Boeing stock is down 2.5% to $163.29 in Friday afternoon trading. The CEO of this company is Dennis Muilenburg.
Investors might be surprised by today’s share-price action.
Analysts are hesitant towards Boeing stock, with 11 of the 17 in coverage carrying a tepid "hold" or worse recommendation, while the remaining six sport a "buy" or better. https://www.barrons.com/articles/boeing-stock-good-737-max-news-shares-sliding-51600447702. Boeing stock is down, while the A shipset refers to all the work done on one MAX jet by the supplier. Write to Al Root at allen.root@dowjones.com. This copy is for your personal, non-commercial use only. That reflects the damage Covid-19 has done to the global aerospace industry. Earnings Announcement for Period Ending Q3/2020. Spirit shares are down about 57%. S&P 500 Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Bloomberg reported that the National Transportation Safety Board says Boeing’s proposed fixes for the troubled 737 MAX jet are adequate. We've detected you are on Internet Explorer. Less production in 2020 could signal a few things to investors.
Boeing referred Barron’s to earlier comments. Chicago, IL 60606 An error has occurred, please try again later. By. BOEING STOCK.
Within the U.S., the final decision to unground the jet is made by the Federal Aviation Administration.
The report doesn’t change many critical assumptions on Wall Street. View BA's stock price, price target, earnings, financials, forecast, insider trades, news, and SEC filings at MarketBeat. Boeing referred Barron’s to the NTSB and the agency wasn’t immediately available to comment.
For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Boeing only recently started producing MAX jets again after a long pause, having halted output after its inventory of finished MAX jets rose to about 450.
Covid-19 has been an even larger factor for Boeing and the commercial aerospace industry than the MAX. https://www.barrons.com/articles/boeing-stock-spirit-aerosystems-737-max-jet-51591877731. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. FAA certification flights are a key step in the MAX approval process, but other things have to happen as well. Spirit generates a majority of its sales from Boeing, making the company uniquely sensitive to Boeing news.
Boeing (ticker: BA) shares are down almost 10% in Thursday trading. Exploring Boeing (NYSE:BA) stock? Bloomberg reported that the National Transportation Safety Board says Boeing’s proposed fixes for the troubled 737 MAX jet are adequate. over the same span.
Aerospace suppliers’ stocks are off about 8%. Each country, or region in the case of Europe, has its own decision to make, although global aviation regulators work in collaboration with one another. That’s good news for the company, but the stock is lower. This copy is for your personal, non-commercial use only. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. The on-again, off-again The jet maker has said it plans to ramp MAX production back up slowly.
Most investors and analysts expect the MAX to come back eventually. An error has occurred, please try again later. The Spirit news might put that timeline at risk. Stock in Boeing listening to government oversight is a good thing, but details of the letter weren’t available. is off 0.5%.
Real time Boeing (BA) stock price quote, stock graph, news & analysis. Regulators have conducted MAX flight tests recently.
For starters, it could mean the MAX timeline is slipping again, despite recent reports that the Federal Aviation Administration was about ready to fly the MAX jets. A key supplier was asked to halt work related to the grounded plane, potentially putting the existing timeline for its reintroduction to service, as well as total deliveries expected in 2020 and 2021, at risk.
Boeing has been working with global aviation regulators on fixes and hopes to start delivering the plane again to customers by the end of the summer. Copyright ©2020 Dow Jones & Company, Inc. All Rights Reserved. Copyright ©2020 Dow Jones & Company, Inc. All Rights Reserved. and Boeing is a US-based cosmopolitan firm that deals in designing, manufacturing and selling all kinds of aircraft. The production pause could also mean Boeing will deliver MAX jets at a slower rate than previously expected. A Boeing news release and presentation materials will be posted to the Investors section of www.boeing.com prior to the event. Boeing stock is down 2.5% to $163.29 in Friday afternoon trading.
Before the second MAX crash involving an Ethiopian Airlines flight, Boeing was making 52 MAX jets a month and had plans to increase production to 57 a month in 2019.
Boeing and
(AIR.France) shares are down about 50% year to date. Write to Al Root at allen.root@dowjones.com.
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