Author Topic: BA - Boeing  (Read 4453 times)

Liberty

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BA - Boeing
« on: March 11, 2019, 06:41:32 AM »
Doesn't look like we had a Boeing thread. Today's big story is about China and Indonesia grounding 737 MAX 8s after crashes:

https://www.reuters.com/article/us-ethiopia-airplane/china-indonesia-ground-boeing-737-max-8-fleets-after-ethiopia-crash-idUSKBN1QS15F

Stock down 10%+
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Castanza

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Re: BA - Boeing
« Reply #1 on: March 11, 2019, 07:14:33 AM »
Is this juicy yet?

Liberty

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Re: BA - Boeing
« Reply #2 on: March 11, 2019, 07:19:33 AM »
Is this juicy yet?

I have no opinion either way at this point \_(ツ)_/
"Most haystacks don't even have a needle." |  I'm on Twitter  | The importance of saying 'oops'

tombgrt

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Re: BA - Boeing
« Reply #3 on: March 11, 2019, 07:29:46 AM »
Slightly off-topic but I was on a flight from Addis with Ethiopian Airlines scheduled to depart 2min later than the crashed plane. Small delay and news got to us when we landed. Stewardesses obviously broke down when we got out at destination. Very odd and a good reminder of the value of life, even when considering the unlikeliness of dying in a plane crash.
« Last Edit: March 11, 2019, 07:31:49 AM by tombgrt »

Liberty

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Re: BA - Boeing
« Reply #4 on: March 11, 2019, 07:35:49 AM »
Slightly off-topic but I was on a flight from Addis with Ethiopian Airlines scheduled to depart 2min later than the crashed plane. Small delay and news got to us when we landed. Stewardesses obviously broke down when we got out at destination. Very odd and a good reminder of the value of life, even when considering the unlikeliness of dying in a plane crash.

Glad you were on a different flight and all right, Tom. Life shouldn't be taken for granted. It's so unlikely that we even exist... There's an unbroken line from us through our ancestors to the very primordial first replicating RNA billions of years ago. Any of our millions of ancestors (including pre-human) dies from some infection or a club to the head or gets eaten by a predator, and we vanish. Any other egg or sperm gets through at that time, and we vanish.

Anyway, sorry to get philosophical in a Boeing thread...
"Most haystacks don't even have a needle." |  I'm on Twitter  | The importance of saying 'oops'

gary17

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Re: BA - Boeing
« Reply #5 on: March 11, 2019, 10:30:29 AM »
Slightly off-topic but I was on a flight from Addis with Ethiopian Airlines scheduled to depart 2min later than the crashed plane. Small delay and news got to us when we landed. Stewardesses obviously broke down when we got out at destination. Very odd and a good reminder of the value of life, even when considering the unlikeliness of dying in a plane crash.

Glad you were on a different flight and all right, Tom. Life shouldn't be taken for granted. It's so unlikely that we even exist... There's an unbroken line from us through our ancestors to the very primordial first replicating RNA billions of years ago. Any of our millions of ancestors (including pre-human) dies from some infection or a club to the head or gets eaten by a predator, and we vanish. Any other egg or sperm gets through at that time, and we vanish.

Anyway, sorry to get philosophical in a Boeing thread...

Tom - glad to hear you are not on that flight.   A bit off topic but I remember my math 101 teacher who used to tell us he has to make the course tough, because he's afraid some one us will actually become engineers and it scares him when he flies.   
Not good news for Boeing. I am a shareholder .

Liberty-  the fact we are here under such a low probability outcome would lead some to suggest we were created...  debate for another time !   

Liberty

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Re: BA - Boeing
« Reply #6 on: March 11, 2019, 11:55:27 AM »
Liberty-  the fact we are here under such a low probability outcome would lead some to suggest we were created...  debate for another time !

Created, by evolution through natural selection. Low probability events can happen (possibly frequently) in universes that have billions of galaxies that each have billions of stars with multiple planets and moons, over billions of years (with the possibly of even multiple parallel universes) on planets will thousands of not millions of ecosystem niches with slightly different local conditions... You just need a few primordial animo acids to combine into a barely adequate RNA replicator once in the chemical soup that is an ocean for the process to get started and for time and iteration and selection pressures to do their work. And the very fact that we're here wondering about it shows it's possible, it's the anthropic principle (if it hadn't happened, we wouldn't be here talking about it).

But yeah, let's move on!
« Last Edit: March 11, 2019, 01:24:51 PM by Liberty »
"Most haystacks don't even have a needle." |  I'm on Twitter  | The importance of saying 'oops'

Gamecock-YT

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Re: BA - Boeing
« Reply #7 on: March 11, 2019, 01:17:42 PM »
This is pretty powerful, former FAA chief of staff says they should ground all the MAX aircraft:

https://twitter.com/KateAFarrell/status/1105191919037173761

rb

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Re: BA - Boeing
« Reply #8 on: March 11, 2019, 05:36:03 PM »
I don't think this is that bad for Boeing. Does it make for bad press? Yes. But these sort of, let's call them teething problems, are not uncommon for new aircraft models. Off the top of my head i can think of the 787 (catching fire and fuel leaks) - did not crash, and the DC-10 (doors blowing off) - did crash. They fixed them and the companies were fine.

The fact that Boeing's stock looks pretty overvalued is another issue and probably a bigger one for investors.

Spekulatius

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Re: BA - Boeing
« Reply #9 on: March 12, 2019, 04:08:42 AM »
Hmm, the US mandates design changes for the 737:
https://finance.yahoo.com/news/morning-brief-us-to-mandate-design-changes-on-boeing-737-max-8-after-crashes-101822601.html

I think this will cost Boeing, directly and indirectly. It will also cost LUV, which owns the most 737 max planes.
To be a realist, one has to believe in miracles.