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India launches inspection of Boeing 787s
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Boeing expects global demand for air travel to increase by more than 40% by 2030, driving the need for thousands of new jetliners in the next few years, according to its 20-year demand forecast for commercial airliners released Sunday ahead of the Paris Airshow.
A London-bound Air India plane carrying more than 240 people crashed shortly after takeoff Thursday. Authorities said there were no known survivors.
The crash happened just weeks after the company cut a deal with the U.S. government to avoid taking criminal responsibility for a pair of deadly crashes in 2018 and 2019.
Boeing delivered a new 787-9 aircraft to China's Juneyao Airlines on Saturday, Chinese media outlet Yicai reported, as trade tensions between Beijing and Washington ease.
Boeing remains a dominant aerospace player with long-term upside, despite recent crises and compressed financials. Read why we remain bullish on the stock and the turnaround potential.
Last year, the F.A.A. said it was also investigating claims by a Boeing engineer that parts of the fuselage, or body, of the Dreamliner were improperly fastened together, which the whistle-blower said could cause premature damage to the plane over years of use.
Despite its current price of approximately $205, which may seem like a reasonable valuation, we do not consider Boeing stock to be a compelling investment at this moment.
Air India directed to carry out Boeing 787 safety checks as families reunited with victims Missouri Governor Mike Kehoe on Thursday declared a State of Emergency and activated the Missouri National Guard in anticipation of protests across the state. They thought he was doing a different kind of "cruising."
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