Boeing

Boeing Delivered 218 Airplanes Year-To-Date Through July, Including 166 MAX; Reports 43 Commercial Jet Deliveries In July, Matching Last Year’s Numbers, With 31 737 MAX; 228 Gross Aircraft Orders Through July, 72 In July Alone Including 57 For 737 MAX; Net 186 Orders After Cancellations/Conversions; Six 787 Jets Delivered In July; One 737 MAX Cancellation From Aerolineas Argentinas

Israel’s planned order for up to 50 of Boeing’s revamped F-15 fighter jets and modernization of another 25 aircraft underpins plans to boost annual output to 25 as early as next year. The potential $18.8 billion deal, notified to Congress on Tuesday, would involve deliveries from 2029. That’s some 41 years after the plane was initially deployed by the U.S. Air Force, which received the first of its revamped F-15EX models in June.

By James Rogers ‘These commercial companies cannot afford to have an accident because it could completely end their program,’ notes former astronaut Eileen Collins Boeing Co.’s confidence in the ability of its Starliner space capsule to bring NASA astronauts Butch Wilmore and Suni Williams back home to earth “speaks volumes” amid the uncertainty swirling around the troubled mission, according to former Space Shuttle commander Eileen Collins. There was a major twist in the Starliner saga last week when NASA discussed the possibility of bringing astronauts Wilmore and Williams back to Earth on a SpaceX Crew Dragon spacecraft. But in a statement released after NASA’s Aug. 7 press conference, Boeing (BA) said that Starliner could still bring Wilmore and Williams safely home. “Crew Flight Test is currently a crewed mission, and we still believe in Starliner’s capability and its flight rationale,” the company said. “If NASA decides to change the mission,

Boeing: 737 Program Gradually Increased Production During Quarter and Still Plans to Increase Production to 38 per Month by Year End.

Kelly Ortberg inherits a Boeing with $57.9 billion in debt and a credit rating hovering a notch above junk at one agency with negative watches at two others. April’s $10 billion bond issue at least bolstered a cash pile that had fallen into single-figure billions, but $4.2 billion of that was burned through in the latest quarter. With cash expected to be negative for the year, Ortberg and CFO Brian West may still have to return to the debt market to cover borrowings assumed from the planned takeover of Spirit AeroSystems.

The Boeing Co.’s stock (BA) rose 2% early Wednesday, after the aerospace giant second-quarter earnings fell short of estimates, but the company said it’s making progress in beefing up its quality management system. The company had a net loss of $1.439 billion, or $2.33 a share, wider than the loss of $149 million, or 25 cents a share, posted in the year-earlier period. Adjusted for one-time items, the company’s loss per share came to $2.90, wider than the FactSet consensus for a loss of $1.90. Revenue fell 15% to $16.866 billion from $19.751 billion a year ago, also missing the $17.350 billion FactSet consensus. “Despite a challenging quarter, we are making substantial progress strengthening our quality management system and positioning our company for the future,” said CEO Dave Calhoun in prepared remarks. The company submitted its safety and quality plan to the Federal Aviation Administration during the quarter, while the

Aviation Capital Group Expands 737 MAX Order Book With Purchase Of 35 Jets, Including 16 737-8 And 19 737-10 Models; Boeing And ACG Announce Finalized Order To Meet Rising Demand For Fuel-Efficient Single-Aisle Jets; ACG’s Total 737 MAX Commitment Now…

Boeing Notified Some 737 Max Customers in Recent Weeks That Aircraft Due for Delivery in 2025 and 2026 Face Additional Delays – Bloomber

Boeing Reports June Deliveries Of 44 Commercial Jets Including 34 737 Max, For Highest Monthly Total In 2024; June Deliveries Of Five 777 Freighter Jets; Delivered 175 Airplanes During First Half Of 2024; Reports 14 Gross Aircraft Orders In June Including 3 For 737 Max; Had 2 Cancellations In June Including 1 Max And 1 Dreamliner; Reports 11 Orders In June For 777 Freighters; Boeing Reports 142 Gross Aircraft Orders Year To Date; Reports 115 Orders Net Of Cancellations/Conversions Year To Date

Boeing has proposed funding its acquisition of partsmaker Spirit AeroSystems with stock rather than cash, according to people familiar with the matter, a last-minute twist in deal talks that comes as the jet maker burns through more than $1 billion a month. Boeing and Spirit, a jet fuselage maker it split off two decades ago, were closing in on an all-cash deal this weekend when Boeing switched to an offer consisting largely of company stock.

Boeing (BA) is expected to avoid criminal prosecution by the US Department of Justice for breaching a 2021 settlement agreement linked to problems with its 737 Max 8 model, which resulted in two fatal plane crashes in 2018 and 2019, The New York Times reported Friday, citing people familiar with the discussions. The Justice Department plans to offer Boeing a deferred prosecution agreement which will require the installation of a federal monitor to oversee safety improvements, the report said, citing the people. Federal prosecutors said in May that Boeing violated the 2021 deferred prosecution agreement by failing to establish an anti-fraud compliance program, prompting the Justice Department to consider criminal charges but officials have opted for an independent watchdog to expedite safety and quality improvements, according to the report.

Boeing (BA) has reportedly informed its suppliers of a three-month delay in reaching a key production milestone for its 737 jets, Reuters reported, citing two industry sources. According to the sources, the revised schedule now targets a production rate of 42 jets per month by September instead of June. Boeing expects a gradual increase in output, aiming for 47 jets per month by March 2025 and 52 jets per month by September 2025. Boeing’s decision to delay the production milestone suggests ongoing supply chain constraints, the report said.