BOEING (BA) Company Report

Marathon closed MAST 2026-1, a $615 million securitization backed by 27 Airbus and Boeing narrowbody aircraft on operating leases.
Lessees span 15 countries, with exposures of 41% Europe, 29% Americas, 22% Asia-Pacific, and 8% MENA.
Portfolio has a weighted average aircraft age of 9.5 years and a remaining initial lease term of 5.8 years.
Senior tranche is rated A by Kroll and Fitch; Marathon retains all non-senior tranches.

12 hours ago

Press Release

Boeing subsidiary Aviation Capital Group posts record 2025 financial results

Earnings

Record annual revenue of $1.3 billion for the year ended December 31, 2025, the highest ever reported by ACG.
Pre-tax net income of $751 million, including a $551 million net benefit from insurance settlements; net income excluding insurance proceeds was $200 million, up 15% year-over-year.
Ended 2025 with $5.1 billion in available liquidity and reduced net debt-to-equity to 2.0x as of December 31, 2025.
Portfolio expanded by $1.6 billion, reaching 446 owned, managed and committed aircraft as of December 31, 2025.
Raised $3.6 billion in financing during 2025, including $1.55 billion of senior unsecured notes and increases to revolving credit facilities.

6 days ago

Press Release

Boeing announces order for up to 40 787 Dreamliner jets

New Projects/Investments

Sun PhuQuoc Airways has ordered up to 40 787-9 Dreamliner jets to establish its widebody fleet at Phu Quoc International Airport.
The 787-9 offers a range of 7,565 nautical miles, superior fuel efficiency and passenger comfort to support new long-haul international routes.
The order is the largest Boeing widebody deal in Vietnamese history, aligning with Sun Group’s “resort aviation” model and plans to grow to 100 aircraft by 2030.
Since 2011, the 787 family has launched over 535 nonstop routes and carried more than 1.2 billion passengers, underscoring its global connectivity role.

Feb 19, 2026, 2:00 AM

Press Release

Boeing finalizes 50-unit 737 MAX order with Vietnam Airlines

New Projects/Investments

Vietnam Airlines placed its first Boeing single-aisle order for 50 737 MAX 8 jets to expand its short- and medium-haul network amid rising travel demand.
The 737-8 offers up to 200 seats and a range of 3,500 nautical miles, supporting the carrier’s fleet modernization strategy.
Alongside its 17 existing 787 Dreamliners, the new 737 MAXs deliver a 20–25% fuel-use improvement over the aircraft they replace.
The agreement deepens Boeing’s presence in Vietnam’s commercial aviation sector as passenger traffic is projected to exceed 75 million annually over the next decade.

Feb 19, 2026, 1:40 AM

Press Release

Boeing: United removes A350 amid Rolls-Royce dispute

Legal Proceedings

United Airlines has removed the Airbus A350-900 from its near-term expected fleet deliveries in its 2025 10-K amid a legal dispute with Rolls-Royce over a 2010 engine purchase and maintenance agreement, seeking recovery of a $175 million commitment.
Rolls-Royce denies breaching the contract and asserts compliance, with both parties claiming the other owes money as legal proceedings continue.
United’s 45 contracted A350s—previously deferred (from 2022 to 2027)—are now slated to arrive only after 2027 with no set timetable.
CEO Scott Kirby had signaled that decisions on the A350 program would extend to around 2030 before the dispute emerged.

Feb 13, 2026, 7:59 AM

Bloomberg

Safran posts FY25 profit, upgrades FY28 outlook

Earnings

Dividends

Guidance Update

Safran reported 2025 revenue of €31.3 billion, recurring operating income up 26% to €5.2 billion, and adjusted net income of €3.17 billion, driven by robust aftermarket activity and higher LEAP engine deliveries.
Full-year net income (group share) was €7.18 billion versus a €667 million loss in 2024; EPS €17.17 compared to a loss per share of €1.60 the prior year.
Proposed €3.35 per-share dividend, a 16% increase versus the prior year, representing about a 40% payout ratio of adjusted net income.
FY26 guidance calls for mid-teens revenue growth, recurring operating income of €6.1–6.2 billion, and free cash flow of €4.4–4.6 billion; 2028 targets upgraded to €7.0–7.5 billion ROI and €21 billion cumulative free cash flow.

Feb 12, 2026, 5:36 PM

WSJ

Boeing plans 63-plane monthly 737 production

New Projects/Investments

Hiring

Boeing to add a new 737 final-assembly line at its Everett, Washington plant, with tooling installed in an existing widebody facility and the line expected online by mid-year.
Aims for a 15% output increase over the next 18 months, lifting monthly rates from the high-30s into the mid-40s and ultimately reaching 63 jets per month.
Hiring mechanics and engineers to support the ramp-up, which executives deem critical for Boeing’s financial turnaround and debt reduction.
CEO Kelly Ortberg is driving cultural and management changes, urging suppliers to align on quality and reliability as production scales.

Feb 10, 2026, 8:04 PM

Bloomberg

Boeing delivers 46 jets and logs 107 January orders

Boeing delivered 46 jets in January—its third-highest January on record—including 38 737 MAXs and 5 787 Dreamliners.
The company secured 107 new orders, with 4 cancellations yielding roughly 103 net orders, and ended the month with a backlog of about 6,196 aircraft.
Major agreements featured Delta’s purchase of 30 787-10s, alongside orders from Aviation Capital Group (50 737 MAXs), Air India (20 737 MAXs) and EVA Air (4 787s).
Boeing outpaced Airbus in January, surpassing Airbus’s 19 deliveries and 49 gross orders, and shipped 9 widebody jets.

Feb 10, 2026, 4:27 PM

Morningstar

Aeroméxico reports January 2026 traffic results

Demand Weakening

Guidance Update

Aeroméxico transported 2.053 million passengers in January, a 1.8% year-over-year decline, driven by a 4.2% drop in domestic traffic and a 2.7% rise in international traffic.
Total capacity (ASMs) fell 2.3% year-over-year, with domestic ASMs down 3.6% and international ASMs down 1.7%.
Demand (RPMs) grew 1.1%, as international RPMs rose 3.8% despite a 5.0% decrease in domestic RPMs.
Load factor improved by 2.9 percentage points to 87.0%, led by a 4.7 p.p. increase for international routes.
CEO Andrés Conesa said capacity is expected to resume growth in Q2 2026, underscoring a focus on sustainable, disciplined network management.

Feb 5, 2026, 10:02 PM

Press Release

Boeing signs Air Cambodia order for up to 20 737 MAX jets

New Projects/Investments

Boeing and Air Cambodia finalized a firm order of 10 737-8 jets with options for 10 more, marking the airline’s largest single-aisle purchase and first Boeing aircraft acquisition.
The 737-8 seats up to 178 passengers over a range of 3,500 nm and delivers 20% lower fuel use and emissions than the aircraft it replaces, aiding Air Cambodia’s regional growth.
Announced at the Singapore Airshow, the deal enables Air Cambodia to launch direct services across North and Southeast Asia while modernizing and expanding its fleet of six single-aisle and regional jets.
Boeing projects Southeast Asian carriers will need nearly 5,000 new airplanes over the next 20 years, with single-aisle jets comprising more than 80% of deliveries.