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Discussion in 'Stocks' started by dealmaker, Jan 2, 2018.

  1. dealmaker

    dealmaker

    The Boeing Burn


    The fall-out from the Boeing scandal drags on, and other than Boeing itself, the hardest hit by the grounding of the 737 MAX has frequently been budget carriers—like Ireland's RyanAir. The airline still had outstanding orders for 30 of the planes this summer; now that number has been cut to 20, and the company said it would cut its growth rate for the current year from 7% to 3%, as it expects it will carry 5 million fewer fliers. Fortune
     
    #141     Nov 5, 2019
  2. dealmaker

    dealmaker

    Boeing Deals


    Boeing has scored deals for another 50 of its contentious 737 Max aircraft, which have been grounded around the world following two fatal crashes. Kazakhstan's Air Astana wants 30, and another unidentified customer wants 20 more. Turkey's SunExpress bought 10 on Monday, too. Boeing commercial airplanes chief Stan Deal: "I believe this is momentum. Thus far we’re restoring confidence." Wall Street Journal
     
    #142     Nov 20, 2019
  3. dealmaker

    dealmaker

    737 Max


    Boeing may have been hoping that it could resume 737 Max deliveries to its customers next month, but the FAA is publicly pushing back, saying it intends to inspect and sign off on every individual aircraft before delivery. "The FAA has not completed its review of the 737 Max aircraft design changes and associated pilot training," it said. "The agency will not approve the aircraft for return to service until it has completed numerous rounds of rigorous testing." WSJ
     
    #143     Nov 27, 2019
  4. dealmaker

    dealmaker

    Boeing China

    It's unclear when Boeing's 737 Max will be allowed back into Chinese skies, after the country's aviation regulator raised "important concerns" with the company over the changes it has made to the aircraft. Over in the U.S., the FAA has said the 737 Max won't be cleared for takeoff this year. Reuters
     
    #144     Dec 12, 2019
  5. dealmaker

    dealmaker

    Airbus Stamina

    The world's longest commercial flight will use an Airbus, not a Boeing. Australian carrier Qantas said it would work closely with the European plane making consortium on a deal for up to 12 A350-1000 aircraft for the Sydney-London route and others. However, it hasn't actually placed the orders yet, nor has it decided when the routes will commence service. Bloomberg
     
    #145     Dec 13, 2019
  6. dealmaker

    dealmaker

  7. dealmaker

    dealmaker

    Boeing Suit

    Boeing has been sued in Illinois by an Ireland-based plane lessor over, you guessed it, the 737 Max. Timaero Ireland claims the grounding of the planes means "the 737 Max aircraft contracted for between Boeing and Timaero are now either worthless or seriously diminished in value." Reuters
     
    #147     Dec 18, 2019
  8. dealmaker

    dealmaker

  9. dealmaker

    dealmaker

    Boeing 737 Crashes in Tehran

    A Boeing 737-800 bound for Kiev from Tehran crashed shortly after takeoff Wednesday morning local time, killing everyone onboard, according to Ukraine International Airlines, the operator. The crash comes at a tense time for Boeing, which is still grappling with the aftermath of two previous crashes, and amid the escalation of tensions between the U.S. and Iran. The FT reported that the crash was reportedly due to an engine failure following a fire onboard, and not due to "terrorism." Fortune / FT
     
    #149     Jan 8, 2020
  10. Amun Ra

    Amun Ra

    The engine failure report has been retracted.

    https://www.telegraph.co.uk/news/20...70-passengers-feared-dead-ukraine-boeing-737/
     
    #150     Jan 8, 2020
    dealmaker likes this.