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Boeing Co (BA.N)

BA.N on New York Stock Exchange

354.90USD
24 May 2019
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$4.35 (+1.24%)
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Latest Key Developments (Source: Significant Developments)

Boeing MAX's Return To Flight Delayed By FAA's Reevaluation Of Safety Procedures For Older 737 Models - WSJ
1:49am IST 

May 24 (Reuters) - :BOEING MAX'S RETURN TO FLIGHT DELAYED BY FAA'S REEVALUATION OF SAFETY PROCEDURES FOR OLDER 737 MODELS - WSJ.A REVIEW OF BOEING'S 737 MAX JETS HAS EXPANDED TO INCLUDE EMERGENCY PROCEDURES USED BY PILOTS ON EARLIER 737 MODELS - WSJ, CITING U.S. GOVERNMENT OFFICIALS.FAA CONSIDERING CHANGES IN HOW PILOTS OF ENTIRE 737 FAMILY ARE TRAINED TO RESPOND WHEN FLIGHT-CONTROL COMPUTER OR OTHER SYSTEMS ERRONEOUSLY PUSH PLANE’S NOSE DOWN - WSJ.BOEING SAYS "SAFETY OF THE 737 NG IS NOT IN QUESTION", CO WORKING WITH FAA TO REVIEW ALL PROCEDURES - WSJ, CITING BOEING SPOKESMAN.  Full Article

Boeing's Starliner Completes Service Module Hot Fire Testing
Friday, 24 May 2019 

May 24 (Reuters) - Boeing Co ::BOEING’S STARLINER COMPLETES SERVICE MODULE HOT FIRE TESTING.  Full Article

China Eastern Airlines Raises Compensation Issue With Boeing Over 737 Max Grounding - China State Media
Tuesday, 21 May 2019 

May 21 (Reuters) - China State Media People's Daily ::SAYS CHINA EASTERN HAS FORMALLY RAISED COMPENSATION ISSUE WITH BOEING OVER GROUNDING OF 737 MAX AIRCRAFT, BUT HAS NOT COMMUNICATED WITH OTHER CARRIERS ON THE MATTER .  Full Article

Boeing Launches New Boeing Business Jet Services Bundle With Customer Metrojet
Tuesday, 21 May 2019 

May 21 (Reuters) - Boeing Co ::SAYS BOEING LAUNCHES NEW BOEING BUSINESS JET SERVICES BUNDLE WITH CUSTOMER METROJET.METROJET SIGNS FIVE-YEAR AGREEMENT FOR NEW SERVICES BUNDLE.  Full Article

Ryanair says has filled all pilot vacancies to 2020
Monday, 20 May 2019 

May 20 (Reuters) - Ryanair Holdings PLC investor conference call ::RYANAIR: CEO SAYS LAUDA LOSSES FOR NEXT 12 MONTHS BETWEEN 20MLN AND 50 MILLION EURO; DRIVEN BY PRICING.RYANAIR: CEO SAYS HAS FILLED ALL PILOT RECRUITMENT FOR SUMMER 2020 AND HAVE WAITING LIST.RYANAIR SHARES RECOVER FROM EARLIER LOSSES; DOWN 0.4 PERCENT ON DAY.RYANAIR CEO SAYS WOULD CONSIDER MOVING CAPACITY FROM MARKETS WITH HIGH ENVIRONMENTAL TAXES FOR AVIATION.RYANAIR CEO UNIT COST TARGET FOR FY2021 IS 'FLAT TO SLIGHTLY DOWN'; IF YOU TAKE OUT EXCEPTIONAL ITEMS WE ARE ALREADY NOT FAR OFF FLAT.RYANAIR CEO SEES UNIT COSTS CONSISTENTLY FLAT TO SLIGHTLY DOWN OVER NEXT 4-5 YEARS.RYANAIR CEO SAYS TURNOVER RATE OF PILOTS HAS FALLEN TO EFFECTIVELY ZERO IN RECENT MONTHS.RYANAIR CEO SAYS WOULD CONSTRAIN GROWTH FOR 2020 IN EVENT 737 MAX DELIVERIES DID NOT MATERIALISE; 'REASONABLY CONFIDENT' THIS WILL NOT HAPPEN.RYANAIR CEO SAYS ONCE 737 MAX IS BACK FLYING IN U.S., EXPECTS CUSTOMER CONFIDENCE ISSUES TO DISSIPATE QUICKLY.RYANAIR CEO HOPEFUL RATHER THAN CONFIDENT THAT EU261 COSTS WILL FALL IN NEXT 12 MONTHS.RYANAIR CEO SAYS EXPECTS RATIONAL PRICING TO RETURN TO GERMANY IN A YEAR OR TWO.RYANAIR CEO SAYS HAS NO DOUBT THAT MARGINS WILL RETURN TO EARLIER LEVELS IN COMING YEARS, BUT LITTLE GOOD NEWS IN CURRENT FINANCIAL YEAR.  Full Article

