Delta Air Lines reported its second quarter 2024 results today, highlighted by operating revenue growth of 7% year-over-year to $16.658 billion, beating the consensus estimate of $15.452 billion. But while revenues solidly beat estimates, earnings did not. Delta’s net earnings…
Today’s headlines focus on Boeing’s multiple continuing problems. The big news was an interview with the astronauts on the International Space Station, with news that they may be stuck in space through the end of the month at best. While…
After an 18 day strike , Unifor union employees have ratified a new three-year collective bargaining agreement. The employees subject to the agreement work at the new Toronto area facilities that builds the Global family of aircraft, Bombardier’s most expensive…
Today’s key stories focus on the aftermath of Boeing’s guilty plea, speculation about the new CEO, the loss of more than 100 net orders in June, and Southwest’s “dutch roll” incident with the 737 MAX 8. The implications of the…
Today’s key stories focus on the implications of yesterday’s acceptance of what is described as a “sweetheart” plea deal agreed on by Boeing and the DOJ. The impacts are significant, as Boeing is now a corporate criminal and convicted felon. …
As expected, Boeing has accepted what has been described as a “Sweetheart” plea deal that resulted from its breach of the Deferred Prosecution Agreement with the Justice Department in 2021. That deal, had Boeing not breached it with the serious…