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Boeing Co (BA.N)

BA.N on New York Stock Exchange

352.78USD
22 May 2019
Change (% chg)

$-5.97 (-1.66%)
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Latest Key Developments (Source: Significant Developments)

Heroux-Devte Gets Landing Gear Supply Agreement For Boeing's F/A-18 Program
Tuesday, 21 May 2019 

May 21 (Reuters) - Heroux Devtek Inc ::HEROUX-DEVTEK FIRMS UP LANDING GEAR SUPPLY AGREEMENT FOR BOEING'S F/A-18 PROGRAM AND EXPANDS SCOPE TO BOEING'S ADVANCED F-15 PROGRAM, SPARE PARTS AND SERVICES.HEROUX DEVTEK - EXTENDED SCOPE WILL ALSO INCLUDE SUPPLY OF SPARE PARTS, AFTERMARKET SERVICES FOR BOTH DEFENSE AIRCRAFT PROGRAMS.HEROUX DEVTEK INC - DEAL FOR SUPPLY OF SPARE PARTS AND AFTERMARKET SERVICES FOR DEFENSE AIRCRAFT PROGRAMS COVERS A PERIOD OF PERFORMANCE OF FIVE YEARS.  Full Article

Airbus says aviation industry not at end of cycle
Tuesday, 21 May 2019 

May 21 (Reuters) - Airbus ::PROGRAMMES CHIEF, ASKED ABOUT PROPOSED NEW A321XLR JET, SAYS WHENEVER AIRLINES ASK FOR MORE RANGE WE INVESTIGATE AND THIS IS THE PHASE WE ARE IN.PROGRAMMES CHIEF SAYS ALREADY WORKING ON NEXT SINGLE-AISLE PROGRAMME.PROGRAMMES CHIEF SAYS WILL BE READY FOR NEXT SINGLE-AISLE PROGRAMME WHEN THERE IS A NEED FOR IT.SALES CHIEF SAYS PRODUCT STRATEGY NOT INFLUENCED BY CURRENT BOEING SITUATION.SALES CHIEF SAYS A350 PRODUCTION OF 10/MONTH IS APPROPRIATE FOR FORESEEABLE FUTURE.SALES CHIEF SAYS BOEING 737 MAX CRISIS HAS HAD NO IMPACT ON AIRCRAFT DEMAND, AIRBUS HAS NOT CHANGED COMMERCIAL STANCE.SALES CHIEF SEES NO IMMEDIATE NEED TO INCREASE SIZE OF A350 BUT HAS ABILITY TO GROW CAPACITY AND RANGE IN FUTURE.SALES CHIEF SAYS DOES NOT WANT TO FLOOD THE MARKET WITH SINGLE-AISLE JETS.SALES CHIEF SAYS AIRCRAFT SALES CONSTRAINED BY PRODUCTION CAPACITY.SALES CHIEF SAYS INCREASED TAKE-OFF WEIGHT ON A220 JET ADDS 450 MILES RANGE.SALES CHIEF SAYS FOCUS IS ON MANAGING ORDER BOOK AFTER SEVERAL YEARS OF BOOK-TO-BILL RATIO ABOVE 1.SALES CHIEF SAYS DOES NOT BELIEVE AVIATION INDUSTRY IS AT THE END OF ITS CYCLE.  Full Article

Temasek Holdings (Private) Ltd Dissolves Share Stake In Boeing
Wednesday, 15 May 2019 

May 15 (Reuters) - TEMASEK HOLDINGS (PRIVATE) LTD ::TEMASEK HOLDINGS (PRIVATE) LTD DISSOLVES SHARE STAKE IN BOEING - SEC FILING.TEMASEK HOLDINGS (PRIVATE) LTD - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2019 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DECEMBER 31, 2018.  Full Article

Embraer Reports Q1 Loss Per ADS of $0.23
Wednesday, 15 May 2019 

May 15 (Reuters) - Embraer SA ::EMBRAER EARNINGS RESULTS 1ST QUARTER 2019.EMBRAER SA - EMBRAER DELIVERED 11 COMMERCIAL JETS AND 11 EXECUTIVE JETS (8 LIGHT / 3 LARGE) IN 1Q19.EMBRAER SA - QTRLY ADJUSTED LOSS PER ADS OF US$0.34.EMBRAER SA - 1Q19 LOSS PER ADS WERE US$ 0.23.EMBRAER SA - COMPANY REAFFIRMS ALL ASPECTS OF ITS 2019 FINANCIAL AND DELIVERIES GUIDANCE.EMBRAER - CLOSE OF DEAL BETWEEN BOEING & CO REMAINS SUBJECT TO REGULATORY APPROVALS & OTHER CUSTOMARY CLOSING CONDITIONS, EXPECTED BY END OF 2019.EMBRAER SA - QTRLY IFRS REVENUE $823.3 MILLION VERSUS $960.3 MILLION.  Full Article

TUI CEO Says Talking To Boeing About Compensation For 737 MAX Grounding
Tuesday, 14 May 2019 

