Boeing Stock News

The company says it has built up an inventory of the material that will keep the move from hampering production rates.

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Boeing (BA) has halted purchases of Russian titanium due to the country''s invasion of Ukraine, the Wall Street Journal reports, which could impact its relationship with its largest…

According to the media, the company receives about a third of the required amount of titanium for aircraft components from Russia

Plane maker has suspended buying the metal from Russia but must still deal with ties with company linked to sanctioned oligarch and Putin ally

NEW YORK, March 7 — Boeing Co has suspended buying titanium from Russia, the Wall Street Journal reported today, a move that could have ramifications for the planemaker’s relationship with its largest supplier of the commodity, VSMPO-Avisma….

American aircraft manufacturer Boeing has suspended purchases of Russian titanium, the company''s press service said on Monday, Report informs, citing TASS.

Ethiopian Airlines signed a memorandum of understanding (MoU) to purchase five of Boeing newest air-cargo haulers, the 777-8 freighter. This is the industry’s newest, most capable and most fuel-efficient twin-engine freighter. According to Boeing, the 777-8F offers an almost identical payload to the 747-400F along with a 30% improvement in fuel efficiency, operating costs and emissions. The carrier is the second customer to announce a commitment for the freighter version of the 777X, which was launched with an initial deal for 50 aircraft from Qatar Airways in late January this year. The MoU to order the 777-8 Freighter will enable Ethiopian Airlines to meet expanding global cargo demand from its hub in Addis Ababa and position the carrier for long-term sustainable growth. Ethiopian’s cargo division serves over 120 destinations across the globe. According to the African Airlines Association (AFRAA), the carrier is the largest cargo provider on the continent, with 525,000 tonnes carried over 2020.

Nigeria has evacuated 807 of its citizens from Ukraine as at Saturday. The evacuees arrived at the Nnamdi Azikiwe International Airport, Abuja in three flights. The first batch of 450 Nigerians stranded in Ukraine arrived aboard Max Air flight 747 at 7:10 a.m., on Friday through Romania. The second batch came aboard Air Peace Boeing The post Over 800 Nigerians in Ukraine evacuated appeared first on National Daily Newspaper .

SEATTLE, March 4, 2022 /PRNewswire/ -- Boeing (NYSE: BA) and its longstanding customer Ethiopian Airlines today announced the signing of a Memorandum of Understanding (MoU) with the intent to purchase five 777-8 Freighters, the industry''s newest, most capable and most fuel-efficient…

Boeing Co. (NYSE: BA ) shares are trading lower Friday and have recently broken below a key level of support. If the stock can hold below this support, it may bring about a period of bearish movement again. Boeing is down 4.89% at $179.58 at publication Friday afternoon. See Also: BOC Aviation Purchases 11 Boeing 737 MAX 8 Aircraft Boeing Daily Chart Analysis Shares cracked below the $205 level and went on to test it as an area of resistance. This is a bearish sign to traders as this level is where the … Full story available on Benzinga.com

An Aeroflot engine being checked by maintenance in Russia. Denis Kabelev/Shutterstock Boeing and Airbus have stopped supplying spare parts to Russian airlines as part of…

JP Morgan, Goldman Scoop Up Distressed Russian Assets As Analysts Fret About Economic Collapse A couple of days ago, as Russia-linked ETFs plunged following a battery of US and European sanctions against Russia designed to isolate its economy and cut its people off from the global financial system, we asked ourselves: who is buying all these Russian assets? The notion that American distressed investors would pass up the opportunity to pick up Russian assets on the cheap seemed, well, counterintuitive. And while China was likely one source of capital, would western investors really allow the sanctions threat to scare them away from an obvious opportunity to buy? Fast forward to last night, and a team of reporters at Bloomberg have produced an answer: at risk of potentially violating US sanctions (which have imposed strict limits on secondary market transactions involving certain types of Russian debt), JP Morgan and Goldman are already scooping up Russian corporate bonds, either for their own book, or on behalf of waiting clients.

The aerospace giant said the emergency assistance package will support humanitarian response efforts in Ukraine.

The Russian rouble touched a record low earlier this week as companies including Ikea, Apple, Ford, Toyota, Boeing, H&M and Volkswagen said they would halt operations.