(CercleFinance.com) – The New York Stock Exchange showed heaviness on Friday, the fall of Boeing dragging the Dow Jones down while the Nasdaq suffered profit taking after its recent rebound. As midday approaches, the Dow Jones dropped nearly 0.7% to 33,800.2 points and the Nasdaq Composite fell 0.6% to 12,094.4 points. Boeing weighs heavily on…
Wall Street gives up profits Interest rate worries are back 04/14/2023 10:46 p.m Wall Street’s hopes of an imminent interest rate freeze have quickly evaporated. Hints from the Fed that monetary policy needs to be tightened further spoil investors’ mood. US banks are coming up with surprisingly strong numbers. At the end of the week,…
By Jean-Baptiste André Published on 04/12/2023 at 09:03 Photo credit © Boeing (Boursier.com) — Boeing dethrones Airbus ! For the first time since mid-2018, the American group has delivered more commercial aircraft than the Toulouse firm in a quarter. Over the first three…
“No acute safety risk” Boeing again reports problems with 737 Max fleet 04/14/2023, 07:30 am It is not the first time that Boeing’s medium-haul jet 737 Max has been noticed as a crisis aircraft. In 2018 and 2019, it temporarily dominated the headlines when two machines crashed due to technical defects. Now the US aviation…
The Federal Aviation Administration (FAA) has just given Boeing the green light again for deliveries of the Boeing 787. But now there are problems again. Leaking faucets are a concern for the FAA. These could endanger flight safety. Previously, she had requested that a component of the fuselage be checked and adjusted again. But there…
Security clearances had apparently expired for 250 employees who work on the US presidential jets. The Pentagon is now reviewing the case. Air Force One and Boeing – this is currently not a really unencumbered relationship. The aircraft manufacturer has already had to make high write-downs on the program for the new US presidential jets….
(AOF) – Boeing said it has signed a contract worth $1.9 billion with the U.S. military and international customers, including Australia, to build 184 AH-64E Apache helicopters. American will receive 115 reconditioned Apaches, and 15 additional Apaches will be purchased as options, which will provide significant savings to taxpayers. The additional 54 aircraft will be…
(CercleFinance.com) – Boeing is the latest defense and aerospace company to join the H175M Task Force tasked with meeting the UK’s need for new medium helicopters. If the super-medium class Airbus H175M, which will be built in Broughton, Wales, is selected to replace the Airbus Puma HC2, Boeing Defense UK will train crews, ground staff…
(AOF) – The board of directors of Boeing has proposed the candidacy of Sabrina Soussan for the election of a new director at the next annual meeting of shareholders of the company. Aged 53, she currently holds the position of Chairman and Chief Executive Officer of Suez. Subject to her election at the company’s annual…
(AOF) – Luxair and Boeing announce today that the Luxembourg company has chosen the 737-8, a fuel-efficient aircraft, to develop its fleet of single-aisle aircraft, with an agreement for the acquisition of four aircraft. Luxair will initially lease two 737-8s scheduled for delivery in the summer, allowing it to offer its customers increased capacity and…
By Jean-Baptiste André Published on 02/24/2023 at 1:45 p.m. Photo credit © Air Canada (Boursier.com) — Boeing fell back in pre-session on Wall Street, penalized by the announcement of the cessation of deliveries of Dreamliner due to a documentation problem linked to…
The private plane, which costs more than 400 million dollars, only made test flights and that of its delivery. Its owner has never been in it. It’s an amazing story, told by CNN. A Boeing 747-8 in VIP private jet configuration, estimated at more than $400 million, has been sleeping since April 2022 at the…
