UPDATE: Wolfe Research Assumes Boeing (BA) at Peerperform
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U.S. lawmakers seek review of FAA Boeing 737 MAX oversight
February 15, 2022 1:12 PM ESTBy David Shepardson
WASHINGTON (Reuters) -Two U.S. lawmakers asked the Transportation Department's Office of Inspector General to review the Federal Aviation Administration's (FAA) oversight over Boeing Co's actions surrounding the 737 MAX jet.
The chair of the House of Representatives Transportation Committee, Peter DeFazio, and Rick Larsen, who chairs a subcommittee on aviation, said the request came after the FAA failed to provide an adequate response to a November letter seeking answers about Boeing actions before two Boeing 737 MAX... More
Lawmakers Seek Review Of FAA’s Oversight Of Boeing (BA) 737 Max - Bloomberg
February 15, 2022 12:53 PM ESTLawmakers Seek Review Of FAAs Oversight Of Boeing (NYSE: BA) 737 Max - Bloomberg
... MoreU.S. to inspect new 787 Dreamliners, says Boeing cannot self-certify
February 15, 2022 12:12 PM ESTBy David Shepardson and Eric M. Johnson
WASHINGTON (Reuters) -The U.S. Federal Aviation Administration (FAA) on Tuesday said it would perform final inspections on new Boeing 787 Dreamliner aircraft, and will not allow the planemaker to self-certify the jets.
The U.S. aviation regulator said it notified Boeing of the decision that it will retain the authority to issue airworthiness certificates until it is confident "Boeings quality control and manufacturing processes consistently produce 787s that meet FAA design standards."
Boeing said it "will continue to work transparently through (the FAA's) detailed and... More
FAA retains authority to issue airworthiness certificates for all Boeing (BA) 787 Dreamliner
February 15, 2022 12:08 PM ESTFAA retains authority to issue airworthiness certificates for all Boeing (NYSE: BA) 787 Dreamliner
... MoreBoeing (BA) call put ratio 1.8 calls to 1 put as shares rally 4%
February 15, 2022 12:03 PM ESTBoeing (NYSE: BA) call put ratio 1.8 calls to 1 put as shares rally 4%
Boeing (BA) Selected by Korea to Support Readiness for Three Critical Defense Platforms
February 15, 2022 5:48 AM ESTBoeing (NYSE: BA) has received three performance based logistics (PBL) contracts from the Republic of Korea's Defense Acquisition Program Administration (DAPA) to manage sustainment of Republic of Korea Air Force (ROKAF) F-15K fighter jets and Airborne Early Warning & Control (AEW&C) aircraft, and Republic of Korea Army (ROKA) CH-47 Chinook helicopters. The five-year contracts will improve aircraft availability by using performance data to inform logistics and supply chain management activities.
"Our partnership with Korea is continuing to grow as we shift from transactional support approaches to customized... More
Air Lease (AL) Announces Lease Placement of 25 New Boeing (BA) 737-8 Aircraft with Malaysia Aviation Group
February 14, 2022 4:34 PM ESTToday Air Lease Corporation (NYSE: AL) announced long-term lease placements for 25 new Boeing 737-8 aircraft with Malaysia Aviation Group (MAG), parent company of Malaysia Airlines Berhad (MAB). The aircraft are scheduled to deliver to the airline starting in early 2023 through the beginning of 2026 from ALCs orderbook with Boeing.
ALC is pleased to... More
Boeing (BA) Reports Record $2B in E-Commerce Sales
February 14, 2022 5:36 AM ESTBoeing (NYSE: BA) achieved an annual record for e-commerce parts sales last year with more than $2 billion in online orders. Fueled by investment in digital tools, Boeing Distribution Inc. (formerly Aviall) sold nearly 70,000 parts products through its e-commerce site to... More