aircraft

Boeing Fined $2.5 Billion Over 737 Max Crashes
Risk & Compliance

Boeing Fined $2.5 Billion Over 737 Max Crashes

U.S. prosecutors alleged two senior Boeing pilots deceived the Federal Aviation Administration into certifying the aircraft as airworthy.
By Matthew Heller | January 8, 2021
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Boeing to Take $4.9B Charge for MAX Grounding
Financial Performance

Boeing to Take $4.9B Charge for MAX Grounding

The charge will result in Boeing's largest-ever quarterly loss and "underlines the magnitude of the crisis" it is facing.
By Matthew Heller | July 19, 2019
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U.S. Factory Orders Continue Growth
The Economy

U.S. Factory Orders Continue Growth

Activity could begin to slow as the labor market tightens and the China-U.S. trade war starts to affect supply chains.
By William Sprouse | October 4, 2018
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F-35 Sales Boost Lockheed to Earnings Beat
Financial Performance

F-35 Sales Boost Lockheed to Earnings Beat

The aeronautics division, Lockheed's largest, delivered an 11.8% sales gain in Q4 as production volume for the F-35 supersonic warplanes increased.
By Matthew Heller | January 30, 2018
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American Airlines Profit Falls on Higher Costs
Financial Performance

American Airlines Profit Falls on Higher Costs

Labor and fuel expenses weighed on the Q4 bottom line but American posted a 5.5% gain in revenue per available seat mile.
By Matthew Heller | January 25, 2018
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U.S. Hikes Tariffs on Bombardier Jets to 300%
Strategy

U.S. Hikes Tariffs on Bombardier Jets to 300%

The Commerce Department's decision in an antidumping case brought by Boeing "underscored the defensive trade policy" of President Donald Trump.
By Matthew Heller | October 6, 2017
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Durable Goods Orders Climb 1.7% in August
The Economy

Durable Goods Orders Climb 1.7% in August

The better-than-expected increase, combined with another gain in core capital goods orders, indicate manufacturing's recovery is picking up steam.
By Matthew Heller | September 27, 2017
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UTC to Buy Rockwell in $30B Aerospace Merger
Strategy

UTC to Buy Rockwell in $30B Aerospace Merger

Like other aerospace suppliers, United Technologies is seeking to cut costs and enhance negotiating power in the face of pricing pressure from customers.
By Matthew Heller | September 5, 2017
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Cost-Cutting Pays off for Boeing in 4th Quarter
Strategy

Cost-Cutting Pays off for Boeing in 4th Quarter

The company ended a tough 2016 on a high note as its focus on lowering costs delivered profits that topped analysts' estimates.
By Matthew Heller | January 25, 2017
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Rockwell to Acquire B/E Aerospace for $6.4B
Strategy

Rockwell to Acquire B/E Aerospace for $6.4B

"It’s really the transition to the digital airplane that's creating the perfect timing to bring these two entities together," Rockwell says.
By Matthew Heller | October 24, 2016
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U.S. Durable Goods Orders Surge 3.4% in April
The Economy

U.S. Durable Goods Orders Surge 3.4% in April

But orders for non-defense capital goods (excluding aircraft) fell 0.8%, said the Commerce Department.
By Matthew Heller | May 26, 2016
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