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Boeing added to its order book at the Farnborough International Airshow with new commitments from airlines and cargo operators.
The European plane maker is weighing a stretched version of its A350, putting it in direct competition with Boeing’s troubled 777X jumbo jet.
By Sarah Young FARNBOROUGH, England, July 21 (Reuters) - Britain's Rolls-Royce needs a decision from the UK government soon on whether it will provide a subsidy to help the engineering company develop
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.
Trump threatens 50% tariffs on Canada, Paramount's Warner Bros deal hits pause, and more news to start your day.
By Tim Hepher and David Shepardson FARNBOROUGH, England, July 21 (Reuters) - Boeing has asked the U.S. government to press the European Union for transparency over a package of €3 billion ($3.43
Court strips shareholder case of class-action status
FARNBOROUGH, England, July 20 (Reuters) - Farnborough Airshow opened on Monday with Boeing and Airbus securing the first aircraft orders, while defence companies unveiled lower-cost interceptor missiles and drones as the wars in Ukraine and the Middle East drive demand for stronger air-defence capabilities. Ongoing conflicts are shaping discussions at the July 20 to 24 Farnborough Airshow, one of the world's largest aerospace and defence gatherings, bringing together hundreds of companies acr
July 20 (Reuters) - A federal appeals court on Monday decertified a shareholder class action accusing Boeing of prioritizing profit over safety and overstating its commitment to safe aircraft, prior
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 Chief Executive Kelly Ortberg said the company has started work on a new airplane design, but it is focused on playing catch-up to deliver products that are years behind schedule. Ortberg said airlines weren’t clamoring for a new design just yet, and Boeing wants to have the technology and its finances in place first. “Certainly, getting our financial house in order is a part of our being ready,” Ortberg said.
(Bloomberg) -- Kelly Ortberg attends his first Farnborough Air Show next week as Boeing Co. chief executive officer, looking to pry orders away from Airbus SE while walking a fine political line as US President Donald Trump claims his outsized influence over the planemaker’s sales.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesTaylor Farms Pulls Mexican Lettuce as Parasite Cases RiseChip Stocks Slide Into Bear Market in AI Unwind: Markets WrapSpaceX Slump Wip
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.
By David Shepardson WASHINGTON, July 17 (Reuters) - The Federal Aviation Administration told Congress on Friday it will allow Boeing to issue airworthiness certificates for all 737 MAX and 787
The plane maker just posted its strongest first half of deliveries since 2018, and deliveries are what drive its cash.
(Bloomberg) -- President Donald Trump urged military contractors to speed up production, singling out General Dynamics Corp. during a summit aimed at strengthening the nation’s defense industrial base.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeA Cocaine Bus
Investing.com -- Morgan Stanley maintained a constructive outlook on the aerospace and defense sector ahead of second-quarter earnings, citing resilient commercial aerospace demand, improving aircraft production, and favorable long-term defense spending trends, while becoming more selective after recent stock volatility and valuation shifts.
Pre-Market Stock Futures: Futures are trading higher after a nice bounce-back day for Wall Street, as a tepid June consumer price index report, combined with the President dropping the big Strait of Hormuz tolls, brought buyers back to the table. When the final bell rang, all of the major indices finished the day higher. The ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Allstate, AMC Entertainment, Boeing, CAVA Group, Check Point Software, Digital Realty Trust, FedEx, IBM, UPS
Boeing is gearing up to release its second-quarter earnings later this month, and analysts anticipate a double-digit bottom-line surge.
The passenger was partly sucked out of the aircraft after a window dislodged following takeoff in Greece.
The MAX 7 is expected to receive Federal Aviation Administration approval later this month, The Wall Street Journal reported, citing people familiar with the matter.
Federal regulators are expected to certify Boeing’s second-to-last version of its 737 later this month, marking a significant—albeit belated—milestone for the plane maker.
Stock Market Today: The Dow Jones index dropped Wednesday after Trump declared the ceasefire is "over." Micron and Sandisk dived.
By Joe Brock MOJAVE DESERT, California, July 2 (Reuters) - Inside a cavernous aircraft hangar in the Mojave Desert, JetZero is building a full-size demonstrator of what could be a 200-plus-seat jet, a
The president is traveling to North Dakota on Wednesday for the opening of Theodore Roosevelt’s presidential library.
After grounding its entire MD-11 fleet in November, the carrier began reintroducing the aircraft in May, CEO Raj Subramaniam said.
Honeywell Aerospace (HONA) shares rose Monday in their Nasdaq debut, opening above their when-issued closing price and trading as high as $238.19 as investors got their first look at a newly independent aerospace and defense company separated from Honeywell. Honeywell Aerospace had closed at ...
IPO Stock Of The Week: Aerospace and defense leader Loar stock broke out past its latest buy point in recent sessions amid a volatile market.
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