UPS, Boeing
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Boeing (BA) had flagged past failures of a structural component later found cracked on the cargo jet involved in November’s fatal United Parcel Service (UPS) crash, according to a mid-investigation update from U.
Boeing has reached tentative settlements with a Canadian man who lost six relatives in the 2019 crash of an Ethiopian Air 737 MAX jet shortly after takeoff.
At first look, Boeing's valuation seems reasonable. With a price-to-sales ratio of 2.3, compared to 3.3 for the S&P 500, one might conclude that the stock offers good value. After all, you’re spending less per dollar of sales than the broader market average.
Boeing (BA) on Tuesday said Delta Air Lines (DAL) placed its first direct order for its 787 Dreamliner aircraft, as the U.S. carrier moves to update its long-haul fleet and support international operations.
The National Transportation Safety Board said on Wednesday that a key part of a UPS UPS.NMD-11 cargo jet that crashed in November in Kentucky, killing 15 people, that was found to have cracks was the subject of a 2011 Boeing service letter.
Deliveries of the 787 are slated to begin in 2031. With the new Boeing commitments, Delta has 232 narrowbody and 54 widebody aircraft on order for delivery in coming years. Besides the 30 firm 787-10 deliveries, Delta has options for 30 more. The aircraft has 25% better fuel efficiency per seat than the aircraft they will replace, Delta said.
Captain Brandon Fisher, the pilot who safely landed an Alaska Airlines Boeing 737 Max 9 after a door plug blew out mid-flight in January 2024, has filed a $10 million lawsuit against Boeing.
Boeing’s stock gets a lift after it received orders for up to 60 more planes, a week after it received orders for up to 145 planes.