Leeham News and Analysis
There's more to real news than a news release.
Leeham News and Analysis
- Bjorn’s Corner: New engine development. Part 5. Turbofan design problems April 26, 2024
- Airbus 1Q2024 results: Airbus CEO: “A350 in-service experience drives positive reputation and orders” April 25, 2024
- A350-1000 or 777-9? Part 3 April 25, 2024
- Boeing CEO promises company is turning around…again April 24, 2024
- Solid start for stand-alone GE Aerospace despite cuts to LEAP output April 23, 2024
Boeing records loss in 2023, but better than expected results; no guidance for 2024
By Dan Catchpole Subscription Required Jan. 31, 2024 © Leeham News: Boeing posted a $5.8B loss in 2023, a substantial improvement over the previous year’s $11B loss. Boeing Commercial Airplanes even posted a $41M profit in the fourth… Read More
FCF: The Double-Edged Sword (an accounting primer)
By the Leeham News Team Analysis Jan. 30, 2024, © Leeham News: Boeing reports its year-end 2023 earnings tomorrow. Historically, Free Cash Flow (FCF) is a key metric officers like to promote, and aerospace analysts focus on. Before… Read More
Culture change needed at Boeing; labor contract talks begin in March and could lead the way
A Leeham News Editorial Jan. 29, 2024, © Leeham News: If Boeing is to emerge from its latest crisis unscathed, it will need to commit to a culture change. That’s the consensus of industry watchers, and it’s one… Read More
Instead of progress, Boeing must deal with new crisis of Alaska Flight 1282 on Wednesday’s earnings call
Subscription Required By Scott Hamilton and Judson Rollins Jan. 29, 2024, © Leeham News: Twenty-twenty-four will be a crucial year for Boeing. A door plug blew off a Boeing 737-9 MAX Jan. 5. The company must deal with… Read More
Leadership changes required at Boeing, say conference delegates
By Scott Hamilton Analysis Special Coverage of the Boeing Crisis Jan. 26, 2024, © Leeham News: At the first commercial aviation conference following the Alaska Airlines Flight 1282 Boeing 737-9 accident on Jan. 5, much of the conversation… Read More
FY and Q4 2023 Earnings: Hexcel’s Sales and Margins Expectations Miss Draw The Ire of Analysts
By Chris Sloan Jan. 25, 2024, © Leeham News – Advanced composite materials maker Hexcel received a drubbing from analysts for reduced narrowbody sales in the most recent quarter. “This is the second quarter in a row that… Read More
Updated: FAA grounds expansion plans for Boeing 737 MAX production, approves path for MAX 9s to resume flights
UPDATING (2) Hundreds of 737s scheduled for delivery this year and in coming years affected by FAA action. IAM shares concerns with Boeing, FAA. By Dan Catchpole Special Coverage of the Boeing crisis Jan. 24, 2024 © Leeham… Read More
Culture key to latest Boeing MAX crisis: panelists
By Scott Hamilton Special Coverage of the Boeing crisis Jan. 24, 2024, © Leeham News: What began as a non-fatal accident with an Alaska Airlines 737 MAX 9 on Jan. 5 has blown into a full crisis for… Read More
GE Aerospace’s Q4 and FY 2023 Earnings Draw Analyst’s Short-Term Shrugs and Long-Term Cheers
By Chris Sloan Jan. 23, 2024, © Leeham News – GE Aerospace’s last earnings season before morphing into a pure play engine maker ended on a disappointing note for some analysts. “Aero results were a bit short of… Read More
RTX FY and Q4 2023 Earnings: Pratt GTF Propulsion Prognosis Improves, Collins Enjoys Widebody Renaissance Tailwinds
By Chris Sloan Jan. 23, 2024, (c) Leeham News: RTX, the parent company of Pratt & Whitney and Collins Aerospace, reported during its fourth-quarter earnings call slivers of good news in the GTF program, which enters its ninth… Read More