Newsfeeds Archive - Page 3 of 15

2 minute read

Boeing 737 Max Door Plug That Flew Off Alaska Air Flight Missing 4 Key Bolts: Preliminary NTSB Report

February 6, 5:02 PM

Preliminary findings from an independent investigation showed that a handful of key bolts appeared to be missing from the door plug that blew out of a Boeing Co (NYSE:BA) 737 Max 9 plane mid flight in early January.

ALK

2 minute read

Spirit AeroSystems Rebounds With Q4 Topline Beat But Guidance Grounded Amid Boeing Woes

By Lekha Gupta

February 6, 11:25 AM

Spirit AeroSystems (NYSE: SPR) reports impressive Q4 FY23 revenue growth, reaching $1.81 billion, driven by increased production deliveries and favorable pricing adjustments, with shares up 1.27% premarket.

10 minute read

Earnings

Earnings Scheduled For February 6, 2024

By Benzinga Insights

February 6, 6:42 AM

Companies Reporting Before The Bell • BP (NYSE:BP) is projected to report quarterly earnings at $1.05 per share on revenue of $53.50 billion.

AAT

1 minute read

Boeing’s 737 Turbulence – BofA Analyst Sees Light At The End Of The Runway

By Lekha Gupta

February 5, 1:55 PM

BofA Securities analyst Ronald J. Epstein maintains a Neutral rating and $225 price target on Boeing (BA). While the FAA's 737 production freeze poses challenges, Epstein believes it will enhance Boeing's long-term production efficiency, supporting mid-term market share.

2 minute read

Movers
News

What’s Going On With Boeing Stock Monday?

By Adam Eckert

February 5, 9:58 AM

Boeing Co (NYSE:BA) shares are trading lower Monday after the company reportedly discovered new quality defects in its 737 Max airplanes.

2 minute read

Boeing 737 MAX Deliveries May Be Delayed Due To Newly Discovered Quality Defects: Report

By Benzinga Neuro

February 5, 2:44 AM

The company has planned to address the issue by conducting additional work on the affected aircraft.

ALK

1 minute read

Why Spirit Aerosystems Stock Is Climbing

By Erica Kollmann

January 24, 1:22 PM

According to the Seattle Times report, Boeing mechanics are responsible for improperly installing the fuselage panel that blew off an Alaska Airlines jet mid-flight earlier this month. The fuselage panel had been removed for repair and then reinstalled improperly on the final assembly line at Boeing's Renton factory, according to the source.

3 minute read

Legal
News

‘Boeing, Not Spirit, Mis-Installed Piece That Blew Off Alaska Max 9 Jet’ – The Seattle Times; Shares Of Boeing Move Lower On Report

By Benzinga Newsdesk

January 24, 10:05 AM

https://www.seattletimes.com/business/boeing-aerospace/boeing-not-spirit-mis-installed-piece-that-blew-off-alaska-max-9-jet/#:~:text=Passengers%20on%20Flight%201282%20were

ALK

2 minute read

Boeing 737 MAX 9 Incident: FAA Chief Emphasizes Miss On Manufacturing Part And Not On Design

By Vandana Singh

January 18, 1:25 PM

FAA completes inspections on 40 Boeing 737 MAX 9 jets after cabin panel blowout incident. NTSB and FAA update senators on investigation. Ongoing audit reveals production issues at Boeing.

ALK

3 minute read

Boeing’s Rough Ride: Airline Industry Demands Tighter Safety Measures As Stocks Nosedive

By Neil Dennis

January 18, 10:56 AM

Amid recent safety incidents, Boeing Co faces increasing pressure from major clients like Ryanair and AerCap for enhanced safety oversight, impacting its stock performance and raising concerns in the airline industry.

AER