https://airinsight.com/the-airbus-a321neo-hurdle-boeing-needs-to-leap/
A report from (TAC) >>>
https://theaircurrent.com/aircraft-development/all-new-boeing-jet-is-vaporware-but-5g-max-revamp-comes-to-light/
Rumors about a fifth generation 737 has the industry a buzz today
Boeing’s reaction to the rise of the A321 has been ponderous.
The Max-9 and Max-10 do not appear to have the payload or range to beat
the A321 neo/ LR and XLR. Airline and lessor interest is strongly in favor of
the A321 neo and its variants.
https://turningpointnews.org/phocadownload/Why%20Boeing%20is%20Going%20The%20Deadly%20Path%20from%20Blackmail%20to%20Bankruptcy.pdf
10 replies (most recent on top)
Boeing Dinged and Damaged Military Aircraft, Pentagon Complains
https://www.bnnbloomberg.ca/boeing-dinged-and-damaged-military-aircraft-pentagon-complains-1.1527186
The citation from Army Lieutenant General David Bassett,
Director of the Defense Contract Management Agency, cited
“Recent Negative Trends” in mishaps at Boeing’s facilities in Seattle,
San Antonio and Mesa, Arizona, “that far exceeds historical rates”
and are “not consistent with expected performance.”
Mishaps at Boeing facilities increased from 18% of those tracked by the
defense contracts agency for large aviation contractors in fiscal years 2017
and 2018 to 38% in 2019. As of June,
they stood at 50%, far exceeding “levels observed in other large DoD
aircraft contractors of similar scope over the same time period,”.
Solution, Buy Airbus
Airbus Turns Cash Positive as Boeing Keeps Flailing
https://www.fool.com/investing/2020/11/02/airbus-turns-cash-positive-as-boeing-keeps-flailin/
Aircraft deliveries rebound
The abrupt change in market conditions earlier this year led Airbus to build far
more jets in the first half of 2020 than its customers were willing to accept.
The company delivered 196 commercial jets in that six-month period:
down 50% year over year. As a result, by the end of June, it had about 145 completed jets that could not be delivered because of the pandemic sitting
in its inventory.
While Boeing does have a stronger defense business than Airbus,
investors' apparent preference for Boeing still doesn't make sense.
As of the end of September, Airbus had 7,441 commercial jet orders
in its backlog, compared to just 4,325 for Boeing.
This suggests that Airbus' current advantage over Boeing in terms of
earnings and cash flow could continue over the next five to 10 years.
They are robbing from Peter to pay Paul.
- Boeing Remains Ugly
https://seekingalpha.com/article/4382790-boeing-remains-ugly?utm_source=feed_articles_investing_ideas_all&utm_medium=referral
Oct. 30, 2020 9:30 AM ET
Can you say Bankruptcy!
@1egu+17F6tn8R great story.
Boeing is getting a credit card to pay off another credit card.
Sounds like they are taking lessons from the union folks.
Pretty soon you will be unemployed and won’t be able to get hired anywhere else because of Boeing’s Lazy B reputation. Enjoy those 5k every 2 weeks while they last
Still getting an average of 5k deposited into my bank account every two weeks :)
https://www.marketwatch.com/story/boeing-sees-roughly-12-billion-in-demand-for-new-debt-deal-despite-massive-cash-burn-11603999876?mod=markets
Published: Oct. 29, 2020 at 3:31 p.m. ET
Boeing sees roughly $12 billion in demand for new debt deal,
despite massive cash burn
Extra compensation offered when Boeing’s credit ratings fall into “junk” category
Boeing returned to the borrowing trough on Thursday with a four-part
bond deal, a day after reporting third-quarter results that weren’t as bad as
Wall Street feared though they highlighted the embattled aircraft maker’
significant cash burn.
Bankers and investors still need to haggle over the ultimate size and price
of Boeing’s new debt financing, but order books for the transaction already
have reached about $12 billion on what could end up being at least a $4 billion
pile of fresh corporate debt, according to an investor monitoring the transaction.
Boeing said in a public filing Thursday that it may use proceeds from the bond
sale to repay near-term debts.
The company had $3.6 billion of short term debt due, according to a report
from Credit Sights.
https://finance.yahoo.com/news/boeing-brings-bond-sale-heels-140501294.html
No one really wants to buy airplanes right now. There simply isn't any money for it.