Originally Posted by
pabely
MOL getting very vocal now about delays to Max deliveries, obviously directed at shareholders if earnings come in below estimates but must be another worry to add at the Boeing camp.
He was on the news again yesterday and was saying the usual "it's the Seattle management" and "I would buy airbus if they were cheaper"
He was saying that 90% of S24 is on sale, but the last 10% is not due to a lack of clarity of deliveries from now until end of April 24, the latest he is aware is 47 aircraft by the end of June, but has confirmed that the airline will not take any deliveries in July and August (I think they did take some this year just to get them flying quickly and boost the schedule)
The last of this MAX order is due the end of 2024 and the MAX 10 is not due until 27, meaning that they have very little need for cash, hence why dividends are being issued.
As always with MoL it can be difficult to know how much is for media soundbites and how much is true.