Boeing delays 777 deliveries and axes 767F production
As indicated in The Loadstar last week, problems at Boeing will mean freighter orders will go ...
WMT: POCKETING ON STRENGTHGXO: CUTTNG LOSSESAMZN: FRAUD INVESTIGATIONFDX: UNCHANGED PAYOUTHON: STEADY YIELDGXO: WORST PERFORMER WMT: NEW STUNNING RECORD KNIN: BOUNCING OFF MAERSK: STILL BEARISHKNX: YIELD BOOSTWTC: TURKISH CARGO WINGXO: HAMMEREDWMT: DEFENSIVEAAPL: AI DRIVE
WMT: POCKETING ON STRENGTHGXO: CUTTNG LOSSESAMZN: FRAUD INVESTIGATIONFDX: UNCHANGED PAYOUTHON: STEADY YIELDGXO: WORST PERFORMER WMT: NEW STUNNING RECORD KNIN: BOUNCING OFF MAERSK: STILL BEARISHKNX: YIELD BOOSTWTC: TURKISH CARGO WINGXO: HAMMEREDWMT: DEFENSIVEAAPL: AI DRIVE
This year’s Boeing’s market outlook release has been muted: normally it is accompanied by press briefings, research and fanfare. But, quietly released yesterday, it marks a decrease in previously bullish plans – albeit only a slight downward tick.
Boeing says the total market value of aircraft in the next 10 years will fall from its 2019 estimate of $8.7trn to $8.5trn, with widebodies most affected, down 10% from the previous year’s estimate. It says 75% of the total demand will be for single-aisle aircraft – with freighters accounting for just 2% of the total, or 930 aircraft.
In fact, the plane-maker believes the market for freighters will be 110 aircraft fewer than it estimated last year, perhaps surprisingly – although the conversion market could grow. FlightGlobal reports.
Maersk eyes 'cut and run' moves as port congestion brings delays
Metals tariff rocks auto industry, and Trump smiles on bribes in foreign deals
U-turn on de minimis ban, following 'processing issues', as trade war heats up
Blanked voyages fail to halt sliding spot rates, and March GRIs will be resisted
CBP won't be ready for flood of extra processing after de minimis pause
Near-shoring drives Mexican warehouse space to historic lows
Suez authority eyes swift return to canal, but it's 'safety first' for carriers
Comment on this article