Boeing Stock News

Tatas in talks with Boeing, Airbus to upgrade Air India''s fleet

Talks with the two aircraft manufacturers are still in the preliminary stage

In Boeing, the broader view suggests that it’s correcting the cycle from March 2020 low cycle. While the decline since March 2021 high is unfolding as

Tata had begun preliminary discussions with the plane makers and lessors for jets including Airbus A350-900s and Boeing 787-9 Dreamliners, citing people familiar with the matter.

Air India has a fleet of over 140 Airbus and Boeing planes. Experts say it would cost Tata over $1b to refurbish its ageing fleet.

Air India’s average fleet age is more than 10 years. Boeing Co. and Airbus SE are in talks with the new owners of Air India…

Tata last month regained ownership of state-run carrier Air India

Boeing announced on Thursday that the company has delivered the 12th P-8I maritime patrol aircraft to India, Trend reports citing Xinhua.

And do these declines make sense?

Insurers for several current and former Boeing directors will pay the settlement to Boeing.

A judge has approved a settlement of a lawsuit in which Boeing investors accused company directors of failing to properly oversee safety issues around the 737 Max

Share of defense contractors caught a bid in early trading Thursday, as Russia''s invasion of Ukraine fueled expectations of increased defense spending. The iShares U.S. Aerospace & Defense ETF gained 0.6% in premarket trading, while S&P 500 futures sank 2.6% toward a nine-month low. Among the defense ETF''s biggest gainers, shares of Textron Inc. ran up 7.9%, Northrop Grumman Corp. rallied 3.2%, Lockheed Martin Corp. advanced 2.4%, Raytheon Technologies Corp. climbed 2.2% and General Dynamics Corp. gained 1.5%. Meanwhile, shares of Boeing Co. , of which about one-third of fourth-quarter revenue was from its commercial airplanes business, dropped 3.7%, as the invasion weighed on travel-related stocks. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

New York State Comptroller Thomas P. DiNapoli issued the following statement today regarding the approval of the settlement of the derivative lawsuit the New York State Common Retirement Fund and the Fire and Police Pension Association of Colorado filed against the directors of The Boeing Company. Under settlement approved today by the Delaware Chancery… The post N.Y. State Comptroller DiNapoli Statement on Boeing Lawsuit Settlement appeared first on InsuranceNewsNet .

Boeing Co. and Airbus SE are in talks with the new owners of Air India Ltd. about an order for a raft of new planes, according to people familiar with the matter, part of a plan to rejuvenate the…