• BA

Boeing plans to launch effort to raise over $15 billion in capital as early as Monday, source says

Boeing plans to raise over $15 billion in capital to improve finances affected by a strike, while facing potential credit rating downgrades and significant operational challenges.

• BA

Boeing to launch $15 bln capital raise by as soon as Monday- Bloomberg

Boeing plans to raise $15 billion amid a strike impacting cash flow and seeks to prevent a credit rating downgrade, facing various operational challenges.

• BA

Boeing weighing sale of space business: WSJ

Boeing is considering selling its space business, including Starliner, in a bid to streamline operations and improve cash flow amid ongoing challenges.

• BA

Boeing exploring sale of its space business, WSJ reports

Boeing is considering selling parts of its space business, including the troubled Starliner, amidst various operational challenges and a significant worker strike.

• BA
• TXT

US October nonfarm payrolls seen taking a hit from striking aerospace, hotel workers

U.S. nonfarm payrolls may drop by 41,000 in October due to strikes at Boeing and several hotel chains, alongside job losses from hurricanes, as per government data.

• BA

Morgan Stanley sees more downside risk for Boeing stock

Morgan Stanley highlights risks facing Boeing due to a rejected labor contract, predicting possible stock decline amidst labor disruptions while maintaining a target of $170.

• BA
• LMT

Fearing China's hypersonic weapons, US Navy seeks to arm ships with Patriot missiles

• BA
• HON
• LUV
• SPR

Union's rejection of Boeing offer threatens jobs at aerospace suppliers

Boeing's strike threatens operations of suppliers like Independent Forge. Prolonged disruptions may lead to layoffs, affecting the aerospace supply chain and plane production recovery.

• BA
• SAF
• SAFRY

Safran hikes annual income guidance after Q3 revenue growth; shares climb

Safran raised its 2024 income forecast amid strong revenue growth, but trimmed its revenue outlook while facing supply chain challenges and potential impacts from the Boeing strike.

• BA

Norwegian Air trims outlook after Q3 profit miss

Norwegian Air lowered its 2024 profit outlook after Q3 earnings missed expectations, citing cost pressures and Boeing delivery delays, leading to a significant drop in shares.