CREDIT SUISSE belässt BOEING CO auf 'Outperform' (Seite 35) | Diskussion im Forum

[faultcode]

13.1.
Boeing's debt on review for downgrade by Moody's
https://www.marketwatch.com/story/boeings-debt-on-review-for…

Moody's Investors Service late Monday said it placed its debt ratings on Boeing Co. on review for downgrade, thanks to a likely "more costly and protracted recovery for Boeing to restore confidence with its various market constituents, and an ensuing period of heightened operational and financial risk, even if certification of the (737 Max) comes relatively near-term."

News last week that major Boeing supplier Spirit AeroSystems Holdings Inc. will lay off workers in connection with the Max grounding "was unexpected and is an example of the ongoing event risk weighing on (Boeing's) credit profile," Moody's said...

[pegasusorion]

Was hatte ich doch gleich noch zu Boeing und FAA geschrieben??? Fänst Du da 1 x an zu graben, dann findest Du Sachen die noch gar keiner verloren hat oder???

[faultcode]

Antwort auf Beitrag Nr.: 62.344.832 von coolrunning am 11.01.20 10:23:41

Being ist ein wichtiger Lieferant für das US-Militär. Das ist eine sichere Bank; selbst damals unter Obama.

Grob von mir geschätzt macht der MIL-Bereich 1/3 des Geschäftes aus (vor MAX-Desaster):

Zitat von faultcode: ...2018Q2, revenues -- also vor dem MAX-Desaster (*)
• Commercial Airplanes: USD14.0b = 58% (~)
• Defense, Space & Security: USD6.1b = 25%
• Global Services: USD4.1b (gemischt zivil + militärisch) = 17% => 8.5% + 8.5% (~) <meine willkürliche Annahme>
-------------------------------
= USD24.3b (Rundungseffekt)...

Hinzukommt, daß Boeing - noch - reichlich Cash und Zugang zu Cash hat. Viele Marktteilnehmer rechnen damit, daß Boeing diese Krise durchsteht:

...Boeing’s balance sheet is relatively strong, so the dividend doesn’t appear to be at risk.
...
What’s more, the company has significant cash resources. Boeing lists more than $20 billion in untapped credit revolvers—like a home equity line for corporations—and other financing commitments. (*)

--> nicht mal die Dividende sei gefährdet

(*) 6.1.2020
Boeing Might Tap Debt Markets Soon. Don’t Worry About the Dividend.
https://www.barrons.com/articles/boeing-dividend-debt-market…

[coolrunning]

Die Aktie bleibt für mich ein Rätsel....

Es gibt ständig Hiobsbotschaften und die Prozesslawine mit all den Schadenersatzforderungen ist noch gar nicht abzusehen.
Normalerweise halbiert sich in so einem Fall die Aktie - mindestens !
Hier schaue ich den 3- oder 1-Jahreschart an und sehe eher eine Seitwärtsbewegung

Entweder sind sehr viele Aktien in festen Händen oder bei Leuten mit stahlharten Nerven oder man schätzt die noch entstehenden Kosten als nicht so signifikant ein...

Echt merkwürdig.... aber ich fasse die Aktie sicher nicht vor 200 € an.

running

[faultcode]

Antwort auf Beitrag Nr.: 62.343.242 von faultcode am 10.01.20 23:10:19

...
Calhoun, formerly Boeing's chairman, will receive a base salary of $1.4 million a year. Calhoun will also be eligible to receive annual bonuses and stock options, including a bonus of about $7 million that hinges on the return to service of the 737 Max.
...
Former Boeing CEO loses bonus, severance; new CEO to earn $1.4 million/year
https://www.marketwatch.com/story/former-boeing-ceo-loses-bo…


--> gibt's - auch vor diesem Hintergrund - für Boeing eigentlich noch eine Alternative zur Wiedereinführung der 737 Max?

[faultcode]

Antwort auf Beitrag Nr.: 62.342.747 von faultcode am 10.01.20 22:01:54

10.1.
Boeing faces another million-dollar FAA fine over faulty 737 Max parts
https://www.marketwatch.com/story/boeing-faces-another-milli…

Federal regulators said late Friday they could slap a $5.4 million fine on Boeing Co. for allegedly installing "nonconforming" wing parts on some 737 Max jets and later presenting the planes as ready for certification.

