Latest Boeing Co News

Kroger, Okta rise; Dollar General, Apple fall

Dec. 02, 2021 16:50 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Synopsys Inc., up $14.92 to $349.67. The maker of software used to test and develop chips gave investors an encouraging profit forecast. ...

China clears Boeing 737 Max to fly again

Dec. 02, 2021 16:02 PM EST

BEIJING (AP) — China’s aviation regulator cleared the Boeing 737 Max on Thursday to return to flying with technical upgrades more than two years after the plane was grounded worldwide following two fatal crashes. China is the last major market where the Boeing 737 Max...

Canada excludes Boeing from fighter jet competition

Dec. 01, 2021 18:11 PM EST

OTTAWA, Ontario (AP) — Canada has officially narrowed its decade-long hunt for a new fighter jet to two choices as the federal government confirmed U.S. aerospace giant Boeing’s Super Hornet is out of the running to replace the military’s aging CF-18s. The...

Akasa Air buys engines worth $4.5 billion for new 737 Maxs

Nov. 17, 2021 08:10 AM EST

DUBAI, United Arab Emirates (AP) — India's startup Akasa Air announced on Wednesday it had chosen CFM International's LEAP-1B turbofan engines to power its newly bought Boeing 737 Max jets, a deal valued at some $4.5 billion. The companies struck the agreement, which...

Emirates says IPO a possibility for famed long-haul carrier

Nov. 16, 2021 22:26 PM EST

DUBAI, United Arab Emirates (AP) — The president of long-haul carrier Emirates said Tuesday that an initial public offering of stock in the Dubai-based airline could happen as the city-state tries to boost its local financial market, while promising that its fleet of iconic double-decker...

Airbus strikes 2nd major aircraft deal of Dubai Air Show

Nov. 15, 2021 09:27 AM EST

DUBAI, United Arab Emirates (AP) — Airbus clinched a major deal on Monday valued into the billions of dollars to sell 111 new aircraft to the Air Lease Corporation, its second blockbuster order at the Dubai Air Show. Air Lease, the Los Angeles-based jet financing and...

Dubai Air Show opens to industry on the mend amid COVID-19

Nov. 14, 2021 11:32 AM EST

DUBAI, United Arab Emirates (AP) — Dubai's biennial Air Show opened Sunday to a world still reeling from the pandemic and an aviation industry hard-hit by the coronavirus, but on the mend. Boeing and Airbus have traditionally been the stars of the aviation trade show,...

Boeing agrees to settle with Ethiopia 737 Max crash victims

Nov. 10, 2021 19:22 PM EST

NEW YORK (AP) — Boeing has reached an agreement with the families of the victims of a March 2019 crash in Ethiopia of one of its 737-Max aircraft that claimed 157 lives. In the agreement, Boeing accepted responsibility for Ethiopian Airways flight 302 losing control...

Boeing settles with funds that sued after 737 Max crashes

Nov. 05, 2021 19:32 PM EDT

NEW YORK (AP) — Insurers for several current and former Boeing board members will pay more than $230 million to settle a lawsuit that accused the directors of failing to address safety warning signs before two of the company’s Max jetliners crashed. Boeing and the...

No arm-twisting: Kerry says corporates back plan to cut CO2

Nov. 04, 2021 22:55 PM EDT

GENEVA (AP) — A new project trumpeted by U.S. President Joe Biden in which companies underpin development of low-carbon technologies through their buying power amounts to a “big transformation,” U.S. climate envoy John Kerry said Thursday. The “ First Movers...