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Tuesday, July 8, 2014

Boeing to recover remaining fuselage from derailed train -railway, (NYSE: BA)

The last of six Boeing Co fuselages damaged in a train derailment were expected to be recovered on Tuesday, the railway said, clearing the way for full train service to resume.But it remained unclear when Boeing's assessment of the damage to its aircraft parts would be finished.Nineteen cars in a 90-car BNSF Railway Co train derailed on July 3 near Rivulet, Montana. The train carried six 737 narrow-body fuselages and assemblies for Boeing's 777 and 747 wide-body jets. Three of the fuselages went into the Clark Fork River.The third of those fuselages was due to be recovered on Tuesday, after the other two were recovered on Sunday and Monday, said Lynda Frost, a spokeswoman for Montana Rail Link, a private company that operates on the track where the accident occurred.

The Boeing Company (Boeing) is an aerospace company. Shares of BA fell by 1.53% or $-1.969/share to $127.12. In the past year, the shares have traded as low as $98.99 and as high as $144.57. On average, 3418060 shares of BA exchange hands on a given day and today's volume is recorded at 3667477.