https://komonews.com/news/local/boeing-may-halt-737-max-production-if-grounding-continues-reports-say

Edited July 24, 20196 yr by Bobsk8

FYI, some users reporting that the link doesn't work, however it is working fine on my PC and on my iPad.

I agree, however the stock price has been quite resilient considering.  I believe that investors have confidence that the 737 Max will return to service soon and that Boeing will ultimately bounce back from this.  I read that they replaced the 737 Max program manager, but what about other high level executives?  A lot of them should have been fired over this monumental screw up, not to mention some folks over at the FAA.

Boeing still has its 787, 777, 767, 767 tanker production, plus other ventures, so I think the company will be OK, albeit maybe not as successful as they have been historically.  They just need better management IMO.

United is now demanding an answer as to whether Boeing plans to produce a new 757/767 replacement, the Mid-Market Airplane.  They've postponed that decision until next year which is another example of incompetent executives who frankly don't know what they're doing.  It's obvious that a new replacement for the 757 is needed and airlines are asking for it.  Just look at how popular the Airbus A321LR is, and now there's an XLR.  If Boeing doesn't get its act together it will end up losing out on even more sales over the next 5 years.

As some may have guessed, I have little patience for very highly paid company executives and managers, some of whom make hundreds of thousands to millions of dollars a year, who screw up so badly.

Dave

Edited July 24, 20196 yr by dave2013

If I was as inept and incompetent as many of Boeing's executives have been, I would have been fired a long time ago,,,,

46 minutes ago, busdriver said:

If I was as inept and incompetent as many of Boeing's executives have been, I would have been fired a long time ago,,,,

You can be sure it will be the line employees that will pay for that incompetence with their jobs. The guilty executives will walk away with bags full of cash. 

2 minutes ago, mwilk said:

You can be sure it will be the line employees that will pay for that incompetence with their jobs. The guilty executives will walk away with bags full of cash. 

 

Sadly, this is true...

Golden parachutes

William Boeing would not have approved.  I think he would have rolled the execs who chose profits over safety.

This won't hurt Boeing in the long run, just temporary pain. They're buoyed up by taxpayer dollars for defense contracts in a way that Airbus isn't. 

Just a sampling, not including tankers:

LGM-30 Minuteman
AGM-69 SRAM
AGM-86 ALCM Cruise Missile
MGM-118 Peacekeeper
UUM-125 Sea Lance
AGM-131 SRAM II
Harpoon
Boeing AH-64 Apache
Boeing Vertol CH-46 Sea Knight (Vertol Aircraft Corp.)
Boeing Vertol CH-47 Chinook (Vertol Aircraft Corp.)
V-22 Osprey (with Bell Helicopter)
Boeing F-15E Strike Eagle
Boeing F/A-18E/F Super Hornet
Boeing EA-18G Growler -- the ones causing local complaints because they're making noise flying out of Whidbey Island near where I live.

Boeing isn't going anywhere, even if there is a temporary scrapping of the entire 737 MAX, which might be the most likely scenario at this point. It's a question of consumer confidence. The "fix" hasn't happened fast enough. But the military contracts are a huge cushion that Airbus doesn't enjoy.

Edited July 24, 20196 yr by Paraffin

12 hours ago, mwilk said:

You can be sure it will be the line employees that will pay for that incompetence with their jobs. The guilty executives will walk away with bags full of cash. 

you must work for an airline.  100% on the money.

1 hour ago, fluffyflops said:

you must work for an airline.  100% on the money.

Well done. I'm a retired US Airways\AA employee.

14 hours ago, busdriver said:

If I was as inept and incompetent as many of Boeing's executives have been, I would have been fired a long time ago,,,,

 

14 hours ago, mwilk said:

You can be sure it will be the line employees that will pay for that incompetence with their jobs. The guilty executives will walk away with bags full of cash. 

Both of you are correct and it is a sad commentary on our corporate culture.  Boeing exec's have put their company in a very tough spot and they cannot park the completed 737-800 Max's forever.  The question is will Boeing survive as-is, or will it end up in bankruptcy, or a bailout, or re-organization?

The Boeing execs only have themselves to blame: It's an overused expression called corporate greed:

1) They induced many more 737-MAX sales by downplaying the need for additional critical pilot training and simulation on the MCAS system.  

2) They left an addition warning light as an optional feature that was an added cost to the MCAS  , which I believe was not installed in the two crashes(?)

 

Gang,

Lets not go down a political rat hole, with regards to govt spending, etc. Let's keep it civil. No democratic or republican bashing, please.

 

-Bill

Southwest just announced yesterday that they are cancelling all their 737 Max flights until January, 2020.