May 15 (Reuters) - Tui TUIT.L::TUIGN.DE CEO SAYS WE ARE TALKING TO BOEING ABOUT COMPENSATION FOR 737 MAX GROUNDING, DETAILS ARE PRIVATE.TUIGN.DE CEO SAYS WE WON'T TAKE ORDERS OF 737 MAX PLANES UNTIL THERE IS CLARITY, CANCELLATION OF ORDER IS A SEPARATE ISSUE TO BE CONSIDERED IN DUE COURSE.TUIGN.DE CEO SAYS WE ARE AN ACTIVE OBSERVER IN INDUSTRY CONSOLIDATION BUT NOT LOOKING FOR BIG-SCALE MOVES.TUIGN.DE CEO SAYS ASSUMES THAT NORMAL MODUS OPERANDI WILL RESUME WHEN 737 MAX GROUNDING ENDS.TUIGN.DE CEO SAYS ON AVERAGE AROUND 60% SOLD FOR THE SUMMER, SLIGHTLY BELOW LAST YEAR.  Full Article

Boeing Says Gross Orders Through April 30, 2019 Were 99
Tuesday, 14 May 2019 

May 14 (Reuters) - Boeing Co ::BOEING - NET ORDERS THROUGH APRIL 30, 2019 WERE 87.BOEING - TOTAL DELIVERIES THROUGH APRIL 2019 WERE 172.BOEING - TOTAL ORDERS FOR APRIL 2019 WERE 4 BY UNIDENTIFIED CUSTOMER(S) FOR 737 MAX.BOEING - FOUR 737 MAX ORDERS WERE DATED APRIL 26, 2019.BOEING - TOTAL DELIVERIES FOR APRIL 2019 WERE 23.BOEING - GROSS ORDERS THROUGH APRIL 30, 2019 WERE 99.  Full Article

U.S. FAA Saw Boeing 737 Max Flight-Control System As Non-Critical Safety Risk - WSJ
Tuesday, 14 May 2019 

May 14 (Reuters) - :U.S. FAA SAW BOEING 737 MAX FLIGHT-CONTROL SYSTEM AS NON-CRITICAL SAFETY RISK - WSJ.DURING CERTIFICATION PROCESS, BOEING DIDN’T FLAG AUTOMATED STALL-PREVENTION FEATURE AS SYSTEM WHOSE MALFUNCTION COULD CAUSE CATASTROPHIC EVENT - WSJ, CITING OFFICIALS.  Full Article

Air Canada Reports Q1 Earnings Per Share At C$1.26
Monday, 6 May 2019 

May 6 (Reuters) - Air Canada ::REPORTS FIRST QUARTER RESULTS.Q1 ADJUSTED EARNINGS PER SHARE C$0.06.Q1 GAAP EARNINGS PER SHARE C$1.26.QTRLY OPERATING REVENUE C$4,453 MILLION VERSUS C$4,071 MILLION.AIR CANADA'S QTRLY COST PER AVAILABLE SEAT MILE (CASM) INCREASED 3.7 PER CENT FROM Q1 OF 2018.AIRLINE'S QTRLY ADJUSTED CASM INCREASED 3.2 PER CENT OVER SAME QUARTER IN 2018.FINANCIAL GUIDANCE PROVIDED FOR YEARS 2020 & 2021 WITH RESPECT TO ANNUAL EBITDA MARGIN AND ANNUAL ROIC REMAINS IN PLACE.FINANCIAL GUIDANCE FOR CUMULATIVE FREE CASH FLOW OVER 2019-2021 PERIOD REMAINS IN PLACE.GROUNDING OF BOEING 737 MAX AIRCRAFT RESULTED IN UNEXPECTED REMOVAL OF 24 AIRCRAFT FROM OUR FLEET DURING THE LAST 18 DAYS OF QUARTER.Q1 REVENUE VIEW C$4.39 BILLION -- REFINITIV IBES DATA.PRICE OF JET FUEL WILL AVERAGE 85 CANADIAN CENTS PER LITRE IN Q2 AND 84 CANADIAN CENTS PER LITRE FOR 2019.  Full Article

Faa Says Earlier Communication From Boeing To Airlines On Angle Of Attack Cockpit Displays Would Have Helped To Reduce Or Eliminate Confusion
Sunday, 5 May 2019 

Boeing Co ::FAA SAYS EARLIER COMMUNICATION FROM BOEING TO AIRLINES ON ANGLE OF ATTACK COCKPIT DISPLAYS WOULD HAVE HELPED TO REDUCE OR ELIMINATE CONFUSION.  Full Article

Boeing Says On May 2, 2019, Co Issued $3.5 Bln In Aggregate Principal Amount Of Senior Notes
Thursday, 2 May 2019 

May 2 (Reuters) - Boeing Co ::BOEING - ON MAY 2, 2019, CO ISSUED $3.5 BILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES.  Full Article

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FAA chief has no timetable for Boeing 737 MAX approval

FORT WORTH, Texas/MONTREAL The acting head of the Federal Aviation Administration said on Wednesday he does not have a specific timetable to approve Boeing Co's 737 MAX for flight after two fatal crashes since October prompted the plane to be grounded worldwide.