Buckingham lowers Boeing to Underperform (sell), others increasingly bearish

Update: 24/7 Wall Street just published this gloomy outlook about Boeing. Buckingham Research Group today lowered its call on The Boeing Co. from Neutral to Underperform, the equivalent of Hold to Sell. As far as we can tell,… Read More

777 production rate cut likely: Wells Fargo

Sam Pearlstein, the aerospace analyst at Wells Fargo, predicted a production rate cut today in a research note for the Boeing 777. An announcement could come as early as this year, he writes. Pearlstein, one of our favorite… Read More

EADS Investors Day–Analysts reports

EADS held an investors Day this week; here are takes from two who attended. Airbus presentations may be found here. Bernstein EADS is holding its annual Global Investor Forum. We describe key themes from Day 1, which focused… Read More

Odds and Ends: the cost of a 737-800; Planes take off despite ground mishap; ‘We know about this’

Boeing 737-800: Wells Fargo’s aerospace analyst team issued a note today that confirms its previous calculations that American Airlines is paying $40m-$41m for its 737-800s. Update, August 1: We received this note from Wells Fargo: What was confirmed… Read More

Wells Fargo estimates Southwest paid base price $34.7m for MAX

In a new research note issued today, Wells Fargo estimates that Southwest Airlines paid a based price of $34.7m each for the Boeing 737-8 MAX. The investment bank published the following table, followed by the text: Prior to… Read More

Odds and Ends: 737 cost (not price); Bob Crandall

737 Cost, Not Pricing: Wells Fargo has this item about what American Airlines actually paid for the Boeing 737-800, as opposed to the list price: more than a 50% discount from $84.4m. Note that AerCap (AER) appears to… Read More

Spirit, Airbus and Boeing: take-aways from analyst day

Spirit Aerosystems held an aerospace analyst day March 7 and several reports have already been issued. Given Spirit’s close association with Boeing 7-Series programs, we thought the following is useful information. Spirit is also a major supplier to… Read More

Strategically speaking, why American Airlines?

Update, 11:30am PDT July 25: The Ft. Worth Star-Telegram summarizes the delivery schedule of the huge AA order. Of particular note: AA doesn’t receive its first 737RE until 2018. This raises the question: is the EIS of the… Read More

Analyst takes on Boeing’s investors’ days

Here is what the analysts are saying about the Boeing investors’ days this week: From Wells Fargo: 787 and Ramp Up. Overall, we believe the biggest issues that investors have been trying better to understand are (1) the… Read More

Odds and Ends: $19bn cash turnaround for Boeing

We’re catching up from a week out of the office and one thing that especially caught our eye is this comment in a research note late last week from JP Morgan: Potential cash turnaround on 787 is enormous…. Read More