Aircraft manufacturing company Boeing has been in the news in recent months, but not for good reasons. The commonly used Boeing 737 Max 8 has been a popular plane among airlines since it first arrived on the market a couple of years ago. With more than 4,000 planes ordered within the first 6 months, the model sold very quickly due to its fuel efficiencies compared to older … [Read more...]
737 Max 8 Issues Hit Boeing (BA) Shares Hard
The recent Ethiopian Airlines crash has been big news across the globe. For a second time in just a few months, a Boeing 737 Max 8 plunged towards the ground just minutes after take off. Since the crash the US Federal Aviation Administration (FAA) has insisted that the 737 Max 8 remains an airworthy model of jet.However, in a move that has rarely been seen before, … [Read more...]
Airline Companies are Expanding their Routes
Oil prices have been trending higher which usually means bad news for airlines as fuel is one of their biggest costs. In light of generally higher prices many airlines are looking to boost revenues from additional charges or overbooking flights. On a recent trip I had with Air Canada an announcement was made right before boarding the plane that there are too many carry on … [Read more...]
Delta Air Lines Hit with Higher Fuel Prices
The price of jet fuel has taken off over the past year and passengers may get left behind. Delta Air Lines, Inc. (DAL) lowered its profit forecast on Wednesday after the recent surge in fuel prices, about 50% higher over the past several quarters. Delta Air Lines provides scheduled air transportation for passengers and cargo throughout the United States and across the world. … [Read more...]
Why Boeing Stock BA Could Fall Further
Stocks in the U.S. declined on Wednesday after Donald Trump implied he wanted to impose new tariffs on China. Doing so could increase the costs and hurt overseas sales for U.S. manufacturers such as Boeing. A White House spokeswoman said that the president is pressing China to "reduce Beijing's bilateral trade surplus by $100 billion." After setting new solar panel tariffs … [Read more...]
