Insight: Wednesday 23 October 2019: How Bad will Things Get for Boeing (continued)
Category Boeing
Q3 Boeing: net earnings positive, but operating cash flow shows red (update)
Boeing reported net earnings of $1.167 billion in Q3, -51% compared to last year. While this result is still positive and better than Q2, the company’s operating cash flow dropped from 4.559 billion to -2.424 billion, reflecting marginal 737 deliveries,…
Kevin McAllister out at Boeing Commercial Aircraft amidst MAX crisis
Kevin McAllister has been replaced as the President and CEO of Boeing Commercial Aircraft, making him the highest-ranking departure resulting from the 737 MAX crisis. He will be replaced by Stan Deal, the current head of Boeing’s Global Services business…
Insight: Monday 21 October 2019: How bad will things get for Boeing?
How devastating will today’s revelations about Boeing be to the company?
News reports today indicate that text messages between Boeing employees show that the company apparently lied to the FAA regarding the safety of the MAX and that Boeing knew about these messages for some time before turning them over to…
Another MAX revelation
In light of the latest revelation that Boeing apparently lied to the FAA, we have some questions for our readers. Also, see this NYT story first. We have a survey for you here. Summary results after submission. Responses are anonymous.…