Boeing

Southwest Airlines Co said on Wednesday it expects to take delivery of 35 737 MAX aircraft from Boeing Co through the end of 2021.

The broader quality-control checks, covering the entire fuselage of the planes rather than just certain sections around the tail, are why inspections are taking longer than previously anticipated, the officials said. It also explains why no Dreamliners were delivered in November.

Boeing said orders for 88 of the planes were canceled in November, pushing the total to 536 for the year.

Boeing has signed its first order for 737 MAX jets since the Federal Aviation Administration cleared the planes to fly again last month, the company announced Thursday.

The moment marked the first time the plane has flown the public since a pair of fatal crashes involving the aircraft less than five months apart forced U.S. regulators to ground the plane in March 2019.

Southwest Airlines CEO Gary Kelly says software issues in Boeing’s 737 MAX plane that crashed twice and was grounded for the longest period in aviation history have "easily been addressed."

The 737 Max was grounded for nearly two years, a period of intense scrutiny for planemaker Boeing, whose CEO stepped down in December.

Spirit AeroSystems Inc. is the biggest winner from the Federal Aviation Administration’s decision to allow the Boeing 737 Max aircraft to return to service, according to UBS.  

Southwest has conducted research on the Boeing Co jet throughout its 20-month grounding, which was sparked by two fatal crashes, to understand customers' awareness of the topic and confidence in the aircraft, a spokesman said.

The Federal Aviation Administration has rescinded its grounding order for Boeing's 737 Max jet, allowing the aircraft to return to the skies after certain modifications are made.

Chinese airlines will need 8,600 new airplanes through 2039, 6.3% higher than Boeing's previous prediction

The European Union's decision to impose tariffs of 15% on Boeing planes this week could hobble its jet deliveries in Europe

The Federal Aviation Administration’s move to lift the MAX fleet’s grounding, expected to be promptly followed by regulators in Canada, Brazil, Europe and elsewhere, follows extensive delays and public debate that roiled the industry and plunged Boeing into its biggest financial crisis prior to the pandemic.

"We expect that this process will be finished in the coming days, once the agency is satisfied that Boeing has addressed the safety issues that played a role in the tragic loss of 346 lives aboard Lion Air Flight 610 and Ethiopian Airlines Flight 302,"  FAA Administrator Steve Dickson told FOX Business in a statement. "The FAA continues to engage with aviation authorities around the world as they prepare to validate our certification decision."

A year ago, the World Trade Organization authorized the United States to slap penalties on EU goods worth up to $7.5 billion - including Gouda cheese, single-malt whiskey and French wine - over European support for Boeing rival Airbus.

Monday was the deadline for comments about the FAA's training proposal

General Electric Co. on Wednesday unexpectedly reported a quarterly profit and a positive cash flow on the back of cost cuts and improvements in its power and renewable energy businesses, sending its shares 10% higher.

Stocks sank on Wednesday as COVID-19 fears gripped investors across the globe as Germany and France announced new lockdown measures. 

Boeing Co. reported a fourth straight quarterly loss and warned employees of job cuts as the coronavirus pandemic and grounding of the 737 Max aircraft weighed on sales.

China's government said Monday it will impose sanctions on U.S. military contractors including Boeing Co.'s defense unit and Lockheed Martin Corp. for supplying weapons to rival Taiwan, stepping up a feud with Washington over security and Beijing's strategic ambitions.