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737 MAX

Boeing fined $200m over misleading investors on 737 MAX safety

NEW YORK: US securities officials fined Boeing $200 million over the aviation giant’s misleading assurances about...

Published 26 Sep, 2022 08:18am

Business & Finance

FAA administrator who oversaw Boeing 737 MAX return resigning

WASHINGTON/SEATTLE: The head of the Federal Aviation Administration who oversaw the return of the Boeing 737 MAX...

Published 17 Feb, 2022 12:30pm

Business & Finance

Ethiopian Airlines to resume 737 MAX flights after 2019 crash

ADDIS ABABA: Ethiopian Airlines is set Tuesday to operate the Boeing 737 MAX for the first time since a crash nearly...

Published 01 Feb, 2022 10:41am

Business & Finance

Boeing reports another loss due to 787 woes

NEW YORK: Boeing reported a hefty fourth-quarter loss Wednesday as mounting costs connected to the widebody 787's...

Published 27 Jan, 2022 11:14am

Business & Finance

Boeing 737 MAX negligence case ends with $225mn settlement: WSJ

NEW YORK: US Boeing shareholders have reached a $225 million out-of-court settlement with the aircraft ...

Published 05 Nov, 2021 12:12pm

Business & Finance

Boeing reports Q3 loss as 787, Starliner woes drag down results

NEW YORK: Troubles with the 787 jet and a delayed NASA test launch were a drag on Boeing in the third quarter,...

Published 28 Oct, 2021 05:04pm

Business & Finance

US grand jury indicts former pilot of Boeing 737 MAX

NEW YORK: A US federal grand jury on Thursday charged a former Boeing chief test pilot with misleading aviation...

Published 15 Oct, 2021 10:03am

Business & Finance

Boeing 737 MAX test flight for China's regulator a success

ZHUHAI: Boeing Co's 737 MAX test flight for China's aviation regulator last month was successful and the planemaker...

Published 29 Sep, 2021 11:23am

Business & Finance

India's SpiceJet settles with Boeing MAX aircraft lessor Avolon

The airline said it expects to start operations of MAX aircraft around the end of September, subject to regulatory approvals

Published 26 Aug, 2021 12:36pm

Business & Finance

Boeing set to face investor scrutiny as problems plague jets

NEW YORK: The aviation industry appears to finally be past the worst of the coronavirus downturn, but Boeing's to-do...

Published 26 Jul, 2021 05:21am

Business & Finance

The $15 billion jet dilemma facing Boeing's CEO

Airbus' single-aisle A321neo has snapped up billions of dollars of orders in a recently booming segment of the market, as the largest MAX variants struggled to block it.
"I'm confident that over a longer period of time, we'll get back to where we need to get to and I'm confident in the product line," Calhoun said in April as Boeing won new MAX orders.

Published 02 Jun, 2021 11:49pm

Business & Finance

Boeing reports another loss, says 2021 'inflection point'

Shares of Boeing fell 2.6 percent to $236.06 in midmorning trading.

Published 28 Apr, 2021 07:33pm

Business & Finance

Boeing reveals ‘potential’ 737 MAX issue

PARIS: US aircraft manufacturer Boeing said Friday it had recommended that 16 clients flying its 737 MAX models...

Published 10 Apr, 2021 04:34am

Business & Finance

Boeing nears 737 MAX order from Southwest worth billions

The MAX 7 is the smallest of the four-member MAX family, with space for 153 seats in a two-class configuration and a range of 3,850 nautical miles.

Published 11 Mar, 2021 10:41am

Business & Finance

Spirit posts quarterly loss on pandemic, 737 MAX pain

"2020 was one of the most challenging years in aviation history. For Spirit, the 737 MAX grounding and the COVID-19 pandemic created a dual-crisis," Spirit Chief Executive Officer Tom Gentile said.
Spirit's total deliveries of shipsets, or complete sets of parts, fell 48.9% to 231 units in the fourth quarter. Boeing 737 MAX deliveries fell to 19 shipsets from 153 a year ago.

