Specialist
Former executive at The Boeing Co
Agenda
- Commercial aerospace recovery outlook and new aircraft order potential
- Competitive environment for Boeing (NYSE: BA) and Airbus (PAR: AIR) and market share drivers
- Remaining regulatory issues post-737 Max recertification
- Supply chain assessment and potential bottlenecks
Questions
1.
When might the commercial aerospace recovery happen regionally? Could you rank when you expect the different regions to recover?
2.
How has the international travel recovery evolved? Has it occurred as quickly as you would have thought? Have you been pushing out your expectations on when this recovery will take place?
3.
What do you make of the latest cuts by US carriers?
4.
United Airlines recently had the biggest order in its history. Do you think larger carriers are ready to start spending capital they’ve accumulated on new orders? Are they as emboldened to push back on price as Southwest and Ryanair have been?
5.
How is Boeing positioned for order growth in the US? Where is the market share going? What is driving it?
6.
What do you think of US-based start-up airlines such as Breeze and Avelo? Could they make material inroads in the market? How does Boeing deal with start-up airlines? Is that left to the leasing company?
7.
What would consolidation mean in Europe? What is the opportunity for Boeing there?
8.
How do you think Airbus is positioned and performing? Boeing had its issues with the 737 Max, but has Airbus taken advantage of this or has it been more status quo?
9.
How important is the NMA [New Midsize Airplane] for Boeing? Is it critical? Will it be a nice-to-have?
10.
What is your take on the manufacturing issues with the 787? Which problems are solvable, short term and long term?
11.
How can Boeing mend its relationship with the FAA [Federal Aviation Administration]? Is it simple or complicated? Will it just take time? If so, how long?
12.
Can Boeing get predictable results without further investment? The company is on precipice of returning to cash flow from operations. Where does it need to invest? Will the manufacturing side be OK?
13.
What is your confidence in Boeing’s supply chain? Other industries have struggled, particularly as the economy has reopened, and aerospace has its own unique challenges. Would you say the inventory levels are satisfactory and we don’t need to concern ourselves with that issue as much?
14.
Boeing will present its quarterly results in a few weeks. What are you monitoring for in that update? What questions do you want to hear Boeing answer?
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