|Bid||387.33 x 800|
|Ask||387.44 x 900|
|Day's range||385.35 - 388.52|
|52-week range||292.47 - 446.01|
|Beta (3Y monthly)||1.27|
|PE ratio (TTM)||44.34|
|Earnings date||22 Oct 2019 - 28 Oct 2019|
|Forward dividend & yield||8.22 (2.13%)|
|1y target est||411.14|
India's aviation safety regulator may ask Boeing to set up simulators in India to train pilots on the 737 MAX planes once it clears the aircraft as safe for flying, a senior official with direct knowledge of the matter told Reuters. The 737 MAX, the fastest-selling plane in Boeing's history, has been grounded the world over since March in the aftermath of two fatal crashes in five months that killed 346 people. India's Directorate General of Civil Aviation (DGCA) will also conduct an independent inspection of the grounded planes once they are cleared for flying by the U.S. regulator, the Federal Aviation Administration (FAA).
The drone attacks on Saudi oilfields increase the need for Saudi Arabia to strengthen its air defense missile systems. This is good news for U.S. defense majors.
France's finance minister says Europe is ready to impose retaliatory tariffs next year on U.S. goods as part of a long-running dispute over subsidies to plane makers Airbus and Boeing. Finance Minister Bruno Le Maire told reporters Thursday that "trade wars are good for no one," noting damage caused worldwide by the U.S.-China trade conflict. The World Trade Organization ruled in May that Europe illegally subsidized Airbus, hurting U.S. competitor Boeing.
We searched, using our Zacks Stock Screener, for large-cap dividend stocks investors might want to buy after the U.S. Federal Reserve cut interest rates for the second time...
MONTREAL/PARIS (Reuters) - While the world's Boeing 737 MAX fleet remains grounded after two fatal crashes, a solitary Air Canada plane has been spotted in the skies, shuttling between Quebec and Ontario. In a rare exemption, approved by Canadian aviation regulator Transport Canada, the 11 flights in August and September were partly to maintain the qualifications of senior training pilots, Air Canada told Reuters in response to a query about flight tracking data. A spokesman for Air Canada said the airline was not able to use similar 737s within its fleet "to maintain check pilot authority in alignment with (Canadian aviation regulations)".
The chief executive of Lloyd’s of London said it would take two to three years to turn round the financial performance of the market as he promised further action to improve diversity at all levels of the business. Half-year results released on Wednesday showed some progress, although efforts to make Lloyd’s more diverse took a step backwards with the departure of another senior female executive. Lloyd’s said Annette Andrews, the chief people officer, would leave after five years at the market.
A lawyer representing relatives of victims killed in an Ethiopian Airlines 737 MAX crash said Tuesday he was seeking documents from manufacturer Boeing and US regulators on the decision not to ground the aircraft after a previous deadly accident. The October 2018 crash of a Lion Air 737 MAX in Indonesia killed 189 people, while 157 died in the accident in Ethiopia five months later. Instead of ordering the grounding of the MAX after the Lion Air crash, the US Federal Aviation Administration issued an airworthiness directive reminding pilots of emergency procedures.
A congressional committee investigating the grounded 737 Max has asked Boeing Chairman and CEO Dennis Muilenburg to testify at a hearing next month. The House Transportation Committee said Tuesday that Chairman Peter DeFazio, D-Ore., "formally invited" Muilenburg to a hearing on Oct. 30. The committee also wants to hear from John Hamilton, the chief engineer of Boeing's commercial airplanes division.
Federal Aviation Administration chief Steve Dickson has invited about 50 aviation safety regulators from around the world to an informal briefing in Montreal next week on the status of the grounded Boeing 737 MAX, according to an email seen by Reuters. The FAA has been reviewing proposed software and training changes from Boeing Co for its best-selling plane that has been grounded since March in the aftermath of two fatal crashes in five months. The meeting, to be held on Monday, is taking place in connection with the International Civil Aviation Organization World Aviation Forum.
Boeing (BA) continues to expect single-aisle jets to be the key demand driver for commercial jets in China, comprising 74% of the total projection.
Virgin Australia Holdings Ltd , which is conducting a wide-ranging review of its route network as part of a turnaround plan, said on Tuesday it would apply for one of two new slots at Tokyo's Haneda Airport allocated to Australian carriers. The financially struggling carrier will compete against deep-pocketed rival Qantas Airways Ltd, which has lodged an application with Australia's International Air Services Commission for both of the slots which are available from March 2020. Haneda airport, which is closer to the centre of Tokyo than Narita airport, has a limited number of lucrative slots.
