At Boeing and Airbus, Finished Airplanes Pile Up

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At Boeing and Airbus, Finished Airplanes Pile Up
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Analysts expect Boeing and Airbus to report they burned through billions of dollars in cash during the second quarter

Boeing Co. and Airbus SE are making planes that airlines aren’t collecting, straining their finances as the coronavirus pandemic wreaks havoc on travel and the aerospace industry.

Airlines in many cases say they don’t want the aircraft for now, because they are unable to fill them profitably during a historic plunge in demand for flying. Travel restrictions are also hindering employees of some airlines from getting to the U.S. and Europe to pick up planes from factories.

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