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Boeing 737max

Boeing Burns Through A Record $4.7BN In Cash As Revenue Crashes 26%, Will Fire 10% Of Workers Boeing 737max

Boeing Burns Through A Record $4.7BN In Cash As Revenue Crashes 26%, Will Fire 10% Of Workers

The hits just keep on coming for Boeing which last quarter was slammed with the continued grounding of the 737 MAX and now had to contend with the collapse in airline travel due to the coronavirus. As a result, moments ago Boeing reported another dismal earnings report with the following…
bubmag
April 29, 2020
Airport Stuffed with Airliners Boeing 737max

Airport Stuffed with Airliners

Nowhere has received more airliners for storage during this crisis than Southern California Logistics Airport in Victorville, California. Gabriel Zeifman/PHOTO © 2020 PLANET LABS INC. ALL RIGHTS RESERVED. REPRINTED BY PERMISSION The Southern California Logistics Airport (VCV) in Victorville, California is an interesting aviation landmark, to say the least. It was…
bubmag
April 28, 2020
Southwest Reports First Loss In 11 Years, Are More Bumpy Skies Ahead? Boeing 737max

Southwest Reports First Loss In 11 Years, Are More Bumpy Skies Ahead?

Southwest Airlines reported a first-quarter loss of $94 million ($75 million excluding special items).  This is the first loss for the carrier since 2009 when the United States was recovering from the last recession that began in 2008.Southwest Boeing 737-800. Photo source: wikipedia.com.2020 Financial PerformanceSouthwest Airlines is one of the…
bubmag
April 28, 2020