About six months ago, Akcie Boeingu were trading at $ 107 per share. This was a significant increase after the 9-1-1 transaction, where shares were trading at $ 29 per share. Record sales, orders and profits were the main drivers of the rise in stock prices. Both Boeing and Airbus have developed next-generation airliners for the aviation industry. Airbus, a consortium of three government nations. Spain, France and Germany have opted for a much larger plan that can carry 700-800 passengers in a single flight. Boeing chose an airplane that was a bit smaller and more fuel efficient. A few years ago, Airbus significantly delayed production of its A380 super jumbo jet. It is clear that Boeing is now facing similar delays on a new airliner called the Boeing 787 Dreamliner. The news of the 787’s production delay had a major impact on Boeing’s share price. Boeing’s share price is currently trading at around $ 79 per share, down sharply from six months ago when it sold for $ 107 per share.
Why did production delays have a major impact on Boeing’s inventory? One of the main reasons is that Boeing will not deliver the planned quantity of 787s in 2008 and 2009. Boeing is also subject to penalties for failing to deliver the aircraft in accordance with the contract. There is also concern that delays will not only affect the delivery of non-787 aircraft, but will also be bottled for out-of-order work that the factory has moved. This also has a negative impact on revenue due to poor performance due to cost inefficiencies. Anyone familiar with Boeing knows the effects of production delays based on previous history. Finally, Boeing production will be significantly delayed until the first aircraft is delivered.
The amount of risk about how bad the production delay is really. Will the delay be pushed back continuously or will you stick to the revised recovery plan?
Currently, the fuselage section of the aircraft is being assembled and is in various stages of testing and certification. Six aircraft are manufactured by Boeing to meet the test requirements. Aircraft # 7 will be the first aircraft to be delivered to customers. Royal Air Maroc was the first airline to deliver the 787. The scheduled delivery was October 2008, but airlines are now considering the possibility of a one-year delay. Boeing has extended a lease agreement for 767 aircraft to compensate for Royal Air Maroc’s delivery delays. However, doing so could result in loss of profit and extension of the lease to the airline at no additional cost to compensate the airline waiting for the 787.
Boeing currently has 21 787s at various stages of production. Since the launch of the 787 in April 2004, Boeing has received solid orders for the 857787, worth about $ 150 billion. These orders were from about 60 different customers. The seriousness of production delays has already affected all Boeing shareholders in the short term. On the plus side, the basic technology used in the 787 remains reliable and effective. In early 2008, rumors spread that Boeing’s delivery schedule was delayed by a month to three months and that the first flight of the 787 Dreamliner would take place from August to mid-September 2008. Boeing approved the flight test aircraft in September 2007. The first flight was postponed until the end of the year due to so much work left. To date, Boeing has slid deliveries to the right on two other occasions. This uncertainty concerns investors and forces Boeing to consider whether there is a Boeing production delay.
Handle the recovery schedule. The Boeing 787 issue is not included in the design, as some would expect. Material selection and manufacturing techniques are still fundamentally solid and do not require major redesigns. However, we have found it much more difficult to oversee a global supply network that outsources an unprecedented amount of design and construction authority.