Boeing: memorandum of understanding with ST Engineering

(CercleFinance.com) – Boeing announces the signing of a memorandum of understanding (MoU) with ST Engineering, a Singaporean engineering company active in aeronautics, electronics and defence, to define potential areas of collaboration in systems integration, training, local parts distribution, support and sustainability work for the P-8A Poseidon. In particular, the partners intend to jointly develop a…

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Ryanair orders 300 Boeing 737 Max 10s

On a Ryanair flight from Madrid to Bergamo in 2018. STEFANO RELLANDINI / REUTERS The Irish company Ryanair placed a firm order for 150 medium-haul 737 Max, Boeing’s flagship aircraft, on Tuesday May 9, and put an option for 150 additional aircraft. The order is valued at 40 billion dollars (36 billion euros) at list…

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Wall Street: Session penalized by Boeing

(CercleFinance.com) – Wall Street showed heaviness on Friday, concerns for Boeing having prevailed over a first salvo of rather good quarterly reports: the Dow Jones dropped 0.4% to 33,886 points and the Nasdaq Composite fell more than 0.3% to 12123 points. Boeing weighed heavily on the Dow Jones, losing 5.6%, following the aircraft manufacturer’s announcement…

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