FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid
S&P, which downgraded its rating to ‘BBB-/A-3’ from ‘BBB/A-2’, said it expects a significant decline in cash flow as Boeing tackles lower aircraft deliveries and aftermarket sales resulting from the impact of the coronavirus on air travel.
Good reason for the stock to be higher again tomorrow? What a joke the Fed markets have become.
Nice try. The coronavirus didn’t cause them to screw up the 737 Max and they don’t get to take COVID relief funds to cover for it.
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Adidas CEO doubles down on ecommerce as 70% of its global stores remain closed - Business InsiderAdidas plans to ramp up digital presence and reopen stores in the US by mid-May; currently, more than 70% of its global store base remains shut. I feel these big companies should have the resources to manage the necessary changes the global situation has forced on our way of life. Most retailers should already have 90% of it's business online and be running lean on overhead, anyway. We are a digital society who got tired of hiking thru malls. The consumer has changed the way we buy. After lockdown, we are going to be real lazy now...
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »
Boeing CEO Sees Years Of Recovery From Coronavirus Ahead For Aviation IndustryBoeing's CEO told shareholders in a virtual annual meeting on Monday that it may take several years for commercial airlines to recover from the huge drop-off caused by the coronavirus pandemic. Well Boeing really has no room to talk... Do we need to go down the 747 Max rabbit hole? You’d be experiencing years anyway recovering. While the rest of the airline industry was having their best several years on record, once the gaslighting is over w/ Covid it’ll bounce Poor babies. Translation: we have an excuse to jack up baggage fees again
مصدر: NPR - 🏆 96. / 63 اقرأ أكثر »