Boeing shares have depreciated by over 30% YTD due to regulatory scrutiny, but the company remains a solid investment. The company has avoided a full grounding of its planes and has been working with regulators to address quality control issues. Boeing's Q1 performance was relatively decent, and the full recovery of the air travel market and defense contracts provide growth opportunities.
Boeing Co (NYSE: BA) is in focus this morning after announcing a new contract with the U.S. Air Force. Details of new Boeing-Air Force deal The aerospace and defence giant has signed a $7.
A Qatar Airways Boeing 787-9 Dreamliner hit turbulence while traveling over Turkey, leaving six passengers and six crew members injured, the airline says.
Boeing released its annual safety report which showed a 500% increase in submissions to its safety and quality tip line as the aerospace giant prepares to submit a report to regulators.
Transportation Secretary Pete Buttigieg says that increasing flight turbulence is an effect of climate change. Buttigieg forecasted that turbulence will continue to “affect American travelers, whether here or abroad.
Boeing and NASA quelled two technical issues on the company's Starliner spacecraft, including a "design vulnerability" requiring a temporary workaround, to get the capsule back on track for its first mission carrying two astronauts to space, officials said on Friday.
Boeing and NASA are moving forward with a June 1 launch attempt of the company's Starliner capsule despite a "stable" leak in the spacecraft's propulsion system. The mission, marking the first time Starliner carries U.S. astronauts, was postponed earlier this month.
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