Boeing(BA)
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Boeing Will Recover, Delta Will Again Top Airlines, Top Analyst Says
Forbes· 2025-01-08 16:30
A Delta Boeing 737 and an American E175 taxi at LaGuardia in May 2024. (Photo by Charly Triballeau ... [+] )AFP via Getty ImagesIn 2024, Boeing shares fell 32% while United Airlines shares gained 135%, easily eclipsing the performance of equities in the six other major U.S. airlines.Neither scenario is likely to be repeated in 2025, says a top Wall Street analyst.“My number one pick in every sector is Boeing,” Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors, said Tues ...
Boeing to Release Fourth Quarter Results on January 28
Prnewswire· 2025-01-08 16:00
ARLINGTON, Va., Jan. 8, 2025 /PRNewswire/ -- The Boeing Company [NYSE: BA] will release its financial results for the fourth quarter of 2024 on Tuesday, January 28. President and Chief Executive Officer Kelly Ortberg and Executive Vice President and Chief Financial Officer Brian West will discuss the results and company outlook during a conference call that day at 10:00 a.m. ET. The event webcast link is available on the Events and Presentations section of www.boeing.com/investors where the news release and ...
Top 3 Stocks Goldman Sachs Predicts Will Dominate 2025
MarketBeat· 2025-01-08 13:00
Now that the 2024 trading year is over, all the biggest investment banks and brokers are starting to roll out their reports and views to align themselves with what 2025 might bring. These outlooks and opinions are often the foundation and benchmark used by clients and other Wall Street players in the industry, so it is more important than ever for retail investors to keep them in mind. In their 2025 macro outlook report, Goldman Sachs analysts expect many rotations to take place in the broader market, thoug ...
3 Stocks Set to Benefit From Trump's “Drill, Baby, Drill" Policy
MarketBeat· 2025-01-08 12:00
Donald Trump has been an ardent supporter of his “Drill, baby, drill” slogan throughout his re-election campaign. As the returning President, Trump promises to make good on his intent to increase domestic oil and gas production in the oil/energy sector by reforming energy permitting and increasing fracking on federal lands. Trump has commented his intent to cut energy bills in half after his first year in office. Trump nominated Chris Wright to head the Department of Energy to increase domestic drilling. Wr ...
Boeing Secures $615.8M Contract to Support F-15 Jet Program
ZACKS· 2025-01-07 14:06
The Boeing Company (BA) recently clinched a contract for the production of the F-15 Eagle Passive Active Warning Survivability System (“EPAWSS”). The deal is expected to be completed by Dec. 31, 2030.Details of the DealValued at $615.8 million, the contract has been awarded by the Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, OH. Per the terms, Boeing will provide Group A and B kits, system engineering program management and interim contractor support lay-in material. The work rel ...
Boeing needs to start designing a new plane soon to help turn things around, former CEO says
Business Insider· 2025-01-07 13:02
Boeing's Current Challenges - Boeing's share price fell 31% in 2024, making it the worst performer on the Dow Jones Industrial Average [3] - The company faced scrutiny after a door plug came off an Alaska Airlines 737 Max in midair in January 2024 [3] - A seven-week strike further limited aircraft production, compounding Boeing's problems [3] Historical Context and Recent Developments - Boeing last announced a new plane model over 20 years ago, the 787 Dreamliner, which entered commercial service in 2011 [4] - Since then, Boeing has focused on updating previous models, such as the 737 Max, which has faced significant issues [5] - The 737 Max suffered two crashes in 2018 and 2019, resulting in 346 deaths, partly due to issues with the MCAS software [5] Industry Competition and Future Plans - The 737 Max program was reportedly hurried to compete with Airbus' A320neo, which broke records at the 2011 Paris Air Show [6] - Boeing's next plane, the 777X, a modernized version of the 777, has faced certification delays, with its entry into service pushed back to 2026 [7] Call for Innovation and Morale Boost - Former Boeing CEO Phil Condit has called for the company to start designing a new plane as soon as possible to change its fortunes [1] - Condit emphasized that working on a new plane could boost employee morale, as people come to work because they care about what they are doing [2][8] - The resolution of the recent strike included a commitment that Boeing's next commercial airplane would be built in the Seattle area if a new program is launched during the term of the agreement [3]
Boeing needs a 'pretty profound culture change,' and the Trump administration should make it a priority, Pete Buttigieg says
Business Insider· 2025-01-07 11:02
Transportation Secretary Pete Buttigieg shared his thoughts on Boeing."What we really need to see is a pretty profound culture change," he told Bloomberg.He also said he hopes the next administration will prioritize Boeing's progress.Boeing has more work ahead to change its culture, Pete Buttigieg, the outgoing transportation secretary, said in two Monday interviews.AD "What we really need to see is a pretty profound culture change that will be ultimately proven out by the results, and that's results over ...
