By Scott Hamilton April 8, 2020, © Leeham News: Airbus today said it will cut production of the A320, A330, and A350 lines due to COVID-19. The new rates are: A320 to rate 40 per month (from 60-63);… Read More
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
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
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
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
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
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
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
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