Page 14 of 21
Re: Boeing
Posted: August 27th, 2020, 9:08 pm
by richfool
Europe to start Boeing 737 Max test flights
EU aviation regulators have scheduled flight tests for Boeing's troubled 737 Max plane.
The European Union Aviation Safety Agency (EASA) said the tests would take place in Vancouver, Canada in the week beginning 7 September.
Boeing's best-selling aircraft was grounded last year after two crashes killed all 346 people on the flights.
The announcement comes two months after US regulators began similar test flights for the jet.
However, EASA has maintained that clearance by the US Federal Aviation Administration will not automatically mean a clearance to fly in Europe.
https://www.bbc.co.uk/news/business-53930694
Re: Boeing
Posted: August 28th, 2020, 4:03 pm
by dspp
richfool wrote:Europe to start Boeing 737 Max test flights
EU aviation regulators have scheduled flight tests for Boeing's troubled 737 Max plane.
The European Union Aviation Safety Agency (EASA) said the tests would take place in Vancouver, Canada in the week beginning 7 September.
Boeing's best-selling aircraft was grounded last year after two crashes killed all 346 people on the flights.
The announcement comes two months after US regulators began similar test flights for the jet.
However, EASA has maintained that clearance by the US Federal Aviation Administration will not automatically mean a clearance to fly in Europe.
https://www.bbc.co.uk/news/business-53930694
EASA link
https://www.easa.europa.eu/newsroom-and ... ng-737-max - dspp
Re: Boeing
Posted: September 13th, 2020, 11:42 am
by dspp
FT Alpha vlog with longtime sector commentator Hubert Horan
85% downturn, 6 year length, plenty of bankruptcies
https://youtu.be/Hzig-gnKWTII didn't spot any good news. He focusses on the carriers. I have a small nibble of Airbus so I am more concerned about the airframers. I would expect Comac to come through the middle, but I expect both EU and US will protect their defence primes. Whether existing equity holders will escape pain or even gain is my concern. Maybe best to sit on the sidelines. Hmmm.
- dspp
Re: Boeing
Posted: September 16th, 2020, 1:48 pm
by dspp
US Congress
After 18-Month Investigation, Chairs DeFazio and Larsen Release Final Committee Report on Boeing 737 MAX
From the Report: “The MAX crashes were… a horrific culmination of a series of faulty technical assumptions by Boeing’s engineers, a lack of transparency on the part of Boeing’s management, and grossly insufficient oversight by the FAA”
https://transportation.house.gov/news/p ... ng-737-max - dspp
Re: Boeing
Posted: October 9th, 2020, 2:05 pm
by richfool
Ryanair has said it expects the controversial Boeing 737 Max plane to be allowed to fly again in the US in the next month or so.
The airline's boss, Eddie Wilson, said it hoped to start taking delivery of the planes early next year.
No Max planes have flown since March 2019 after issues with its software were linked to crashes in Indonesia and Ethiopia, which killed 346 people.
Before the flight ban, Ryanair had 135 of them on order.
"The first of those we would hope to arrive in very early 2021," Mr Wilson told Ireland's Newstalk radio station.
https://www.bbc.co.uk/news/business-54477605Well that's one plane and airline I won't be flying on/with.
Re: Boeing
Posted: October 9th, 2020, 2:39 pm
by ReformedCharacter
richfool wrote:Ryanair has said it expects the controversial Boeing 737 Max plane to be allowed to fly again in the US in the next month or so.
The airline's boss, Eddie Wilson, said it hoped to start taking delivery of the planes early next year.
No Max planes have flown since March 2019 after issues with its software were linked to crashes in Indonesia and Ethiopia, which killed 346 people.
Before the flight ban, Ryanair had 135 of them on order.
"The first of those we would hope to arrive in very early 2021," Mr Wilson told Ireland's Newstalk radio station.
https://www.bbc.co.uk/news/business-54477605Well that's one plane and airline I won't be flying on/with.
I can understand your reluctance but would you not expect that - given the scrutiny that the plane has received - that it is likely now a very safe plane to fly on? For one thing, neither Boeing nor their regulators can afford any more safety related issues?
RC
Re: Boeing
Posted: October 9th, 2020, 2:41 pm
by AsleepInYorkshire
richfool wrote:Ryanair has said it expects the controversial Boeing 737 Max plane to be allowed to fly again in the US in the next month or so.
The airline's boss, Eddie Wilson, said it hoped to start taking delivery of the planes early next year.
No Max planes have flown since March 2019 after issues with its software were linked to crashes in Indonesia and Ethiopia, which killed 346 people.
Before the flight ban, Ryanair had 135 of them on order.
"The first of those we would hope to arrive in very early 2021," Mr Wilson told Ireland's Newstalk radio station.
https://www.bbc.co.uk/news/business-54477605Well that's one plane and airline I won't be flying on/with.
It's staggering to note that Boeings share price has risen from a low of sub $1 to about $1.65 in the last few months. This is a company that has taken on a huge amount of debt to see it over the Max/Covid crisis. This is a company that anticipates revenue will fall by 11% over the next decade. The Max still not back flying. And as you rightly point out no real guarantee that sufficient people will board this vehicle when it returns. I can't imagine many airlines having either the confidence or finances to purchase new aircraft in sufficient numbers to see Boeing (or any other aircraft manufacturer) over the short term issues.
No announcement to develop the next generation of single aisle passenger aircraft either.
There's worse to come though. It's entirely possible that Co2 reduction requirements world wide will shorten the lifespan of the current technology and increase the development costs of that next generation of aircraft.
