A good share of those planes may never return to service as airlines accelerate retirement of older aircraft, which will help plane makers down the line when demand returns, but that will only cushion the pain ahead so much.BarclaysWith international travel being hit hardest amid the pandemic, and expected to bounce back slower, many analysts believe demand forwill take the worst hit.
Many of the airlines with the fattest order books are Asian and Middle Eastern carriers that expanded rapidly over the last decade amid rising wealth in their home markets and low interest rates that greased plane sales.
Tech Wait, why would a company order a Boeing Max?
Boeing $BA should be removed from the Dow Index as soon as possible.
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WSJ News Exclusive | Boeing to Offer Early Retirement, Buyouts as Coronavirus Takes TollBoeing is expected to begin offering early retirement and buyout packages to its workforce as the plane comes to grips with the coronavirus pandemic’s toll on the global aviation industry. Retirement expectations: $400 stock Reality $100 stock. ouch. people got screwed by buybacks and greed So sad😢 Early retirement for the 737 NAX is what’s needed
Source: WSJ - 🏆 98. / 63 Read more »
Boeing to offer voluntary layoffs to employees to tide over coronavirus fallout -sourcesBoeing Co is set to offer buyout and early retirement packages to employees, two people familiar with the matter said on Wednesday, a bid to mitigate the financial fallout from the coronavirus pandemic.
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Boeing To Offer Workers Voluntary Layoffs And Early Retirement To Offset Coronavirus Impact - ReportBoeing, one of the world’s largest plane makers, is expected to make the announcement as early as Thursday, Reuters reports. God is taking care of you, even when it seems like your all alone; believe me, God is working hard behind the scenes of your life.
Source: Forbes - 🏆 394. / 53 Read more »
Boeing offers voluntary layoffs to employees amid coronavirus - Business InsiderThe coronavirus has shut down Boeing's factories and halted flights around the world just as the planemaker was recovering from its 737 Max scandal.
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Boeing Offers Workers Buyouts With Production Cuts Likely AheadBoeing will offer workers buyouts as it seeks to adjust to a future of lower demand for airliners, and signaled that layoffs could follow. Can grounded planes be used as fieldhospitals and can Boeing workers somehow support that new availability to help patients? Can the government help support this? Just an idea. 6 THINGS FOR HAPPY LIFE 1. Mind your own business 2. Focus on the good things in life 3. Complain less 4. Less argument 5. Surround yourself with positive and inspiring people 6. Smile more I bet there demand projects are off. I think there will be an uptick in demand as this makes people realize they wish they traveled more
Source: Forbes - 🏆 394. / 53 Read more »
Boeing to offer voluntary layoffs to employees to tide over coronavirus falloutBoeing Co Chief Executive Officer Dave Calhoun outlined a plan of voluntary layoffs for employees on Thursday, while warning that the coronavirus pandemic would have a lasting impact on the global aerospace industry. ⭕للمتواجـديـن 🔥 لزيادة متابعينك قم بالآتـي👇🏻 ➊ فولومـي folo9090 ™️ ➋ رتويـت 🔃 ➌ فولو للـي عمل رتويـت ☑️ ➍ فولو بـاك 🔙 ➎ تابـع من يتـابعنـي ✨ ➏ اللـي مايلتزم مايستفيـد ❌ How much 💰 💰is Boeing getting from the Stimulus package? He’s Extorting us - fire him - the last thing we need is more 737 MAX
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