A panel of global civil aviation authorities is expected to criticize the US Federal Aviation Administration's approval of Boeing's 737 MAX, which has been grounded for six months following two crashes, a source familiar with the matter said Monday. The panel, known as the Joint Authorities Technical Review (JATR), was set up last April by the FAA amid criticism of the FAA'S close ties to Boeing. The FAA was the last global aviation authority to ground the 737 MAX after one of the aircraft crashed in Ethiopia in March, leaving 157 dead, a few months after another went down in Indonesia, killing 189.
As part of the panel's findings, the task force will call out the U.S. Federal Aviation Administration (FAA) for what it says is a lack of clarity and transparency in the way the agency delegated authority to Boeing to evaluate certain flight-control features, the Journal reported on Monday. The panel is expected to call for greater data-sharing and transparency among different governments, WSJ reported, with the draft report recommending reviewing and updating FAA guidance and day-to-day certification procedures to ensure the agency's early involvement in new onboard systems. The multi-agency panel is called the Joint Authorities Technical Review (JATR) and includes air-safety regulators from Canada, China, Indonesia, the United Arab Emirates, the European Union, Brazil and the United States.
New Federal Aviation Administration (FAA) chief Stephen Dickson plans to fly to Seattle this week to fly "newly configured" Boeing 737 MAX software in a simulator and will visit with Boeing officials, the agency said Monday. Boeing plans to revise the 737 MAX software to take input from both angle-of-attack sensors in the MCAS anti-stall system linked to two deadly crashes that led to a global grounding of the plane in March. The FAA confirmed that Dickson, who took over as administrator in mid-August, has no firm timeline for the grounded 737 MAX to resume flights or when Boeing will turn over final documentation.
The nation's top aviation regulator says he plans to go into a flight simulator and personally test changes that Boeing is making to the grounded 737 Max. Dickson is the new head of the Federal Aviation Administration, which will decide whether U.S. airlines can resume flying the 737 Max. The FAA grounded the Max in March after the second of two crashes that together killed 346 people. Boeing hopes the plane will be back in service early in the October-through-December quarter.
One of 2018’s top airlines, United Airlines stock has struggled to gain altitude in 2019. UAL has returned ~9% YTD, lagging the broader market.
The European Union is urging the United States to hold off trade sanctions and seek an agreement on aircraft industry subsidies, but Washington has shown no sign it wants to talk, EU trade chief Cecilia Malmstrom said on Monday. The World Trade Organization has approved a U.S. request to impose tariffs on European goods, according to people familiar with the case, part of a 15-year dispute over subsidies for U.S. planemaker Boeing and European rival Airbus. It is also expected to clear the European Union to take action against U.S. imports early next year.
The EU on Monday urged the US to make a deal to end a 15-year long Airbus-Boeing row, just days before Washington is expected to announce a raft of new tariffs in the epic tit-for-tat battle. "We have enough tariffs in the world as it is, so imposing tariffs on each other, which strictly speaking we are allowed to do according to the WTO, would not be a good solution," said EU Trade Commissioner Cecilia Malmstrom. The legal battle between Airbus and Boeing at the World Trade Organization began in 2004 when Washington accused Britain, France, Germany and Spain of providing illegal subsidies and grants to support the production of a range of Airbus products.
President Trump 'fast-tracked' the drone delivery industry, according to one executive, as Amazon, UPS and others enter the space.
Boeing Co's best-selling jet, the 737 MAX, was grounded globally in March, days after the crash of an Ethiopian Airlines flight that followed a similar Lion Air disaster in Indonesia in October. Boeing has spent months working on updating critical flight control software at the center of both crashes, with the hope of winning Federal Aviation Administration approval for the planes to fly again in the United States between October and December. Following are some of the key steps that need to take place before the 737 MAX returns to the skies.
Conflicting fortunes Thursday for Ryanair staff, and the Ryanair boss. Europe's largest budget airline says it plans to cut as many as 700 positions. Some could go at the Dublin headquarters. At least some will be compulsory redundancies. The move comes after the airline said it had a surplus of 500 pilots. It's a different story though for high-profile boss Michael O'Leary. On Thursday (September 19) Ryanair shareholders narrowly approved a bonus scheme that could see him pocket 100 million euros over five years. That's about 111 million dollars. To get the payout O'Leary has to either double profitability or double the share price within the period. One stumbling block to that in the near term: the airline's Boeing MAX jets are still stuck on the ground. The type has been out of operation for months following two fatal crashes at other airlines. Boeing hopes to get the all-clear for U.S. flights before the end of the year. But on Thursday O'Leary said it could be February or March before they're flying again in Europe.