Airline stocks fell significantly on Thursday. More coronavirus cases led to travel restrictions and a big drop in demand.
Yesterday, Boeing rose 0.41% on rumors that Warren Buffett might buy into the beleaguered plane maker. At 10:27 AM today, it was up about 1% at $334.62.
A Ukrainian Boeing 737–800 aircraft crashed today within minutes after takeoff from Iran's Imam Khomeini International Airport.
American Airlines (AAL) strikes a confidential compensation deal with Boeing (BA) regarding losses caused by the 737 MAX grounding in 2019.
Let’s look at two stocks with unusual options activity: Tesla and GE. During Q4, Tesla delivered 92,550 Model 3 vehicles and 19,450 Model S and X cars.
Boeing (BA) is considering raising its debt as the grounding of its 737 MAX has stretched into 2020, reported The Wall Street Journal this morning.
Boeing is still struggling to get its 737 Max 8s flying again. Aside from the software problem, there's a wiring issue that could delay its return.
It's no surprise that Airbus beat Boeing in 2019 deliveries. Last year, the European aircraft maker's deliveries rose 8% year-over-year to 863 planes.
The US airline stocks are in focus as crude oil prices soar after the US assassinated a top Iranian military commander last Thursday night.