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Boeing Faces 'Reputational Minefield' After Midair Door Blowout: 4 Analysts On Collateral Damage From 737 MAX 9 Grounding
Tuesday, January 9, 2024 - 1:17pm | 677Read More...Aircraft manufacturer Boeing Co (NYSE:BA) is facing regulatory scrutiny following a significant midair breach. Authorities are currently investigating the incident where a door plug dislodged from the side of an Alaska Air Group, Inc. (NYSE:ALK)-operated 737 MAX 9 aircraft carrying 171 passengers...
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Why Boeing Is On Goldman Sachs' Conviction List
Tuesday, November 14, 2023 - 2:59pm | 247Read More...Boeing Co (NYSE: BA) shares were climbing in early trading on Tuesday. The demand for new aircraft remained strong for both narrowbody and widebody, according to Goldman Sachs. The Boeing Analyst: Noah Poponak maintained a Buy rating on Boeing while keeping the price target unchanged at $258....
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AerCap Shares Soar Following Upward Revision Of FY23 Earnings Forecast, Q3 Earnings Beat
Friday, October 27, 2023 - 11:37am | 457Read More...AerCap Holdings N.V. (NYSE: AER) reported third-quarter FY23 total lease revenue growth of 7% year-on-year to $1.701 billion, missing the analyst consensus of $1.89 billion. Adjusted EPS of $2.81 beat the analyst consensus of $2.73. Total revenues and other income rose...
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Airbus Gears Up For Major Leadership Shift At Key Commercial Aircraft Unit: Report
Saturday, September 16, 2023 - 4:11pm | 609Read More...Airbus SE (OTC: EADSY) is reportedly nearing the plans to name a new internal head of its commercial aircraft business. The European aerospace giant's potential reorganization could see Christian Scherer, its sales chief, taking the reins of the world's leading civil planemaking...
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Boeing's April Delivery Decline Sparks New Deals
Tuesday, May 16, 2023 - 11:18am | 947Read More...Shares of Boeing (NYSE: BA) seemed to hold up against broader market volatility during Friday's trading session. On a day when the S&P 500 benchmark declined by as much as 1.2%, Boeing stock only refused to close the day with a soft decline of 0.56%. The relative strength comes from the...
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Boeing Stock Is Nosediving After Hours: What's Going On?
Thursday, February 23, 2023 - 6:02pm | 261Read More...Boeing Co (NYSE: BA) shares are trading lower after the close on Thursday following reports the planemaker will halt deliveries of its 787 Dreamliners. What Happened: According to a CNBC report citing the Federal Aviation Administration (FAA), Boeing will temporarily stop deliveries of...
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What's Going On At JFK Airport? One Week, Two Near Plane Crashes: Here's What Officials Told Benzinga
Thursday, January 19, 2023 - 3:22pm | 459Read More...The Federal Aviation Administration (FAA) is investigating two incidents involving multiple airlines at New York's John F. Kennedy International Airport over the course of one week. What Happened: Officials are investigating a Jan. 13 incident between a Boeing 737 operated by Delta Air Lines,...
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Why This Spirit AeroSystems Analyst Made A Double Downgrade
Friday, November 11, 2022 - 11:29am | 308Read More...Spirit AeroSystems Holdings, Inc. (NYSE: SPR) subsidiary, Spirit AeroSystems Inc, raised $900 million in a debt offering. Although the company is trying its best to diversify away from Boeing Co (NYSE: BA), it remains “mostly a 737 story,” according to BofA Securities. The Spirit...
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Travel Returns To Pre-Pandemic Levels, But Some Airlines, Other Industry-Related Companies Struggle
Tuesday, November 8, 2022 - 2:38pm | 772Read More...According to TSA checkpoint travel numbers, flights have returned to pre-COVID-19 pandemic highs for fall as compared to 2019. Meanwhile, the Bureau of Labor Statistics reported airline fares have increased by 43% year-over-year for the month of September. A tough first half of the year...
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Boeing Hosted Its First Investor Day In 4 Years After 737 MAX Debacle: What Do Analysts Think?
Thursday, November 3, 2022 - 12:15pm | 541Read More...Boeing Co. (NYSE: BA) held an Investor Day to showcase its Boeing 737 plant and for investors to meet with company executives to discuss strategic priorities, business updates and financial goals. The last Investor Day Boeing had was in 2018 and the company has not provided meaningful forward...
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Celebrity Climate Culprits: What Elon Musk, Steven Spielberg, Kylie Jenner And Others Have In Common
Monday, August 22, 2022 - 2:02pm | 1054Read More...A few years ago, Elon Musk told Rolling Stone, “Climate change is the biggest threat that humanity faces this century," touting his electric vehicle company, Tesla Inc. (NASDAQ: TSLA), as a step toward sustainability. But after taking a look at his private jet-flying habits via @...
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Remember The Concorde? This Airline Is Bringing Back Supersonic Flight
Tuesday, August 16, 2022 - 7:07pm | 450Read More...The Concorde was the first supersonic passenger commercial airplane. Built in the 1960s as part of a joint venture between the U.K. and France, the Concorde introduced a new and faster way to fly. The supersonic airplane cut transatlantic flight in half and had a cruising speed of 1,341 mph...
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Boeing 787 Dreamliner Has Been Cleared For Takeoff: FAA Clears Way For Delivery To Resume
Monday, August 8, 2022 - 4:05pm | 430Read More...The Federal Aviation Administration has announced that Boeing Co (NYSE: BA) can resume delivery of its 787 Dreamliner after delivery had been halted for two years due to manufacturing flaws, CNBC reported. The suspension impacted United Airlines Holdings Inc (NASDAQ: UAL)...
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Boeing CEO David Calhoun Talks About 737 Max 10 Orders, Supply Chain Constraints And Dealing With The US Congress
Monday, July 18, 2022 - 3:11pm | 525Read More...Boeing CEO David Calhoun was on CNBC's "Squawk Box" today from the Farnborough International Airshow, which is July 18 to July 22. The air show is where the aerospace and defense industries present new civilian and military aircraft to customers. What Happened: Calhoun was...
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Why The Teen Who Tracks Elon Musk's Jet Agreed To Stop Monitoring Mark Cuban
Thursday, June 16, 2022 - 7:16pm | 511Read More...Jack Sweeney has interacted with two of the richest people in the world in 2022, but it wasn’t exactly pleasant conversations. Sweeney is the man behind accounts on Twitter Inc (NYSE: TWTR) that track the private jets of several notable billionaires. While Sweeney turned down an offer from...
















