Boeing Stock Descends 4% To 5-Month Low

11:38am, Tuesday, 12'th Mar 2024
Boeing stock tanked again Tuesday as the aerospace giant's headaches mount, wiping out roughly $45 billion of market value in 2024 alone as high-profile safety incidents draw the ire of Washington and
There is a trio of terrible headlines for Boeing (BA) on Tuesday morning. First, Southwest Airlines (LUV) is reevaluating its full-year guidance given the airplane maker's troubles.
Boeing delivered 27 planes in February, while Airbus handed over 49.
Boeing Co said on Tuesday it had delivered 27 airplanes in February, down one unit from the same month a year ago, as the U.S. planemaker faces curbs on production growth.

Why Are Airline Stocks Down Today?

10:46am, Tuesday, 12'th Mar 2024
Airline stocks are down today as investors deal with several bits of bad news for the industry on Tuesday! Starting off the negative news today is Delta Air Lines (NYSE:DAL) with its latest quarterly
Southwest Airlines said in a regulatory filing that it has to cut capacity and pause hiring as Boeing faces ongoing aircraft manufacturing certification and delays.
CNBC's Phil LeBeau joins 'Squawk on the Street' with the latest news from Southwest Airlines.
Airline Southwest said Boeing expects to deliver 46 737-8 planes in 2024, less than the previously expected 79.

Boeing whistleblower found dead

09:26am, Tuesday, 12'th Mar 2024
A former Boeing employee who blew the whistle on alleged safety concerns at the aircraft manufacturer has been found dead in the US.
Boeing stock was down in early trading Tuesday after Boeing failed 33 of 39 product audits conducted by the FAA, the New York Times reported.
Southwest Airlines received an upgrade early Tuesday. But shares drop as Boeing delivery issues still plague the airline.
Southwest Airlines cuts capacity, and rethinks 2024 financial forecast, citing Boeing problems
Boeing whistleblower John Barnett was found dead in a South Carolina parking lot just days after giving evidence against the company in a lawsuit against them, as the company faces increasing scrutiny
New Zealand investigators Tuesday seized the flight recorder from a Boeing-made LATAM plane, searching for the cause of a mid-air plunge that injured dozens of terrified travelers.
A Boeing BA whistleblower was found dead in Charleston before he could conclude depositions in his AIR21 retaliation filing against the company.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE