Boeing Sued by Flight Attendants Over MAX 9 Mid-Air Panel Blowout
In separate lawsuits, they are seeking compensation for past and future economic damages, citing physical and mental injuries, emotional distress and other financial costs.
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'One of its Cleanest Quarters…': Boeing Stock (NYSE:BA) Slips Despite Gains from Bank of America
Not long ago, we saw a whole slew of analysts come out in favor of aerospace stock Boeing (BA), despite a few problems that cropped up in the meantime. Now, another analyst has come out with good things to say about Boeing, but that proved little comfort to investors. In fact, investors sent shares down modestly in Friday afternoon's trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Bank of America analyst Ronald Epstein —who has a five-star rating on TipRanks—referred to the latest results as '…one of its cleanest quarters in recent years….' Epstein pointed out that Boeing managed to beat both earnings per share (EPS) and free cash flow estimates, while also offering '…a realistic view for what's ahead.' Epstein pointed out that there were no negative adjustments at Boeing Defense, ongoing 'smooth' operations at Global Services, and improvements at Commercial Airplanes as well. About the only thing that Epstein could find wrong with Boeing to explain the recent drop in share price was a remark from Kelly Ortberg, Boeing's current CEO. While Ortberg plans to pursue a hike in the 737 Max production cap currently in place from the Federal Aviation Administration, it is not as vigorous a push as investors were likely looking for. New 737 Max 9 Lawsuit And then, because this is Boeing we are talking about, a new lawsuit came up. This time, it was one posed by flight attendants on the Alaska Airlines (ALK) flight that featured a door panel blowout. A group of four flight attendants staged separate lawsuits to sue for 'physical and emotional injuries.' These include 'compensation for past and future economic damages…physical and mental injuries, emotional distress and other financial costs.' Boeing, for its part, declined to comment. Alaska Airlines also did not mention the matter when asked by Reuters. Word from the National Transportation Safety Board (NTSB) that Boeing did not provide sufficient training to prevent such an incident will likely give the flight attendants' case a little extra credibility. Though, in the end, only a court can decide. Is Boeing a Good Stock to Buy Right Now? Turning to Wall Street, analysts have a Strong Buy consensus rating on BA stock based on 18 Buys and two Holds assigned in the past three months, as indicated by the graphic below. After a 30.53% rally in its share price over the past year, the average BA price target of $257.21 per share implies 16.36% upside potential.
Yahoo
16 hours ago
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The Boeing Company (BA)'s A Horse & Its CEO Has Done A Great Job, Says Jim Cramer
We recently published . The Boeing Company (NYSE:BA) is one of the stocks Jim Cramer recently discussed. The Boeing Company (NYSE:BA) has become somewhat of a regular feature of Cramer's morning show. In this appearance, he had the firm's CEO, Kelly Ortberg, on for an interview. One aspect of The Boeing Company (NYSE:BA) that crossed Cramer's attention earlier was Japan ordering planes as part of trade negotiations. The CNBC TV host wondered whether The Boeing Company (NYSE:BA) would be able to meet the additional demand and discussed Ortberg's response given during the interview: 'And when I spoke to Kelly earlier, he's was saying, I'm saying, oh come on, these orders, I mean these orders are total, you know it's a [inaudible], then President Trump says, no, the orders are real and we're going to make the planes. Now I know Boeing. But Boeing's been a horse. And I just think that Kelly Ortberg, in such a short period of time, has done a remarkable job. We should salute some of these people. We can't just, bang them!' In his remarks about The Boeing Company (NYSE:BA) later during the day on Mad Money, Cramer praised Ortberg and the firm's recent earnings results: 'Now, I felt the same way about Boeing. Now, here's a stock that just hit a 52-week high after giving you almost a double from its low in April. Thank you, Kelly Ortberg. And even though it reported a great quarter with beautiful cash flow, the stock still got hit today. But unlike all the others, just call me a buyer of that one.' While we acknowledge the potential of BA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Se produjo un error al recuperar la información Inicia sesión para acceder a tu portafolio Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información
