Why Boeing’s new CEO needs to be an outsider
Tag Boeing
The Daily Boeing, key stories for 29 April 2024
Today’s key stories about Boeing revolve around the impacts that Boeing delays are having on industry participants. Other stories focus on the search for a new CEO, and Boeing’s credit rating falling to near junk level. In addition, it…
Air China orders 100 C919s
News is emerging from Asia that Air China has ordered 100 C919s in a deal valued at $10.8 billion (based on list prices), The initial media reaction reports this boosts the home team against Airbus and Boeing. Well, sort of.…
The Daily Boeing – key stories for 26 April 2024
Today’s key stories focus on Boeing’s upcoming spaceflight and the impact of Boeing’s problems on airlines. During this earnings season, Boeing’s customers are taking potshots at the company, including Robert Isom of American and Southwest, which can’t get airplanes of…
Southwest Airlines 1Q24 earnings and MAX costs
The summary per the airline states: Net loss of $231 million, or $0.39 loss per diluted share Net loss, excluding special items, of $218 million, or $0.36 loss per diluted share Record first quarter operating revenues of $6.3 billion Liquidity of $11.5 billion, well in excess of debt…
The Daily Boeing – key stories for 25 April 2024
The latest Boeing news centers on the first quarter earnings call, with another whistleblower emerging and crash victims pressuring for criminal action. The earnings call had the company reporting lower sales, a net loss, and burning cash during the quarter. …