Monday, February 5, 2024

"Boeing in ‘last chance saloon’, warns Emirates boss" (BA)

 I'm guessing Sir Tim is a fan of Westerns. I wonder if he sees the Grand Tetons in this chart:

https://api.wsj.net/api/kaavio/charts/big.chart?nosettings=1&symb=BA&uf=0&type=2&size=2&sid=874&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=8&rand=2140890673&compidx=&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

BigCharts

From the BBC, February 5:

The boss of Emirates airline has warned Boeing is in the "last chance saloon", saying he had seen a "progressive decline" in its performance.

Boeing has come under scrutiny after a panel on a 737 Max 9 passenger jet blew off mid-air last month.

Emirates president Sir Tim Clark is a leading industry figure and the airline is a major Boeing customer.

He also told the Financial Times that Emirates would send its engineers to monitor Boeing's production lines.

In response to Sir Tim's remarks, Boeing pointed to comments its chief executive, Dave Calhoun, made last week, when he said: "We understand why [customers] are angry and we will work to earn their confidence."...

....MUCH MORE