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Farming out all the software development to India seems to be working well, $9 an hour seemed like a bargain at the time.
https://www.bloomberg.com/news/artic...hour-engineers |
https://www.cnbc.com/2020/01/20/737-...n-or-more.html
Well this doesn’t sound good for a company that was formerly printing money, returning a ton via dividends, and buying back billions in stock. |
Originally Posted by jamesholzhauer
(Post 2960449)
https://www.cnbc.com/2020/01/20/737-...n-or-more.html
Well this doesn’t sound good for a company that was formerly printing money, returning a ton via dividends, and buying back billions in stock. They aren’t getting paid until they deliver the aircraft so having something like 400 airplanes sitting around they haven’t been paid for they are just setting up funds in case they’d like to draw on them as the time to set up that kind of resource is not at the moment you want it. Also, even if they have that cash already available they may prefer to draw it from lending resources than spend every liquid dollar they have. |
Boeing announced yesterday that the MAX will now not likely be flying till at least mid year. Which means that the MAX will be out of schedules at least till after summer.
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Originally Posted by Dave Fitzgerald
(Post 2961755)
Boeing announced yesterday that the MAX will now not likely be flying till at least mid year. Which means that the MAX will be out of schedules at least till after summer.
And an article about the fact that Boeing hasn't filed the WARN paperwork so they are not planing furloughs.. YET. But Spirit Aerospace has, and they say there are numerous smaller companies that will have to lay off too. What a mess. FS, FP & FtC Motch |
Originally Posted by horrido27
(Post 2961762)
Saw that too...
And an article about the fact that Boeing hasn't filed the WARN paperwork so they are not planing furloughs.. YET. But Spirit Aerospace has, and they say there are numerous smaller companies that will have to lay off too. What a mess. FS, FP & FtC Motch |
Originally Posted by MasterOfPuppets
(Post 2961769)
Hope these Junior 737 CAs didn’t take the bid thinking they were going to have a line......going to be a lot of people on reserve this summer.
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Originally Posted by Dave Fitzgerald
(Post 2961755)
Boeing announced yesterday that the MAX will now not likely be flying till at least mid year. Which means that the MAX will be out of schedules at least till after summer.
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Originally Posted by MasterOfPuppets
(Post 2961769)
Hope these Junior 737 CAs didn’t take the bid thinking they were going to have a line......going to be a lot of people on reserve this summer.
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Originally Posted by baseball
(Post 2961792)
I wonder if our pilots will sue like the SWA pilots did for damages? Clearly, the 737 pilot community has been economically effected.
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