Today’s key news centers about the continuing impacts of the IAM strike and the resumption of production as the company focuses on improving efficiency and cash flow. Aircraft production will take weeks to restart, impacting Boeing’s cash flow, with continuing…
Boeing news today centers on financing Spirit Aero, a new MAX order, two legal wins, and Southwest blaming late airplane deliveries for staffing cuts. The company has arranged an advance payment agreement with Spirit AeroSystems to keep the troubled…
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Today’s key stories focus on changes at Boeing. The portfolio of the Global Services division could change with the potential sale of Jeppesen. While no decision has yet been taken, Jeppesen is very profitable, with revenues of about $400k per…
The Boeing supply chain is having difficulties, and it now appears that Leonardo, who manufacture a fuselage section for the 787 as a Tier 1 partner, is looking to sell its loss-making aerostructures business. This move could potentially be disruptive…
IAG, International Consolidated Airlines Group, reported strong third quarter earnings that beat street expectations today. The group also announced that it would buy back €350 million of its own shares beginning next week. Robust travel demand and strong cash generation…