|
|
News Breaks | | | | September 16, 2012 | | 18:30 EDT |  | GE, BA | NTSB issues urgent recommendations for GEnx engines on Boeing 747-8s, 787s
The National Transportation Safety Board issued two urgent safety recommendations to the Federal Aviation Administration, FAA, regarding two recent occurrences in which the fan midshaft on General Electric (GE) GEnx-1B engines fractured or exhibited crack indications; and a GEnx -2B incident that appears similar in nature. On July 28, 2012, the NTSB initiated an investigation of an engine failure that occurred on a Boeing (BA)787 during a pre-delivery taxi test in Charleston, South Carolina. This investigation is ongoing. "The parties to our investigation -- the FAA, GE and Boeing -- have taken many important steps and additional efforts are in progress to ensure that the fleet is inspected properly," said NTSB Chairman Deborah A.P. Hersman. "We are issuing this recommendation today because of the potential for multiple engine failures on a single aircraft and the urgent need for the FAA to act immediately." Reference Link | |
|
News For GE;BA From The Last 14 Days Check below for free stories on GE;BA the last two weeks. |
|
|
| May 17, 2013 | | 10:09 EDT |  | BA | Boeing to host investor meeting
 Subscribe for More Information | | | May 16, 2013 | | 11:08 EDT | | BA | Boeing announces 115 new 737 orders in weekly update
Boeing on its website announced 115 new orders in its weekly update consisting of 35 737s for Southwest Airlines, 70 737s for Turkish Airlines, and 10 737s for WestJet. In the changes category, Boeing reduced 737 net orders by 30. | | | 06:20 EDT |  | BA | Boeing price target raised to $112 from $105 at Citigroup
Subscribe for More Information | | | May 15, 2013 | | 17:30 EDT |  | BA, GE | GE, Boeing warn of defective engine parts, WSJ reports
General Electric (GE) said more than 70 Boeing (BA) 777 models may be affected by an engine manufacturing defect, reports The Wall Street Journal. Reference Link | | | 17:03 EDT | | GE | Soros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF). | | | 11:30 EDT | | BA | Boeing confirms Southwest converts 30 orders to 737 Max 7s from 737s
Subscribe for More Information | | | 11:21 EDT | | BA | Southwest revises aircraft delivery schedule
As a component of its AirTran integration, fleet modernization initiatives, and careful capital management, Southwest (LUV) has revised its aircraft delivery schedule. For 2014, five Boeing (BA) 737-700 firm orders have been converted to 737-800s, five options were exercised for -800 deliveries from Boeing, and five options to purchase Boeing Next Generation aircraft were relinquished. Five options in 2015 were also relinquished. Separately, the company has agreed to purchase ten pre-owned 737-700s for delivery in 2014 and 2015. Twelve 737NG options held by the company in 2014 and 2015, as well as 29 options in 2017 and 2018, were converted to 737 MAX options and deferred beyond 2024. The company also converted 30 Boeing 737NG firm orders in 2017 and 2018 to MAX firm orders and deferred them to 2019 through 2021. | | | 07:33 EDT | | GE | National Association of Business Economics to hos a conference
Subscribe for More Information | | | 07:12 EDT | | BA | Boeing resumes 787 Dreamliner deliveries, Reuters reports
Subscribe for More Information | | | 06:23 EDT | | BA | Airbus in talks with major Japan carriers about A350 orders, Bloomberg reports
Airbus SAS (EADSY) is in discussions with Japan’s two biggest carriers, ANA Holdings (ALNPY) and Japan Airlines Co., about an order for its A350-1000, a long-range plane aimed at eroding Boeing's (BAs dominance in wide-body aircraft, sources say, reports Bloomberg. Reference Link | | | | 06:08 EDT | | BA | On the Fly: Periodicals Wrap-Up
Subscribe for More Information | | | May 14, 2013 | | 07:23 EDT | | GE | Oppenheimer to host a summit
Subscribe for More Information | | | 07:11 EDT | | GE | China XD in talks to purchase GE’s Prolec joint venture, Bloomberg reports
Subscribe for More Information | | | 07:10 EDT | | BA | Air India to resume Dreamliner flights, increases order, Reuters reports
State-run Air India Ltd will resume flying its Boeing 787 Dreamliner passenger jets tomorrow, nearly four months after the planes were grounded due to safety concerns. Air India has six Dreamliners and has ordered 21 more, reports Reuters.Reference Link | | | 06:51 EDT | | BA | Boeing, Turkish Air finalize order for 50 737 MAXs, 20 Next-Generation 737-800s
Boeing and Turkish Airlines finalized a firm order for forty 737 MAX 8s, ten 737 MAX 9s and twenty Next-Generation 737-800 jets, valued at $6.9B at list prices. The order, originally announced as a commitment last month, also includes options for an additional twenty-five 737 MAX 8s and is the largest Boeing order in Turkish Airlines' history. | | | 06:09 EDT | | GE, BA | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: North American oil production will dominate world-wide supply growth over the next five years, the International Energy Agency predicted today, the result of growing production from "fracking" and other technologies that access once-inaccessible reserves, the Wall Street Journal reports...REUTERS: Investors are becoming increasingly selective about which bonds and stocks they buy in Southeast Asia's fast-growing economies as the risk of policy bungling makes them more discerning, Reuters reports...State-run Air India Ltd will resume flying its Boeing (BA) 787 Dreamliner passenger jets tomorrow, nearly four months after the planes were grounded due to safety concerns. Air India has six Dreamliners and has ordered 21 more, Reuters reports...BLOOMBERG: China XD Group, a state-controlled power equipment maker, is in talks to buy GE’s (GE) joint venture with Mexico’s Xignux SA for about $1B, sources say, Bloomberg reports...Philadelphia Fed President Charles Plosser said today in Stockholm that a slowing in U.S. inflation to the lowest rate in more than three years doesn’t warrant a Fed policy response, Bloomberg reports. | | | May 13, 2013 | | 11:48 EDT | | BA | United says two of six Boeing 787 converted to new FAA standard
Subscribe for More Information | | | 11:29 EDT | | BA | Pentagon contracts tumbled in April, Washington Post says
Subscribe for More Information | | | 08:30 EDT | | BA | Boeing price target raised to $120 from $100 at Sterne Agee
Subscribe for More Information | | | 07:30 EDT | | BA | TechConnect to host a summit
2013 National Innovation Summit is being held in Washington, D.C. on May 12-16. | | |
|
|
|
|
|
|
