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Boeing Analyst Says 737 Max Production Halt A 'Nuclear Option'
Monday, December 16, 2019 - 3:39pm | 539Aircraft maker Boeing Co (NYSE: BA) could be hours away from confirming that it will halt or cut back production of the 737 MAX aircraft. This would be consistent with the company's recent track record of setting expectations and then missing them, according to one analyst. Boeing...
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Boeing Drifts Lower After WSJ Says 737 Max Planes Could Be Grounded Until Next Year
Monday, July 15, 2019 - 10:15am | 384Shares of Boeing Co (NYSE: BA) were trading lower Monday amid reports the grounded 737 Max planes won't be cleared to fly until 2020. What Happened Boeing's 737 Max planes throughout the world were grounded in March in reaction to two fatal crashes and could remain in this state...
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The Latest On Boeing: 737 Max Delay, Pilot Reportedly Sounded Alarm On Safety, CEO To Speak
Wednesday, May 29, 2019 - 10:55am | 660An Ethiopian Airlines pilot raised concerns with his superiors that more training was needed on Boeing Co (NYSE: BA)'s 737 Air Max plane, according to a new Bloomberg report. What Happened Documents and e-mails reviewed by Bloomberg show that Ethiopian Airlines pilot Bernd...
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What To Know About Boeing's Q1 Earnings Miss, 737 And Buyback Update
Wednesday, April 24, 2019 - 9:22am | 606Boeing Co (NYSE: BA) gained 1 percent Wednesday morning after the company reported first-quarter results and management provided multiple updates related to its business. Earnings, Guidance Updates Boeing said it earned $3.16 per share in the first quarter on revenue of $22.917 billion, which...
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Delta Air Lines CEO: 'Great Start' To New Year
Wednesday, April 10, 2019 - 8:40am | 396Delta Air Lines, Inc. (NYSE: DAL) on Wednesday reported first-quarter results that marked a "great start" to the new fiscal year, CEO Ed Bastian told CNBC. Delta's first-quarter adjusted earnings of 96 cents per share beat estimates by 7 cents. Sales of $10.4 billion were slightly...
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Boeing Is Feeling The Pressure
Monday, April 8, 2019 - 12:20pm | 530Boeing Co (NYSE: BA) announced it will lower production of its 737 Max 8 planes from 52 units per month to 42 per month. BofA No Longer A Bull Bank of America's Ronald Epstein downgraded Boeing's stock from Neutral to Buy with a price target lowered from $480 to $420. The analyst says...