The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital. The Commercial Airplanes segment provides commercial jet aircraft for passenger and cargo requirements, as well as fleet support services. The Defense, Space & Security segment engages in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems; strategic defense and intelligence systems, which include strategic missile and defense systems, command, control, communications, computers, intelligence, surveillance and reconnaissance, cyber and information solutions, and intelligence systems; and satellite systems, such as government and commercial satellites, and space exploration. The Global Services segment offers products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and data analytics and digital services to commercial and defense customers. The Boeing Capital segment offers financing services and manages financing exposure for a portfolio of equipment under operating and finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The company was founded in 1916 and is based in Chicago, Illinois.
IPO Year:
Exchange: NYSE
Website: boeing.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/3/2024 | $185.00 → $119.00 | Equal Weight → Underweight | Wells Fargo |
| 8/5/2024 | $222.00 → $207.00 | Outperform | Bernstein |
| 4/30/2024 | Buy → Hold | Argus | |
| 4/17/2024 | $140.00 | Neutral → Sell | Northcoast |
| 4/11/2024 | $210.00 → $190.00 | Neutral | BofA Securities |
| 4/1/2024 | Buy → Hold | Melius | |
| 2/23/2024 | Buy → Neutral | Northcoast | |
| 1/25/2024 | $255.00 → $225.00 | Buy → Neutral | BofA Securities |
| 1/18/2024 | $306.00 → $279.00 | Positive | Susquehanna |
| 1/16/2024 | $280.00 → $225.00 | Overweight → Equal Weight | Wells Fargo |
EL SEGUNDO, Calif., Sept. 10, 2024 /PRNewswire/ -- Boeing (NYSE:BA) today announced the scheduled 2026 launch of a satellite – dubbed Q4S – which is designed to demonstrate quantum entanglement swapping capabilities on orbit. This Boeing-funded, first-of-its-kind space mission brings humanity closer to building a secure, global quantum internet that connects quantum sensors and computers. Quantum sensors are much more precise than today's state-of-the-art instruments and quantum computers have the capacity to process large amounts of data, offering potential to revolutionize a
ARLINGTON, Va., Sept. 6, 2024 /PRNewswire/ -- Boeing (NYSE:BA) Chief Financial Officer Brian West will speak at the Morgan Stanley Laguna Conference on September 13 at 8:45 a.m. PT. The event webcast link is available on the Events and Presentations section of www.boeing.com/investors. Individuals should check the website prior to the session to ensure access to the audio stream. ContactInvestor [email protected] Boeing Media [email protected] View original content:https://www.prnewswire.com/news-releases/boeing-cfo-brian-west-to-speak-at-morgan-stanley-laguna-conference-september-13-302239970.html SOURCE Boeing
Brian Fellon joins as Chief Information Officer NW Natural Holdings (NYSE:NWN), comprised of NW Natural Gas Company, NW Natural Water, and NW Natural Renewables, has named Brian Fellon as its new vice president, Chief Information Officer/Chief Information Security Officer. Fellon will begin his new role with the company on September 23. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240904200196/en/(Photo: Business Wire) Fellon joins NW Natural after spending the last eight years as an executive at Puget Sound Energy in Bellevue, Wash., where he served as director of applications services, AI and data. Prior to that, Fellon he
BEIJING, Aug. 26, 2024 /PRNewswire/ -- China will more than double its commercial airplane fleet by 2043 as its aviation industry expands and modernizes to meet growing demand for passenger and cargo air travel, according to Boeing's (NYSE:BA) 2024 Commercial Market Outlook (CMO) for China, the company's long-term forecast of demand for commercial airplanes and related services. "China's commercial aviation market for passengers and cargo continues to expand, driven by economic growth and airlines building their in-country networks," said Darren Hulst, Boeing vice president of
SEATTLE, Aug. 15, 2024 /PRNewswire/ -- Boeing (NYSE:BA) and EL AL Israel Airlines today confirmed the Israeli flag carrier finalized an agreement for up to 31 737 MAX jets, supporting the airline's plans to renew its fleet of Next-Generation 737 airplanes. "This is a significant milestone for EL AL, which will allow us to offer our customers the most advanced service and technology experience in the industry," said Dina Ben-Tal Ganancia. CEO EL AL Israel Airlines. "The implementation of the long-term procurement plan, which began with the purchase of additional 787 Dreamliners
