Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "John Plueger"


3 mentions found


An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Calhoun told CNBC on Monday that the decision to retire was "100%" his own and that he would be involved in finding his successor. "We need someone to fix Boeing," one major airline executive, who wasn't authorized to speak to the media, told CNBC after Boeing announced the management shake-up Monday. "I want somebody who knows how to handle a big, long-cycled business like ours," Calhoun told CNBC in an interview Monday while announcing his departure. Four-year Boeing board member Steve Mollenkopf, an ex-Qualcomm CEO who will take over as independent chairman of the board, will lead the search.
Persons: Dave Calhoun, Max, Larry Kellner, Stan Deal, Calhoun, wasn't, John Plueger, It's, Steve Mollenkopf, Cowen, Cai von Rumohr, here's Organizations: Boeing, Max, Boeing Factory, Monday, CNBC, Air Force One, Alaska Airlines, Air Lease, Airbus, Financial, Qualcomm Locations: Renton , Washington, China
Air Lease logo is seen displayed in this illustration taken, May 4, 2022. The ongoing jet shortage has benefited lessors such as Air Lease, with the company reporting a third-quarter profit per share of $1.10, beating analysts' estimates of $1.03, according to LSEG data. "On the Airbus side, the situation with engine suppliers in Pratt & Whitney is not enabling Airbus to meet their fourth-quarter targets," Air Lease's Udvar-Hazy said. Air Lease also said it had two of its aircraft on lease to a customer in Israel. "We continue to monitor this region very closely with all of our airline lessees," Air Lease CEO John Plueger said.
Persons: Dado Ruvic, Steven Udvar, Pratt & Whitney, Pratt, RTX, John Plueger, Mehr Bedi, Abhijith, Devika Organizations: REUTERS, Air Lease, Boeing, Airbus, Air, planemaker Boeing, Reuters, Pratt &, Whitney, Lease, Thomson Locations: Israel, Bengaluru
The lessors took a hit of almost $10 billion when Russia barred airlines from returning planes hit by Western sanctions to their owners in the West. This has turned the spotlight on other risky markets, most prominently China and Taiwan, where some fear future conflict could cause a similar seizure on a much larger scale. When discussing the Russia losses, most executives speaking at the conference, also touched on China risks. Several executives said the loss of aircraft to Russia would simply feed into risk management models and encourage lessors to be careful about spreading their exposure rather than withdrawing from markets altogether. "Lessors aren't going to be able to abandon higher risk areas because that is what they do," he added.
Total: 3