AiY
Re: Boeing
Posted: October 9th, 2020, 3:46 pm
by dspp
Ryanair may be talking their own book. After all they are a single type fleet, 737.
Quite a lot of folk are still asking questions, and FAA have yet to rule I believe. Let alone EASA, CNAA etc
https://www.flightglobal.com/safety/uk- ... 87.articleregards, dspp
Re: Boeing
Posted: October 9th, 2020, 3:58 pm
by richfool
Yes, the plane will also have to pass the EU (EASA) testing programme.
The FAA, which completed test flights last week, has invited comments from interested parties, with a deadline of 1 November.
However, it is not the only regulator putting the modified 737 Max through its paces.
The European Union Aviation Safety Agency (EASA), which started its own testing programme last month, has maintained that clearance by the FAA will not automatically mean the plane is considered airworthy in Europe.
Boeing should dump the 737 and make the jump to the next generation of more advanced and energy conserving aircraft.
Re: Boeing
Posted: October 9th, 2020, 5:15 pm
by AsleepInYorkshire
Excellent point of discussion. Airlines can keep their maintenance cost base down by having one type of aircraft. It allows them to carry less spares and have less training costs for the maintenance teams. But that lack of fleet diversification may create a severe eggs and basket risk to the business and it's possible Ryanair have exposed themselves to that situation. In addition Ryanair's CEO is, in my opinion, gambling that he can acquire some cheap new "vehicles" and convince potential passengers the vehicle is safe.
And as you've pointed out this particular vehicle has not only to gain FAA certification but also that of other certifying bodies around the globe who have refused to recognise the FAA's certificate to allow this particular vehicle to fly within their airspace.
AiY
Re: Boeing
Posted: October 9th, 2020, 6:50 pm
by dspp
richfool wrote:Yes, the plane will also have to pass the EU (EASA) testing programme.
The FAA, which completed test flights last week, has invited comments from interested parties, with a deadline of 1 November.
However, it is not the only regulator putting the modified 737 Max through its paces.
The European Union Aviation Safety Agency (EASA), which started its own testing programme last month, has maintained that clearance by the FAA will not automatically mean the plane is considered airworthy in Europe.
Boeing should dump the 737 and make the jump to the next generation of more advanced and energy conserving aircraft.
I agree, and if I were going there I wouldn't want to be starting from here. Unfortunately for Boeing dropping the 737-MAX and going clean-sheet means 10-years out of the market.
Which is why I am holding on to my small portion of Airbus shares.
regards, dspp
Re: Boeing
Posted: October 13th, 2020, 8:37 pm
by AsleepInYorkshire
EU gets $4bn bargaining chip in US trade rowThe European Union may impose new border taxes on up to $4bn (£3.08bn) in US goods annually as punishment for subsidies provided to Boeing, the World Trade Organization has ruled.AiY
Re: Boeing
Posted: October 15th, 2020, 6:23 am
by dspp
Please excuse the digression but for the aviation enthusiasts here are some pictures of the Pipistrel Taurus Electro exiting build for one customer
https://teslamotorsclub.com/tmc/threads ... st-5066359These folks now have a 4-seater GA that is setting long distance records, though I cannot find links right now.
regards, dspp
Re: Boeing
Posted: October 15th, 2020, 11:22 am
by AsleepInYorkshire
Ryanair cuts back winter flight schedule"With this greatly reduced winter capacity and load factors of approximately 70%, Ryanair now expects full-year traffic to fall to approximately 38 million guests, although this guidance could be further revised downwards if EU governments continue to mismanage air travel and impose more lockdowns this winter," the airline said.Mismanaged or not the reality is clear - there's an underlying issue with the industry currently. I suspect there will be a bounce back when/if the Covid vaccine appears but there's a possibility that the "new normal" will mean fewer people flying in the long term. All amounting to continued downward pressure on Boeings sales in my humble opinion.
Headwinds- Covid 19
- Recession
- Debt levels
- Co2 emissions
- Max not yet flying in US
- Max not yet certified globally
- No new R&D for single aisle replacement
- No guarantee flying public will re-board Max in viable numbers
AiY
Re: Boeing
Posted: October 16th, 2020, 9:43 am
by EmptyGlass
Re: Boeing
Posted: October 24th, 2020, 8:31 pm
by AsleepInYorkshire
Boeing’s Early Concept for All-New Jetliner Tempts Rolls-RoyceRolls-Royce Holdings Plc has expressed interest in providing the engines for a new, midrange jetliner if Boeing Co. decides to move forward with a concept later this decade, said people familiar with the matter.AiY
Re: Boeing
Posted: October 28th, 2020, 1:13 pm
by AsleepInYorkshire
Boeing to cut 20% of workforce by end of 2021It said its revenues were down 30% in the first nine months of the year, at $42bn.AiY
Re: Boeing
Posted: November 2nd, 2020, 8:31 am
by AsleepInYorkshire
Covid: Ryanair losses grow and passenger numbers plungeIt said 17.1 million people travelled on the airline in the six months to September, compared with 85.7 million last year.I wonder if Boeing's forecast of an 11% reduction in sales in the long term is robust? I can't see the numbers flying recovering for at least 12 months.
And I continue to believe that those boarding the re-certified 737 Max will not make the vehicle viable.
The 737 Max Dodo?
AiY
Re: Boeing
Posted: November 2nd, 2020, 9:00 am
by flyer61
The industry is in dreadful shape. Airports are ghost towns.
Re: Boeing
Posted: November 2nd, 2020, 11:27 am
by monabri
And propped up with government "research" contracts.