Published 23 Feb, 2021 08:02pm

Business & Finance

US aviation body orders extra inspections of some Boeing 777s

Investigators said a main cause of both crashes was a faulty flight handling system known as the Maneuvering Characteristics Augmentation System, or MCAS.

Published 22 Feb, 2021 10:51am

Business & Finance

Cautious Airbus forecast disappoints after 2020 loss

Airbus sees flat deliveries in 2021 despite output increase.
Reintroduces delivery and operating profit targets.
Signals that spun-off aerostructures units will stay in-house.

Published 18 Feb, 2021 09:01pm

Markets

Wednesday’s early trade: S&P, Dow slide after Boeing results

NEW YORK: The S&P 500 and the Dow fell sharply on Wednesday after planemaker Boeing reported a record annual...

Published 28 Jan, 2021 04:40am

World

FAA to reform new airplane safety approvals after 737 MAX crashes

"We're not going to pay people at the FAA to move planes faster," Cantwell said. "This is about getting safety right."

Published 29 Dec, 2020 09:51am

Business & Finance

FAA chief '100pc confident' of 737 MAX safety as flights to resume

Dickson on Wednesday signed an order to allow the best-selling plane to resume flights after it was grounded worldwide.
We've done everything humanly possible to make sure" these types of crashes do not happen again.

Published 18 Nov, 2020 05:54pm

Business & Finance

FAA chief set to conduct 737 MAX evaluation flight next week

The Boeing 737 MAX has been grounded since March 2019 after two fatal crashes killed 346 people.
Given required time for public comments, it appears MAX could get final FAA approval to return to service sometime in November.

Published 26 Sep, 2020 02:40am

Business & Finance

Europe regulator sees November lifting of Boeing 737 MAX flight ban

For the first time in a year and a half I can say there's an end in sight to work on the MAX.
We are looking at November," he said when asked when the technical ban would be lifted. China is expected to take longer to give its own approval.

Published 26 Sep, 2020 12:03am

World

U.S. House report blasts failures of Boeing, FAA in 737 MAX certification

The report criticised Boeing for withholding crucial information from customers, pilots and authorities.

Published 16 Sep, 2020 02:39pm

Business & Finance

Boeing records first 737 MAX order in 2020, cancellations rise

Boeing delivered 13 aircraft in August, down from 18 planes a year earlier and up from four in July.
The planemaker's first MAX order this year was from Poland's Enter Air, for two 737-8 aircraft with an option for two more jets.

Published 08 Sep, 2020 08:59pm

Business & Finance

FAA chief acknowledges agency, Boeing made mistakes on 737 MAX

Boeing's 737 MAX has been grounded since March 2019 following crashes in Indonesia and Ethiopia that killed 346 people.
"So unknown somebodies made unspecified mistakes for which there were no repercussions." Cruz said. "What mistakes were made and wh

Published 17 Jun, 2020 11:43pm

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Feb 7 Security Investment Bank Limited(SIBL)	4.73 ▲ 0.87 (22.54%)
Hala Enterprise / Feb 7 Hala Enterprises Limited(HAEL)	6.80 ▲ 0.65 (10.57%)
Samba Bank / Feb 7 Samba Bank Limited(SBL)	7.50 ▲ 0.70 (10.29%)
Shabbir Tiles / Feb 7 Shabbir Tiles & Ceramics Limited(STCL)	8.41 ▲ 0.71 (9.22%)
WorldCall Telecom / Feb 7 Worldcall Telecom Limited(WTL)	1.26 ▲ 0.10 (8.62%)
Tri-Star Power / Feb 7 Tri-Star Power Limited(TSPL)	13.46 ▲ 1.00 (8.03%)
J.K.Spinning / Feb 7 J.K. Spinning Mills Limited(JKSM)	44.88 ▲ 3.13 (7.50%)
Noon Sugar / Feb 7 Noon Sugar Mills Limited(NONS)	55.91 ▲ 3.90 (7.50%)
Shahtaj Textile / Feb 7 Shahtaj Textile Limited(STJT)	86.16 ▲ 6.01 (7.50%)
Crescent Fib. / Feb 7 Crescent Fibres Limited(CFL)	56.68 ▲ 3.95 (7.49%)

