10-26-2019, 05:09 PM
(10-26-2019, 12:53 AM)crimsonghost747 Wrote:One of the premier US companies. Their dirty laundry is under close examination for sure. Everyone believes they will get it all sorted out or the stock would be much lower. If the MAX issue is solved entirely with software the stock will run up long before the books ever look good again. They are bleeding some serious cash.(10-25-2019, 07:22 PM)fenders53 Wrote: Nothing wrong with the Airbus purchase. If the 737 Max doesn't certify soon they'll pick up some sales at some point.
The funny thing is, I'm not sure if new orders even matter. Their equivalent for the 737max, the A320Neo, is ridiculously overbooked. In september they pushed out 40 A320Neo aircraft to customers. Now I'm not sure if that is an average month or not, but if that is indeed the average (though I know they are looking at increasing it) then the backlog is over a decade long without a single new order. Not sure if that number includes the 100 planes Spirit ordered earlier this week. :p
I do agree with you guys about Boeing's price. It never came down to a reasonable level, even with all of the mistakes. It's not only the MCAS issues, it's the poor management of those issues, the recent issues with the FAA, the issues with parts of the plane (I think it was a different version of the 737) having some cracks etc.