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Bad News For Boeing Aircraft
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Mar 22, 2019 10:11:10   #
mas24 Loc: Southern CA
 
The two doomed Boeing 737 Max 8 aircrafts, lacked two optional upgrades, that could warn pilots about sensor malfunctions. That upgrade was to cost extra money. Just like decades ago, you paid extra for AC in cars. That feature is now standard in cars now. Boeing says now, that it will make that feature standard, worldwide, in all 737 Max 8 Aircrafts. In the meantime, Indonesia, which suffered from one of the crashes last October 2018, has told Boeing that is cancelling its $4.9 billion contract with them. Boeing is sending representatives to Indonesia to discuss the cancellation. For better or worse? Ethiopia, which suffered the second fatal crash, has not announced any cancellation of its contract with Boeing. Boeing, may be more concerned about its reputation, rather than a $4.9 billion loss in sales. It can overcome that loss.

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Mar 22, 2019 10:15:23   #
jerryc41 Loc: Catskill Mts of NY
 
mas24 wrote:
The two doomed Boeing 737 Max 8 aircrafts, lacked two optional upgrades, that could warn pilots about sensor malfunctions. That upgrade was to cost extra money. Just like decades ago, you paid extra for AC in cars. That feature is now standard in cars now. Boeing says now, that it will make that feature standard, worldwide, in all 737 Max 8 Aircrafts. In the meantime, Indonesia, which suffered from one of the crashes last October 2018, has told Boeing that is cancelling its $4.9 billion contract with them. Boeing is sending representatives to Indonesia to discuss the cancellation. For better or worse? Ethiopia, which suffered the second fatal crash, has not announced any cancellation of its contract with Boeing. Boeing, may be more concerned about its reputation, rather than a $4.9 billion loss in sales. It can overcome that loss.
The two doomed Boeing 737 Max 8 aircrafts, lacked ... (show quote)


Yes, Boeing screwed up, with help from politicians. The FAA has been losing power over the years. A great deal of the approval process is left of to the companies that build the planes. I bet there will be an exchange of money when Boeing meets with officials from Indonesia.

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Mar 22, 2019 10:37:05   #
fourlocks Loc: Londonderry, NH
 
jerryc41 wrote:
Yes, Boeing screwed up, with help from politicians. The FAA has been losing power over the years. A great deal of the approval process is left of to the companies that build the planes. I bet there will be an exchange of money when Boeing meets with officials from Indonesia.


Amen to that! It turns out the FAA allowed Boeing to conduct it's own quality control tests and Boeing's results were used for aircraft certification. I don't know who's worse at not doing their job, FAA or FDA. Either way, people die because our politicians need to "free companies from the burdensome shackles of regulations." Yeah right; just look at the banking industry to see how well business "self-regulation" works.

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Mar 22, 2019 10:45:40   #
jerryc41 Loc: Catskill Mts of NY
 
fourlocks wrote:
Amen to that! It turns out the FAA allowed Boeing to conduct it's own quality control tests and Boeing's results were used for aircraft certification. I don't know who's worse at not doing their job, FAA or FDA. Either way, people die because our politicians need to "free companies from the burdensome shackles of regulations." Yeah right; just look at the banking industry to see how well business "self-regulation" works.


There is a similar, but more serious situation, with the Atomic Energy Commission. That organization has seen its powers reduced by politicians for years. The private companies making a profit from nuclear electricity don't like interference, and the politicians are glad to keep them happy.

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Mar 22, 2019 10:48:16   #
rmalarz Loc: Tempe, Arizona
 
Boeing is most likely going require a septic tank pumper truck to even find its reputation at this point in time.
--Bob

mas24 wrote:
The two doomed Boeing 737 Max 8 aircrafts, lacked two optional upgrades, that could warn pilots about sensor malfunctions. That upgrade was to cost extra money. Just like decades ago, you paid extra for AC in cars. That feature is now standard in cars now. Boeing says now, that it will make that feature standard, worldwide, in all 737 Max 8 Aircrafts. In the meantime, Indonesia, which suffered from one of the crashes last October 2018, has told Boeing that is cancelling its $4.9 billion contract with them. Boeing is sending representatives to Indonesia to discuss the cancellation. For better or worse? Ethiopia, which suffered the second fatal crash, has not announced any cancellation of its contract with Boeing. Boeing, may be more concerned about its reputation, rather than a $4.9 billion loss in sales. It can overcome that loss.
The two doomed Boeing 737 Max 8 aircrafts, lacked ... (show quote)

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Mar 22, 2019 10:49:20   #
Fotoartist Loc: Detroit, Michigan
 
fourlocks wrote:
Amen to that! It turns out the FAA allowed Boeing to conduct it's own quality control tests and Boeing's results were used for aircraft certification. I don't know who's worse at not doing their job, FAA or FDA. Either way, people die because our politicians need to "free companies from the burdensome shackles of regulations." Yeah right; just look at the banking industry to see how well business "self-regulation" works.


Do you think the FAA magically understands Boeing planes better than they do? You're giving way too much credit to govt. regulation and intelligence. The marketplace will censure Boeing as it is already doing with their stock ($ billions of lost capital) and if they screw up again no one will buy or want to fly on their planes again and they know it. I'm sorry for the victims but this is what really works.

