Restarting credit markets

Subscription Required By Vincent Valery Introduction   April 13, 2020, © Leeham News: Companies across the globe moved quickly to draw down credit facilities or arrange new debt to get through the economic disasters brought on by COVID-19, the… Read More

Pontifications: Airlines, OEMs step up in virus crisis

April 13, 2020, © Leeham News: There are plenty of stories and photos floating around the Internet about airlines flying empty or nearly so. Schedules have been pared back up to 95% across the globe. Spot-check Flightradar24 at… Read More

Is COVID-19 a Force Majeure event?

Editor’s Note: Airbus, Boeing and Embraer and other OEMs face requests for deferrals and perhaps cancellations of orders as a result of COVID-19. In addition, Boeing now faces cancellation requests for the 737 MAX grounding, now in its… Read More

Can a passenger airliner run as a freighter with today’s tariffs? Part 2.

By Bjorn Fehrm Subscription Required Introduction April 9, 2020, © Leeham News: Monday, we started looking at using a passenger airliner as a freighter, now that passenger aircraft are grounded in many countries because of COVID-19 lockdowns. We… Read More

Congressional delegation urges Boeing to take federal funding

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

HOTR: American sees virtually no travel for up to 7 months

By the Leeham News staff April 7, 2020, © Leeham News: “Nobody’s traveling in the next 30 or 60 days,” said Vasu Raja, American Airlines Group Inc.’s senior vice president for network strategy. “But nobody is really making… Read More

Engine maker, lessor see Boeing’s next airplane as a single-aisle design

Subscription Required Now open to all readers. By Scott Hamilton April 2, 2020, © Leeham News: Boeing’s New Midmarket Airplane, or a new concept, is the last thing on the plate right now. But Boeing’s future product strategy… Read More

Pontifications: Critical step in Boeing MAX recertification target: May

March 30, 2020, © Leeham News: Barring further issues, the FAA Type Inspection Authorization for the MAX is targeted for the second half of May, LNA learned. This is a critical step in recertifying the airplane. Also barring more… Read More

The meaning and consequences of frozen credit markets

Subscription Required By Vincent Valery Introduction   March 26, 2020, © Leeham News: Credit markets are effectively frozen for many businesses, Boeing said this week. That’s why the company asked Congress for $60bn in federal aid for itself and… Read More

HOTR: Boeing has options to federal bailout, CEO says

By the Leeham News Staff March 25, 2020: First, Boeing CEO David Calhoun said he wasn’t an insider (after 10 years on the Board of Directors, and as lead director for many of them). No, he merely had… Read More