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MarketScreener Homepage  >  Equities  >  Nyse  >  The Boeing Company    BA

THE BOEING COMPANY

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Boeing : Responds to ANAC Approval to Resume 737 MAX Operations in Brazil

11/26/2020 | 05:09am EST

SAO PAULO - Brazil's Aviation Authority, ANAC, joined the U.S. Federal Aviation Administration (FAA) today, by rescinding the order that halted commercial operations of Boeing 737-8s in Brazil. Commercial operations for the aircraft type can take place once airlines have met the requirements outlined by ANAC's order.

"Not a day goes by that we don't remember, reflect and rededicate ourselves to ensuring accidents like the ones that led to the decision to suspend operations never happen again," said David Calhoun, chief executive officer of The Boeing Company. "Boeing worked closely with the FAA and ANAC to meet their expectations to safely return the 737 MAX to commercial service in Brazil".

Throughout the past 20 months, Boeing conducted more than 4,400 hours of testing including more than 1,350 flights. Teams of Boeing mechanics and engineers have established appropriate maintenance processes during storage and are already working to support depreservation activities for the aircraft in Brazil.

Safety is Boeing's top priority and the company will continue to work with regulators and our customers to return the airplane back into service worldwide.

Contact:

Boeing Communications

media@boeing.com

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2020 58 448 M - -
Net income 2020 -4 183 M - -
Net Debt 2020 40 011 M - -
P/E ratio 2020 -27,8x
Yield 2020 0,49%
Capitalization 115 B 115 B -
EV / Sales 2020 2,66x
EV / Sales 2021 1,99x
Nbr of Employees 161 100
Free-Float 55,7%
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Technical analysis trends THE BOEING COMPANY
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TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 24
Average target price 226,22 $
Last Close Price 204,32 $
Spread / Highest target 49,8%
Spread / Average Target 10,7%
Spread / Lowest Target -26,6%
EPS Revisions
Managers and Directors
NameTitle
David L. Calhoun President, Chief Executive Officer & Director
Lawrence W. Kellner Non-Executive Chairman
Jenette E. Ramos Senior Vice President-Supply Chain & Operations
Gregory D. Smith CFO & Executive VP-Enterprise Operations
Theodore Colbert Executive Vice President
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