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Mar 22, 2019 10:51:57   #
mas24 Loc: Southern CA
 
jerryc41 wrote:
Yes, Boeing screwed up, with help from politicians. The FAA has been losing power over the years. A great deal of the approval process is left of to the companies that build the planes. I bet there will be an exchange of money when Boeing meets with officials from Indonesia.


Those two crashes resulted in 346 fatalities in just a 5 month period. Then China grounded their 96 each 737 Max 8s. Shortly after, President Trump announced the grounding of the planes. Compound that with the cancellation of a $4.9 billion contract. That's a big hit on Boeing's reputation.

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Mar 22, 2019 11:01:27   #
MSW
 
so, poor old Boeing will have to cough up some more baksheesh to some congressman or senator. will the CEO or the CFO 'take a hit?'


not in this lifetime...

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Mar 22, 2019 11:10:52   #
fourlocks Loc: Londonderry, NH
 
Fotoartist wrote:
Do you think the FAA magically understands Boeing planes better than they do? You're giving way too much credit to govt. regulation and intelligence. The marketplace will censure Boeing as it is already doing with their stock ($ billions of lost capital) and if they screw up again no one will buy or want to fly on their planes again and they know it. I'm sorry for the victims but this is what really works.



That's always been the political conservatives' and Big Industry's attitude: We don't need regulatory oversight because market forces and the legal system are there to protect our health and safety. Trouble is, the average person lacks the time and resources to sue a company like Merck or Exxon and yes, market forces may eventually drive Boeing to build safer aircraft, but that's not too helpful for the 346 people who died in those two plane crashes. I mean, would you board a plane thinking, "Well, this plane is known to have a defective autopilot system that could cause a crash but I'll take my chances and if something goes wrong, I'll contact my lawyer?"

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Mar 22, 2019 11:35:06   #
rpavich Loc: West Virginia
 
fourlocks wrote:
That's always been the political conservatives' and Big Industry's attitude: We don't need regulatory oversight because market forces and the legal system are there to protect our health and safety. Trouble is, the average person lacks the time and resources to sue a company like Merck or Exxon and yes, market forces may eventually drive Boeing to build safer aircraft, but that's not too helpful for the 346 people who died in those two plane crashes. I mean, would you board a plane thinking, "Well, this plane is known to have a defective autopilot system that could cause a crash but I'll take my chances and if something goes wrong, I'll contact my lawyer?"
That's always been the political conservatives' an... (show quote)


His point was that the FAA doesn't magically know all. Boeing (the designer) knows significantly more about the aircraft than the FAA (or anyone else for that matter) and just because there were two crashes doesn't mean that they did something negligent, it means that it happened.

Hindsight among armchair quarterbacks is always 20-20.

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Mar 22, 2019 11:37:46   #
Kraken Loc: Barry's Bay
 
rpavich wrote:
His point was that the FAA doesn't magically know all. Boeing (the designer) knows significantly more about the aircraft than the FAA (or anyone else for that matter) and just because there were two crashes doesn't mean that they did something negligent, it means that it happened.

Hindsight among armchair quarterbacks is always 20-20.


They didn't put the airbags in that vehicle, it's an added option.$$$$$

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Mar 22, 2019 11:38:59   #
DonB Loc: Port Royal , Tn
 
Hey Folks, What ever happened to pilot training? Being certified on xxx aircraft? two hundred hours in type for a copilot? ?
I agree, those attitude indicators are something new, but turn off the autopilot when it starts going crazy!
Yes, in today's' world Boeing will take a hit, however, look at all the safety gizmos that you can option on your new car. Did you option them or did you just settle for a "Plain Jane" car? Why didn't you get them, too much money for them?

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Mar 22, 2019 11:54:07   #
BB4A
 
I’ll try and provide a little positive energy to this topic. Here’s the 2019 Top Ethical Companies List:
https://www.worldsmostethicalcompanies.com/honorees/

Good to see that:
1. Several of my Clients & Partners are honored this year (including Canon USA)
2. Many of these companies are in my personal investment portfolio (yes, I actually believe that being ethical can also = profitability; call me a stupid optimist)
3. There’s a good amount of US companies represented here. Although we truly do have the best politicians money can buy, it’s refreshing to see that ethical business also thrives in this land of opportunity.

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Mar 22, 2019 12:11:27   #
SuperflyTNT Loc: Manassas VA
 
Fotoartist wrote:
Do you think the FAA magically understands Boeing planes better than they do? You're giving way too much credit to govt. regulation and intelligence. The marketplace will censure Boeing as it is already doing with their stock ($ billions of lost capital) and if they screw up again no one will buy or want to fly on their planes again and they know it. I'm sorry for the victims but this is what really works.


Shoulda known someone would start spouting free market crap. No the market will not police itself. While I’m not for over-regulation, when it comes to safety and the environment there is a real need for regulation.

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Mar 22, 2019 12:12:43   #
SuperflyTNT Loc: Manassas VA
 
fourlocks wrote:
That's always been the political conservatives' and Big Industry's attitude: We don't need regulatory oversight because market forces and the legal system are there to protect our health and safety. Trouble is, the average person lacks the time and resources to sue a company like Merck or Exxon and yes, market forces may eventually drive Boeing to build safer aircraft, but that's not too helpful for the 346 people who died in those two plane crashes. I mean, would you board a plane thinking, "Well, this plane is known to have a defective autopilot system that could cause a crash but I'll take my chances and if something goes wrong, I'll contact my lawyer?"
That's always been the political conservatives' an... (show quote)



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