Boeing Financial News

29.04 / 13:37

Provident FIVE Airlines Boeing show information Department Canada grounded Boeing MAX-8s after chance encounter led to new data: docs

Canada’s decision to ground Boeing’s 737 MAX-8 jets in 2019 came as a result of a chance European encounter that led to new data about two deadly crashes, suggest documents obtained by Global News.

28.04 / 12:42

FIVE Aviat Manufacturing Airlines Boeing reports rights An emergency slide falls off a Delta Air Lines plane, forcing pilots to return to JFK in New York

An emergency slide fell off a Delta plane that was taking off from New York, and pilots returned to the airport and landed safely

27.04 / 02:09

Cooper Airlines Boeing cover Investigations International Destinations Boeing plane makes emergency landing in New York after exit slide falls off

‘Up to Boeing to..': Airbus says 'not unlikely' to take some Spirit Aero plants After feeling vibrations on the plane, the pilots declared an emergency so the flight could be routed quickly back to the airport safely. Delta said it put passengers on another plane to California.

25.04 / 13:41

COST UPS CEO Airlines Boeing wellness travelers Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well

American and Southwest airlines both say they lost money in the first quarter, and they're responding by trying to cut costs

25.04 / 10:53

markets UPS Manufacturing CEO Boeing Nestle reports Jack Welch’s CEO factory has stopped production: Good riddance.

Last week, reports surfaced that after more than a year on the market, General Electric (GE) finally managed to offload Crotonville, its storied leadership academy nestled along the Hudson River in the suburbs of New York City. It’s not just Crotonville that’s a tough sell these days for GE. It’s also the executives the training centre helped shape and the leadership philosophy it long espoused.

25.04 / 07:37

UPS Aviat Boeing Research Trade reports Boeing reports 1st revenue drop in 7 quarters but beats expectations

Boeing on Wednesday reported its first quarterly revenue drop in seven quarters, but the U.S. planemaker beat Wall Street expectations that were lowered after a January mid-air blowout of a cabin door prompted it to slow production of its strongest-selling jets.

24.04 / 19:03

Manufacturing CEO Airlines Boeing Justice reports Department Boeing posts a $355M loss, as plane maker tries to dig out from latest crisis

Boeing is reporting a $355 million loss for the first quarter

24.04 / 19:03

Citi Airlines Mobile Boeing BURST Department Investigations Oil sprays from an ANA flight carrying 213 people as it lands in northern Japan

Airline officials say oil sprayed from an All Nippon Airways plane as it landed in northern Japan, but none of the 213 people on board was injured

24.04 / 12:51

Reuters Aviat CEO Boeing Trade reports wrestling Boeing Q1 Results: Revenue declines 8%, first in 7 qtrs as deliveries decline

revenue to $16.57 billion, the first drop in seven quarters, as the U.S. planemaker slows production of its strongest-selling jets following a January mid-air blowout. The U.S. planemaker said its first-quarter cash burn, a metric closely watched by investors, was $3.9 billion, compared with negative $786 million a year ago.

24.04 / 09:35

Boeing Department Headlines Bank of England chief economist Huw Pill: Interest rate cuts remain 'some way off'

During a speech in London today (23 April), Pill said his assessment of the monetary policy stance had mostly remained unchanged since his vote to maintain the Bank's base rate at 5.25% in March. The economist said the combination of little news and the passage of time have brought a Bank rate cut «somewhat closer», but noted the «lack of news» since the last MPC decision gives him «no reason» to depart from the baseline that it is too early to cut rates. BoE's Huw Pill: Interest rate cuts possible as 'reward' for lower inflation Pill noted that seeing headline inflation fall towa...

24.04 / 06:03

Art Manufacturing Airlines Boeing innovations travelers Department The Boeing just-so story

The latest Boeing uproar belies the potted story line. Instead of bringing shame by abandoning the glories of American manufacturing, in its 787 factory Boeing was inventing new manufacturing to build airliners from carbon fibers rather than traditional aluminum. A whistleblowing engineer testifies that in fitting together these planes, Boeing departed from its estimated tolerances and force limits as it struggled to gain experience in assembling carbon-fiber airliners.

