Boeing Faces Strike Threat
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Boeing (NYSE:BA) is set to post second quarter results on Tuesday, before markets open. The Virginia-based company is expected to post EPS of -$1.31 on revenue of $21.72 billion, implying a rise of nearly 29% during the quarter.
Market Catalysts host Julie Hyman tracks today's top moving stocks and biggest market stories in this Market Minute. Advanced Micro Devices (AMD) stock is climbing on a price target boost from UBS, reports of raised artificial intelligence (AI) chip prices,
China's Civil Aviation Administration head, Song Zhiyong, met with Brendan Nelson, Boeing's senior VP, to discuss cooperation. This meeting highlights potential advancements in U.S.-China aviation collaboration.
Comac has delivered fewer than 200 planes, but has huge ambitions to take on the duopoly that has dominated global aviation for decades.
A high-level delegation of American executives will travel to China this week to meet senior Chinese officials in a trip organised by the U.S.-China Business Council (USCBC), two sources with knowledge of the visit told Reuters on Monday.
This means China will need an estimated 6,500 single-aisle planes like the 737 Max and more than 1,500 larger, twin-aisle planes, such as Boeing’s 787 Dreamliner, Boeing said.
Boeing has waited months to be able to deliver those jets to China and they have been patient in the process, but that patience wears out at some point. We are not at that point.
U.S. aeronautics company Boeing said on Tuesday that it delivered 60 airplanes in June, a 27% increase compared to a year earlier, including eight to Chinese customers for the first time since a trade spat between the U.
U.S. trade deal reinstates a decades-old tariff exemption for the aerospace sector, allowing for the free shipment of new aircraft, engines and spare parts. "This restores the longstanding, reciprocal
China has taken delivery of about 1,500 Boeing airplanes, more than any other country outside the U.S. Currently, China takes a quarter of all Boeing jets delivered and nearly a third of all the ...
Single-aisle aircraft, such as the Boeing 737 Max family, will comprise the category with the largest demand over the next 20 years in China, according to Boeing's Commercial Market Outlook ...
Top American and Chinese officials are meeting for two days of talks in Stockholm as the Trump administration tries to complete trade deals.