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February 23, 2020

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Boeing to inspect undelivered 737 Maxes for foreign object debris

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by CNBC06
CNBC – For more and to sign up click here A Boeing 737 MAX 9 is pictured outside the factory in Renton, Washington. Stephen Brashear | Getty Images Boeing has told employees that it discovered foreign-object debris in fuel tanks of “several” 737 Max planes the manufacturer has in storage,......
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Boeing submits initial plan for resolving 737 Max wiring concerns

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by CNBC010
CNBC – For more and to sign up click here A Boeing 737 MAX 9 is pictured outside the factory in Renton, Washington. Stephen Brashear | Getty Images After weeks of assessing concerns about the placement of wiring bundles in 737 Max airplanes, Boeing has submitted its initial recommendation to......
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United, American pull Boeing 737 Max from schedule until past mid-August

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by CNBC05
CNBC – For more and to sign up click here United Airlines on Friday pulled the Boeing 737 Max from its schedule until Sep. 4 and expects to cancel more than 7,700 flights from June through September, after the manufacturer warned last month that it doesn’t expect regulator approval for......
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JetBlue founder’s new airline Breeze to boost midsize cities’ service

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by CNBC07
CNBC – For more and to sign up click here JetBlue’s founder David Neeleman says Breeze Airways could fly as early as this year. Source: Breeze Airways Nearly 20 years to the day of JetBlue Airways‘ first flight, the New York-based carrier’s founder filed an application with the Department of......
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Southwest (LUV) earnings Q4 beat estimates

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by CNBC018
CNBC – For more and to sign up click here Ground operations employees load baggage onto a Southwest Airlines Boeing 737 aircraft on the tarmac at John Wayne Airport (SNA) in Santa Ana, California. Patrick T. Fallon | Bloomberg | Getty Images Southwest Airlines‘ fourth-quarter profits tumbled more than 21%......
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Boeing doesn’t expect regulators to sign off on 737 Max until mid-2020

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by CNBC019
CNBC – For more and to sign up click here Boeing is telling airlines and suppliers that it doesn’t expect regulators to sign off on the 737 Max until the middle of 2020, months later than the manufacturer previously expected. The extended delay poses another headache for carriers who have......
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Earnings will decide whether market continues to hit new highs

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by CNBC011
CNBC – For more and to sign up click here Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters With the Chinese trade deal out of the way, earnings could be the biggest driver for stocks in the week ahead, as big tech, financial,......
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Boeing expected to take another big, ugly charge on 737 Max crisis

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by CNBC012
CNBC – For more and to sign up click here A year ago, Boeing posted record revenues topping $100 billion with hopes of delivering a chart-topping number of airplanes in 2019, including hundreds of 737 Max jetliners. The news isn’t going to be so rosy on its fourth-quarter earnings call......
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Southwest pulls Boeing 737 Max until June

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by CNBC014
CNBC – For more and to sign up click here A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California Reuters/Mike Blake Southwest Airlines on Thursday said it doesn’t expect the Boeing 737 Max to be included in its flight......
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Delta (DAL) earnings Q4 2019

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by CNBC010
CNBC – For more and to sign up click here A Delta Air Lines Boeing 767-300 landing in Amsterdam. Nicolas Economou | NurPhoto | Getty Images Delta Air Lines‘ fourth quarter profits topped Wall Street’s expectations, as lower fuel prices and strong travel — particularly for high-priced premium tickets —......
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American Airlines reaches deal with Boeing over 737 Max grounding, will share $30 million with employees

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by CNBC011
CNBC – For more and to sign up click here Maintenance workers cover the engine of an American Airlines Group Inc. Boeing Co. 737 Max plane outside of a maintenance hangar at Tulsa International Airport (TUL) in Tulsa, Oklahoma, U.S., on Tuesday, May 14, 2019. Patrick T. Fallon | Bloomberg......
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Stocks making the biggest moves midday: Amazon, American Airlines, Rite Aid & more

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by CNBC020
Check out the companies making headlines in midday trading. Source link: Click here for more...
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US airlines are set for a 10th year of profits. More than 120,000 employees want a raise

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by CNBC025
Airlines next year are negotiating contracts with unions representing more than 120,000 workers. Source link: Click here for more...
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Wall Street analysts stick by Boeing’s stock even as 737 Max saga drags on

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by CNBC019
Boeing’s backlog of orders could has some investors believing the stock will bounce back once the 737 Max is re-certified. Source link: Click here for more...
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United pulls 737 Max from its schedule until early June

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by CNBC013
By pushing the return of the MAX into June, United raises the question of whether U.S. carriers will have the Max in their fleets by the start of the summer travel season, the busiest period of the year for airlines. Source link: Click here for more...
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5 things to know before the stock market opens Tuesday

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by CNBC039
U.S. stock futures were pointing to a mostly lower open after the Dow, S&P 500 and Nasdaq closed at record highs. Source link: Click here for more...
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The boom in airplane orders is over for Boeing and Airbus

CNBC
by CNBC017
The biggest shock this decade by far has been the grounding of the Boeing 737 Max after two fatal crashes in a span of five months killed 346 people. The problems trace back to an arms race between Boeing and Airbus to deliver as many fuel-efficient planes as quickly as......
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Southwest reaches deal with Boeing over 737 Max

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by CNBC021
Southwest is the largest U.S. operator of the 737 Max and said it plans to share the proceeds of the deal with employees. Source link: Click here for more...
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FAA chief says Boeing 737 Max recertification process to stretch into 2020

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by CNBC030
Boeing has repeatedly said it expects to win regulator approval for the 737 Max by the end of the year. Source link: Click here for more...
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