Delta Air Lines Orders 100 737-10s With Options For 30 More

Boeing Q1 Loss Narrows, Turns To Core Profit On Volume Growth; Stock Gains

Shares of Boeing Co. were gaining around 5 percent in the early morning trade on the NYSE after the aerospace major reported Wednesday narrower net loss in its first quarter, and a core operating profit compared to prior year's loss, with significantly higher revenues. The company attributed the results primarily to improved operational performance and commercial delivery volume.

RTTNews | 7 days ago

Delta Stock Up On Q1 Results Above Market; Withdraws FY25 View

Shares of Delta Air Lines Inc. were gaining around 4 percent in the pre-market activity on the NYSE after the airline reported Wednesday higher first-quarter results, above market estimates. The company also issued second-quarter outlook, and said it is not reaffirming or updating its previously given outlook for fiscal 2025 due to the lack of economic clarity.

RTTNews | 21 days ago

Boeing Sees Wider Loss, Weak Revenues In Q4; Shares Hit

Aerospace and defense major Boeing Co. said it projects a sharply wider loss and weak revenues in its fourth quarter, mainly impacted by the work stoppage and agreement by the International Association of Machinists and Aerospace Workers or IAM, as well as charges for certain Defense, Space & Security programs. Following the preliminary fourth-quarter results, the stock was down 1.8 percent.

RTTNews | 96 days ago

Boeing Reportedly Restarts 737 MAX Production

Aerospace major Boeing Co. has restarted production of its best-selling 737 MAX jetliner last week, Reuters reported citing sources familiar with the matter. Amid the significantly growing global demand for air travel, the company has to fulfil about 4,200 orders from airlines for the jet. This comes a month after a seven-week strike by 33,000 factory workers ended...

RTTNews | 141 days ago

Boeing Strike Ends As Machinists Accept New Contract

Nearly two months long strike at Boeing Co. has ended after a majority of around 33,000 frontline workers voted to approve a new contract that will deliver 43.65 percent compounded wage increase. Following the deal, Boeing shares were gaining around 1.91 percent in the pre-market activity on the NYSE to trade.

RTTNews | 176 days ago

NTSB Asks For Urgent Safety Checks On Boeing 737 Rudder System

In a latest blow to the struggling aerospace giant Boeing Co., which has been hit by an ongoing strike by machinists as well as various safety issues, the National Transportation Safety Board has issued urgent safety recommendations to Rudder control system on some 737 airplanes. The warning has been given to Boeing and the Federal Aviation Administration or FAA in response to the potential...

RTTNews | 215 days ago

Boeing Offers 30% Wage Hike In Final Offer, But Union Rejects

Aerospace giant Boeing Co., which has been hit by an ongoing strike by machinists, has come out with its improved "best and final offer" with a larger pay hike and bonuses, urging the employees to ratify by September 27. Meanwhile, Boeing's largest union, The International Association of Machinists and Aerospace Workers or IAM, declined to put the offer to a vote, noting that it was not negotiated

RTTNews | 218 days ago

FAA To Probe Delta Flight's Cabin Pressure Injuries

The Federal Aviation Administration or FAA is investigating the pressurization issues on a Delta Air Lines flight, which caused injuries to some of its passengers, reports said. The airline, meanwhile, apologized to its passengers, who experienced bleeding from the ear and nose. The Delta Flight 1203, which was traveling from Salt Lake City International Airport on Sunday with 140 passengers...

RTTNews | 223 days ago

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Delta Air Lines Orders 100 737-10s With Options For 30 More