Boeing CEO Warns Supply-Chain Constraints Could Last ‘Very Long Time’:
bloomberg.com/news/articles/2023-05-23/boeing-ceo-cautions-that-supply-woes-could-last-very-long-time
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| Last Updated | May 23 23 |
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Boeing posts $355 million loss, CEO says focus remains on strengthening safety: As Boeing posts financial losses of $535 million, CEO Dave Calhoun has told staff ...
aerotime.aero/articles/boeing-first-quarter-results-dave-calhoun
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
- Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.
- The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.
- Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.
- Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
Southwest closing operations at 4 airports: Southwest is closing operations at four airports because of delivery delays for Boeing airliners ...
thehill.com/policy/transportation/4620933-southwest-closing-operations-four-airports/
Quick Glance: Southwest and American Airlines Face Financial Challenges
- Southwest Airlines, the largest carrier at San Antonio International Airport, will limit hiring and stop flying to four airports as it copes with weak financial results and delays in getting new planes from Boeing.
- Southwest will also trim flights in Atlanta and at O’Hare International Airport to focus on more profitable locations, expecting to receive only 20 new 737 Max 8 jets from Boeing this year, down from the anticipated 46.
- CEO Robert Jordan stated Southwest was reacting quickly to address financial underperformance by slowing down hiring and asking employees to take time off.
- American Airlines, San Antonio’s second-largest carrier, reported a loss of $312 million as labor costs rose by 18%. The airline expects to return to profitability in the second quarter with earnings between $1.15 and $1.45 per share.
Boeing (BA) Still Has Wall Street Boosters Amid Cascade of Setbacks: For a company that has been in crisis mode for as long as Boeing Co., the planemaker has ...
bloomberg.com/news/articles/2024-04-23/boeing-ba-still-has-wall-street-boosters-amid-cascade-of-setbacks
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Buttigieg says Boeing must meet FAA quality plan before raising 737 MAX output: U.S. Transportation Secretary Pete Buttigieg said on Wednesday that Boeing must ...
reuters.com/business/aerospace-defense/buttigieg-says-boeing-must-meet-faa-quality-plan-before-raising-737-max-output-2024-04-24/
Before congressional hearing: engineer accuses aircraft manufacturer Boeing of construction errors
faz.net/aktuell/wirtschaft/unternehmen/vor-kongressanhoerung-ingenieur-wirft-flugzeughersteller-boeing-baufehler-vor-19660826.html
Airbus Lifts A350 Jet Output, Highlighting Edge Over Boeing: Airbus SE will further increase production of its advanced A350 widebody jet as the planemaker ...
bloomberg.com/news/articles/2024-04-25/airbus-lifts-output-for-a350-highlighting-edge-over-rival-being
Boeing’s (BA) Credit Rating Slashed by Moody’s to to Baa3, One Step From Junk: Moody’s Ratings downgraded Boeing Co.’s credit score to one notch from junk as ...
bloomberg.com/news/articles/2024-04-24/moody-s-slashes-boeing-s-credit-rating-to-one-step-from-junk
Paid articlePaid US to decide by late May if Boeing violated prosecution deal, sources say: U.S. Department of Justice officials are planning to decide as soon as late May ...
reut.rs/3wboLCz
Southwest Airlines Earnings Are Likely to Reveal Its True Exposure to Boeing: Southwest Airlines' earnings may be dominated by its reliance on Boeing and ...
barrons.com/articles/southwest-airlines-earnings-stock-price-4f6481b2
Paid articlePaid Bubble Tea IPO Drains Dregs of Optimism From Hong Kong: Hi, it’s Pei Li in Hong Kong, where a Chinese bubble tea maker just made its much-anticipated trading ...
bloomberg.com/news/newsletters/2024-04-23/bubble-tea-ipo-drains-dregs-of-optimism-from-hong-kong
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Alaska Airlines May Opt To Cull Future Boeing Deliveries: Alaska Air Group is unsure how many aircraft it will receive from Boeing in 2024.
aviationweek.com/air-transport/airlines-lessors/alaska-airlines-may-opt-cull-future-boeing-deliveries
S&P slashes Boeing credit outlook as rating hovers above junk status: Boeing's credit rating was under pressure for the second time this week as S&P brought them ...
reuters.com/business/aerospace-defense/sp-revises-outlook-boeing-negative-2024-04-25/
Boeing’s Revival Roadmap Put to Test by Dwindling Time and Cash: Boeing Co.’s assurance that it can pull itself together in the next three months is giving rise ...
trib.al/BuwYdMY
United Airlines Stock Rises as Profit Forecast Tempers Boeing Concerns (UAL, BA): United Airlines Holdings Inc.’s shares rose after the carrier forecast ...
bloomberg.com/news/articles/2024-04-16/united-airlines-cuts-2024-aircraft-plan-amid-growth-challenges
Paid articlePaidQuick Glance: United Airlines cuts 2024 aircraft delivery plan
- United Airlines has reduced its aircraft delivery expectations for the year due to Boeing delays.
