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Boeing to divest tech ventures for stake in air-taxi startup
AFP2d 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.

Benzinga5d 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

FAA certifies Boeing's new 737 Max 7 jetliner for flight after years of delays
Associated Press9d 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.

Bloomberg9d 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 Journal9d 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.com9d 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.

Tech Earnings, Fed Rate Decision: What to Watch This Week
The Wall Street Journal16d agoneutral
Tech Earnings, Fed Rate Decision: What to Watch This Week

Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.

Investing.com22d agoneutral
Boeing pushes U.S. to look into EU loan to Airbus

Investing.com -- Boeing has requested the U.S. government to push the European Union for details about a €3 billion ($3.43 billion) loan package to Airbus, according to a Reuters report Tuesday. The move brings back potential trade tensions after the two sides extended a tariff truce over jet subsidies.

FAA nears certification of Boeing 737 MAX 7 and MAX 10
InvestorsHub23d agoneutral
FAA nears certification of Boeing 737 MAX 7 and MAX 10

Boeing (NYSE:BA) could soon receive Federal Aviation Administration approval for its 737 MAX 7 and 737 MAX 10 aircraft, with a senior FAA official indicating certification of both variants is approaching following an extensive regulatory review. Speaking to Reuters at the Farnborough International Airshow, Deputy FAA Administrator Chris Rocheleau said certification of the 737 MAX 7 is “literally around the corner,” with approval for the larger MAX 10 expected shortly afterward.

Boeing Notches Regulatory Milestone for Factories
The Wall Street Journal26d agoneutral
Boeing Notches Regulatory Milestone for Factories

Boeing shares edged higher after the plane maker won back the authority to perform final safety sign-offs on its newly produced 737 MAX and 787 Dreamliner jets. Starting next week, Boeing employees, working on behalf of the Federal Aviation Administration, can issue airworthiness certificates, which airlines need before using the aircraft to fly passengers. Boeing had lost the privilege after a series of safety and quality problems.