GE Aerospace is working with NASA on a project to integrate electric motors or generators into a high-bypass turbofan, supplementing power during various operation phases,
Boeing stock is down 33% year-to-date in 2024. Members of Congress have sold Boeing shares in 2024 and will now hear from the CEO as safety struggles mount.
Allegations of mishandled faulty parts in Boeing's 737 Max jets have surfaced, leading to a Senate subcommittee investigation and possible new charges by the Justice Department, highlighting ongoing safety and manufacturing challenges at Boeing.
American Airlines' stock has declined 32.22% in the past year and 18.16% year-to-date. The recent departure of Vasu Raja and downward earnings revision signal potential for more downside. Strategic missteps and technical indicators also point to a strong bearish trend.
Southwest CEO Bob Jordan stays firm amidst calls for leadership changes by activist investor Elliott. Focus on open-seating policy and other revisions.