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FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked at Boeing Field in Seattle

Boeing skyrockets 24% on optimism that a coronavirus relief deal with aid for the airline industry will be approved soon

The Senate bill would provide $58 billion in relief for US airlines, split between payroll grants for workers and loans to the airlines themselves.

Tesla is now the highest-valued US industrial company after overtaking Boeing

It's a sharp reversal from a year ago, when Boeing's market value was about $200 billion higher than Tesla's.
A Boeing 737 MAX airplane is seen parked at a Boeing facility on August 13, 2019 in Renton, Washington.

Boeing slides to its lowest level in 13 months after pushing the 737 Max’s ungrounding to mid-2020

Boeing's new return-to-service estimate "is informed by our experience to date with the certification process," according to a statement.
FILE PHOTO: Steve Mnuchin Answers Questions from the Press

Treasury Secretary Mnuchin says Boeing’s 737 Max disaster could erase half a point from GDP this year — and economists fear worse

The Trump administration official still expects GDP to grow 2.5% through the year, while economists surveyed by Bloomberg project a 1.8% gain.
Debris of Ukraine International Airlines flight 752 near Tehran airport on January 8 2020.

Boeing shares jump following reports that an Iranian missile caused a fatal 737 crash — bucking claims that a technical issue downed the jet

The company's shares tanked on Wednesday after initial reports of technical issues on the jet, wiping out as much as $4.3 billion in market value.
A member of a rescue team walks among debris from a plane belonging to Ukraine International Airlines, that crashed after a take-off from Iran's Imam Khomeini airport, on the outskirts of Tehran, Iran January 8, 2020

Boeing sees $4.3 billion of market value erased after a fatal 737 crash in Iran

The jet involved is a predecessor to the 737 Max, the model grounded around the world after two fatal crashes and intense regulatory scrutiny.
Grounded Boeing 737 MAX aircraft parked in an aerial photo at Boeing Field in Seattle, Washington in July 2019.

Boeing may tap the bond market for the first time since July as 737 Max costs swell

Analysts estimate that Boeing will raise as much as $5 billion in extra debt to help cover expenses from the 737 Max disaster, The Journal reported.
Boeing CEO Dennis Muilenburg testifies before Congress in October 2019.

Boeing stock surges after CEO Dennis Muilenburg resigns from the plane manufacturer’s head role

The move comes as Boeing continues to weather the fallout from its 737 Max crisis. Chairman David Calhoun will replace the chief executive.

Here’s the gruesome truth of how much Boeing’s 737 Max debacle is expected to hurt the US economy

The model is Boeing's best-selling plane, and the production cut will hit GDP growth by lowering the company's inventory expansion, JPMorgan said.

Boeing sees $11 billion of market value erased in just 2 days as its 737 Max disaster worsens

Since the Ethiopian Airlines crash in March, the second associated with the 737 Max, Boeing shares have fallen roughly 23%.