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Air Force One to land at Joint Base Andrews after crew finds 'minor electrical issue'

Air Force One will land at Joint Base Andrews due to a minor electrical issue identified by the crew after takeoff. White House press secretary Karoline Leavitt confirmed the precautionary landing before switching to a different aircraft. Leavitt humorously noted the Qatari jet, a $400 million luxury Boeing 747-8, sounded better now. The president and his Cabinet are set to meet European leaders in Davos amid rising tensions over U.S. tariffs on Denmark and discussions about acquiring Greenland.

Boeing's stock price (closing on January 20) is expected to recover the ground lost since the 2024 door detachment incident

State Department approves potential sale of aircraft, torpedoes to Singapore for $2.3 billion, Pentagon says

Jan 20 (Reuters) - The U.S. State Department has ‌approved the ​potential sale ‍of maritime ⁠patrol ⁠and reconnaissance ‌aircraft ​and lightweight torpedoes and ⁠related ‍equipment ​to Singapore in a deal ‍valued at an estimated $2.3 billion, the ​Pentagon ‍said on Tuesday. The ​principal contractor is Boeing ( BA ), according to the Pentagon. (Reporting ​by Costas Pitas and Ryan ‍Patrick Jones)

Key facts: Boeing faces potential 30% EU tariff; Ethiopian Airlines orders 20 jets

Boeing may face a 30% tariff from the EU on American aircraft. In 2024, its European sales are expected to reach $8.7 billion, about 13% of total revenue.1Ethiopian Airlines confirmed orders for nine Boeing 787-9 Dreamliners and finalized the purchase of 11 Boeing 737 MAX jets, totaling 20 new aircraft, aimed at expanding its international network.23

UBS Keeps Their Buy Rating on Boeing (BA)

UBS analyst Gavin Parsons has maintained a Buy rating on Boeing (BA) with a price target of $275.00. Parsons, who focuses on the Industrials sector, has an average return of 14.4% and a 77.14% success rate on his stock recommendations. Additionally, Jefferies analyst Sheila Kahyaoglu also issued a Buy rating for Boeing, while TipRanks reiterated a Hold rating on the stock.