Today’s key stories about Boeing examine how Boeing got into problems and whether it is likely to get out of difficulties on a timely basis. Boeing’s cash burn is leading the company to sell $10B in bonds, just as it…
SkyWest surpassed expectation in 1Q 2024. The carrier reported strong first quarter revenues and earnings as the US major airlines, including their regional affiliates, produced strong results. SkyWest operates regional flights for Delta, United, American, and Alaska Airlines, and carried…
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…
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…