Boeing (BA) Declares $2.055 Quarterly Dividend; 2.5% Yield

Boeing suspends 737 production for the first time in 20 years: WSJ

CHICAGO (Reuters) - Boeing Co (NYSE: BA) will halt 737 production in January for the first time in more than 20 years as the grounding of the planemaker's best-selling MAX looks set to last well into 2020, the Wall Street Journal reported on Monday.

Boeing's... More

Boeing (BA) Will Halt Max Production in January - DJ

(Updated - December 16, 2019 4:36 PM EST)

Boeing (NYSE: BA) will temporarily halt production of the 737 Max in January, according to Dow Jones, citing people briefed on the matter.

Active options December 16: MSFT AMRN BA BAC UBER BABA AMZN NVDA NFLX CGC GE PCG BHC

Active options December 16: MSFT AMRN BA BAC UBER BABA AMZN NVDA NFLX CGC GE PCG BHC

Boeing (BA) December option implied volatility bid as shares sell off 3.2%

Boeing (NYSE: BA) December call option implied volatility is at 35, January is at 27; compared to its 52-week range of 23 to 46 after the WSJ reported the company is considering either halting or further cutting production of the 737 MAX. Call put ratio 1 call to 1 put.

Boeing (BA) December IV bid after WSJ reported considering either halting or further cutting production of 737 MAX

Boeing (NYSE: BA) December call option implied volatility is at 34, January is at 26; compared to its 52-week range of 23 to 46 after the WSJ reported the company is considering either halting or further cutting production of the 737 MAX.

Stocks of Boeing and its suppliers fall on reports of 737 MAX production halt

(Reuters) - Shares of Boeing (NYSE: BA) and its suppliers fell on Monday after reports that the U.S. planemaker could temporarily halt production of 737 MAX aircraft, potentially adding to billions of dollars in costs, as its return to service is pushed to 2020.

The best-selling Boeing plane has been grounded since March after two fatal crashes in Indonesia and Ethiopia killed 346 people, costing the plane manufacturer more than $9 billion in charges so far.

Boeing's shares fell 4% in premarket trading to $328.13, while Spirit AeroSystems Holdings... More

Wall Street sets records anew on trade deal boost

By April Joyner

NEW YORK (Reuters) - Wall Street stocks notched record closing highs on Monday as cooling trade tensions between Washington and Beijing and upbeat economic data from China boosted investor sentiment.

The Dow surpassed its November closing high, while the S&P 500 and Nasdaq marked record closes for the third straight session.

Friday's announcement of an interim trade deal between the world's two biggest economies has lifted prospects for the global economy, several analysts said. Although growth in China is expected to continue moderating, the trade developments brightened the country's economic outlook.

Adding... More

Boeing (BA) Lower on Reports of Further 737 Max Production Halt, Cuts

Boeing (NYSE: BA) shares are trading down 2.2% early Monday following reports the company is considering whether to cut or halt production of its grounded 737 MAX after the FAA said last week it would not approve the plane's return to service before 2020.

Options expected to have increasing volume: BA IFF UBER PCG

Options expected to have increasing volume: BA IFF UBER PCG

Boeing board meets as company considers 737 MAX production changes

By David Shepardson

WASHINGTON (Reuters) - Boeing Co is considering whether to cut or halt production of its grounded 737 MAX after the Federal Aviation Administration said last week it would not approve the plane's return to service before 2020, a person briefed on the matter said on Sunday.

The largest U.S. planemaker's board of directors is holding a regular two-day meeting in Chicago starting Sunday and the company could make an announcement on production plans as soon as late Monday, the person said.

The Seattle Times reported Sunday the board is considering a proposal from top... More

Boeing bows out of multibillion-dollar Minuteman missile replacement competition

WASHINGTON (Reuters) - Boeing Co (NYSE: BA) has decided not to compete as a prime contractor to replace the Pentagon's aging U.S.-based Minuteman III missile system, paving the way for Northrop Grumman Corp (NYSE: NOC) to win a contract worth tens of billions of dollars.

Friday marked the deadline to submit proposals to continue work on the replacement of the... More

Regulator puts loading curbs on 737 jets converted to freighters by Israel Aerospace

(Reuters) - Israel's aviation regulator has ordered airlines with Boeing Co (NYSE: BA) 737 jets converted to freighters by Israel Aerospace Industries (IAI) to comply with loading restrictions and use additional straps when needed before they can resume flying.

Its directive, published as an emergency... More

Qantas selects Airbus over Boeing for world's longest flights

By Jamie Freed

SYDNEY (Reuters) - Australia's Qantas Airways picked Airbus SE (NYSE: AIR) over Boeing Co (NYSE: BA) as the preferred supplier for jets capable of the world's longest commercial flights from Sydney to London, dealing the U.S. planemaker its latest setback this year.

