Boeing has released a quarterly earnings report that shows revenue and profit taking a hit from the grounding of its 737 MAX planes. Profits fell 13% compared to the same quarter a year ago. Overall.. NPR - Published
Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and said lowered production due to the grounding of its fastest-selling 737 MAX jet after two fatal plane crashes in.. Reuters - Published Also reported by •Reuters India
Boeing on Wednesday abandoned its 2019 financial outlook, halted share buybacks and announced $1 billion in increased costs due to the grounding of its fastest-selling 737 MAX jet after two fatal plane..
Credit: Reuters - Business (Amazon FireT Duration: 01:26Published
In its first quarter earnings report, Boeing announced that it will pause share buybacks and is withdrawing its full-year 2019 financial forecast due to issues surrounding its 737 Max aircraft. Shares..
American Airlines pilots will test Boeing's 737 MAX software fix on simulators this weekend. According to Reuters, this is a key step in restoring confidence in the jet after two fatal crashes. In the..
Reuters reports the U.S. Federal Aviation Administration said Friday that a joint governmental review of the Boeing 737 MAX will begin on April 29. The review will be conducted in collaboration with 9..
Join Seattle Times aerospace reporter Dominic Gates for an Ask Me Anything (AMA) conversation on Reddit. The Q&A thread will go live at 9:30 a.m. Pacific time on Thursday. Gates will join at 10 a.m. to.. Seattle Times - Published
A closer look at the day's most notable stories with The National's Jonathon Gatehouse: Air pollution, already one of the world's biggest killers, is getting worse; Boeing faces a major image problem.. CBC.ca - Published
· *Boeing CEO Dennis Muilenburg vowed that the 737 Max will be "one of the safest planes to ever fly" once the grounded airliner returns to service.*
· *"We're very confident that when the fleet.. Business Insider - Published
· *Anadarko Petroleum shares surged 12% on Wednesday after Occidental Petroleum made a bid for the petroleum company.*
· *The $38 billion offer tops Chevron's $33 billion bid for Anadarko made.. Business Insider - Published
LOS ANGELES, April 24, 2019 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against The Boeing Company.. GlobeNewswire - Published
The aircraft manufacturer said its profits fell 13 percent in the first quarter as it works through "this challenging time." Boeing said the 737 Max crisis has cost the company $1 billion so far. NPR - Published Also reported by •The News Articles
NEW YORK (AP) — U.S. stocks followed a record-setting day with more subdued trading Wednesday as investors continue digesting a steady flow of corporate earnings and a potential break in the trade.. SeattlePI.com - Published
Author: Reuters ID: 1556106236621745900 Wed, 2019-04-24 11:39 Boeing missed sharply-lowered Wall Street estimates for revenue and cashflow in the first quarter and suspended its 2019 outlook, as the.. WorldNews - Published Also reported by •Premium Times Nigeria •Reuters India •Reuters •RTE.ie
Boeing is pulling its 2019 forecast over 737 Max uncertainty and says it’s postponing its inventory buybacks. The aerospace large additionally equipped first quarter effects on Wednesday that.. The News Articles - Published
The worldwide grounding of Boeing’s 737 Max jets will value the corporate greater than $1bn, the corporate mentioned on Wednesday. The jets had been grounded after two deadly crashes that killed 346.. The News Articles - Published
Boeing Co (NYSE:BA) has scrapped its outlook for 2019 after the grounding of its 737 MAX range of aircraft in March sent costs soaring. The aircraft maker reported a 21% drop in earnings in its results.. Proactive Investors - Published
Watch VideoIf Boeing's response to its 737 MAX groundings was damage control, now it's on full defense, refuting a report in The New York Times that says the culture at its South Carolina.. Newsy - Published
· *The Airbus A380 is the largest airliner in the world with a capacity for more than 800 passengers. At $445.6 million, the double-decker is also the world's most expensive passenger jet. *
·.. Business Insider - Published
The troubles with the 737 MAX hit Boeing's bottom line. Another deadline extension for a Wichita hotel. A Wichita radio station group has a new general manager. Those are several of the headlines.. bizjournals - Published
The worldwide grounding of the 737 MAX quickly rippled through Boeing's finances, depleting its cash reserve by nearly $1 billion in just the first three weeks, according to the company's first-quarter.. Seattle Times - Published