Southwest, the “legacy LCC,” part 2: Bloated labor expense, difficult fleet strategy result in uncompetitive cost structure

Subscription Required By Judson Rollins Introduction May 20, 2024, © Leeham News: Southwest Airlines was founded on the principles of high employee productivity and low labor costs. But 53 years after beginning operations, its labor cost as a… Read More

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

Spirit Focused on Delivering On Time and At Quality

By Dan Catchpole Subscription Required Nov. 6, 2023, © Leeham News: Spirit Aerosystems’ new CEO Pat Shanahan’s focus right now is “to restore confidence in the company” with its biggest customers—Airbus and Boeing. During a Nov. 1st conference… Read More

Q3 Earnings: Hexcel’s Composites Rides The OEM Production Rate Ramp Up Wave, But Margins Pressures Persist

By Chris Sloan Oct. 25, 2023, © Leeham News  – Hexcel Corporation, a tier four carbon fiber supplier best known for its significant contributions to all-composite Boeing 787 and Airbus A350s, reported substantial overall Q3 revenues despite inflationary… Read More

HOTR: China-US relations continue to dive

By the Leeham News team Oct. 17, 2022, © Leeham News: The G-7 meeting among the leaders of world’s top countries is next month. There were hopes that the USA’s President Biden and China’s President Xi would meet… Read More

HOTR: Compensation wins Southwest order for MAX

By the Leeham News Team March 29, 2021, © Leeham News: Southwest Airlines today announced an order for 100 Boeing 737-7 MAXes. The order was expected. The carrier also considered the Airbus A220-300. But any prospect of diverging… Read More

Supply chain focus: Safran’ s first 2020 quarter

By Bjorn Fehrm May 5, 2020, ©. Leeham News: Next out in our COVID19 supply chain focus is Safran Group. Safran, together with GE Aviation, is the largest supplier of turbofan engines to the World’s airliners. Their success… Read More

Seattle Times, reporting team win Pulitzer Prize for Boeing 737 MAX coverage

May 5, 2020, © Leeham News: The Seattle Times and its reporting team won a Pulitzer Prize, it was announced yesterday, for its coverage of the Boeing 737 MAX crisis. The team is Dominic Gates, Steve Miletich, Mike… Read More

Pontifications: In chaos there is opportunity for Boeing during MAX grounding

Feb. 17, 2020, © Leeham News: Boeing executives said that while the 737 MAX production is suspended, efficiencies are being implemented on the assembly lines. At a Cowen & Co. conference last week, EVP and CFO Greg Smith… Read More

Boeing 737 MAX 2020-23 backlog will require to 2026 to deliver: analysis

Subscription Required Introduction By Scott Hamilton Feb. 14, 2020, © Leeham News: It will take Boeing years to deliver new production airplanes scheduled for delivery in 2020-2023 because the restart of the 737 MAX production will fall far… Read More