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$BA plans to continue producing 747-8 aircraft at a rate of 0.5 per month and to not increase production rate to 1.0 per month in 2019. An after-tax charge of $814MM or $1.28 per share on the 747 program reflects a lower total of 747-8 Freighter aircraft to be produced in the program accounting quantity and lower revenue on future aircraft sales.
$AAL is getting stronger into Dec. after a strong Nov..!! I’m feeling confident about their 4Q revenue forecast for a margin rise.
$KO’s CEO Muhtar Kent to step down next year. COO James Quincey will take the helm in what is already a smooth sailing scenario. And as always, shares reflect by growing 2% after the market opened.