- The company plans to lease 35 Airbus A321neos in 2026 and 2027.
- United Airlines incurred a $200 million loss due to the temporary grounding of the Boeing 737 Max 9 in January.
- The company exceeded Wall Street's expectations for the first quarter.
Ryanair CEO Urges Leadership Continuity at Boeing During Crisis: Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said Boeing Co ...
bloomberg.com/news/articles/2024-04-24/ryanair-ceo-urges-leadership-continuity-at-boeing-during-crisis
Reuters World News: Trump's foreign courters, and other top stories: The US Senate approves a bill to ban TikTok unless it’s sold by its Chinese owner ByteDance.
reut.rs/3Qjjfo7
Embraer (ERJ) Emerges as Brazil’s Best Stock on Orders Flow: Embraer SA’s push into a market long dominated by Boeing Co. and Airbus SE is bearing fruit in ...
bloomberg.com/news/articles/2024-04-17/jet-maker-embraer-emerges-as-brazil-s-best-stock-on-orders-flow
Paid articlePaid Reuters World News: Trump's foreign courters, and other top stories: The US Senate approves a bill to ban TikTok unless it’s sold by its Chinese owner ByteDance.
reut.rs/3Qjjfo7
Boeing makes its largest-ever sustainable aviation fuel purchase : US planemaker Boeing has announced it has made its largest ever the largest sustainable ...
aerotime.aero/articles/boeing-makes-its-largest-ever-sustainable-aviation-fuel-purchase
Boeing Under Pressure From FAA, Capitol Hill, Wall Street Over Latest 737 Issue: As Boeing faces two hearings on Capitol Hill and an earnings report ...
bloomberg.com/news/articles/2024-04-18/boeing-under-pressure-from-faa-capitol-hill-wall-street-over-latest-737-issue
Paid articlePaid 🔊 Beleaguered Boeing faces tough investor questions as it reports results. Listen to @davidshepardson with insights on the planemaker's turbulent first quarter
reut.rs/4d9SrAB
Boeing Stock Is Losing Altitude. It Needs To Find New Support.: The outlook for Boeing shares is hazy as it completes an epic 11-day losing streak ...
barrons.com/articles/boeing-stock-support-11d32050
Paid articlePaid Boeing’s $3.9 billion cash burn adds urgency to revival plan: Boeing ended the reporting period with $7.5 billion in cash and short-term securities ...
bloomberg.com/news/articles/2024-04-24/boeing-s-3-9-billion-cash-burn-adds-urgency-to-quality-reboot
Guess what: Boeing can be spelled without G and E: Boeing’s problems are now as big as its 747 jumbo-jet. Years of dubious decisions have eroded much of the ...
reuters.com/breakingviews/guess-what-boeing-can-be-spelled-without-g-e-2024-04-17/
Singapore loses ‘world’s best airport’ title, Melbourne top in Australia: Twelve-time winner Changi has been edged out of top spot, while Melbourne has been ...
theage.com.au/traveller/travel-news/singapore-loses-world-s-best-airport-title-melbourne-top-in-australia-20240418-p5fkxk.html
Boeing claims no findings of fatigue on older 787 jets ahead of whistleblower testimony
reut.rs/3VUBcgx
Air New Zealand Working ‘Constructively’ With Boeing, Chair Says: Air New Zealand Ltd. will “work constructively” with Boeing Co. to secure its 787 Dreamliners ...
bloomberg.com/news/articles/2024-04-16/air-new-zealand-working-constructively-with-boeing-chair-says
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Amid schedule uncertainty, Boeing will shed workers on SLS rocket program: "Boeing is reviewing and adjusting current staffing levels."
