Boeing HQ
Today’s top Boeing story is the MOU for 100 737MAX aircraft from Hungary Airlines, which is a start-up founded by a Chinese businessman and looking to connect Asia with Central and Eastern Europe via Budapest. This initial order size was a bit surprising, but good news for the company once its delivery issues are solved. In the meantime, TUI Airways will be leasing 14 737 MAX 8 aircraft from BOC Aviation.
The layoffs are continuing, this time revealed via a report filed with the State of Alabama indicating plans for more than 150 layoffs in the company’s Huntsville facility. We expect more announcements to be forthcoming in the coming weeks as the second wave begins.
With uncertainty and turmoil, headhunters and other companies are raiding Boeing. One of the up and coming lawyers has just taken the CLO position with JSSI, the large business jet maintenance company. The company risks losing key management talent with the turmoil 17,000 layoffs cause internally, and may be a target for companies seeking strong performers, who may be more open to job changes during periods of major change. The senior attorney is the second key legal counsel to leave the company in recent months.
GOL in Brazil is taking three additional MAX aircraft, which will likely arrive prior to year end given that they are already in advanced stages of production.
A report on National Public Radio speaks about financial engineering as Boeing’s biggest blunder, and how the Jack Welch management processes went too far, taking the focus off building quality airplanes.
Boeing field in Seattle was the subject of a court decision, as local authorities tried to block ICE from using the airport for deportation flights. Given that the transfer of the field after World War II to King Country with free use for the Federal Government or its agents, the local attempt to block the use was quickly determined to be an overreach. We will likely continue to see ICE flights at BFI, which has had 45 flights in 2024 as the decision was under litigation. There are likely to be more under the new administration
Links to today’s news follow:
- Hungary Airlines signs agreement to acquire 100 Boeing 737 MAX aircraft – aviation24
- BOC Aviation signs leases with TUI Airways for 14 Boeing 737 MAX 8 aircraft – aviation24
- Boeing layoffs to impact over 150 in Huntsville – WAFF
- Another senior Boeing attorney exits, this one for CLO post at Jet-Maintenance company – Corporate Counsel
- GOL Linhas Aéreas expands fleet with three new Boeing 737 MAX jets – Aviacionline
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