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April 16, 2021

BOEING

Cramer sees upside in Boeing after stock pulled back on new 737 Max issue

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer advised buying the dip in Boeing after shares traded lower for two straight sessions. “Even with some short-term turbulence, Boeing’s perfectly positioned as the great reopening goes into full swing,” the “Mad Money” host said Monday. Dozens......

Boeing sues, cancels contracts with Air Force One supplier

Reuters
By David Shepardson, Mike Stone FILE PHOTO: A pair of modified Boeing 747 jets which serve as Air Force One presidential aircraft are seen at Joint Base Andrews, Maryland, U.S., July 29, 2020. REUTERS/Carlos Barria/File Photo WASHINGTON (Reuters) – Boeing Co said Thursday it had filed a suit against and......

U.S. FAA approves design of 737 MAX 8200 variant

Reuters
FILE PHOTO: Federal Aviation Administration (FAA) Chief Steve Dickson brings a Boeing 737 MAX aircraft to a stop after an evaluation flight at Boeing Field in Seattle, Washington, U.S. September 30, 2020. Mike Siegel/Pool via REUTERS./File Photo/File Photo WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said on Wednesday it......

Boeing enters into $5.28 billion revolving credit agreement

Reuters
FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo (Reuters) – Boeing Co said on Monday it had entered into a $5.28 billion, two-year revolving credit agreement, as the U.S. planemaker contends......

Boeing enters into $5.28 billion revolving credit agreement

Reuters
FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo (Reuters) – Boeing Co said on Monday it had entered into a $5.28 billion, two-year revolving credit agreement, as the U.S. planemaker contends......

FAA to inspect several Boeing Dreamliners due to production issues

CNBC
CNBC – For more and to sign up click here The first commercial flight of the Qantas Boeing 787 Dreamliner aircraft on December 15, 2017 in Melbourne, Australia. James D. Morgan | Getty Images The Federal Aviation Administration said Wednesday that it will inspect four of Boeing’s 787 Dreamliner planes......

Ethiopian 737 MAX crash families set to obtain key Boeing documents

Reuters
(Reuters) – Families of victims of the deadly 2019 Ethiopian Airlines jet crash may obtain as soon as Thursday Boeing’s reports to U.S. regulators that helped keep its 737 MAX flying after a prior disaster with the same jet in Indonesia five months earlier. FILE PHOTO: Signage of The Boeing......

Boeing CEO waived pay but still got compensation worth $21 million

CBS News
CBS News – For more and to sign up click here Boeing CEO David Calhoun declined a salary and performance bonus for most of last year but still received stock benefits that pushed the estimated value of his compensation to more than $21 million, according to a regulatory filing Friday.......

Boeing CEO forgoes $3.6 million in bonuses, but gets $21 million in total pay as Covid-19 roiled business

CNBC
CNBC – For more and to sign up click here Dave Calhoun, Chairman of Boeing Adam Jeffery | CNBC Boeing CEO Dave Calhoun didn’t take most of his salary for 2020 or bonuses worth $3.6 million altogether, but he was still awarded more than $21 million in total compensation as......

Boeing cites risks in design of newest Airbus jet

Reuters
PARIS (Reuters) – Boeing Co has raised concerns over the design of arch-rival Airbus’ newest narrow-body jet, the A321XLR, saying a novel type of fuel tank could pose fire risks. FILE PHOTO: An Airbus A321 neo flies during a flying display at the first day of the 52nd Paris Air......

Boeing, Australian air force say pilotless, fighter-like jet completed first test flight

Reuters
SYDNEY (Reuters) – Boeing Co and the Royal Australian Air Force (RAAF) said on Tuesday they had completed the first flight test on a pilotless fighter-like jet designed to operate in conjunction with crewed aircraft. FILE PHOTO: A model of Boeing’s pilotless, fighter-like jet, dubbed ;Loyal Wingman’, is displayed in......

United Airlines buys 25 additional Boeing 737 Max jets in vote of confidence in the planes

CNBC
CNBC – For more and to sign up click here A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport. Justin Sullivan | Getty Images United Airlines is buying 25 additional Boeing 737 Max planes and taking delivery of other orders earlier than previously planned as......

Boeing 737 MAX crash lawyers ask two CEOs to testify

Reuters
(Reuters) – Lawyers for families of a fatal Boeing Co 737 MAX crash in Ethiopia are seeking testimony from the planemaker’s chief executive Dave Calhoun and his predecessor Dennis Muilenburg, among other current and former employees, according to a court filing. The Boeing 737 MAX crash on Ethiopian Airlines on......

FAA fines Boeing $6.6 million for failing to comply with 2015 settlement, safety issues

CNBC
CNBC – For more and to sign up click here Workers assemble a Boeing 787 Dreamliner airplane at the Boeing Everett Factory in Everett, Washington. Patrick T. Fallon | Bloomberg | Getty Images The Federal Aviation Administration on Thursday said it fined Boeing $5.4 million after the manufacturer failed to......

Watchdog calls for stronger FAA oversight after flawed Boeing 737 Max certification

CNBC
CNBC – For more and to sign up click here A Boeing 737 MAX 7 aircraft lands during an evaluation flight at Boeing Field in Seattle, Washington, September 30, 2020. Lindsey Wasson | Reuters A government watchdog said the Federal Aviation Administration needs to improve its oversight of new aircraft......

Boeing 777: Signs of ‘metal fatigue’ found on Denver plane engine

BBC
On the same day as the Denver incident, an engine failure on a 30-year-old Boeing 747 freighter saw debris fall on a town in the Netherlands. Parts of what appeared to be turbine blades landed on the town of Meerssen, with one blade found embedded in a car roof, according......

Egyptair grounds four Boeing 777-200 planes – statement

Reuters
FILE PHOTO: The company logo is displayed at the Egyptair desk at Charles de Gaulle airport, after an Egyptair flight disappeared from radar during its flight from Paris to Cairo, in Paris, France, May 19, 2016. REUTERS/Christian Hartmann CAIRO (Reuters) – Egyptair grounded four Boeing 777-200 planes with Pratt& Whitney......

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