arstechnica.com/space/2024/04/amid-schedule-uncertainty-boeing-will-shed-workers-on-sls-rocket-program/
Boeing claims no findings of fatigue on older 787 jets ahead of whistleblower testimony
reut.rs/3U0awsf
Boeing to face questions on potential CEO candidates, Spirit talks
reuters.com/business/aerospace-defense/boeing-face-questions-potential-ceo-candidates-spirit-talks-2024-04-22/
Boeing hit after new whistleblower raises safety concerns: Boeing shares dropped almost 2% after concerns were raised over its 787 and 777 jets.
bbc.com/news/business-68775413
Red Lobster could file for bankruptcy soon: Private deliberations are ongoing and a final decision has not yet been finalized
qz.com/red-lobster-chapter-11-bankruptcy-express-1851416906
Paid articlePaidQuick Glance: Red Lobster Considers Bankruptcy
- The seafood chain Red Lobster is exploring a potential Chapter 11 filing to restructure its debts, based on insider insights.
- Legal guidance for Red Lobster is provided by King & Spalding. The restaurant chain is contemplating terminating long-term contracts and renegotiating a variety of leases.
- A sign reading “Open For Takeout & Free Delivery” is displayed outside a Red Lobster establishment in Secaucus, New Jersey, USA.
- Established in 1968 in Lakeland, Florida, Red Lobster started with a single restaurant. The introduction of their famous cheese-flavored biscuits occurred in 1992, and the chain now operates hundreds of locations in the US, Canada, and international franchises.
Hamad International Airport in Qatar named world's best airport in 2024, Changi Airport takes 2nd place
cnalifestyle.channelnewsasia.com/trending/worlds-best-airport-2024-skytrax-hamad-qatar-changi-singapore-388751
Departing Boeing CEO gets nearly $33 million in 2023 total compensation: The 2023 pay package of Boeing's CEO, who recently announced his departure in the midst ...
reuters.com/business/aerospace-defense/departing-boeing-ceo-gets-nearly-33-million-2023-total-compensation-2024-04-05/
Quick Glance: Boeing CEO receives nearly $33 million in 2023 total compensation
- Boeing CEO Dave Calhoun received nearly $33 million in total compensation in 2023, with much of it in deferred stock that decreased in value after an incident.
- Calhoun's retirement payouts were valued at over $44 million as of year-end 2023.
- Boeing underwent a management shakeup due to quality concerns from regulators and customers.
- Boeing revamped its executive compensation policies to prioritize product safety and quality after two fatal 737 MAX crashes.
Boeing’s Spirit AeroSystems talks hit snag over Airbus: Boeing's plan to buy back supplier Spirit AeroSystems has become mired in protracted discussions over ...
bloomberg.com/news/articles/2024-04-23/boeing-bid-for-spirit-aerosystems-hits-snag-over-airbus-assets
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While Boeing Takes A Beating, This Aerospace Stock Takes Flight: While Boeing continues to flounder, fellow aerospace peer Heico has just launched a breakout ...
investors.com/research/breakout-stocks-technical-analysis/heico-stock-boeing-stock/
FAA probing Boeing whistleblower's quality claims on 787, 777 jets: The U.S. Federal Aviation Administration (FAA) is investigating a Boeing whistleblower's ...
reut.rs/3VPtap1
Quick Glance: Boeing Whistleblower Warns of 787 Fuselage Failure
- The Federal Aviation Administration is investigating a Boeing engineer’s claims that the company took manufacturing shortcuts on two wide-body jets, with potentially catastrophic outcomes.
- Sam Salehpour went public in a New York Times story, describing how he believes sections of the 787 Dreamliner fuselage are improperly fastened together.
- Salehpour’s allegations are the latest dip in a turbulent period for the airplane manufacturing giant, which has been dealing with other issues including past crashes and quality control problems.
Tesla, Texas Instruments, Enphase Energy, Boeing, Meta Platforms, and More Stock Market Movers
on.barrons.com/3UbGfGQ
Singapore’s Changi is no longer the world’s best airport according to Skytrax: Singapore’s Changi Airport has failed to clinch the title of world’s best airport ...
aerotime.aero/articles/singapores-changi-is-no-longer-the-worlds-best-airport-according-to-skytrax
US Senate committee to hold hearing on Boeing safety culture report: The U.S. Senate Commerce Committee said on Thursday it would hold a hearing next week with ...
reuters.com/business/aerospace-defense/us-senate-committee-hold-hearing-boeing-safety-culture-report-2024-04-12/
Qatar Airways avoids Australian lawsuit over women's invasive examinations: The five Australian women and others were searched in Doha in 2020 after a baby was ...
