During Boeing’s earnings call earlier this week, CEO Dave Calhoun, who had announced he is stepping down by the end of the year, stated that his preference for a replacement would be a Boeing insider. In our view, this would…
Today’s key stories about Boeing revolve around the impacts that Boeing delays are having on industry participants. Other stories focus on the search for a new CEO, and Boeing’s credit rating falling to near junk level. In addition, it…
News is emerging from Asia that Air China has ordered 100 C919s in a deal valued at $10.8 billion (based on list prices), The initial media reaction reports this boosts the home team against Airbus and Boeing. Well, sort of.…
Textron reported its earnings today. First-quarter sales of $3.13 billion fell short of Wall Street expectations of $3.28 billion, and adjusted profit per share of $1.20 fell short of an expected $1.23 per share. Profit for the quarter was $201…
Bombardier reported its first quarter 2024 earnings, which came in at US$110 million, down from US$302 million last year. Revenues for the quarter were US$1.28 billion, down 12% from last year’s quarter, as the company delivered 20 aircraft during the…
Today’s key stories focus on Boeing’s upcoming spaceflight and the impact of Boeing’s problems on airlines. During this earnings season, Boeing’s customers are taking potshots at the company, including Robert Isom of American and Southwest, which can’t get airplanes of…