Boeing March 2020 O&D
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…
Category Boeing
Early retirement (update 4/9)
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,…
The MAX return and the new market reality
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…
Insight: Monday 23 March 2020: Boeing finally shuts Puget Sound production
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…
Insight: Wednesday 18 March 2020: Bailouts and Moral Hazards
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…
Boeing: US aerospace industry needs $60bln lifeline
Whatever it takes. In short, that has been President Donald Trump’s message to airlines and the aerospace industry to help both sectors financially during the current Covid-19 crisis. Airlines say they would need some $50 billion while the aerospace industry…