BA - The Boeing Company

Aviation watchdog may ask Boeing to set up 737 MAX simulators in India

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).

Defense Stocks Set to Gain After Strike on Saudi Oil Facility

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.

Boeing (BA) Outpaces Stock Market Gains: What You Should Know

Boeing (BA) closed the most recent trading day at $386.41, moving +0.58% from the previous trading session.

3 Large-Cap Dividend Stocks to Buy After Fed Cuts Interest Rates for Second Time

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...

Lone 737 MAX criss-crossed Canada for pilot checks during grounding

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)".

U.S. FAA to brief international regulators on status of Boeing 737 MAX

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 Ups 20-Year Projection for Jet Demand in China by 5.2%

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.

China will need 8,090 new airplanes over next 20 years - Boeing

International panel to criticize U.S. FAA's Boeing 737 MAX approval process: WSJ

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.

FAA chief to meet with Boeing officials, test 737 MAX simulator

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.

How the 737 MAX Grounding Affects United Airlines Stock

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.

EU seeks plane subsidy deal, but U.S. not talking - bloc's trade chief

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.

Saudi Oil Attack Could Impact Airline Stocks

A sudden increase in the fuel cost due to the Saudi oil attack could have a massive impact on airlines’ profitability in upcoming quarters.

Why one drone exec is thanking Trump for 'fast-tracking' aerial delivery

President Trump 'fast-tracked' the drone delivery industry, according to one executive, as Amazon, UPS and others enter the space.

Corrected: What needs to happen before Boeing's 737 MAX can fly again

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.

Ryanair cuts jobs, offers O'Leary a $111mln bonus

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.