JetBlue reported a new loss of $716 million in the first quarter of 2024, compared to a loss of $192 million in 2023. Passenger revenues were down 5.8% at $2.05 billion compared with $2.18 billion in 2023. Operating revenues decreased…
Raytheon Technologies reported its first quarter earnings, and beat Wall Street estimates. The company reported revenues of $19.3 billion in the first quarter with earnings per share of $1.34. Sales were up organically 12% year over year, with a 10%…
Today’s key stories focus on slower production for Boeing, including articles on the 737 MAX production remaining very low, and the 787 because of parts shortages. This is despite a good April for the 787, which reached its rate 5…
Today’s key stories about Boeing focus on new scrutiny and limbo for MAX crash victims. An Illinois judge accepted a third try to allege fraud. The impacts of Boeing’s problem are also prominent, including the airlines’ candid comments on Boeing’s…
Today’s key stories regarding Boeing include a discussion of whistleblowers, now 32 over the last three years. Boeing’s relationship with the NTSB and FAA is also under scrutiny after Congressional hearings earlier in the week. Other stories focus on Boeing’s…
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