Congressional delegation urges Boeing to take federal funding

April 7, 2020, (c) Leeham News: The Democratic members of the Washington State Congressional delegation urged Boeing CEO David Calhoun to take federal emergency funding to protect employee wages. The Republican members did not sign the letter. Calhoun… Read More

HOTR: American sees virtually no travel for up to 7 months

By the Leeham News staff April 7, 2020, © Leeham News: “Nobody’s traveling in the next 30 or 60 days,” said Vasu Raja, American Airlines Group Inc.’s senior vice president for network strategy. “But nobody is really making… Read More

Engine maker, lessor see Boeing’s next airplane as a single-aisle design

Subscription Required Now open to all readers. By Scott Hamilton April 2, 2020, © Leeham News: Boeing’s New Midmarket Airplane, or a new concept, is the last thing on the plate right now. But Boeing’s future product strategy… Read More

Pontifications: Critical step in Boeing MAX recertification target: May

March 30, 2020, © Leeham News: Barring further issues, the FAA Type Inspection Authorization for the MAX is targeted for the second half of May, LNA learned. This is a critical step in recertifying the airplane. Also barring more… Read More

The meaning and consequences of frozen credit markets

Subscription Required By Vincent Valery Introduction   March 26, 2020, © Leeham News: Credit markets are effectively frozen for many businesses, Boeing said this week. That’s why the company asked Congress for $60bn in federal aid for itself and… Read More

HOTR: Boeing has options to federal bailout, CEO says

By the Leeham News Staff March 25, 2020: First, Boeing CEO David Calhoun said he wasn’t an insider (after 10 years on the Board of Directors, and as lead director for many of them). No, he merely had… Read More

Boeing has $15bn in liquidity and can survive in short term; credit markets need to reopen

By Scott Hamilton March 24, 2020, © Leeham News: Boeing CEO David Calhoun said the company has $15bn in liquidity and can survive in the short term, but federal aid is needed as long as the credit markets… Read More

Boeing suspends production of wide-bodies

March 23, 2020, (c) Leeham News: Boeing today announced it will suspend production of its wide-bodies for 14 days, beginning Wednesday. Production slowdown begins today. The move is in response to the COVID-19 crisis. Boeing is the last… Read More

Airbus expands virus precautions across production lines, company

By Scott Hamilton March 23, 2022, (c) Leeham News: Airbus is working to make its production lines safe, but will have lower rates than before the coronavirus pandemic caused lockdowns in France and Spain, the CEO said today…. Read More

Coronavirus upends Airbus, Embraer in addition to Boeing woes

Subscription Required By Scott Hamilton Introduction March 23, 2020, © Leeham News: The dramatically and continuously worsening impact of coronavirus worldwide is upending Boeing—more than it has been—and Airbus. Boeing is considering shutting the wide-body production lines, The… Read More