公司管理层变动 - 波音公司新任CEO Kelly Ortberg于2024年8月接替Dave Calhoun上任 [3] - 新任CEO拥有机械工程背景 强调公司文化变革和业务稳定 [10] - 前任CEO Dave Calhoun于2024年7月离职 称辞职决定完全出于个人意愿 [14][15] 公司经营状况 - 波音公司2024年第三季度净亏损61亿美元 上一季度亏损超过14亿美元 [24] - 公司股价今年下跌超过31% [21] - 新任CEO提出四部分转型计划 包括改善执行纪律和构建新未来 [20][25] 公司安全事件 - 2024年1月 阿拉斯加航空一架波音737 Max 9飞机发生舱门脱落事件 [6] - 事件引发美国联邦航空管理局 司法部和国家运输安全委员会调查 [7] - 2018年和2019年 波音737 Max 8机型发生两起空难 共造成346人死亡 [8] 行业评论 - 特斯拉和SpaceX CEO Elon Musk批评前任CEO缺乏航空工程背景 [4][13][16] - Musk认为新任CEO上任后 波音公司发展轨迹明显改善 [1][13] - 参议院小组报告指出 多名举报人对波音处理故障飞机部件的方式表示担忧 [18]

公司发展历程 - 2023年是联合发射联盟（ULA）历史上最糟糕的一年 [1] - 2015年SpaceX的Falcon 9火箭通过可重复使用技术降低成本，迅速取代ULA成为美国主要火箭发射商 [2] - ULA正在逐步淘汰Atlas V和Delta IV火箭，转而开发名为“Vulcan”的替代火箭，导致发射频率进一步下降 [2] - 2024年ULA开始为复兴奠定基础，Vulcan Centaur火箭在2024年初首次发射，但由于Blue Origin发动机问题、自身开发问题和COVID影响，发射推迟了四年 [3] - 2024年10月Vulcan Centaur火箭进行了第二次发射，旨在获得国家安全任务资格 [3] - 2023年ULA仅进行了三次发射 [17] 技术问题与挑战 - Vulcan火箭首次发射时，其中一个固体火箭助推器的喷嘴在空中脱落，该助推器由Northrop Grumman制造 [11] - 尽管Vulcan火箭成功发射并将有效载荷送入轨道，但助推器问题引发了外界对Boeing近期事故的担忧 [4] - 第二次发射后两个月，FAA仍未正式批准Vulcan进行下一次飞行，空军也未认证其执行国家安全任务 [12] 未来计划与目标 - ULA预计2025年将获得Vulcan火箭的官方认证，并计划在2025年进行20次发射，打破公司年度发射记录 [21] - ULA的目标是每年进行20至30次发射，其中约一半为政府任务，另一半为商业发射 [22] - ULA与亚马逊签订了47次发射合同，用于将Kuiper互联网卫星送入轨道，该合同将占ULA三年至四年的商业发射目标 [8] - ULA库存中有16枚Vulcan火箭，Blue Origin正在快速生产发动机，以支持每年26次Vulcan发射的频率 [7] - ULA CEO Tory Bruno表示，FAA不会要求进行额外测试或试飞，预计认证将在未来几个月内完成 [13] 市场竞争与挑战 - SpaceX的Falcon 9火箭成本更低，可能影响其他公司选择Vulcan火箭的意愿 [23] - ULA需要在2025年获得美国政府的支持，以实现其发射目标 [9] - 亚马逊的合同将为ULA提供至少三年的良好发展机会，但合同结束后能否维持发射频率仍不确定 [23] 历史背景 - ULA成立于2006年，由Boeing和Lockheed Martin的火箭业务合并而成，迅速主导了美国太空发射业务 [9] - 2009年ULA创下了16次发射的记录，但2010年SpaceX的Falcon 9火箭进入市场，改变了竞争格局 [9] - 2013年ULA的发射中没有商业发射，2014年14次发射中仅有一次为商业发射，占比7% [15]

