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Boeing Co (BA.N)

BA.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Boeing To Make Optional Warning Light Standard On 737 MAX - Sources
3:29pm GMT 

March 21 (Reuters) - :BOEING TO MAKE OPTIONAL WARNING LIGHT STANDARD ON 737 MAX AIRCRAFT AND RETROFIT EXISTING PLANES – SOURCES.BOEING WILL MANDATE THE ANGLE OF ATTACK DISAGREE ALERT, WHICH NOTIFIES PILOTS WHEN SENSOR READINGS DO NOT MATCH – SOURCES.  Full Article

Fitch Says No Negative Impact On Aircraft ABS From 737 Max Grounding
1:11pm GMT 

March 21 (Reuters) - FITCH::FITCH SAYS NO NEGATIVE IMPACT ON AIRCRAFT ABS FROM 737 MAX GROUNDING.FITCH SAYS TEMPORARY GROUNDING OF BOEING'S 737 MAX NOT EXPECTED TO HAVE NEGATIVE IMPACT ON PERFORMANCE OF OUTSTANDING AIRCRAFT ABS AS NONE OF THE AIRCRAFT HAVE BEEN SECURITIZED TO DATE.FITCH SAYS SMALLER & FINANCIALLY WEAKER AIRLINES WITH LARGE EXPOSURE TO BOEING'S 737 MAX AIRCRAFT COULD FACE DISRUPTION ISSUES, INCLUDING LOST REVENUE.FITCH SAYS WHILE NO BOEING MAX AIRCRAFT HAVE BEEN SECURITIZED, AIRLINES THAT FLY THEM ARE INCLUDED IN ABS POOLS.FITCH SAYS DOES NOT EXPECT BOEING 737 MAX GROUNDING TO RESULT IN MATERIAL FINANCIAL STRESS TO AIRLINES LESSEES.FITCH SAYS EXPECT AIRLINES WITH LARGE EXPOSURE TO MAX AIRCRAFT TO PURSUE COMPENSATION FROM BOEING TO OFFSET COSTS INCURRED.FITCH SAYS BELIEVES RISK OF BOEING 737 MAX GROUNDING CAUSING AIRLINE DEFAULTS IN ABS POOLS IS LIMITED.FITCH SAYS MAX GROUNDINGS COULD POTENTIALLY DRIVE DEMAND, LEASE RATES, VALUES OF CEOS & NGS AS RESULT OF AIRLINES SEEKING REPLACEMENT AIRCRAFT IN NEAR TERM.FITCH SAYS IF INVESTIGATION FINDINGS RESULT IN PROLONGED MAX GROUNDING, ABS TRANSACTIONS WITH NEAR-TERM MATURITY/OFF LEASE NARROWBODY AIRCRAFT MAY BENEFIT.  Full Article

U.S. Probed Boeing 737 Max Software And Pilot Manuals Last Year - Bloomberg
3:21am GMT 

March 20 (Reuters) - :U.S. PROBED BOEING 737 MAX SOFTWARE AND PILOT MANUALS LAST YEAR; AGENTS BEGAN INVESTIGATING MCAS WEEKS AFTER LION AIR CRASH - BLOOMBERG.  Full Article

SWAPA Provides Update On Issues Related To Ethiopian Airlines Flight 302 And Lion Air Flight 610
2:43am GMT 

March 20 (Reuters) - SWAPA: :SOUTHWEST AIRLINES PILOTS ASSOCIATION- UPDATE ON RECENT ISSUES RELATED TO ETHIOPIAN AIRLINES FLIGHT 302 AND LION AIR FLIGHT 610.SOUTHWEST AIRLINES PILOTS ASSOCIATION (SWAPA)- BOEING CONTINUING DEVELOPMENT, TESTING OF A SOFTWARE UPDATE AND ENHANCEMENT OF ISSUES RELATED TO MCAS.SOUTHWEST AIRLINES PILOTS ASSOCIATION SAYS WORKING WITH SOUTHWEST, BOEING, OTHER PILOT UNIONS AND THE FAA TO TEST AND VALIDATE BOEING'S SOFTWARE UPDATE.BOEING WILL ADD REDUNDANCY AND OTHER LIMITS TO MCAS.FLIGHT OPERATIONS AND SWAPA PREVIEWED BOEING PROPOSED COMPUTER-BASED TRAINING, WHICH WILL REQUIRE A TEST AT CONCLUSION.SWAPA AND FLIGHT OPERATIONS FEEL NEED TO ENHANCE UPCOMING FAA-MANDATED TRAINING WITH ADDITIONAL INFORMATION.SOUTHWEST AIRLINES PILOTS ASSOCIATION-SOUTHWEST WILL RECEIVE FIRST MAX SIMULATOR THIS JULY & SHOULD BE CERTIFICATED & READY FOR USE BY ABOUT OCTOBER.HIGHLY RECOMMENDS THAT RUNAWAY STABILIZER CHECKLIST SHOULD, ONCE AGAIN, BE AN IMMEDIATE ACTION/MEMORY ITEM.  Full Article

Boeing Receives U.S. Navy Multiyear Contract For F/A-18 Production
Wednesday, 20 Mar 2019 

