A prominent Wall Street analyst has some doubts about GE Aerospace‘s (NYSE: GE) current quarter, and investors are taking note. Shares of GE Aerospace traded down 4% as of 11:30 Eastern after JPMorgan Chase cut its second-quarter sales estimate to an analyst-low $8.4 billion. Supply chain chaos could eat into deliveries GE Aerospace is the […]
Rapid changes in the gravitational force led to a 178ft (54-metre) altitude drop of a Singapore Airlines flight that left a British man dead and many other passengers who were not buckled up injured in extreme turbulence last week, a preliminary investigation by Singapore’s Transport Ministry said. Geoff Kitchen, 73, died of a suspected heart […]
Boeing (NYSE: BA) got a big endorsement for its 737 MAX line from an Indian customer, providing investors with a sign that demand for the plane remains strong despite its latest quality issues. Investors are cheering the news, sending shares of Boeing up nearly 4% as of 1 p.m. ET Thursday. A welcomed bit of […]
Tragedy may have been averted Friday night when a panel of Boeing plane blew out as the Alaska Airlines flight traveled at 16,000 feet, an NTSB official said Saturday night. Seats adjacent to the blowout, developed when a panel called a door plug detached from the plane, were not occupied, and the aircraft’s altitude meant […]