ARLINGTON, Va., July 31, 2024 /PRNewswire/ -- Boeing (NYSE:BA) today announced that its Board of Directors has elected Robert K. "Kelly" Ortberg as the company's new president and chief executive officer, effective August 8, 2024. Ortberg will also serve on Boeing's Board of Directors. He will succeed Dave Calhoun, who earlier this year announced his intention to retire from the company, having served as president and CEO since January 2020, and as a member of Boeing's Board of Directors since 2009. "The Board conducted a thorough and extensive search process over the last several months to select the next CEO of Boeing and Kelly has the right skills and experience to lead Boeing in its nex
ARLINGTON, Va., July 31, 2024 /PRNewswire/ -- Second Quarter 2024 Submitted comprehensive safety and quality plan to the Federal Aviation AdministrationAnnounced agreement to acquire Spirit AeroSystems in July; transaction expected to close mid-2025Revenue of $16.9 billion, GAAP loss per share of ($2.33) and core (non-GAAP)* loss per share of ($2.90)Operating cash flow of ($3.9) billion and free cash flow of ($4.3) billion (non-GAAP)*Total company backlog of $516 billion, including over 5,400 commercial airplanesTable 1. Summary Financial Results Second Quarter First Half (Dollars in Millions, except per share data) 2024 2023 Change 2024 2023 Change Revenues $16,866 $19,751 (15) % $33,435 $
- Strategic multi-year agreement underscores Ryanair's dedication to continuous improvement and innovation in airline operations. FARNBOROUGH, United Kingdom, July 24, 2024 /PRNewswire/ -- Boeing (NYSE:BA) and Ryanair, Europe's largest airline group, are elevating efficiency across Ryanair's fleet of primarily 737s with the addition of Boeing's Jeppesen FliteDeck Pro 5.0 electronic flight bag (EFB) solution. This strategic multi-year agreement, providing support for the carrier's Next-Generation 737 and 737 MAX fleet, underscores Ryanair's dedication to continuous improvement and innovation in airline operations. "We are excited to integrate Boeing's newest electronic flight bag into our op
FARNBOROUGH, United Kingdom, July 23, 2024 /PRNewswire/ -- Boeing (NYSE:BA) and Qatar Airways announced today the Middle Eastern airline placed an order for 20 more 777-9 airplanes, which will be the world's largest and most fuel-efficient twin-engine jet. The order, which expands the carrier's 777X order book to nearly 100 airplanes, was finalized this year and listed as unidentified on Boeing's Orders & Deliveries website. The award-winning airline helped launch the 777X program and now has on order 60 777-9 passenger airplanes. Qatar Airways is also the inaugural launch cus
FARNBOROUGH, United Kingdom, July 23, 2024 /PRNewswire/ -- Boeing (NYSE:BA) and Macquarie AirFinance announced today that the lessor has made its first direct order for Boeing airplanes. The purchase of 20 737-8s doubles Macquarie AirFinance's existing 737-8 order book, which it acquired from ALAFCO Aviation Lease and Finance Co. in 2023. By expanding its 737 MAX portfolio, Macquarie AirFinance will scale-up its fleet of fuel-efficient, new generation airplanes to meet the growing demand of its airline customers. "The continued expansion and renewal of our fleet underscores ou
4 - BOEING CO (0000012927) (Issuer)
4 - BOEING CO (0000012927) (Issuer)
4 - BOEING CO (0000012927) (Issuer)
3 - BOEING CO (0000012927) (Issuer)
4 - BOEING CO (0000012927) (Issuer)
4 - BOEING CO (0000012927) (Issuer)
4 - BOEING CO (0000012927) (Issuer)
4 - BOEING CO (0000012927) (Issuer)
4 - BOEING CO (0000012927) (Issuer)
4 - BOEING CO (0000012927) (Issuer)
Wells Fargo downgraded Boeing from Equal Weight to Underweight and set a new price target of $119.00 from $185.00 previously
Bernstein reiterated coverage of Boeing with a rating of Outperform and set a new price target of $207.00 from $222.00 previously
Argus downgraded Boeing from Buy to Hold
Northcoast downgraded Boeing from Neutral to Sell and set a new price target of $140.00
BofA Securities reiterated coverage of Boeing with a rating of Neutral and set a new price target of $190.00 from $210.00 previously
Melius downgraded Boeing from Buy to Hold
Northcoast downgraded Boeing from Buy to Neutral
BofA Securities downgraded Boeing from Buy to Neutral and set a new price target of $225.00 from $255.00 previously
