Shanahan: Spirit AeroSystems and Airbus need to have “family meeting”

By the Leeham News Team May 7, 2024, © Leeham News: For a company actively negotiating its own dismemberment, Spirit AeroSystems managed to record first quarter losses even worse than Wall Street expected. The company recorded $617M in losses… Read More

Southwest could solve its MAX 7 woes … by buying Breeze?

Subscription Required By Judson Rollins Introduction  May 6, 2023, © Leeham News: Southwest Airlines, still awaiting the certification and delivery of the Boeing 737 MAX 7 as a replacement for its aging 737-700s, might have an unorthodox alternative:… Read More

Pontifications: Tombstone mentalities and Fantasy Land

By Scott Hamilton Analysis April 30, 2024, © Leeham News: David Calhoun, the CEO of The Boeing Co., put this right at the top of an employee message and the 1Q2024 earnings call last Wednesday: “Since Jan. 5,… Read More

Boeing Financial Analysis – Inventory Q1 2024

Subscription Required By the Leeham News team April 29, 2024, © Leeham News: The Boeing Co (BA) released its financial results on April 24 for the first quarter of this year. BA relies heavily on Program Accounting to… Read More

Boeing CEO promises company is turning around…again

By the Leeham News Team April 24, 2024, © Leeham News: Boeing burned about $3.9B in free cash and posted a loss of $1.13 per share during the first quarter, the company reported on Wednesday. It also reported… Read More

Better transparency needed on Boeing’s 1Q earnings call

Subscription Required By Scott Hamilton Analysis April 22, 2024, © Leeham News: Boeing reports its first quarter financing results on Wednesday. It’s not going to be pretty. But how “transparent” will CEO David Calhoun and CFO Brian West… Read More

Boeing unlikely to meet FAA’s 90-day deadline for new safety program

By Scott Hamilton April 18, 2024, © Leeham News: Boeing appears unlikely to meet a 90-day deadline to submit a comprehensive plan to address safety concerns, insiders tell LNA. The Federal Aviation Administration (FAA) on Feb. 28 gave… Read More

“If something requires us to cease production, we will do that:” FAA

By the Leeham News Team March 13, 2024, © Leeham News: The Federal Aviation Administration (FAA) is considering whether to suspend the Production Certificate of Boeing Commercial Airplanes (BCA) if it’s not satisfied changes to its safety culture… Read More

Boeing’s program accounting reduce future profits

Subscription required By Bjorn Fehrm February 29, 2024, © Leeham News: Boeing published the results for 2023 on the 1st of February. It reported a loss of $2.2bn, compared with a loss of $5.0bn for 2022. Experienced industry… Read More

Safran overcomes supply chain woes as revenues soar

By Tom Batchelor February 15, 2024, © Leeham News: French engine, equipment and interiors specialist Safran said revenues soared by more than a fifth in 2023 despite a “challenging supply chain environment” and inflationary pressures. Announcing the company’s… Read More