Boeing has filed paperwork with U.S. regulators to raise up to $25 billion through a combination of stock and debt offerings. This move comes as […]
Tag: Boeing
Boeing Plans to Raise $10 Billion by Selling Stock Amid Heavy Debt
Boeing wants to raise at least $10 billion by selling new shares of stock, according to a report from Bloomberg News on Tuesday. The company […]
Boeing Faces Possible Strike Amid Worker Discontent Over Labor Pact
Boeing is facing the potential of a worker strike as early as Friday, with a significant vote set for Thursday. Factory workers in the Pacific […]
Wells Fargo’s Bearish Report Sends Boeing Shares Plummeting 8%
Boeing shares dropped 8% following Wells Fargo’s release of an unusually bearish report on the stock. Wells Fargo has downgraded Boeing ($BA) from “Equal Weight” […]
Boeing Predicts China Will Need 8,830 New Planes by 2043
Boeing has announced that China will need 8,830 new planes by 2043 as the country’s aviation industry continues to grow and modernize. This increase in […]
Boeing Faces Escalated Losses Amid Defense Sector Challenges; Robert K. ‘Kelly’ Ortberg Appointed New CEO
Boeing $BA reported earnings per share (EPS) of -$2.90, compared to the forecast of -$1.69, and revenue of $16.9 billion, falling short of the forecasted […]
Severe Turbulence on Singapore Airlines Flight from London to Singapore Causes One Death and Multiple Injuries
A Singapore Airlines flight from London to Singapore experienced severe turbulence, resulting in one death and multiple injuries. The incident occurred on a Boeing 777-300ER […]
Boeing Emergency: Garuda Indonesia Jet’s Engine Fire Prompts Emergency Landing
A Boeing aircraft operated by Garuda Indonesia was compelled to execute an emergency landing following an engine ignition incident. The occurrence took place during takeoff […]
Boeing and Spirit AeroSystems Forge $425 Million Deal Amidst Production Challenges and Acquisition Talks
Boeing and Spirit AeroSystems have struck a $425 million deal to tackle Spirit’s inventory challenges and cash flow issues. This move comes as the U.S. […]
Southwest Boeing 737-800 Incident: Engine Cover Detaches Mid-Flight, Forces Return Landing
During takeoff, a Southwest-operated Boeing 737-800 experienced an incident where its engine cover broke off and struck the plane’s wing. The flight, carrying 135 passengers […]
Boeing’s Turbulent Journey: Moody’s Review and Leadership Overhaul Amidst Safety Crisis
Moody’s has initiated a review process for Boeing, considering a potential downgrade due to apprehensions regarding the company’s cash flow generation capability. This concern arises […]
Union Advocates for Board Seat to Tackle Quality Issues at Boeing
Boeing shares rise 3.5% as CEO Dave Calhoun announces retirement by end of 2024. Leadership transition underway with Calhoun stepping down and Boeing Commercial Airplanes […]