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February 21, 2020
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Uber, Canada Goose, Hanesbrands & more

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CNBC – For more and to sign up click here Canada Goose (GOOS) – The outerwear maker reported better-than-expected profit and revenue for its fiscal third quarter, but also said the coronavirus outbreak is having a “material negative impact” during the current quarter. The company did add that no supply......
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Boeing ‘a big disappointment to me’ as 737 Max crisis grows

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CNBC – For more and to sign up click here President Donald Trump on Wednesday called Boeing a “big disappointment” after the manufacturer pushed back when it expects its beleaguered 737 Max to return to service after two fatal crashes. “Very disappointing company,” Trump told CNBC’s Joe Kernen in an......
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Boeing doesn’t expect regulators to sign off on 737 Max until mid-2020

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CNBC – For more and to sign up click here Boeing is telling airlines and suppliers that it doesn’t expect regulators to sign off on the 737 Max until the middle of 2020, months later than the manufacturer previously expected. The extended delay poses another headache for carriers who have......
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Boeing expected to take another big, ugly charge on 737 Max crisis

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CNBC – For more and to sign up click here A year ago, Boeing posted record revenues topping $100 billion with hopes of delivering a chart-topping number of airplanes in 2019, including hundreds of 737 Max jetliners. The news isn’t going to be so rosy on its fourth-quarter earnings call......
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Boeing’s new CEO greeted with downgrade warning, lawmaker criticism

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CNBC – For more and to sign up click here Dave Calhoun, Chairman of Boeing Adam Jeffery | CNBC Boeing’s new CEO Dave Calhoun had a challenging first day running the company — a debt downgrade warning and outcries from lawmakers over his potential bonus. The decade-long Boeing board member......
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Boeing reassigns thousands of 737 Max workers while supplier Spirit mulls layoffs

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CNBC – For more and to sign up click here A worker inspects a Boeing 737 MAX aircraft at Boeing’s Renton Factory on October 20, 2019 in Renton, Washington. Photo by Gary He/Getty Images Boeing told employees Monday that it will reassign about 3,000 workers who produce the 737 Max......
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Boeing to suppliers: No 737 Max parts for a month as crisis prompts production halt

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Boeing told suppliers to halt 737 Max parts for a month, starting in January, as it prepares to suspend production of the planes. Source link: Click here for more...
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United pulls 737 Max from its schedule until early June

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By pushing the return of the MAX into June, United raises the question of whether U.S. carriers will have the Max in their fleets by the start of the summer travel season, the busiest period of the year for airlines. Source link: Click here for more...

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