|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||220.25 - 226.20|
|52 Week Range||185.26 - 278.57|
|Beta (5Y Monthly)||1.51|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan. 25, 2022 - Jan. 31, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb. 13, 2020|
|1y Target Est||N/A|
(Bloomberg) -- A trade association representing major U.S. airlines asked Transportation Secretary Pete Buttigieg and the nation’s top communications and aviation regulators to prevent wireless carriers from implementing 5G services close to airports.Most Read from BloombergFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsDeadly Drone Strikes on UAE Raise Gulf Tensions, Roil Oil MarketOne of the World’s Wealthiest Oil Exporters Is Becoming UnlivableOlympic Ticket Sal
The chief executives of major U.S. passenger and cargo carriers on Monday warned of an impending "catastrophic" aviation crisis in less than 36 hours, when AT&T and Verizon are set to deploy new 5G service. The airlines warned the new C-Band 5G service set to begin on Wednesday could render a significant number of widebody aircraft unusable, "could potentially strand tens of thousands of Americans overseas" and cause "chaos" for U.S. flights. "Unless our major hubs are cleared to fly, the vast majority of the traveling and shipping public will essentially be grounded," wrote the chief executives of American Airlines , Delta Air Lines, United Airlines, Southwest Airlines and others in a letter first reported by Reuters.
The past three years have been miserable ones for shareholders of Boeing (NYSE: BA). Before Boeing was able to address the design flaw -- a computer problem rather than a structural one -- the COVID-19 pandemic took hold, crimping demand for air travel, and subsequently crimping demand for passenger jets. In several months during 2020, Boeing sold no new planes and delivered only a relative handful.