The latest political set up, as well as the pandemic that has restricted most life aspects, are serious concerns for any business owner. Many companies face the challenge of adapting their business strategies so that they can function in the new context.
Boeing Co. is a client of Russia's VSMPO-AVISMA for supplies of titanium, a light but strong metal that is widely used in plane production.
Being dependent mostly on Russian titanium supplies, Boeing Co. might face some metal supply problems due to the tense situation between Russia and Ukraine.
Recently, Russia has dispatched more than 100,000 troops near Ukraine's border, with demands for a new security system in Europe, causing U.S. and European officials to threaten with sanctions in case of invasion.
According to Stan Deal, the head of Boeing Commercial Airplanes, the company has diversified its titanium supply chains since 2014. The reason for this was the Crimea's annexation from Ukraine. As a result, Russia was sanctioned, so Boeing Co. considered diversifying the supply of the metal to avoid possible supply disruptions.
"We've got a very diverse titanium supply now. I will tell you that diversity gives us an opportunity to work through any disruption in the supply chain relative to titanium.", he said.
The problem with titanium supply doesn't bother the plane makers since there are fewer planes being assembled as a result of the coronavirus pandemic. And it allows them to stockpile titanium.
Besides, they decided to reduce 787 wide-body planes production and pause deliveries due to manufacturing defects and the repair necessity. There is no timeframe for resuming deliveries at the moment.
Deal also said that Boeing has been gradually increasing production of narrow-body planes with market conditions improving after pandemic lows. This process requires a great caution and awareness of any possible problems in the supply chain.
"I continue to watch casting, forging, those areas," he said. "We're also watching the human capital side of the equation."
Deal noted that there were first signs of market revival in the Asia-Pacific region, where international passenger traffic during 2021 was 93% lower than that in 2019 due to border closures, but freight revenues kept airlines on track.
The head of Boeing Commercial Airplanes is already looking forward to engagement with customers in this region.
IBM 的股價持續攀升,技術圖表信號顯示其可能朝向 $265.90 水平發展。受到公司強勁表現和利好的技術背景的支持,投資者對該公司股票表現出興趣。
由於突破關鍵技術水平,Citigroup的股價正在穩步上漲,顯示有繼續上升的潛力。在金融行業出現穩定跡象的情況下,市場參與者認為該銀行的股票具有吸引力。
由於市場對華盛頓與北京貿易談判可能取得進展抱有樂觀情緒,美國股票指數正持續上升。投資者寄望最終達成協議,這可能緩解地緣政治緊張局勢,並為市場注入新的動力。
週二全球股市下跌,追蹤世界股票的 MSCI 指數出現下跌。主要原因是投資者對持續的美國貿易談判感到失望,並期待美聯儲的信號。
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