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Trump is 'not happy' with Boeing over Air Force One delays, but airlines are growing upbeat
CNBC· 2025-02-20 17:11
Group 1 - President Trump is frustrated with the delayed delivery of the new Air Force One Boeing 747s, which are years behind schedule and have incurred over $2 billion in cost overruns [1][3] - The $4 billion contract for the aircraft was negotiated during Trump's first term, and it remains uncertain if the planes will be ready during his current term [1] - Boeing's CEO Kelly Ortberg mentioned that Elon Musk is assisting in expediting the delivery process by addressing non-value added constraints [2][3] Group 2 - Trump has expressed the possibility of exploring alternative options for acquiring a plane, indicating he may consider purchasing or obtaining a different aircraft [4] - During a recent tour, Trump inspected a 747 parked at Palm Beach International Airport, highlighting his active interest in the situation [4]
The Boeing Company (BA) Barclays Industrial Select Conference Transcript
Seeking Alpha· 2025-02-20 15:35
Group 1 - The Boeing Company is represented by Kelly Ortberg, who is making his first conference appearance as CEO [1] - The conference is hosted by David Strauss from Barclays Capital, indicating a long-standing relationship between the participants [3] - The discussion is focused on Boeing's key priorities and progress made since the CEO's initial call [9] Group 2 - Kelly Ortberg expresses a positive outlook on the company's progress, particularly in overcoming workforce stoppages that exceeded expectations [11] - The workforce is reported to be back to work with good attitudes, contributing to the company's operational goals [11]
Trump considering 'alternatives' to Boeing for Air Force One contract
TechXplore· 2025-02-20 07:29
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The current Air Force One jets face rising maintenance costs and use parts that are increasingly obsolete. Donald Trump said Wednesday his administration was "looking at alternatives" to Boeing following delays in delivering two new models of the US presidential Air Force One plane. "I'm not happy with Boeing," the president t ...
Is Boeing an Undervalued Dividend Stock?
The Motley Fool· 2025-02-18 11:45
Boeing (BA -0.55%) has been plagued with challenges hurting its ability to build and sell planes.*Stock prices used were the afternoon prices of Feb. 13, 2025. The video was published on Feb. 15, 2025. ...
Boeing Starts 2025 Extremely Strong
Seeking Alpha· 2025-02-17 16:05
If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.The Boeing Company (NYSE: BA ) is working on a turnaround that will likely take years to complete, but the signs are encouraging. The company appears to be able to sustainably increase production of the Boeing 737Dhierin runs the investing group Th ...
Boeing CEO Kelly Ortberg to Speak at Barclays Industrial Select Conference February 20
Prnewswire· 2025-02-12 16:00
ARLINGTON, Va., Feb. 12, 2025 /PRNewswire/ -- Boeing [NYSE: BA] Chief Executive Officer Kelly Ortberg will speak at the Barclays Industrial Select Conference on February 20 at 8:40 a.m. ET.The event webcast link is available on the Events and Presentations section of www.boeing.com/investors. Individuals should check the website prior to the session to ensure access to the audio stream.Contact:Investor Relations[email protected]Boeing Media Relations[email protected]SOURCE Boeing ...
Is Boeing Stock a Buy Now?
The Motley Fool· 2025-02-12 09:05
Despite a miserable 2024, Boeing (BA -0.06%) stock has quietly run up 23.5% over the last three months. Is the start of an ongoing move upward or merely a recovery from an oversold position? Here's a look at Boeing's prospects in light of the company's recent fourth-quarter earnings report.Boeing's mixed newsThe recent earnings contained a mix of good and bad news. Starting with the good news, Boeing's management reassured investors about the company's most critical issue: the ramp-up in 737 MAX deliveries. ...
Cyient DLM Secures Production Contract with Boeing
Prnewswire· 2025-02-11 14:40
HYDERABAD, India, Feb. 11, 2025 /PRNewswire/ -- Cyient DLM, an integrated partner for design-led manufacturing, has signed a production contract with Boeing Global Services (BGS) for precision-machined parts and assemblies, marking a key milestone in their partnership.This precision machining project awarded to Cyient DLM by BGS highlights Cyient DLM's growing capabilities in delivering high-precision components to the aerospace sector.Anthony Montalbano, CEO, Cyient DLM, said, "This contract with Boeing is ...
Boeing Plays A Big Role In Trade With China
Seeking Alpha· 2025-02-10 21:37
If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.President Trump announced tariffs on Canada, Mexico, and China. The tariffs against goods imported from Canada and Mexico have been postponed, but the tariffs against products from China are still in place. China has also imposed counter-tariffs, w ...
Here's why Citi sees a 14% upside for Boeing stock
Finbold· 2025-02-10 13:45
Boeing (NYSE: BA) had a rough time in 2024. In fact, Boeing stock was the worst performer in the entire Dow Jones Industrial Index (DJIA) during the year, having lost 32.1% of its value.There’s no shortage of what went wrong with the company last year. From catastrophic mid-air blowouts and whistleblower incidents to production delays and labor disputes, almost everything that could have gone wrong for Boeing did go wrong.However, there is a silver lining in otherwise dark clouds — Wall Street analysts have ...