Forward Looking Statements–the Fast Version

Publicly traded companies in the US must go through a ritual of providing “Forward Looking Statements,” which are filled with legalese that are getting longer and long. To be in compliance at yesterday’s media day, US Airways dutifully… Read More

Odds and Ends: $500k per plane to fix 787, says FAA; China’s Airbus order

Cost of 787 fix: It will cost nearly $500,000 per aircraft to install the battery fix in the Boeing 787, documents released by the Federal Aviation Administration indicate. The actual math is $466,666. Analysts believe the 787 grounding… Read More