Boeing shares stumble after mid-flight blowout
Boeing shares fell more than 8% at one point while shares in its supplier Spirit Aerosystems dropped 11%.
Boeing shares fell more than 8% at one point while shares in its supplier Spirit Aerosystems dropped 11%.
Jan. 11, 2024 12:53 pm ET Federal regulators have formally notified Boeing that it is being investigated following an incident with its 737 MAX 9 plane. The Federal Aviation Administration said Thursday that it had notified Boeing of the investigation, which will determine if the company failed to ensure products were safe and met approved…
Business & Finance 21 November 2023, 2:14 pm 1 minute Reuters exclusively reported that India’s Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, has decided to not follow through with a bid, three people familiar with the plans said, pushing the insolvent airline closer…
Updated Jan. 8, 2024 11:17 am ET Travelers on Monday faced heavy flight cancellations by United and Alaska airlines, one of several ripple effects from the weekend grounding of the Boeing 737 MAX 9. United Airlines canceled more than 220 flights, or 8% of flights, Monday, according to flight tracker FlightAware. Alaska Airlines canceled about…
WFAN parent Audacy has filed for bankruptcy protection amid a slump in advertising revenue. The Philadelphia-based company, which oversees major podcast and radio operations and has acquired CBS Radio, said it has filed a Chapter 11 petition in the US Bankruptcy Court for the Southern District of Texas after a restructuring agreement with a majority of its debtholders….
January 7, 2024 at 6:00 a.m. EST (The Washington Post/Laura Padilla Castellanos; Jabin Botsford/The Washington Post; iStock) Comment on this storyComment Add to your saved stories Save Donald Trump is vowing sweeping changes to the nation’s economy that threaten to reignite inflation — even as the former president blames President Biden for higher prices and…
The incident raises prospects of growing conflict in the Middle East, which could impact UK fuel prices.