2020 - 8:01am | 266Read More...Expressing her disagreement with Boeing's (NYSE: BA) government bailout, Nikki Haley resigned from the company's board of directors. What Happened Former governor of South Carolina and former ambassador to the United Nations left Boeing's board of directors after the company sought a $...
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Boeing IDs New 737 Max Software Glitch
Thursday, February 6, 2020 - 3:12pm | 267Read More...Boeing Co (NYSE: BA) engineers have discovered a new software problem with the grounded 737 Max that must be fixed before the plane can return to service, according to Bloomberg, which cited Federal Aviation Administration chief Steve Dickson. According to the report, a light...
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Boeing, Key Supplier Agree On Slow Restart To 737 MAX Production
Thursday, January 30, 2020 - 2:02pm | 718Read More...Recent news that federal recertification of the 737 MAX might not take as long as Boeing estimated was welcomed by airlines, but it is becoming clear that the aircraft's production line won't return to normal for a long time. On Thursday, Spirit AeroSystems (NYSE: SPR) in Wichita, Kansas,...
