24.04 / 05:23

UPS Aviat Manufacturing CEO Airlines Boeing country As airplane makers struggle to meet demand, Morocco wants to become a manufacturing hub

Moroccan officials are aiming to turn the country into an aviation hub, luring investors aiming to spread out their supply chains to more nations with available and affordable workers

24.04 / 04:45

COST Provident Aviat Manufacturing Airlines Boeing information Boeing, Spirit agree $425 mln deal to address supplier's issues

Spirit AeroSystems said Boeing would give it advance payments of $425 million and help it address issues like higher levels of inventory and lower cashflows after the U.S. aviation regulator capped the planemaker's 737 MAX production. The agreement announced by Spirit on Tuesday comes amid talks between the two for Boeing to buy the fuselage supplier, a former subsidiary, and as the planemaker tries to get control of a sprawling crisis sparked by a mid-air panel blowout in January on a new Alaska Airlines 737 MAX 9.

23.04 / 11:23

Aviat Airlines Boeing country travelers Traffic Destinations Air India, All Nippon Airways forge new Codeshare partnership, what does the deal mean for passengers?

Also Read | 'Goodbye Air India jumbo': Netizens hail ‘wing wave’ manoeuvre as Boeing 747 takes off for last time from Mumbai “Delighted to announce our newest codeshare partner, @FlyANA_official. With this, we offer you even more convenient connectivity between India and Japan. If you are a Flying Returns Gold or Platinum member, this also lets you enjoy premium services on both airlines," Air India said on X.

23.04 / 09:35

UPS Boeing Research Arsenal ‘Cong bad-mouthed Modi and HAL’ PM Modi on BrahMos first consignment to Philippines

BENGALURU : Referring to the first consignment of India's BrahMos missile to the Phillippines, Prime Minister Narendra Modi on Saturday asked whether all this could have been imagined during Congress rule. "Yesterday, the first consignment of India's BrahMos missile has been dispatched to the Philippines. This has generated employment opportunities in large numbers on the ground level.

23.04 / 09:13

COST Strategy economy Boeing Bank of England official raises alarm over private equity use of NAV loans as exits slow

During a keynote speech at Bloomberg today (22 April), BoE financial stability strategy and risk executive director Nathanaël Benjamin warned the lack of transparency about the degree and kinds of leverage entering the system poses a significant risk to financial stability. In an environment where rising debt costs and concerns over the economy have made it more challenging for private equity funds to sell or list their portfolio companies, more firms have resorted to NAV loans to finance cash distributions to investors. NAV loans use a private equity fund's assets, which are typicall...

18.04 / 15:27

Boeing track reports NOT Treasury Committee 'disappointed' BoE and government have not fully accepted its QT advice

The committee undertook a far-reaching report around the central bank's QT plans after so many years of fiscal easing, which it published on 7 February. In it, the committee said it had «raised concerns» that the Bank may be unwinding its quantitative easing policy «without being able to fully consider the broader economic consequences». The committee, led by chair Harriet Baldwin, said it had «concerns that the Bank is taking a 'leap in the dark' by embarking upon a major monetary operation without specifically and separately tracking its effects». Bank of England commits to econo...

17.04 / 22:38

Manufacturing CEO Airlines Boeing Justice Department Investigations Boeing put under Senate scrutiny during back-to-back hearings on aircraft maker's safety culture

An engineer at Boeing alleges the aircraft company is taking manufacturing shortcuts that could lead to jetliners breaking apart

17.04 / 22:37

Airlines Boeing performer travelers recommendations Alaska Airlines briefly grounds flights due to technical issue

Alaska Airlines briefly grounded all flights Wednesday due to a technical issue

17.04 / 22:37

UPS CEO Boeing Trade reports travelers United Airlines reports $124 million loss in a quarter marred by grounding of some Boeing planes

United Airlines says it lost $124 million in the first quarter, and it's blaming Boeing

17.04 / 22:35

Manufacturing Gap Boeing Fastenal exclusive rights Interviews All 787 Dreamliners should be grounded, Boeing whistleblower says

Boeing whistleblower is urging the planemaker to ground all 787 Dreamliners currently in operation around the world, warning that the long-haul jets could “fall apart at the joints.”Sam Salehpour, a quality engineer at Boeing, went public with his concerns about the Boeing 787 and 777 jets last week. In an exclusive TV interview with NBC Nightly News, Salehpour doubled down on his allegations and called for all Dreamliners to be pulled from service and checked for small gaps in the fuselage.“It’s as serious as I have ever seen in my lifetime,” Salehpour told NBC’s Lester Holt, adding that he would not put his family on a 787 jet.“The entire fleet worldwide, as far as I’m concerned right now, needs attention.

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