From: John Koligman | 1/24/2024 1:26:31 PM | | | | Article with graphics on the door plug failure in today's NY Times. I clicked the 'share' button so the link should be accessible and readable.
nytimes.com |
| Boeing keeps setting new highs! When will it split? | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
From: John Koligman | 1/25/2024 7:11:49 PM | | | | Airlines Hoping for More Boeing Jets Could Be Waiting Awhile The Federal Aviation Administration’s decision to limit Boeing’s production of 737 Max planes could hurt airlines that are struggling to buy enough new aircraft.
A Boeing 737 Max 9 plane at the company’s production facility in Renton, Wash.Credit...Jason Redmond/Reuters
By Sydney Ember and Santul Nerkar
Jan. 25, 2024, 6:18 p.m. ET
Boeing hoped 2024 would be the year it would significantly increase production of its popular Max jets. But less than a month into the year, the company is struggling to reassure airline customers that it will still be able to deliver on its promises.
That’s because the Federal Aviation Administration on Wednesday said it would limit the plane maker’s output until it was confident in Boeing’s quality control practices. That announcement came about three weeks after a panel blew off a Boeing 737 Max 9 body shortly after takeoff, terrifying passengers on an Alaska Airlines flight and forcing the pilots to make an emergency landing at the Portland International Airport in Oregon. Almost immediately, the F.A.A. grounded some Max 9s.
Since then, details have emerged about the jet’s production at Boeing’s facility in Renton, Wash., that have intensified scrutiny of the company’s quality control. Boeing workers opened and then reinstalled the panel about a month before the plane was delivered to Alaska Airlines.
The directive is another setback for Boeing, which had been planning to increase production of its Max plane series to more than 500 this year, from about 400 last year. It also planned to add another assembly line at a factory in Everett, Wash., a major Boeing production hub north of Seattle.
As part of the F.A.A.’s announcement on Wednesday, it also approved inspection and maintenance procedures for the Max 9. Airlines can return the jets to service once they have followed those instructions. United Airlines said on Thursday it would resume flying some of those planes as early as Friday.
The move is another potential blow to airlines. Even though demand for flights came roaring back after pandemic lockdowns and travel restrictions eased, the airlines have not been able to take full advantage of that demand. The companies have not been able to buy enough planes or hire enough pilots, flight attendants and other workers they need to operate flights. A surge in the cost of jet fuel after Russia invaded Ukraine also hurt profits.
Many airline executives are now assessing how the F.A.A. order would affect plans for their fleets for the next decade — or longer.
When they were introduced, the narrow-body, fuel-efficient planes were supposed to help the manufacturer compete with Airbus, which has pulled way ahead of Boeing in sales. But the Max series has been plagued by mechanical and safety issues, including two crashes in 2018 and 2019 that killed nearly 350 people and led to the grounding of the Max 8 for nearly two years.
In its Wednesday announcement, the F.A.A. did not say how quickly it would lift the pause on the production increase, instead giving Boeing conditions it must meet before doing so. It said it “won’t be back to business as usual for Boeing.”
“We will not agree to any request from Boeing for an expansion in production or approve additional production lines for the 737 Max until we are satisfied that the quality control issues uncovered during this process are resolved,” said Mike Whitaker, the agency’s administrator.
Boeing’s share price fell about 6 percent on Thursday and is down about 19 percent since Jan. 5.
In 2023, Boeing produced around 32 of its 737 planes per month on average, with plans to ramp up to 38 by the end of last year. It had aimed to further step up production to 42 per month in 2024, a year-over-year increase of more than 100 planes, and to about 50 per month in 2025. Before the Max 8 was grounded in 2019, Boeing had been producing 52 Max jets a month.
Many airlines said they welcomed the F.A.A.’s decision to keep a lid on Boeing’s production until regulators were convinced the company had improved quality and addressed safety concerns. But some airline executives also moved quickly to rejigger their fleet plans under the assumption that planes that they had been expecting would now come months or, in some cases, years later than they had expected them.
Alaska Airlines, which has a fleet of 231 Boeing 737 airplanes, was set to add 23 Max jets to its fleet in 2024 but said Thursday it expected “many of those to get delayed.”
“We have the right number of aircraft to fly our current schedule and get our guests to where they want to go,” the company said in a statement. “We’re still working to understand the implications of the F.A.A.’s recently announced limitation of aircraft production at Boeing.”
Southwest, which was waiting on more than 500 Max jets as of October, said it would “reduce the number of Boeing 737 MAX aircraft deliveries” it expected from the manufacturer and no longer expected any Max 7 jets, which the F.A.A. hasn’t certified yet, in 2024.
Still, some analysts said it was not clear just how much of an impact the F.A.A.’s order would have.
