Latest Boeing Co News

Man who lost family in Ethiopia crash seeks safety upgrades

Jul. 17, 2019 11:11 AM EDT

WASHINGTON (AP) — A man whose family was killed in the crash of a Boeing 737 Max jet in Ethiopia accused the company of wrongful conduct and told a U.S. House subcommittee that the process to approve aircraft must be strengthened. Paul Njoroge (Nih-JOR-Gay) says Wednesday that Boeing was left to police...

Despite grounding of Boeing plane, United 2Q profit rises

Jul. 16, 2019 6:51 PM EDT

United Airlines glided through the first part of summer, as strong travel demand pushed average fares higher, but the grounding of Boeing 737 Max jets will become a bigger challenge in the months ahead. United said Tuesday that its second-quarter profit soared 54%, to $1.05 billion. The results beat expectations,...

6 minutes: Man haunted by family's final moments on 737 Max

Jul. 16, 2019 1:54 PM EDT

When Paul Njoroge gets on an airplane, he becomes fixated on the first few minutes after takeoff. "I have to look at my watch and see when I reach the 6-minute mark," Njoroge says. That is the length of time that a Boeing 737 Max carrying his wife, three young children and mother-in-law was airborne before...

Asian shares mixed in lackluster trading, Nikkei falls 0.6%

Jul. 16, 2019 12:00 AM EDT

TOKYO (AP) — Asian shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors looked ahead to earnings season. Japan's benchmark Nikkei 225 lost 0.6% in early trading to 21,549.68. Australia's S&P/ASX 200 edged 0.1% higher to 6,657.20. South...

Circor and Callon fall while Galapagos, Omnicell rise

Jul. 15, 2019 4:34 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday: Galapagos NV, up $25.01 to $170.76 Drug developer Gilead Sciences is investing $5 billion in the biotechnology company. Callon Petroleum Co., down $1.02 to $5.38 The oil and gas company is buying Carrizo Oil & Gas for $3.2...

Stocks edge lower as bank losses offset technology gains

Jul. 15, 2019 10:22 AM EDT

NEW YORK (AP) — Stocks edged lower in early trading Monday on Wall Street as a decline in banks offset solid gains in technology companies. The losses follow record high finishes for every major stock index last week. The S&P 500 index also pushed above 3,000 for the first time. Citi led banks lower,...

American Airlines extends Boeing plane flight cancellations

Jul. 14, 2019 4:30 PM EDT

WASHINGTON (AP) — American Airlines said Sunday that it will keep the Boeing 737 Max plane off its schedule until Nov. 3, which is two months longer than it had planned. In a statement, American said the action will result in the cancellation of about 115 flights per day. It said it "remains confident"...

United will scrap 8,000 flights due to grounded Boeing jets

Jul. 12, 2019 2:14 PM EDT

CHICAGO (AP) — United Airlines expects to cancel more than 8,000 flights through October because of the grounding of its Boeing 737 Max planes. United said Friday that it is dropping its 14 Max jets from the schedule until Nov. 3 — a month longer than previously planned. The airline has used spare...

Boeing changes executive in charge of the 737 Max factory

Jul. 11, 2019 7:27 PM EDT

CHICAGO (AP) — The executive who manages the Boeing 737 Max program and the Seattle-area factory where the now-grounded plane is built is retiring. The manager, Eric Lindblad, said he planned to retire last summer, and a Boeing spokesman said Thursday that Lindblad's decision was unrelated to two deadly...

Travel demand pushes ticket prices, profits, higher at Delta

Jul. 11, 2019 6:25 PM EDT

DALLAS (AP) — Delta Air Lines is benefiting from strong demand for air travel this summer and the grounding of Boeing Max planes at key rivals to post record revenue and a bigger profit. The airline is aggressively adding flights and seats, but it is finding more than enough passengers to fill them,...