United States President Donald Trump said on Thursday that the Boeing Company should "default China" for not taking the "beautifully finished planes" it promised to buy."This is just a small example of what China has done to the USA, for years … And, by the way, Fentanyl continues to pour into our...
China has stopped accepting Boeing aircraft due to the ongoing trade dispute with the United States, CEO Kelly Ortberg (pictured) confirmed on Wednesday."They have in fact stopped taking delivery of aircraft due to the tariff environment," Ortberg told CNBC, confirming that several 737 Max...
The Boeing Company revealed on Wednesday an 18% surge in its revenue for the first quarter of fiscal 2025 to $19.4 billion. The growth is attributed to a steady rise in jet production and deliveries. During this period, Boeing reported delivering 156 commercial planes and 26 jets for its Defense, Space,...
The Boeing Company is set to report its first-quarter earnings on Wednesday, with Wall Street watching closely as tensions with China and a new multibillion-dollar fighter jet project shape the outlook. Zacks Investment Research expects a loss of $1.56 per share, widening 38.1% year-on-year,...
The Boeing Company revealed on Tuesday in a press release that it agreed to sell portions of its Digital Aviation Solutions to Thoma Bravo LP for $10.55 billion."Boeing will retain core digital capabilities that harness both aircraft and fleet-specific data to provide commercial and defense customers with...
The upcoming week will be packed with earnings, with some of the world's most prominent companies set to release their financial results for the first quarter of fiscal 2025.Google's parent company, Alphabet, will release its first-quarter earnings report on Thursday. Wall Street analysts estimate that...
United States President Donald Trump hit back on China's decision to halt deliveries of Boeing jets, tying it to a broader escalation in the ongoing trade war that has seen Washington impose tariffs of up to 145% on Chinese goods. Beijing also instructed domestic airlines to stop acquiring aviation...
The Boeing Company's stock dropped more than 4% on Tuesday following reports that China directed its airlines to suspend new Boeing aircraft deliveries, intensifying commercial disputes after the United States implemented tariffs reaching 145% on Chinese products.Namely, Chinese...
The Boeing Company promoted Matt Welch to vice president and chief financial officer of Boeing Commercial Airplanes, effective May 5, as per the company statement published on Thursday. Welch will now oversee all financial planning and analysis for Boeing's Commercial Airplanes division. He...
The Boeing Company saw its shares jump 5.6% after United States President Donald Trump announced the production of a state-of-the-art fighter jet marked F-47 with the aviation giant at the helm of the project. According to reports, the aircraft could become the most expensive of its kind in...
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