Boeing faces cash crunch due to undelivered 787 planes: Report
I thought you would be interested in this story I found on MSN: Boeing faces cash crunch due to undelivered 787 planes: Report http://a.msn.com/02/en-in/BB16V4wj?ocid=se
Boeing faces cash crunch due to undelivered 787 planes: Report
I thought you would be interested in this story I found on MSN: Boeing faces cash crunch due to undelivered 787 planes: Report http://a.msn.com/02/en-in/BB16V4wj?ocid=se
Via Bloomberg
Boeing’s ballooning 787 inventory and deferred production costs should come into sharper focus over the next two weeks as key customers like American Airlines Group Inc. and United Airlines Holdings Inc. report earnings, followed by the Chicago-based manufacturer on July 29.
For years after the 787 Dreamliner made its commercial debut in 2011, taped up aircraft awaiting retrofitted parts dotted Paine Field, adjacent to Boeing’s factory in Everett, Washington. For Sheth, there’s a sense of déjà vu to the growing glut.
“I have no doubt they are going to recover from that downturn,” Sheth said. “But at this point they’re probably going to have to cut production even lower because they can’t continue on this trajectory.”
Let's See
The $43b in stock buyback’s, A Ponzi scheme where Ponzi Loses This Time.
The KC-46 Tanker, a flying Boondoggle of a Molotov c–ktail deathtrap
The Starliner Boondoggle better known as the Boeing Death-Star
The Max fraud that backfired known as the MaxDeathTrap346
(Now Covid) Non Orders and Cancellations
Yep, it's the 787 that will be the last straw...
Yeah, we're broke
Cool story bro