bbc.com/news/world-australia-68758682
Astronauts arrive to KSC as 1st crew for Boeing’s Starliner spacecraft: Veteran NASA astronauts Butch Wilmore and Suni Williams arrived to Kennedy Space Center ...
orlandosentinel.com/2024/04/25/astronauts-arrive-to-ksc-as-1st-crew-for-boeings-starliner-spacecraft/
Guess what: Boeing can be spelled without G and E: Boeing’s problems are now as big as its 747 jumbo-jet. Years of dubious decisions have eroded much of the ...
reut.rs/3xGMjQd
Opinion | The Boeing Just-So Story: Aviation romantics aren’t helping a troubled company get back on track.
wsj.com/articles/the-boeing-just-so-story-flight-travel-2b239a61
Boeing’s long fall, and how it might recover: The intense backlash against Boeing after the near catastrophe aboard an Alaska Airlines 737 Max in January wasn’t ...
columbian.com/news/2024/apr/14/boeings-long-fall-and-how-it-might-recover/
Qatar crowned ‘World’s Best Airport,’ UAE’s Dubai airport ups position to seventh
english.alarabiya.net/News/world/2024/04/18/qatar-crowned-world-s-best-airport-uae-s-dubai-airport-ups-position-to-seventh
Quick Glance: Challenges faced by Dubai Airport after heavy rainfall
- Dubai International Airport is in disarray following heavy rainfall, resulting in flooded runways.
- Numerous stranded passengers are waiting in terminals due to flight cancellations and delays.
- Emirates and Flydubai are apologizing to affected passengers and working to restore flight operations.
- The United Arab Emirates are dealing with the consequences of extreme rainfall causing traffic disruptions and damages in various cities.
Boeing (BA) Retaliated Against Two Engineers for Raising Concerns, Union Says: A union that represents Boeing Co. employees says the company retaliated against ...
bloomberg.com/news/articles/2024-04-23/boeing-ba-retaliated-against-workers-for-raising-concerns-union-says
Boeing rival Airbus just hired JetBlue's former CEO to run its North American business
qz.com/airbus-robin-hayes-jetblue-boeing-north-american-ceo-1851426790
Boeing executives got twice as much in plane perks as the company said: The plane manufacturer disclosed that its C-suite got more than $500 ...
qz.com/boeing-executives-private-plane-wsj-1851404583
Alaska Airlines briefly grounds all flights due to technical issue: Alaska Airlines briefly grounded all flights Wednesday due to a technical issue ...
apnews.com/article/alaska-airlines-flights-grounded-boeing-94da244ece3c2ceff2a98e8213ef24c4
Boeing wants to have flying cars by 2030: A company executive revealed the plans in a new interview
qz.com/boeing-wisk-autonomous-flying-cars-asia-2030-1851420651
Boeing Engineer Says Company Used Shortcuts to Fix 787 Jets: Complaint to regulators says the company dismissed quality and safety concerns during production of ...
on.wsj.com/3PVyx2u
Stock Market Today: Stocks Run Out of Steam Ahead of Meta Earnings: The Dow Jones Industrial Average snapped a four-day winning streak after Boeing's ...
kiplinger.com/investing/stocks/stock-market-today-stocks-run-out-of-steam-ahead-of-meta-earnings
NTSB conducting new interviews with Boeing on 737 MAX 9 door plug probe: The National Transportation Safety Board is conducting a new round of interviews with ...
reut.rs/3TRrTLO
Quick Glance: NTSB's Investigation Update on Boeing 737 MAX 9 Door Plug Incident
- The National Transportation Safety Board is conducting a new round of interviews with Boeing and the Federal Aviation Administration this week as part of its probe into the in-flight emergency on the Alaska Airlines 737 MAX 9 in January.
- NTSB Chair Jennifer Homendy revealed that investigators were back at the 737 plant in Renton, Washington, this week for more interviews.
- Boeing has declined to comment on the interviews, stating that required documents detailing the removal of the door plug in the Alaska Airlines plane were never created.
- The NTSB plans to hold a public investigative hearing regarding the Alaska Airlines incident in August, which will include testimony from employees at Boeing, fuselage manufacturer Spirit AeroSystems, and others like Alaska Airlines.
