Boeing's 737 MAX Lands 25-Jet Deal With SMBC Aviation
Portfolio Pulse from Nabaparna Bhattacharya
Boeing Company has received an order for 25 737 MAX jets from airplane lessor SMBC Aviation Capital. The financial terms were not disclosed. The order is for 737-8 jets, which reduces fuel use and emissions by up to 20%. Each airplane will save up to 8 million pounds of CO2 emissions annually compared to those airplanes it replaces. Boeing's 737 MAX jets are grappling with supplier-related issues with Spirit Aerosystems Holdings, Inc, which has called on Boeing to share a more significant portion of the financial strain brought about by inflation.
September 12, 2023 | 10:59 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Spirit Aerosystems is facing issues with Boeing, its customer, over the financial strain brought about by inflation.
Spirit Aerosystems is grappling with supplier-related issues with Boeing, which could potentially impact its revenues and profitability. The company has called on Boeing to share a more significant portion of the financial strain brought about by inflation, indicating potential financial stress.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Boeing received an order for 25 737 MAX jets from SMBC Aviation Capital. However, supplier-related issues with Spirit Aerosystems persist.
The new order from SMBC Aviation Capital is a positive development for Boeing, potentially boosting its revenues. However, ongoing supplier-related issues with Spirit Aerosystems could impact production and delivery timelines, which could negatively affect Boeing's financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100