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Boeing Co

Boeing will increase 737 MAX production rates ‘very soon’

NEW YORK: Boeing Co will increase 737 MAX production rates above the current rate of 31 jet per month “very...

Published 03 Apr, 2023 06:36am

Business & Finance

After strategic 787 wins, Boeing jet battle shifts to factory floor

WASHINGTON: A major purchase by Saudi Arabia caps sales of almost 200 Dreamliners over the past four months, handing...

Published 29 Mar, 2023 06:27am

World

White House praises Saudi-Boeing deal, says it will support US jobs

WASHINGTON: The White House on Tuesday welcomed the “landmark” deal between Saudi Arabia and the Boeing Co, saying...

Published 14 Mar, 2023 08:15pm

World

Boeing to set up 737 freighter conversion facility in India

NEW DELHI: Boeing Co said on Friday it would set up a facility in India to convert 737 passenger planes into...

Published 10 Mar, 2023 11:54am

Business & Finance

Airbus and Qatar Airways settle bitter A350 jet row

PARIS: Airbus and Qatar Airways have settled a dispute over grounded A350 jets, the companies said on Wednesday,...

Published 02 Feb, 2023 11:26am

Business & Finance

Boeing reports loss, but also first positive cash flow since 2018

WASHINGTON: Boeing Co losses widened for 2022 on weakness in its defence unit but the US planemaker reported its...

Published 30 Jan, 2023 05:56am

Technology

NASA’s Orion capsule makes its closest approach to moon

The uncrewed Orion capsule of NASA’s Artemis I mission sailed within 80 miles (130 km) of the lunar surface on...

Published 06 Dec, 2022 10:45am

World

Modi commissions India’s first home-built aircraft carrier in defence push

NEW DELHI: Prime Minister Narendra Modi commissioned India’s first home-built aircraft carrier on Friday,...

Published 02 Sep, 2022 03:45pm

Business & Finance

Boeing expects more orders from India as airlines boost capacity

NEW DELHI: Boeing Co expects more orders for its planes from Indian airlines as they boost their capacity to keep...

Published 02 Sep, 2022 06:00am

Business & Finance

Boeing deliveries reach highest monthly level since March 2019

Boeing Co delivered 51 airplanes in June to bring its first-half tally to 216 jets, up 38% from the same period last...

Published 13 Jul, 2022 05:48am

World

China Eastern crash probe eyes intentional action

WASHINGTON: Investigators looking into the crash of a China Eastern Airlines jet are examining whether it was due to...

Published 18 May, 2022 11:13am

Business & Finance

Tata in talks with aircraft makers over order for Air India

NEW DELHI: Planemakers Boeing Co and Airbus SE have met executives from India's Tata Group in recent weeks to ...

Published 25 Feb, 2022 11:48am

Business & Finance

Boeing posts first profit in almost two years helped by 737 MAX deliveries

NEW YORK: Boeing Co on Wednesday posted its first quarterly profit in almost two years, as deliveries of its...

Published 29 Jul, 2021 04:48am

Business & Finance

Boeing posts first profit in almost two years helped by 737 MAX deliveries

Boeing shares were up nearly 6% at $235.18 in early trading following the results, which were also fueled by higher defense and services sales.

Updated 28 Jul, 2021 08:00pm

World

Boeing 777X 'realistically' will not win certification approval before mid-2023

NEW YORK: The US Federal Aviation Administration (FAA) has told Boeing Co that its planned 777X is not yet ready for...

Published 28 Jun, 2021 04:38am

World

Boeing 777X 'realistically' will not win certification approval before mid-2023 - U.S. FAA

"The FAA will not approve any aircraft unless it meets our safety and certification standards," the agency said in a statement Sunday.
The MAX crashes in Indonesia and Ethiopia killed 346 people within five months in 2018 and 2019.

Published 27 Jun, 2021 10:10pm

Business & Finance

Boeing plans new 737 MAX output jump in late-2022

Boeing officially targets 31 MAX a month in early 2022.
Sources say it is discussing up to 42/month in fall 2022.
Also seen planningh interim step of 26/month by end-2021.
Outcome depends on factors including demand, supply chain.

