News The continuing soap opera for the 737 MAX continued this week, with additional problems emerging with the aircraft that regulators have noted in their review of the certification process. These include: Debris and foreign objects in fuel tanks that…
News Boeing’s struggles continued this week on three fronts as the soap opera continues. The news this week for Boeing was mixed. The company asked the State of Washington to rescind certain tax breaks for aviation companies, thereby moving Boeing…
In a word, ouch. What is there to say? No orders, zero, nada – the first time since 1962! Thirteen deliveries. More sleepness nights in Seattle and Chicago. There should also be sleepless nights on Wall Street. Views: 4
The Boeing Company released its 2019 results earlier this week, and the company’s financial health, driven by the MAX crisis, is now quite weak. This is, to a great degree, due to the stock buybacks over the last five…
News Boeing held its earnings call today, and the focus was, of course, on the MAX. While the quarterly results were terrible, Boeing’s estimate of just under $19 billion in additional costs from the MAX grounding and accidents indicate that…
Boeing ended 2019 with a net loss of $636 million, down from a $10.460 billion profit the previous year, reflecting the annus horribilis that followed the MAX-issues. Commercial Airplanes suffered most, recording a net los for the full year of…