Embraer had an investor day in New York this morning with key executives briefing the investment community. The session began with an overview from Embraer CEO Francisco Gomes Neto,. His briefing can be viewed below: The company’s main pillars…
Today’s news about Boeing includes a new board member, a new defense executive, and a large agenda for CEO Ortberg. Tim Buckley, the former CEO of Vanguard, will join Boeing’s board. At 55, he is younger than most of…
Today is a relatively quiet day in the news for Boeing. The company has begun its 10% staff cuts and the process of delivering “pink slips” to impacted employees began yesterday. The company plans to become more productive, with a…
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…
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…