MNI BRIEF: US Budget Deficit $367B In Nov; FYTD Record $624B

MNI BRIEF: Former BOC Dep Beaudry Sees 2.75%-3% Rate In 2025

BOC WILL BE CONSDIERING FURTHER RATE CUTS

MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: US NOV TREASURY BUDGET -$366.8B

EZ/UK Bond Supply Calendar: BTP Auction on Thursday

US EIA: CRUDE OIL STOCKS EX SPR -1.42M TO 422.0M DEC 06 WK

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Tui Comments On Jet Deliveries Could Be Airbus Positive

CAPITAL GOODS

Boeing (BA US) (Baa2 S, BBB- S, BBB- Pos); Tui mgmt on wires indicating MAX10 deliveries to be delayed “another 12-18 months”. Could be minor Airbus positive.


  • We wrote on Monday about Boeing delivery delays and that these could encompass around 50 of the best-selling narrow-body jets. Boeing is already subject to a regulatory production cap so its ability to ameliorate is very limited.
  • United CEO was clear on pessimism around Boeing "We’re at least going to build a plan that doesn’t have the Max 10 in it.” (CNBC 24th Jan).
  • Any shift in order flow towards Airbus (AIR FP) (A2, A; Stable) would be positive but likely a slow-burn impact as Boeing likely begins discounting and Airbus may struggle to step-change production levels of its A320 family.
Credit BulletsBoeing Market NewsBulletHomepagemarkets-real-timeCredit
Credit BulletsBoeing Market NewsBulletHomepagemarkets-real-timeCredit

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.