Boeing Financial News

5G services in and around airports, as per an Economic Times report. The focus of these discussions will be on concerns related to aircraft and passenger safety. A broader panel has been constituted to "address the 5G matter", sources told the paper.

By Rajesh Kumar Singh

Investing.com — The S&P 500 and Dow closed at record highs Monday, with the latter ending above 38,000 for the first time as the tech melt-up continued ahead of busy week of corporate earnings and key economic data.

Ajay Kumar Sood has been tasked with resolving the contentious issue of rolling out 5G services in and around airports amid aircraft and passenger safety concerns. Senior officials aware of the move told ET that a wider panel has been formed «to work on the 5G matter» as no consensus was reached around timelines for replacing obsolete aircraft radio altimeters-a key device that provides vital altitude information to flight crews and on-board aircraft systems during landings in low visibility conditions. While the Directorate General of Civil Aviation (DGCA) and the Department of Telecommunications (DoT) have been holding discussions with telcos, airline operators and aircraft manufacturers, the issue has been in limbo for more than a year. In November 2022, the DoT had asked all mobile operators not to install any 5G sites in the 3,300-3,670 MHz band within 2.1 km of both ends of the runway at all airports in India, to avoid potential interference with aircraft radio frequencies. But it was only meant to be a temporary measure till altimeters of aircraft were replaced.

(Updated — January 22, 2024 11:28 AM EST)

Circle Squared Alternative Investments founder Jeff Sica discusses whether Boeing stock is a buy on 'Varney & Co.'

Boeing (NYSE:BA) shares fell 3% in premarket trading Monday following the Federal Aviation Administration's (FAA) recommendation for door plug inspections on the Boeing 737-900ER model.

Investing.com -- U.S. stock futures gain on Monday, in a possible sign of ongoing upward momentum after a tech-fueled surge in equities last week. The U.S. aviation authority recommends new safety checks on Boeing (NYSE:BA) planes that have similar features to a jet model involved in a mid-air door plug breach earlier this month. Sony (NYSE:SONY) pulls the plug on a mega-merger with India's Zee Entertainment, sparking a potential legal battle.

Boeing 737-900ER aircraft visually inspect mid-exit door plugs to ensure the component is properly secured. The FAA on Jan. 6 grounded 171 Boeing 737 MAX 9 planes following the mid-air cabin blowout of a door plug on an eight-week old Alaska Airlines jet. The FAA said the Boeing 737-900ER is not part of the newer MAX fleet but has the same door plug design.

₹155.65 crore. The company currently has a fleet size of 64 aircraft, including 28 Airbus A320 and the rest are Boeing 737 family aircraft. It is set to increase substantially over this year as the airline is set to induct at least 40 out of the 190 Boeing 737 MAX aircraft that Air India has ordered.

Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Futu, Apple, and IBM; downgrades for Boeing.

A witness saw sparks shooting from a cargo plane as it made an emergency landing at Miami International Airport shortly after takeoff

Olympic medal hopes from badminton have always been resting on the shoulders of its women players. They were, expectedly, realised too. Saina Nehwal brought home the first one in 2012 and Sindhu two, in 2016 and 2020 respectively.

India's youngest airline, Akasa Air, has placed an... moreIndia's youngest airline, Akasa Air, has placed an order for 150 Boeing 737 MAX narrowbody planes.

Mint. The executive added that while the second A350 is joining the fleet this month, the total of six A350 deliveries will be completed by March. The airline is prioritizing ample training time for pilots, planning domestic A350 operations for the next five to six months.

Boeing has reassured India that there will be no substantial disruptions in aircraft deliveries to the country. A senior executive at Boeing, Darren Hulst, the Vice President for Commercial Marketing, conveyed this message on Friday, seeking to allay concerns surrounding potential delays. At the "Wings India" air show held in Hyderabad, Darren Hulst underscored Boeing's commitment to prioritize the quality of aircraft over sheer numbers in the Indian market.

(Reuters) -An Atlas Air (NASDAQ:AAWW) Boeing (NYSE:BA) cargo plane was forced to make an emergency landing at Miami International Airport after experiencing an engine malfunction shortly after departure.

PM Modi gets emotional discussing PMAY-Urban houses completion in Maharashtra PM Modi is in Maharashtra's Solapur today where he laid he foundation stone of 8 AMRUT (Atal Mission for Rejuvenation and Urban Transformation) projects worth around ₹2,000 crore in the state. He kickstarted the distribution of 1st and 2nd installments to 10,000 beneficiaries of PM-SVANIDHI in the state during the programme.

Investing.com — The U.S. dollar edged lower in early European trading Friday, but was on track for a second consecutive weekly gain on renewed doubts over early rate cuts by the Federal Reserve, while weak retail sales hit sterling.

Al Nahyan royal family of Dubai has emerged as the wealthiest dynasty globally. Boasting a monumental ₹4,078 crore presidential palace, a fleet of private jets, and ownership of the famed Manchester City football club, this family epitomizes unparalleled affluence on the world stage. At the helm is UAE President Sheikh Mohamed bin Zayed Al Nahyan, or MBZ, overseeing a vast family network comprising 18 brothers, 11 sisters, nine children, and 18 grandchildren.

Prime Minister Narendra Modi and various dignitaries, including Chief Minister M K Stalin, in attendance. As reported by PTI, a total of 5,500 athletes will participate in 26 competitive sports from January 19-31, as announced by the state government. The event aims to replicate the success of the 44th Chennai Chess Olympiad organized in 2022.