Published 21 May, 2021 08:23pm

Opinion

The US state with the most detailed corporate diversity disclosures

Aerospace company Boeing Co was explicit, naming who among its dozen directors were women, Asian and African...

Published 12 May, 2021 04:23am

Opinion

Biden poised to pivot US arms deals toward security, human rights

Ninety minutes before President Joe Biden took office on January 20th, the United States signed a $23 billion dollar...

Published 06 May, 2021 03:49am

Business & Finance

Embattled Boeing posts smaller loss as more Americans fly

But optimism in a resurgent US domestic travel market is offset by growing concerns over COVID variants in India and elsewhere, clouding the industry's recovery.
Boeing shares fell 2.9% to $235.31, compared to a fractionally lower Dow Jones Industrial Average.

Published 28 Apr, 2021 08:16pm

Markets

Stocks on Wall Street fall again

NEW YORK: Stocks on Wall Street fell for a second straight day on Tuesday as a global spike in coronavirus cases hit...

Published 22 Apr, 2021 03:55am

Business & Finance

Turkish Airlines to fly 737 MAX jets after authority approval

The Boeing 737 MAX was grounded globally in March 2019 after two deadly crashes. The source said Turkish Airline's first flight is planned between Istanbul and the capital Ankara on April 12.
Separately, Boeing Co has asked 16 of its customers to address a potential electrical problem in certain 737 MAX airplanes prior to further operations.

Published 09 Apr, 2021 07:00pm

World

Crashed Indonesia passenger jet's cockpit voice recorder found: ministry

That accident -- and another in Ethiopia -- led to the worldwide grounding of the 737 MAX over a faulty anti-stall system.

Published 31 Mar, 2021 10:59am

Business & Finance

Boeing resumes 787 deliveries as widespread inspections loom

SEATTLE: Boeing Co has resumed deliveries of its 787 Dreamliner jets, handing over one plane to United Airlines on...

Published 31 Mar, 2021 05:42am

Markets

S&P 500 near flat; hedge fund default concerns hit banks

Discovery Inc, ViacomCBS, U.S.-listed shares of Baidu and VIPShop, all linked to Archegos, were lower, extending recent losses.

Published 30 Mar, 2021 01:09am

Business & Finance

Boeing secures 24 737 MAX orders from investment firm 777 Partners

Miami-based 777 Partners, which has a stake in Canadian ultra-low-cost carrier Flair Airlines, said it plans to lease the 737-8s to its affiliated carriers.
The deal is expected to boost Boeing's position and provide the much-needed support towards a financial recovery after two fatal 737 MAX crashes triggered a 20-month safety ban on the jet.

Published 12 Mar, 2021 09:12pm

Business & Finance

AerCap confirms aircraft-leasing business talks with General Electric

The US business, known as GE Capital Aviation Services or GECAS, is one of the world's biggest jet-leasing companies. It leases passenger aircraft made by companies including Boeing Co and Airbus SE.
No further statements will be made by the issuers or the company regarding this matter until the time of the conclusion of those discussions.

Updated 09 Mar, 2021 09:32pm

Business & Finance

Boeing, Australian air force say pilotless, fighter-like jet completed first test flight

The first Loyal Wingman is being used as a foundation for Boeing's Airpower Teaming System, a service being developed for various global defence customers.

Published 02 Mar, 2021 10:11am

Business & Finance

Flight simulator maker CAE's profit halves as pandemic weighs on demand

CAE, which produces flight simulators for planemakers Boeing Co and Airbus, however, expects to see an uptick in training contracts as more people get vaccinated and resume air travel.
The world's largest civil aviation training specialist said its net income attributable to shareholders fell to C$48.8 million ($38.29 million).

Published 12 Feb, 2021 08:04pm

Business & Finance

Boeing to delay 777X again as it posts record annual loss

Boeing said it now expects the 777X, a larger version of the 777 mini-jumbo, to enter service by late 2023.
2020 was a year of profound societal and global disruption which significantly constrained our industry.

Updated 27 Jan, 2021 11:31pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
Dow Jones / Apr 18	37775.38
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35
Hang Seng / Apr 19	16205.02
FTSE 100 / Apr 19	7834.89
Germany DAX 30 / Apr 19	17717.67

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Petrol/Litre / Apr 19	293.94
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Diesel/Litre / Apr 19	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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