|Day's Range||199.30 - 200.95|
|52 Week Range||123.96 - 204.39|
|PE Ratio (TTM)||24.60|
|Dividend & Yield||5.68 (2.86%)|
|1y Target Est||N/A|
A veteran Boeing commercial airplane executive is retiring while a second senior executive is taking on bigger role. Scott Fancher, a senior Boeing vice president of program management, integration and development programs, will retire in September after a 40-year career. Boeing Chairman, President and CEO Dennis Muilenburg said Fancher's planned retirement, along with that of Boeing Vice Chairman Ray Conner this fall , created a window to consolidate performance-based efforts under Greg Smith, Boeing's chief financial officer and executive vice president of corporate development and strategy.
In April, Boeing had asked the Commerce Department to investigate alleged subsidies and unfair pricing for Bombardier's CSeries airplane, accusing Bombardier of having sold 75 of the planes to Delta Air Lines Inc (DAL.N) last year at a price well below cost. The Commerce Department decided to launch an investigation into Boeing's claims in May, a decision which was opposed by the Canadian government. The U.S. Department of Commerce and Bombardier were not immediately available for comment, while Boeing declined to comment.
Boeing has requested that the US Department of Commerce delay by several months a decision about whether to hit Bombardier's CSeries with subsidy-related import duties.