Boeing Co

Air Canada said on Friday it would weigh possible cancellations of aircraft orders from Boeing and Airbus after COVID-19 crippled air travel and pushed the carrier into a second-quarter loss.

Boeing Co slashed production of its biggest twin-engined jets, delayed its new 777X by up to a year and began sunsetting the iconic 747 as it posted a bigger-than-expected quarterly loss dominated by the COVID pandemic on Wednesday.

General Electric Co saw less cash outflow than estimated in the second quarter, even as the coronavirus pandemic pummeled demand in its aviation business, resulting in a wider-than-expected quarterly loss.

Boeing said on Wednesday it would cut production of its marquee 787 and 777 jet programs and delay ramp up plans on the 737 MAX, as quarterly sales tumbled 25% due to the fallout from the COVID-19 pandemic.

Boeing Co is preparing to delay its all-new 777X jet by several months or up to a year, three people familiar with the matter said, as the COVID-19 crisis exacerbates a drop in demand for the industry's largest jetliners.

Boeing Co is preparing to delay its all-new 777X jet by several months or up to a year, three people familiar with the matter said, as the COVID-19 crisis exacerbates a drop in demand for the industry's largest jetliners.

The Federal Aviation Administration (FAA) on Friday issued an emergency airworthiness directive for 2,000 U.S.-registered Boeing 737 NG and Classic aircraft, warning of possible corrosion on parked planes that could lead to a dual-engine failure.

Two of Boeing Co's biggest commercial airline customers said on Thursday they are still committed to the 737 MAX despite delays in its return to flight and the coronavirus pandemic, though the head of Southwest Airlines said contracts need to be "completely reset."

Southwest Airlines will keep the Boeing Co 737 MAX off its schedule through mid-December, it said on Thursday, as regulators review the grounded plane's return after two fatal crashes.

Teledyne Controls Inc, whose subsidiary supplies data-acquisition and distribution systems for Boeing Co's 737, said on Wednesday that more job cuts were coming as the company looks to cut costs amid the COVID-19 and 737 MAX downturns.

* Expects full-year results to be "materially worse" than past (Adds Airbus, Boeing response in paragraph 5)

Hong Kong's Cathay Pacific Airways Ltd said on Wednesday it had reached agreement with Airbus SE to delay the delivery of A350s and A321neos and was in advanced talks with Boeing Co about deferring its 777-9 orders.

The Federal Aviation Administration (FAA) said on Tuesday it plans to issue a proposed airworthiness directive for the Boeing 737 MAX in the "near future" to address changes made since the plane was grounded in March 2019 after two fatal crashes killed 346 people.

Boeing Co said on Wednesday it would support International Space Station (ISS) operations through September 2024 as part of a $916 million contract extension with NASA.

Boeing Co customers canceled orders for 355 of its 737 MAX jets in the first half of 2020, the U.S. planemaker said on Tuesday, as the damage done by the jet's grounding and the coronavirus crisis to the airline industry continued to mount.

Boeing Co customers canceled orders for 355 of its 737 MAX jets in the first half of 2020, the U.S. planemaker said on Tuesday, as the damage done by the jet's grounding and the coronavirus crisis to the airline industry continued to mount.

Boeing is scrambling to shore up financing for the 737 MAX as it awaits regulatory approval for design changes after the plane was grounded following two fatal crashes, industry sources said.

American Airlines Group Inc has threatened to cancel some of its orders for Boeing Co's grounded 737 MAX jets, amid the coronavirus crisis, the Wall Street Journal reported on Friday citing people familiar with the matter.

Boeing Co has reached settlement agreements in more than 90% of the wrongful death claims filed in federal court after the 2018 crash of a Lion Air 737 MAX in Indonesia that killed all 189 people on board, a court filing on Tuesday said.