Brian West News

19.03 / 18:15
COST Manufacturing Boeing Trade Experts cover Trump's tariffs could deal a blow to Boeing and the aerospace industry
But his tariffs could have the opposite effect on the company's suppliers. Trump has imposed a few tariffs so far, but he says more are coming in just a few weeks. That threat has unnerved the aerospace industry, of which Boeing is one of the largest companies. Duties on aluminum and steel, two of the most important raw materials used in aircraft, are expected to raise manufacturing costs. But the industry is far more concerned by tariffs that take effect on goods from Canada and Mexico next month, which could disrupt the highly integrated North American supply chain. «These tariffs are particularly fraught for an industry like aerospace that has been duty-free for decades,» said Bruce Hirsh, a trade policy expert at Capitol Counsel, a lobbying firm in Washington, which has aerospace clients. «Parts are coming from everywhere.» Many companies have been able to avoid costly cross-border tariffs under a short-term reprieve for products covered by a North American trade agreement that Trump negotiated in his first term. But that deal expires in April.
19.03 / 20:45
Progressive DOW Airlines Remark Boeing Trade performer Boeing shares jump following Japan Airlines orders, CFO says cash burn is improving
Japan Airlines on Wednesday. The airline plans to replace its older Boeing 767 aircraft with 11 new planes from Airbus.
17.09 / 11:27
UPS Boeing President performer travelers International Boeing says it's considering temporary layoffs to save cash during the strike by machinists
Boeing says it’s considering temporary layoffs to save cash during the strike by machinists
16.09 / 14:10
COST UPS FIVE Manufacturing CEO Boeing International Boeing machinist strike adds cash crunch to new CEO’s rescue mission
Subscribe to enjoy similar stories. A tough job just got much tougher for Boeing’s new CEO. When the jet maker’s largest union went on strike Friday, the walkout compounded the list of problems facing Kelly Ortberg, who took Boeing’s top job five weeks ago.
29.04 / 17:13
markets Citi JPMorgan Citigroup Boeing wellness Bill Boeing gets orders almost eight times its $10 billion bond sale
ALSO READ: Boeing plane makes emergency landing in New York after exit slide falls off The warm investor reception the deal is getting “may say more about strong demand for new issuance than the prospects for Boeing credit," said Bill Zox, a portfolio manager at Brandywine Global Investment Management. Moody’s also has the company’s outlook at negative, and all three of the graders now have Boeing at a step above high yield. Boeing Chief Financial Officer Brian West said last week during a conference call that he intends to protect the company’s investment-grade rating, and that the company still has access to $10 billion in untapped credit lines.
09.04 / 16:47
Reuters Digital Aviat Manufacturing Boeing wellness reports Boeing deliveries drop by half in March due to increased quality checks
Boeing said on Tuesday it had delivered 29 airplanes in March, down more than half from the 64 delivered in the same month a year ago, as 737 MAX production slipped on increased quality checks and audits by regulators. Boeing has said it is producing fewer MAX single-aisle jets to improve manufacturing quality after the Jan. 5 mid-air blowout of a door plug on a 737 MAX 9 jet brought the U.S. planemaker under increased scrutiny from regulators.
04.04 / 20:29
COST Gap Airlines Boeing cover travelers Boeing pays Alaska Airlines $160 million in compensation for the blowout of a panel during flight
Alaska Airlines says Boeing has paid $160 million in initial compensation for losses that the airline suffered after a panel blew off one of its Boeing 737 Max 9 jetliners in January
21.03 / 17:16
Manufacturing CEO Airlines Strategy Boeing Continental reports Major airlines want to hear how Boeing plans to fix problems in plane manufacturing
The heads of leading U.S. airlines want to meet with Boeing and hear the aircraft manufacturer’s strategy for fixing quality-control problems that have gained attention since a panel blew out of a jetliner in January
12.12 / 00:59
CEO Airlines Fallout Boeing President Inside 2020 Boeing promotes insider to chief operating officer, putting her in the discussion about the next CEO
Boeing is promoting a woman to one of its top jobs, putting her in the discussion about possible successors to current CEO David Calhoun
11.09 / 15:59
COST UPS CEO Boeing show Private Jets and Pop-Up Workspaces: Boeing Eases Return to Office for Top Brass
For Boeing’s senior executives, returning to the office has been a smooth flight. Chief Executive David Calhoun, who took over the company just before the pandemic, started working from home and then never made the move when Boeing shifted its headquarters from Chicago to Arlington, Va., last year. Instead, Calhoun travels via private jet from two homes, one a sprawling waterfront house at New Hampshire’s Lake Sunapee, the other in a gated South Carolina resort community.
07.09 / 17:39
Lowe's Target Aviat Boeing Low end Boeing 737 jetliner deliveries to be at low end of 2023 target, says CFO Brian West
Bloomberg. The delay in deliveries is most likely to create an issue for Indian aviation firms like Air India and Akasa Air which are waiting for plane deliveries. Chief Financial Officer Brian West said at an investor conference on Thursday that narrowbody handovers will be near the bottom of Boeing’s goal of shipping 400 to 450 of the popular 737 jets this year.
07.09 / 14:05
Target Boeing Discover Fastenal Boeing will meet 737 delivery goal despite new production problem -CFO
WASHINGTON (Reuters) — Boeing (NYSE:BA) is set to meet targets to deliver at least 400 narrowbody 737s this year, its chief financial officer said on Thursday, despite a recently discovered production flaw that has slowed deliveries of its bestselling 737 MAX.

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