Boeing 737 Max 8
#271
Re: Boeing 737 Max 8
And I don't disagree with you, I was merely disturbed by your suggestion that Boeing has behaved more culpably than VW.
#272
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Joined: Mar 2017
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Re: Boeing 737 Max 8
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?
#273
Re: Boeing 737 Max 8
Glad I kept out of this one.. Nearly dipped my toe in the quagmire but knew it would be bitten off.
#274
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Joined: Jan 2006
Posts: 0
Re: Boeing 737 Max 8
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.
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?
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?
#275
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Posts: 0
Re: Boeing 737 Max 8
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
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
#276
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Posts: 0
Re: Boeing 737 Max 8
CEO of Boeing Commercial Airplanes has been ousted. He took on the job in 2016.
https://www.theglobeandmail.com/busi...ster-to-leave/
https://www.theglobeandmail.com/busi...ster-to-leave/
#277
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Posts: 0
Re: Boeing 737 Max 8
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.
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.
#278
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Posts: 0
Re: Boeing 737 Max 8
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
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
#280
Re: Boeing 737 Max 8
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.
"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.
#281
Re: Boeing 737 Max 8
Regular work horse 737 s being checked now for cracked wings in Australia
Not a welcome news story for Boeing
Not a welcome news story for Boeing
#282
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Posts: 0
Re: Boeing 737 Max 8
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.
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.
#283
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Joined: May 2012
Location: Cayman Islands
Posts: 4,999
Re: Boeing 737 Max 8
Well, this could be the start of something big!
https://www.zerohedge.com/markets/28...737-max-planes
https://www.zerohedge.com/markets/28...737-max-planes
#284
Re: Boeing 737 Max 8
Well, this could be the start of something big!
https://www.zerohedge.com/markets/28...737-max-planes
https://www.zerohedge.com/markets/28...737-max-planes
But news like this will definitely put the willies up the average customer and, as you say, it could gain momentum.
Last edited by dave_j; Nov 1st 2019 at 6:25 pm.
#285
Re: Boeing 737 Max 8
Not looking good is it? Would you trust Boeing?
https://thehill.com/policy/transport...ing-max-return
https://thehill.com/policy/transport...ing-max-return