Reuters reports another MAX order cancellation. Last month Boeing announced that it had 150 MAX cancelations to date. This latest one, from GE, is for another 69. GECAS has 29 MAX planes in its fleet and will maintain existing orders…
Here’s our updated model. Boeing removed 313 aircraft from its backlog in March (150 737 Max cancellations) -75 MAX from Avolon plus -34 MAX (of 135 ordered) by GOL Boeing YTD net orders at -307 Turkish is the largest delivery…
Covid-19 not only seems to wipe out a generation of vulnerable and elderly men and women, but as a consequence of the effect it has on aviation also the vulnerable and elderly aircraft types. We witnessed this on March 29,…
Yesterday Reuters reported that Boeing plans a May restart on MAX production. This planning is despite the fact that the Renton plant is closed because of Covid-19 at least until March 25. Even if the Renton plant reopens by the end…
Boeing today announced that it is shutting production at its Puget Sound facilities after the death of an employee from the coronavirus. Two weeks ago, on March 6th, we called for Boeing to shut down its Everett facilities after an…
Boeing and the airline industry are clamoring for billions of dollars in bailouts as the coronavirus crisis has dramatically impacted them financially. Clearly, Boeing, the largest US exporter, will be considered too big to fail, just as General Motors was…