Category: Boeing
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El Al in talks to buy 30 Boeing 737 MAX aircraft
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After obtaining a virtual monopoly on many roads to and from Israel, raising prices and achieving record profits, El Al Israel Airlines Ltd (level:Al) embarks on a spending spree to buy new planes for $2-2.5 billion. Earlier this year, El Al signed a deal to purchase three Boeing Dreamliner aircraft.…
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Boeing Starliner’s first astronaut crew welcomed aboard space station By Reuters
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Written by Joey Rowlett and Steve Gorman (Reuters) – Boeing Co.’s new Starliner capsule and NASA’s inaugural two-member crew safely docked with the International Space Station on Thursday, in a key test to prove the ship’s airworthiness and increase Boeing’s (NYSE:) competition with Elon Musk. SpaceX. The rendezvous was achieved…
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Boeing CEO to testify before US Senate panel on June 18 By Reuters
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Written by David Shepardson and Alison Lambert WASHINGTON (Reuters) – Boeing (NYSE:) CEO Dave Calhoun will testify before a U.S. Senate committee on June 18 after a series of accidents raised safety and quality concerns and prompted regulators to cap the planemaker’s production of its best-selling planes. 737. The highest.…
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Boeing executives unlikely to be charged over 737 MAX crashes, source says By Reuters
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By Mike Spector NEW YORK (Reuters) – U.S. Justice Department officials told family members of victims at a meeting that it is unlikely that criminal charges will be brought against Boeing (NYSE:) executives in fatal crashes in 2018 and 2019 that killed 346 people, as the statute of limitations has…
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Boeing Shares Decline After CFO Walks Back 2024 Cash-Flow Target
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(Bloomberg) — Boeing Co. scrapped a plan to generate cash again this year and said it would suffer another big influx in the current quarter as the beleaguered planemaker fights on multiple fronts to bring production back into the system and ramp up deliveries. Most read from Bloomberg Brian West,…
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Boeing Shares Decline After CFO Walks Back 2024 Cash-Flow Target
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(Bloomberg) — Boeing Co. scrapped a plan to generate cash again this year and said it would suffer another big influx in the current quarter as the beleaguered planemaker fights on multiple fronts to bring production back into the system and ramp up deliveries. Most read from Bloomberg Brian West,…
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Boeing Starliner’s helium leak adds another delay to debut crew flight By Reuters
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(Reuters) – NASA said in a statement that it has again postponed Boeing Co’s (NYSE:) first crewed flight of its Starliner capsule on Tuesday so that engineers can spend more time assessing a helium leak in the spacecraft’s propulsion system. The launch, which was scheduled for May 25, has now…
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Boeing Starliner’s debut crewed flight delayed again to check helium leak By Reuters
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WASHINGTON (Reuters) – NASA and Boeing (NYSE:) said they postponed the launch of the Boeing Starliner crew capsule again on Friday, giving them four more days to evaluate a helium leak before attempting to launch the spacecraft’s first two astronauts into space. Friday. The Starliner’s takeoff from Florida was postponed…
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Lufthansa boss vents frustration about Boeing problems By Reuters
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ZURICH (Reuters) – Delays in plane deliveries from Boeing Co (NYSE:) are “very annoying” and cost Lufthansa a lot of money, but the U.S. planemaker should be able to solve its problems, the German airline’s chief executive said in a newspaper interview. Lufthansa CEO Carsten Spohr was direct when asked…