Boeing Stock News

The Boeing Co (BA) is awarded a not-to-exceed $498.31M firm-fixed-price undefinitized order (N0001922F0030) against a previously issued basic ordering agreement (N0001921G0006)

Companies are the latest US giants to drop operations in Russia; ExxonMobil to pull out of offshore oilfield, Apple to halt all sales, Boeing won''t service jets

Watch Video Aviation giant Boeing has announced it''s suspending operations in Moscow. The company announced that it will no longer offer support services for Russian airlines, and will cut off access to parts and maintenance supplies. The company has also closed its office in Kiev amid the fighting. Boeing is just the latest global company to halt operations in Russia or suspend working with Russian companies.

KYIV/KHARKIV: Ukrainians said on Wednesday they were battling on in the port of Kherson, the first sizeable city Russia claimed to have seized, while air strikes and bombardment caused further devastation in other cities, especially Kharkiv in the east. Russia''s week-old invasion has yet to achieve its aim of overthrowing Ukraine''s government but has sent more than 870,000 people fleeing to neighbouring countries and jolted the global economy as governments and companies line up to isolate Moscow. The United Nations General Assembly voted overwhelmingly on Wednesday to deplore the invasion "in the strongest terms". It demanded that Russia withdraw its forces in a resolution backed by 141 of the assembly''s 193 members. Bombing of Kharkiv, a city of 1.5 million people has left its centre a wasteland of ruined buildings and debris. "The Russian ''liberators'' have come," one Ukrainian volunteer lamented sarcastically, as he and three others strained to carry the dead body of a man wrapped in a bedsheet out of the ruins on a main square.

Major Western Companies Retreat From Russia Russian Aviation Sector Isolated As Boeing Suspends Parts, Maintenance Russia''s Top Bank Quits Europe Due To Sanctions Russia Keeps…

The Wall Street Journal / Boeing Co. said Tuesday that it has suspended parts and maintenance support for Russian airlines as well as its operations in Moscow, further restricting the nation’s ties and adding further barriers to its carriers’ ability to fly. European Union sanctions recently barred parts for Airbus SE and other aircraft being …

US tech giant Apple said it had stopped sales of iPhones and other products in Russia

Apple has become the latest major firm to halt all product sales in Russia, in a widening corporate backlash to the country’s invasion of Ukraine. The tech giant was said it was “deeply concerned” about the Russian invasion and stands with those “suffering as a result of the violence”. Apple Pay and other services such as Apple Maps have also been limited. Nike did not comment on the conflict but customers are no longer able to order its products online. An automated message said Nike was halting online orders because it could not guarantee delivery of goods to customers in Russia. However, the website directed customers to their nearest Nike stores. One Ukrainian member of parliament, Lesia Vsylenko, tweeted that the sportswear giant’s move was a great example of how private companies could impose sanctions against Russia A series of high profile brands have pulled back from Russia in recent days, including film studios, carmakers and technology firms. Google has removed Russian state-funded publishers such as RT from its features.

Russian aviation veered towards isolation on Wednesday as Boeing and Airbus halted the supply of components and analysts predicted carriers may strip parked planes for parts or be tempted to explore alternative sources to continue flying.

KYIV: Russian forces said they had captured a port on the Black Sea yesterday as Russian and Ukrainian troops battled for another city and Ukraine’s leader said Moscow wanted to “erase” his country. The Russian army said it had taken control of Kherson, as its troops advanced and pounded cities across southern and eastern Ukraine, defying sanctions and international isolation. Russian paratroopers also landed in Kharkiv, Ukraine’s second-biggest city, triggering clashes in the streets, Ukrainian forces said. The emergency services said four people were killed in the city yesterday and there was now “mass shelling and bombing” in the centre. In a video address, Ukrainian President Volodymyr Zelensky said Russian forces wanted to “erase our country, erase us all”. Zelensky said Tuesday’s strike on a television mast in the capital Kyiv demonstrated Russia’s threat to Ukrainian identity. Five people were killed in the attack on the tower at Babi Yar, the site of a Nazi massacre in which over 33,000 people were killed—most of them Jews.

Aerospace firms suspend services to Russian aviation industry in wake of Ukraine invasion

Kremlin spokesman Dmitry Peskov says Russia’s economy is being hit hard by Western sanctions. He spoke to journalists about this topic today. “Russia’s economy is suffering serious blows. But there is a certain margin of security, there is potential, there are certain plans, work is underway. [The economy] still stands,” Peskov said. For reference, after the Russian invasion of Ukraine, the West imposed sanctions on Moscow. Among them: part of the Russian banks were cut off from SWIFT, the EU and the US locked the sky, restrictions were imposed on the central bank, transactions were frozen, and the media outlets spreading Russian propaganda were sanctioned. Apple, ExxonMobil, Ford, Boeing and Airbus joined a list of companies shutting down or suspending their operations in Russia in response to its invasion of Ukraine and ensuing Western sanctions. The ruble weakened again to trade at 112 to the US dollar. By Ana Dumbadze Related Story: Zelensky: It’s Impossible to Remain Neutral Now The post Russia Says its Economy is Taking ‘Serious Blows’ as Isolation Grows appeared first on Georgia Today .

Planemakers Boeing and Airbus have halted supply of parts and support to Russian airlines as the effects of sanctions over Russia''s invasion of Ukraine ripple across the global aviation industry.

Boeing (BA) says it has suspended parts and maintenance support for Russian airlines, adding further barriers for Russian airlines to continue operating a fleet of more than…

There’s a growing chorus of Western companies openly condemning Russian actions in Ukraine as sanctions have hammered the country’s ruble and forced the central bank to raise interest rates