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PostMar 15, 2024#376

Airbus also has a bunch of planes currently grounded due to a possible engine defect. With more to be parked in the near future. One airline already went into bankruptcy because of it. So Boeing isn’t alone with problems

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PostMar 15, 2024#377

stlbaggins wrote:
Mar 15, 2024
"Boeing aircraft have had far far more accidents/incidents over the last handful of years than Airbus."

Handful of years doesn't sound that quantitative.
Ok, fine. Since at least 2017, Boeing has had far far more incidents/accidents than airbus.

PostMar 15, 2024#378

jshank83 wrote:
Mar 15, 2024
Airbus also has a bunch of planes currently grounded due to a possible engine defect. With more to be parked in the near future. One airline already went into bankruptcy because of it. So Boeing isn’t alone with problems
That’s a Pratt & Whitney defect, not an airbus defect.

And last I read, Airbus has been very forthcoming and engaged in the grounding and repair process for these planes, behavior Boeing seems to struggle to emulate.

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PostMar 15, 2024#379

Yeah Boeings business practices are fair game.  I question how truly informed people here are on the subject but regardless its fine.

I just don't like people implying that they murdered a guy because he was going to blow whistles on him.  Something like that is straight criminal and accusations should be based on tangible evidence.

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PostMar 15, 2024#380

Phew, good thing no one implied that.

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PostMar 15, 2024#381

Its all there people can judge for themselves what was implied by what's written.

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PostMar 15, 2024#382

Is Airbus still subsidized by European governments?


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PostMar 19, 2024#383

Yes.

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PostMar 19, 2024#384

Boeing weighs sale of defense assets as crisis continues: Report
The Boeing Co. (NYSE: BA) has explored the sale of at least two of its defense businesses, according to a Bloomberg report, but a company spokesperson said the potential asset sales would not affect operations in the St. Louis area.
The news organization, citing anonymous sources, reported that financial advisers over the past year have contacted potential buyers on Boeing’s behalf to determine interest in several smaller units. Assets that could be sold include Boeing’s Digital Receiver Technology Inc. and its stake in United Launch Alliance, a rocket-launch joint venture with Lockheed Martin, according to Bloomberg.

The company spokesperson didn't confirm the Bloomberg report to the Business Journal, but indicated Boeing's St. Louis-area operations wouldn't be impacted based on the assets named in the report. The potential sales come as Boeing continues to grapple with a crisis in the aftermath of a section of a Boeing 737 Max 9 plane that blew out in January during an Alaska Airlines flight. The aerospace giant, headquartered in Arlington, Virginia, confirmed earlier this month that it was in talks to buy Wichita, Kansas-based Spirit AeroSystems Holdings Inc., which makes fuselages for the 737 Max jets. That could cost Boeing about $3 billion, based on Spirit AeroSystem’s market capitalization.
In 2008, Boeing completed the acquisition of Digital Receiver Technology, a company based in western Maryland that manufactures wireless surveillance products for defense and other government customers, Military + Aerospace Electronics reported.
United Launch Alliance primarily sends classified payloads for the U.S. government into orbits from launch pads in California and Florida. Last month, arstechnica.com reported that Blue Origin, the rocket company owned by Amazon founder Jeff Bezos, had emerged as the finalist to buy United Launch Alliance, which is based in Centennial, Colorado.
Bloomberg also reported Tuesday that Boeing’s process to explore selling its Argon ST subsidiary is on hold. Boeing purchased Argon, headquartered in Fairfax, Virginia, for about $775 million in 2010. The company develops systems for military command and control. The acquisition was part of Boeing's strategy to address cyber and intelligence markets.
Boeing is one of the largest employers in the St. Louis region, with nearly 16,000 employees working at three facilities, in St. Louis, St. Charles and Mascoutah, Illinois, according to Business Journal research. It produces a number of military aircraft and weapons systems locally including the F/A-18 Super Hornet, EA-18G Growler, F-15 Eagle, eT-7A Red Hawk, MQ-25 Stingray, Joint Direct Attack Munition, Harpoon and Small Diameter Bomb. Additionally, the St. Louis Composite Center of Excellence manufactures composite parts for the Boeing 777X commercial aircraft.
https://www.bizjournals.com/stlouis/news/2024/03/19/boeing-weighs-sale-defense-assets-continues-report.html

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PostMar 20, 2024#385

Maybe Boeing should go the way of Douglas and cede the commercial market to the EU. And concentrate on defense. Commercial may need government subsidy or cheaper labor nowadays to succeed.


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PostMar 21, 2024#386

^ Maybe go private? Not sure even if Warren Buffet could pull that off and scared of the idea Elon Musk ruling the skies and space.   

But to some other thoughts that are even more scary to me.  Will Boeing's board room focus on Wall street all these years and ignoring the shop floor leave America without a world class commercial aviation manufacturer? Boeing's planes are still some of the most valuable exports that this country still has to offer and does anyone even have a chance in this world to even start up a new company building from ground up.  Starting an airline is tough but a Boeing or Airbus wide body is an all different level.    What scary for Boeing even if you go all defense.  At what point does even the US government/DoD says it can't rely on its productions

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PostMar 22, 2024#387

gary kreie wrote:
Mar 20, 2024
Maybe Boeing should go the way of Douglas and cede the commercial market to the EU.  And concentrate on defense.  Commercial may need government subsidy or cheaper labor nowadays to succeed.