Singapore loses 'world’s best airport’ crown: The 12-time winner Singapore is edged out of the top spot by its Middle Eastern rival Qatar in the Skytrax World ...
thestar.com.my/lifestyle/travel/2024/04/18/singapore-loses-039worlds-best-airport-crown
United Airlines Earnings Land Today. Boeing Is Just One Issue the Stock Faces.: United Airlines stock has fallen 14% since the beginning of April ...
barrons.com/articles/united-airlines-earnings-stock-price-3c51ddbd
Paid articlePaid Exclusive: Southwest's expected 2024 Boeing jet deliveries keep shrinking, sources say
reuters.com/business/aerospace-defense/southwests-expected-2024-boeing-jet-deliveries-keep-shrinking-sources-say-2024-04-11/
Spirit Airlines Delays Airbus Deliveries to Boost Liquidity. It Could Help Boeing-Exposed Carriers.
barrons.com/articles/spirit-airlines-airbus-deliveries-boeing-ab4474d8
Paid articlePaid Airbus just confirmed it will leave Boeing in the dust this year: It's not expecting to deal with any of the production slowdowns that have plagued its American ...
qz.com/airbus-boeing-plane-delivery-expectations-1851400965
Boeing says no 787 safety risk after whistleblower raises troubling claims: At its 787 Dreamliner manufacturing complex in South Carolina on Monday ...
seattletimes.com/business/boeing-aerospace/boeing-says-no-787-safety-risk-after-whistleblower-raises-troubling-claims/
UPS requires over 300 pilots after winning US Postal Service contract from FedEx: UPS is looking to hire more than 300 pilots after the company secured a ...
aerotime.aero/articles/ups-pilots-recruit-usps
Chinooks over Duisburg again and again: what's behind it all: The "Koniklijke Luchtmacht" flew over Duisburg several times with the Boeing Chinook CH-47F ...
waz.de/staedte/duisburg/article242056990/Immer-wieder-Chinooks-ueber-Duisburg-Das-steckt-dahinter.html
West Asia crisis: US deploys ‘CHAMP’ missile that can FRY Iranian nuclear equipment
wionews.com/world/west-asia-crisis-us-deploys-champ-missile-that-can-fry-iranian-nuclear-equipment-713342
GE Aerospace Stock Rises. It’s Getting Some Tailwind From Boeing’s 737 MAX Problems.
barrons.com/articles/ge-aerospace-stock-boeing-737-e832292d
Paid articlePaid
'Seattle Times' Finally Admits Mudede Was Right About Boeing's Downfall: Why was Charles so right about this bad business in the first place?
thestranger.com/transportation/2024/04/09/79460588/seattle-times-admits-mudede-was-right-about-boeings-downfall
Boeing MAX Deliveries Fell by More Than Half in March. Expect Earnings to Disappoint.
barrons.com/articles/boeing-stock-jet-deliveries-1296ccc5
Paid articlePaid
Boeing Adds Safety Goals for CEO After Record 2023 Pay: The chief executive, who is stepping down at the end of the year, made $32.8 million, up from $22 ...
barrons.com/articles/boeing-ceo-pay-raise-2023-safety-target-b4948772
Paid articlePaid Boeing Finds Executives Got an Extra $500,000 in Perks From Private Jets: A Boeing review found that Chief Executive David Calhoun and other top executives took ...
on.wsj.com/4cSjXT2
Ryanair Says Boeing Taking Steps to Accelerate Jet Deliveries: Ryanair Holdings Plc said Boeing Co. has taken steps to accelerate delivery of some 737 Max jets ...
bloomberg.com/news/articles/2024-04-17/ryanair-says-boeing-taking-steps-to-accelerate-jet-deliveries
Paid articlePaid Stock Markets Today: US inflation, Thames Water, Boeing latest: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-04-10/stock-markets-today-us-inflation-thames-water-boeing-latest
5 things to know for April 17: Trump trial, Middle East, Boeing, Immigration, Dubai flooding
cnn.com/2024/04/17/us/5-things-to-know-for-april-17-trump-trial-middle-east-boeing-immigration-dubai-flooding/
How To Redeem Qatar Airways Avios For Best Value: Here's everything you need to know about redeeming Qatar Airways Privilege Club Avios ...
onemileatatime.com/guides/redeem-qatar-airways-avios/
When should I retire? It may be much later in life than you think.: Forward-looking companies like Microsoft and Boeing are already gearing up to take full ...
usatoday.com/story/opinion/2024/04/12/retirement-older-workers-employees-value-jobs/73286359007/
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