All but 2 of the remaining July delivery 787's are in flight test, one is ready for delivery, one was delivered on 7/1 per the NYC787 site.
BA just reported the YTD delivery total of 381 planes.
They are more than half way to the high end goal of 755 planes delivered.
Deliveries in the second half of the year have historically exceeded the first half. Hopefully that trend continues.
Another issue is Puerto Rico, A lot of U.S. state mutual funds have Puerto Rico bonds in large numbers,
NY Times reported the following:
Puerto Rico is a small island with some big financial problems. Governor Alejandro Garcia Padilla recently told The New York Times that there was no way the island, which has been struggling with about $72 billion of debt, would be able to pay, and instead would try to work out new deals and deferred payments with some of its creditors. This, of course, has lead to fears that the commonwealth will default on its loans.
The admission that Puerto Rico’s finances are much worse than originally thought was spurred by a report commissioned by the Government Development Bank, an agency tasked with developing economic and financial strategies for the commonwealth, and conducted by current and former IMF staffers. The report, nicknamed The Krueger Plan for its lead author Anne Krueger, doesn’t mince words when it comes to the outlook for the debt-laden island: "Structural problems, economic shocks and weak public finances have yielded a decade of stagnation, outmigration and debt. Financial markets once looked past these realities but have since cut off the commonwealth from normal market access. A crisis looms.”
Following PM Alexis Tsipras recommendation, the greek citizens voted down a referendum to accept more austerity action. It reminds me of the South Par episode "Canada on strike" where Stephen Abootman
Totally screws up Canada. The big question is will the Greek citizens dump Tsipras when they wind up totally shafted by their vote.
Market will be instable this week. Euro is already falling,
Boeing is one of the major players in the aerospace and defense industry. The company’s defense business stands out among its peers by virtue of its broadly diversified programs, strong order bookings and order backlog. At the end of the first quarter of 2015, Boeing Defense, Space & Security (BDS) had a backlog of $60 Billion, 37% of which comprised orders from international clients. This shows that Boeing is witnessing strong demand for its defense products internationally as well.
STOCKHOLM--Swedish builder Skanska AB (SKA-B.SK) said Thursday it has signed a contract amendment to build The Boeing Company's Commercial Airplane Decorative Paint Facility in Charleston, South Carolina, in a deal worth $87 million.
CHICAGO, July 1, 2015 /PRNewswire/ -- The Boeing Company [NYSE: BA] will release its financial results for the second quarter of 2015 on Wednesday, July 22.
President and CEO Dennis Muilenburg; Executive Vice President, Business Development & Strategy and Chief Financial Officer Greg Smith; and Chairman Jim McNerney will discuss the results and company outlook during a conference call that day at 10:30 a.m. ET.
Banks are lending to airlines worldwide for aircraft purchases,
Aircraft manufacturers also provide company financing.
Wells Fargo analyst team says: We believe there are some investor concerns about the fate of the US Export-Import Bank (ExIm) and the potential effect the agency’s shutdown would have on new Boeing deliveries. In all, we do not expect any meaningful impact on deliveries given that: (1) Congress appears to be prepared to reauthorize ExIm in July; (2) there is abundant liquidity (bank debt + capital markets) for aircraft today; and (3) if necessary, Boeing can finance its own deliveries. As a result, we believe any ExIm-related pressure on the stock is unwarranted.
The Boeing Co., Seattle, Washington, is being awarded a not-to-exceed $358,938,513 modification to a previously awarded advance acquisition contract (N00019-14-C-0067) for the procurement of long-lead items for the manufacture and delivery of nine United States Navy Full-Rate Production Lot II P-8A aircraft, 16 USN FRP Lot III P-8A aircraft, and four Royal Australian Air Force FRP Lot III P-8A aircraft.
This brings the YTD BA contract awards to 5.3B dollars.
I realize you have a political agenda, but Republicans have not stopped the Ex-Im bank.
The vote to renew will occur after the recess thanks to 22 Republican votes to kill a proposal that tried to prevent the renewal from coming to the senate floor.
Count is now 57 planes delivered. Lots of planes delivered late Monday (PDT).
Thirty nine 737's, one 747, two 767's, eight 777's and seven 787's.
should see 4 more 787's delivered today.
Alexander (TN), Ayotte (NH), Blunt (Mo), Burr (NC), Coats (In), Cochran (Ms), Collins (Me), Ernst (Iowa), Graham (SC), Hatch Ut), Heller (Nv), Hoeven (ND), Johnson (Wi), Kirk (Illinois), McCain (AZ), Moran (Ks), Murkowski (Ak), Portman (Oh), Roberts (Ks), Rounds (SD), Scott (SC), Wicker (Ms)
-Boeing Co., Mesa, Arizona was awarded a $15,340,002 modification (0020) to contract W58RGZ-14-G-0005 for 1,060 Apache Weapons System main rotor strap pack assemblies. Work will be performed in Mesa, Arizona with an estimated completion date of Oct. 31, 2017
-The Boeing Co., Seattle, Washington, is being awarded $14,083,402 for cost-plus-fixed-fee delivery order 3060 against a previously issued basic ordering agreement (N00019-11-G-0001) for the development and definition of system requirements for the P-8A Multi-mission Maritime Aircraft Increment 3 Capabilities Integration System Requirements Review Systems Engineering Technical Review event.
WASHINGTON – Illinois' U.S. Senator Mark Kirk (R) won an effort on the U.S. Senate floor Wednesday to keep open the Export-Import Bank set to expire on June 30. A bipartisan, filibuster-proof majority voted 65-31 to back an amendment Senator Kirk offered to reform Ex-Im and extend its charter to 2019.