Novocastrian

And I don't disagree with you, I was merely disturbed by your suggestion that Boeing has behaved more culpably than VW.

scrubbedexpat142

I am quite disturbed by your stance on this (Boeing shareholder?) but ok that's your position.

So let's consider the $2 billion award against Bayer (since reduced) by an American court in favour of 2, just 2, people who used Roundup - & didn't die.

Maybe Boeing (if found liable) should be fined $ 692 billion - or more?

dave_j

Glad I kept out of this one.. Nearly dipped my toe in the quagmire but knew it would be bitten off.

scrubbedexpat091

And if any of the cases against Boeing end up in court in the US, Boeing will likely face punitive damages awarded by a jury. Boeing has thus far seemed willing to settle with families, so its wait and see if any of the cases make it to jury trial in the US.

scrubbedexpat091

An article on the 737 and Southwest, they are the worlds largest operator of 737 series and I believe also the largest operator of the MAX currently.

Also touches a bit on why airlines can't just go to Airbus, with a large back-order of it's own there is a several year long wait before deliveries would happen.

American Airlines estimates a per day cost of $50,000 per MAX grounding in lost revenue and efficiencies, Southwest is closer to $67,000 per day per aircraft.

https://www.theverge.com/2019/10/23/...st-maintenance

Final report of Lion Air crash is due out Friday, this article hints at some of the findings.

https://www.aljazeera.com/news/2019/...064944012.html

Mechanical and design issues contributed to the accident.

Other contributing factors included Deficiencies in the crews communications and manual control of the aircraft, with the deficiencies having been identified during training, along with incorrect assumptions on how MCAS functioned and how pilots would react.

Boeing reported a profit for the 3rd quarter although revenues were down 21%. The commercial unit reported a loss, with most profits coming from Space and Defense.

https://www.cnn.com/2019/10/23/busin...max/index.html

scrubbedexpat091

CEO of Boeing Commercial Airplanes has been ousted. He took on the job in 2016.

https://www.theglobeandmail.com/busi...ster-to-leave/

scrubbedexpat091

Southwest Airlines board of directors at the CEO's suggestion will study if they will keep Boeing as its sole supplier of aircraft. Southwest has for most of its existence only operated the 737 series aircraft.

https://www.cnn.com/2019/10/24/busin...ier/index.html

This announcement could also simply be a bargaining chip to get a better settlement with Boeing.

scrubbedexpat091

Final Report is out for Lion Air accident last year (pdf link to final report, its over 300 pages.)

Looks like they found 9 factors that contributed to the accident.

"From what we know, there are nine things that contributed to this accident," Indonesian air accident investigator Nurcahyo Utomo told reporters at a news conference.

"If one of the nine hadn't occurred, maybe the accident wouldn't have occurred."

https://www.bbc.com/news/business-50177788

The US based maintenance company who who performed maintenance on the sensor that is listed as a contributing factor to the accident has had its repair certification revoked by the FAA.

https://www.reuters.com/article/us-x...-idUSKBN1X41OB

scrubbedexpat142

A long article but well worth a read -

Here

dave_j

An interesting phenomenon has arisen out of the MAX groundings.
"Canada’s two largest airlines reported solid results for their busiest summer season despite lower capacity and extra costs from the grounded Boeing 737 Max jets"
Apparently, higher prices and higher seat usage has resulted in good financial results and reduced competition.
It's not rocket science, it's simply supply and demand. The MAX grounding is a event that hit all airlines at the same time and the act of reducing capacity is not something an airline would have considered on it's own.
Releasing MAX's back into the air will do the opposite. All of these aircraft, currently stockpiled, will enter service over a relatively short period and older 737s will likely be retired but businesses, being what they are, will attempt to maximise revenue where they can and where there'll be a reluctance, initially, for some to fly on the MAX older 737s might be retained.
It'll be interesting to see whether airlines manage this cooperatively or whether it'll be dog eat dog as usual.

magnumpi

Regular work horse 737 s being checked now for cracked wings in Australia

Not a welcome news story for Boeing

scrubbedexpat091

It's not a new story, the issue has been known for a month now and widely reported including by me in this thread.

Issue became known end of September with an airworthiness directive issued by the FAA on October 3 for inspections to be conducted. Of the 1,000 inspected so far worldwide 50 have been found to need repairs.

Gordon Barlow

Well, this could be the start of something big!
https://www.zerohedge.com/markets/28...737-max-planes

dave_j

Looks like bonus fodder to me....
But news like this will definitely put the willies up the average customer and, as you say, it could gain momentum.

dave_j

Not looking good is it? Would you trust Boeing?
https://thehill.com/policy/transport...ing-max-return