Ryanair says to 'keep foot on pedal' in adding capacity
Monday, 20 May 2019 

May 20 (Reuters) - Ryanair Holdings PLC investor conference call ::RYANAIR CEO SAYS WILL START TAKING BATCH OF 42 MAX PLANES 'PROBABLY IN NOVEMBER, DECEMBER OR JANUARY NEXT YEAR'.RYANAIR CEO SAYS BOOKING VOLUMES FOR SUMMER CURRENTLY UP 2 PERCENT ON LAST YEAR.RYANAIR CEO SAYS VIEW IS 'WE KEEP FOOT TO THE PEDAL' IN TERMS OF ADDING CAPACITY.RYANAIR CEO SAYS WILL KEEP ADDING CAPACITY AS QUICKLY AS WE CAN; WILL BE PAINFUL FOR A YEAR OR TWO.RYANAIR CEO SAYS THERE IS NO UPSIDE ON YIELD OUTLOOK AT THE MOMENT.RYANAIR CEO SAYS 'WE ARE GETTING UNIT COSTS BACK UNDER CONTROL' ; CFO SAYS STERLING IMPACT ON COSTS AROUND 0.5 PERCENT.  Full Article

Ryanair CFO to seek modest compensation from Boeing over Max
Monday, 20 May 2019 

May 20 (Reuters) - Ryanair Says Will Have Conversations With Boeing ::RYANAIR CFO SAYS CUT APROX 1 MILLION PASSENGERS FROM SCHEDULE THIS YEAR DUE TO DELAY IN MAX DELIVERIES.ABOUT MAX 737 DELAY COMPENSATION IN TIME, BUT WOULD BE MODEST.RYANAIR: SAYS EXPECTS BOEING MAX 737 DELIVERIES WILL GET BACKED UP A LITTLE; EXPECTS DELIVERY OF FIRST PLANES IN OCTOBER.RYANAIR CFO SAYS EXPECTS FAA TO APPROVE MAX TO FLY IN LATE JUNE; EASA MAYBE A MONTH OR TWO LATER.RYANAIR CFO SAYS SEES AVERAGE FARES -2% TO +1 PERCENT FOR YEAR TO MARCH 31 2020.RYANAIR CFO SAYS SEES REVENUE PER PASSENGER FOR YEAR +2% TO +4%.  Full Article

Boeing - Completed Development Of Updated Software For 737 Max
Friday, 17 May 2019 

May 17 (Reuters) - Boeing Co ::BOEING - BOEING STATEMENT ON 737 MAX CERTIFICATION AND RETURN TO SERVICE.BOEING - HAS COMPLETED DEVELOPMENT OF UPDATED SOFTWARE FOR 737 MAX, ALONG WITH ASSOCIATED SIMULATOR TESTING AND THE COMPANY’S ENGINEERING TEST FLIGHT.BOEING - NOW PROVIDING ADDITIONAL INFORMATION TO ADDRESS FAA REQUESTS THAT INCLUDE DETAIL ON HOW PILOTS INTERACT WITH THE AIRPLANE CONTROLS.BOEING - DEVELOPED ENHANCED TRAINING AND EDUCATION MATERIALS THAT ARE NOW BEING REVIEWED WITH THE FAA, GLOBAL REGULATORS, AND AIRLINE CUSTOMERS.BOEING - ONCE FAA'S REQUESTS ARE ADDRESSED, WILL WORK WITH FAA TO SCHEDULE ITS CERTIFICATION TEST FLIGHT AND SUBMIT FINAL CERTIFICATION DOCUMENTATION.BOEING -ALSO GIVING INFORMATION TO ADDRESS FAA REQUESTS INCLUDING DETAIL ON HOW PILOTS INTERACT WITH AIRPLANE DISPLAYS IN DIFFERENT FLIGHT SCENARIOS.  Full Article

TUI CEO Says Talking To Boeing About Compensation For 737 MAX Grounding
Wednesday, 15 May 2019 

May 15 (Reuters) - Tui TUIT.L::TUIGN.DE CEO SAYS WE ARE TALKING TO BOEING ABOUT COMPENSATION FOR 737 MAX GROUNDING, DETAILS ARE PRIVATE.TUIGN.DE CEO SAYS WE WON'T TAKE ORDERS OF 737 MAX PLANES UNTIL THERE IS CLARITY, CANCELLATION OF ORDER IS A SEPARATE ISSUE TO BE CONSIDERED IN DUE COURSE.TUIGN.DE CEO SAYS WE ARE AN ACTIVE OBSERVER IN INDUSTRY CONSOLIDATION BUT NOT LOOKING FOR BIG-SCALE MOVES.TUIGN.DE CEO SAYS ASSUMES THAT NORMAL MODUS OPERANDI WILL RESUME WHEN 737 MAX GROUNDING ENDS.TUIGN.DE CEO SAYS ON AVERAGE AROUND 60% SOLD FOR THE SUMMER, SLIGHTLY BELOW LAST YEAR.  Full Article

Boeing Statement On Miami Air International Runway Excursion
Saturday, 4 May 2019 

May 4 (Reuters) - Boeing Co ::BOEING STATEMENT ON MIAMI AIR INTERNATIONAL RUNWAY EXCURSION.BOEING SAYS PROVIDING TECHNICAL ASSISTANCE AT REQUEST, UNDER DIRECTION OF U.S. NTSB, AS AGENCY CONDUCTS ITS INVESTIGATION ON THE INCIDENT.  Full Article

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U.S. regulator sees approval of Boeing 737 MAX to fly as soon as late June: sources

MONTREAL/FORT WORTH, Texas The Federal Aviation Administration (FAA) expects to approve Boeing Co's 737 MAX jet to return to service as soon as late June, representatives of the U.S. air regulator informed members of the United Nations' aviation agency in a private briefing on Thursday, sources told Reuters. | Video