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Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
chicagotribune.com/2024/04/25/southwest-hiring-american/
Quick Glance: Is Southwest Ending Free Seating?
- Southwest Airlines is seriously considering seating allocation and passenger boarding to enhance its financial performance.
- Unlike most other airlines, Southwest does not have a premium section with higher fares.
- The airline is closely examining customer preferences regarding seating and boarding processes.
- Experts believe that Southwest could potentially earn a significant amount of money by introducing assigned seating.
FAA probes union claims Boeing retaliated against two engineers in 2022
reut.rs/3w61IsN
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
- Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.
- The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.
- Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.
- Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
Air China to Buy 100 Locally Made C919 Jets in $11 Billion Deal: Air China will buy 100 Comac C919 jets in a deal valued at $10.8 billion based on list prices ...
bloomberg.com/news/articles/2024-04-26/air-china-to-buy-100-locally-made-c919-jets-in-11-billion-deal
Boeing (BA) Still Has Wall Street Boosters Amid Cascade of Setbacks: For a company that has been in crisis mode for as long as Boeing Co., the planemaker has ...
bloomberg.com/news/articles/2024-04-23/boeing-ba-still-has-wall-street-boosters-amid-cascade-of-setbacks
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Boeing: 787 Production-Quality Issues No Threat To In-Service Fleet: Boeing execs are confident reviews of fuselage gap and smoothness issues that slowed ...
aviationweek.com/air-transport/aircraft-propulsion/boeing-787-production-quality-issues-no-threat-service-fleet
Buttigieg says Boeing must meet FAA quality plan before raising 737 MAX output: U.S. Transportation Secretary Pete Buttigieg said on Wednesday that Boeing must ...
reuters.com/business/aerospace-defense/buttigieg-says-boeing-must-meet-faa-quality-plan-before-raising-737-max-output-2024-04-24/
Fitch downgrades Boeing's outlook to 'negative' on production, cashflow challenges
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NASA astronauts, Butch Wilmore and Suni Williams, arrive in Florida for Boeing's first human spaceflight
apnews.com/article/boeing-space-capsule-starliner-astronauts-nasa-4742d2759c51d63c0d2ec9cbf93fce25
Airbus Lifts A350 Jet Output, Highlighting Edge Over Boeing: Airbus SE will further increase production of its advanced A350 widebody jet as the planemaker ...
bloomberg.com/news/articles/2024-04-25/airbus-lifts-output-for-a350-highlighting-edge-over-rival-being
Boeing’s (BA) Credit Rating Slashed by Moody’s to to Baa3, One Step From Junk: Moody’s Ratings downgraded Boeing Co.’s credit score to one notch from junk as ...
bloomberg.com/news/articles/2024-04-24/moody-s-slashes-boeing-s-credit-rating-to-one-step-from-junk
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American Airlines Stock, Southwest Diverge. Boeing Casts Shadow Over Q1 Earnings.
investors.com/news/american-airlines-stock-southwest-airlines-stock-earnings/
Boeing Credit Outlook Gets Gloomier as Fitch Also Turns Negative: Fitch Ratings became the third major credit grader to turn pessimistic on Boeing Co ...
bloomberg.com/news/articles/2024-04-26/boeing-credit-outlook-gets-gloomier-as-fitch-also-turns-negative
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Southwest Airlines Earnings Are Likely to Reveal Its True Exposure to Boeing: Southwest Airlines' earnings may be dominated by its reliance on Boeing and ...
barrons.com/articles/southwest-airlines-earnings-stock-price-4f6481b2
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Bubble Tea IPO Drains Dregs of Optimism From Hong Kong: Hi, it’s Pei Li in Hong Kong, where a Chinese bubble tea maker just made its much-anticipated trading ...
bloomberg.com/news/newsletters/2024-04-23/bubble-tea-ipo-drains-dregs-of-optimism-from-hong-kong
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Alaska Airlines May Opt To Cull Future Boeing Deliveries: Alaska Air Group is unsure how many aircraft it will receive from Boeing in 2024.
aviationweek.com/air-transport/airlines-lessors/alaska-airlines-may-opt-cull-future-boeing-deliveries
S&P slashes Boeing credit outlook as rating hovers above junk status: Boeing's credit rating was under pressure for the second time this week as S&P brought them ...