Stock	Price
Data Textile / Feb 7 Data Textiles Limited(DATM)	5.79 ▲ -1.00 (-14.73%)
Redco Tex. / Feb 7 Redco Textiles Limited(REDCO)	6.65 ▲ -0.99 (-12.96%)
Pak Gen.Ins. / Feb 7 The Pakistan General Insurance Co. Ltd.(PKGI)	4.95 ▲ -0.70 (-12.39%)
Service Textile / Feb 7 Service Industries Textiles Limited(SERT)	6.68 ▲ -0.92 (-12.11%)
Pak Gulf Leasing / Feb 7 Pak-Gulf Leasing Company Limited(PGLC)	5.45 ▲ -0.58 (-9.62%)
Trust Sec.& Brok. / Feb 7 Trust Securities & Brokerage Limited(TSBL)	12.02 ▲ -0.98 (-7.54%)
D.M. Textile / Feb 7 D.M. Textile Mills Limited(DMTX)	54.58 ▲ -4.42 (-7.49%)
Metro Steel / Feb 7 Metropolitan Steel Corporation Limited(MSCL)	22.48 ▲ -1.82 (-7.49%)
Sardar Chemical / Feb 7 Sardar Chemical Industries Limited(SARC)	34.23 ▲ -2.77 (-7.49%)
Shams Textile / Feb 7 Shams Textile Mills Limited(STML)	35.14 ▲ -2.84 (-7.48%)

Stock	Volume
WorldCall Telecom / Feb 7 Worldcall Telecom Limited(WTL)	40,252,042 ▼ 0.10
Pak Petroleum / Feb 7 Pakistan Petroleum Limited(PPL)	28,992,022 ▼ 2.30
Oil & Gas Dev. / Feb 7 Oil & Gas Development Company Limited(OGDC)	15,999,328 ▼ 6.92
Sui South Gas / Feb 7 Sui Southern Gas Company Limited(SSGC)	14,870,340 ▼ 0.27
Sui North Gas / Feb 7 Sui Northern Gas Pipelines Limited(SNGP)	13,436,966 ▼ 0.91
K-Electric Ltd. / Feb 7 K-Electric Limited(KEL)	8,977,024 ▲ -0.03
TRG Pak Ltd / Feb 7 TRG Pakistan Limited(TRG)	6,877,939 ▼ 4.87
Cnergyico PK / Feb 7 Cnergyico PK Limited(CNERGY)	6,095,602 ▲ -0.03
Faysal Bank / Feb 7 Faysal Bank Limited(FABL)	6,053,443 ▼ 0.79
Telecard Limited / Feb 7 Telecard Limited(TELE)	5,546,500 ▼ 0.25

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 7	277.25
USD PKR Interbank Buying / Feb 7	276.25
USD to Japanese Yen / Feb 7	131.28
USD to Swiss Franc / Feb 7	0.92
Pound Sterling to USD / Feb 7	1.20
Euro to USD / Feb 7	1.07
UK LIBOR % / Feb 6	4.55

Stock	Volume
S&P 500 / Feb 7	4101.67
India Sensex / Feb 7	60286.04
Tokyo Nikkei / Feb 7	27685.47
Nasdaq / Feb 7	11889.61
Hang Seng / Feb 7	21298.70
FTSE 100 / Feb 7	7848.32
Dow Jones / Feb 7	33736.18
Germany DAX 30 / Feb 7	15302.83
France CAC40 / Feb 7	7116.43

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 6	22235
Crude Oil USD/Barrel / Feb 7	75.42
Gold 10 Grams PKR / Feb 7	171468
Gold Spot USD/Ounce / Feb 7	1878.46
Cotton US¢/pound / Feb 7	83.70

737 MAX

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