News: On NBC’s Today show, Boeing CEO David Calhoun made a bold prediction that a major US airline will go out of business by the end of the year, and that it will take up to five years before the…
Our updated model is below. Boeing orders slip below 5,000 on MAX cancellations per WSJ No orders in April and a handful of deliveries Views: 10
The past weeks have been a one-way roller coaster for everyone in Commercial Aviation, and we’ve been on the craziest ride down ever. But the Boeing story is of special interest. For some background please see this story from Bloomberg. …
The Boeing Company, after announcing intentions in its earnings call, has secured an additional $25 billion in debt to provide the cash cushion it needs to survive the SARS-Cv-2 crisis. But since the company’s credit rating has been cut to…
Boeing intends to reduce its overall workforce by 10 percent or some 16.000 employees as it is confronted by the new market reality after the Covid-19 crisis, CEO David Calhoun has written in a letter to employees. The Commercial Airplanes…
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…