Susquehanna reiterated coverage of Boeing with a rating of Positive and set a new price target of $279.00 from $306.00 previously
Wells Fargo downgraded Boeing from Overweight to Equal Weight and set a new price target of $225.00 from $280.00 previously
8-K - BOEING CO (0000012927) (Filer)
S-4 - BOEING CO (0000012927) (Filer)
8-K - BOEING CO (0000012927) (Filer)
10-Q - BOEING CO (0000012927) (Filer)
8-K - BOEING CO (0000012927) (Filer)
8-K - BOEING CO (0000012927) (Filer)
11-K - BOEING CO (0000012927) (Filer)
SD - BOEING CO (0000012927) (Filer)
8-K - BOEING CO (0000012927) (Filer)
8-K - BOEING CO (0000012927) (Filer)
SC 13G/A - BOEING CO (0000012927) (Subject)
SC 13G/A - BOEING CO (0000012927) (Subject)
SC 13G/A - BOEING CO (0000012927) (Subject)
SC 13G/A - BOEING CO (0000012927) (Subject)
SC 13G/A - BOEING CO (0000012927) (Subject)
SC 13G/A - BOEING CO (0000012927) (Subject)
SC 13G/A - BOEING CO (0000012927) (Subject)
SC 13G/A - BOEING CO (0000012927) (Subject)
SC 13G/A - BOEING CO (0000012927) (Subject)
ARLINGTON, Va., July 3, 2024 /PRNewswire/ -- The Boeing Company (NYSE:BA) will release its financial results for the second quarter of 2024 on Wednesday, July 31. President and Chief Executive Officer David Calhoun and Executive Vice President and Chief Financial Officer Brian West will discuss the results and company outlook during a conference call that day at 10:30 a.m. ET. The event webcast link is available on the Events and Presentations section of www.boeing.com/investors where the news release and presentation materials will be posted prior to the event. The event can also be accessed by dialing 1-877-692-8955 within the U.S. and by dialing 234-720-6979 outside of the U.S. The passc
ARLINGTON, Va., April 3, 2024 /PRNewswire/ -- The Boeing Company (NYSE:BA) will release its financial results for the first quarter of 2024 on Wednesday, April 24. President and Chief Executive Officer David Calhoun and Executive Vice President and Chief Financial Officer Brian West will discuss the results and company outlook during a conference call that day at 10:30 a.m. ET. The event webcast link is available on the Events and Presentations section of www.boeing.com/investors where the news release and presentation materials will be posted prior to the event. The event can also be accessed by dialing 1-877-692-8955 within the U.S. and by dialing 234-720-6979 outside of the U.S. The pas
ARLINGTON, Va., Jan. 4, 2024 /PRNewswire/ -- The Boeing Company (NYSE:BA) will release its financial results for the fourth quarter of 2023 on Wednesday, January 31. President and Chief Executive Officer David Calhoun and Executive Vice President and Chief Financial Officer Brian West will discuss the results and company outlook during a conference call that day at 10:30 a.m. ET. The event webcast link is available on the Events and Presentations section of www.boeing.com/investors where the news release and presentation materials will be posted prior to the event. The event can also be accessed by dialing 1-877-692-8955 within the U.S. and by dialing 234-720-6979 outside of the U.S. The pa
ARLINGTON, Va., Oct. 4, 2023 /PRNewswire/ -- The Boeing Company (NYSE:BA) will release its financial results for the third quarter of 2023 on Wednesday, October 25. President and Chief Executive Officer David Calhoun and Executive Vice President and Chief Financial Officer Brian West will discuss the results and company outlook during a conference call that day at 10:30 a.m. ET. The event webcast link is available on the Events and Presentations section of www.boeing.com/investors where the news release and presentation materials will be posted prior to the event. The event can also be accessed by dialing 1-877-336-4436 within the U.S. and by dialing 234-720-6984 outside of the U.S. The pa
ARLINGTON, Va., July 5, 2023 /PRNewswire/ -- The Boeing Company (NYSE:BA) will release its financial results for the second quarter of 2023 on Wednesday, July 26. President and Chief Executive Officer David Calhoun and Executive Vice President and Chief Financial Officer Brian West will discuss the results and company outlook during a conference call that day at 10:30 a.m. ET. The event will be webcast at: https://events.q4inc.com/attendee/370513291 The event can also be accessed by dialing 1-877-336-4436 within the U.S. and by dialing 234-720-6984 outside of the U.S. The passcode for both is 999855. Individuals should check the webcast site prior to the session to ensure their computers can
