Boeing Stock News

Stocks in Toronto returned to the win column with a vengeance Tuesday, with strength in health-care and tech stocks providing much of the impetus. The S&P/TSX Composite leaped 150.04 points to close Tuesday at 21,502.55. The Canadian dollar dipped 0.03 cents at 78.53 cents U.S. Pot stocks led the charge upward, with Aurora Cannabis surging 38 cents, or 6.9%, to $5.88, while rival Tilray took on 49 cents, or 5.7%, to $9.05. Among industrials, Ballard Power Systems jumped $1.21, or 10.3%, to $13.02, while Lion Electric hiked 49 cents, or 4.3%, to $11.33. Techs also had a field day, with Lightspeed growing $3.71, or 10.1%, to $40.33, while HUT 8 Mining grabbed 61 cents, or 7%, to $9.37. Gold brought the index down, with Equinox faltering 17 cents, or 2.1%, to $7.99, while Barrick Gold slid 52 cents, or 1.9%, to $26.33. Materials did not fare much better, with Capstone Mining skidding 26 cents, or 4%, to $6.17, while SSR Mining paled 48 cents, or 2.1%, to $22.44. In the energy field, Suncor fade 67 cents, or 1.8%, to $37.17, while Imperial Oil dropped 64 cents, or 1.1%, to $55.63.

Neither Boeing nor the FAA have said when deliveries will resume.

The Federal Aviation Administration told Boeing on Tuesday that it would maintain authority in approving Boeing 787 aircrafts. “This will allow the agency to confirm the effectiveness of measures Boeing has undertaken to improve the 787…

The FAA sets its terms for Dreamliner deliveries to resume.

Two U.S. lawmakers asked the Transportation Department''s Office of Inspector General to review the Federal Aviation Administration''s (FAA) oversight over Boeing Co''s actions surrounding the 737 MAX jet.

The Federal Aviation Administration said Tuesday it will retain the authority to issue airworthiness certificates for all Boeing 787 Dreamliner aircraft and perform final inspections on newly produced 787s. The US aviation regulator said it notified Boeing of the decision Tuesday and said it will retain the authority until it is confident that “Boeing’s quality…

FAA Retains Final Decision To Inspect Airworthiness Of Boeing''s New 787 Dreamliners Around the time CNBC broke the story that the Federal Aviation Administration (FAA) removed Boeing Co''s ability to self-certify the airworthiness certificates for all 787 Dreamliner, shares in the company retreated from session highs. BREAKING: FAA removes Boeing''s ability to self-certify all Boeing 787 Dreamliners. pic.twitter.com/bxN474dTtD — CNBC Now (@CNBCnow) February 15, 2022 FAA said it notified Boeing Tuesday of the decision to retain the authority to certify 787 Dreamliner themselves until confidence is restored with the commercial jet manufacturer. Shares jumped more than 4% at the beginning of the U.S. cash session, but when the CNBC report debuted, shares fell about 1.5% but still up more than 3%. For months, we have noted the new American wide-body jet deliveries have remained halted as the FAA reviews and inspect structural flaws in the jets. Other reports indicate the jets have " certain titanium parts " that "are weaker than they should be" that could lead to "premature fatigue." Frozen delivers of the 787 contributed to a painful fourth quarter for Boeing.

Federal safety regulators say they will retain power to approve Boeing 787 airliners for flight rather than return that authority…

Federal safety regulators say they will retain power to approve Boeing 787 airliners for flight rather than return that authority to the aircraft maker, which hasn''t been able to deliver any new Dreamliner planes since last May because of production flaws. The Federal Aviation Administration said it told Boeing of its decision Tuesday. The FAA said that once deliveries of 787s resume, it will perform final inspections and retain power to clear each new plane until it is confident that Boeing’s quality control and manufacturing “consistently produce 787s that meet FAA design standards.”

CNBC Television published this video item, entitled "FAA pulls Boeing''s ability to self certify 787 jet" - below is their description.

SINGAPORE/SEATTLE (Reuters) – Supply chain shortages and wage inflation are at the top of a list of concerns for aerospace companies attending a depleted Singapore Airshow amid tight health controls this week. Across aerospace, the suppliers that feed Boeing and Airbus factories are facing an acute shortage of skilled workers and weakened balance sheets after … Read More

Airbus and Boeing traded blows last year over who could best position themselves to own the world''s growing air cargo market. Airbus launched a…

Aerospace giant Boeing Co has to defend itself for a second time from accusations that it stole trade secrets from a contractor that it allegedly bankrupted, a U.S. appeals court ruled Monday.

Rolls-Royce, the engine maker known for powering Airbus and Boeing workhorse jets, expects a fully electric small aircraft in three to five years.

Western insurance companies are stopping insuring airlines flying over the territory of Ukraine, practically closing the sky over the country. The Ukrainian news outlet Strana.ua reports, citing sources in the insurance market, that on Sunday the largest British insurance companies, which reinsure other insurers, sent out a notice that within 48 hours insurance coverage for flights going to and out Ukraine will not be provided. "Not a single plane will fly to or out of Ukraine starting from about the middle of the day on Monday," the source said. The same information was confirmed by the owners of private jets. Insurance coverage for their aircraft will be revoked if they are in Ukraine, and therefore the aircraft should be withdrawn from Ukraine to the European zone. Most likely, starting Monday, 4pm Kyiv time, the air traffic over Ukraine will come to a halt, writes the deputy of the Verkhovna Rada of Ukraine from the European Solidarity faction. It is from this time (14.00 London time) that there will be no insurance coverage for civil aircraft that are in the Ukrainian airspace, Goncharenko claims.