Leeham News and Analysis
There's more to real news than a news release.
Odds and Ends: AirAsiaX orders A333; WA and Airbus; Boeing names COO
AirAsiaX orders A330-300s: As forecast earlier this week, the budget carrier ordered 25 Airbus A330-300s. According to reports, AirAsiaX may not be done. Group CEO Tony Fernandes wants Airbus to develop an A330neo. Stay tuned. Washington State and… Read More
Boeing Board OKs $10bn stock buyback, 50% hike in dividends in move sure to anger IAM members (Updated)
Update, 10 pm PST: IAM 751 gave us its reaction; it’s at the bottom of this post. Original Post: At a time where feelings are running raw with IAM 751 members, the Boeing Board of Directors authorized a… Read More
In focus: the 777 Classic
This week we take a look at the Boeing 777 Classic primary and secondary markets as a follow-on to our report last week in advance of the A340 Summit hosted by Airbus, Rolls-Royce and CFM International with additional… Read More
IAM 751 issues analysis of Boeing contract offer
IAM 751 issued an analysis of Boeing’s most recent contract offer and of the contract that was rejected in a November 13 vote. 751’s president, Tom Wroblewski, accompanied the analysis with a message to members. This is below… Read More
IAM 751’s president issues message to members: here’s why you can’t vote
Update, 11 am PST: Boeing’s Doug Alder just sent us this statement: The union leadership rejected Boeing’s best and final counterproposal. Boeing did not withdraw its counterproposal, nor was there any need to do so, because the counterproposal was… Read More
Airbus to cut new airplane R&D, focus more on derivatives
Airbus is going to cut back its new airplane research and development spending and redirect efforts more toward derivative airplanes, EADS CEO Tom Enders told aerospace analysts at the EADS Global Investors Forum. Buried in a Bloomberg News… Read More
IAM, Boeing talks fail; 777X site selection evaluation continues; Update: Members to vote on deal
Update, 11:30pm PST: KIRO TV (CBS Seattle) quotes Boeing spokesman Doug Alder as saying the Boeing offer has not been withdrawn, contradicting the IAM 751’s understanding. Update, 9:10 PM PST: The Seattle Times reports the IAM 751 membership… Read More
Odds and Ends: Airbus’ 5th quarter; 777X RFP responses
Airbus’ 5th quarter: John Leahy, COO-Customers of Airbus, is so well known for announcing a whole bunch of orders at the company’s annual review press conference (January 13 this time) that Boeing dubbed it the “5th quarter,” and… Read More