Boeing had a terrible 2024 and needs to raise cash to pay down debt. The company reported losses of $11.8 billion last year and was forced to raise $21 billion in October. While the company had only $10.5 billion in…
GE Aerospace reported its fourth-quarter results this morning, exceeding Wall Street expectations. The company reported adjusted EPS of $1.32, beating Wall Street expectations of $1.04 by 27% and up 102.6% year over year. Stronger-than-expected revenues and higher-than-expected margins combined to…
United Airlines fourth quarter profits were released today, and the company’s performance exceeded Wall Street expectations. The company reported adjusted full-year pre-tax earnings of $4.6 billion, and an adjusted pre-tax margin of 8.1%. Adjusted diluted earnings per share came in…
Developmental delays have plagued Boeing’s 777X . The latest delay, which began in the third quarter of 2024, involved cracked thrust links on engine mounts in multiple test articles. In its final configuration, Boeing has developed a fix and resumed certification flight testing of…
The week at Boeing was relatively quiet in early 2025. That is a good thing. The FAA has proposed two new airworthiness directives this week, both of which have already been corrected by company in service bulletins last year that…
The final numbers from Airbus and Boeing have been released. Boeing, which released its results earlier today, delivered less than half the number of airplanes that Airbus did in 2024. The final tally is Airbus 766 to Boeing 348. Last…