Today’s key news for Boeing is their $21 billion capital raise to repair their balance sheet and provide adequate cash over the coming year. With significant scheduled debt repayment and funding of operating losses and cash deficits looming, the company…
The key news surrounding Boeing today is the company’s move to raise $19 billion in a share issue to shore up liquidity and maintain an investment grade credit rating. The no vote that resulted in a continuation of the IAM…
The key news and analyses over the weekend speculate on how long the strike will continue and the difficulties of Boeing’s current situation. The tenor of articles is changing, given the difficult position the IAM has placed Boeing in, with…
Today’s news is focused on the implications of the IAM rejection of the latest Boeing offer, extending the strike that is now in its sixth week. The strike is impacting the supply chain and industry-wide disruptions in the industry. Continuing…
Textron Aviation unveiled three new business jets this week prior to the NBAA convention. The three models, the Citation M2 Gen3, CJ3 Gen3, and CJ4 Gen3 will update Cessna’s light business jet family. The CJ4 Gen3 will enter service in…
Spirit and Frontier have resumed merger talks. Prior to JetBlue outbidding Frontier for Spirit, Spirit and Frontier had a plan to merge. Unfortunately, regulators did not approve that proposed merger, and the carrier is back to square one, albeit now in financial…