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Travel Returns To Pre-Pandemic Levels, But Some Airlines, Other Industry-Related Companies Struggle
Tuesday, November 8, 2022 - 2:38pm | 772According to TSA checkpoint travel numbers, flights have returned to pre-COVID-19 pandemic highs for fall as compared to 2019. Meanwhile, the Bureau of Labor Statistics reported airline fares have increased by 43% year-over-year for the month of September. A tough first half of the year...
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Boeing Hosted Its First Investor Day In 4 Years After 737 MAX Debacle: What Do Analysts Think?
Thursday, November 3, 2022 - 12:15pm | 541Boeing Co. (NYSE: BA) held an Investor Day to showcase its Boeing 737 plant and for investors to meet with company executives to discuss strategic priorities, business updates and financial goals. The last Investor Day Boeing had was in 2018 and the company has not provided meaningful forward...
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Celebrity Climate Culprits: What Elon Musk, Steven Spielberg, Kylie Jenner And Others Have In Common
Monday, August 22, 2022 - 2:02pm | 1054A few years ago, Elon Musk told Rolling Stone, “Climate change is the biggest threat that humanity faces this century," touting his electric vehicle company, Tesla Inc. (NASDAQ: TSLA), as a step toward sustainability. But after taking a look at his private jet-flying habits via @...
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Remember The Concorde? This Airline Is Bringing Back Supersonic Flight
Tuesday, August 16, 2022 - 7:07pm | 450The Concorde was the first supersonic passenger commercial airplane. Built in the 1960s as part of a joint venture between the U.K. and France, the Concorde introduced a new and faster way to fly. The supersonic airplane cut transatlantic flight in half and had a cruising speed of 1,341 mph...
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Boeing 787 Dreamliner Has Been Cleared For Takeoff: FAA Clears Way For Delivery To Resume
Monday, August 8, 2022 - 4:05pm | 430The Federal Aviation Administration has announced that Boeing Co (NYSE: BA) can resume delivery of its 787 Dreamliner after delivery had been halted for two years due to manufacturing flaws, CNBC reported. The suspension impacted United Airlines Holdings Inc (NASDAQ: UAL)...
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Boeing CEO David Calhoun Talks About 737 Max 10 Orders, Supply Chain Constraints And Dealing With The US Congress
Monday, July 18, 2022 - 3:11pm | 525Boeing CEO David Calhoun was on CNBC's "Squawk Box" today from the Farnborough International Airshow, which is July 18 to July 22. The air show is where the aerospace and defense industries present new civilian and military aircraft to customers. What Happened: Calhoun was...
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Why The Teen Who Tracks Elon Musk's Jet Agreed To Stop Monitoring Mark Cuban
Thursday, June 16, 2022 - 7:16pm | 511Jack Sweeney has interacted with two of the richest people in the world in 2022, but it wasn’t exactly pleasant conversations. Sweeney is the man behind accounts on Twitter Inc (NYSE: TWTR) that track the private jets of several notable billionaires. While Sweeney turned down an offer from...
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9 Of The Most Expensive Planes In The World: What's Your Style?
Friday, June 3, 2022 - 3:43pm | 890Imagine airplane travel without the hassle. Seats with legroom, no person seated in front of you pushing their seat — and the fold-down tray — into your lap, no fights amongst passengers that will inevitably go viral on social media. Now, imagine this: flying on a private plane. (Though...
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Why Boeing Is On the Radar Of Retail Investors Today
Tuesday, March 22, 2022 - 2:48am | 282Boeing Co. (NYSE: BA) is seeing high interest on Reddit’s r/WallStreetBets forum as of early Tuesday. What Happened: The stock is in the fourth position among the most-discussed stock on the forum with 106 mentions at press time, data from Quiver Quantitative showed. Boeing is also trending...
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9 Aircraft Industry Stocks Other Than Boeing
Monday, March 21, 2022 - 6:24pm | 622A Boeing Co (NYSE: BA) 737-800 carrying 132 passengers operated by China Eastern Airlines went down while flying over the Guangxi region in China Monday morning. This comes at a crucial time for Boeing, as the company is rebounding from the 737 MAX being grounded between...
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United Airlines Sees A Bearish Breakout: What's Next?
Monday, March 7, 2022 - 3:53pm | 375United Airlines Holdings Inc (NASDAQ: UAL) shares are trading significantly lower Monday alongside other airline companies amid travel uncertainties due to the Russia-Ukraine conflict. The conflict is causing geopolitical uncertainties which are weighing on travel demand. United Airlines was...
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These 8 Dow Jones Stocks Are Negative For 2021
Thursday, December 30, 2021 - 4:33pm | 1193The Dow Jones Industrial Average is a price-weighted index consisting of 30 stocks. It's one of the oldest and best-known measures of stock market performance. The blue-chip index closed at a new all-time high Wednesday, dating all the way back to 1896. Dow Jones stocks...
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Boeing Analyst Cuts Boeing Price Target On Further 787 Delivery Delays
Monday, December 20, 2021 - 1:00pm | 362Boeing Co (NYSE: BA) has struggled with several production issues in its 787 program in recent years. In anticipation of further production delays, on Monday one analyst once again cut his 787 delivery targets and price target for Boeing stock. The Analyst: Bank of America analyst Ronald Epstein...
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Boeing's Stock Is Entering Do-Or-Die Time
Thursday, October 14, 2021 - 12:36pm | 379Boeing Co (NYSE: BA) shares are trading lower Thursday after the company announced it is dealing with a defect on its 787 Dreamliner. The defect involves titanium parts that are weaker than they should be. A Boeing spokesman said the company is making progress on improving production and...
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September SPAC Merger Calendar: A Look At Upcoming Votes And Stocks To Watch
Friday, September 3, 2021 - 3:33pm | 1490The month of September marks a slow down in deal votes after recent months but still offers up several well-known companies that will go public if their SPAC merger votes are approved. SPAC merger votes can act as a catalyst as it completes the last step in the merger process and also changes...