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Jan 16, 2024
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george ferguson of bloomberg intelligence joins us now for more.hen you look at how drastic the move is, how unprepared were investors for this, and what is the path forward? george: a lot of investors were inside spirit airlines for the potential buy by jetblue. the shares hadn't fully bridged the gap between what jetblue is offering as is typical. and it was pretty wide for a while. some people had jumped in i think on the thought that maybe the government had made a good enough case in the trial. our litigation team who followed the trial closely, thought the government did make the best case. clearly now the judge has gone for not allowing this merger which could put spirit -- spirit will have some very difficult days ahead. their segment of the market is very difficult -- photo low-cost carriers. everybody is extremely price conscious. when sliding them. frontier is their major competition. spirit is not profitable as of 3q. next year looks rough with shares potentially -- with fares potentially falling in the u.s. domestic market. so some pre
george ferguson of bloomberg intelligence joins us now for more.hen you look at how drastic the move is, how unprepared were investors for this, and what is the path forward? george: a lot of investors were inside spirit airlines for the potential buy by jetblue. the shares hadn't fully bridged the gap between what jetblue is offering as is typical. and it was pretty wide for a while. some people had jumped in i think on the thought that maybe the government had made a good enough case in the...
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Jan 8, 2024
01/24
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our senior analyst george ferguson is joining us now with some perspective.hankfully there were no fatalities or serious injuries. for investors, they now need to ask what happens next. how far does this spread beyond the fleet of jets in question? how do you think about that question? george: thanks for having me on. when we look at the video of the panel break away, it looked pretty clean. it looked to be right around where typically a spare door may go, an exit door in the airplane. so it feels to us like it was probably a fastener that either it was not fastened correctly or failed. and so i think if you are an investor and you are thinking about what this means for boeing, i think if you had more of a structural problem with the airplane you would be concerned that they would have to go through a series of faa examinations and perhaps rejiggering the airplane, which would take a considerable amount of time in my interrupt their -- and might interrupt their ability to deliver airplanes this year. but it looks like a manufacturing defect, and in that case
our senior analyst george ferguson is joining us now with some perspective.hankfully there were no fatalities or serious injuries. for investors, they now need to ask what happens next. how far does this spread beyond the fleet of jets in question? how do you think about that question? george: thanks for having me on. when we look at the video of the panel break away, it looked pretty clean. it looked to be right around where typically a spare door may go, an exit door in the airplane. so it...
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Jan 31, 2024
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paul: bloomberg intelligence senior aerospace analyst george ferguson there.ing up find out if japanese stocks have more room to run after a strong chair powell: i don't think it is likely the committee will reach a level of confidence i the march meeting to identify march as the time to do that but that is to be seen. when you sent me the message asking me about the near term, viewing that as march, i would say that is probably not the most likely case or what we would call the base case. >> the federal fund futures contracts one from pricing in more than 50% profitability of a rate cut in march 2 significant last. that was the big surprise. >> the big story. is it may, is it june? it's not march. they are pushing it back because they don't want to rush into a cutting cycle. the fed has won the battle on inflation. >> the fed thinks march will be too soon for them to see good evidence that inflation is showing good progress departed -- besides the good story we are seeing and also shifting to services. >> we can expect quantitative tightening probably around
paul: bloomberg intelligence senior aerospace analyst george ferguson there.ing up find out if japanese stocks have more room to run after a strong chair powell: i don't think it is likely the committee will reach a level of confidence i the march meeting to identify march as the time to do that but that is to be seen. when you sent me the message asking me about the near term, viewing that as march, i would say that is probably not the most likely case or what we would call the base case....
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Jan 8, 2024
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jonathan: george ferguson, thank you very much.ve you an update, spirit aerosystems, not to be confused with spirit airlines, is down by more than 18% in the premarket. boeing is down by more than 8%. lisa: that is really alarming. not as safe as it was pre-pandemic. that is not really comforting. i used to get very nervous before i flew as a little kid. and all the stories coming out now -- it is still very safe, you can fly -- they are coming out for a reason, given some of these accidents. tom: i got lucky. i was in the fancy seats one time -- jonathan: just once -- tom: and i turned around and looked back and there was a woman on the ceiling of the airplane. when i saw that, it was like, ok. jonathan: how many tangs in were you? [laughter] tom: i was deep in the tangs. i turned back and there was a woman on the ceiling. wear your seatbelt. jonathan: amazing. tom: wear your seatbelt is the answer. [laughter] lisa: please. jonathan: don't consume those beverages on the plane -- lisa: there was a woman on the ceiling. ♪ ♪ (captiva
jonathan: george ferguson, thank you very much.ve you an update, spirit aerosystems, not to be confused with spirit airlines, is down by more than 18% in the premarket. boeing is down by more than 8%. lisa: that is really alarming. not as safe as it was pre-pandemic. that is not really comforting. i used to get very nervous before i flew as a little kid. and all the stories coming out now -- it is still very safe, you can fly -- they are coming out for a reason, given some of these accidents....