reuters.com/business/aerospace-defense/sp-revises-outlook-boeing-negative-2024-04-25/
Boeing’s Revival Roadmap Put to Test by Dwindling Time and Cash: Boeing Co.’s assurance that it can pull itself together in the next three months is giving rise ...
trib.al/BuwYdMY
United Airlines Stock Rises as Profit Forecast Tempers Boeing Concerns (UAL, BA): United Airlines Holdings Inc.’s shares rose after the carrier forecast ...
bloomberg.com/news/articles/2024-04-16/united-airlines-cuts-2024-aircraft-plan-amid-growth-challenges
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Quick Glance: United Airlines cuts 2024 aircraft delivery plan
- United Airlines has reduced its aircraft delivery expectations for the year due to Boeing delays.
- The company plans to lease 35 Airbus A321neos in 2026 and 2027.
- United Airlines incurred a $200 million loss due to the temporary grounding of the Boeing 737 Max 9 in January.
- The company exceeded Wall Street's expectations for the first quarter.
Ryanair CEO Urges Leadership Continuity at Boeing During Crisis: Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said Boeing Co ...
bloomberg.com/news/articles/2024-04-24/ryanair-ceo-urges-leadership-continuity-at-boeing-during-crisis
Reuters World News: Trump's foreign courters, and other top stories: The US Senate approves a bill to ban TikTok unless it’s sold by its Chinese owner ByteDance.
reut.rs/3Qjjfo7
Embraer (ERJ) Emerges as Brazil’s Best Stock on Orders Flow: Embraer SA’s push into a market long dominated by Boeing Co. and Airbus SE is bearing fruit in ...
bloomberg.com/news/articles/2024-04-17/jet-maker-embraer-emerges-as-brazil-s-best-stock-on-orders-flow
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Reuters World News: Trump's foreign courters, and other top stories: The US Senate approves a bill to ban TikTok unless it’s sold by its Chinese owner ByteDance.
reut.rs/3Qjjfo7
Boeing makes its largest-ever sustainable aviation fuel purchase : US planemaker Boeing has announced it has made its largest ever the largest sustainable ...
aerotime.aero/articles/boeing-makes-its-largest-ever-sustainable-aviation-fuel-purchase
Boeing Under Pressure From FAA, Capitol Hill, Wall Street Over Latest 737 Issue: As Boeing faces two hearings on Capitol Hill and an earnings report ...
bloomberg.com/news/articles/2024-04-18/boeing-under-pressure-from-faa-capitol-hill-wall-street-over-latest-737-issue
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Boeing whistleblower says 787 fleet should be grounded: Boeing engineer Sam Salehpour said in a Tuesday interview that he thinks all 787 jets should be grounded ...
thehill.com/homenews/4598076-boeing-whistleblower-says-787-fleet-should-be-grounded/
Boeing expects slower increase in 787 production rate and deliveries, memo says: Boeing expects a slower increase in the production rate and deliveries of its ...
reuters.com/business/aerospace-defense/boeing-expects-slower-increase-787-rate-production-deliveries-memo-2024-04-22/
Boeing buys GKN factory in Hazelwood, saving 550 jobs: Boeing’s deal for GKN Aerospace’s Hazelwood plant comes at a crucial moment for the defense contractor and ...
stltoday.com/news/local/business/boeing-buys-gkn-factory-in-hazelwood-saving-550-jobs/article_536ed6de-01b4-11ef-af1b-ffbd0896f85c.html
🔊 Beleaguered Boeing faces tough investor questions as it reports results. Listen to @davidshepardson with insights on the planemaker's turbulent first quarter
reut.rs/4d9SrAB
Boeing Stock Is Losing Altitude. It Needs To Find New Support.: The outlook for Boeing shares is hazy as it completes an epic 11-day losing streak ...
barrons.com/articles/boeing-stock-support-11d32050
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Boeing Earnings: Planemaker Is Burning Through Its Cash. That’s Good.: The planemaker is finally willing to spend what it takes to fix its supply chain and ...
