Boeing (BA) set to collaborate with Shield AI for defense programs

Boeing nears 737 MAX deal with Japan Airlines -sources

March 8, 2023 4:55 AM EST

By Eimi Yamamitsu and Shivani Tanna

(Reuters) -Japan Airlines Co (JAL) is close to placing an order for more than 20 Boeing 737 MAX airplanes as it renews its medium-haul fleet, industry sources said on Wednesday.

JAL confirmed it was involved in talks to buy new jets but declined further comment.

"We are still at the stage of negotiation, so we cannot provide details," a JAL spokesperson said when asked about an earlier Bloomberg report on the deal.

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Jefferies believes plane backlogs span more than 10 years

March 7, 2023 2:24 PM EST

In a note assessing plane demand, Jefferies analyst Sheila Kahyaoglu told investors that medium and long-term production rates are "supported by 10-year backlogs."

The demand outlook is supported by industry backlogs that stand at 12,663 aircraft as of January, according to Kahyaoglu. In addition, she states there were a further 470 jets added to the backlog through the February Air India... More

Boeing 767 freighter, KC-46 tanker face delivery snags due to fuel tank problem

March 7, 2023 10:52 AM EST

By Valerie Insinna and Abhijith Ganapavaram

WASHINGTON (Reuters) - A new supplier problem has stymied deliveries of Boeing's 767 freighter and KC-46 tanker, the company confirmed on Tuesday.

According to a March 6 report by aviation publication The Air Current, Boeing has not delivered any 767-based jets in 2023 due to a quality issue surrounding the center fuel tank made by Triumph Group's aerospace structures unit, which did not complete cleaning and paint adhesion processes before delivering the items.

In a statement on Tuesday, Boeing acknowledged a "quality issue" had forced the company to rework 767Fs and KC-46s... More

TD Cowen Defending Boeing (BA): '"New" Software Issue Article Looks Misleading'

March 6, 2023 11:55 AM EST

TD Cowen analyst Cai von Rumohr reiterated an Outperform rating and $230.00 price target on Boeing (NYSE: BA)

The analyst comments "Today's Leeham News article looks misleading in that the software issue it describes as "new" has been known for over a year and... More

Boeing (BA) Declines Following Report Some 737 Max Deliveries Are Delayed on Software Issue

March 6, 2023 10:02 AM EST

Boeing (NYSE: BA) Declines Following Report Some 737 Max Deliveries Are Delayed on Software Issue

The report was from Leeham News... More

Boeing, Airbus pair up to bid for UK's helicopter contract

March 6, 2023 9:29 AM EST

(Reuters) - U.S. planemaker Boeing Co and its European rival Airbus SE have teamed up to bid for a UK government contract that would provide helicopters for the Royal Air Force and British Army, the companies said on Monday.

The move comes as Britain looks to replace its ageing fleet of... More