Boeing's stock swings higher after Q1 results, which include $1 billion increased cost for 737 business

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Boeing stock swings higher after earnings, which included costs for 737 MAX

Boeing Co.'s BA, -0.31% commercial airplanes business suffered first-quarter declines in profit, revenue and margin in the wake of groundings of its 737 MAX planes after two deadly crashes. The stock has swung higher in premarket trade, rallying 1.6% after being down as much as 1.3% earlier, after Boeing reported adjusted earnings that missed expectations and revenue that came up a bit shy, while saying it would update its 2019 guidance at a future date.

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Whaaat?! With flying death traps?

What a difference 6 minutes makes bothsides

Beautiful! 'Boeing's stock has gained 4.4% over the past three months through Tuesday, while the Dow Jones Industrial AverageDJIA+0.55% has gained 8.6%...'

$BA is not a stock which could grow..

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Boeing CEO Dennis Muilenburg Faces Mounting Pressure From 737 MAX CrashesThe high-energy CEO may need every ounce of energy he’s got as he grapples with one of Boeing’s worst crises ever. Question If the planes were being overdriven (wide open throttle) in ascent a switch to the computer would bring about an immediate drop in throttle & a stall. The plane would then snap over to regain speed. Constantly trying to correct sets up a sine wave fighting the computer?
Source: Forbes - 🏆 394. / 53 Read more »

Boeing CEO Dennis Muilenburg Faces Mounting Pressure From 737 MAX CrashesThe high-energy CEO may need every ounce of energy he’s got as he grapples with one of Boeing’s worst crises ever.
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Boeing making 'steady progress' on path to certifying 737 Max software update, CEO saysThe Boeing 737 Max remains grounded around the world pending regulatory approval to resume flying. Software update will not solve a hardware problem. I can't wait to fly on one! Just kidding. I still won't fly on one.
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Boeing making 'steady progress' on path to 737 MAX software certification: CEOBoeing Co is making 'steady progress' on the path to certifying a soft... Baby meeting with we love I ain’t getting on that damn plane ✈️... The only 'steady progress' the Boeing board of directors should be making is towards jail.
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Boeing 737 MAX joint governmental review will begin April 29: FAAThe U.S. Federal Aviation Administration said Friday that a joint governmental r... Governments impose the limitations of the engineering scope of the quality of manufacturing and work within the scope of the ownership of the team and the multiplicity of shelves working under the quality of manufacturing subject to the addition of take off time factor But firstbthe government must pay the 299.99 government meeting fee with the 29.99 promissory for a Boeing rep to actually show up for the meeting. Better never than this late… oh, wait…
Source: Reuters - 🏆 2. / 97 Read more »

Panel to review approval of Boeing 737 Max flight controlsCHICAGO (AP) — A global team of experts next week will begin reviewing how the Boeing 737 Max's flight control system was approved by the U.S. Federal Aviation Administration. JIXED
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Boeing CEO Dennis Muilenburg Faces Mounting Pressure From 737 MAX CrashesThe high-energy CEO may need every ounce of energy he’s got as he grapples with one of Boeing’s worst crises ever. Don't fret, Boeing will likely outlive us all
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Boeing ‘shielded’ from 737 Max order cancellationsAirlines are hungry for fuel-efficient single-aisle jets and there’s a wait list for the 737 Max’s closest competitor, Oxford Economics says. Supply vs Demand.
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Boeing tests 737 Max software updates, says it’s making ‘progress’ on certificationCEO Dennis Muilenburg says Boeing has completed an engineering test flight using updated MCAS software. Its good to know they are making progress on trying to find a way to keep a poorly designed plane from falling out of the sky. Here's a thought. MAKE A BETTER FUCKING PLANE!!! Some experts think 737 MAX8 problem is not only of software but of design. Big engines are located at odd place. If so, planes must be eliminated from service to avoid more accidents and deaths Yeah, people are not stupid. There are more problems with that plane than just software.
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