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FAA expects Boeing MAX 7 to be certified this summer, sees more production hikes
Reuters71d 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
Reuters71d 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.com71d 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.

Investing.com71d agoneutral
Seaport says GE Aerospace selloff is a buying opportunity

Investing.com -- Seaport Research Partners initiated coverage on GE Aerospace with a Buy rating and a $375 price target, arguing that recent weakness in the aerospace giant’s shares presents an attractive entry point for investors betting on a longer-lasting aviation aftermarket boom.

Boeing Says It’s Ready to Increase MAX Production Again
The Wall Street Journal71d 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.

Air China Cargo tops up order for Airbus A350 freighter aircraft
FreightWaves71d agoneutral
Air China Cargo tops up order for Airbus A350 freighter aircraft

Air China Cargo has exercised options for four additional Airbus A350 cargo jets. Airbus now has almost double the amount of orders for large, next-gen freighters as Boeing. The post Air China Cargo tops up order for Airbus A350 freighter aircraft appeared first on FreightWaves.

FTAI Aviation (FTAI): 3 Reasons We Love This Stock
StockStory73d agoneutral
FTAI Aviation (FTAI): 3 Reasons We Love This Stock

The past six months have been a windfall for FTAI Aviation’s shareholders. The company’s stock price has jumped 53.5%, hitting $251.77 per share. This performance may have investors wondering how to approach the situation.

Saudi Arabia pushes ahead with launch of new airline despite Iran war
The Telegraph73d agoneutral
Saudi Arabia pushes ahead with launch of new airline despite Iran war

The biggest airline start-up this century is forging ahead with plans to launch in Saudi Arabia despite disruption caused by the Iran war. Riyadh Air will collect its first new jets from Boeing this week before commencing flights on July 1, including to London. Tony Douglas, the carrier’s British chief executive, said an extra 22 routes including will be unveiled in quick succession as part of a plan to serve 100 cities worldwide within five years and establish a fleet of more than 180 jets. The

Boeing Verdict And Defense Wins Shift Focus To Valuation And Cash Risks
Simply Wall St.74d agobullish
Boeing Verdict And Defense Wins Shift Focus To Valuation And Cash Risks

Boeing won a US federal jury verdict in its favor in a long running 737 MAX fraud case brought by LOT Polish Airlines. The company was selected for the US Air Force's Next Generation Air Dominance program, a key future fighter aircraft platform. Boeing also secured a substantial contract to upgrade C-17 Globemaster III systems in its defense business. NYSE:BA is trading around $219.02, with the stock up 8.2% over the past year but down 11.3% over five years. These mixed returns reflect how...

Citi says defense selloff creates Boeing stock opportunity
TheStreet75d agobearish
Citi says defense selloff creates Boeing stock opportunity

Investors have had plenty of reasons to question Boeing over the past few years, but Wall Street is starting to separate the company’s defense story from its better-known commercial aviation challenges. Citi is turning more constructive on parts of the aerospace and defense sector after a sharp ...