Boeing said on Wednesday it plans to cut production from planes and warned of further reductions in its workforce as the impact of the coronavirus pandemic affects demand for air travel. The pandemic has caused financial losses for Boeing airline customers and has affected demand for new aircraft. Boeing was …
Read More »Boeing earnings preview: Can the company meet even low expectations?
Boeing Co. is slated to report second-quarter results on the Wednesday before the bell, giving investors a clearer picture of the impact of the coronavirus pandemic on a company that is already plagued with problems of its own making. Boeing BA, -1.52% he’s scheduled to hold a call with analysts …
Read More »The FAA warns of possible engine shutdowns in the safety directive on older Boeing 737 aircraft
A Southwest Airlines Boeing 737-700 (LN2318) on final approach after a pre-delivery test flight at dusk. aviation-images.com | Universal Images Group via Getty Images The Federal Aviation Administration on Friday ordered airlines to inspect some stored Boeing 737 aircraft for corrosion that could lead to engine shutdown, as hundreds of …
Read More »British Airways withdraws its entire fleet of Boeing 747 aircraft
A Boeing Co. 747 passenger jet, operated by British Airways, takes off at London Heathrow Airport, UK. Chris Ratcliffe | Bloomberg | fake pictures British Airways, currently the largest operator of the Boeing 747, said it would withdraw its entire fleet of iconic aircraft earlier than expected due to the …
Read More »Morgan Stanley, American Airlines, Twitter, Nikola and more
A woman walks past the New York Stock Exchange (NYSE) on July 13, 2020 on Wall Street in New York City. Johannes Eisele | fake pictures These are the companies that appear in the headlines of the trade at noon: Morgan Stanley – The bank’s shares rose 4% after it …
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