ARLINGTON, Va., April 5, 2023 /PRNewswire/ -- The Boeing Company (NYSE:BA) will release its financial results for the first quarter of 2023 on Wednesday, April 26th. President and Chief Executive Officer David Calhoun and Executive Vice President and Chief Financial Officer Brian West will discuss the results and company outlook during a conference call that day at 10:30 a.m. ET. The event will be webcast at: https://events.q4inc.com/attendee/156333540 The event can also be accessed by dialing 1-877-336-4436 within the U.S. and by dialing 234-720-6984 outside of the U.S. The passcode for both is 999855. Individuals should check the webcast site prior to the session to ensure their computer
ARLINGTON, Va., Jan. 25, 2023 /PRNewswire/ -- Fourth Quarter 2022 Generated $3.5 billion of operating cash flow and $3.1 billion of free cash flow (non-GAAP); cash and marketable securities of $17.2 billionCertification efforts continue on 737-7 and 737-10 Delivered 152 commercial airplanes and recorded 376 net ordersFull Year 2022 Generated $3.5 billion of operating cash flow and $2.3 billion of free cash flow (non-GAAP)Delivered 480 commercial airplanes and recorded 808 net ordersTotal company backlog grew to $404 billion; including over 4,500 commercial airplanesOutlook for 2023 Reaffirming guidance: $4.5-$6.5 billion of operating cash flow and $3.0-$5.0 billion free cash flow (non-GAAP)T
ARLINGTON, Va., Jan. 4, 2023 /PRNewswire/ -- The Boeing Company (NYSE:BA) will release its financial results for the fourth quarter of 2022 on Wednesday, January 25th. President and Chief Executive Officer David Calhoun and Executive Vice President and Chief Financial Officer Brian West will discuss the results and company outlook during a conference call that day at 10:30 a.m. ET. The event will be webcast at: https://events.q4inc.com/attendee/381429737 The event can also be accessed by dialing 1-877-336-4436 within the U.S. and by dialing 234-720-6984 outside of the U.S. The passcode for both is 3750106. Individuals should check the webcast site prior to the session to ensure their compu
ARLINGTON, Va., Oct. 5, 2022 /PRNewswire/ -- The Boeing Company (NYSE:BA) will release its financial results for the third quarter of 2022 on Wednesday, October 26. President and Chief Executive Officer David Calhoun and Executive Vice President and Chief Financial Officer Brian West will discuss the results and company outlook during a conference call that day at 10:30 a.m. ET. The event will be webcast at: https://events.q4inc.com/attendee/728539519 The event can also be accessed by dialing 1-877-336-4436 within the U.S. and by dialing 234-720-6984 outside of the U.S. The passcode for both is 3750106. Individuals should check the webcast site prior to the session to ensure their computer
ARLINGTON, Va., July 6, 2022 /PRNewswire/ -- The Boeing Company (NYSE:BA) will release its financial results for the second quarter of 2022 on Wednesday, July 27. President and Chief Executive Officer David Calhoun and Executive Vice President and Chief Financial Officer Brian West will discuss the results and company outlook during a conference call that day at 10:30 a.m. ET. The event will be webcast at:http://event.choruscall.com/mediaframe/webcast.html?webcastid=2HqZzkE4The event can also be accessed by dialing 1-877-336-4436 within the U.S. and by dialing 234-720-6984 outside of the U.S. The passcode for both is 3750106. Individuals should check the webcast site prior to the session to
Brian Fellon joins as Chief Information Officer NW Natural Holdings (NYSE:NWN), comprised of NW Natural Gas Company, NW Natural Water, and NW Natural Renewables, has named Brian Fellon as its new vice president, Chief Information Officer/Chief Information Security Officer. Fellon will begin his new role with the company on September 23. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240904200196/en/(Photo: Business Wire) Fellon joins NW Natural after spending the last eight years as an executive at Puget Sound Energy in Bellevue, Wash., where he served as director of applications services, AI and data. Prior to that, Fellon he
ARLINGTON, Va., July 31, 2024 /PRNewswire/ -- Boeing (NYSE:BA) today announced that its Board of Directors has elected Robert K. "Kelly" Ortberg as the company's new president and chief executive officer, effective August 8, 2024. Ortberg will also serve on Boeing's Board of Directors. He will succeed Dave Calhoun, who earlier this year announced his intention to retire from the company, having served as president and CEO since January 2020, and as a member of Boeing's Board of Directors since 2009. "The Board conducted a thorough and extensive search process over the last several months to select the next CEO of Boeing and Kelly has the right skills and experience to lead Boeing in its nex
