Boeing 787 Dreamliner, India and Plane Crash
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Boeing stock strongly outperformed the S&P 500 in 2024 driven by robust airplane orders and improving production stability. Learn more on BA stock here.
The crash happened just weeks after the company cut a deal with the U.S. government to avoid taking criminal responsibility for a pair of deadly crashes in 2018 and 2019.
Meanwhile, Boeing executives are expected to brief media on the company’s latest 20-year Commercial Market Outlook which predicts demand for 43,600 new aircraft over the next two decades.
Even as its troubles refuse to die down, aviation giant Boeing Co. remains optimistic about the future and continues to bet on a surge in global air travel over the next two decades.
An Air India flight was forced to turn around and return to Hong Kong after an unspecified technical issue was discovered with the aircraft. The Boeing 787-8 Dreamliner— the same craft involved in last week’s devastating crash in Ahmedabad which killed 270 people—was an hour into a flight to New Delhi when the pilot suspected a problem and turned around.
LE BOURGET— Boeing Defense and Space CEO Steve Parker defended the U.S. defense industry’s ability to launch development of a second sixth-generation fighter in a June 16 news conference, contradicting concerns voiced June 12 by the Navy’s leader.
The planemaker expects single-aisle jets to dominate global fleets, increasing their share to 72 per cent from the current 66 per cent. Models like Boeing’s 737 Max and Airbus’s A320neo remain in high
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Stocktwits on MSNBoeing Slightly Cuts 20-Year Aircraft Demand Forecast, But Says ‘Resilience Will Remain A Hallmark’ Of Airlines IndustryBoeing (BA) now expects worldwide demand for 43,600 additional commercial airplanes over the next 20 years, slightly lower than its earlier forecast. The planemaker expects passenger traffic to grow at a rate of 4.