“It is possible that the F.A.A.’s restriction on the ramp is irrelevant — at least for the move to 42 — since investors had already begun to assume a longer time at 38 to drive stability and increased quality,” analysts at Deutsche Bank said in a research note on Thursday, referring to the number of 737 Max planes Boeing makes in a month.
At least one airline was confident the disruptions wouldn’t hurt its orders from Boeing. Ryanair, the European low-cost airline, said in a statement that the manufacturer had “assured Ryanair that the grounding of the Max 9s and maintaining rather than increasing current monthly production will not further delay Ryanair deliveries” for summer 2024 and summer 2025.
While the F.A.A.’s decision to limit production doesn’t help, Boeing was also struggling to increase production for another reason — it and its suppliers have not been able to replace all the workers who were laid off, retired or quit during the pandemic. Finding new skilled workers has been hard, and it is taking longer to train them, said Christopher Raite, a senior analyst at Third Bridge, a research firm. “The labor base just isn’t there.”
Boeing has two models of Max planes in production, the Max 8 and Max 9, and two other versions, the Max 7 and Max 10, which are awaiting approval from the F.A.A. before any can be flown.
Even before the Jan. 5 incident on the Alaska Airlines Max 9, airlines were limited in how much they could grow by adding new flights or routes. In April 2023, the president of the International Air Transport Authority, Willie Walsh, said that capacity would remain diminished until 2025 and possibly longer.
Jonnathan Handshoe, an airline analyst for CFRA Research, said Boeing’s safety and production struggles could worsen a precarious situation for the airlines.
Delays in new aircraft deliveries, Mr. Handshoe said, would mean airlines will spend more on fuel than they were expecting because they will be forced to use older, less fuel-efficient planes that they’d hoped to scrap or sell. In addition to increased supply-chain issues, Mr. Handshoe said, new labor agreements grant pilots, flight attendants, mechanics and other workers big raises.
In recent weeks, some airline chiefs have taken the unusual step of publicly chastising Boeing for its safety failures and production delays. Hubert Horan, an aviation analyst, said airlines were trying to get a better deal from Boeing on large orders they had already placed.
“There are normally provisions in contracts like these for major penalties and cancellation if major problems prevent Boeing from fulfilling the contract,” Mr. Horan said. “In part, the recent public statements are part of the negotiation about final terms of penalties and discounts.”
On a call with analysts on Thursday, Alaska’s chief executive, Ben Minicucci, said the company’s partnership with Boeing was a key part of the carrier’s future. The company had 185 737 Max planes on order, and Mr. Minicucci noted that the company had been happy with the Max until the latest incident.
But the weekslong grounding of Max 9 planes and the limit on Boeing’s production will hurt companies like Alaska. The company said it expected that the F.A.A.’s grounding alone would cost it $150 million — though it also expected to be “made whole” for that loss — and Mr. Minicucci had said in a recent interview that he was angry with Boeing for its safety and production failures.
“We’re going to hold Boeing’s feet to the fire to make sure we get good airplanes out of that factory,” Mr. Minicucci said.
Sydney Ember is a Times business reporter, covering the U.S. econo |
| Boeing keeps setting new highs! When will it split? | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
From: roto | 2/5/2024 2:36:48 PM | | | | archive.ph
With Boeing 737 Max orders set for late arrival in Asia, will Airbus and China’s Comac benefit?
- •Boeing’s ability to produce and deliver orders of its 737 Max series planes to Asia-Pacific clients is in doubt following a blowout incident in the US
- •The expected delays could help rival Airbus consolidate its lead in the region and have stoked questions on whether Comac could ‘emerge as a player’
Biman Mukherji Published: 6:30pm, 5 Feb, 2024
US investigators recover a part of an Alaska Airlines Flight 1282 Boeing 737-9 Max plane in Portland on January 8. Photo: NTSB via Reuters As aviation giant Boeing races to address defects plaguing its 737 model following a mid-air blowout in the US, expected delays in deliveries to its Asian clients could consolidate rival Airbus’ lead and open a window of opportunity for Chinese planemaker Comac, analysts said. |
| Boeing keeps setting new highs! When will it split? | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
From: roto | 2/15/2024 10:35:16 PM | | | | Airbus Works on Next Generation Jets With Boeing Stuck in Crisis
archive.ph
An Airbus A320 jet lands at the Airbus SE delivery center at Toulouse-Blagnac Airport in Toulouse, France, on Feb. 14. Photographer: Matthieu Rondel/Bloomberg
By Siddharth Vikram Philip
February 15, 2024 at 12:39 PM UTC
Airbus SE said it wants to replace its bestselling A320 family by the mid-2030s, embarking on an all-new program that seeks to replicate the success of the model that put the European manufacturer on the map three decades ago and eventually eclipsed Boeing Co.’s 737. |
| Boeing keeps setting new highs! When will it split? | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
From: John Koligman | 2/28/2024 2:34:19 PM | | | | FAA gives Boeing 90 days to come up with quality control plan after 737 Max accident PUBLISHED WED, FEB 28 202410:10 AM ESTUPDATED 2 HOURS AGO
Leslie Josephs @LESLIEJOSEPHS
- The Federal Aviation Administration is giving Boeing 90 days to come up with a plan to improve quality control, the agency said Wednesday.
