Boeing, Wall Street and Q2 Loss
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Airframer reveals certification timeline slippage while reporting improved Q2 financial results and achievement of 737 and 787 production targets.
Ryanair, Europe's cut-throat, ultra-low-cost carrier, has a long-established relationship with Boeing. However, the airline failed to reach an agreement with Boeing for the MAX 10, citing cost as its biggest concern. In 2023, Ryanair announced an order for 150 of the airplane, with options to acquire another 150.
The Boeing Company. After five years of litigation, the end result can only be described as a victory for Boeing — and a permanent setback for those who hoped that the company would be held accountable for a decade of safety violations.
Engineering complications with the 737 Max's engine anti-ice system have forced Boeing to abandon its initial redesign approach, pushing certification timelines for the Max 7 and Max 10 variants into 2026.
Boeing halved its quarterly loss, surprising analysts, as it ramped up jet deliveries while recovering from past production and regulatory crises. Despite improvements, 737 MAX 7 and 10 certifications face delays.
T he Boeing 737 MAX 9 is the largest 737 MAX variant currently in service today, although it will be eclipsed by the 737 MAX 10 once that model obtains certification. With a lengt
Boeing reported second quarter earnings on Tuesday that topped expectations and stemmed the tide of cash burn that has plagued the company since early last year as CEO Kelly Ortberg continues his turnaround of the beleaguered jet maker.
Bottom line: Boeing shares are in a new bull market trend with a 12-month price target of $300.
Although the aerospace company lost money in the second quarter, it built and sold more planes as it recovered from quality crises and a workers strike.
Boeing significantly cut its losses in the second quarter, marking another step forward on its path to recovery.
The Boeing 737 Max involved in last week's Denver incident experienced tyre failures and a hydraulic leak that ignited, according to a source familiar with the incident.