All articles tagged with #delivery delays
Super Micro Computer missed quarterly profit and revenue estimates due to delivery delays in AI deals and increased market competition, causing shares to fall over 9%. Despite this, the company raised its full-year revenue forecast to $36 billion, citing growth in data center demand and strategic collaborations with Nvidia.
Xiaomi has begun delivering its first electric SUV, the YU7, in 58 Chinese cities, with wait times extending up to 14 months due to production constraints, despite high initial demand with over 200,000 orders in the first three minutes.
Tesla has reportedly delayed Cybertruck deliveries without providing an official explanation, with some owners claiming that the delay is due to issues with the accelerator pedal. Reports suggest that the pedal may be prone to getting stuck, leading to safety concerns. While Tesla has not publicly addressed the situation, previous claims of its vehicles accelerating on their own have not been substantiated, with the National Highway Traffic Safety Administration attributing the issue to user error in a 2021 review.
United Airlines is asking pilots to take unpaid time off next month due to delayed aircraft deliveries from Boeing, impacting the airline's growth plans. The request comes after United had to pause pilot hiring this spring because of the late arrivals from Boeing. The airline was contracted to receive a certain number of Boeing 737 Max planes this year, but now expects fewer deliveries due to production issues. Boeing's CEO announced a leadership shake-up last week, but the company did not immediately comment on the situation.
Southwest Airlines is cutting capacity, re-optimizing flight schedules, and pausing hiring due to Boeing's delivery challenges, with the airplane maker reducing its expected delivery of Max 8s to Southwest. This is the second major U.S. carrier affected by Boeing's issues, with United Airlines also pausing pilot hiring due to certification and manufacturing delays. The FAA has increased oversight of Boeing and its supplier Spirit AeroSystems following an incident involving a Max 9 jet operated by Alaska Airlines, and multiple cases of non-compliance with manufacturing quality control requirements have been discovered.
Southwest Airlines is cutting its capacity plans and reevaluating its financial forecasts for 2024 due to delivery delays from Boeing, its sole supplier of airplanes. Boeing informed Southwest that it should expect 46 Boeing 737 Max 8 planes this year, down from the expected 79, leading to a reevaluation of full-year 2024 guidance. This is the latest sign of how Boeing's production problems are impacting its customers, with Southwest's shares down more than 5% in premarket trading and the airline reporting weaker-than-expected leisure bookings in the first quarter.
Ryanair's chief executive, Michael O'Leary, has warned of higher ticket prices this summer due to delayed delivery of Boeing planes, which will constrain passenger capacity. The airline expects up to 10% fare increases, with only 40-45 of the 57 ordered Boeing 737 Max 8200's likely to arrive in time. This situation is exacerbated by concerns about Boeing's quality control and production speed, as well as issues with Pratt & Whitney engines affecting other carriers. O'Leary criticized Boeing's management and called for better oversight, while Boeing expressed regret over the impact on Ryanair and is working to address their concerns.
Lockheed Martin's production of the latest upgraded F-35 Joint Strike Fighters, featuring Technology Refresh 3 (TR-3) upgrades, is facing further delays, with deliveries not expected to resume until the third quarter of 2024. The TR-3 upgrades are necessary for preparing the F-35 for a subsequent wave of enhancements known as Block 4. The delays have resulted in a $400 million hit to Lockheed's sales, and the company is working to address software problems and integration challenges. The Pentagon and Lockheed are collaborating on a plan to accept undelivered jets before full TR-3 capabilities are validated, and the company is aiming to begin delivering TR-3 jets in the third quarter of 2024.
Boeing's plans to resume 737 MAX jet deliveries to China are facing further delays after the recent Alaska Airlines incident, impacting the company's potential gains from improved U.S.-China relations. China Southern Airlines, among the Chinese carriers awaiting MAX jet deliveries, is now planning additional safety inspections on the aircraft, despite them being a different variant from the one involved in the Alaska incident.
Amazon packages are overwhelming mail carriers in Minnesota, causing delays in delivering other mail. Postal workers have complained about the prioritization of Amazon packages over non-Amazon mail. The problems are particularly severe in Bemidji, Minnesota, where carriers held protests. The US Postal Service denies prioritizing Amazon packages, but mail carriers claim they are being forced to work long hours and that Amazon is their priority. US Senator Tina Smith has written a letter to the Postmaster General, blaming the service agreement with Amazon for interfering with timely deliveries. The situation has led to backed-up mail, stretched routes, and carriers quitting. The USPS reported a net loss of $6.5 billion in the last fiscal year.
Viewers have reported COVID-19 vaccine appointments being canceled by pharmacies due to high demand, insurance issues, and supply delays. Walgreens, CVS, Rite Aid, and Kinney Drugs were contacted for an update, with CVS and Kinney Drugs acknowledging delivery delays and rescheduling appointments as supply is received. Rite Aid mentioned improvements in vaccine supply and encouraged customers to check for available appointments.
Doctors recommend getting the newly updated COVID-19 vaccine as some people are becoming more susceptible to the virus, particularly the omicron variant. The current strain has mutated enough to be different from previous strains, making it harder for the body to recognize. The new vaccine is believed to reduce the risk of severe infection. However, there are delivery delays for the updated vaccine at CVS Health.
The iPhone 15 lineup has been spotted with larger batteries, with the iPhone 15 Pro Max having the biggest battery. Delivery delays for the iPhone 15 Pro models have been reported, indicating high demand. The leaked information reveals battery sizes for the new iPhones, but it remains unclear if these changes will significantly improve battery life. The new A17 Pro chip is expected to save battery life to some extent. The prices for the iPhone 15 series in India have also been revealed.
Southwest Airlines reported a larger-than-expected loss in Q1 and warned of higher costs due to delivery delays from Boeing, causing the airline's stock to fall.
The delivery of weapons to Ukraine, including Leopard 2 tanks, is delayed due to both objective and subjective difficulties, according to Ukrainian MP Rakhmanin. Some of the delivered weapons require restoration and repairs, while the technical conditions of others are not appropriate for battlefield use. Additionally, there are issues with depleted stocks of both Soviet-era and modern 155 mm munitions. The efforts of Ukrainian officials and Western partners are aimed at making the supplies as intensive and rhythmic as possible, but the dates for the delivery of weapons that were planned earlier will unfortunately not be met.