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US judge should reject Boeing plea deal, crash victim families say

UPDATE 2-US judge should reject Boeing plea deal, crash victim families say Updates with DOJ, Boeing decline to comment in paragraph 5, background, details in paragraph 6, 10, 13 By David Shepardson July 25 (Reuters) - U.S. District Judge Reed O'Connor should reject a "sweetheart" plea deal the Justice Department struck with Boeing BA.N , relatives of 15 of the 346 people killed in two fatal 737 MAX crashes said on Thursday.
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Southwest Airlines' open seating to end as it looks to lift earnings

UPDATE 5-Southwest Airlines' open seating to end as it looks to lift earnings Adds comment from Elliott Investment in paragraphs 15, 16 By Rajesh Kumar Singh and Shivansh Tiwary July 25 (Reuters) - Southwest Airlines LUV.N announced sweeping changes on Thursday, including plans to end open seating that has been the hallmark of its brand for decades as it faces investor pressure to improve results and shore up its share price.
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Boeing finalizes 737 MAX guilty plea deal, US outlines reasons

UPDATE 3-Boeing finalizes 737 MAX guilty plea deal, US outlines reasons Updates with details on fine in paragraph 12 By David Shepardson, Allison Lampert and Chris Prentice July 24 (Reuters) - Boeing BA.N finalized a guilty plea to a criminal fraud conspiracy charge and agreed to pay at least $243.6 million after breaching a 2021 agreement with the U.S.
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U.S. Alphabet, GE Aerospace, Tesla

U.S. RESEARCH ROUNDUP-Alphabet, GE Aerospace, Tesla July 24 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Alphabet, GE Aerospace and Tesla, on Wednesday. HIGHLIGHTS * Alphabet Inc GOOGL.O : Piper Sandler raises target price to $206 from $200 * GE Aerospace GE.N : JP Morgan raises target price to $190 from $175 * HCA Healthcare Inc HCA.N : Leerink Partners raises target price to $396 from $367 * Kimberly-Clark Corp
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Q2 earnings reporting picks up steam, forecast rises

LIVE MARKETS-Q2 earnings reporting picks up steam, forecast rises Nasdaq edges up 0.06%; S&P flat, Dow edges down Cons Disc leads S&P 500 sector gainers; Energy down most Dollar, gold up slightly; bitcoin down >3%; crude off >1% U.S. 10-Year Treasury yield down to ~4.24% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Longer wait for airline results take-off

LIVE MARKETS-Longer wait for airline results take-off Nasdaq edges up 0.1%; S&P, Dow both ~flat Cons Disc leads S&P 500 sector gainers; Energy down most Dollar, gold up slightly; bitcoin down >3%; crude off >1% U.S. 10-Year Treasury yield dips to ~4.23% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com LONGER WAIT FOR AIRLINE RESULTS TAKE-OFF Airlines aren't the weakest of the tran
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Summer travel boom not enough to fire up airline earnings

Summer travel boom not enough to fire up airline earnings By Rajesh Kumar Singh and Joanna Plucinska CHICAGO/LONDON, July 22 (Reuters) - Record summer travel demand was tipped to translate into bumper earnings for airlines - but quarterly reports are looking less than stellar. While plenty of customers are flocking to travel destinations worldwide, airlines are finding an excess supply of seats in the price-sensitive end of the market has forced them to discount fares to fill their planes.
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Boeing exec says planemaker has settled on design for MAX 7 icing issue

UPDATE 1-Boeing exec says planemaker has settled on design for MAX 7 icing issue Adds more details on MAX 7, background on issue in paragraphs 4-10 By David Shepardson LONDON, July 21 (Reuters) - Boeing's BA.N commercial airplane chief said the planemaker has settled on the design to address an engine anti-ice system that has significantly delayed certification of the 737 MAX 7 and suggested a fix could be completed by next year.
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Boeing projects 3% hike in global airplane deliveries over next 20 years

Boeing projects 3% hike in global airplane deliveries over next 20 years By David Shepardson July 19 (Reuters) - U.S. planemaker Boeing BA.N raised its industry-wide annual 20-year forecast for new jetliner deliveries by 3% to 43,975, propelled by the strength of passenger demand, rising airline competition and the eventual replacement older less efficient planes.
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U.S. Anaptysbio, Blackstone, Netflix

U.S. RESEARCH ROUNDUP-Anaptysbio, Blackstone, Netflix July 19 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Anaptysbio, Blackstone and Netflix, on Friday. HIGHLIGHTS * Anaptysbio Inc ANAB.O : JP Morgan raises to overweight from neutral * Blackstone BX.N : Piper Sandler raises target price to $149 from $134 * Domino's Pizza Inc DPZ.N : Jefferies cuts target price to $455 from $512 * DR Horton Inc DHI.N : Barclays ra
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US DOJ says it has made substantial progress toward final Boeing plea agreement