Enters into Term Sheet for Airbus to Assume Ownership of Certain Airbus Program Assets WICHITA, Kan., July 1, 2024 /PRNewswire/ -- Spirit AeroSystems (NYSE:SPR) ("Spirit") today announced it has entered into a definitive merger agreement under which The Boeing Company (NYSE:BA) ("Boeing") will acquire Spirit for $37.25 per share in Boeing common stock (subject to the collar described below). At $37.25 per share, this represents an equity value of approximately $4.7 billion and an enterprise value of approximately $8.3 billion including Spirit's last reported net debt. The price of $37.25 per share represents a 30% premium to Spirit's closing stock price of $28.60 on February 29, 2024, the da
- Demonstrates commitment to aviation safety, improves quality for Boeing Commercial Airplanes- Leverages Boeing enterprise engineering and manufacturing capabilities - Maintains continuity for key U.S. defense and national security programs- Supports supply chain stability and critical manufacturing workforce- Provides long-term value for commercial and defense customers, employees and shareholders ARLINGTON, Va., July 1, 2024 /PRNewswire/ -- Boeing (NYSE:BA) today announced it has entered into a definitive agreement to acquire Spirit AeroSystems (NYSE:SPR). The merger is an all-stock transaction at an equity value of approximately $4.7 billion, or $37.25 per share. The total transaction va
HOUSTON, June 6, 2024 /PRNewswire/ -- NASA astronauts Barry "Butch" Wilmore and Sunita "Suni" Williams successfully docked Boeing's (NYSE:BA) Starliner spacecraft to the International Space Station (ISS), about 26 hours after launching from Cape Canaveral Space Force Station. The astronauts monitored Starliner as it autonomously conducted a series of maneuvers to steadily bring the spacecraft closer to the orbiting laboratory before docking. On the way to the ISS, the crew completed a series of tests including manually flying Starliner for the first time in space. The two Star
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, March 11, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises The Boeing Company ("Boeing" or the "Company") (NYSE:BA) investors that a lawsuit was filed on behalf of investors that purchased Boeing securities between October 23, 2019 and January 24, 2024, inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' opti
ARLINGTON, Va., Feb. 22, 2024 /PRNewswire/ -- Boeing (NYSE:BA) today announced Uma Amuluru as the company's Chief Human Resources Officer and executive vice president, Human Resources, effective April 1. Amuluru succeeds Michael D'Ambrose who announced his plans to retire this July. In her new role, Amuluru will be responsible for Boeing's talent planning, global talent acquisition, learning and development, compensation and benefits, employee and labor relations, and diversity and inclusion initiatives. She will report to Boeing President and CEO David Calhoun and serve on th
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Feb. 01, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises The Boeing Company ("Boeing" or the "Company) (NYSE:BA) investors that a lawsuit was filed on behalf of investors that purchased Boeing securities between October 23, 2019 and January 24, 2024, inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options fo
ARLINGTON, Va., Dec. 14, 2023 /PRNewswire/ -- Boeing (NYSE:BA) today announced Chris Raymond as president and chief executive officer of Boeing Global Services (BGS). Raymond will succeed Stephanie Pope, who was recently named Boeing chief operating officer. Brian Moran has been named Boeing's chief sustainability officer, succeeding Raymond. The appointments are effective Jan. 1, 2024. As president and CEO of Boeing Global Services, Raymond will lead all aspects of the company's aerospace services business supporting commercial, government and aviation industry customers worl
EVERETT, Wash., Oct. 12, 2023 /PRNewswire/ -- In a collaboration to strengthen sustainability in aviation, Boeing (NYSE:BA) is partnering with NASA and United Airlines for in-flight testing to measure how sustainable aviation fuel (SAF) affects contrails and non-carbon emissions, in addition to reducing the fuel's life cycle climate impact. Boeing's second ecoDemonstrator Explorer, a 737-10 destined for United Airlines, will fly with 100% SAF and conventional jet fuel in separate tanks and alternate fuels during testing. NASA's DC-8 Airborne Science Lab will fly behind the com
