Latest Boeing Co News

AMD, L Brands rise; Boeing, Six Flags fall

Jul. 29, 2020 4:30 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday: Advanced Micro Devices Inc., up $8.48 to $76.09. The chip maker reported an even bigger jump in profit from April through June than Wall Street expected. Boeing Co., down $4.83 to $166.01. The jet maker's losses ballooned to...

FILE - In this April 10, 2019, file photo a Boeing 737 MAX 8 airplane being built for India-based Jet Airways lands following a test flight at Boeing Field in Seattle.  Boeing says it lost $2.40 billion in the second quarter, and it's taking a more downbeat view about the airplane market because of the coronavirus outbreak. Boeing said Wednesday, July 29, 2020, it now expects the airline industry will take longer to recover from the pandemic, and that will limit aircraft sales. (AP Photo/Ted S. Warren, File)

Troubles abound, Boeing losses bloom to $2.4 billion in 2Q

Jul. 29, 2020 1:45 PM EDT

Boeing lost $2.4 billion in the second quarter and the company will slow production and cut more jobs as demand for commercial aircraft shrinks during the coronavirus pandemic. The loss was far worse than Wall Street expected; so was the decline in revenue, which fell 25%. “The reality is the...

Sen. Lindsey Graham, R-S.C., center, speaks during a news conference on on Capitol Hill in Washington, Monday, July 27, 2020, to highlight the Republican proposal for the next coronavirus stimulus bill. Joining Graham, from left, is Senate Majority Leader Mitch McConnell of Ky., Sen. Roy Blunt, R-Mo., Sent. Tim Scott, R-S.C., and Sen. Richard Shelby, R-Ala. (AP Photo/Susan Walsh)

GOP tucks $8 billion for military weaponry in virus bill

Jul. 28, 2020 8:44 PM EDT

WASHINGTON (AP) — A new $1 trillion COVID-19 response package by Senate Republicans is supposed to give the government more weapons to battle the surging coronavirus pandemic. But GOP lawmakers have more than just the “invisible enemy” in mind. The Republican measure includes billions for...

FILE - In this Sept. 20, 2019, file photo, Maurine Carter works on the wiring of a stove in LaFayette, Ga. Orders to American factories for big-ticket goods rebounded last month from a disastrous April as the U.S. economy began to slowly reopen. The Commerce Department said that orders for manufactured goods meant to last at least three years shot up 15.8% in May after plunging 18.1% in April.(Erin O. Smith/Chattanooga Times Free Press via AP, File)

Orders for big-ticket manufactured goods jump 7.3% in June

Jul. 27, 2020 9:33 AM EDT

WASHINGTON (AP) — Orders for big-ticket manufactured goods rose a solid 7.3% in June, the second big monthly gain as manufacturing tries to climb out of a spring slump triggered by the coronavirus pandemic. The Commerce Department said Monday that the June gain in durable goods orders, which was better...

FILE - In this Jan. 25, 2011, file photo, is the Boeing Company logo on the property in El Segundo, Calif. Safety regulators issued an emergency order on Thursday, July 23, 2020, directing airlines to inspect and if necessary replace a critical engine part on popular Boeing 737 jets after four reports of engines shutting down during flights. The Federal Aviation Administration said its order affected about 2,000 twin-engine passenger jets in the United States. (AP Photo/Reed Saxon, File)

FAA: Check engines on 737s that could shut down mid-flight

Jul. 24, 2020 6:12 PM EDT

WASHINGTON (AP) — Safety regulators issued an emergency order directing airlines to inspect and if necessary replace a critical engine part on popular Boeing 737 jets after four reports of engines shutting down during flights. The Federal Aviation Administration said Friday that its order affected about...

FILE - In this June 17, 2015 file photo, an Airbus A350 performs a demonstration flight at the Paris Air Show, in Le Bourget airport, north of Paris. European planemaker Airbus says it is taking the last step to end 16 years of litigation with the United States at the World Trade Organization. The manufacturer said it will end a system of financial support from France and Spain that the WTO had deemed illegal and unfair to rival Boeing. The Trump administration used the case as justification to slap tariffs on $7.5 billion worth of European exports. (AP Photo/Francois Mori, File)

Airbus moves to end 16 years of litigation, end US tariffs

Jul. 24, 2020 6:31 AM EDT

European planemaker Airbus says it is taking the last step to end 16 years of litigation with the United States at the World Trade Organization over subsidies. The manufacturer said it will end a system of financial support from France and Spain that the WTO had deemed illegal and unfair to rival Boeing. The...

FILE - In this March 31, 2019 file photo, Kuwait's ruling emir, Sheikh Sabah Al Ahmad Al Sabah, attends the opening of the 30th Arab Summit, in Tunis, Tunisia. Kuwait said its 91-year-old ruling emir, who recently underwent surgery, will travel to the U.S. on Thursday for further medical care. That’s according to a report late Wednesday, July 22, 2020, by the state-run KUNA news agency. Sheikh Sabah’s sudden surgery could inspire a renewed power struggle within Kuwait’s ruling family. (Fethi Belaid/Pool Photo via AP, File)

US flies Kuwait emir, 91, to Minnesota after surgery at home

Jul. 23, 2020 2:35 PM EDT

DUBAI, United Arab Emirates (AP) — Kuwait's 91-year-old ruling emir landed on Thursday in the United States after being flown across the world in a U.S. Air Force C-17 flying hospital, and just days after undergoing an unspecified surgery at home. The dramatic airlift reflected the close ties between the...

US moves one step closer to letting the Boeing 737 Max fly

Jul. 21, 2020 1:56 PM EDT

Federal safety regulators are moving closer to letting the grounded Boeing 737 Max fly again with changes that Boeing made to the plane after two deadly crashes. The Federal Aviation Administration said Tuesday that “in the near future” it will issue a proposed safety directive for the plane. The...

FILE - In this Jan. 8, 2020 file photo, rescue workers search the scene where a Ukrainian plane crashed in Shahedshahr, southwest of Tehran, Iran.  Iran has sent the black box of the Ukrainian passenger jet that its armed forces mistakenly shot down in January to France for reading, an Iranian semi-official news agency said Saturday, July 18, 2020. (AP Photo/Ebrahim Noroozi, File)

Iran sends downed Ukrainian plane's black box to France

Jul. 18, 2020 9:46 AM EDT

TEHRAN, Iran (AP) — Iran has sent the black box from the Ukrainian passenger jet that its armed forces mistakenly shot down in January to France for reading, an Iranian semi-official news agency said Saturday. Iran accidentally shot down the Boeing 737-800, killing all 176 people aboard, after mistaking it...

FILE - In this Wednesday, March 18, 2020 file photo, British Airways planes parked at Terminal 5 Heathrow airport in London. British Airways on Friday July 17, 2020, retired its fleet of Boeing 747s with immediate effect as a result of the coronavirus pandemic. (AP Photo/Frank Augstein, File)

Jumbos retired: British Airways bids farewell to Boeing 747s

Jul. 17, 2020 8:15 AM EDT

LONDON (AP) — The “queen of the skies” will no longer don the red, white and blue of the Union Jack after British Airways retired its fleet of Boeing 747s on Friday as a result of the coronavirus pandemic. The airline, which was the world’s biggest operator of the 747-400 model, had...