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Boeing's stock fall in U.S. trading as China Boeing 737 plane crash
Boeing's stock dropped nearly 7% in overnight trade in the United States. This could be owing to the recent crash of the China Boeing 737 plane crash.Seeing the plane was made in the U.S. The National...
Boeing to pay $2.5 billion in settlement over alleged fraud
Aircraft maker Boeing has agreed to pays $2.5 billion in settlement over alleged fraud on its 737 Max. Officials claimed the manufacturer concealed vital safety information from inspectors.The US Just...
Boeing offers employees second voluntary layoff package, ‘hard but necessary’
Boeing recently announced that it will be offering employees a second voluntary package. The planemaker described it as a “hard but necessary” move, it said on Monday. “While we have seen signs ...
Boeing Earnings Report, Posts Wider Than Expected Loss
EPS: Loss of $1.70Revenue: $16.91 billionBoeing (BA) posted its first-quarter earnings report on Wednesday. The company recorded a $641 million loss and plans to cut its workforce and aircraft product...
FAA clears Boeing 737 Max for flight certification
The Federal Aviation Administration (FAA) has completed key test flights that could help revive Boeing 737 Max after being grounded for a while. The FAA confirmed on Monday that it has approved the st...