Nov. 10, 2021, (c) Leeham News: Today’s episode is 10 Minutes About Boeing Future. With LNA today is a special guest, John Plueger, the president and CEO of Air Lease Corp., one of the leading and most influential lessors in the business. Normally this podcast is 10 Minutes. Because of the topic and the participation of Plueger, we go 27 minutes.
Aug. 3, 2021, © Leeham News: Airbus last week launched the A350 freighter program. This is the first real challenge to Boeing’s decades-long dominance in the freighter market that poses a real threat.
LNA wrote on April 6 that Boeing’s dominance was under threat. The A350F makes this a reality, along with the ICAO emission standards that take effect in 2027.
Boeing CEO David Calhoun said last week he’s “confident” the long-delayed 777-XF might be the next program launched.
In today’s 10 Minutes About, we discuss these and other topics.
Scott Hamilton and Pontifications are taking the day off.
July 5, 2021, © Leeham News: Development of small supersonic transports (SSTs) seemed, for a time, a fad. Three companies announced plans to develop an SST business jet with two of them expanding the concepts to be small passenger airliners, each with less than 100 seats.
Today, only one company appears remaining. Aerion collapsed recently for lack of funding. Boom remains, announcing a “commercial agreement” with United Airlines early this month for 15 Overture SSTs and options for 35 more. The agreement, however, is highly conditional.
LNA discussed the agreement in a previous 10 Minutes About podcast. Today’s 10 Minutes About is a technical discussion about designing an SST.
June 30, 2021 © Leeham News: Yesterday’s 10 Minutes About discussed Boeing’s drive toward a dramatic new way to design and produce new airplanes. Today’s 10 Minutes About looks at how Airbus is approaching the same challenge.
June 29, 2021, © Leeham News: “Most often when a new airplane is developed by either side, it is usually developed around a propulsion package that offers 15% to 20% improvement with respect to efficiency versus the one it’s displacing. That’s the way it’s happened over a long period of time,” Boeing CEO David Calhoun said on the most recent earnings call.
“I don’t believe the next generation of an engine can deliver that kind of performance. Therefore, whatever cost-efficiency ultimately and whatever performance advantages are derived from the next airplane in my view are going to come from the way it’s engineered and the way it’s manufactured. All [will be] with a focus on a lower cost per seat when we get it to the marketplace. And, yes, [it will have] a more sustainable package with respect to the environment.”
Just how practical is this approach? Today’s 10 Minutes About discusses Boeing’s moonshot in design and production for its next airplane, whatever it is.
June 8, 2021, © Leeham News: United Airlines and the start-up company, Boom, last week announced an agreement by which UAL will acquire up to 50 Boom Overture SSTs.
In today’s episode of 10 Minutes About, LNA discusses the commercial agreement and just a few of the issues facing development of the Overture.
April 21, 2021, (c) Leeham News: Boeing announceed April 20 that the Board extended CEO David Calhoun’s mandatory retirement age from 65 to 70. Calhoun was 64 on April 18 and had one year to accomplish everything that needs to be done.
Now, with six years, he can finish structuring Boeing and presumably launch a new airplane program.
Also announced on April 20 is that Greg Smith, the chief financial officer and EVP of strategy and other things, will retire July 9. Smith was named CFO in 2011. Some thought he might be in line to become CEO once Calhoun stepped down at age 65.
Richard Aboulafia of The Teal Group is LNA’s guest on this episode of 10 Minutes About to discuss these developments.
Feb. 23, 2021, © Leeham News: Last week, Boeing announced that two members of the Board—Arthur Collins and Susan Schwab—will retire at the end of their terms in April. No replacements have been named yet.
Earlier, Ambassador Nikki Haley resigned over policy differences related to the COVID crisis CARES act. Haley was not replaced. More recently Caroline Kennedy resigned from the Board. She was replaced by the former CEO of the accounting firm KMPG.
Boeing’s 12-member Board is heavy on representatives of the defense and finance industries. It has ex- politicians, pharmaceutical and communications members. But other than Lawrence Kellner, who is from the airline industry, there is nobody representing commercial aviation manufacturing, design, engineering or production.
LNA’s podcast today takes a look at these facts and Boeing’s Board of Directors.
These are the alternative suggested by environmentalists and industry to reduce carbon emissions by the airlines.
Which makes sense? Which is practical? Today’s 10 Minutes About considers these factors.
Feb. 3, 2021, © Leeham News: The Airbus A330neo is technically a good airplane. But sales never took off. There are only 331 orders for the airplane and easily more than 100 are iffy. Airbus publicly said there was potential for 1,000 orders when it launched the program. Why hasn’t the neo taken off any better? This week’s 10 Minutes About the A330neo explains why.