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Korean Air just signed a $36.2 billion Boeing commitment stretching well into the next decade, but a record backlog and blockbuster headline numbers tell only part of the story for a manufacturer still racing to prove it can actually deliver.
Boeing is still pumping out more passenger planes than a year ago, but executives warned that a handful of threats loom on the horizon. "We are not stable yet at 47 a month," Ortberg said at an investor conference Wednesday. Regulatory work on the troubled 777X model could also "spill into next year" due to engine certification issues, Ortberg said.
Soaring oil prices are hurting shares of once high-flying aviation suppliers, with engine maker GE Aerospace suffering the brunt of the selloff. Its shares were down about 3% midday at $308.50, extending a nearly weeklong slump for the manufacturer.
By Tim Hepher COPENHAGEN, Sept 15 (Reuters) - Boeing is close to finalising a delayed order for 150 of its 737 MAX jets after Turkish Airlines threatened to walk away from the high-profile deal in a
Mahan Air, accused of ferrying weapons and military personnel, has kept its aging jets flying despite U.S. efforts to ground it.
President Trump's latest federal financial disclosure reveals that his team bought shares of Boeing the same day the company won a huge government contract. Is this a conflict of interest, or just a big coincidence?
The planemaker closed out its door plug enforcement case in January. The number tells you who was really in charge.
The jet maker bought Spirit AeroSystems in December, and has since uncovered large liabilities it initially hadn’t identified.
Sept 2 (Reuters) - Boeing paid a $3.1 million fine to the Federal Aviation Administration earlier this year after the agency said the planemaker had committed a series of safety violations, including
The leader guided the EV maker through its IPO and raised billions but her sudden exit signals a massive shift in where Wall Street’s top talent is heading.
Toronto Dominion Bank (NYSE:TD) reported record third-quarter earnings, citing revenue growth across its Canadian businesses, Wholesale Banking and improving momentum in U.S. Banking, while management raised confidence that full-year credit losses will land near the low end of its prior guidance ran
Boeing (BA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Boeing clinched a multiyear contract worth up to $131 billion to serve the U.S. Air Force's F-15 program, offering the plane maker a rich opportunity to grow its defense business over the next decade. The contract announced yesterday covers potential payments for upgrades, retrofits and maintenance work across F-15 fleets in the U.S. and with foreign buyers including Japan, Israel and Saudi Arabia. The exact quantity of jets on order and the delivery schedule still need to be worked out.
Aug 24 (Reuters) - The U.S.
SpaceX, trading at 93 times next year’s estimated earnings, seems hardly the stock to unite both short-term-focused hedge-fund managers and more long-term-oriented mutual-fund managers.
The Society of Professional Engineering Employees in Aerospace voted to allow the union’s negotiation team to authorize a strike.
Investing.com -- A Spanish F/A-18 fighter jet operating under NATO’s air-policing mission shot down a drone that entered Romanian airspace without authorisation early on Sunday, Reuters reported, citing Romania’s defence ministry.
Hengli is accused by the U.S. of being a major importer of illicit Iranian crude; the Chinese petrochemical company denies trading with Iran.
Archer Aviation (ACHR) has spent years as a pre-revenue startup, burning cash while it waits for regulators to let its air taxis carry paying passengers. That description no longer fits. On Aug. 10, Archer said it will buy three Boeing subsidiaries in an all-stock deal, and the market pushed the ...
Archer Aviation Inc (ACHR) reports strong Q2 results with 213% revenue growth, unveils a transformative Boeing deal and new AI platform while managing ongoing cash burn.
Archer Aviation (NYSE:ACHR) said it has entered agreements to acquire Boeing-owned Wisk Aero, Insitu and SkyGrid in an all-stock transaction that is expected to close by the end of the year, broadening its operations beyond electric air taxis into unmanned aircraft systems, aviation artificial intel
Boeing announced an agreement Monday to divest its air taxi and two other technology ventures to Archer Aviation for a stake in the startup.In its May earnings release, Archer said it had completed the "phase three" of the Federal Aviation Administration's four-phase certification process for its Midnight air taxi vehicle.
Archer Aviation is taking off. Shares in the California-based startup rose more than 20% in premarket trading after Boeing agreed to take a minority stake in the company as part of a deal that hands over control of its flying-taxi venture Wisk Aero.
The jet maker is selling Wisk Aero, SkyGrid and Insitu in exchange for shares in the California startup.
The jet maker is selling Wisk Aero, SkyGrid and Insitu in exchange for shares in the California startup.
TransDigm Group (NYSE:TDG) raised its fiscal 2026 sales, EBITDA and commercial aftermarket outlook after reporting third-quarter results that management said exceeded expectations, supported by growth across commercial OEM, commercial aftermarket and defense markets. President and Chief Executive O
Loar (NYSE:LOAR) reported record second-quarter sales, adjusted EBITDA and adjusted EBITDA margin, while raising its full-year 2026 outlook as commercial aerospace demand and organic business wins supported growth. Chief Executive Officer and Executive Co-Chairman Dirkson Charles said the quarter m
Ducommun (NYSE:DCO) reported record second-quarter revenue as growth in commercial aerospace and military programs lifted sales, margins and earnings. The company said it remains on track to meet its full-year revenue outlook despite expecting lower growth rates in the second half after pulling forw
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