Good luck to Hokie Boeing Dave Calhoun today. On the Hill
going to get grilled today by a bunch of political idiots who know nothing about building and operating a plane. He really stepped into a mess when he took over that slow moving ship - hard to turn it around
32 Replies
2y
delivery of the max10's he has on order. They are not FAA certified, and he said they are 5 years behind plan. United is a big customer and if they go to Airbus it will hurt. The United CEO said on Monday they are evaluating alternative options. Since it's a 0/1 option, that means Airbus.
Calhoun was on the BOD before taking over as CEO. They had ample opportunity to improve their safety record when the 737Max was grounded the first time.
(In response to this post by GOHOKEE)
2y
I don't know why anyone buys their planes over Airbus at this point
(In response to this post by GOHOKEE)
2y
And that bolts should be tight.
(In response to this post by GOHOKEE)
I think I heard that the bolts were not installed at all.
(In response to this post by ModerateHokie)
2y
yeah, heard the same that it's a production problem so at least it's fixable short term.
(In response to this post by aint2Hokie4me)
2y
in-house inspections. Said he was pretty pissed with Boeing right now.
(In response to this post by ModerateHokie)
2y
(In response to this post by GOHOKEE)
2y
is really the true bottom. I would be comfortable at 180 or below and not surprised if it went to the 140s in next 12 months.
(In response to this post by ElbertoHokie)
I tried that 3 years ago. 🤪
(In response to this post by ElbertoHokie)
2y
in a Business Ethics class. Case after case showed a pretty remarkable trend.
When something absolutely hit the fan at threatened to ruin a company, most took one of two routes.
Route 1 - Lawyer up. Defer, deflect, and deny everything. Limit exposure and liability and hope it blows over.
Route 2 - Admit the screw up, own in, learn from it, get better, and assure the customers/investors/employees/stakeholders that it is being taken seriously and won't happen again.
For the really big screw ups, Route 1 usually ended badly (like, bankruptcy badly) and Route 2 usually ended with the company coming out the other end stronger.
If Boeing's response is defer-deflect-deny, then they are in a heap of trouble. If they own it and fix the problems, this is a darned good time to buy their stock at a discount.
(In response to this post by ElbertoHokie)
2y
was getting ready to takeoff from Atlanta. Runway closed for over 3 hours while the crippled plane was towed back for maintenance. All planes lined up behind it had to be re-routed to another runway. Not sure if that has anything to do with Boeing or not, but it sure doesn't help right now.
Audio from the planes and control tower linked.
Link:
Plane-Tower Audio
(In response to this post by GOHOKEE)
2y
so yeah, bad news is not good but it's a well know plane, not going to create any new controversy. Probably on the carrier doing the inspections and maintenance.
(In response to this post by Nortazhokie)
2y
Doh!
(In response to this post by `lag)
Maybe I'll take a ship to Europe this year.
I don't think we've had any iceberg accidents recently.
(In response to this post by Nortazhokie)
2y
Ships take the "great circle route" to Europe, which can take them through the Arctic Circle. The Coast Guard monitors iceberg location to provide guidance on safe routes through this area. Insurance companies require a certain distance from icebergs for ocean vessels. There is an astronomical cost savings for every nautical mile N that can be safely gained. The Coast Guard spends a lot of time and effort in understanding where icebergs are.
(In response to this post by Chris Coleman)
2y
Most have Airbus planes and better looking flight attendants!
(In response to this post by Chris Coleman)
2y
We are flying to Italy in May, and it's Aer Lingus all the way there and back.
(In response to this post by MAHokie69)
2y
(In response to this post by MAHokie69)
I'm flying back from Luxembourg most likely...
Just did a few experiments with Google flights, and it's tough to get something with an Airbus both ways at a reasonable price. Thought I had one with Virgin Atlantic, but as it turns out it's a Boeing despite most of their fleet being an Airbus. I guess I've got some more research to do.
(In response to this post by HwoodHokie)
Fly through Doha on Qatar
(In response to this post by Chris Coleman)
Yep, that's definitely true.
(In response to this post by MAHokie69)
2y
because they're likely to take the fall for something that isn't here fault.
I'd be shocked if he survives this and something that's basically out of his control. I hope he hasn't made any cuts to the QA/QC budget during his tenure...
(In response to this post by GOHOKEE)
2y
(In response to this post by GOHOKEE)