What's In Store For Boeing Stock In 2025?
Forbes· 2025-01-06 15:16
The Boeing Company logo appears on a smartphone screen in this illustration photo in Reno, United ... [+] States, on December 30, 2024. (Photo by Jaque Silva/NurPhoto via Getty Images)NurPhoto via Getty ImagesBoeing stock (NYSE: BA) had a tough 2024. BA stock lost about 32% over the year, underperforming the broader S&P 500 index, which gained 23% for the year. While other aerospace stocks have done well, with GE stock rising 65% and Airbus ADR up 5%, Boeing has itself to blame for the headwinds it faced la ...
A year after Boeing's door plug accident, the aircraft giant faces a steep road to recovery
CNBC· 2025-01-05 11:28
Boeing's Current Situation - Boeing is undergoing a rebuilding year following safety and quality concerns, particularly after a midair incident involving a 737 Max 9 operated by Alaska Airlines [1][2] - The company's stock price has declined by over 30% in the past 12 months, while the S&P 500 has risen nearly 27% [3] - Boeing has not posted an annual profit since 2018, with cumulative losses exceeding $30 billion since 2019 [6][7] Safety and Quality Issues - A preliminary NTSB report found that key bolts were missing from the 737 Max 9 involved in the Alaska Airlines incident, further damaging Boeing's reputation [3] - The company has implemented random quality audits and reduced defects in 737 fuselages produced by Spirit AeroSystems, which Boeing is acquiring [4] - The FAA has increased oversight of Boeing, capping 737 Max production and emphasizing the need for a cultural shift prioritizing safety over profits [5] Leadership and Workforce Changes - Boeing appointed Kelly Ortberg as its new CEO in August 2024, replacing Dave Calhoun [8] - The company faced a nearly two-month strike by machinists, which ended with a new labor deal including 38% raises but no pension reinstatement [8][9] - Boeing plans to cut 10% of its workforce, approximately 17,000 employees, as part of a focus on core businesses and portfolio review [10] Production and Delivery Challenges - The machinists' strike idled production of most Boeing jets, though factories have resumed output in recent weeks [9] - Boeing is focusing on stabilizing production to meet airline demand, while Airbus continues to lead in delivery volumes [9] - The company has faced delivery delays across multiple aircraft models, including the 737 Max, 787 Dreamliner, and Air Force One 747s [7] Financial and Strategic Moves - Boeing raised billions in funding during fall 2024 to address its ongoing crisis [10] - The new CEO emphasized the need to focus on doing fewer things better rather than expanding operations [10] - Ortberg has received praise from airline executives for his hands-on approach and understanding of Boeing's challenges [11][12]
【财闻联播】“半旗”下就职,特朗普怒了!波音公司公布新“安全与质量计划”
证券时报网· 2025-01-04 11:11
国家广播电视总局办公厅发布关于实施"微短剧+"行动计划赋能千行百业的通知,其中提出,2025年, 广电总局将深入组织实施"跟着微短剧去旅行"创作计划,继续推进"跟着微短剧来学法""微短剧里看品 牌"创作计划,启动"跟着微短剧学经典""跟着微短剧来科普""微短剧里看非遗"等创作计划,实现在细 分领域,共推出300部左右具有引领作用和创新价值的重点微短剧,打造一批思想精深、艺术精湛、制 作精良的优质微短剧。 济南:二套房公积金贷款首付比例降低至20%,可贷额度提高至余额25倍 1月4日,济南公积金发布进一步优化住房公积金政策有关事项通知,调整了公积金贷款最低首付比例、 可贷额度等多项政策。其中,缴存职工购买二套自住住房申请住房公积金贷款的,最低首付比例由30% 调整为20%。住房公积金贷款额度计算由账户余额15倍提高至25倍;借款人按贷款额度计算方法计算的 可贷款额度不足20万元的,可贷款20万元。 特朗普对就职时美国仍"降半旗"表示不满 据新华社报道,美国候任总统特朗普3日在社交媒体上发文,对1月20日总统就职典礼当天美国国旗仍继 续因前总统吉米·卡特逝世而处于降半旗状态表示不满。被问及特朗普这一表态时,白宫新 ...