Spirit AeroSystems said on Tuesday that Boeing will pay a total of up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn cash after four consecutive years of losses.
EL SEGUNDO, Calif. , Nov. 12, 2024 /PRNewswire/ -- Millennium Space Systems, a Boeing (NYSE: BA) company, completed two spacecraft for NASA's Tandem Reconnection and Cusp Electrodynamics Reconnaissance Satellites, or TRACERS, mission, which will measure the connection between solar wind and the magnetic field surrounding Earth.
Avia Solutions Group, which leases aircraft and provides related services, has ordered 40 Boeing 737 Max 8 jets, with an option to order 40 additional jets, the companies said in a joint statement on Tuesday.
SEATTLE , Nov. 12, 2024 /PRNewswire/ -- Boeing [NYSE: BA] and Avia Solutions Group, the world's largest ACMI (aircraft, crew, maintenance, insurance) provider, today announced its first order with the company for 40 737-8s, with the potential to order 40 more later. Avia Solutions Group has 11 air operator certificates (AOC) including Avion Express, Smartlynx, Klasjet, Air Explore, BBN, Ascend ...
Boeing secured its first order since the end of a seven-week strike. Avia Solutions Group, which leases planes to airlines, ordered 80 Boeing 737 Max jets.
Boeing Co (NYSE:BA, ETR:BCO)'s head of quality for commercial airplanes Elizabeth Lund will be retiring in December, the airplane manufacturer said on Monday. A longtime executive at Boeing, Lund in February was appointed to the new position of senior vice president of quality for commercial planes, a position created after the January 5 mid-air panel blowout on an Alaska Airlines 737 MAX 9.
Boeing's preferred stock offers a 5.6% yield with dividends paid quarterly starting January 2025. But mandatory conversion by October 2027 limits long-term income appeal. The investment case hinges on Boeing's common stock price and interest rates, with potential price upside if common stock reaches analyst targets. Current preferred stock trades at $53.54, with potential for 50% upside if inte...
Boeing Commercial Airplanes quality chief Elizabeth Lund -- who has spearheaded the planemaker's improvement plans -- will retire in December, the company said Monday.
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