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So let Airbus hold an absolute monopoly on commercial airplane manufacture? That would be extremely anti-consumerist in every sense of the term.

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PostMar 22, 2024#388

The 3 top shareholders of Airbus are the governments of France, Germany, and Spain.

And here is a very recent Forbes piece that says Airbus wants NEW subsidies to design a new smaller A320 powered by hydrogen.
https://www.forbes.com/sites/lorenthomp ... 5010e2a015

We have to ask ourselves if we want a domestic commercial airline industry or not.  We once gave away our chip industry to Taiwan.  But now we are trying to rebuild it with billions in subsidies to Intel for a massive plant in Arizona.  Is this the future path of airliner production?

Largest shareholders
The 10 largest shareholder of Airbus in early 2024 were:
  • Government of France (10.86%)
  • Government of Germany (10.84%)
  • Government of Spain (4.090%)
  • The Children's Investment Fund Management (3.020%)
  • Amundi (1.478%)
  • Lyxor (0.7017%)
  • Crédit Mutuel (0.5964%)
  • Crédit Agricole (0.3600%)
  • Union Investment (0.2415%)

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PostMar 22, 2024#389

Production of St. Louis-made Super Hornets extended
The Boeing Co. (NYSE: BA) has signed a $1.3 billion contract to build 17 F/A-18 Super Hornets for the U.S. Navy, extending the manufacturing life of the St. Louis-made fighter jet by nearly two years.
“The Super Hornet remains a predominant aircraft in the carrier air wing and will continue to provide significant combat capability into the 2040s,” Rear Admiral John Lemmon, executive director of the Navy's tactical aircraft programs, said in a statement.

Boeing announced in February 2023 that it planned to end production in late 2025 of the Super Hornet following completion of final orders for the U.S. Navy. The contract award signed March 19 by Boeing and the Navy takes production of the Block III Super Hornets into spring 2027. The 17 fighter jets are in addition to the 78 Super Hornets currently being built at Boeing’s operations in north St. Louis County. Block III is the most advanced version of the Super Hornet. The extension of Super Hornet production is the result of the Navy and Boeing negotiating a new-build contract after Congress inserted funding for new fighter jets into the fiscal year 2022 and 2023 defense budgets.
“Years of hard work by a lot of people went into getting this deal done. Our team created and finalized a contract that is right for Boeing and right for the warfighter,” Boeing Fighters Vice President Mark Sears said in a statement.
The Navy expects the delivery of the new 17 Super Hornets to start in winter 2026 and be completed in spring 2027, according to the Naval Air Systems Command. The work will be done by existing employees, a Boeing spokesperson said. The company has said about 1,500 employees work on the F/A-18 aircraft, with the majority based in the St. Louis area.
The aerospace giant’s website shows 250 positions open in the St. Louis area as Boeing is doubling the production rate of the F-15EX fighter jet. The T-7A Red Hawk trainer for the U.S. Air Force and MQ-25 Stingray unmanned refueling aircraft programs are ramping up production. Decisions are also expected this year on the sixth-generation fighter jets and autonomous wingmen drones using artificial intelligence for the Air Force and Navy, part of the Pentagon's strategy to use swarms to attack targets.
https://www.bizjournals.com/stlouis/news/2024/03/22/production-of-st-louis-made-super-hornets-extended.html

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PostMar 30, 2024#390

Disturbing stuff.

The American Prospect - Suicide Mission
What Boeing did to all the guys who remember how to build a plane

https://prospect.org/infrastructure/tra ... on-boeing/

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PostMar 30, 2024#391

Surprising these Boeing Apache helicopter crashes aren’t getting more pub. I think this makes 4 or 5 training crashes just this year.


U.S. Army investigates 2 Apache helicopter crashes within 48 hours

https://www.axios.com/2024/03/28/army-a ... er-crashes

https://www.msn.com/en-us/news/us/four- ... r-BB1kINKH

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PostMar 30, 2024#392

Boeing is also involved in the now grounded CV-22 Osprey's.

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PostMar 31, 2024#393

^ The Osprey is still statistically much safer than the Blackhawk (aka the "Crash Hawk").

In any case, rotorcraft are inherently much more dangerous than most other forms of aviation. Despite that, rotorcraft safety stats have been trending upwards for decades.

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PostApr 01, 2024#394

^He's got a serious point. We're moving past the old days of helicopter training. Today, it's "if" you crash. It used to be "when" you crash. Many veteran helicopter pilots are survivors of multiple crashes. Safety's definitely on the upswing. I'm furious at Boeing for their new culture of craptastic manufacturing, but I'm not ready to throw the rotorcraft on the same pile as the rest of the jetliner manufacturing hell. Not yet. Give me time. 