bloomberg.com/opinion/articles/2024-04-24/boeing-earnings-planemaker-is-burning-through-its-cash-that-s-good
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Delta Airlines Boeing Jet Makes Emergency Return After Slide Falls Off Plane: The plane was about an hour on its way to Los Angeles when it was forced to turn ...
thedailybeast.com/delta-airlines-boeing-jet-makes-emergency-return-after-slide-falls-off-plane
Boeing’s $3.9 billion cash burn adds urgency to revival plan: Boeing ended the reporting period with $7.5 billion in cash and short-term securities ...
bloomberg.com/news/articles/2024-04-24/boeing-s-3-9-billion-cash-burn-adds-urgency-to-quality-reboot
Guess what: Boeing can be spelled without G and E: Boeing’s problems are now as big as its 747 jumbo-jet. Years of dubious decisions have eroded much of the ...
reuters.com/breakingviews/guess-what-boeing-can-be-spelled-without-g-e-2024-04-17/
Boeing claims no findings of fatigue on older 787 jets ahead of whistleblower testimony
reut.rs/3VUBcgx
New Boeing Whistleblower Claims 787 Fuselage Could Fall Apart Midflight: "That's not how you build a plane," the engineer told reporters Tuesday.
huffpost.com/entry/boeing-whistleblower-787-fuselage_n_6616a1a1e4b0c01a9ee426a6
Quick Glance: Boeing Whistleblower Warns of 787 Fuselage Failure
- The Federal Aviation Administration is investigating a Boeing engineer’s claims that the company took manufacturing shortcuts on two wide-body jets, with potentially catastrophic outcomes.
- Sam Salehpour went public in a New York Times story, describing how he believes sections of the 787 Dreamliner fuselage are improperly fastened together.
- Salehpour’s allegations are the latest dip in a turbulent period for the airplane manufacturing giant, which has been dealing with other issues including past crashes and quality control problems.
United In Trouble Over Unauthorized Inflight Cockpit Visitor: United Airlines pilots reportedly let an unauthorized passenger into the flight deck while a 757 ...
onemileatatime.com/news/united-unauthorized-inflight-cockpit-visitor/
Air New Zealand Working ‘Constructively’ With Boeing, Chair Says: Air New Zealand Ltd. will “work constructively” with Boeing Co. to secure its 787 Dreamliners ...
bloomberg.com/news/articles/2024-04-16/air-new-zealand-working-constructively-with-boeing-chair-says
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Delta Boeing 767 leaving JFK called back after emergency slide falls off: A Delta Airlines Boeing 767 flying out of JFK Airport had to turn back and make an ...
nydailynews.com/2024/04/26/delta-boeing-767-leaving-jfk-called-back-after-emergency-slide-falls-off/
Amid schedule uncertainty, Boeing will shed workers on SLS rocket program: "Boeing is reviewing and adjusting current staffing levels."
arstechnica.com/space/2024/04/amid-schedule-uncertainty-boeing-will-shed-workers-on-sls-rocket-program/
Safran posts higher Q1 revenue, keeps financial targets: French jet engine maker Safran posted an 18.1% year-on-year increase in first-quarter revenue and ...
reuters.com/business/aerospace-defense/safran-posts-higher-q1-revenue-keeps-financial-targets-2024-04-26/
Air New Zealand Cuts Chicago Flights Through Late 2025: Air New Zealand is suspending its Auckland to Chicago flight all the way through late 2025 ...
onemileatatime.com/news/air-new-zealand-cuts-chicago-flights/
Boeing claims no findings of fatigue on older 787 jets ahead of whistleblower testimony
reut.rs/3U0awsf
Boeing to face questions on potential CEO candidates, Spirit talks
reuters.com/business/aerospace-defense/boeing-face-questions-potential-ceo-candidates-spirit-talks-2024-04-22/
Boeing retaliated against its own engineers working for FAA, union says: Boeing's engineering union alleges management retaliated against two engineers ...
seattletimes.com/business/boeing-aerospace/boeing-retaliated-against-its-own-engineers-working-for-faa-union-says/
Boeing hit after new whistleblower raises safety concerns: Boeing shares dropped almost 2% after concerns were raised over its 787 and 777 jets.
bbc.com/news/business-68775413
Red Lobster could file for bankruptcy soon: Private deliberations are ongoing and a final decision has not yet been finalized
qz.com/red-lobster-chapter-11-bankruptcy-express-1851416906
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Quick Glance: Red Lobster Considers Bankruptcy
- The seafood chain Red Lobster is exploring a potential Chapter 11 filing to restructure its debts, based on insider insights.
