Boeing Co

The IM-1 lander "Odysseus" in lunar orbit on Feb. 21, 2024.Intuitive MachinesIntuitive Machines is building on the successes of its inaugural moon mission, reporting fourth-quarter results on Thursday and saying it now has "sufficient capital for the near term."The lunar company revealed that its cash balance at the end of the year was just $4.5 million – partly the result of paying down $12 million in debt off its balance sheet. Following its historic February moon landing, the company saw about $50 million in "warrant…

A Boeing 737 Max aircraft during a display at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022.Peter Cziborra | ReutersBoeing handed over 27 airplanes to its customers last month as it continues to struggle with quality control problems and production delays that have frustrated the CEOs of some of its biggest airline customers.So far this year, Boeing has handed over 54 planes, while Airbus has widened its lead over its main rival, delivering 79 planes in the first two months of 2024.Delayed…

Boeing 737 MAX airplanes are seen parked at a Boeing facility on August 13, 2019 in Renton, Washington.David Ryder | Getty ImagesSouthwest Airlines said Tuesday that it will have to trim its capacity plans and reevaluate its financial forecasts for the year, citing delivery delays from Boeing, its sole supplier of airplanes.The Dallas-based airline said Boeing informed Southwest's leaders that it should expect 46 Boeing 737 Max 8 planes this year, down from 58. Southwest had expected Boeing to deliver 79 Max planes,…

An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019.Lindsey Wasson | ReutersBoeing's latest Max crisis is forcing some of its biggest customers to rethink their growth plans this year — and possibly beyond, several airline CEOs said Tuesday.Their comments highlight how Boeing's top buyers have felt the effects of its problems: snowballing quality control issues, a slow increase of output and certification of new aircraft that is running years…

United Airlines CEO Scott Kirby speaking in Chicago on June 5, 2019.Kamil Krzaczynski | ReutersUnited Airlines CEO Scott Kirby on Monday sought to reassure customers about the carrier's safety after a series of flight problems in recent weeks.In one incident this month, a tire fell from one of the carrier's Japan-bound Boeing 777s shortly after takeoff, damaging cars in a San Francisco airport parking lot. In another, a missing panel from the plane was discovered after the older Boeing 737 landed in Oregon on…

A United Airlines 737 Max 8Leslie Josephs | CNBCUnited Airlines will pause pilot hiring this spring because of aircraft deliveries from Boeing, the latest effect of the plane maker's problems with one of its biggest customers.New hire classes will be paused in May and June and will likely resume in July, Marc Champion, vice president of flight operations, and Kirk Limacher, vice president of flight ops planning and development, told staff Thursday in a memo, which was seen by CNBC."We wanted to let you know that United…

A United Airlines Boeing 787-8 Dreamliner aircraft is seen taking off from Amsterdam Schiphol Airport.Nicolas Economou | Nurphoto | Getty ImagesUnited Airlines is planning to launch flights to Marrakesh, Morocco, and Medellin, Colombia, and ramp up its service to Asia, in the carrier's latest bet that consumers will continue to shell out for trips abroad.The flights from United's Newark, New Jersey, hub to Marrakesh are scheduled to begin Oct. 24 using a Boeing 767-300ER. The carrier's Houston-to-Medellin flight is slated…

A Boeing 737 passenger aircraft of American Airlines arrives from Austin at JFK International Airport in New York as the Manhattan skyline looms in the background on February 7, 2024.Charly Triballeau | Afp | Getty ImagesAmerican Airlines said Monday that 80% of its revenue this year will come from loyalty program members and passengers who buy more expensive tickets, up from a 70% share in 2017.American and other carriers have poured billions of dollars into new cabins, lounges and onboard upgrades to cater to…

American Airlines flight 718, a Boeing 737 Max, takes of from Miami International Airport on its way to New York on December 29, 2020 in Miami, Florida.Joe Raedle | Getty ImagesAmerican Airlines said Monday it is ordering 260 new narrow-body jets, including dozens of Boeing's long-delayed 737 Max 10.The order includes 85 of Boeing's 737 Max 10 planes and 85 of the Airbus A321neo, aircraft it says will help it upgauge on domestic and short-haul international routes. The Fort Worth, Texas-based airline is also ordering 90…

Airplane fuselages bound for Boeing's 737 Max production facility sit in storage at their top supplier, Spirit AeroSystems Holdings Inc, in Wichita, Kansas, U.S. December 17, 2019. Nick Oxford | ReutersShares of Spirit Aerosystems, which makes fuselages for Boeing's 737 Max jets, surged Friday after a report that Boeing is in talks to acquire the company, as both companies scramble to stamp out manufacturing flaws on the top-selling plane.Spirit was up 13% as of late morning on Friday while Boeing's were down about 1%…