Reuters
• Dan Catchpole
Boeing’s decision to sell Wisk Aero is being viewed by analysts as a targeted effort to exit a struggling, non-core air-taxi business rather than the start of another divestment wave. The move reflects the aerospace giant’s focus on its broader turnaround priorities.
Boeing
Latest source-backed stories
Boeing’s decision to sell Wisk Aero is being viewed by analysts as a targeted effort to exit a struggling, non-core air-taxi business rather than the start of another divestment wave. The move reflects the aerospace giant’s focus on its broader turnaround priorities.
Boeing’s deferred production costs are rising again, according to Leeham News. The development puts renewed focus on the company’s program-accounting balances and how production economics are being reflected in its financial reporting.
The U.S. Department of War has reached framework agreements with Boeing and RTX to increase production of components for SM-3 Block IB and Block IIA missile interceptors. The agreements build on RTX frameworks announced in February, but their scope, value and specific industrial commitments remain undisclosed.
Boeing has completed flight testing of a 787-9 equipped with a modified Rolls-Royce Trent 1000 nacelle featuring a shorter engine inlet. The company says the design could reduce nacelle weight and aerodynamic drag, lowering fuel consumption without increasing noise on future turbofan installations.
Wall Street analysts have become more optimistic about Boeing’s recovery, turning the most bullish on the company in nearly four years. The shift reflects growing confidence in the manufacturer’s efforts to stabilize and turn around its business, though the report provides no specific financial targets or operational milestones.
Boeing personnel hoisted an MQ-25 Stingray prototype aboard the USS Nimitz in June, revealing a potential expansion of the carrier-based drone’s mission beyond aerial refueling. The move suggests the U.S. Navy may be quietly exploring an armed role long suspected but repeatedly denied by the Pentagon.
High activity
A Delaware judge dismissed a shareholder lawsuit accusing Boeing directors of overlooking safety risks before the January 2024 door-plug blowout on an Alaska Airlines 737 Max 9. The ruling removes the investor case against the board, but the litigation centered on Boeing’s safety governance remains consequential.
High activity
The NTSB’s preliminary report says bird remains and feathers were found on components of a damaged engine after a Ryanair Boeing 737-800 suffered an engine failure over Greece on July 10. Engine debris pierced the fuselage, dislodging a window and partially pulling a passenger outside.
Create a free account to see more recent Boeing stories and keep bookmarks in one place.