The choice of up to 12 A350-1000 planes fitted with an extra fuel tank for flights of up to 21 hours cements Airbus as the leader in ultra-long haul flying globally at a time when Boeing is battling delays on its rival... More

American Airlines pulls 737 MAX from schedule through April 6

WASHINGTON (Reuters) - American Airlines Group Inc (NASDAQ: AAL) will extend cancellations of Boeing Co (NYSE: BA) 737 MAX flights through April 6, it said on Thursday, a day after the U.S. Federal Aviation Administration said it would not approve the... More

FAA May Not Approve Boeing (BA) 737 Max Fixes Until Feb. - DJ

FAA May Not Approve Boeing (NYSE: BA) 737 Max Fixes Until Feb. - DJ

Exclusive: Boeing delays plans for record 737 production until 2021 - sources

By Eric M. Johnson and Tim Hepher

SEATTLE/PARIS (Reuters) - Boeing Co (NYSE: BA) has delayed plans to reach a record production rate of 57 737 jets per month next year, industry sources said on Thursday, even before the U.S. FAA announced a new delay in the 737 MAX's return to service which raised uncertainty over production plans.

The world's largest planemaker has also delayed plans to step up from the current rate of 42 jets per month to 46 jets this year until March 2020, as the company struggles to win regulatory approvals for its... More

Boeing (BA) Delays Plans for Record 737 Production Until 2021 - Reuters

Boeing (NYSE: BA) Delays Plans for Record 737 Production Until 2021 - Reuters

Boeing (BA) Says It Will Work with the FAA on Timeline Concerns, Meeting with FAA Chief was Productive - Bloomberg

Boeing (NYSE: BA) Says It Will Work with the FAA on Timeline Concerns, Meeting with FAA Chief was Productive - Bloomberg

Southwest Airlines (LUV) mulls delaying Boeing (BA) 737 Max return to service - Bloomberg

Southwest Airlines (NYSE: LUV) mulls delaying Boeing (NYSE: BA) 737 Max return to service - Bloomberg

Boeing scuttles 2019 timeline for 737 MAX return after CEO meets with U.S. FAA

By David Shepardson

WASHINGTON (Reuters) - Boeing Co (NYSE: BA) on Thursday abandoned its goal of winning approval this month from the Federal Aviation Administration to unground the 737 MAX after Chief Executive Dennis Muilenburg met with senior U.S. aviation officials.

The announcement came after a congressional hearing on Wednesday in which numerous lawmakers prodded the FAA to take a tougher line with Boeing as it continues to review the plane that has been grounded since March after two fatal crashes in Indonesia and Ethiopia that killed 346 people.

FAA... More

Boeing (BA) CEO Muilenburg to Meet FAA Chief in Washington, Meeting to Set Expectations for Approval of 737 Max - Bloomberg

Boeing (NYSE: BA) CEO Muilenburg to Meet FAA Chief in Washington, Meeting to Set Expectations for Approval of 737 Max - Bloomberg

Delta predicts 2020 profit growth; CEO says more people turning to air travel

By Tracy Rucinski

CHICAGO (Reuters) - Delta Air Lines Inc (NYSE: DAL) sees another annual rise in profit and revenue in 2020 driven by what Chief Executive Ed Bastian called a growing interest in air travel by consumers across the generational spectrum.

"People are more inspired to travel," Bastian told Reuters ahead of the carrier's investor day, citing the increased affordability of flying and advances in social media and technology, even as environmental and "flight-shaming" activists threaten air travel growth in Europe.

Atlanta-based Delta is forecasting 2020 profit of $6.75 to $7.75 per share, versus... More

Southwest (LUV) Reaches Agreement with Boeing (BA) on 737 Max Damages, to Share Proceeds with Employees

Southwest Airlines Co. (NYSE: LUV) recently reached a confidential agreement with The Boeing Company (Boeing) to compensate Southwest for a portion of projected financial damages related to the grounding of the airline's Boeing 737 MAX aircraft. In light of this agreement, the Southwest Board of Directors has authorized a discretionary,... More

Active options: BA MU GILD LULU PCG AMZN NFLX FB AMD MSFT DIS ROKU M HD

Active options: BA MU GILD LULU PCG AMZN NFLX FB AMD MSFT DIS ROKU M HD

EU seeks to arm itself against U.S, others in trade disputes

By Philip Blenkinsop

BRUSSELS (Reuters) - The European Union could impose tariffs on the United States and other rivals if they refuse to settle trade disputes after the crippling of the World Trade Organization (WTO).

The European Commission, which coordinates trade policy for the 28-member bloc, proposed on Thursday changes to an existing law that it has already used to curb imports of steel after U.S. tariffs effectively closed the U.S. market in 2018.

The proposals are the European Union's latest response to a crisis at the WTO, which the bloc has... More

China has 'important concerns' about Boeing 737 MAX design changes: regulator

By Stella Qiu and Jamie Freed

BEIJING/SYDNEY (Reuters) - China has raised "important concerns" with Boeing Co (NYSE: BA) regarding design changes proposed to end the grounding of the Boeing 737 MAX airliner, Beijing's aviation regulator said on Thursday, declining to say when it might fly in China again.

The remarks broke months of public silence from China, the first country to ground the 737 MAX in March following the second deadly crash involving the model in less than five months.

"Boeing is... More