Boeing Financial News

For decades, Art Cashin, UBS' director of floor operations at the New York Stock Exchange, would write a New Year's poem to reflect back on the year's events. With Cashin's passing earlier this month, his sons, Arthur and Peter, sent this homage to their father:

Boeing share price fell on New Year's eve after Jeju Air airplane crash in South Korea killing 179 people. Boeing stock was down more than 2 per cent. The South Korea crash involves Boeing 737-800 model which is widely used by airlines across the world.

A machinists strike

South Korean officials plan to conduct safety inspections of all Boeing 737-800 aircraft operated by the country’s airlines, as they struggle to determine what caused a weekend plane crash that killed 179 people

Subscribe to enjoy similar stories. New Delhi: Budget carrier SpiceJet Ltd. aims to operationalize 30 Boeing 737 MAX aircraft, grounded due to reasons ranging from payment default to lessors and component shortages, in the next 12-15 months as it seeks to increase its operations.

Subscribe to enjoy similar stories. New Delhi: The year 2024 saw India’s aviation industry grow on the back of American aircraft manufacturer Boeing's white tail planes - those that are built without any pre-existing customer. However, the new year is likely to see slower deliveries of Boeing aircraft, leading to Indian airlines inducting fewer planes than they did in 2024.

Boeing airplanes are now coming into a wave of online storm, originating from the disastrous Jeju Air plane crash in South Korea, followed by a group of other incidents that are sparking global concerns about the safety of the planes made by the aviation giants. The plane involved in the South Korea crash was a Boeing 737-800, a precursor to the 737 Max, and according to latest reports, nearly 200 airlines use the 737-800 across the globe, which is becoming a concerning factor for passengers now.

A passenger plane skidded off a runway at a South Korean airport Sunday, slammed into a concrete fence and burst into flames after its front landing gear apparently failed to deploy. All but two of the 181 people on board died in one of the country’s worst aviation disasters.

NASA astronauts Sunita Williams and Butch Wilmore learned this month that their extended stay aboard the International Space Station (ISS) just got a little longer. When the astronauts stranded at the space station were pictured wearing Santa hats next to a tiny Christmas tree this week, netizens had multiple questions.

wet leased planes on new routes as the government seeks to address a severe aircraft shortage which is driving up ticket prices and hindering airlines' expansion plans, people aware of the development said.

The zero growth recorded in the third quarter of this year was revised down from a previously announced increase of 0.1% for the same period of time, according to the Office for National Statistics. Rise in UK inflation 'unwelcome' ahead of BoE interest rate meeting The slowdown in economic growth was exacerbated by a 0.4% fall in production, while the country's services sector marked no growth in quarterly output. Meanwhile, the construction sector recorded 0.7% growth in output. According to the ONS, early estimates indicate that real GDP per head fell by 0.2% in Q3 2024, 0.2%...

Akasa Air is in continuous discussions with Boeing on aircraft deliveries and expects to add a few more planes to its fleet in the current fiscal ending March 2025, the airline's chief Vinay Dube has said. The carrier, which started flying in August 2022, currently has a fleet of 26 Boeing 737 MAX planes and 200 aircraft are on order. In a recent interview to PTI, Dube said that 2024 has been a good year for the airline and will continue to build on it in 2025. «On the service excellence we have provided, I think consumers look at Akasa as being a kind and gentler airline, little more empathetic. We will continue to treat our travellers in a kind, gentle manner,» he said and added that the airline also continues to make sure its employees feel loved and respected.

Six MPC members, including BoE governor Andrew Bailey, voted in favour of maintaining the current interest rate, while three members voted to trim it down by 25 basis points to 4.5%. The decision followed a 2.6% rise in the annual inflation rate in November, up from 1.7% two months earlier in September. The data for November was slightly below FactSet's consensus, which expected that figure to stand at 2.7% last month. Rise in UK inflation 'unwelcome' ahead of BoE interest rate meeting According to BoE, the inflation came in slightly higher than previously expected, «owing in la...

HDFC Bank and ICICI Bank, along with declines in blue-chip stocks like Reliance Industries and Bharti Airtel weighed on the benchmarks. The benchmark BSE Sensex lost 1064.12 points or 1.30% to settle at 80,684.45, while the broader Nifty 50 index closed at 24,336.00, lower by 332.25 points or 1.35%.

Annual growth in employees' average earning for both regular (excluding bonuses) and total earnings (including bonuses) hit 5.2% in August to October 2024, above expectations of economists at ING Economics. According to the data from the Office for National Statistics released today (17 December), this marked a rise from the 4.4% regular earnings growth and 4.9% total earnings growth seen in the three months to September. BoE survey reveals growing concern over UK inflationary outlook Meanwhile, the UK unemployment rate for people aged 16 and older was estimated at 4.3% in the thre...

HDFC Bank and ICICI Bank and declines in blue-chip stocks like Reliance Industries and Bharti Airtel weighed on the benchmarks. The benchmark BSE Sensex lost 1064.12 points or 1.30% to settle at 80,684.45, while the broader Nifty 50 index closed at 24,336.00, lower by 332.25 points or 1.35%.

Subscribe to enjoy similar stories. Drones have revolutionized modern warfare in the sky. Now defense companies and navies are betting they can do the same underwater.

Central banks in the United States, Japan and Britain meet, while Germany holds a vote of no confidence in the government.