In article <fmaaie9od35mqpp24mcsoeo3sclhviuk1n@4ax.com>, Futility Man says...
>
>On Tue, 09 Jul 2019 13:00:50 -0500, Mitchell Holman <noemail@verizont.net>
>wrote:
>
>> Billions in losses due to gross mismanagement
>>with no end in sight.
>>
>> Why the stockholders haven't hanged the entire
>>Board from the nearest lamposts is beyond me.
>
>Watch closely. The board is about to, if it hasn't already, give itself
>across-the-board bonuses in the tens of millions.
...hard to justify considering this....
Boeing set to lose title of world's biggest plane maker as deliveries fall 37
percent
https://www.nbcnews.com/business/business-news/boeing-set-lose-biggest-planemaker-title-deliveries-fall-37-percent-n1027896
Boeing is set to lose the title of world's biggest plane maker after reporting a
37 percent drop in deliveries for the first half of the year due to the
prolonged grounding of its Max jets.
Boeing deliveries lagged those of Airbus, which on Tuesday said it handed over
389 planes in the same period, up 28 percent from a year earlier.
The numbers indicate that Boeing's full-year deliveries are likely to fall
behind its European rival for the first time in eight years.
A new problem identified with the grounded Max jets last month has delayed the
aircraft's entry into service until at least the end of September, disrupting
schedules for airline operators and possibly adding to costs for Boeing.
To cope with the fallout after the grounding, Boeing has slowed production to 42
Max jets per month from 52 earlier, causing the planemaker to take a $1 billion
charge in the first quarter.
JPMorgan analyst Seth Seifman has speculated that the new delay could prompt
Boeing to consider another production cut and book an additional charge in the
second quarter, hurting 737 margins further.
Deliveries of the Max aircraft were stopped in March after an Ethiopian Airlines
crash killed all 157 people on board. Since then, Boeing has not reported any
new order for the Max planes.
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