- The FAA last month launched an audit into Boeing’s 737 Max production line.
- The agency has also said it will bar Boeing from expanding its production of 737 Max jets until it is satisfied with its quality controls.
An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Lindsey Wasson | Reuters
The Federal Aviation Administration is giving Boeing 90 days to come up with a plan to improve quality control, the agency said Wednesday, less than two months after a door plug blew out of a 737 Max 9 minutes into an Alaska Airlines flight.
Bolts needed to secure the unused door panel on the nearly new plane appeared to be missing, a preliminary investigation of Flight 1282 found earlier this month. The door plug was removed and reinstalled at Boeing’s Renton, Washington, 737 Max factory.
It was the latest and most serious of a series of production problems on Boeing’s bestselling aircraft.
“Boeing must commit to real and profound improvements,” FAA Administrator Mike Whitaker said in a release, a day after he met with Boeing CEO Dave Calhoun and company safety managers. “Making foundational change will require a sustained effort from Boeing’s leadership, and we are going to hold them accountable every step of the way, with mutually understood milestones and expectations.”??
Boeing in a statement said it would prepare a “comprehensive action plan with measurable criteria” and that its leadership team is “totally committed to meeting this challenge.”
The FAA is in the middle of an audit of Boeing’s 737 production lines. The agency last month said it would halt Boeing’s planned ramp-up of 737 Max planes until the regulator is satisfied with the company’s quality control systems.
On Monday, an expert panel’s report on Boeing found a “disconnect” between the manufacturer’s senior management and employees on safety culture. The report was required by Congress after two crashes in 2018 and 2019 of Boeing 737 Max planes, which killed everyone on board the flights.
The FAA said Wednesday that it expects Boeing’s plan to include findings from the report and its audit, which it is scheduled to complete in the next few weeks.
Boeing recently started conducting periodic work pauses at its factory to discuss safety and other production issues with workers.
“By virtue of our quality stand-downs, the FAA audit findings and the recent expert review panel report, we have a clear picture of what needs to be done,” Boeing said in its statement. |
| Boeing keeps setting new highs! When will it split? | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
From: roto | 3/1/2024 11:58:38 AM | | | | a bunch of sodbusters.. no way !!
Boeing in talks to buy beleaguered supplier Spirit Aero, WSJ reports
Updated Fri, March 1, 2024 at 8:42 AM PST
(Reuters) -Boeing Co is in talks to buy Spirit AeroSystems, the beleaguered supplier reeling from a string of quality lapses, the Wall Street Journal reported on Friday.
Shares of Spirit jumped 16.2% in morning trading, while those of Boeing fell 1%.
Spirit, which was spun off from the U.S. planemaker in 2005, has hired bankers to explore strategic options and has had preliminary discussions with Boeing, the Journal reported, citing people familiar with the matter.
Spirit is also exploring selling operations in Ireland that make parts for Airbus, according to the report. Spirit's market cap stood at $3.3 billion as of Thursday's close, according to LSEG data.
Boeing and Spirit declined to comment.
Boeing and Spirit, which builds the entire 737 fuselage, are under scrutiny from investors, regulators and lawmakers after a door plug detached from a 737 MAX 9 in flight.
The latest quality lapse has turned into a reputational crisis for Boeing, which postponed providing a financial forecast for 2024 when it reported quarterly results in January.
Spirit has, meanwhile, struggled with quality issues at its factories, pressuring deliveries and cash flows.
(Reporting by Abhijith Ganapavaram and Shivansh Tiwary in Bengaluru; Editing by Anil D'Silva)
finance.yahoo.com |
| Boeing keeps setting new highs! When will it split? | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
From: John Koligman | 3/2/2024 6:24:35 PM | | | | The FAA has identified more safety issues on Boeing’s 737 Max and 787 Dreamliner
By Gregory Wallace and Chris Isidore, CNN
5 minute read Updated 5:27 PM EST, Fri March 1, 2024
A Boeing employee works on the engine of a 737 MAX on the final assembly line at Boeing's Renton plant. Ellen M. Banner/Pool/The Seattle Times/AP
Washington DCCNN — The Federal Aviation Administration has flagged more safety issues for two troubled families of Boeing planes, the latest in a series of issues at the embattled aircraft maker.
The issues involve engine anti-ice systems on the 737 Max and larger 787 Dreamliner. While the FAA flagged the issues in a filing in mid-February, it drew greater attention on Friday because of a Seattle Times article.
