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Archer Aviation Q2 Earnings Call Highlights
MarketBeat20h agoneutral
Archer Aviation Q2 Earnings Call Highlights

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 to divest tech ventures for stake in air-taxi startup
AFP1d agoneutral
Boeing to divest tech ventures for stake in air-taxi startup

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.

Boeing Deal Lifts Archer Aviation
The Wall Street Journal1d agoneutral
Boeing Deal Lifts Archer Aviation

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.

Transdigm Group Q3 Earnings Call Highlights
MarketBeat2d agoneutral
Transdigm Group Q3 Earnings Call Highlights

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 Q2 Earnings Call Highlights
MarketBeat3d agoneutral
Loar Q2 Earnings Call Highlights

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 Q2 Earnings Call Highlights
MarketBeat3d agoneutral
Ducommun Q2 Earnings Call Highlights

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

Benzinga4d agobearish
FAA Orders Probe Into Hundreds of Boeing 737 Jets Over Fuselage Cracks— Aircraft Maker Says It Supports Directive

The Federal Aviation Administration (FAA) has issued an Airworthiness Directive after it identified cracks in the fuselage of some Boeing Co. (NYSE:BA) 737 family aircraft. Cracks in the Fuselage In the directive released on Thursday, the FAA said that the probe covers the 737 family’s 737-8, the 8-200 and 737-9 aircraft. “The FAA estimates that this AD affects 471 airplanes” to be affected by the probe, it said in the report. Read Also: FAA, Boeing Say Fuel Switch Locks On 787 Dreamliner Are Sa

Bloomberg6d agoneutral
Pentagon War Game Exposed a Critical US Aluminum Risk Months Before Iran Attacks

(Bloomberg) -- Last summer, about 80 government officials and industry executives gathered in Washington to answer a key question: How would the US aluminum supply chain hold up in the event of a major global conflict?Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallSpaceX’s AI Splur

Albany International Q2 Earnings Call Highlights
MarketBeat7d agoneutral
Albany International Q2 Earnings Call Highlights

Albany International (NYSE:AIN) reported second-quarter revenue growth and its strongest adjusted EBITDA performance in two years, driven by higher production rates in its Engineered Composites business, while Machine Clothing faced mixed regional demand and equipment-related downtime. Total second

Why Did the Dow Hit a New Record Today?
The Wall Street Journal8d agoneutral
Why Did the Dow Hit a New Record Today?

The Dow Jones Industrial Average hit a new record today for the first time in nearly a month. It was the 22nd record close for the blue-chip average this year. Here were some of the biggest gainers in the index today.

FAA certifies Boeing's new 737 Max 7 jetliner for flight after years of delays
Associated Press8d agoneutral
FAA certifies Boeing's new 737 Max 7 jetliner for flight after years of delays

The Federal Aviation Administration on Monday approved the smallest model of Boeing's Max jetliners for commercial service nearly a decade after the aircraft manufacturer first unveiled the plane. Certification of the Boeing 737 Max 7 represents a milestone in the company's work to overcome years of safety, quality and production challenges. The long-delayed Max 7 is part of Boeing’s 737 family of commercial jets, which is the company's bestseller and has been at the center of its troubles.

Bloomberg8d agobullish
Boeing Wins Certification for Long-Delayed 737 Max 7 Jet

(Bloomberg) -- Boeing Co. received sign off for the 737 Max 7 from the Federal Aviation Administration, ending a drawn-out certification process that was upended by two fatal crashes and quality lapses at the US planemaker. Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedAlibaba Adds to China AI Breakthroughs With New Qwen Model Stocks, Bonds Rise as US-Iran Hopes Spur Oil Drop: Markets WrapBeer Dynasty Families Sell €731 Million Stake in AB InBevIran Says Hormuz Talk

Boeing’s Smallest 737 MAX Wins FAA Certification
The Wall Street Journal8d agobullish
Boeing’s Smallest 737 MAX Wins FAA Certification

Boeing’s 737 MAX 7, the smallest jet in the plane maker’s narrow-body family, has at long last won certification from federal air-safety regulators. The plane had originally been expected to enter service in 2019, but two fatal crashes of a larger version of the jet, and other Boeing safety and quality problems, got in the way. Boeing shares gained 6.1% in midday trading.

Investing.com8d agoneutral
U.S. FAA approves 737 MAX-7 for production, sends Boeing shares up 5%

Investing.com -- The Federal Aviation Administration on Monday has approved the Boeing 737 MAX-7, issuing an amended type certificate and an updated Production Limitation Record following nearly a decade of technical review and safety assessments, sending shares of Boeing sharply up more than 5% in afternoon hours of trading.