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Boeing Co (BA.N)

BA.N on New York Stock Exchange

354.90USD
24 May 2019
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Latest Key Developments (Source: Significant Developments)

Boeing Faces SEC Probe Into Disclosures About 737 Max Troubles - Bloomberg
Friday, 24 May 2019 12:17pm EDT 

May 24 (Reuters) - :BOEING FACES SEC PROBE INTO DISCLOSURES ABOUT 737 MAX TROUBLES - BLOOMBERG.  Full Article

Boeing Says Once It Has Addressed Information Requests From FAA, Will Be Ready To Schedule Certification Test Flight And Submit Final Certification Documentation
Thursday, 23 May 2019 08:49pm EDT 

May 23 (Reuters) - Boeing Co ::BOEING - ONCE CO HAS ADDRESSED INFORMATION REQUESTS FROM FAA, WILL BE READY TO SCHEDULE CERTIFICATION TEST FLIGHT AND SUBMIT FINAL CERTIFICATION DOCUMENTATION.  Full Article

SNPL/ECA bodies criticise plans for return to service of Boeing's MAX
Thursday, 23 May 2019 12:00pm EDT 

May 23 (Reuters) - SNPL/ECA/Boeing ::* Regulators from across the globe are meeting today in Texas (USA), to discuss a possible return to service of the grounded Boeing 737 MAX. The FAA is currently reviewing Boeing’s proposed ‘software fix’ and is already looking ahead at taking the plane back to the sky..* For European pilots, having closely followed the developments and revelations in the past months, it is deeply disturbing that both the FAA and Boeing are considering a return to service, but failing to discuss the many challenging questions prompted by the MAX design philosophy.  Full Article

FAA and Boeing brief UN aviation agency on 737 MAX
Thursday, 23 May 2019 11:52am EDT 

Adds details about briefing:.  Full Article

Shandong Airlines Requests Compensation From Boeing For 737 Max Grounding- Xinhua
Thursday, 23 May 2019 04:58am EDT 

May 23 (Reuters) - :SHANDONG AIRLINES REQUESTS COMPENSATION FROM BOEING FOR 737 MAX GROUNDING- XINHUA.  Full Article

Heroux-Devte Gets Landing Gear Supply Agreement For Boeing's F/A-18 Program
Tuesday, 21 May 2019 07:45am EDT 

May 21 (Reuters) - Heroux Devtek Inc ::HEROUX-DEVTEK FIRMS UP LANDING GEAR SUPPLY AGREEMENT FOR BOEING'S F/A-18 PROGRAM AND EXPANDS SCOPE TO BOEING'S ADVANCED F-15 PROGRAM, SPARE PARTS AND SERVICES.HEROUX DEVTEK - EXTENDED SCOPE WILL ALSO INCLUDE SUPPLY OF SPARE PARTS, AFTERMARKET SERVICES FOR BOTH DEFENSE AIRCRAFT PROGRAMS.HEROUX DEVTEK INC - DEAL FOR SUPPLY OF SPARE PARTS AND AFTERMARKET SERVICES FOR DEFENSE AIRCRAFT PROGRAMS COVERS A PERIOD OF PERFORMANCE OF FIVE YEARS.  Full Article

Airbus says aviation industry not at end of cycle
Tuesday, 21 May 2019 05:13am EDT 