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Jan 31, 2024
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jonathan: george, thank you. george ferguson of bloomberg intelligence.hot right now, under the spotlight. early tough times for that company. here is the latest. the forecast -- there isn't one. they have suspended their forecasts for 2024. fourth-quarter revenue, hardly talked about it. it is ok. the production rate for two planes, pausing the 737 production for one day to refocus on quality. the production rate had 38 per month. for the 787 the program production rate is now at five per month. based on what you have heard so far, lisa, questions on the conference call later? lisa: do you think that one day is sufficient to refocus on quality? what kind of message does that send? and, what do you think you personally got wrong that you personally would like to change, considering this has been an ongoing issue? jonathan: that stock is positive by .7%. elsewhere this morning, -- this morning. >> donald trump has expanded his lead of the in key swing states. the latest bloomberg morning console poll shows trump leading in all seven battleground states. th
jonathan: george, thank you. george ferguson of bloomberg intelligence.hot right now, under the spotlight. early tough times for that company. here is the latest. the forecast -- there isn't one. they have suspended their forecasts for 2024. fourth-quarter revenue, hardly talked about it. it is ok. the production rate for two planes, pausing the 737 production for one day to refocus on quality. the production rate had 38 per month. for the 787 the program production rate is now at five per...
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Jan 9, 2024
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tom: george ferguson was of immense value on this yesterday and what he was speculating about 24 hours ago. lisa: you don't want to hear the screws are loose on the plane you are about to get into. that is what they were saying, the screws were loose in certain places which is a big problem and a reason you are not seeing that rebound today. tom: if you are granting x number of planes -- grounding x number of planes, you don't call airbus and say -- jonathan: we're still waiting to see how broad this investigation is going to be. unsettling stories around that particular flight on friday. the maintenance checks that were supposed to take place, did it take place? lisa: can they just tighten the screws or do they have to do something else? tom: did you notice john and i, we are very machi -- matchy. lisa: i did notice that. i got an earful when i mentioned that. jonathan: i did not give you any or for. tk did. lisa: [laughter] jonathan: the s&p pulling back. just up a touch on the yields on the 10 year. the euro, -.1% at 1.0935. the data coming out of germany is not good. the overrelian
tom: george ferguson was of immense value on this yesterday and what he was speculating about 24 hours ago. lisa: you don't want to hear the screws are loose on the plane you are about to get into. that is what they were saying, the screws were loose in certain places which is a big problem and a reason you are not seeing that rebound today. tom: if you are granting x number of planes -- grounding x number of planes, you don't call airbus and say -- jonathan: we're still waiting to see how...
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Jan 12, 2024
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i'm gonna leave it up to a probe like george ferguson and steve tried to tell me, you will an airplaneeck every rivet? how does that work? jonathan: bowing down 2% premarket. coming up premarket data with ppi and mohamed el-erian is with us to close out this hour in the show. from new york city, this is bloomberg. ♪ ♪ ♪ ♪ ♪ ♪ ♪ - if i told you something extends your life span, improves your sleep, makes you more empathetic, and reduces stress and cognitive decline, you would think it was a miracle drug. but i'm talking about reading. reading every day does all those things and more, which is why i started my book club, read with jenna. so start a reading streak, even if it's just a few minutes every day, on the way to work, your lunch break, before you go to bed. every little bit helps. the more you know. we had cpi and we have ppi this morning. that data is about 20 seconds away. the futures on the s&p 500 look like this, at .27%. let's say good morning to michael mckee. mike: good news on inflation after higher cpi lower-than-expected ppi. down .1% with the forecast for a 10th gain a
i'm gonna leave it up to a probe like george ferguson and steve tried to tell me, you will an airplaneeck every rivet? how does that work? jonathan: bowing down 2% premarket. coming up premarket data with ppi and mohamed el-erian is with us to close out this hour in the show. from new york city, this is bloomberg. ♪ ♪ ♪ ♪ ♪ ♪ ♪ - if i told you something extends your life span, improves your sleep, makes you more empathetic, and reduces stress and cognitive decline, you would think...