Yahoo
a day ago
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The Oldest Boeing Passenger Jet In Active Service Has Been Flying For Over 45 Years
American aeronautical juggernaut Boeing has been a hot topic lately, though perhaps not for the best reasons. A couple of deadly 737 Max crashes in just five months spanning 2018 and 2019 has that effect, though. That's not to mention the infamous 2024 Alaska Airlines flight during which an emergency exit door plug ejected itself due to missing bolts. And now, Boeing's latest narrow-body products, the 737 Max 7 and Max 10, are struggling to get certified for use by the U.S. Federal Aviation Administration. That's forcing some customers like United Airlines to switch their orders to older 737 Max models instead. However, before the recent Max iterations became a thorn in Boeing's side, the 737 was widely regarded as a durable, reliable workhouse for commercial airline fleets. Since it first took to the skies in 1967, Boeing has delivered 12,134 of the popular jets as of June 2025. That makes the 737 the most-sold commercial jet ever, although Airbus' A320 family could steal that title in the very near future, even with the A320's mysterious barking noise. Based on our research, none of the very earliest Boeing 737 airframes from the late 1960s are still in mainstream passenger-carrying commercial service. However, the Venezuelan airline Venezolana still operates tail number YV3471 on regularly scheduled domestic routes. That 737-200 was built in 1978, which makes it over 45 years old. Read more: Call Me A Luddite, But These Modern Features Only Seem To Make Cars Worse It Was Almost Lost Forever Venezolana's most vintage Boeing 737 started life flying for Frontier Airlines, which is striking because the Frontier we know today has an all-Airbus fleet. However, the original Frontier Airlines filed for bankruptcy and was absorbed by Continental Airlines in 1986. The current Frontier Airlines that, like so many, charges fees for just about everything except using the lavatory (we shouldn't give them any ideas) was formed in 1994 and is related to the original airline in name only. In 1985, just before the original Frontier ceased to exist, it sold the 737 to United airlines, which flew it outfit until 2001. At that point, it seemed like the end of the line for the venerable jet, which is old enough to predate the signature flat-bottom engine casings designed to accommodate larger turbofans during the 1980s. The plane was stored in the California desert for a decade before Venezolana rescued it from obscurity and brought it back to service in 2011. According to a 2024 YouTube video from Noel Philips, an aviation fan who traveled on the jet, it's definitely beginning to show its age, with visible wear on the seats, windows, and overhead lights and air vents. While the interior could easily be refreshed, a lack of spare parts could spell the end of this survivor sooner than later. The 737-200 Can Land On Gravel As of May 2024, the three largest U.S.-based airlines — American, Delta, and United — had fleets with average ages between 13.4 and 16.3 years. By those standards, Venezolana's vintage Boeing 737 is ancient. It was the 512th of its type to be produced, and remarkably, there are older 737 airframes still in service. But they're in charter or cargo roles, which aren't technically regularly scheduled commercial flights. In particular, 13 out of the world's 30 oldest jets ply their trade in our neighbor to the north, Canada, and some are as old as 52 years. Air Inuit is a major charter operator of the vintage Boeing 727-200, mostly because it's well suited to landing on unimproved gravel runways in remote Canadian villages. Unlike other jet aircraft, the older 737 is able to be fitted with a special "gravel kit" to protect critical components from flying rocks. Three of Air Inuit's jets are divided internally to hold both passengers and freight. Similar to Air Inuit, Canada's Nolinor Aviation operates nine of the aging, fuel-thirsty 737-200 jets, sending them to remote mining operations. While the company acknowledges that propeller-driven aircraft are also an option, they're much slower than the Boeing jets. Boarding a jet aircraft that's older than you might make some passengers nervous — but then again, so does the latest whiz-bang 737 Max. Want more like this? Join the Jalopnik newsletter to get the latest auto news sent straight to your inbox... Read the original article on Jalopnik.
