TGI News and Press, Triumph Group Inc. From 06/11/20

A brief early June rally in airline stocks, suggesting that the worst of the COVID-19 pandemic might be behind us, faded quickly Thursday. It was a rough day for broader markets, and as airline stocks fell, they brought a lot of their key suppliers down with them. Shares of Triumph Group (...

Boeing's ( BA -17.4% ) big drop is contributing more than 230 points of the Dow Jones' 1,700-pont plunge, after the company cut production plans for the 737 MAX just two weeks after restarting work in its Seattle-area factory. More news on: The Boeing Company, Spirit AeroSystems Holdin...

BERWYN, Pa. , June 11, 2020 /PRNewswire/ -- Triumph Group [NYSE:TGI]   announced that its Triumph Systems & Support business was awarded a four-year contract for hydraulic utility actuation (HUA) valves on the F-35. The long-term agreement extends an existing two-year order ...

Shareholders of Boeing (NYSE: BA) probably expected a big boost to their stock price on Wednesday, after Reuters reported that the 737 MAX is set for a certification test flight for the Federal Aviation Administration later this month.   Instead, Boeing stock tumbled 6.2% on the day, t...

BERWYN, Pa. , June 9, 2020 /PRNewswire/ -- Triumph Group [NYSE: TGI] announced that its Triumph Systems & Support business unit recently signed a five-year, non-exclusive, fixed price agreement with a North American-based independent MRO facility for repair and overhaul support of eng...

Airlines have been hit hard by the COVID-19 pandemic. The industry's struggles have brought down many stocks that rely on aviation for a substantial chunk of their revenue. But airlines in recent days have been mounting a comeback , and the stocks that accompanied them on the way down are now r...

Airline stocks left for dead just a month ago are now soaring higher on the early signs of a post-pandemic recovery, and the elation sweeping through the sector is affecting shares of Boeing (NYSE: BA) as well as companies that make up the aerospace giant's supply chain. Boeing shares tra...

In its effort to negotiate its 737 Max order book and avoid cancellations, Boeing (NYSE: BA) has scored a pair of wins in recent days. Those, along with positive sentiment concerning the health of its airline customers, are giving a lift to the entire commercial supply chain on Wednesday. S...

Shares of General Electric (NYSE: GE) , Triumph Group (NYSE: TGI) , and Atlas Air Worldwide (NASDAQ: AAWW) all closed higher after Tuesday trading, with GE stock up a respectable 4.3%, but Triumph Group rising 10.4%, and Atlas Air winning the race with an 11.5% sprint higher. What do ...

BERWYN, Pa. , June 2, 2020 /PRNewswire/ -- Triumph Group (NYSE:TGI) congratulates AgustaWestland Philadelphia Corporation (dba Leonardo Helicopters) on being selected by the U.S. Navy for the Advanced Helicopter Training System (AHTS) program. Per the recently announced contract, Leo...