Boeing has $15bn in liquidity and can survive in short term; credit markets need to reopen

By Scott Hamilton March 24, 2020, © Leeham News: Boeing CEO David Calhoun said the company has $15bn in liquidity and can survive in the short term, but federal aid is needed as long as the credit markets… Read More

Boeing suspends production of wide-bodies

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

Airbus expands virus precautions across production lines, company

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

Coronavirus upends Airbus, Embraer in addition to Boeing woes

Subscription Required By Scott Hamilton Introduction March 23, 2020, © Leeham News: The dramatically and continuously worsening impact of coronavirus worldwide is upending Boeing—more than it has been—and Airbus. Boeing is considering shutting the wide-body production lines, The… Read More

Before handing $60bn to Boeing, consider this

By Scott Hamilton Commentary March 20, 2020, © Leeham News: Before the Trump Administration hands $60bn over to Boeing for its own purposes and to serve as a conduit to aid the supply chain, there are just one… Read More

Why bailouts make sense under these circumstances

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

Coronavirus impact to Boeing still unfolding

By Judson Rollins Subscription Required March 16, 2020, © Leeham News: Boeing stock sold off 28% last week on news that the company would draw down the remainder of a $13.8bn loan it arranged in February to cover… Read More

“We’re sick and tired of new technologies:” Avolon CEO

Subscription Required Introduction By Scott Hamilton March 16, 2020, © Leeham News: “I can tell you from our perspective, we’re kind of sick and tired of new, new technology. It’s not proven to be the home run.” This… Read More

Pontifications: What kind of aid could US airlines get?

March 16, 2020, © Leeham News: Airlines in Europe already asked governments for financial aid as coronavirus forces massive schedule cutbacks and in some cases, complete service suspension. In the US, talk of aid began in earnest last… Read More

Boeing down sharply second day in a row. Airbus stock in similar decline

By Scott Hamilton March 12, 2020, © Leeham News: Boeing stock is in another sharp decline today. Yesterday, the stock fell 18%, to close under $200 for the first time since May 2017. Today, the stock was off… Read More