Saturday, February 15, 2020

Boeing is hurting

Boeing has not sold a single airliner this last month.  This week's Aviation Week had two pieces on Boeing's plight.  Boeing lost $600 million on 2019.  They wrote about the "New Midmarket Aircraft"  (NMA) development of which is sorta underway with a delivery target date of 2025.  At the rate things are going Boeing will be toast by 2025.  Nothing was said about getting the 737 MAX ungrounded.  Things got so bad that Boeing stopped production of the 737-MAX, they must be running out of places to put them all.  And shutting down production has hurt/panicked/destroyed all the vendors that made parts for the 737-MAXes.  Boeing was one of the few American companies that did much exporting, and the 737-MAX grounding has done bad things for the US trade deficit. 
   As far as ungrounding the 737-MAX, the problem is the FAA people are just snivel servants who know little about flying.  They do know that if they let the 737-MAX fly and there is another accident fingers will be pointed at them, and heads may roll.  So they are shuffling papers, milling around, and demanding more and more engineering data from Boeing.  Boeing knows that it cannot press the FAA for fear of getting them more bent out of shape and less likely to ever let the 737MAX fly.

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