airplane

Boeing Company Shares Dropped After Second-Quarter Results

Boeing Company Shares Dropped After Second-Quarter Results

The Boeing Company (NYSE: BA) reported its second-quarter earnings and revenue on Wednesday. Shares of Boeing dropped 3.2% in premarket trade today.According to the company, revenue for the second quarter increased to $24.3 billion, which beat analy..

Boeing, Airbus to Lose $40 Billion After Trump Leaves Iran Deal

Boeing, Airbus to Lose $40 Billion After Trump Leaves Iran Deal

President Donald Trump announced on Tuesday his decision to withdraw the U.S. from the Iranian nuclear deal. The withdrawal impacts oil stocks and defense contractors, like Boeing Co. (NYSE: BA) and Airbus SE who have deals within the nation.Trump&r..

Boeing Surpasses Q1 Estimates; Raises 2018 Guidance Despite Trade War Tensions

Boeing Surpasses Q1 Estimates; Raises 2018 Guidance Despite Trade War Tensions

Boeing Co. (NYSE:BA) reported its first quarter financial results and surpassed Wall Street estimates in both earnings and revenue. Despite the trade war tensions, the aircraft manufacturer raised its 2018 full year guidance. Shares were trading 2.4..

Delta Shares Rise on Better than Expected Q1 Earnings

Delta Shares Rise on Better than Expected Q1 Earnings

Delta Air Lines Inc. (NYSE: DAL) reported better than expected first quarter financial results boosted by higher traffic, despite rising costs of the airline. Shares were trading 2.6 percent higher midday on Thursday.The airline reported a record re..

Lufthansa Buys Stake in Air Berlin

Lufthansa Buys Stake in Air Berlin

On Thursday, Lufthansa signed a $249 million deal to buy parts of Air Berlin to use their assets and quickly expand their Eurowings budget business. Following this announcement, shares of Lufthansa jumped more than 3% marking their highest level in ..

Boeing, Bombardier, and Brexit

Boeing, Bombardier, and Brexit

The United States and the United Kingdom have locked horns over two companies: Boeing Co (NYSE: BA), the US aerospace giant and Bombardier, the former's Canadian rival and a large company by itself. The latter was bailed out of financial difficu..

Boeing to Layoff Workers at North Charleston Plant

Boeing to Layoff Workers at North Charleston Plant

Boeing Co. (NYSE: BA) announced that the North Charleston plant will be cutting its workforce. The airplane manufacturer be cutting “fewer than 200 people” at the 787 Dreamliner campus and other facilities in the city, according to ..