Latest Aircraft manufacturing News

Boeing sees uptick in airplane orders as travel picks up

Apr. 13, 2021 17:57 PM EDT

Boeing orders picked up in March, fueled by a major deal with Southwest Airlines that helped to offset another round of cancellations for its 737 Max airliner. Boeing said Tuesday that it received 196 orders in March, including the previously announced 100 from Southwest,...

Levi Strauss, fuboTV rise; WD-40, PriceSmart fall

Apr. 09, 2021 16:50 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Levi Strauss & Co., up 65 cents to $25.67. The jeans maker beat Wall Street's fiscal first-quarter profit and revenue forecasts. WD-40 Co.,...

Airlines pull Boeing Max jets to inspect electrical systems

Apr. 09, 2021 14:26 PM EDT

Airlines pulled dozens of Boeing Max 737s out of service for inspections after the aircraft maker told them about a possible electrical problem, the latest setback for the plane. Boeing said Friday that the issue affected planes used by 16 airlines. The company did not...

Boeing sues subcontractor over work on Air Force One planes

Apr. 09, 2021 12:52 PM EDT

FORT WORTH, Texas (AP) — Boeing is suing a subcontractor it hired for work on new Air Force One planes used to carry the president, saying the company ran into financial problems and missed deadlines. The aircraft maker said the subcontractor's problems have caused...

Wichita aerospace supply company files for bankruptcy

Apr. 07, 2021 19:20 PM EDT

WICHITA, Kan. (AP) — A Wichita aerospace supply company has filed for Chapter 11 bankruptcy protection following losses it blamed on the COVID-19 pandemic and suspension of Boeing’s 737 Max plane. TECT Aerospace filed for the protection on Tuesday, which also covers...

Credit Suisse, People's Bancorp fall; Boeing, Bluebird rise

Mar. 29, 2021 16:50 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Boeing Co., up $5.65 to $250.52. Southwest Airlines ordered 100 of the airplane maker's 737 MAX aircraft. Credit Suisse Group AG, down $1.48 to...

Debate erupts over road across Mount St. Helens blast zone

Mar. 29, 2021 12:38 PM EDT

ST. HELENS, Wash. (AP) — Conservation groups and scientists are challenging a federal decision to build a road through the Mount St. Helens blast zone, saying it would damage more than two dozen decades worth of irreplaceable research plots. Since the 1980 eruption,...

German government buys stake in defense supplier Hensoldt

Mar. 29, 2021 07:22 AM EDT

BERLIN (AP) — The German government is buying a minority stake in defense supplier Hensoldt — a company that derives from European aircraft manufacturer Airbus' former defense and security electronics division — for security reasons. The state-owned KfW development...

US, Turkey remain divided over purchase of Russia's S-400s

Mar. 24, 2021 12:38 PM EDT

ANKARA, Turkey (AP) — Top U.S. and Turkish diplomats failed on Wednesday to overcome sharp differences over Turkey’s purchase of an advanced Russian air defense system, which Washington sees as a security threat. Turkish Foreign Minister Mevlut Cavusoglu told Turkish...

Families of Boeing crash victims renew push for FAA changes

Mar. 10, 2021 10:20 AM EST

Relatives of some of the passengers who died in the crash of an Ethiopian Airlines plane will mark Wednesday's two-year anniversary of the disaster by seeking the improbable: A reversal of government orders that let Boeing 737 Max jets fly again. They say they will also...