aircraft

Boeing Co’s (NYSE: BA) latest electrical glitch warning for its 737 MAX planes could just be a hiccup and a good opportunity for investors to buy more shares of the company on the dip, CNBC "Mad Money" host Jim Cramer said on Monday. What Happened: Airlines temporarily grounded...

Textron Inc. (NYSE: TXT) seems poised to benefit from improvement in the business jet market and the industrial and commercial helicopter segments, according to Goldman Sachs. The Textron Analyst: Noah Poponak upgraded the rating for Textron from Neutral to Buy, while raising the price target from...

Japan Airlines Co Ltd (OTC: JAPSY) said Monday it has retired all of its Boeing Co’s (NYSE: BA) 777 jets powered by Pratt & Whitney PW4000 engines, a year earlier than scheduled after suspending operations in February. What Happened: Two back-to-back engine failure incidents,...

Investors who have owned stocks in the past year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the past 12 months is 53.3%. But there is no question some big-name stocks performed better than others along the way. United’s Big Run: One...

Alaska Air Group (NYSE: ALK) on Tuesday firmed up the order with Boeing Co (NYSE: BA) to buy an additional 23 737-9 MAX jet with the option to buy 15 more, a deal the two companies initially announced in December as a commitment, further lifting confidence for the struggling planemaker as it limps...

The leisure "travel rebound is in full swing" in 2021, BofA Securities wrote in an industry-wide note, adding that U.S. airline stocks are trading 7% above pre-pandemic levels compared to 10% below for the rest of the travel industry. The Airline Analyst: Andrew Didora made changes to the...

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 Co (NYSE: BA) has entered a new two-year revolving credit facility agreement for $5.28 billion with a group of banks, according to a regulatory filing on Monday. What Happened: The U.S. planemaker said its latest credit agreement is with Citibank (NYSE: C), JPMorgan Chase & Co (NYSE...

General Electric Company (NYSE: GE) is taking steps to become a "normal" industrial stock by easing investor concerns with its GE Capital business, according to BofA Securities. The GE Analyst: Andrew Obin maintains a Buy rating on GE's stock with a $15 price target. The GE...

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...

The Wall Street Journal has reported that AerCap Holdings N.V. (NYSE: AER) is reportedly in talks to merge with the aircraft leasing business of General Electric Company (NYSE: GE). Both stocks traded higher on Monday morning following the report, and Bank of America analyst Andrew Obin said...

The market is likely to continue looking beyond Spirit AeroSystems Holdings, Inc.’s (NYSE: SPR) near- and medium-term execution issues. Instead, there will be a focus on expectations of normalized earnings in 2025, according to Morgan Stanley. The Spirit AeroSystems Analyst: Kristine...

The Boeing Co (NYSE: BA) said Tuesday that the tail sections of 787 Dreamliner planes made at its Salt Lake City facility were joined together improperly, the Wall Street Journal reported. What Happened: The disclosure makes it the third quality-control issue associated with the long-haul plane,...

Boeing Co's (NYSE: BA) stock has lost more than 60% since the start of 2020 but to suggest its valuation is a "negative value" isn't based on any facts, according to BofA Securities analyst Ronald Epstein. What Happened If one were to assign a zero valuation to Boeing's...

Boeing Co (NYSE: BA) named Chairman David Calhoun as its new CEO, but he will merely act as a "seat warmer" as the company searches for a "fresh" CEO. Temporary Duties Calhoun will assume the CEO title and oversee the return of the grounded 737 MAX to the skies. FlightGlobal...