Boeing Financial News

The FBI is telling people who were on board the Boeing 737 Max that lost a panel in midflight that they might be victims of a crime

It's been 15 years since the last fatal crash of a U.S. airliner, but you wouldn't know that from a torrent of flight problems that made news in the last three months

United Airlines says federal regulators are increasing their oversight of the carrier following a series of recent issues

As Fed policymakers stuck to their path of lowering rates this year, the Bank of England also moved closer to cuts. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy:

(Reuters) -The U.S. Federal Aviation Administration is considering measures to curb growth at United Airlines, including preventing the carrier from adding new routes, following a series of safety incidents, Bloomberg News reported on Saturday.

FBI...A criminal investigation can be a lengthy undertaking, and, for several reasons, we cannot tell you about its progress at this time." After relatives of 346 people who were killed in two Boeing Max 8 crashes in 2018 and 2019 said that their legal rights have been violated, the US Justice Department in 2022 updated its guidelines for notifying victims of potential crimes. In 2021, the relatives said that their rights were violated when the department deferred a prosecution deal with Boeing without notifying them. The US Justice Department later apologized for not meeting with relatives of the crash victims before the announcement of the deal.

By David Shepardson

By David Shepardson and Rajesh Kumar Singh

U.S. investigators say an American Airlines jetliner suffered an “anomaly” in the braking system before running past the end of a runway in Texas last month

(Reuters) — Bank of England Governor Andrew Bailey said expectations of interest rate cuts this year were not «unreasonable» and he struck an optimistic tone about the UK economy, the Financial Times reported on Friday.

By Rae Wee

«Large caps are better placed in terms of valuation comfort and growth visibility. However, volatility in the broader market cannot be ruled out. Key event to watch – BOE interest rate decision,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

the end of a runway in Texas last month had undergone a brake-replacement job four days earlier, U.S. investigators said Thursday. An inspection showed that flexible hydraulic lines to parts of the braking system on the Boeing 737 had been improperly reconnected, the National Transportation Safety Board said in a preliminary report on the Feb.

The heads of leading U.S. airlines want to meet with Boeing and hear the aircraft manufacturer’s strategy for fixing quality-control problems that have gained attention since a panel blew out of a jetliner in January

By William Schomberg and Suban Abdulla

Four fairly quick observations on this Federal Reserve meeting day, not all of which have anything to do with the Fed:

Vinay Dube, Founder, MD & CEO, Akasa Air, says: “We are part of India's growth story. We can help underpin the economic growth as is required with strong transportation links. We are India's most on-time airline and so we have a real sort of approach to service excellence that we hope is not seen so far. For me, it is just excitement in the future and to top it all off, we are starting our first international flight and so we get to plant the orange Akasa flag in Doha, Qatar just in a few days and we have broken all records with it. We are the first airline to fly internationally within 19 months of launch when most others have taken about six years and that is the reason why I am so excited.” Dube further said: «Flight to Kuwait, Riyadh, Jeddah will come on the heels of Doha, perhaps later this summer. I cannot give you a definitive timeline because we are working with these foreign governments to get the appropriate approvals before we can launch it. But that is just the start. We will (eventually) fly to other parts of the Indian subcontinent, whether it is Bangladesh, Sri Lanka, Kathmandu, etc, or Southeast Asia, other parts of the Middle East.» What is happening in the Indian skies right now? There is competition. There is a news flow, a lot of issues we keep hearing about with regards to Boeing. We are going to address that in greater detail, but set the roadmap for us. Vinay Dube: For me, Indian aviation is growth, excitement and a future of connected cities.

Quiver Quantitative — Boeing (NYSE:BA) (BA) is exploring the sale of at least two defense business units amidst its significant ongoing crisis. The aircraft manufacturer has engaged financial advisers to find potential buyers for some of its smaller units, a move that began roughly a year ago and not directly triggered by the recent accident on January 5, which has drawn extensive scrutiny towards Boeing.

Akasa Air is confident that deliveries of its ordered Boeing 737 MAX jets will be on time, its CEO said, despite concerns over the U.S. planemaker's production schedule for 737s amid intense scrutiny after a mid-air incident this year. India's newest airline in January announced an order for 150 Boeing 737s, as it bets big on its international operations. The order announcement came days after a mid-air cabin panel blowout on an Alaska Air flight. Though Akasa's order does not include the 737 Max 9 version which has been in the spotlight after the incident, broader internal company scrutiny and external investigations in the U.S. have raised worries that delivery timeline of other variants of Boeing's 737 jetliner programme could be hit.

LONDON — The Bank of England is widely expected to keep interest rates unchanged at 5.25% on Thursday, but economists are divided on when the first cut will come.

Chinese accident investigators have indicated they have not yet determined the cause of a 2022 plane crash that killed all 132 people on board