airplanes

BofA Securities released its first take on the United Airlines Holdings Inc (NASDAQ: UAL) Investor Day presentation on Tuesday, maintaining a bearish sentiment on the Chicago-based airline company. The United Airlines Analyst: BofA Securities analyst Andrew G. Didora maintained an...

Travel through U.S. airports continues to increase as COVID-19 vaccinations ramp up and customers return to the skies. On Friday, the Transportation Security Administration reported 2,081,115 travelers passed through airport security checkpoints, up 310% over the same date in 2020. After periods of...

Embraer SA (NYSE: ERJ) sees a revenue market of $200 billion for its eVTOL (electric vertical takeoff and landing) unit Eve, with 3 billion passengers and 50,000 aircrafts by 2035, according to BofA Securities. The Embraer Analyst: Ronald Epstein upgrades the rating for Embraer from Neutral to Buy...

United Airlines Holdings Inc (NASDAQ: UAL) announced Thursday its plan to purchase 15 supersonic jets, referred to as Overture, from Boom Supersonic, with the option to purchase an additional 35 aircraft. What Happened: “This is a first order for the supersonic jet from a legacy airline,...

Reuters released a report on May 21 stating Boeing Co (NYSE: BA) plans to increase production of its 737 MAX Planes to 31 per month by March and 42 per month by fall 2022. Following the report, Morgan Stanley issued a statement that noted, “We do not expect Boeing to...

Boeing Co (NYSE: BA) was trading up 1.41% Thursday afternoon and throughout the day a number of options traders purchased over $2 million worth of calls, adding to the $543,936 purchased Monday. The airline sector has, so far, failed to gain headway and return to its pre-COVID-19-pandemic levels...

Pete Najarian shared on CNBC's "Fast Money: Halftime Report" Friday that he recently bought Lockheed Martin Corporation (NYSE: LMT) stock. The fundamental story behind the stock led him to buy it, Najarian said.  Lockheed Martin's earnings are growing about 20%...

Boeing Co (NYSE: BA) will supply Southwest Airlines Co (NYSE: LUV) with 100 737 MAX airplanes and 155 options across two models. What Happened: Boeing announced on Monday that Southwest Airlines ordered additional airplanes. To date, Southwest Airlines has ordered 200 737-...

Boeing Company (NYSE: BA) announced on Friday that Investment 777 Partners, a Miami-based private investment firm, has agreed to purchase 24 737 MAX 8 airplanes with the option to purchase 60 additional planes at a later date. What Happened: A strategic investor in the aviation...

Boeing Co. (NYSE: BA) is working with regulators and customers in Asia to return the 737 Max aircraft to service in the region, according to a Reuters report, citing a company executive. “We’re continuing to work with global regulators and our customers to return the 737 MAX to...

Mesa Air Group Inc (NASDAQ: MESA) shares traded up 11% Wednesday after BofA Securities upgraded its rating from Underperform to Buy and increased its price target from $2 to $15. BofA analyst Andrew Didora upgraded Mesa Air after the company fixed its balance sheet with government grants...

Boeing Co. (NYSE: BA) delivered just four aircraft in May, as the coronavirus pandemic decimated the demand for flying, negatively affecting the company's airline customers, who are battling for survival. What Happened After delivering six planes in April, Boeing delivered just four...

Allied Air in Nigeria will nearly double its fleet size with the addition of up to four Boeing 737-800 converted freighters. Aeronautical Engineers Inc. (AEI) of Miami, Florida, announced on March 2 that Allied Air has ordered two passenger-to-freighter conversions with options for two other jobs...

Boeing Co (NYSE: BA) announced Thursday afternoon it will take a $4.9 billion charge in second-quarter results as part of "considerations to customers for disruptions" related to the grounding of its 737 Max. Despite what appears to be a negative headline, several Street analysts...

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