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Boeing

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Reuters - 2 uur geleden

Boeing criminal plea deal should be accepted, US DOJ says

UPDATE 1-Boeing criminal plea deal should be accepted, US DOJ says Recasts, adds no immediate Boeing comment, more details throughout By David Shepardson and Jasper Ward Aug 14 (Reuters) - A plea deal struck with Boeing BA.N over a criminal charge related to software tied to two fatal 737 MAX crashes should be accepted, the U.S. Justice Department said on Wednesday, after some relatives of the 346 people killed in two crashes called for it to be rejected.
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Reuters - 3 uur geleden

IAM Union District 751 Says Boeing Passed Its First Economic Proposal And We Are Far From Reaching An Agreement - Post On X

BRIEF-IAM Union District 751 Says Boeing Passed Its First Economic Proposal And We Are Far From Reaching An Agreement - Post On X Aug 14 (Reuters) - IAM UNION DISTRICT 751 : BOEING PASSED ITS FIRST ECONOMIC PROPOSAL AND WE ARE FAR FROM REACHING AN AGREEMENT - POST ON X Source text : https://tinyurl.com/2xkhudc8 Further company coverage: BA.N
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Reuters - 3 uur geleden

Boeing plea deal should be accepted, US DOJ says

Boeing plea deal should be accepted, US DOJ says WASHINGTON, Aug 14 (Reuters) - A plea deal struck with Boeing BA.N should be accepted, the U.S. Justice Department said in a court filing on Wednesday, after some relatives of the 346 people killed in two fatal 737 MAX crashes called for it to be rejected. Last month, the planemaker finalized an agreement to plead guilty to a criminal fraud conspiracy charge and pay at least $243.6 million after breaching a 2021 deferred prosecution agreement.
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Reuters - 4 uur geleden

Berkshire invests in Ulta Beauty, Heico as it retreats from Apple

UPDATE 2-Berkshire invests in Ulta Beauty, Heico as it retreats from Apple Adds Heico comment, updated after-hours stock prices, paragraphs 3, 6-7 By Jonathan Stempel Aug 14 (Reuters) - Warren Buffett's Berkshire Hathaway BRKa.N acquired stakes in cosmetics store chain Ulta Beauty ULTA.O and aircraft parts maker Heico HEI.N during the second quarter, when it also nearly halved its huge stake in Apple AAPL.O .
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Reuters - 8 uur geleden

Boeing convinces US judge to overturn $72 mln trade-secrets verdict

UPDATE 2-Boeing convinces US judge to overturn $72 mln trade-secrets verdict Adds comment from Boeing in paragraph 3 By Blake Brittain Aug 14 (Reuters) - A federal judge in Seattle on Wednesday threw out a jury's $72 million verdict against Boeing BA.N in a trade secrets lawsuit brought by electric-aircraft startup Zunum Aero. U.S. District Judge James Robart said that Zunum's win could not stand because it had not shown that the information Boeing allegedly misused was eligible for trade-secret
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Reuters - 8 uur geleden

Boeing convinces US judge to overturn $72 mln trade-secrets verdict

Boeing convinces US judge to overturn $72 mln trade-secrets verdict By Blake Brittain Aug 14 (Reuters) - A federal judge in Seattle on Wednesday threw out a jury's $72 million verdict against Boeing BA.N in a trade secrets lawsuit brought by electric-aircraft startup Zunum Aero. U.S. District Judge James Robart said that Zunum's win could not stand because it had not shown that the information Boeing allegedly misused was eligible for trade-secret protection.
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Reuters - 19 uur geleden

Tour operator TUI beats profit expectations on summer travel bookings

UPDATE 4-Tour operator TUI beats profit expectations on summer travel bookings Adds background on packaged holiday popularity, share moves, analyst quotes By Joanna Plucinska, Ilona Wissenbach and Andrey Sychev Aug 14 (Reuters) - Europe's largest tour operator TUI TUI1n.DE e xceeded profit expectations for the third quarter on Wednesday, buoyed by strong summer travel demand, a resurgence in packaged holidays and a boost from the bankruptcy of German rival FTI.
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Reuters - 1 dag geleden

Elliott targets Southwest Airlines board in bid to shake up leadership

UPDATE 5-Elliott targets Southwest Airlines board in bid to shake up leadership Updates Aug 13 story to add Southwest's response in paragraph 4, share movement in paragraph 5 By Svea Herbst-Bayliss NEW YORK, Aug 14 (Reuters) - Elliott Investment Management has launched a boardroom battle at Southwest Airlines LUV.N seeking to replace 10 of 15 directors, as the hedge fund pushes to oust the airline's chief executive and improve performance, it said on Tuesday.
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Reuters - 1 dag geleden

Elliott targets Southwest Airlines board in bid to shake up leadership

UPDATE 5-Elliott targets Southwest Airlines board in bid to shake up leadership Updates Aug 13 story to add Southwest's response in paragraph 4, share movement in paragraph 5 By Svea Herbst-Bayliss NEW YORK, Aug 14 (Reuters) - Elliott Investment Management has launched a boardroom battle at Southwest Airlines LUV.N seeking to replace 10 of 15 directors, as the hedge fund pushes to oust the airline's chief executive and improve performance, it said on Tuesday.
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Reuters - 1 dag geleden

LATAM Airlines mulls possible purchase of up to 30 Embraer jets, Brazil minister says

LATAM Airlines mulls possible purchase of up to 30 Embraer jets, Brazil minister says SAO PAULO, Aug 13 (Reuters) - LATAM Airlines LTM.SN could potentially buy as many as 30 aircraft from Brazilian planemaker Embraer EMBR3.SA as the carrier looks to expand operations in Latin America's largest economy, Brazil's ports and airports minister said on Tuesday.
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Reuters - 1 dag geleden

