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Boeing software program downside (NYSE: BA) The 737 Max and 787 Dreamliner plane described within the Leeham Information and Airfinance Journal report can’t be thought-about new, TD Cowen analysts mentioned in analysis observe.
“At this time’s article within the Leeham Information seems to be deceptive as a result of the software program difficulty it describes as ‘new’ has been recognized for over a 12 months and isn’t anticipated to trigger further delays to 737 Max or 787 deliveries,” Kai von Rumor, TD Cowen analyst. , says the message dated March 6.
“As cockpit software program can differ by operator, software program updates could also be required when delivered to a buyer who shouldn’t be the unique purchaser,” mentioned TD Cowen. “Boeing (BA) signifies that this difficulty has been recognized for over a 12 months, shouldn’t be new, was nicely understood in the course of the investor day, and won’t have any further influence on Boeing’s (BA) forecasted deliveries.”
