Leaders at Boeing Co. have been struggling to turn the company around after years of bad headlines. Now, some investors are hoping they’ll look to a new tactic: selling some of its businesses, which could shore up the company’s balance sheet and lift the stock from its doldrums.
Ryanair expects to receive 38 Boeing 737 planes by the end of the summer and possibly up to 42 by October if the U.S. Federal Aviation Administration approves deliveries of the additional jets, Ryanair CEO Michael O'Leary said on Monday.
Ryanair expects Boeing to produce 38 of its 737 MAX planes per month by the end of the summer and possibly up to 42 by October, subject to U.S. Federal Aviation Administration approval, Ryanair CEO Michael O'Leary said on Monday.
Boeing ( BA -1.37%) will release its fourth-quarter 2024 earnings on Jan. 28. Naturally, investors will eagerly await the company's outlook from CEO Kelly Ortberg (appointed in August). There's plenty of potential for improvement at Boeing.
That’s because with all of Boeing’s issues, such as a labor strike, delivery delays, job cuts and continued challenges within the defense business, J.P. Morgan analyst Seth Seifman said the losses “are not shocking.”
The astronauts who traveled to the International Space Station aboard the Boeing Starliner are in good health, a NASA spokesperson has said, dismissing fake online reports of their death. The false narrative also includes false quotes attributed to Elon Musk.
South Korean investigators confirmed that both recorders stopped several minutes before the Jeju Air aircraft crashed at Muan International Airport.
Boeing announced fourth quarter details showing it lost last year about $11.8 billion, the second heaviest loss in Boeing history.
Boeing reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss to the quarter, citing the effects of a work stoppage, workforce reductions,
Boeing faces pressure from activist investors and Warren Buffett's interest, signaling potential major changes in the aerospace giant's future.
Some 55 years after the first commercial flight of the Boeing 747, four airlines still fly passenger versions, including Lufthansa, Korean Air Lines and Air China.
Boeing Co. suffered another quarter of fresh charges and losses, highlighting the long road ahead for the US aircraft manufacturer.