- Legal guidance for Red Lobster is provided by King & Spalding. The restaurant chain is contemplating terminating long-term contracts and renegotiating a variety of leases.
- A sign reading “Open For Takeout & Free Delivery” is displayed outside a Red Lobster establishment in Secaucus, New Jersey, USA.
- Established in 1968 in Lakeland, Florida, Red Lobster started with a single restaurant. The introduction of their famous cheese-flavored biscuits occurred in 1992, and the chain now operates hundreds of locations in the US, Canada, and international franchises.
Boeing whistleblowers say Boeing retaliates against whistleblowers: Employees are afraid to speak up about what they see as safety lapses at the company ...
qz.com/boeing-whistleblowers-retaliation-1851405873
Boeing’s Spirit AeroSystems talks hit snag over Airbus: Boeing's plan to buy back supplier Spirit AeroSystems has become mired in protracted discussions over ...
bloomberg.com/news/articles/2024-04-23/boeing-bid-for-spirit-aerosystems-hits-snag-over-airbus-assets
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While Boeing Takes A Beating, This Aerospace Stock Takes Flight: While Boeing continues to flounder, fellow aerospace peer Heico has just launched a breakout ...
investors.com/research/breakout-stocks-technical-analysis/heico-stock-boeing-stock/
Tesla, Texas Instruments, Enphase Energy, Boeing, Meta Platforms, and More Stock Market Movers
on.barrons.com/3UbGfGQ
Stock Market Today: Stocks Run Out of Steam Ahead of Meta Earnings: The Dow Jones Industrial Average snapped a four-day winning streak after Boeing's ...
kiplinger.com/investing/stocks/stock-market-today-stocks-run-out-of-steam-ahead-of-meta-earnings
US Senate committee to hold hearing on Boeing safety culture report: The U.S. Senate Commerce Committee said on Thursday it would hold a hearing next week with ...
reuters.com/business/aerospace-defense/us-senate-committee-hold-hearing-boeing-safety-culture-report-2024-04-12/
Guess what: Boeing can be spelled without G and E: Boeing’s problems are now as big as its 747 jumbo-jet. Years of dubious decisions have eroded much of the ...
reut.rs/3xGMjQd
Opinion | The Boeing Just-So Story: Aviation romantics aren’t helping a troubled company get back on track.
wsj.com/articles/the-boeing-just-so-story-flight-travel-2b239a61
Boeing’s long fall, and how it might recover: The intense backlash against Boeing after the near catastrophe aboard an Alaska Airlines 737 Max in January wasn’t ...
columbian.com/news/2024/apr/14/boeings-long-fall-and-how-it-might-recover/
Boeing rival Airbus just hired JetBlue's former CEO to run its North American business
qz.com/airbus-robin-hayes-jetblue-boeing-north-american-ceo-1851426790
Boeing executives got twice as much in plane perks as the company said: The plane manufacturer disclosed that its C-suite got more than $500 ...
qz.com/boeing-executives-private-plane-wsj-1851404583
KLM 787-10 moving at over 200km/h aborts takeoff due to LOT 787 still on runway: A KLM Boeing 787-10 pilot was forced to abort takeoff after a LOT Polish ...
aerotime.aero/articles/klm-dreamliner-lot-toronto-airport
Alaska Airlines briefly grounds all flights due to technical issue: Alaska Airlines briefly grounded all flights Wednesday due to a technical issue ...
apnews.com/article/alaska-airlines-flights-grounded-boeing-94da244ece3c2ceff2a98e8213ef24c4
Boeing wants to have flying cars by 2030: A company executive revealed the plans in a new interview
qz.com/boeing-wisk-autonomous-flying-cars-asia-2030-1851420651
Airbus CFO says A350 plane production increase not tied to Boeing troubles: Airbus is ramping up production of its A350 aircraft because of consumer demand and ...
