Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Boeing Company (The)    BA

BOEING COMPANY (THE)

(BA)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Boeing : What we know about Boeing 737 MAX crash and what comes next

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/15/2019 | 02:06pm EDT

(Reuters) - More than 300 Boeing 737 MAX 8 and MAX 9 passenger jets around the world have been taken out of service following two fatal crashes over the past five months in Ethiopia and Indonesia that killed almost 350 people in all.

The causes of both crashes are still under investigation. One of the biggest unanswered questions: Was the plane's software to blame?

WHAT WE KNOW  

- Boeing has stopped delivery of all new MAX jets to its customers.

- Satellite data gathered from the Ethiopian Airlines flight and evidence from the crash site showed similarities with a Lion Air accident in Indonesia, which prompted the U.S. Federal Aviation Administration to ground all Boeing MAX jets in service.

- Investigators have found a piece of a stabilizer in the wreckage of the Ethiopian jet with the trim set in an unusual position similar to that of the Lion Air plane, two sources familiar with the matter said.

- The pilot of the Ethiopian Airlines flight had reported internal control problems and received permission to return. The pilot of the Lion Air flight had also asked to return not along after taking off from Jakarta.

- Technical analysis of the black boxes from the crashed Ethiopian Airlines jet is set for Friday in France. It will take several days to complete the first readings from the boxes, French aviation officials said. The U.S. National Transportation Safety Board is sending investigators to assist and an Ethiopian team arrived in Paris on Friday.

- The Ethiopan Airlines plane requested permission to return to Addis Ababa airport three minutes after takeoff as it accelerated to abnormal speed, the New York Times reported.

- Indonesia plans to move up by about a month the release of an investigation report on the Lion Air crash, which killed all 189 on board, its transport safety committee said on Friday. It now plans to release the report between July and August, ahead of its previous schedule of between August and September.

- Following the Lion Air crash in October, Boeing said it was preparing a software upgrade for the jets. After the Ethiopia crash, the company said it would deploy that upgrade across the fleet in the coming weeks.

- Boeing maintains its new, fuel-efficient jets are safe, but supported the FAA decision to ground them. Fearing a financial hit and brand damage, investors have wiped about $26 billion off the company's market value.

- U.S. lawmakers said the planes could be grounded for weeks to upgrade the software and install it in every plane.

- No lawsuits have been filed since the crash of Ethiopian Airlines Flight 302, but some plaintiffs' lawyers said they expect that Boeing will be sued in the United States.

WHAT'S NEXT?

- Investigators are expected to release a preliminary report based on information they glean from the data and cockpit recordings captured by the two black boxes.

- A decision will be made by countries about whether and when to lift the grounding of the Boeing jets based on that information.

(Compiled by Ben Klayman and Sayantani Ghosh; Editing by Bill Rigby and Stephen Coates)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BOEING COMPANY (THE)
06:42aBoeing gets first cancellation for MAX jets
AQ
06:37aBOEING : IndiGo hires around 100 pilots from Jet Airways
AQ
04:32aBOEING : Air Force Research Laboratory awarded $20m contract for Advanced Turbin..
AQ
03/22U.S. airlines sending teams to review Boeing 737 MAX upgrade this weekend
RE
03/22U.S. airlines sending teams to review Boeing 737 MAX upgrade this weekend
RE
03/22U.S. lawmaker seeks Boeing whistleblowers, some MAX 737 orders in jeopardy
RE
03/22BOEING : Gets $4.1 Billion Contract Modification From US Missile Defense Agency
DJ
03/22BA INVESTOR/WHISTLEBLOWER ALERT : Hagens Berman Alerts Boeing (BA) Investors to ..
PR
03/22BOEING : U.S. lawmaker urges FAA, Boeing employees to disclose details on 737 MA..
RE
03/22BOEING CO WINS $4.1 BILLION U.S. DEF : Pentagon
RE
More news
Financials ($)
Sales 2019 111 B
EBIT 2019 14 655 M
Net income 2019 12 495 M
Debt 2019 6 106 M
Yield 2019 2,23%
P/E ratio 2019 16,38
P/E ratio 2020 14,38
EV / Sales 2019 1,89x
EV / Sales 2020 1,76x
Capitalization 204 B
Chart BOEING COMPANY (THE)
Duration : Period :
Boeing Company (The) Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BOEING COMPANY (THE)
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 437 $
Spread / Average Target 21%
EPS Revisions
Managers
NameTitle
Dennis A. Muilenburg Chairman, President & Chief Executive Officer
Jenette E. Ramos Senior Vice President-Supply Chain & Operations
Gregory D. Smith CFO, EVP-Corporate Development & Strategy
Theodore Colbert Chief Information Officer & SVP-Data Analytics
Gregory L. Hyslop CTO, Senior VP-Engineering, Test & Technology
Sector and Competitors
1st jan.Capitalization (M$)
BOEING COMPANY (THE)15.57%204 438
AIRBUS SE36.49%100 538
DASSAULT AVIATION9.59%12 454
TEXTRON12.76%11 685
AVIC ELECTROMECHANICAL SYSTEMS CO LTD--.--%4 234
AVIC HELICOPTER CO LTD28.43%4 211