Latest Boeing Co News

Boeing pleads not guilty in case over deadly Max crashes

Jan. 26, 2023 18:11 PM EST

FORT WORTH, Texas (AP) — Boeing pleaded not guilty Thursday to a charge that it misled regulators who approved its 737 Max, the plane that was involved in two crashes that killed 346 people. Family members of passengers who died gave emotional testimony, calling for criminal...

Intuitive Surgical, Trustmark fall; AT&T, Progressive rise

Jan. 25, 2023 16:21 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Boeing Co., up 70 cents to $212.68. The aerospace-defense giant reported a big fourth-quarter loss, but said it is sticking with plans to increase jet production. ...

Boeing loses $663 million in 4Q despite higher revenue

Jan. 25, 2023 13:02 PM EST

Boeing said Wednesday it lost $663 million in the fourth quarter as higher production costs and supply-chain problems offset rising revenue. It was another disappointing quarter for the aerospace giant, which has yet to recover from deadly crashes involving two of its 737 Max jets...

US board says Boeing Max likely hit a bird before 2019 crash

Jan. 24, 2023 11:39 AM EST

U.S. accident investigators disagree with Ethiopian authorities over the cause of a sensor malfunction that preceded the March 2019 crash of a Boeing 737 Max shortly after takeoff from Addis Ababa. The National Transportation Safety Board said Tuesday that it determined that the bad...

Asian shares rise, track Wall St gains as earnings ramp up

Jan. 24, 2023 00:40 AM EST

BANGKOK (AP) — Stocks were higher in Asia on Tuesday after a tech-led rally on Wall Street as investors bet the Federal Reserve will trim its rate hikes to tamp down inflation. Many markets in the region were closed for Lunar New Year holidays. A preliminary reading...

How major US stock indexes fared Monday 1/23/2023

Jan. 23, 2023 16:45 PM EST

Stocks closed higher on Wall Street as investors grow more convinced the Federal Reserve will keep downshifting the size of its rate hikes and as several major companies prepare to report their latest results. This week Microsoft, Tesla and Boeing are among the companies that will...

Virgin Orbit: Premature shutdown behind rocket launch fail

Jan. 12, 2023 09:37 AM EST

LONDON (AP) — Virgin Orbit said Thursday its first attempt to launch satellites into orbit from the U.K. failed after its rocket's upper stage prematurely shut down. The U.S.-based company used a modified Boeing 747 plane to carry one of its rockets from Cornwall in southwestern...

US will require detailed safety plans at charter airlines

Jan. 10, 2023 17:38 PM EST

WASHINGTON (AP) — Federal officials said Tuesday they will require charter airlines, air-tour operators and plane manufacturers to develop detailed systems for identifying potential safety problems before accidents occur. The Federal Aviation Administration said safety-management...

Boeing orders rise to 4-year high but still trail Airbus

Jan. 10, 2023 16:53 PM EST

Boeing took more than 200 net orders for passenger airplanes in December to complete its best year since 2018, but it failed again to catch up with European manufacturer Airbus in orders and aircraft deliveries. Airbus reported Tuesday that it took orders for 820 planes in all of...

US officials criticize Ethiopian report on Boeing Max crash

Dec. 28, 2022 16:08 PM EST

WASHINGTON (AP) — U.S. crash investigators say Ethiopian authorities failed to consider all factors that contributed to a deadly 2019 crash after a key flight-control system malfunctioned on a Boeing 737 Max airplane. The National Transportation Safety Board agreed with the...