Latest Boeing Co News

A Southwest Airlines Boeing 737-7H4 takes off, Tuesday, Oct. 20, 2020, from Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Fla.  Airlines are continuing to pile up billions of dollars in losses as the pandemic causes a massive drop in air travel. Southwest Airlines on Thursday, Oct. 22, lost $1.16 billion in the normally strong third quarter, which includes most of the summer vacation season.(AP Photo/Wilfredo Lee)

US airlines still piling up losses but say demand is rising

Oct. 22, 2020 4:08 PM EDT

DALLAS (AP) — Airlines are piling up billions of dollars in additional losses as the pandemic chokes off air travel, but a recent uptick in passengers, however modest, has provided some hope. American Airlines on Thursday reported a loss of $2.4 billion and Southwest Airlines lost $1.16 billion in the...

Navistar, Bank of New York Mellon rise; Schlumberger falls

Oct. 16, 2020 4:22 PM EDT

Stocks that moved heavily or traded substantially Friday: Pfizer Inc., up $1.40 to $37.95. The drugmaker's CEO said it can't request emergency authorization of its COVID-19 vaccine before the third week of November. Boeing Co., up $3.11 to $167.35. Europe’s aviation regulator is nearing a decision to...

FILE - Traffic passes in view of a massive Boeing airplane production plant, Oct. 1, 2020, in Everett, Wash. Boeing failed to sell any airline planes last month and suffered more cancellations of a grounded jetliner, further evidence of the company's battle to overcome a drop in air travel during the pandemic and crashes involving the 737 Max. The company said Tuesday, Oct. 13, 2020 that three Max orders were canceled in September and it dropped orders for 48 more Max jets because of uncertainty about whether customers will be able to close the deals. (AP Photo/Elaine Thompson, file)

Boeing's struggles continue: No jetliner sales in September

Oct. 13, 2020 2:25 PM EDT

Boeing failed to sell any airline planes last month and suffered more cancellations of a grounded jetliner, further evidence of the company's battle to overcome a drop in air travel during the pandemic and crashes involving the 737 Max. The company said Tuesday that three Max orders were canceled in September and...

FILE - This March 12, 2013, file photo shows the air traffic control tower at Chicago's Midway International Airport. Federal regulators have not taken adequate steps to protect computer systems on airliners from hackers, a government watchdog agency reported on Friday, Oct. 9, 2020. The agency said the Federal Aviation Administration has not developed a training program for cybersecurity or test airplane computer systems that could be vulnerable to attack. (AP Photo/M. Spencer Green, File)

Watchdog urges more action to protect planes from hackers

Oct. 9, 2020 2:22 PM EDT

Federal regulators have not taken adequate steps to protect computer systems on airliners from hackers, a government watchdog agency reported on Friday. The agency said the Federal Aviation Administration has not developed a training program for cybersecurity or test airplane computer systems that could be...

Aircraft G-CIVY, one of the last two British Airways Boeing 747-400 aircraft takes off for its last flight departure from London's Heathrow Airport, Thursday, Oct. 8, 2020. The retirement of the fleet was brought forward as a result of the impact the Covid-19 pandemic had on the airline and the aviation sector. ( Steve Parsons/PA via AP)

Nice knowing you: London Heathrow's farewell to BA's jumbos

Oct. 8, 2020 9:18 AM EDT

LONDON (AP) — British Airways' last two Boeing 747 planes at the airline's historic base of London's Heathrow Airport made their final flight Thursday, the fleet's retirement having been brought forward by the coronavirus pandemic. To mark the occasion, the two planes with their distinctive humps at the...

FILE  - In this Sept. 30, 2020, file photo, a Boeing 737 MAX jet, piloted by Federal Aviation Administration (FAA) chief Steve Dickson, prepares to land at Boeing Field following a test flight in Seattle. Boeing says the pandemic will reduce demand for new planes for the next decade, long after experts expect a vaccine for COVID-19. The company updated its forecast of the airplane market on Tuesday, Oct. 6, 2020. It remains upbeat about long-term prospects driven by increasing air travel in Asia. Boeing, which along with Europe’s Airbus dominates the aircraft-building industry, has seen orders and deliveries of new planes crumble this year. (AP Photo/Elaine Thompson, File)

Boeing says pandemic will cut demand for planes for a decade

Oct. 6, 2020 11:32 AM EDT

Boeing is lowering its expectations around demand for new planes over the next decade as the coronavirus pandemic continues to undercut air travel. The company on Tuesday predicted that the world will need 18,350 new commercial airplanes in the next decade, a drop of 11% from its 2019 forecast. The value of that...

Traffic passes in view of a massive Boeing airplane production plant Thursday, Oct. 1, 2020, in Everett, Wash. Boeing said Thursday that it will consolidate production of its two-aisle 787 jetliner in South Carolina and shut down the original assembly line for the plane near Seattle. The company said the move will start in mid-2021. (AP Photo/Elaine Thompson)

Boeing picks South Carolina over Seattle for 787 production

Oct. 1, 2020 7:39 PM EDT

SEATTLE (AP) — Boeing said Thursday it will shut down the original assembly line for its two-aisle 787 jetliner near Seattle and consolidate the plane's production in South Carolina as the airline industry tries to weather the global pandemic. The move will begin in mid-2021. The company intends to keep...

Bed Bath & Beyond, Boeing rise; Marathon, Allstate fall

Oct. 1, 2020 4:58 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially Thursday: Bed Bath & Beyond Inc., up $3.77 to $18.75 The home goods retailer reported a surprise fiscal second-quarter profit. Genworth Financial Inc., down 19 cents to $3.16 China Oceanwide Holdings Group extended the deadline for its...

A Boeing 737 MAX jet, piloted by Federal Aviation Administration (FAA) chief Steve Dickson, takes off on a test flight from Boeing Field, Wednesday, Sept. 30, 2020, in Seattle. The MAX was grounded worldwide in early March 2019 after the second of two fatal accidents that together killed 346 people aboard almost-new aircraft. (AP Photo/Elaine Thompson)

FAA chief tests changes to Boeing's grounded 737 Max

Sep. 30, 2020 6:28 PM EDT

The head of the Federal Aviation Administration, a former military and airline pilot, said Wednesday that he liked what he saw during a two-hour test flight of Boeing’s revamped 737 Max jetliner, a key step as the agency considers whether to let the plane return to flight after two deadly crashes....

US lawmakers propose tighter rules for new airplanes

Sep. 29, 2020 4:05 PM EDT

WASHINGTON (AP) — Lawmakers who criticized regulators over the way they approved the Boeing 737 Max will propose changing the way that the Federal Aviation Administration certifies new plane designs and uses private-sector employees to perform safety analysis. Leading Democrats and Republicans on the House...