aircraft

$323 Million Contract Awarded To Boeing Withdrawn

Rivals Northrop Grumman (NYSE:NOC) and Lockheed Martin (NYSE:LMT) challenged the award, a U.S. government official from the Government Accountability Office said.

Boeing has a potential upside of 15.9% based on a current price of $71.83 and an average consensus analyst price target of $83.28.

aircraft, airline, army, ba, boeing, contract, government, lockheed martin, military, northrop grumman, nyse, plane, price, rating, stock, surveillance

A $323 million contract awarded to Boeing Co (NYSE:BA) to build an airborne surveillance system for the US Army was withdrawn Tuesday.

By Stephanie Shyu
sshyu@fnno.com

Boeing Powers Dow With 3% Gain on Maiden Flight of New 747 Jumbo Jet

Published on Mon, 03/21/2011 - 12:30
By Stephanie Shyu in General Interest, BA, 747-8, aircraft, airline, ba, boeing, dreamliner, flight, jumbo jet, plane, retail, News Update

It was the third jet, officially designated the 747-8 Intercontinental, to undergo a maiden flight in the past 15 months, and marked a significant milestone in the history of one of the most successful commercial airliners in avia

Airlines have ordered 33 planes so far, which retail for $317.5 million.

747-8, aircraft, airline, ba, boeing, dreamliner, flight, jumbo jet, plane, retail

The Boeing Co. (BA) is up 3% and among leaders on the Dow Jones Industrial Average after the latest version of its 747 Jumbo Jet successfully conducted a test flight over the weekend.

By Stephanie Shyu
sshyu@fnno.com

Boeing Up 2%; Wins $10 Bln Deal from Chinese Airlines

Air China Ltd., the country's flagship carrier, plans to purchase five Boeing 747-8 aircraft worth about $1.5 billion.

Separately, HNA Group, parent of Hainan Airlines Co Ltd., will buy 38 aircraft, worth $8.5 billion at list prices.

China, the world's fastest growing market, is expected to buy more than 2,000 aircraft over the next five years.

boeing, ba, airplane, aircraft, airlines, china, air china, flight, plane, 747-8, flying, travel, passengers, hna group, hainan, discretionary spending, market

The Boeing Co. (BA) is up 2.02% to $72.31, after sealing deals worth $10 bln with two airlines in China, Reuters reported.

By Stephanie Shyu
sshyu@fnno.com

Morning Market Snapshot: March 2nd, 2011

acquire, acquisition, advent, advs, aircraft, berkshire hathaway, bfb, bombardier aerospace, brk.a, brown forman, business, carters, china, costs, cotton, cr, dongxiang, drug, e.on, earnings, eongy, equity, fda, financial, financial district, freight, hanover square, jets, joe, labor, market, mcox, mecox lane, merck, merger, mkgay, multiple sclerosis, ppl, price, purchase, saint joe, sequoia capital, shareholders, sina, software, stock, syncova, udr, vina concha y toro, vineyard, winery, witkoff

Good Morning. It's Wednesday, March 2, 2011. At this hour, U.S. equity futures are higher. Overseas, the Asian markets were mixed, while the European markets are lower. Bombardier Aerospace announced an order from Berkshire Hathaw

By Stephanie Shyu
sshyu@fnno.com

Stock Futures Remain Lower After Mixed Data; Oil's Surge in Focus

aircraft, auto, barrel, claims, durable goods, earnings, economic report, financial, futures, gas, general motors, gm, jobless, market, oil, planes, retail, stock, unemployment

U.S. stock futures remain lower, an indication of early broad-market weakness as oil remains above $100 a barrel. Futures did trim losses a bit but then resumed their decline as a report showed a drop in the weekly and the four-we

By Stephanie Shyu
sshyu@fnno.com

United to Finish Inspections of 757s; No Cancellations Planned

The inspections were brought on by incorrect follow-up checks on the modified on-board computers of the aircraft. UAL had followed a federal directive in modifying the aircrafts' on-board computers in 2004.

UAL spokeswoman Megan McCarthy said the inspections would not cause cancellations and are expected to finished on Wednesday.

Shares are down 0.18% to $27.14.

united, continental, airlines, ual, boeing, 757, flight, plane, aircraft, maintenance, inspection, computer, onboard, cancellations, delays, airports, financial, shares

United Continental Holdings (UAL) announced today that it is set to finish its inspections of the 96 Boeing 757s that were grounded for an overdue maintenance check on Tuesday.

By FNNO Staff
fnnonline@gmail.com

Buckingham Upgrades Goodrich to Buy from Neutral - Shares Fl

Published on Fri, 02/04/2011 - 11:14
By Stephanie Shyu in General Interest, GR, aircraft, buckingham, business, buy, commercial, flat, goodrich, gr, invest, market, news, production, shares, stock, update, Analyst Insight

The firm made the move based on a positive outlook for commercial aircraft production and aftermarket growth.

The firm has a $110 price target on company shares. "

aircraft, buckingham, business, buy, commercial, flat, goodrich, gr, invest, market, news, production, shares, stock, update

"Shares of Goodrich (GR) are flat in pre-market trading as the company is reportedly upgraded to Buy from Neutral at Buckingham.

By Stephanie Shyu
sshyu@fnno.com

Citigroup Initiates Coverage on Precision Castparts at Buy

Published on Mon, 12/13/2010 - 11:42
By Anonymous in aircraft, analyst, castparts, citigroup, engines, fnn, foil, jet, metal, nyse, pcp, precision, rating, sales, stock
precision, castparts, nyse, pcp, stock, rating, citigroup, analyst, metal, jet, foil, aircraft, engines, sales, fnn

By Anonymous

TransDigm Ups '11 Revenue & EPS Forecasts, Following McKechn

Published on Mon, 12/13/2010 - 08:29
By Anonymous in acquisition, aerospace, aircraft, analyst, eps, fnn, mckechnie, nyse, oppenheimer, sales, tdg, transdigm
transdigm, nyse, tdg, acquisition, mckechnie, aerospace, eps, sales, aircraft, oppenheimer, analyst, fnn

By Anonymous

Latest News from FNNO

Zale: The Winning Streak Continues (ZLC)...

Zale (NYSE:ZLC) traded today at a new 52-week high of $9.57. This new high was reached ...

Shares of WMS Industries Rise Above Prev...

Shares of WMS Industries (NYSE:WMS) traded at a new 52-week high today of $25.62. This ...

Wright Medical Looks to Continue to Trad...

Wright Medical (NASDAQ:WMGI) traded today at a new 52-week high of $25.51. This new hi ...

Walter Energy: The Losing Streak Continu...

Walter Energy (NYSE:WLT) traded today at a new 52-week low of $11.16. This new low was ...

Waste Connections: The Winning Streak Co...

Shares of Waste Connections (NYSE:WCN) traded today at $41.15, breaking its 52-week hig ...

Waters: The Winning Streak Continues (WA...

Waters (NYSE:WAT) traded today at a new 52-week high of $100.56. So far today approxim ...

Recent 52-Week High Exceeded in Shares o...

Shares of Umpqua Holdings (NASDAQ:UMPQ) traded today at $14.46, breaking its 52-week hi ...

Monotype Imaging Holdings: 52-Week High ...

Monotype Imaging Holdings (NASDAQ:TYPE) traded today at a new 52-week high of $24.59. ...

Most Popular Video News