公司表现 - 波音公司近期面临产品质量问题 例如2024年初一架飞机的面板在飞行中脱落 导致约170架波音737 Max 9飞机停飞 [1] - 波音公司近期未实现盈利 且公司罢工可能导致盈利能力进一步下降 [2] - 波音公司遭遇多起诉讼 美国联邦航空管理局调查发现其存在多项安全程序不足 高层管理人员变动频繁 财报表现令人失望 [5] 投资表现 - 过去五年 标普500指数几乎翻倍 年均涨幅约14.5% 相比之下 波音股票表现不佳 [2] - 若五年前投资1万美元于波音股票 现在价值约为5340美元 总跌幅近47% 年均跌幅约12% [6] 未来展望 - 波音公司可能因飞机交付延迟 NASA阿尔忒弥斯项目推迟 巨额债务负担以及罢工相关让步而盈利能力下降 [7] - 尽管波音股价下跌可能显得具有吸引力 但投资者需谨慎考虑其未来前景 [7]

United Airlines' share price has more than doubled in 2024, outperforming competitors.The airline benefits from its hub airport structure and has been smart with deploying capacity.Strong finances and planned share buybacks have also helped.United Airlines may be Boeing's biggest customer, but the two companies have had wildly different years.Advertisement A quality-control crisis and seven-week labor strike have led to layoffs, increased regulatory scrutiny, and — perhaps most problematically — production ...

Boeing (BA) closed at $177.69 in the latest trading session, marking a +0.19% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.73% for the day. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq increased by 0.98%.Shares of the airplane builder have appreciated by 18.8% over the course of the past month, outperforming the Aerospace sector's loss of 2.61% and the S&P 500's gain of 0.34%.Investors will be eagerly watching for the ...

Boeing's (BA 0.17%) announcement of a significant 737 MAX order from Pegasus Airlines is big news. It's a vote of confidence in the airplane and Boeing's ability to deliver it, and it helps highlight the bullish cash for the stock in 2025. Boeing has no easy or quick fixes, but most of its issues and solutions lie in its own hands, and the recent news supports the idea that a recovery is around the corner.Boeing's orders in 2024Pegasus made a firm order for 100 Boeing 737 MAX airplanes and can order a furth ...

In September, I covered Magellan Aerospace Corporation ( OTCPK:MALJF ) (TSX: MAL:CA ) with a buy rating. Since then, the stock has underperformed with a 3.6% decline in the stock price, while the S&P 500 (Dhierin runs the investing group The Aerospace Forum , whose goal is to discover investment opportunities in the aerospace, defense and airline industry. With a background in aerospace engineering, he provides analysis of a complex industry with significant growth prospects, and offers context to developme ...

With aging fleets pushing airlines to modernize, surging passenger demand, and optimistic financial guidance from carriers, the tailwinds for the US airline industry are undeniable, according to Frank Holmes, CEO of U.S. Global Investors (NASDAQ:GROW). In this edition of Frank Talk, Holmes explores the skies ahead and concludes they look increasingly bright for Boeing and the broader aviation sector. Airlines gear up for record 2025 as Boeing resumes 737 Max production The clouds hanging over Boeing’s opera ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.In a previous report, I discussed the capital raise that Boeing executed earlier this year. I consider that an essential part of the company’s turnaround. What I have yet to do is connect this to a stock price target. With the issuance ofDhierin ru ...

The Boeing Company (BA) recently clinched an order from Pegasus Airlines to deliver 100 of its 787-10 jets, with an additional opportunity for 100 jets. Pegasus Airlines aims to grow and modernize its single-aisle fleet. The order for 100 737-10 jets increases the total number of 737 MAX variants ordered to more than 1,200.Significance of 787 Max JetsThe 737-10 is the largest model in the 737 MAX family, capable of carrying up to 230 passengers and flying up to 3,100 nautical miles (5,740 km). It reduces fu ...