The civil penalty would be in addition to a fine of $3.9 million proposed against Boeing in December for allegedly installing the same components on 133 of the company's 737 Next Generation jets, the Federal Aviation Administration said. The parts in question are slat tracks located on the edge of the 737 wings used to guide movement of panels known as slats. According to the FAA, "Boeing failed to adequately oversee its suppliers to ensure they complied with the company's quality assurance system," and the failure "resulted in the installation of slat tracks that were weakened by a condition known as hydrogen embrittlement that occurred during cadmium-titanium plating."

Boeing then submitted the jets for final certification after determining the parts could not be used because they had failed a strength test, the FAA said. The FAA said the parts were shipped to a third-tier supplier, Southwest United Industries, which shipped the parts to Spirit AeroSystems Holdings Inc., which then delivered the parts to Boeing....


..und dazu noch die Sache bei Spirit AeroSystems --> Entlassungen: https://www.marketwatch.com/story/boeing-737-max-major-suppl…

--> man entlässt auch nicht in den USA - und schon gar nicht bei der Quote z.Z. - wenn es in 2...3 Monaten wieder weitergeht


--> ich glaube ernsthaft, daß Boeing die Übersicht und Einsicht in ihre Lieferketten verloren hat. Nur gestört hat das halt niemanden bislang so richtig auf der Top-Etage.

[faultcode]

immerhin, man hinkt dem Heimatindex seit ~3 Monaten hinterher:


DJIA vs BA

[druidej]

Bezeichnend sind va. die Reaktionen auf die völlig korrekten Aussagen "designed by clowns who in turn are supervised" by monkeys":

Boeing, which also released the documents to the media, said Thursday that the communications "do not reflect the company we are and need to be, and they are completely unacceptable."
"We regret the content of these communications, and apologize to the [Federal Aviation Administration], Congress, our airline customers, and to the flying public for them," the company said.

https://edition.cnn.com/2020/01/09/business/boeing-documents…

The FAA said, however, that the messages do not raise new safety concerns although "the tone and content of some of the language contained in the documents is disappointing".

Es ist somit nach wie vor nicht erwünscht, die nackte Wahrheit zu sagen, weder bei Boeing noch bei der FAA. Und wenn jemand es doch tut, und auch nur intern, dann entschuldigt sich Boeing umfangreich bei allen möglichen Organisationen und Fluggästen. Nur nicht bei den toten Opfern oder ihren Familien, natürlich. Und die Affen sind lediglich leicht enttäuscht und dürften sich mit einer Banane von Boeing wie üblich zufrieden geben.

[faultcode]

10.1.
Boeing (BA) E-Mails Say 737 Max Airplane ‘Designed by Clowns’ - Bloomberg
https://uk.news.yahoo.com/boeing-releases-communications-737…

=>
...Boeing Co <BA.N> has released hundreds of internal messages that contained harshly critical comments about the development of the 737 MAX, including one that said the plane was "designed by clowns who in turn are supervised by monkeys".

The messages, disclosed on Thursday, show attempts to duck regulatory scrutiny with employees disparaging the plane, the company, the Federal Aviation Administration and foreign aviation regulators.

In an instant messaging exchange on Feb. 8, 2018 - when the plane was in the air and eight months before the first of two fatal crashes, an employee asks another: "Would you put your family on a MAX simulator trained aircraft? I wouldn't".

The second employee responds: "No".

The 737 MAX has been grounded since March after an Ethiopian Airlines flight nose-dived, just five months after similar Lion Air crash. The two disasters killed 346.

In particular, some of the communications reveal efforts by Boeing to avoid making pilot simulator training - an expensive and time-consuming process - a requirement for the 737 MAX.

The plane maker just this week changed tack, saying it would recommend pilots do simulator training before they resume flying the 737 MAX - a major shift from its longheld position that computer-based training was sufficient as the plane was similar to its predecessor, the 737 NG.

The release of the messages, which highlight an aggressive cost-cutting culture and disrespect towards the FAA, is set to deepen the crisis at Boeing which is struggling to get its best-selling plane back in the air and restore public confidence.

The FAA said, however, that the messages do not raise new safety concerns although "the tone and content of some of the language contained in the documents is disappointing".

Boeing said the communications "do not reflect the company we are and need to be, and they are completely unacceptable".
...

[abgemeldet-676286]

Im Iran nächste Boeing abgestürzt mit 180 Toten 😳