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Max jetliners - 2 Boeing Max - 1 Ken Herber - 1 Raymond James - 1 Rick Patel - 1 Carlyle - 1 Dow - 1 Samuel Brodovsky - 1
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Boeing - 2 Airbus - 1 Southwest Airlines - 1 United Airlines - 1 American Airlines - 1 Embraer - 1 Jefferies - 1 RBC Capital Markets - 1

Search resuls for: "Max jetliners"


5 mentions found


☆ Airbus widens aircraft delivery lead over Boeing as Max crisis deepens
  + stars: | 2024-03-12 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +1 min
Boeing handed over 27 airplanes to its customers last month as it continues to struggle with quality-control problems and production delays that have frustrated the CEOs of some of its biggest airline customers. So far this year, Boeing has handed over 54 planes, while Airbus has widened its lead over its main rival, delivering 79 planes in the first two months of 2024. Delayed Boeing planes have been difficult for airline leaders. Southwest Airlines , which flies only Boeing 737s, on Tuesday said it would trim capacity plans this year because of fewer Boeing Max deliveries and that it will have to reevaluate its 2024 financial estimates. Last week American Airlines announced a 260-narrow-body-airplane order split between Boeing, Airbus and Embraer.
Persons: Boeing Max, Max jetliners Organizations: Boeing, Airbus, Southwest Airlines, United Airlines, American Airlines, Embraer
☆ Stocks making the biggest moves premarket: Boeing, Affirm, Crocs, Carlyle Group and more
  + stars: | 2023-11-28 | by ( Brian Evans | ) www.cnbc.com   time to read: +2 min
Affirm -- The fintech provider of "buy now pay later" services rose 2% after an upgrade to hold at Jefferies on Tuesday. Boeing -- The maker of 737 Max jetliners gained about 2% premarket after an upgrade to outperform at RBC Capital Markets. Carlyle Group -- The private equity asset manager with almost $400 billion under management climbed more than 5% premarket after S & P Dow Jones Indices added it to the S & P SmallCap 600 index effective premarket Thursday. Shopify -- Shares of the e-commerce platform fell nearly 3% premarket after Piper Sandler cut it to underweight from neutral. The Wall Street firm said the shares hold "an untenable valuation" because consensus growth and profit expectations are too aggressive.
Persons: Max jetliners, Ken Herber, Raymond James, Rick Patel, Carlyle, Dow, Samuel Brodovsky, Glaukos, Piper Sandler, —, Samantha Subin, Yun Li, Jesse Pound Organizations: Jefferies, Boeing, RBC Capital Markets, Dow Jones, Glaukos
☆ Boeing looks to sell at least 150 737 Max jets to Riyadh Air - Bloomberg News
  + stars: | 2023-05-28 | by ( ) www.reuters.com   time to read: +1 min
May 28 (Reuters) - Boeing Co (BA.N) is working on a deal to sell at least 150 737 Max jetliners to Saudi Arabian startup Riyadh Air, Bloomberg News reported on Sunday. Airbus SE (AIR.PA) could also claim a part of the order, the report added. Boeing, Riyadh Air and PIF did not immediately respond to a Reuters request for comment. Boeing previously won another order by state-owned airline Saudia and Riyadh Air for a combined 78 Boeing 787 Dreamliners, the fifth-largest commercial order by value in the plane maker's history. (This story has been corrected to change the type of Boeing jetliner model from '747 Max' to '737 Max' in the headline and paragraph 1)Reporting by Jyoti Narayan in Bengaluru; Editing by Mark Porter and Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.
☆ Boeing CEO stands by plans to increase 737 Max production despite recent flaw
  + stars: | 2023-04-18 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +1 min
A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington. Boeing 's CEO Dave Calhoun said that a flaw detected in some of its 737 Max planes won't hinder its supply chain plans for increased production of its bestselling jetliner this year. Boeing is also comfortable holding extra stock of aircraft supplies "so our supply chain can keep its pace," Calhoun added. Boeing is also planning to increase production of the planes, a goal that has proved challenging as the supply chain recovers from the pandemic. Calhoun said Tuesday the company is assessing the impact of the issue on 737 Max deliveries and apologized to customers but didn't provide more detail.
☆ Boeing to pay $200 million to settle SEC charges on misleading investors after deadly 737 Max crashes
  + stars: | 2022-09-22 | by ( Leslie Josephs | ) www.cnbc.com   time to read: 1 min
Boeing will pay $200 million and it then-CEO Dennis Muilenburg will pay $1 million to settle charges over misleading investors in the wake of two deadly crashes of 737 Max jetliners, the Securities and Exchange Commission said. "There are no words to describe the tragic loss of life brought about by these two airplane crashes," said SEC Chair Gary Gensler in a statement. The two crashes — one in October 2018 and another in March 2019 — killed all 346 people aboard the two flights and led to a worldwide grounding of the jetliners, which was first lifted in late 2020. Boeing fired Muilenberg in December 2019 in the midst of the planes' extended grounding and comments about when he expected regulators to clear the planes to fly again. The comments also strained the manufacturer's relationship with the Federal Aviation Administration, prompting public admonishment by the regulator.
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