They ran out of parking lots. 400 new 737 max planes are parked on Boeing grounds. Its a cash-flow problem, what Boeing is parkign here is not just 400 planes, but also 50 billion coins. The 737 series represents almost half of the yearly value that Boeing is selling per year, and represwnets 70% of its civilian aeronautical selling value. This money now is not coming in, with a certiifcation not expected before sporing next year - at the earliest, many airlines say they will do their own certtzifdicatiosn newly introduced just due to the Boeing desaster. Billions in unknown value have been put aside by Boeing for recourse claims by carriers. The damage for subcontractors and producers of sub-components so far cannot even be fully calculated. The mess of course has full effects in the Dow Jones bilance and affects the whole US economy.



This costs Boeing dearly -and rightly so. The decision makers at Boeing responsible for handling the messy ways of the 737 max project, should go to trial - for gross negligence with multiple death results. For the second crash the accusal is to be raised to multiple slaughter, if not murder. Those responsible at the FAA for it not doing its job properly: the same.

Boeing now is ready to declare simulator retraining for 737max pilots "mandatory", somethign they fought against until now. Meanwhile Boeing worker says the plane "was designed by clowns".



https://www.bbc.com/news/business-51058929

The show goes on.

https://www.marketwatch.com/story/bo...max-2020-01-31


From earlier last year: https://www.bloomberg.com/news/artic...7-max-troubles

While their main competition pays out corruption charges.
https://www.bbc.com/news/business-51277946

^ Of which the WTO court already found Boeing guilty of as well. Just the penalty sum it has to pay has not yet been decided on.


"Together we betray, together we pay." - Thats true friendship!

I'm confident the countries will have no objection to the cash injection.

Another project, but again one that riogns Boeing into troiubled waters and costs immense money, hundreds of millions at least for a repeating of the last starliner test flight. And the problem seems to be of a similiar structural nature like in case with the 737: messed up internal quality control procedures due to financial cuts.



https://techcrunch.com/2020/02/06/na...arliner-issue/

And more good news....


https://www.bbc.com/news/business-51499777


Pearls lined up on a string, thats how the good news for Boeing must be thought of, it seems.

A bit of an understatement.

Wow! We trust them for a lot of military items and Airforce One too ... :o

IIRC, the tankers delivered to the USAF had a number of foreign objects found near wiring inside the hulls, and their performance is kinda subpar...

I hope Boeing can make a come back for it's workers :yep:

https://www.msn.com/en-us/money/comp...rs/ar-BB15fTUJ

Boeing Order Cancellations Overwhelming Its Over New Orders

Congress repport slams Boeing over 737 Max desasters.



https://www.nbcnews.com/news/us-news...oeing-n1240192


https://www.today.com/video/new-repo...ax-91871813707



https://www.bbc.com/news/business-54174223


That and Corona together already have costed Boeing several hundred orders. I am looking forward to see that number growing. More trouble lay ahead when the WTO court will finally annoucne the punishment for Boeing, which will give Airbus a retaliation opportunity.



What should both players learn from it? Compete - but play fair. And have security at the very, very, very top of your list with priorities. Boeing obviously has pushed security to the very, very, very bottom of its priorities.



Do I think they will? Hell, not one second.

Plus Boeing changed the name to hide the shame :yep:

https://www.businessinsider.com/boei...rebrand-2020-8

Boeing has 450 planes stored of the 737 Max aircraft that Boeing has in its inventory

Of course, 2020 hindsight is always brilliant. I doubt Airbus has been any better than need be, they just didn't get hung out and I still think more blame needs to be on the Boeing customers for not training to the standard Boeing published. Shame on Boeing for not realizing their system of price/training levels would lead to so many air disasters but their system was published. Shame on the airlines for not exploring the increased training needs.