Boeing Financial News

10.05 / 02:33

markets Digital Boeing President 2020 reports Courts Axis Bank defrauded of ₹22.29 crore by finance firm's directors, Mumbai police files charges

₹22.29 crore, according to a statement from a Mumbai police official on May 9, PTI reported. A criminal case involving charges of cheating, forgery, and breach of trust was lodged at the Cuffe Parade police station following court orders. The complaint, leading to the FIR, was filed by a 43-year-old assistant vice president of Axis Bank, PTI reported.

10.05 / 02:33

markets security Analysis Boeing Research Trade recommendations Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 10

Sensex tanked 1,062.22 points, or 1.45%, to end at 72,404.17, while the Nifty 50 settled 345.00 points, or 1.55%, lower at 21,957.50. Nifty 50 formed a long negative candle on the daily chart, which is reflecting a sharp downside momentum in the market.

09.05 / 20:48

Provident Aviat Airlines Boeing track country evacuation Boeing 737 catches fire and skids off the runway at a Senegal airport. Ten people are injured

Senegal’s transport minister says a Boeing 737 plane carrying 85 people caught fire and skidded off a runway at an airport near the country's capital, Dakar, and that 10 people were injured

09.05 / 18:23

markets COST Boeing WhatsApp rights International Rate Cut BoE inches closer to rate cut as second policymaker backs easing

Bank of England (BoE) moved closer to cutting interest rates from a 16-year high after a second policymaker voted for lower borrowing costs and Governor Andrew Bailey said he was «optimistic that things are moving in the right direction.» Deputy Governor Dave Ramsden joined external member Swati Dhingra in calling for an immediate cut in the base rate from its current level of 5.25%, where it was held for the sixth straight meeting.

08.05 / 04:05

Aviat Boeing performer reports testing Investigations The FAA investigates after Boeing says workers in South Carolina falsified 787 inspection records

The Federal Aviation Administration has opened an investigation into Boeing after the beleaguered company reported that workers at a South Carolina plant falsified inspection records on certain 787 planes

07.05 / 19:31

Boeing WhatsApp NCLT asks SpiceJet to file reply to Aircastle's petition in 15 days

NCLT) Tuesday directed carrier SpiceJet to submit its reply within 15 days to Aircastle (Ireland's) Limited insolvency petition.

07.05 / 11:53

markets COST UPS Aviat Manufacturing Airlines Boeing Commercial jet maker Airbus is staying humble even as Boeing flounders. There's a reason for that

Europe’s Airbus had established a clear sales lead over Boeing even before the American company encountered more fallout from manufacturing troubles and ongoing safety concerns

07.05 / 02:09

Williams Boeing WhatsApp SpaceX stage testing International Indian-origin astronaut Sunita Williams space mission aborted due to technical glitch in rocket

crewed test flight of Boeing's new Starliner space capsule was called off for at least 24 hours over a technical issue that launch teams were unable to resolve in time for the planned Monday night lift-off. The CST-200 Starliner's inaugural voyage carrying astronauts to the International Space Station (ISS) has been highly anticipated and much-delayed as Boeing scrambles to compete with Elon Musk's SpaceX for a greater share of lucrative NASA business.

06.05 / 14:03

Provident Williams Boeing BBC SpaceX reports International Lord Ganesh is my ‘good luck charm’: What Indian-origin astronaut Sunita Williams is taking into space

ALSO READ: Sunita Williams will fly again: Check details of her third mission at ISS She said she would carry a statue of Lord Ganesh with her on the commercial crew flight, saying Ganesh is her good luck charm and that she was happy to have Lord Ganesh with her in outer space, NDTV reported. According to the report, although she is a bit anxious, she has no jitters about flying in a new spacecraft.

05.05 / 12:17

UPS Manufacturing Airlines Boeing Caseys President Department Boeing threatens to lock out its private firefighters in a dispute over pay

Boeing is already facing questions about quality and safety of its aircraft, and now it has a labor showdown on its hands in Seattle

05.05 / 12:17

UPS Williams Boeing SpaceX wellness testing International Boeing is on the verge of launching astronauts aboard new capsule, the latest entry to space travel

Boeing is finally poised to launch astronauts to the International Space Station for NASA after years of delays and stumbles

05.05 / 12:17

Manufacturing Airlines Boeing President performer Department International Boeing locks out its private firefighters around Seattle over pay dispute

Boeing has locked out its private force of firefighters who protect its aircraft-manufacturing plants in the Seattle area and brought in replacements after the latest round of negotiations with the firefighters’ union failed to deliver an agreement on ...

