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  • Boeing pays $23M settlement over labor charges Friday, 10 Oct 2014 | 9:06 PM ET

    SAN ANTONIO— The Boeing Co. has paid $23 million to settle allegations that it submitted false labor charges to the U.S. Air Force for contract maintenance on C-17 Globemaster transport aircraft. A Justice Department statement issued Friday says the allegations centered on labor costs the Chicago- based company charged improperly for maintenance and...

  • Midday Glance: Aerospace companies Friday, 10 Oct 2014 | 1:19 PM ET

    Boeing fell$. 81 or. 7 percent, to $121.95. Lockheed Martin Corp. rose $1.19 or. 7 percent, to $175.74. Northrop Grumman Corp. rose$. 63 or. 5 percent, to $124.65.

  • BERLIN, Oct 10- Airbus took a step on Friday towards opening a second plant in China by signing a letter of intent with Chinese authorities to set up a cabin completion centre for its wide-body A330 jets. "We believe there is a big market for A330s, especially for domestic use in China because of airport congestion," Fabrice Bregier, chief executive of the main...

  • Early Glance: Aerospace companies Friday, 10 Oct 2014 | 10:28 AM ET

    Boeing rose$. 11 or. 1 percent, to $122.87. Lockheed Martin Corp. rose $1.23 or. 7 percent, to $175.78. Northrop Grumman Corp. rose$. 55 or. 4 percent, to $124.57.

  • Germany limits Air Berlin-Etihad codeshare flights Friday, 10 Oct 2014 | 7:42 AM ET

    BERLIN— Germany's second-biggest airline, Air Berlin, says German authorities have refused to grant permission for 34 codeshare flights with partner Etihad this winter, a decision it says it will challenge. The UAE's Etihad holds a minority stake in Air Berlin, which is engaged in a long-term effort to cut costs. Air Berlin last month canceled an order for 33...

  • Final Glance: Aerospace companies Thursday, 9 Oct 2014 | 6:01 PM ET

    Boeing fell $2.22 or 1.8 percent, to $122.76. Lockheed Martin Corp. fell $1.80 or 1.0 percent, to $174.55. Northrop Grumman Corp. fell $2.34 or 1.9 percent, to $124.02.

  • Midday Glance: Aerospace companies Thursday, 9 Oct 2014 | 2:06 PM ET

    Boeing fell $2.03 or 1.6 percent, to $122.95. Lockheed Martin Corp. fell $1.79 or 1.0 percent, to $174.56. Northrop Grumman Corp. fell $1.80 or 1.4 percent, to $124.56.

  • Early Glance: Aerospace companies Thursday, 9 Oct 2014 | 11:31 AM ET

    Boeing fell $1.28 or 1.0 percent, to $123.70. Lockheed Martin Corp. fell$. 73 or. 4 percent, to $175.62. Northrop Grumman Corp. fell$. 75 or. 6 percent, to $125.61.

  • FRANKFURT, Oct 9- German exchange operator Deutsche Boerse is set to unveil a wide-ranging cooperation with the Shanghai Stock Exchange, three sources familiar with the plans said on Thursday. An agreement setting out the arrangement could be signed as soon as Friday, along with other business deals that could involve European planemaker Airbus, when Chinese...

  • PARIS, Oct 9- Transatlantic aero engine joint venture CFM International said on Thursday it had begun flight trials of its next-generation LEAP engine, stepping up a race for billions of dollars of jet engine sales in the coming years. The company, co-owned by General Electric and France's Safran, said in a statement it was on track to win safety approval for the...

  • These 11 companies utterly crushed earnings season Wednesday, 8 Oct 2014 | 11:36 AM ET
    Cablevision headquarters is shown in Bethpage, N.Y.

    There's a group of companies that has absolutely crushed it during earnings season by routinely blowing away expectations, reports USA Today.

  • S&P 500 lands at 8-week low; Europe slowdown weighs Tuesday, 7 Oct 2014 | 4:45 PM ET
    Trader on the floor of the New York Stock Exchange.

    Stocks fell Tuesday, extending losses into a second day, amid increased signs of slowing growth in Europe and ahead of earnings.

  • PARIS, Oct 7- Prosecutors in the Airbus insider trading case suffered another setback on Tuesday when a Paris court refused to accept the prosecution dossier, a move which could further delay one of France's most keenly awaited corporate trials. The trial, involving allegations of insider trading in the shares of Airbus Group, formerly known as EADS, had already...

  • The news comes days after Boeing announced plans to shift defense services and support work out of Washington state, a separate and unrelated decision that could also add hundreds of jobs to the St. Louis area, the sources said on Monday. The 777 X decision calls for Boeing to shift some packages of work done by outside suppliers to its own St. Louis facility, the...

  • PARIS, Oct 6- European planemaker Airbus sold 76 aircraft in September, but ended the first nine months of the year behind its U.S. rival Boeing in the number of planes sold and delivered, company data showed on Monday. Airbus sold a net total of 69 aircraft last month after adjusting for the cancellation of seven of the nine A321 jets ordered by privately owned...

  • Inside the world's largest aluminum-lithium plant Thursday, 2 Oct 2014 | 11:07 AM ET

    Alcoa opened a new plant on Thursday—the latest installment of its aggressive $90 million expansion in aerospace manufacturing.

  • WASHINGTON, Oct 2- New orders for U.S. factory goods posted their biggest decline on record in August, payback for an aircraft-driven jump a month earlier. The Commerce Department said on Thursday new orders for manufactured goods dropped 10.1 percent. The Commerce Department revised slightly lower its estimate for growth in orders for non-defense capital...

  • The move, while widely expected, shows Boeing's confidence that its own factory and its network of parts suppliers can step up to the fastest-ever rate for Boeing's single-aisle jet. After the increase, annual production of 737 aircraft is expected to rise to an all-time high of more than 620, Boeing said. Boeing had already announced plans to raise monthly...

  • Oct 2- Boeing Co said it would raise monthly production of 737 commercial aircraft to 52 in 2018 from 42 currently to meet strong demand from customers worldwide. After the increase, annual production of 737 aircraft is expected to rise to an all-time high of more than 620, Boeing said in a statement. Boeing had earlier said it would raise monthly production of 737...

  • First US Ebola patient flew United, airline says Wednesday, 1 Oct 2014 | 6:32 PM ET

    Global airline stocks closed sharply on Wednesday after the CDC confirmed the first case of Ebola in the country.