United Airlines and Boeing have struck a mammoth deal totaling $14.7 Billion. The deal was announced Thursday morning at United Airlines headquarters in Chicago.
Take a look at some of Thursday's midday movers:
Economists say uncertainty over tax increases and spending cuts set to take effect at the end of 2012 could be cutting into economic growth already. The New York Times reports.
CNBC's Phil LeBeau has the latest details on Dow component Boeing getting a huge order from the nation's largest airline.
Take a look at some of Thursday’s morning movers:
Stocks recovered from their worst levels but still finished lower Wednesday in choppy trading, after minutes of the Federal Reserve's latest meeting offered no strong hints about more easing to prop up the sluggish economy.
No issue is more misunderstood, or been more purposefully confused by the Romney and Obama campaigns, than outsourcing.
Oklahoma is earning national recognition through our efforts to enact pro-business policies that have created an environment friendly to job creation, says Governor Mary Fallin.
As orders go at air shows, the latest deal between Boeing and Air Lease Corp is not the biggest one ever done. Still, the $7.2 Billion ALC is paying for 75 new 737 MAX airplanes is significant and highlight the continued demand for more fuel-efficient single aisle planes.
Take a look at some of Monday's midday movers:
Boeing CEO Jim McNerney denied commercial aviation was in a production bubble on Monday, shortly after closing a $7.2 billion deal with Air Lease.
CNBC's Phil LeBeau discusses Air Lease Corporation's huge order of 75 Boeing 737 MAX airplanes, with Steve Udvar-Hazi, Air Lease CEO.
U.S. stock index futures declined Monday, extending their losses following a sharp selloff in the previous session on the heels of a disappointing jobs report and ahead of Alcoa's earnings after the bell.
The aeronautical industry is not experiencing a production bubble in the commercial sector, but supply will need to keep up with demand, David Baxt, Global Head of Aerospace and Defense at Jefferies, told CNBC.
Air Lease Corp places a huge order with Boeing, ordering 75, 737 MAX airplanes. James McNerney, Boeing chairman & CEO, discusses his company's growth strategies as global economies slow down and business competition heats up, with CNBC's Phil LeBeau.
European shares were set for a mixed open on Monday ahead of a euro zone finance ministers meeting in Brussels to flesh out plans to reinforce the single currency.
Despite the United States’ dominance of the aerospace and defense industry, the UK’s biennial Farnborough air show, along with the Paris show, remains one of the biggest events on the calendar.
New venues such as Singapore, Dubai and Bangalore have grown in importance with the global economy, but Farnborough is not an anachronism; it remains a premier venue to take the industry's pulse.
Defense manufacturers suffered a further blow on Wednesday as the UK became the latest European nation to announce military cutbacks as part of austerity measures.
A few days left before the Farnborough Air Show opens its gates to trade visitors, and signs for aircraft manufacturers are not good.