Boeing Co (NYSE:BA) was trading lower in premarket Thursday, opening at $179.76 per share. The air carrier has agreed to finalize a guilty plea to a criminal fraud conspiracy charge and pay at least $243.6 million for breaching a 2021 agreement with the U.S. Justice Department. Under the plea agreement, Boeing will invest at least $455 million over three years to enhance safety and compliance programs, a 75% increase from its previous plans. An independent monitor will oversee Boeing's compliance, with annual progress reports and a three-year probation period that could extend if terms are not met, reported Reuters. The plane maker acknowledged allowing potentially risky work at
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume AAL PUT TRADE BEARISH 07/26/24 $10.50 $795.0K 51.7K 16.8K UPS CALL SWEEP BEARISH 09/20/24 $130.00 $78
The Boeing Company (NYSE:BA) shares are trading lower on Wednesday. The company is anticipated to release earnings next week on July 31 before the market opens. What To Know: For the 2024 fiscal year second quarter, analysts estimate a loss of $1.76 per share and revenue of $17.26 billion. Boeing stock traded higher on Tuesday, at a price of about $185.17, after Boeing received an order for 20 777-9 planes from Qatar Airlines. Macquaire AirFrance also ordered 20 737-8 MAX jets. In early July, Boeing signed a plea deal with the Department of Justice where it agreed to plead guilty to criminal charges, pay a $243.6 million fine and invest $455 million into its safety and compliance pr
Boeing Company (NYSE:BA) has reportedly resumed deliveries of its 737 MAX aircraft to China after a prolonged delay due to regulatory issues. The deliveries had been stalled for weeks following a Chinese regulatory review of the batteries powering the cockpit voice recorder. Boeing said on July 9 it had delivered two 777 freighters to Air China, confirming widebody deliveries to China had resumed, Reuters reported. The resumption marks a huge boost for Boeing, which has been navigating a separate safety and quality crisis. Boeing's new plane deliveries to China have faced interruptions since 2019 after two fatal crashes involving MAX 8 jets, the report highlighted. The delays wer
The Boeing Company (NYSE:BA) shares are trading higher on Tuesday. Boeing announced it has won contracts from major airline operators. In particular, the company disclosed an order for 20 additional 777-9 planes from Qatar Airways. The 777-9, the largest in its series, offers capacity for 426 passengers in a two-class setup and a range of 7,295 nautical miles (13,510 km), opening new growth opportunities for operators. The order, increasing Qatar Airways’ 777X fleet to nearly 100 planes, was finalized this year and remains listed as unidentified on Boeing’s Orders & Deliveries website. In a separate release, Boeing and Macquarie AirFinance revealed that the lessor had placed its
Boeing (NYSE:BA) and Qatar Airways announced today the Middle Eastern airline placed an order for 20 more 777-9 airplanes, which will be the world's largest and most fuel-efficient twin-engine jet. The order, which expands the carrier's 777X order book to nearly 100 airplanes, was finalized this year and listed as unidentified on Boeing's Orders & Deliveries website.
The Chinese government expressed its desire for U.S. firms to play a significant role in its economy after top U.S. executives engaged in a meeting with Chinese officials. What Happened: The delegation, led by FedEx Corporation (NYSE:FDX) CEO Raj Subramaniam, met with Chinese Vice-Premier He Lifeng and Foreign Minister Wang Yi. The visit aimed to gain first-hand insight following the conclusion of China’s third plenum, South China Morning Post reported on Tuesday. The Chinese officials expressed their hope that the U.S.-China Business Council could encourage American firms to seize opportunities in China, leading to mutual cooperation and development. Wang stated that the delegation’s
Boeing (NYSE:BA) and Macquarie AirFinance announced today that the lessor has made its first direct order for Boeing airplanes. The purchase of 20 737-8s doubles Macquarie AirFinance's existing 737-8 order book, which it acquired from ALAFCO Aviation Lease and Finance Co. in 2023.