Airlines are cautious with analysts weighing 737 Max capacity, cost hits
At least 2 airlines have pulled their forecasts as they assess the financial impact of last week’s grounding of the Boeing 737 Max jetliner after the second deadly crash of the plane model in 5 months. Analysts are expecting a short-term hit to flying capacity while Boeing resolves safety concerns and trains pilots. Yet the financial impact remains in question. “US airlines expect the Max grounding to be short-lived as schedule adjustments, when made, are short in duration,” Stifel analyst Joseph DeNardi wrote in a March 18 note. His expectation for available seat miles was unchanged from the prior week for Q1, and down 30 basis points for Q2 he said, suggesting a more limited impact than some had feared. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-03-19/general/airlines-are-cautious-with-analysts-weighing-737-max-capacity-cost-hits
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Airlines are cautious with analysts weighing 737 Max capacity, cost hits
At least 2 airlines have pulled their forecasts as they assess the financial impact of last week’s grounding of the Boeing 737 Max jetliner after the second deadly crash of the plane model in 5 months. Analysts are expecting a short-term hit to flying capacity while Boeing resolves safety concerns and trains pilots. Yet the financial impact remains in question. “US airlines expect the Max grounding to be short-lived as schedule adjustments, when made, are short in duration,” Stifel analyst Joseph DeNardi wrote in a March 18 note. His expectation for available seat miles was unchanged from the prior week for Q1, and down 30 basis points for Q2 he said, suggesting a more limited impact than some had feared. <br/>
