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

Airbus boosts liquidity to €30bn with new credit line; suspends dividend

By Scott Hamilton March 22, 2020, (c) Leeham News (Seattle Time): Airbus today announced a new €15bn credit facility to boost liquidity during the COVID-19 virus crisis. In an early morning release March 23, Toulouse time, Airbus said… Read More

Boeing workers delay production over Covid-19 fears

By Bryan Corliss March 20, 2020, © Leeham News: Sources close to Boeing tell Leeham News & Analysis that Machinists Union members in Puget Sound have shut down production on several occasions this week over fears that the… Read More

Why bailouts make sense under these circumstances

By Scott Hamilton Commentary March 18, 2020, © Leeham News: The Federal government is preparing a bailout, said to be more than $1 trillion, to pump into the US economy. Airlines want $50bn. Boeing wants $60bn for the… Read More

US carriers not at imminent risk of bankruptcy despite potential shutdown

By Judson Rollins March 16, 2020, © Leeham News: Throughout Sunday afternoon and evening, reports – all unconfirmed – began to emerge in the US that as early as today, the Trump administration may announce a suspension of… Read More

Airlines seek rent relief as coronavirus impacts widen

By Scott Hamilton March 11, 2020, © Leeham News: Some airlines already are asking for rent relief as a result of widespread groundings of aircraft because of the coronavirus. BOC Aviation, Avolon and Air Lease Corp are just… Read More

European airline struggles add risk to 15% of Airbus, Boeing orders

By Judson Rollins Subscription Required Introduction Earlier this week, LNA examined the potential for a shakeout among European carriers as the coronavirus outbreak spreads to the continent. Five European countries now rank among the ten hardest hit –… Read More

Coronavirus dominates sideline talk at aviation conference

By Scott Hamilton March 2, 2020, © Leeham News, Austin (TX): The global impact of COVID-19, the coronavirus, was the dominant talk on the sidelines of an aviation conference here. Industry professionals predict the reduction in airline service… Read More