UPDATE 1-US DOJ says it has made substantial progress toward final Boeing plea agreement Adds Boeing declining to comment, more details of plea deal in paragraphs 3-10 By David Shepardson WASHINGTON, July 18 (Reuters) - The U.S. Justice Department said on Thursday the government has made "substantial progress" toward reaching a final plea agreement with Boeing BA.N but does not expect to file the details before July 24. The planemaker on July 7 agreed in principle to plead guilty to a criminal f
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Aerospace workers challenge planemakers over mandatory overtime

Aerospace workers challenge planemakers over mandatory overtime Boeing and Airbus workers in North America push back on mandatory overtime Younger aerospace workforce demands more flexible schedules Thirty percent of US aero and defense manufacturing workforce is aged 55 and above -McKinsey By Allison Lampert July 18 (Reuters) - North American aerospace factory workers seeking to reduce mandatory overtime and lock in four-day work weeks are facing some pushback from planemakers trying to increas
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Alaska Air CEO Says Expect DOJ To Complete The Review Of Hawaiian Airlines Acquisition Deal By Aug. 5 - Conf Call

BRIEF-Alaska Air CEO Says Expect DOJ To Complete The Review Of Hawaiian Airlines Acquisition Deal By Aug. 5 - Conf Call July 18 (Reuters) - Alaska Air Group Inc ALK.N : ALASKA AIR CEO SAYS EXPECT DOJ TO COMPLETE THE REVIEW OF HAWAIIAN AIRLINES ACQUISITION DEAL BY AUG. 5 - CONF CALL ALASKA AIR CEO SAYS WE NOW EXPECT FULL-YEAR CAPACITY GROWTH TO BE L
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Alaska Air Group Inc reports results for the quarter ended in January - Earnings Summary

Alaska Air Group Inc reports results for the quarter ended in January - Earnings Summary Alaska Air Group Inc ALK.N reported quarterly adjusted earnings of $2.55​​ per share for the quarter ended in January, lower than the same quarter last year, when the company reported EPS of $3.00. The mean expectation of thirteen analysts for the quarter was for earnings of $2.38 per share.
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Alaska Air Q2 Net Income USD 220 Million

BRIEF-Alaska Air Q2 Net Income USD 220 Million Jul 17 (Reuters) - Alaska Air Q2 adjusted net income USD 327 million vs. IBES estimate USD 301 million. Q2 EPS USD 1.71 Q2 adjusted EPS USD 2.55 vs. IBES estimate USD 2.38
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Boeing Seattle workers pass strike sanction vote, union says

UPDATE 2-Boeing Seattle workers pass strike sanction vote, union says Strike mandate vote passes with 99% in favor Union seeks 40% raise in first full negotiation with Boeing in 16 years Strike cannot be called before contract expires on Sept. 12 Boeing faces financial and production challenges, including competition from Airbus Recasts with voting results, adds comments by union local president, paragraphs 1, 4-6 and 9 By Allison Lampert and David Ryder SEATTLE, July 17 (Reuters) - Boeing's BA.
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Alaska Air Group Reports Second Quarter 2024 Results

BRIEF-Alaska Air Group Reports Second Quarter 2024 Results July 17 (Reuters) - Alaska Air Group Inc ALK.N : ALASKA AIR GROUP: REACHED TENTATIVE AGREEMENT WITH ALASKA FLIGHT ATTENDANTS REPRESENTED BY AFA ALASKA AIR GROUP INC: SEES FY EPS $3.50 TO $4.50 ALASKA AIR GROUP INC: SEES FY CAPEX $1.2 BILLION - $1.3 BILLION ALASKA AIR GROUP: VOTING ON AFA AGREEMENT IS EXPECTED TO CONCLUDE BY MID-AUGUST ALASKA AIR GROUP INC: QTRLY ADJUSTED EARNINGS PER SHARE $2.55 ALASKA AIR: IN QUARTER, CERTIFIED SUBSTANT
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Alaska Air third-quarter profit view lags estimates on hit from cabin crew deal

Alaska Air third-quarter profit view lags estimates on hit from cabin crew deal By Shivansh Tiwary and Rajesh Kumar Singh July 17 (Reuters) - Alaska Air Group ALK.N forecast third-quarter profit below estimates on Wednesday, citing a financial hit from its new flight attendant contract deal, while it topped market expectations for second-quarter earnings.
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US safety board to hold hearings on Boeing 737 MAX door incident

UPDATE 1-US safety board to hold hearings on Boeing 737 MAX door incident Adds no immediate FAA comment, Boeing declining comment, details in paragraphs 3-9 By David Shepardson WASHINGTON, July 17 (Reuters) - The National Transportation Safety Board said on Wednesday it had scheduled 20 hours of hearings over two days on the January Alaska Airlines ALK.N Boeing 737 MAX 9 in-flight door plug emergency and would review oversight by U.S.
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NTSB to probe FAA oversight of Boeing at Aug 6-7 investigating hearing

NTSB to probe FAA oversight of Boeing at Aug 6-7 investigating hearing WASHINGTON, July 17 (Reuters) - The National Transportation Safety Board said on Wednesday it had scheduled 20 hours of hearings over two days on the January Alaska Airlines ALK.N Boeing 737 MAX 9 in-flight door plug emergency. The NTSB said the Aug. 6-7 hearings are set to last
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