Boeing’s Recovery Is Going to Be More Gradual, Says Canaccord Genuity’s Herbert

The transcript discusses Boeing's financial outlook and CEO David Calhoun's approach during his first earnings call. It highlights investor expectations, Boeing's financial health, and the impact of the coronavirus outbreak on the aviation industry. Calhoun aims to establish credibility and transparency, while Boeing seeks additional funding to manage cash flow challenges. The recovery is expected to be gradual, with the coronavirus posing short-term risks.

What was the general sentiment of investors regarding Boeing's quarterly performance under the new CEO?

• High expectations for immediate improvement

• Low expectations with cautious optimism

• Expectations of significant losses

• Indifference to the new leadership

What approach did David Calhoun take during his first earnings day as CEO?

• He avoided discussing any negative news

• He promised rapid financial recovery

• He focused on establishing credibility and transparency

• He announced immediate layoffs

What financial strategy is Boeing pursuing to address its cash flow challenges?

• Issuing new stocks

• Applying for additional loans

• Selling off assets

• Cutting all non-essential programs

How does the coronavirus outbreak potentially impact Boeing and the aviation industry?

• It has no impact on the industry

• It causes a short-term drop in traffic

• It leads to permanent closure of airlines

• It results in immediate financial gains

What is Boeing's priority once they start delivering the 737 Max again?

• Launching new aircraft models

• Expanding into new markets

• Paying down debt

• Increasing employee salaries