Latest Boeing Co News

FILE - In this Sept. 9, 2019, file photo Southwest pilots prepare for a flight at Tampa International Airport in Tampa, Fla. Southwest Airlines Co. reports financial results Thursday, Jan. 23, 2020. (AP Photo/Mike Stewart, File)

Grounded Boeing jet holds back profits, growth at airlines

Jan. 23, 2020 4:00 PM EST

DALLAS (AP) — The three big U.S. airlines that own Boeing 737 Max jets don’t expect the grounded plane back in their fleets until after the the peak summer travel season, and that promises to lead to thousands more canceled flights and higher costs well into another year. On Thursday, American...

ARCHIVO - En imagen de archivo del 3 de octubre de 2019, los fuselajes del Boeing 737 MAX, fabricados por Spirit Aerosystems en Wichita, Kansas, se encuentran cubiertos pr lonas cerca de la fábrica. (Travis Heying/The Wichita Eagle vía AP, archivo)

Fallout from Boeing 737 MAX spreads in Kansas, Oklahoma

Jan. 23, 2020 3:00 PM EST

WICHITA, Kan. (AP) — Layoffs at Spirit AeroSystems spread Thursday to the airplane parts-maker's plants in Oklahoma amid the widening fallout in its home state of Kansas caused by the halt in production of the troubled Boeing 737 MAX. Spirit filed notice with the state of Oklahoma warning that it planned...

FILE - In this Jan. 26, 2011 file photo, Nielsen Company CEO David Calhoun, center, watches progress as he waits for the company's IPO to begin trading, on the floor of the New York Stock Exchange. Calhoun, Boeing's new CEO, said Wednesday, Jan. 22, 2020, that production of the 737 Max will resume this spring, months before the company expects federal regulators to certify the grounded plane to fly again. (AP Photo/Richard Drew, File)

Boeing's new CEO sees 737 Max production resuming in spring

Jan. 22, 2020 4:56 PM EST

Boeing's new CEO said Wednesday that production of the 737 Max will resume this spring, months before the company expects federal regulators to certify the grounded plane to fly again. David Calhoun also said he believes passengers will fly on the Max when federal regulators say it is safe and they see airline...

Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Jan. 22, 2020. Shares advanced in early Asian trading after a slide in U.S. stocks Tuesday as a virus outbreak in China rattled global markets. (AP Photo/Ahn Young-joon)

Stocks mostly recover on hope for handling of Chinese virus

Jan. 22, 2020 10:57 AM EST

BANGKOK (AP) — World share prices mostly rose Wednesday as confidence increased in China's handling of an outbreak of a new virus that has infected more than 500 people, with 17 confirmed deaths. The CAC 40 in Paris was up 0.1% at 6,053, while Germany's DAX picked up 0.2% to 13,583. Britain's FTSE 100...

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Jan. 22, 2020. Shares advanced in early Asian trading after a slide in U.S. stocks Tuesday as a virus outbreak in China rattled global markets. (AP Photo/Ahn Young-joon)

Asian shares higher after selloffs spurred by Chinese virus

Jan. 21, 2020 11:08 PM EST

Shares mostly rose in early Asian trading on Wednesday after a slide in U.S. stocks overnight as a virus outbreak in China rattled global markets. Japan's Nikkei 225 index climbed 0.6% to 24,013.15 and the Kospi in South Korea surged 0.8% to 2,256.95. In Hong Kong, the Hang Seng jumped 0.8% to 28,216.78. The...

FILE - In this Dec. 25, 2019, file photo workers load baggage into a United Airlines plane at San Francisco International Airport in San Francisco. United Airlines reports financial results Tuesday, Jan. 21, 2020. (AP Photo/Jeff Chiu, File)

United Airlines boosts profit on more revenue, cheaper fuel

Jan. 21, 2020 6:33 PM EST

United Airlines reported Tuesday that higher revenue and cheaper fuel helped boost its fourth-quarter profit by nearly 40%, to $641 million. The airline's forecast of first-quarter earnings easily beat Wall Street expectations. It is not all clear sailing for United, however. The financial report came the same...

President Donald Trump delivers the opening remarks at the World Economic Forum, Tuesday, Jan. 21, 2020, in Davos. (AP Photo/ Evan Vucci)

Trump in Davos: Talking up economy, brushing off impeachment

Jan. 21, 2020 5:38 PM EST

DAVOS, Switzerland (AP) — President Donald Trump looked past the impeachment drama unfolding in Washington on Tuesday, turning his speech at an economic forum in the Swiss Alps into an unabashed sales pitch for the “blue-collar boom” in the U.S. economy that he says took place on his watch....

FILE - In this Dec. 16, 2019, file photo a worker looks up underneath a Boeing 737 MAX jet in Renton, Wash. Boeing doesn't expect federal regulators to approve its changes to the grounded 737 Max until this summer, according to two people familiar with the matter. (AP Photo/Elaine Thompson, File)

Boeing doesn't expect Max jet to be cleared until summer

Jan. 21, 2020 4:20 PM EST

Boeing said Tuesday that it doesn't expect federal regulators to approve its changes to the grounded 737 Max until this summer, several months longer than the company was saying just a few weeks ago. That timetable — the latest of several delays in the plane's approval process — will create more...

President Donald Trump returns to the White House in Washington, Sunday, Jan. 19, 2020, from a campaign trip to Austin, Texas. (AP Photo/Manuel Balce Ceneta)

Trump heading to Switzerland as impeachment trial reconvenes

Jan. 20, 2020 5:31 PM EST

WASHINGTON (AP) — When President Donald Trump’s historic impeachment trial is called to order in the Senate this week, he won’t be watching from inside the chamber or on television from the White House. He'll be thousands of miles away at the Davos economic forum in the Swiss Alps, trying to...

This Week: Netflix earns, US home sales, Southwest earns

Jan. 20, 2020 1:11 AM EST

A look at some of the key business events and economic indicators upcoming this week: STREAMING WARS Netflix serves up its fourth-quarter results Tuesday. Financial analysts forecast the video streaming pioneer will report that its earnings and revenue increased in the final quarter of 2019. Investors will be...