05.05 / 11:35

UPS Williams Boeing SpaceX wellness testing International Boeing to launch astronauts into space aboard new capsule

Boeing is finally poised to launch astronauts to the International Space Station for NASA.It’s the first flight of Boeing’s Starliner capsule with a crew on board, a pair of NASA pilots who will check out the spacecraft during the test drive and a weeklong stay at the space station.NASA turned to U.S. companies for astronaut rides after the space shuttles were retired.

05.05 / 03:19

COST Target economy Boeing wellness show How far will BoE move away from Fed's stance? Investors await a clearer signal

Bank of England may offer a clearer signal in the coming week on whether it plans to cut interest rates this summer, just as investors bet on a delayed outlook for easing. Ahead of Thursday’s decision, Governor Andrew Bailey has distanced Britain from resurgent consumer price pressures in the US, pointing to “strong evidence” of UK inflation receding.

04.05 / 20:03

UPS Boeing SpaceX blues testing travelers Boeing is on the verge of launching astronauts aboard new capsule, the latest entry to space travel

THE CAPSULE White with black and blue trim, Boeing's Starliner capsule is about 10 feet (3 meters) tall and 15 feet (4.5 meters) in diameter. It can fit up to seven people, though NASA crews typically will number four. The company settled on the name Starliner nearly a decade ago, a twist on the name of Boeing’s early Stratoliner and the current Dreamliner.

04.05 / 06:15

markets UPS Manufacturing Airlines Boeing pandemic How crazy would it be if Warren Buffett bought Boeing?

Berkshire Hathaway Inc.’s annual meeting on Saturday: Warren Buffett should buy Boeing Co. The idea may sound outlandish on the surface because it rubs against Berkshire’s conservative nature. There’s also the sticking point that Buffett doesn’t do turnarounds and that he wants companies with strong leadership. Then again, Buffett likes to bet on American manufacturing, and he favors industries with moats. Check and check. Also, the upside for Boeing, if the planemaker can get its house in order, is huge.

03.05 / 21:25

UPS Manufacturing Airlines Boeing Caseys President Department Boeing threatens to lock out its private firefighters around Seattle in a dispute over pay

aircraft-manufacturing plants in the Seattle area Friday night unless the workers accept the company's last offer on wages. The company said the two sides were far apart in negotiations. It described the lockout as a precautionary move because the union could go on strike at any time once the current contract expires at midnight local time.

03.05 / 13:17

UPS Manufacturing Airlines Boeing wellness Boeing’s latest trouble is a jet part caught up in Russia sanctions

Boeing has more parts trouble, but this time it doesn’t stem from manufacturing snafus or the 737 jet. The blame goes to Russia sanctions still rippling through the jet maker’s supply chain. In the opening days of Russia’s invasion of Ukraine, a maker of a temperature-regulating part for Boeing’s 787 Dreamliner ceased its Russian operations and shifted production west.

03.05 / 02:59

UPS Aviat Manufacturing Boeing Death hospital Boeing 737 Max whistleblower Joshua Dean, 45, dead after sudden illness

Boeing aircraft has died.Joshua Dean, 45, was a former quality auditor for Boeing supplier Spirit AeroSystems in Wichita, Kan. He worked on the Boeing 737 Max program and filed a formal whistleblower complaint to the Federal Aviation Administration (FAA) in 2023 over improper manufacturing practices he witnessed.

02.05 / 10:41

NIC Boeing wellness Interviews FCA and Bank of England clash over systemic threat posed by private equity

In an interview with the FT, FCA chief executive Nikhil Rathi said he is «not convinced» that the sector, which has grown to manage $8trn in assets, presents a systemic threat. This follows a warning from the BoE last week that lenders were not properly measuring their exposure to the sector, as well as previous concerns raised by the central bank relating to private equity's leverage, transparency and valuations. Bank of England official raises alarm over private equity use of NAV loans as exits slow «What I do think is important is that the [private equity] industry does not nic...

29.04 / 17:13

markets Citi JPMorgan Citigroup Boeing wellness Bill Boeing gets orders almost eight times its $10 billion bond sale

ALSO READ: Boeing plane makes emergency landing in New York after exit slide falls off The warm investor reception the deal is getting “may say more about strong demand for new issuance than the prospects for Boeing credit," said Bill Zox, a portfolio manager at Brandywine Global Investment Management. Moody’s also has the company’s outlook at negative, and all three of the graders now have Boeing at a step above high yield. Boeing Chief Financial Officer Brian West said last week during a conference call that he intends to protect the company’s investment-grade rating, and that the company still has access to $10 billion in untapped credit lines.

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