Boeing Stock Tanks | Airliner Receives No New Orders In April
Boeing stock tanked over the weekend. The company (NYSE:BA) reported it received no new orders for planes in April and the news is the last thing investors need.
On Friday’s close, shares sold …
Boeing Stock Declines As Company Admits It Knew of Max 737 Issue
Boeing stock is on the decline for an understandable reason; Boeing (NYSE:BA) admitted that, for over a year, it knew a problem existed with its Max 737 jets. Since the revelation was made, shares have …
Bombardier Plunges Nearly 20% After Slashing 2019 Forecasts
Bombardier Inc. (TSX:BBD.B) plunged on Thursday after the Canadian aerospace and transportation company said it cut its full-year profit forecast. The Montreal-based company said it slashed its full-year revenue forecast as well. On the news, …
Airbus Signs Multimillion Dollar Deal with China: 300 Jets on the Way
Sky’s the limit for Airbus (OTC:EADSF). China has agreed to buy a total of 300 passenger jets from the European aircraft maker. The news spells disaster for US rival Boeing (NYSE:BA), which is already dealing …
Canada Bans Boeing 737 MAX 8 Jet from Flying in its Airspace
Canada is grounding all of its Boeing 737 Max 8 aircraft and is banning the jet from entering its airspace until further notice. This news follows the tragic event that took place in Ethiopia earlier …
Boeing 737 Max 8: More Questions Asked After Another Jet Crashes
Tragic news from Ethiopia yesterday has led to further queries over Boeing’s (NYSE:BA) latest fleet of 737 Max 8 jets. The second incident in only several months, another jet has crashed, killing all 157 passengers …
Airbus Ends Production of ‘Superjumbo’ A380 and Releases 2018 Results
Airbus SE (OTC:EADSY) is pulling the plug on the production of its ‘Superjumbo’ A380 fleet. This morning, the European aircraft maker announced that Emirates has reduced its order book of the aircraft, Emirates being the …
Virgin Galactic Makes it to Space: Test Run Four is a Success
Space tourism took a giant leap closer to becoming a reality this morning. Sir Richard Branson’s Virgin Galactic sent two test pilots beyond Earth’s boundaries and brought them back safely.
The mission was …
SpaceX Satellites: Musks’ Company Allowed to Launch 7,000 More
According to a Bloomberg report, US regulators have granted SpaceX permission to launch over 7,000 SpaceX satellites. The permission granted yesterday allows Elon Musks’ company to deploy far more satellites than is currently in orbit. …
Boeing Admits Max 737 Jet Can “Abruptly Dive” After Lion Air Crash
Boeing (NYSE:BA) is preparing to warn pilots of a Max 737 system error. This is significant timing; a Lion Air aircraft lost control off the coast of Indonesia and crashed last week.
Lion …