JBLU 3.14, -0.29, -8.4%) and Australia's Qantas Airways (AU:QAN: news, chart, profile) , are going a step further and deferring deliveries of orders placed years ago. _____ Beav management? Any comments???
that roughly 25% to 30% of the two manufacturers' books could be subject to what he called the "flake out factor" if oil prices don't relent.. __ WTH is a flake out factor?
The atmosphere will be a far cry from that of the 2007 Paris Air Show, when neither a severely overstretched supply chain
The industry is headed for a potential $60 billion operating loss in 2009 if oil prices remain at around $130 a barrel ___$130 for oil? We can only wish it was so cheap.
The spike in the oil price has claimed two dozen airlines since the start of the year
There will be a lot of worried faces walking around Farnborough on the commercial aerospace front
potential losses in the coming 12 to 24 months are likely to be worse than those sustained during the 1991-1992 recession or the period after 9/11.
The trend is not good news for the aircraft makers, which could see a "significant slowing in the order book," according to Goldman Sachs.
a worst-case scenario the company could see 27% of its backlog canceled or deferred.
the speed at which Boeing and Airbus accumulate new orders is broadly expected to slow
J.P. Morgan analysts predict that order intake will decline "precipitously" in 2008.