Earlier quoted context omitted.
Renton sobs.
Is this good or bad for my house-buying efforts?
No, because it's the techies who make all the money in Seattle.
Boeing to Suspend 737 Max Production in January
101–110 of 273 posts
Re: Boeing to Suspend 737 Max Production in January
#102Earlier quoted context omitted.
They have outstanding orders for around 5000 737 MAXes. Assuming they get them reapproved some time soon, keeping the production going to not fall too far behind their delivery schedule will likely have saved them a fortune in late-fees.
Especially if they rename it and sell it under a new brand. I’d go for a “737 Neo”, only nerds can make the difference (even between a Boeing and an Airbus).
737 Matrix
Re: Boeing to Suspend 737 Max Production in January
#103Earlier quoted context omitted.
I sincerely doubt many people will remember anything about this five years from now. There have been dozens of crashes involving various models of the 737 series, and the vast majority of the population could not name a single incident. As soon as this is out of the news cycle, everyone will forget.
The majority of the population probably can't even tell a B737 from an A320.
I think that has changed now, at least for 737 MAX. We people who did not care before are now hyper alert about which aircraft we are going to be on.
Re: Boeing to Suspend 737 Max Production in January
#104I'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.
A quick google says Boeing is the 28th largest US company by both revenue and market cap (interesting that they line up exactly), sitting next to "pillars" like the Home Depot and PepsiCo.
We'll be fine.
Re: Boeing to Suspend 737 Max Production in January
#105Earlier quoted context omitted.
> 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…
>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 duopoly. Boeing "going under" just means that shareholders will get wiped out, not that they cease operations.
That may be what the poster meant by "well managed break up".
Re: Boeing to Suspend 737 Max Production in January
#106Earlier quoted context omitted.
The next model is 10 years and north of a billion dollars away.
The next model would be drawn up already. They knew where it went wrong.
The next model isn't a 737-something, it's an entirely new airplane, one that can replace the 737 and 757. There is nothing wrong with the MAX that is not fixable with software and some artful rebranding. But its still a 737, and comes with all of the discomfort and limitations thereof inherent to the platform. It's not a comfortable airplane to fly in, fly, and its limited in how fast you can evacuate it too.
Re: Boeing to Suspend 737 Max Production in January
#107Earlier quoted context omitted.
Why?
Probably because the name is toxic. But I don't think it will work, because it takes time to engineer such a modification, and more time to get FAA approval.
The software fix is complete, and the name is already been replaced, its now the 737-8200.
Re: Boeing to Suspend 737 Max Production in January
#108Lost in all of this discussion is the fact that Boeing problems began with South Carolina. The fact that politics played a big role in opening that plant should not be ignored. MAX wasn’t just designed poorly, the organization process within Boeing was already failing. It’s a corporate culture failure.
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Re: Boeing to Suspend 737 Max Production in January
#109It will be difficult for Boeing to walk back the public opinion of the 737 MAX for what they have done. I know plenty of airline customers who intend to never fly a segment that utilizes one.
They're already rebranding it. Newly shipped 737s are labeled "737-8200"
Re: Boeing to Suspend 737 Max Production in January
#110Lost in all of this discussion is the fact that Boeing problems began with South Carolina. The fact that politics played a big role in opening that plant should not be ignored. MAX wasn’t just designed poorly, the organization process within Boeing was already failing. It’s a corporate culture failure.
South Carolina and the 787 assembly process both looked like pretty poorly concealed union busting tactics to me. First you made a plane that doesn't require the massive gantry cranes to construct. Smaller portable equipment does a lot of the work. You can build new, cheaper facilities. Then you move things more or less to the opposite corner of the country, but closer to the new headquarters. Yeah, not suspicious at…
Any chance you could elaborate on this? I am not following this comment thread, not able to read between the lines.