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More FedEx MD-11 cargo jets return to service, others are retired
FreightWaves41d agoneutral
More FedEx MD-11 cargo jets return to service, others are retired

FedEx is slowly redeploying its fleet of MD-11 aircraft that were grounded for seven months following the fiery crash of a UPS freighter, but has also decided to retire 10 aging aircraft. The post More FedEx MD-11 cargo jets return to service, others are retired appeared first on FreightWaves.

Alphabet $80 Billion Equity Sale Set to Break Fundraising Record
Bloomberg63d agoneutral
Alphabet $80 Billion Equity Sale Set to Break Fundraising Record

(Bloomberg) -- Alphabet Inc.’s surprise $80 billion sale of equity to fund spending on artificial intelligence infrastructure is expected to become the biggest equity capital markets transaction of all time, according to data compiled by Bloomberg.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Andrew Left Found Guilty in Case That Spooked Short SellersAlphabet to Raise $80 Billion in Equity for

FAA expects Boeing MAX 7 to be certified this summer, sees more production hikes
Reuters69d agoneutral
FAA expects Boeing MAX 7 to be certified this summer, sees more production hikes

WASHINGTON, May 27 (Reuters) - The head of the Federal Aviation Administration said on Wednesday that he expects the Boeing 737 MAX 7 to be ‌certified this summer and the larger MAX 10 to be approved before the end ‌of the year. FAA Administrator Bryan Bedford told Reuters at an aviation forum in Washington that he also expects Boeing ​will again hike production of the 737 MAX in the next 90 days.

Boeing increasing 737 production after consulting FAA
Reuters69d agoneutral
Boeing increasing 737 production after consulting FAA

May 27 (Reuters) - Boeing is increasing 737 production to 47 jets a month, up from 42, after consulting with the Federal Aviation Administration, Boeing CEO Kelly Ortberg said on Wednesday. "We're off and rolling at the 47 rate, and we ‌should be there in the next couple months," Ortberg said at the Bernstein Annual Strategic Decisions Conference.

Boeing Hits a Key Milestone. The Stock Is Up.
Barrons.com69d agoneutral
Boeing Hits a Key Milestone. The Stock Is Up.

Boeing stock rose after CEO Kelly Ortberg gave investors some good news about an important 737 MAX milestone. The company passed its capstone review with the Federal Aviation Administration, allowing it to increase its 737 MAX production to 47 jets a month, Ortberg said at the Bernstein Strategic Decisions investor conference Wednesday. Most recently, Boeing had been making 42 MAX jets a month, after getting FAA approval to raise production in late 2025.

Boeing Says It’s Ready to Increase MAX Production Again
The Wall Street Journal69d agoneutral
Boeing Says It’s Ready to Increase MAX Production Again

Boeing's CEO said the company is ready to expand production of its 737 MAX models to 47 jets a month, a hopeful sign for its effort to move past quality-control problems. CEO Kelly Ortberg said Boeing recently passed a "capstone review" of its MAX production, clearing the way for its next increase in output. The Federal Aviation Administration capped Boeing's monthly manufacturing rate in 2024 after the midair blowout of a 737 MAX door panel, and regulators last year removed some production restrictions, but the company has ramped up output gradually to avoid snags.

US jury finds Boeing not guilty in 737 MAX grounding lawsuit
AFP74d agobearish
US jury finds Boeing not guilty in 737 MAX grounding lawsuit

A US jury found Friday that aerospace giant Boeing was not liable for lost revenue in a lawsuit involving its 737 MAX jets, which were grounded for 20 months following two deadly crashes in 2018 and 2019.The 737 MAX jets were grounded from March 2019 until November 2020, when the US Federal Aviation Administration cleared the aircraft to resume service after Boeing upgraded the MCAS. - Victim family lawsuits - The case from the airline, whose full company name is Polskie Linie Lotnicze LOT S.A.,

One-Fifth of SpaceX Revenue Comes From Uncle Sam: The Defense Contractors That Should Worry
24/7 Wall St.76d agoneutral
One-Fifth of SpaceX Revenue Comes From Uncle Sam: The Defense Contractors That Should Worry

SpaceX’s S-1 just handed legacy defense investors a number they cannot ignore. And you can bet they won’t. In 2025, roughly one-fifth of SpaceX revenue came from U.S. federal agencies, primarily NASA, the Department of War, the General Services Administration, and certain Intelligence Community agencies, focused on launch services, spacecraft development, satellite deployment, and artificial ... One-Fifth of SpaceX Revenue Comes From Uncle Sam: The Defense Contractors That Should Worry

NTSB: Flaw that led to engine flying off UPS plane grew unnoticed under relaxed inspection schedule
Associated Press76d agoneutral
NTSB: Flaw that led to engine flying off UPS plane grew unnoticed under relaxed inspection schedule

A UPS plane crash that killed 15 people last year might have been prevented if an original inspection schedule hadn't been relaxed, but mechanics didn't get a close look at the parts that should have kept an engine from flying off its wing because federal regulators allowed Boeing to recommend checking them less frequently, according to testimony Wednesday. The National Transportation Safety Board's questions also drew out that Boeing relied on older data when it asked to extend the inspection schedule in 2015, and didn't seem to account for seven instances on other planes of the same model when the key engine mount parts were failing. The Federal Aviation Administration, for its part, approved the request after a month's review without seeking more information.

Beijing Confirms Boeing Aircraft Order Following Trump's China Visit—Xi Jinping Seeks To End $30 Billion In Reciprocal Tariffs With US
Benzinga77d agoneutral
Beijing Confirms Boeing Aircraft Order Following Trump's China Visit—Xi Jinping Seeks To End $30 Billion In Reciprocal Tariffs With US

China, on Wednesday, confirmed a 200-aircraft order from Boeing Co (NYSE:BA) following President Donald Trump‘s meeting with Chinese President Xi Jinping last week. China Confirms Boeing Deal The country will purchase the aircraft, China’s Ministry of Commerce said in a statement, confirmed by Chinese state-run news agency Xinhua. The order is the first major order Boeing has secured from the world’s second-largest aviation market in over a decade. Read Also: Jim Cramer Says Beijing Can't Afford

China Signals It Will Accept Trump’s Push to Rebuild Tariff Wall
Bloomberg77d agoneutral
China Signals It Will Accept Trump’s Push to Rebuild Tariff Wall

(Bloomberg) -- China indicated it would accept some increase in US tariffs to a level agreed upon last year and would continue talks to extend a trade truce — a sign ties between the world’s two largest economies are further stabilizing.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersNATO Is Starting to Consider Hormuz Mission to Protect ShipsHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS 30-Year Yield Hits Highest Since 2007 as Selloff Deepen

Boeing is still in hot water over Max crash
TheStreet79d agobearish
Boeing is still in hot water over Max crash

Seven years after Ethiopian Airlines Flight 302 went down outside Addis Ababa, a federal jury in Chicago is still assigning a dollar value to what Boeing's failures cost one family. On May 13, that number came in at $49.5 million. The verdict is not large enough to threaten Boeing's balance sheet. ...

Trump Bought Boeing Stock, Then Announced New Order for 200 Planes
24/7 Wall St.81d agoneutral
Trump Bought Boeing Stock, Then Announced New Order for 200 Planes

For most of 2026, investors have been focused on interest rates, tariffs, and whether the U.S. economy is slowing into a softer patch. Yet underneath the macro noise, one trend has quietly reemerged: governments are using industrial deals to strengthen economic ties. That matters because when politics and commerce start moving in the same direction, ... Trump Bought Boeing Stock, Then Announced New Order for 200 Planes