The safety regulator continues to allow both models of the plane to fly despite the potential problems. Both issues are moving through the FAA’s standard process for developing airworthiness directives — rather than an emergency process — signaling that the agency and plane maker do not believe the issues are serious enough to require the planes to stop flying immediately.
But another safety issue is the last thing that Boeing needs at this moment, two months after a door plug on a 737 Max blew out on an Alaska Air flight, leaving a gaping hole in the side of the jet shortly after take-off. The Max has had a series of problems over the last five years, including two fatal crashes that between them killed 346 people in late 2018 and early 2019, which led to a 20-month grounding of the jet.
The importance of de-icingWhile it might seem as if de-icing equipment is less important in summer months, the cold temperatures at high altitudes at which commercial jets fly, combined with the amount of moisture in clouds that they must fly through, make the de-icing equipment necessary twelve months a year.
“You’re not protected by Mother Nature’s seasons,” said Dennis Tajer, an American Airlines pilot and a spokesman for the Allied Pilots Association. “Airworthiness directives aren’t issued unless you have an unsafe condition that need to be addressed. It’s ominous. It may be manageable on a temporary basis. But it’s not a solution.”
The FAA said the newly disclosed Max issue could cause the jet’s engines to stop working. An electrical issue “could result in loss of thrust on both engines due to damage from operation in icing conditions.” The fix includes replacing wiring in a panel above the pilots’ heads.
The issue was discovered during a Boeing engineering analysis three years ago and is “a remote concern that has never been seen during decades of service” in both the current and previous generations of 737, said Jessica Kowal, a Boeing spokeswoman. The company said it disclosed the issue to airlines and the FAA at the time, and provided a fix.
The 2021 discovery lines up with the company’s order that year to ground some Max planes because of a different electrical problem. The Boeing Max — at the time, only recently back in service after the nearly two-year grounding prompted by two fatal crashes — underwent an extensive electrical system analysis.
A different issue with the DreamlinerLess than a week after publicly publishing the 737 Max notice, the FAA reported a separate anti-icing issue with the 787 Dreamliner. It said a damaged seal could cause heat damage to an engine inlet — and risk serious damage to the plane.
In 2018, an outer covering of an engine cowling that broke loose on an earlier version of a 737 jet shattered a window on a Southwest Airlines flight. The passenger sitting next to that window, Jennifer Riordan, 43, was expelled through the broken window. While other passengers were able to bring her back inside, she died as a result of blunt impact trauma of the head, neck and torso.
Boeing is working on redesigning the part on the 787 Dreamliner engine to prevent further issues, Kowal said. The issue was discovered on fewer than two dozen of over 1,000 Dreamliners in service, she said.
The FAA described neither issue as a production quality problem — which is its current focus at Boeing following the January in-flight blowout.
The FAA orders have not yet taken effect, but said they would apply to about 315 planes, including both Maxes and Dreamliners.
Series of safety and quality questionsBoeing drew criticism from lawmakers after the January 737 Max mid-flight blowout for having asked the FAA to certify new models of the 737 Max despite a different flaw in the anti-ice system. The company ultimately withdrew that request, which will delay its plans to deliver the new planes to its airline customers.
But it continues to build existing models of the jet with the same engine de-icing flaw that is delaying certification of the next Max versions.
RELATED ARTICLEBoeing was once known for safety and engineering. But critics say an emphasis on profits changed that
In addition to the de-icing equipment issue, Boeing has been stung by numerous questions about the quality and safety procedures at its factories.
The National Transportation Safety Board is looking into the causes of the incident and already found that four bolts needed to hold the door plug in place were missing when the plane left a Boeing factory in October.
The FAA is also demanding that Boeing come up with a plan to improve its quality controls for its aircraft manufacturing.
And the Justice Department is investigating whether the incident is a violation of a settlement it reached in 2021 to defer prosecution on charges that it defrauded the FAA during the original certification of the 737 Max before two fatal crashes resulted in a 20-month grounding of the plane.
The NTSB has yet to determine blame or fault for the door plug incident on the Alaska Air flight. That will come later in its investigation, perhaps a year or more from now. But Boeing CEO Dave Calhoun told investors in January, “ We caused the problem, and we understand that. Whatever conclusions are reached, Boeing is accountable for what happened.” |
| Boeing keeps setting new highs! When will it split? | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
From: Thomas M. | 3/7/2024 8:47:01 PM | | | | A United Airlines Boeing plane was forced to make an emergency landing in Texas just minutes into its flight after flames exploded from one of its jet engines.
Shocking video shows the bright orange sparks shooting several feet out from beneath the left wing of the airplane, just inches away from the passenger windows.
The intense flames were so hot that they appeared almost white against the night sky.
nypost.com
Tom |
| Boeing keeps setting new highs! When will it split? | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| |