NASA Mission Managers Continue To Evaluate Starliner Spacecraft's Readiness In Advance Of Decisional Meetings No Earlier Than Next Week

BRIEF-NASA Mission Managers Continue To Evaluate Starliner Spacecraft's Readiness In Advance Of Decisional Meetings No Earlier Than Next Week Aug 13 (Reuters) - Boeing Co BA.N : NASA: MISSION MANAGERS CONTINUE TO EVALUATE STARLINER SPACECRAFT'S READINESS IN ADVANCE OF DECISIONAL MEETINGS NO EARLIER THAN NEXT WEEK Source text for Eikon: ID:nPn641LPM
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Reuters - 1 dag geleden

US approves sale to Israel of $20 billion weapons package

UPDATE 2-US approves sale to Israel of $20 billion weapons package Adds details throughout on timing, shipments, comment By Kanishka Singh and Mike Stone WASHINGTON, Aug 13 (Reuters) - The United States on Tuesday approved the sale of $20 billion in fighter jets and other military equipment to Israel as it prosecutes a 10-month-old war in the Gaza Strip although the Pentagon said deliveries would not begin for years.
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Reuters - 1 dag geleden

Blinken approves sale to Israel of military equipment worth over $20 bln

Blinken approves sale to Israel of military equipment worth over $20 bln WASHINGTON, Aug 13 (Reuters) - U.S. Secretary of State Antony Blinken on Tuesday approved the sale to Israel of different military equipment worth over $20 billion, the Pentagon said. Reporting by Kanishka Singh in Washington
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Reuters - 1 dag geleden

Boeing delivers 43 jets in July, flat year-on-year

REFILE-Boeing delivers 43 jets in July, flat year-on-year Corrects typographical error in first paragraph By Allison Lampert Aug 13 (Reuters) - Boeing BA.N said on Tuesday it delivered 43 commercial jets in July, unchanged from the same month a year earlier when it faced supply chain hurdles , as the U.S. planemaker works to grow aircraft production under new CEO Kelly Ortberg.
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Reuters - 2 dagen geleden

Moody's and S&P doubt Boeing will hit year-end production targets

Moody's and S&P doubt Boeing will hit year-end production targets Boeing's cash flow impacted by slowed 737 MAX production and deliveries Moody’s and S&P expect Boeing to hit monthly 737 MAX production rate of 38 in 2025 Boeing expects to increase MAX output to 38 per month by year's end By Allison Lampert and Rajesh Kumar Singh Aug 13 (Reuters) - Boeing BA.N will likely miss a key 737 MAX jet production target in 2024, analysts at rating agencies Moody's and S&P told Reuters, saying that the
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Reuters - 2 dagen geleden

Spirit Aero CEO Shanahan to get $28.5 million 'golden parachute'

Spirit Aero CEO Shanahan to get $28.5 million 'golden parachute' Aug 12 (Reuters) - Spirit AeroSystems SPR.N CEO Patrick Shanahan will receive a payout of $28.5 million after the 737 MAX fuselage supplier completes its merger with Boeing BA.N , according to a regulatory filing on Monday. Shanahan will get a cash payment of $2.3 million, converted Spirit restricted stock units worth $26.1 million and perquisites and benefits worth $45,000 as part of a package known as a "golden parachute".
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Reuters - 5 dagen geleden

Boeing Says Awarded $2.56 Bln Contract From US Air Force For Two Rapid Prototype E-7A AEW&C Wedgetail Aircraft

BRIEF-Boeing Says Awarded $2.56 Bln Contract From US Air Force For Two Rapid Prototype E-7A AEW&C Wedgetail Aircraft Aug 9 (Reuters) - Boeing Co BA.N : BOEING - AWARDED A $2.56 BILLION CONTRACT FROM THE U.S. AIR FORCE FOR TWO RAPID PROTOTYPE E-7A AEW&C WEDGETAIL AIRCRAFT BOEING - CURRENTLY PRODUCING THREE E-7AS FOR THE ROYAL AIR FORCE, WITH MILITAR
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Reuters - 5 dagen geleden

Boeing gets $2.56 billion contract from US Air Force for E-7A Wedgetail aircraft

UPDATE 1-Boeing gets $2.56 billion contract from US Air Force for E-7A Wedgetail aircraft Adds details in paragraphs 2 and 3 Aug 9 (Reuters) - Boeing BA.N said on Friday it had been awarded a $2.56 billion contract from the Un ited States Air Force for two rapid prototype E-7A AEW&C Wedgetail aircraft. T he contract includes lifecycle development, training and support for the U.S.
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Reuters - 5 dagen geleden

Boeing gets $2.56 billion contract from US Air Force for E-7A Wedgetail aircraft

Boeing gets $2.56 billion contract from US Air Force for E-7A Wedgetail aircraft Aug 9 (Reuters) - Boeing BA.N said on Friday it had been awarded a $2.56 billion contract from the U.S. Air Force for two rapid prototype E-7A AEW&C Wedgetail aircraft. Reporting by Jaspreet Singh in Bengaluru; Editing by Pooja Desai
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Reuters - 6 dagen geleden

Ryanair adds to share buyback plans after delivery delays boost cash

Ryanair adds to share buyback plans after delivery delays boost cash DUBLIN, Aug 8 (Reuters) - Ryanair RYA.I said on Thursday it would buy back up to 800 million euros ($872.48 million) more of its shares over the next six to nine months due to a stronger than expected cash position, driven partly by the delayed delivery of new Boeing BA.N aircraft. The Irish airline, Europe's largest by passenger numbers, announced a 700-million-euro share buyback in May, its first since the COVID-19 crisis and
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