Investors looking for answers from Boeing first-quarter earnings on Wednesday were left with one big question: When will 737 Max deliveries resume?
The company's presentation to shareholders noted the commercial airplane business had $1 billion in increased costs due to the 737 production line. Boeing said"new guidance will be issued at a future date" because of"the uncertainty of timing and conditions" for when the 737 Max planes will return to flight.
While the commercial airplane business saw a 17% decline in earnings, the other two primary business lines for Boeing delivered solid performance.
FlexSharesETFs Boeing should be held criminally libel for the 737 max.
FlexSharesETFs Rod Rosenstein and Bill Barr know how to land one.
FlexSharesETFs Maybe prioritizing passenger safety over investor profit is what is needed. Whistleblowers say Boeing priorities have placed too much emphasis on deadlines and not enough on safety. Chilling.
FlexSharesETFs This is a plane which will get the nickname ‘crash cow.’
FlexSharesETFs Nothing wrong with the product. It’s these foreign countries that don’t require enough training hours to fly these planes. AA veteran pilot left AA to go fly private planes bc American pilots have been tasked with training these foreign pilots and he didn’t want to end up dead.
FlexSharesETFs Even once certified to return to service, airlines will be hard-pressed to get the flying public to book their passage on 737-Max 8. Even the DC-10 overcame its issues with great success. I don't see that happening here. The latter never sat grounded w/such uncertainty.
FlexSharesETFs So it’s not really a cash cow.
FlexSharesETFs Insurance?
FlexSharesETFs It was well known inside Boeing and within the airlines . You reap what you sow. They cut corners for profits now they’ve cut profits and killed people . Seems like the faa is needed badly as business can’t regulate themselves effectively .
FlexSharesETFs You finally found a victim you care about.
FlexSharesETFs Those poor investors, you’d hate to see anyone killed by this faulty product.
FlexSharesETFs F
FlexSharesETFs You know they will fix it, right?
FlexSharesETFs You misspelled Crash Cow.
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