Indian air cargo really flying, powered by a booming ecommerce market
Indian air cargo volumes are expected to quadruple over the next two decades, propelled by ...
F: MAKING MONEY IN CHINAMAERSK: THE DAY AFTERDHL: NEW DEALGXO: NEW PARTNERSHIPKNIN: MATCHING PREVIOUS LOWSEXPD: VALUE AND LEGAL RISKMAERSK: DOWN SHE GOESVW: PAY CUTFDX: INSIDER BUYXOM: THE PAIN IS FELTUPS: CLOSING DEALSGXO: LOOKING FOR VALUE
F: MAKING MONEY IN CHINAMAERSK: THE DAY AFTERDHL: NEW DEALGXO: NEW PARTNERSHIPKNIN: MATCHING PREVIOUS LOWSEXPD: VALUE AND LEGAL RISKMAERSK: DOWN SHE GOESVW: PAY CUTFDX: INSIDER BUYXOM: THE PAIN IS FELTUPS: CLOSING DEALSGXO: LOOKING FOR VALUE
Boeing’s struggles are beginning to hit its suppliers, with aerospace manufacturer Spirit – currently in the news for its Boeing whistleblower – announcing a massive staff lay-off as a consequence of the embattled plane-maker’s slowing delivery rates. CNBC reports that Spirit staff were told through a company memo that 400-450 would be handed their marching orders. Spirit, which supplies the fuselages for Boeing’s 737 Max, noted during its Q1 announcements that Boeing deliveries were down 31% year-on-year – with its overall deliveries down 11.3% over the three-month period. Given the hit in demand taken by the 737 Max took after a door panel blew out, it is perhaps none too surprising. But, having been spun off by Airbus’s biggest competitor in 2005, Spirit is now in talks to be bought back by Boeing.
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