Boeing (BA 0.69%) has faced a multitude of tribulations over the past decade. But the company recently got a reprieve from a trial that would've been its biggest yet.
The head of Boeing Commercial Airplanes, Stephanie Pope, met the chairman of Air India on Monday in India, two sources said, as the companies seek to find the cause of last week's fatal crash involving a Boeing 787 Dreamliner.
Boeing stock has strongly outperformed the S&P 500 in 2024, driven by robust airplane orders and improving production stability. May saw a major order surge, highlighted by Qatar Airways and unidentified customers, bringing net orders to 300 aircraft worth $32.5 billion. Deliveries remain stable above 40 planes per month, with year-to-date deliveries and values significantly higher than last year.
Southwest Airlines is activating runway alerts across its fleet of Boeing 737s to boost safety. The alert system warns pilots if they're too fast, too high, or on the wrong runway.
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