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Hope fading for new Boeing deal during US-China summit, sources say
Reuters1d agoneutral
Hope fading for new Boeing deal during US-China summit, sources say

SEATTLE, Sept 23 (Reuters) - Hopes for a new China commitment to buy Boeing planes are sinking ahead of a Thursday summit between the US and Chinese presidents, two people briefed on the matter said on Wednesday, with negotiations still in ‌flux. The planemaker instead is trying to finalize a May deal for China to buy 200 planes, rather than earlier hopes of securing new commitments ‌for hundreds more jets, the people said on condition of anonymity because the talks are private.

Investing.com4d agoneutral
What to expect from upcoming summit between Presidents Trump and Xi

Investing.com -- U.S. President Donald Trump and Chinese President Xi Jinping are set to meet in Washington on Sept. 24, with trade, tariffs, Taiwan, the Iran war, and artificial intelligence among the main issues expected to shape their second meeting this year, Reuters reported.

Boeing to divest tech ventures for stake in air-taxi startup
AFP45d agoneutral
Boeing to divest tech ventures for stake in air-taxi startup

Boeing announced an agreement Monday to divest its air taxi and two other technology ventures to Archer Aviation for a stake in the startup.In its May earnings release, Archer said it had completed the "phase three" of the Federal Aviation Administration's four-phase certification process for its Midnight air taxi vehicle.

FAA certifies Boeing's new 737 Max 7 jetliner for flight after years of delays
Associated Press52d agoneutral
FAA certifies Boeing's new 737 Max 7 jetliner for flight after years of delays

The Federal Aviation Administration on Monday approved the smallest model of Boeing's Max jetliners for commercial service nearly a decade after the aircraft manufacturer first unveiled the plane. Certification of the Boeing 737 Max 7 represents a milestone in the company's work to overcome years of safety, quality and production challenges. The long-delayed Max 7 is part of Boeing’s 737 family of commercial jets, which is the company's bestseller and has been at the center of its troubles.

Investing.com52d agoneutral
U.S. FAA approves 737 MAX-7 for production, sends Boeing shares up 5%

Investing.com -- The Federal Aviation Administration on Monday has approved the Boeing 737 MAX-7, issuing an amended type certificate and an updated Production Limitation Record following nearly a decade of technical review and safety assessments, sending shares of Boeing sharply up more than 5% in afternoon hours of trading.

Tech Earnings, Fed Rate Decision: What to Watch This Week
The Wall Street Journal58d agoneutral
Tech Earnings, Fed Rate Decision: What to Watch This Week

Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.

Investing.com65d agoneutral
Boeing pushes U.S. to look into EU loan to Airbus

Investing.com -- Boeing has requested the U.S. government to push the European Union for details about a €3 billion ($3.43 billion) loan package to Airbus, according to a Reuters report Tuesday. The move brings back potential trade tensions after the two sides extended a tariff truce over jet subsidies.

FAA nears certification of Boeing 737 MAX 7 and MAX 10
InvestorsHub66d agoneutral
FAA nears certification of Boeing 737 MAX 7 and MAX 10

Boeing (NYSE:BA) could soon receive Federal Aviation Administration approval for its 737 MAX 7 and 737 MAX 10 aircraft, with a senior FAA official indicating certification of both variants is approaching following an extensive regulatory review. Speaking to Reuters at the Farnborough International Airshow, Deputy FAA Administrator Chris Rocheleau said certification of the 737 MAX 7 is “literally around the corner,” with approval for the larger MAX 10 expected shortly afterward.

Boeing Notches Regulatory Milestone for Factories
The Wall Street Journal69d agoneutral
Boeing Notches Regulatory Milestone for Factories

Boeing shares edged higher after the plane maker won back the authority to perform final safety sign-offs on its newly produced 737 MAX and 787 Dreamliner jets. Starting next week, Boeing employees, working on behalf of the Federal Aviation Administration, can issue airworthiness certificates, which airlines need before using the aircraft to fly passengers. Boeing had lost the privilege after a series of safety and quality problems.