Last quote by Greg Hayes
Greg Hayes quotes
Airlines aren't happy they are not getting the engines.
But it will literally take us another nine or 10 months to get caught back up.
We talk about always doing more with less. We announced last December we were going to do a billion and a half dollars of additional cost reduction that'll generate about $900 million in annual savings. I think that you saw some of the benefits of that in the second-quarter results.
We continue to focus on our key priorities. This includes achieving critical aerospace program milestones and successfully meeting the production ramp to support our large and growing order book. We now have orders for 8,200 Geared Turbofan engines, including announced and unannounced firm and option engines.
It just cannot happen. There's just no way to get it done.
If a deal materializes, regulatory delays "would ultimately destroy shareholder value.