Seven-week strike at Boeing finally ends
The seven-week strike at Boeing, that has exacerbated its already challenging production schedules, has finally ...
DAC: REACTIONDAC: EARNINGS MISSHD: SOLID WTC: BACK UPGM: BEAUTIFUL HIGHSXPO: STELLARHD: ON THE RADARTSLA: SELL-SIDE BOOSTTSLA: EUPHORIADAC: HEALTH CHECKDHL: GREEN DEALBA: ASSET DIVESTMENTRXO: ONE OBVIOUS WINNER DHL: UBS TAKEDHL: DOWNBEAT
DAC: REACTIONDAC: EARNINGS MISSHD: SOLID WTC: BACK UPGM: BEAUTIFUL HIGHSXPO: STELLARHD: ON THE RADARTSLA: SELL-SIDE BOOSTTSLA: EUPHORIADAC: HEALTH CHECKDHL: GREEN DEALBA: ASSET DIVESTMENTRXO: ONE OBVIOUS WINNER DHL: UBS TAKEDHL: DOWNBEAT
Bloomberg has reported that Boeing, quietly, is ending its 747 production programme, but has yet to tell employees. The manufacturer makes half a 747 each month – and the last will come off the production line in about two years. It comes as part of an industry-wide strategy to use smaller aircraft, mirroring the retirement by many carriers of the huge A380. But the move to end production will come as a blow to the cargo industry, which continues to like the nose-loading aircraft – all remaining orders are now for the freighter version. The article also notes that UPS was one of the customers that picked up one of Volga-Dnepr’s rejected aircraft, in time for the peak season. An interesting read. (Bloomberg allows three free articles per month, so you may need a subscription to read this)
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