Meanwhile... The Brownleigh site at STL Lambert Airport is in serious development mode. Almost all the ground is overturned. James S McDonnell Blvd is blocked off at the site, where they'll eventually build an apron between the runway and the new buildings. No announcement has been made on either the Next Generation Air Dominance (NGAD) fighter, the Navy's sixth-generation fighter (F/A-XX), or the related drone programs. Last I heard, Boeing and Lockheed-Martin are going heads-up for the NGAD while Northrup-Grumman is going all-in on the F/A-XX and a whole lot of smaller players are joining the big boys for the drone contracts. Having this site under full development now really helps our chances of winning at least one contract and perhaps multiples. We know the Brownleigh is already destined for new Phantom Works programs regardless of contract awards. All we really can say today is this looks like the future of advanced manufacturing in STL, and it's getting off to a pretty damn big start. Good times. 

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PostApr 01, 2024#395

gone corporate wrote:
Apr 01, 2024
^He's got a serious point. We're moving past the old days of helicopter training. Today, it's "if" you crash. It used to be "when" you crash. Many veteran helicopter pilots are survivors of multiple crashes. Safety's definitely on the upswing. I'm furious at Boeing for their new culture of craptastic manufacturing, but I'm not ready to throw the rotorcraft on the same pile as the rest of the jetliner manufacturing hell. Not yet. Give me time. 

Meanwhile... The Brownleigh site at STL Lambert Airport is in serious development mode. Almost all the ground is overturned. James S McDonnell Blvd is blocked off at the site, where they'll eventually build an apron between the runway and the new buildings. No announcement has been made on either the Next Generation Air Dominance (NGAD) fighter, the Navy's sixth-generation fighter (F/A-XX), or the related drone programs. Last I heard, Boeing and Lockheed-Martin are going heads-up for the NGAD while Northrup-Grumman is going all-in on the F/A-XX and a whole lot of smaller players are joining the big boys for the drone contracts. Having this site under full development now really helps our chances of winning at least one contract and perhaps multiples. We know the Brownleigh is already destined for new Phantom Works programs regardless of contract awards. All we really can say today is this looks like the future of advanced manufacturing in STL, and it's getting off to a pretty damn big start. Good times. 
I can't help but feel as if we are preparing for war.  The speed at which this expansion project has been approved by local government along with the quick construction start says a lot.  It's very untypical for this kind of investment to happen without signed contracts.  I suspect the drone/wingman program will be built here.  Strictly a guess, but it sure looks as if the T-7A Red Hawk, which has been developed under the guise of pilot training, will be that platform.  We already know the aircraft was designed to function pilotless.  The drone fighter program has been a focus for the air force as the next wave in air superiority.  Enemies will need to contend with huge swarms of drones.  This means a s@#t load of these will be built. 

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PostApr 01, 2024#396

https://www.cnn.com/2024/04/01/politics ... index.html
Biden administration set to greenlight $18 billion sale of F-15 fighter jets to Israel


The Biden administration is close to approving the sale of as many as 50 American-made F-15 fighter jets to Israel, in a deal expected to be worth more than $18 billion, according to three people familiar with the matter.

The transaction, which would amount to the largest US foreign military sale to Israel since the country went to war with Hamas on October 7, comes as the administration is also expected to notify Congress soon of a large new sale of precision-guided munitions kits to Israel, the people said.

---

F-15s won’t be delivered immediately

Unlike the precision guided munitions, the new F-15s would need to be built from scratch and would likely not be delivered to Israel for 4-5 years.
Israeli officials have been urging the US to expedite the timeline if possible, CNN previously reported.
Along with up to 50 individual jets, the package also includes engines, gun systems, radars and navigation systems for the jets, three of the sources said. The package provides construction and contractor support and logistical infrastructure for training, sustainment, and maintenance of the fleet, as well as a mid-life update for Israel’s current fleet of F-15s.

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PostApr 02, 2024#397

^^ There's also the likelihood that Japan selects the T-7 as their next trainer, though whether those would be license built in Japan is yet to be seen. Plus, there's serious interest in an F-7 light fighter version of the plane.

Doesn't Boeing already make drones at Scott/MidAmerica? Be interesting to see if that site gets expanded further as well.

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PostApr 02, 2024#398

Trololzilla wrote:
Apr 02, 2024
^^ There's also the likelihood that Japan selects the T-7 as their next trainer, though whether those would be license built in Japan is yet to be seen. Plus, there's serious interest in an F-7 light fighter version of the plane.

Doesn't Boeing already make drones at Scott/MidAmerica? Be interesting to see if that site gets expanded further as well.
And they just added 2 more to the order for those also.
https://www.flightglobal.com/military-u ... 82.article

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PostApr 06, 2024#399

Boeing share price down 27%

Boeing CEO pay up 45%


https://www.ft.com/content/870be064-5bd ... 289ac9088b

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PostApr 06, 2024#400

As sh*tty as it looks, this is pretty common for lame duck CEOs. The pay is to keep them in place while they look for a suitable replacement. Otherwise, the CEO would just quit and put the company in an even bigger bind

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