cnbc.com/2024/04/26/airbus-cfo-says-a350-plane-production-increase-not-tied-to-boeing-troubles.html
Boeing Engineer Says Company Used Shortcuts to Fix 787 Jets: Complaint to regulators says the company dismissed quality and safety concerns during production of ...
on.wsj.com/3PVyx2u
NTSB conducting new interviews with Boeing on 737 MAX 9 door plug probe: The National Transportation Safety Board is conducting a new round of interviews with ...
reut.rs/3TRrTLO
Quick Glance: NTSB's Investigation Update on Boeing 737 MAX 9 Door Plug Incident
- The National Transportation Safety Board is conducting a new round of interviews with Boeing and the Federal Aviation Administration this week as part of its probe into the in-flight emergency on the Alaska Airlines 737 MAX 9 in January.
- NTSB Chair Jennifer Homendy revealed that investigators were back at the 737 plant in Renton, Washington, this week for more interviews.
- Boeing has declined to comment on the interviews, stating that required documents detailing the removal of the door plug in the Alaska Airlines plane were never created.
- The NTSB plans to hold a public investigative hearing regarding the Alaska Airlines incident in August, which will include testimony from employees at Boeing, fuselage manufacturer Spirit AeroSystems, and others like Alaska Airlines.
Boeing Whistleblower Sounds the Alarm: A Boeing engineer called for the entire 787 fleet to be grounded due to safety issues.
newsweek.com/boeing-whistleblower-safety-issues-alarm-senate-hearing-1891134
Chilean report into LATAM Airlines flight plunge finds ‘involuntary movement forward’ from pilot’s seat
cnn.com/2024/04/17/americas/chile-aviation-report-pilot-seat-intl-latam/
New Lufthansa Allegris Business Class Launching May 2024: Lufthansa's new Allegris business class product will launch as of May 1, 2024. Here are the routes out ...
onemileatatime.com/news/new-lufthansa-business-class/
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United Airlines Earnings Land Today. Boeing Is Just One Issue the Stock Faces.: United Airlines stock has fallen 14% since the beginning of April ...
barrons.com/articles/united-airlines-earnings-stock-price-3c51ddbd
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Exclusive: Southwest's expected 2024 Boeing jet deliveries keep shrinking, sources say
reuters.com/business/aerospace-defense/southwests-expected-2024-boeing-jet-deliveries-keep-shrinking-sources-say-2024-04-11/
Spirit Airlines Delays Airbus Deliveries to Boost Liquidity. It Could Help Boeing-Exposed Carriers.
barrons.com/articles/spirit-airlines-airbus-deliveries-boeing-ab4474d8
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Airbus just confirmed it will leave Boeing in the dust this year: It's not expecting to deal with any of the production slowdowns that have plagued its American ...
qz.com/airbus-boeing-plane-delivery-expectations-1851400965
Boeing prosecutors aim to decide on criminal charge by early June: The US Justice Department could decide by the first week of June whether to tear up its ...
dailymaverick.co.za/article/2024-04-25-boeing-prosecutors-aim-to-decide-on-criminal-charge-by-early-june/
UPS requires over 300 pilots after winning US Postal Service contract from FedEx: UPS is looking to hire more than 300 pilots after the company secured a ...
aerotime.aero/articles/ups-pilots-recruit-usps
Chinooks over Duisburg again and again: what's behind it all: The "Koniklijke Luchtmacht" flew over Duisburg several times with the Boeing Chinook CH-47F ...
waz.de/staedte/duisburg/article242056990/Immer-wieder-Chinooks-ueber-Duisburg-Das-steckt-dahinter.html
West Asia crisis: US deploys ‘CHAMP’ missile that can FRY Iranian nuclear equipment
wionews.com/world/west-asia-crisis-us-deploys-champ-missile-that-can-fry-iranian-nuclear-equipment-713342
GE Aerospace Stock Rises. It’s Getting Some Tailwind From Boeing’s 737 MAX Problems.
barrons.com/articles/ge-aerospace-stock-boeing-737-e832292d
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'Seattle Times' Finally Admits Mudede Was Right About Boeing's Downfall: Why was Charles so right about this bad business in the first place?
thestranger.com/transportation/2024/04/09/79460588/seattle-times-admits-mudede-was-right-about-boeings-downfall
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