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Assume there are 75 planes that will not be delivered. At an average of $125m per plane, that’s $9B or 7% of their assets. They can simply payback that money wi
by o-__-o 7y ago
Assume there are 75 planes that will not be delivered. At an average of $125m per plane, that’s $9B or 7% of their assets. They can simply payback that money with all cash on hand and everyone is whole.
Boeing stock is down about 3% today which lines up with the numbers above. Boeing is not going anywhere. Maybe shave another 10% for them to remake the MAX (new 7x7) and fix their image problem and by mid decade no one will remember how to spell MCAS