|Bid||354.80 x 900|
|Ask||355.19 x 900|
|Day's range||351.16 - 359.99|
|52-week range||292.47 - 446.01|
|Beta (3Y monthly)||1.33|
|PE ratio (TTM)||20.32|
|Earnings date||23 Jul 2019 - 29 Jul 2019|
|Forward dividend & yield||8.22 (2.18%)|
|1y target est||421.05|
Dennis Muilenburg wanted to be “the world’s best aeroplane designer”, he once told a reporter. Growing up milking cows on his father’s farm in Sioux County, Iowa, he earned a coveted place studying aerospace engineering at Iowa State University, where a scholarship named after a former Boeing chief executive won him an internship with the world’s largest passenger aircraft manufacturer. in Boeing’s 103-year history and of a faltering response which may deepen the company’s troubles.
Boeing acknowledged Saturday it had to correct flaws in its 737 MAX flight simulator software used to train pilots, after two deadly crashes involving the aircraft that killed 346 people. "Boeing has made corrections to the 737 MAX simulator software and has provided additional information to device operators to ensure that the simulator experience is representative across different flight conditions," it said in a statement. Its statement marked the first time Boeing acknowledged there was a design flaw in software linked to the 737 MAX, whose MCAS anti-stall software has been blamed in large part for the Ethiopian Airlines tragedy.
The disclosure of a problem with the simulator software is a further blow to the credibility of the Boeing brand, which has been seriously damaged in recent months by the two crashes, in which 346 people died. Boeing revealed at the weekend that the software used on the Max training simulator was unable to reproduce some flight conditions, including the conditions which led to the crash of Ethiopian Airlines flight ET302 on March 10. “Boeing has made corrections to the 737 Max simulator software and has provided additional information to device operators to ensure that the simulator experience is representative across different flight conditions,” Boeing said in a statement.
Boeing Co has made corrections to simulator software that mimics the flying experience of its 737 MAX jets, which were involved in two fatal crashes, and the company has provided additional information to device operators, a spokesman said on Friday. The spokesman, Gordon Johndroe, said the changes will ensure that the simulator experience is representative across different flight conditions and will improve the simulation of force loads on the manual trim wheel that helps control the airplane. The comments came after the New York Times on Friday reported https://www.nytimes.com/2019/05/17/business/boeing-737-max-simulators.html?action=click&module=Top%20Stories&pgtype=Homepage that Boeing recently discovered that the flight simulators airlines use to train pilots could not adequately replicate conditions that played a role in the 737 MAX crashes.
Sikorsky, a unit of Lockheed Martin Corp, has been awarded a $1.1 billion contract for 12 CH-53K King Stallion helicopters, including logistics and other support, the Pentagon said on Friday. The Lockheed Martin unit said it will build the helicopters at its Connecticut plant and that their deliveries will begin in 2022, according to the contract from the U.S. Navy. It is competing with the twin-rotor CH-47 Chinook helicopter built by Boeing for a German military helicopter tender, which is expected to cost Germany around 4 billion euros ($4.46 billion) in the longer term, a big prize for the winning bidder.
The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Northern District of Illinois against The Boeing Company (NYSE: BA) (“Boeing”) on behalf of those who purchased or otherwise acquired Boeing securities between January 8, 2019 and March 21, 2019, inclusive (the “Class Period”). Important Deadline: Investors who purchased Boeing securities during the Class Period may, no later than June 10, 2019, seek to be appointed as a lead plaintiff representative of the class. According to the complaint, Boeing, together with its subsidiaries, is one of the world’s major aerospace firms.
NEW YORK, May 17, 2019 -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of The Boeing Company (NYSE: BA) from January 8, 2019 through.
The aerospace giant has fixed a software flaw that was implicated in the jet’s fatal crashes. Now Boeing will work with the FAA, and other global regulators, to lift the world-wide ban on the 737 MAX.
Investing.com - U.S. stocks closed lower on reports U.S.-China trade talks had stalled, with both sides upping the ante in recent days.
Boeing Rose 2%, Completed 737 MAX Software Update(Continued from Prior Part)Flight cancelationsMajor US airlines have reported sluggish revenue growth due to massive flight cancelations during the first quarter. Apart from bad weather and the
The law firm of Lieff Cabraser Heimann & Bernstein, LLP reminds investors of the upcoming deadline to move for appointment as lead plaintiff in the class action has been filed on behalf of investors who purchased or otherwise acquired the securities of The Boeing Company (“Boeing” or the “Company”) (BA) between January 8, 2019 and March 21, 2019, inclusive (the “Class Period”). If you purchased or otherwise acquired Boeing securities during the Class Period, you may move the Court for appointment as lead plaintiff by no later than June 10, 2019.
Wall Street was set to break a three-day winning streak on Friday, as trade worries returned after Chinese media took a hard stance on the tariff dispute between the United States and China. The trade war will only make China stronger and will never bring the country to its knees, the ruling Communist Party's People's Daily wrote in a front-page commentary. The two sides are expected to meet in China to resume talks soon.
Boeing Rose 2%, Completed 737 MAX Software UpdateMAX software updateOn May 16, Boeing (BA) stock rose ~2.4%. The company announced that it completed the software update for its troubled 737 MAX jets. The airplane manufacturer claimed that it had
Boeing's fast-selling 737 Max planes have been grounded worldwide since mid-March following two fatal crashes of the aircraft within five months. Boeing and the FAA are now facing numerous investigations into the plane and its approval process.
Once global regulators clear Boeing Co's 737 MAX to fly again after deadly crashes, airlines which have put their fleets into mechanical hibernation since March will scramble to begin the biggest ungrounding effort in history. Quickly reintegrating Boeing's 737 MAX, a fast-selling model because of its fuel efficiency, longer range, and passenger capacity, is crucial for optimizing airlines' routes and improving margins after having to cancel thousands of flights. International regulators are meeting on May 23 to review Boeing software and training plans, though doubts remain over how quickly foreign authorities will clear new flights.
Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of The Boeing Company (BA) from January 8, 2019 through March 21, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Boeing investors under the federal securities laws. If you wish to serve as lead plaintiff, you must move the Court no later than June 10, 2019.
A plane crash that killed 112 people in Cuba a year ago was caused by an error by the crew in its calculation of the aircraft's weight and balance, a government investigation commission said. "The most likely causes of the accident were the crew's actions and its mistakes in calculating the weight and balance, which led to the loss of control and collapse of the aircraft during takeoff," the commission said, according to a report by Cuba's Civil Aeronautics Institute. Two months after the May 2018 crash, the Mexican company that owned the Boeing 737-200 jet said a team of international experts had found that the pilot's takeoff was too steep.
Boeing says it has finished with its updates to the flight-control software implicated in two deadly crashes involving its 737 Max, moving a step closer to getting the plane back in the sky. Aviation regulators still have more questions about how pilots interact with the plane's controls under different circumstances, and Boeing says it is providing that information. The Federal Aviation Administration, foreign regulators and airlines are reviewing Boeing's plans for additional pilot training, the company said Thursday.