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What is keeping Boeing's share price so stable in the wake of such catastrophic news for the company this year?
> United’s 757 planes will reach the end of their lifespan in about a decade About a decade?! I was on one of their 757s returning to Dublin a while ago; it felt like they were already pushing the end of its lifespan. I suppose the repair of the interior doesn’t say much about the airframe...
What is keeping Boeing's share price so stable in the wake of such catastrophic news for the company this year?
Earlier quoted context omitted.
Military contracts
That and the implicit guarantee from the government that Boeing is too big to fail.
Mostly, this proves that the 737 MAX isn't a valid alternative to the 757. This goes against Boeing's official stance. The A321 (and the 757) is a lot more flexible, can carry more cargo, and has better performance.
It is not that. It is that regardless if the plane is "fixed" or not, many frequent travelers will refuse to fly on a 737 MAX from now on. Last year I took 73 flights. At least three of those were on a MAX. I profusely refuse to get on one of those, regardless if they are fixed or not.
Maybe I'm just blissfully ignorant to how bad all the planes in the air are... but I feel like pilots would be screaming bloody murder if they were all as bad as the MAX.
America is going to pay for the cronyism that merged every airplane manufacturer into one and eliminated internal competition. If you don't have internal competition, you'll collapse in the face of external competition. There is no way to get away from Boeing without getting away from the American aerospace industry entirely, a problem that didn't exist back when McDonnell Douglas was around.
I mean, one option is to break up Boeing (and Airbus). They’re far too vertically integrated.
America is going to pay for the cronyism that merged every airplane manufacturer into one and eliminated internal competition. If you don't have internal competition, you'll collapse in the face of external competition. There is no way to get away from Boeing without getting away from the American aerospace industry entirely, a problem that didn't exist back when McDonnell Douglas was around.
Why would Airbus be different?
My takeaway is that Airbus and Boeing both need to make progress on their clean-sheet midsize designs. The A321XLR sounds great but it's kinda what Boeing has been doing to the 737, milking it for decades. The A320 is a newer design, for sure, but it's not young. I won't miss the 737. What I'd love to see is a twin-aisle-but-small short range aircraft. Yeah, that won't happen, but it would be comfy.
Earlier quoted context omitted.
I mean, one option is to break up Boeing (and Airbus). They’re far too vertically integrated.
Vertical integration means fewer middlemen driving up the margin on each part.
> United’s 757 planes will reach the end of their lifespan in about a decade About a decade?! I was on one of their 757s returning to Dublin a while ago; it felt like they were already pushing the end of its lifespan. I suppose the repair of the interior doesn’t say much about the airframe...
Airplane lifespans are determined by pressurization/depressurization cycles (i.e. number of flight trips), not distance flown or interior wear and tear.