AP FACT CHECK: Trump cites 70,000 jobs from Boeing order [FOX Business Network]
Boeing Company (The) (BA)
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Source: FOX Business Network
DALLAS – It's a big deal for a big company — Boeing's nearly $14 billion contract to sell Singapore Airlines 39 planes. Continue Reading Below But is President Donald Trump right that 70,000 or so U.S. jobs will flow from the contract? Depends on how you look at it. Boeing says the order will sustain more than 70,000 direct and indirect U.S. jobs for the company, its suppliers and others. The company did not say they were new jobs. Trump witnessed a certificate of purchase signing at the White House this week by Boeing and Singapore Airlines executives. In terms of the orders it's about $13.8 billion and most importantly it's about 70,000 jobs, Trump said, patting Boeing's Kevin McAllister on the back. So those are all jobs in this country. The president correctly cited the value of the order for 39 airplanes, but it's unlikely to yield $13.8 billion. Boeing says the contract is worth that much at current list prices. But airlines routinely receive
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News
- Boeing, NASA's longtime partner, may finally catch up to SpaceX with astronaut launch [CNN]CNN
- The Boeing Company (NYSE: BA) had its price target lowered by analysts at Citigroup Inc. from $252.00 to $224.00. They now have a "buy" rating on the stock.MarketBeat
- Astronauts thrilled to be making first piloted flight aboard Boeing's Starliner spacecraft [CBS News]CBS News
- Boeing's Starliner set to fly astronauts for the first time on May 6 [TechCrunch]TechCrunch
- Lufthansa confirms 'rough landing' by Boeing 'training flight' caught on camera bouncing off LAX runway [FOX Business Network]FOX Business Network
BA
Earnings
- 4/24/24 - Beat
BA
Sec Filings
- 4/24/24 - Form PX14A6G
- 4/24/24 - Form 10-Q
- 4/24/24 - Form 8-K
- BA's page on the SEC website