51–60 of 273 posts
I was looking into API to make an app for avoiding this plane, then I thought maybe I should not upset those who can kill hundreds of people and expect to get away with it. I am not a nervous flyer, I even used to do paragliding but I am pretty determined to wait few years before flying on one of those. One thing I learned about paragliding was that you must trust your equipment or don’t fly.
Earlier quoted context omitted.
They are suspending production until the grounding is lifted. Not killing off the product. They will of course not be paying the tens of thousands of workers that work on that product while production is suspended.
No layoffs according to CNBC: https://www.cnbc.com/2019/12/16/boeing-will-suspend-737-max-...
I was looking into API to make an app for avoiding this plane, then I thought maybe I should not upset those who can kill hundreds of people and expect to get away with it. I am not a nervous flyer, I even used to do paragliding but I am pretty determined to wait few years before flying on one of those. One thing I learned about paragliding was that you must trust your equipment or don’t fly.
Surely a 737 Max is orders of magnitude safer than a paraglider...
A lot of people thought this couldn’t happen. Difficult to overstate the enormity of this to the industry.
"too big to fail" they said. "whatever it takes they will fix it". I'm personally glad this model is getting shelved. You'd just have a bad taste flying in one of those regardless of tweaked the design is or how good the software is going to be. I'm also glad this is happening because it's a win for humanity and a loss for bureaucracy. I have full confidence that the next model will be rock solid and much better over…
I'm surprised that the market hasn't reacted more negatively towards Boeing regarding the Max 8 disaster. Airlines operate on razor-thin margins (~1 to 2%), and several users of the Max 8 have had significant portions of their fleet out of service as a result. Westjet [1], for example runs 124 planes currently. 13 of which are the Max 8. Over 10% of their fleet. Southwest Airlines [2], for example, runs 748 planes, 3…
Boeing is one of the pillars of the American economy and the market as well. Dumping the stock will hurt pretty much every fund that invested on it, plus Dow will plunge just because of this one stock if it's getting dumped. Boeing, as well as many other firms, are just too big to fail suddenly.
Also known as "a systemic risk".
This is the downside of allowing the concentration of economic power in too few hands. It's like other large scale systems. Yes there's a lot of redundancy; but that redundancy serves a purpose.
I'm surprised that the market hasn't reacted more negatively towards Boeing regarding the Max 8 disaster. Airlines operate on razor-thin margins (~1 to 2%), and several users of the Max 8 have had significant portions of their fleet out of service as a result. Westjet [1], for example runs 124 planes currently. 13 of which are the Max 8. Over 10% of their fleet. Southwest Airlines [2], for example, runs 748 planes, 3…
I'm surprised that the market hasn't reacted more negatively towards Boeing regarding the Max 8 disaster. Airlines operate on razor-thin margins (~1 to 2%), and several users of the Max 8 have had significant portions of their fleet out of service as a result. Westjet [1], for example runs 124 planes currently. 13 of which are the Max 8. Over 10% of their fleet. Southwest Airlines [2], for example, runs 748 planes, 3…
> lawsuits that are surely incoming are going to pile-drive this company into the ground Legally, everyone is indemnified up the wazoo. Strategically, airlines are in a worse position if Boeing goes under. Not only do they lose the planes on order. They also lose their service and replacement-parts provider. The survivors would, in the medium-term, face an Airbus monopoly and, in the long-term, a Chinese-European duo…
I'm surprised that the market hasn't reacted more negatively towards Boeing regarding the Max 8 disaster. Airlines operate on razor-thin margins (~1 to 2%), and several users of the Max 8 have had significant portions of their fleet out of service as a result. Westjet [1], for example runs 124 planes currently. 13 of which are the Max 8. Over 10% of their fleet. Southwest Airlines [2], for example, runs 748 planes, 3…
Earlier quoted context omitted.
Ban the aircraft. Criminally charge everyone involved in suppressing it's serious issues and forcing it through approval. Figure out how their processes become vulnerable to corruption and attempt to change them. The problem is of course the FAA doesn't want to hurt Boeing or the industry over this. But that strongly conflicts with their job. The hope at this point seems to be to drag it out until people forget.
> Ban the aircraft. Criminally charge everyone involved in suppressing it's serious issues and forcing it through approval. That's going a bit too far. Banning MCAS and requiring pilots to undergo MAX-specific training and certification seems more reasonable (and less wasteful) response to the issues. I would support criminal charges against the chief decision-makers that led Boeing into this mess, going all the way…
Airlines will have serious reason to consider other manufacturers if they can’t just throw pilots behind the stick with minimal training.