May 21 (Reuters) - Airbus ::PROGRAMMES CHIEF, ASKED ABOUT PROPOSED NEW A321XLR JET, SAYS WHENEVER AIRLINES ASK FOR MORE RANGE WE INVESTIGATE AND THIS IS THE PHASE WE ARE IN.PROGRAMMES CHIEF SAYS ALREADY WORKING ON NEXT SINGLE-AISLE PROGRAMME.PROGRAMMES CHIEF SAYS WILL BE READY FOR NEXT SINGLE-AISLE PROGRAMME WHEN THERE IS A NEED FOR IT.SALES CHIEF SAYS PRODUCT STRATEGY NOT INFLUENCED BY CURRENT BOEING SITUATION.SALES CHIEF SAYS A350 PRODUCTION OF 10/MONTH IS APPROPRIATE FOR FORESEEABLE FUTURE.SALES CHIEF SAYS BOEING 737 MAX CRISIS HAS HAD NO IMPACT ON AIRCRAFT DEMAND, AIRBUS HAS NOT CHANGED COMMERCIAL STANCE.SALES CHIEF SEES NO IMMEDIATE NEED TO INCREASE SIZE OF A350 BUT HAS ABILITY TO GROW CAPACITY AND RANGE IN FUTURE.SALES CHIEF SAYS DOES NOT WANT TO FLOOD THE MARKET WITH SINGLE-AISLE JETS.SALES CHIEF SAYS AIRCRAFT SALES CONSTRAINED BY PRODUCTION CAPACITY.SALES CHIEF SAYS INCREASED TAKE-OFF WEIGHT ON A220 JET ADDS 450 MILES RANGE.SALES CHIEF SAYS FOCUS IS ON MANAGING ORDER BOOK AFTER SEVERAL YEARS OF BOOK-TO-BILL RATIO ABOVE 1.SALES CHIEF SAYS DOES NOT BELIEVE AVIATION INDUSTRY IS AT THE END OF ITS CYCLE.  Full Article

Temasek Holdings (Private) Ltd Dissolves Share Stake In Boeing
Wednesday, 15 May 2019 06:48am EDT 

May 15 (Reuters) - TEMASEK HOLDINGS (PRIVATE) LTD ::TEMASEK HOLDINGS (PRIVATE) LTD DISSOLVES SHARE STAKE IN BOEING - SEC FILING.TEMASEK HOLDINGS (PRIVATE) LTD - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2019 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DECEMBER 31, 2018.  Full Article

Embraer Reports Q1 Loss Per ADS of $0.23
Wednesday, 15 May 2019 06:00am EDT 

May 15 (Reuters) - Embraer SA ::EMBRAER EARNINGS RESULTS 1ST QUARTER 2019.EMBRAER SA - EMBRAER DELIVERED 11 COMMERCIAL JETS AND 11 EXECUTIVE JETS (8 LIGHT / 3 LARGE) IN 1Q19.EMBRAER SA - QTRLY ADJUSTED LOSS PER ADS OF US$0.34.EMBRAER SA - 1Q19 LOSS PER ADS WERE US$ 0.23.EMBRAER SA - COMPANY REAFFIRMS ALL ASPECTS OF ITS 2019 FINANCIAL AND DELIVERIES GUIDANCE.EMBRAER - CLOSE OF DEAL BETWEEN BOEING & CO REMAINS SUBJECT TO REGULATORY APPROVALS & OTHER CUSTOMARY CLOSING CONDITIONS, EXPECTED BY END OF 2019.EMBRAER SA - QTRLY IFRS REVENUE $823.3 MILLION VERSUS $960.3 MILLION.  Full Article

TUI CEO Says Talking To Boeing About Compensation For 737 MAX Grounding
Tuesday, 14 May 2019 03:30pm EDT 

May 15 (Reuters) - Tui TUIT.L::TUIGN.DE CEO SAYS WE ARE TALKING TO BOEING ABOUT COMPENSATION FOR 737 MAX GROUNDING, DETAILS ARE PRIVATE.TUIGN.DE CEO SAYS WE WON'T TAKE ORDERS OF 737 MAX PLANES UNTIL THERE IS CLARITY, CANCELLATION OF ORDER IS A SEPARATE ISSUE TO BE CONSIDERED IN DUE COURSE.TUIGN.DE CEO SAYS WE ARE AN ACTIVE OBSERVER IN INDUSTRY CONSOLIDATION BUT NOT LOOKING FOR BIG-SCALE MOVES.TUIGN.DE CEO SAYS ASSUMES THAT NORMAL MODUS OPERANDI WILL RESUME WHEN 737 MAX GROUNDING ENDS.TUIGN.DE CEO SAYS ON AVERAGE AROUND 60% SOLD FOR THE SUMMER, SLIGHTLY BELOW LAST YEAR.  Full Article

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U.S. regulator sees approval of Boeing 737 MAX to fly as soon as late June: sources

MONTREAL/FORT WORTH, Texas The Federal Aviation Administration (FAA) expects to approve Boeing Co's 737 MAX jet to return to service as soon as late June, representatives of the U.S. air regulator informed members of the United Nations' aviation agency in a private briefing on Thursday, sources told Reuters. | Video