March 20 (Reuters) - Boeing Co ::BOEING - RECEIVES U.S. NAVY MULTIYEAR CONTRACT FOR F/A-18 PRODUCTION.BOEING - MULTI-YEAR CONTRACT VALUED AT APPROXIMATELY $4 BILLION.  Full Article

Honeywell CEO Darius Adamczyk On Boeing's 737 Max Jets Says Haven't Seen Any Impact On Our Business - CNBC
Wednesday, 20 Mar 2019 

March 20 (Reuters) - Honeywell International Inc: :HONEYWELL CEO DARIUS ADAMCZYK ON BOEING'S 737 MAX JETS SAYS HAVEN'T SEEN ANY IMPACT ON OUR BUSINESS AT ALL - CNBC INTERVIEW.HONEYWELL CEO DARIUS ADAMCZYK SAYS 2019 GROWTH EXCEEDING EXPECTATIONS SO FAR.HONEYWELL CEO DARIUS ADAMCZYK SAYS BREXIT WON'T IMPACT BUSINESS IMMEDIATELY AS CO IS PREPARED FOR IT.  Full Article

Fitch Says Grounded 737 MAX Won't Negatively Affect Airport Credits
Tuesday, 19 Mar 2019 

March 19 (Reuters) - Fitch::FITCH SAYS GROUNDED 737 MAX WON'T NEGATIVELY AFFECT AIRPORT CREDITS.FITCH SAYS IMMEDIATE IMPACT TO AIRPORT TRAFFIC AND OPERATING REVENUES SHOULD BE MINIMAL TO EXTENT BOEING 737 GROUNDING IS TEMPORARY.FITCH SAYS RISKS TO AIR TRAVEL COULD BECOME MORE ACUTE IF GROUNDING EXTENDS INTO PEAK SPRING OR SUMMER TRAVEL SEASONS.FITCH SAYS HAS NOT OBSERVED SIGNIFICANT DISRUPTION IN AIR TRAVEL IN NORTH AMERICA, EMEA, APAC OR LATAM REGIONS FROM GROUNDING OF BOEING 737 MAX.FITCH SAYS PROLONGED BOEING 737 MAX GROUNDING COULD AFFECT AIRLINES' PLANS FOR ADDING NEW ROUTES OR MAINTAINING PROFITABILITY ON EXISTING ROUTES.  Full Article

Westjet Suspends 2019 Financial Guidance In Light Of Boeing 737 Max Grounding
Monday, 18 Mar 2019 

March 18 (Reuters) - WestJet Airlines Ltd ::WESTJET SUSPENDS 2019 FINANCIAL GUIDANCE IN LIGHT OF BOEING 737 MAX GROUNDING.IT IS SUSPENDING ALL 2019 FINANCIAL GUIDANCE PROVIDED ON DECEMBER 4, 2018 AND FEBRUARY 5, 2019.FOR REMAINDER OF Q1 WESTJET EXPECTS IT WILL BE ABLE TO PROTECT APPROXIMATELY 86 PER CENT OF GUESTS BOOKED ON MAX FLIGHTS.FINANCIAL GUIDANCE FOR EPS, ROIC AND CUMULATIVE FREE-CASH FLOW OVER PERIOD OF 2020-2022 REMAINS IN PLACE.FOR REST OF Q1, EXPECTS TO BE ABLE TO COVER ABOUT 75 PER CENT OF FLIGHTS THAT WERE INTENDED TO OPERATE ON MAX WITH OTHER AIRCRAFT."CONTINUES TO IMPLEMENT AND EXECUTE ITS CONTINGENCY PLAN TO MINIMIZE GUEST DISRUPTION AND ANY FINANCIAL IMPACT".  Full Article

The U.S. Department Of Transportation Is Investigating The FAA'S Approval Of Boeing 737 Max Jetliners - WSJ
Monday, 18 Mar 2019 

March 17 (Reuters) - Boeing Co ::THE U.S. DEPARTMENT OF TRANSPORTATION IS INVESTIGATING THE FAA'S APPROVAL OF BOEING 737 MAX JETLINERS - WSJ.U.S. DEPARTMENT OF TRANSPORTATION'S INQUIRY INTO FAA'S APPROVAL OF BOEING 737 MAX JETLINERS WAS LAUNCHED AFTER OCTOBER'S LION AIR ACCIDENT - WSJ.  Full Article

U.S. FAA, Boeing Clash Over Pilot Training For 737 Max Software Fix - WSJ
Friday, 15 Mar 2019 

March 15 (Reuters) - :U.S. FAA, BOEING HAVE CLASHED OVER PILOT TRAINING FOR 737 MAX SOFTWARE FIX - WSJ, CITING SOURCES.U.S. FAA, BOEING AT ODDS OVER HOW MUCH PILOT TRAINING REQUIRED IN CONJUNCTION WITH COMING SOFTWARE FIX FOR 737 MAX JETS- WSJ, CITING SOURCES.  Full Article

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Ryanair's plans to order Boeing 737 MAX unchanged: executive

FRANKFURT Two deadly crashes involving Boeing's 737 MAX jet have not changed Ryanair's plans to buy the model, an executive of the Irish airline told Reuters on Thursday.