Todos
← Back to Squawk list
Is it too late for Boeing to develop a mid-range aircraft?
SEATTLE — The American aircraft manufacturer may be reviving plans for a new aircraft to serve medium-haul flights, but the story of the Boeing 757 shows that timing can be everything. (www.airlinerwatch.com) Más...Sort type: [Top] [Newest]
At this point Boeing is unlikely to recover the development costs as Airbus skims the market width the 321 variants unless they down size the 787 model prorating their costs. New technology however will be prohibitively expensive as they recover from the double hit of COVID and the MAX grounding. They have much the same problems competing vs. the A220 products.
Serving their investors definitely paid off well, didn't it. They need to play MAJOR catch up after wasting so much time trying to kill their unions and address the 'Max issue'. They are starting with a whole list of forced errors as they trashed their corporations history. Boeing IS an engineering company. To deny it is just completely devoid of any amount of logic!
Every older Boeing plane that is still flying is a commanding indictment of the past president who patted himself on the back for killing Boeing's engineering ethic. Engineering makes planes fly! Engineering tends to cost money though. Many engineering projects end with nothing salable. Investors do not want to pay for basic research. They want to pay for The Next Big Product, because they get their money back in earnings, and if something they pay for doesn't increase earnings, it's a waste of money.
Ironically, that is why many (most?) nations actually fund basic research so that when it doesn't work out, the business just pays back some of the cost, but if it turns out to be The Next Big Product Ever, the government is a secured creditor, and is paid back over time.
So would I feel better in a new medium haul Boeing plane, or an established Airbus medium haul plane.
Airbus, hands down. (Until Boeing pulls their head out of their investors butts)
Every older Boeing plane that is still flying is a commanding indictment of the past president who patted himself on the back for killing Boeing's engineering ethic. Engineering makes planes fly! Engineering tends to cost money though. Many engineering projects end with nothing salable. Investors do not want to pay for basic research. They want to pay for The Next Big Product, because they get their money back in earnings, and if something they pay for doesn't increase earnings, it's a waste of money.
Ironically, that is why many (most?) nations actually fund basic research so that when it doesn't work out, the business just pays back some of the cost, but if it turns out to be The Next Big Product Ever, the government is a secured creditor, and is paid back over time.
So would I feel better in a new medium haul Boeing plane, or an established Airbus medium haul plane.
Airbus, hands down. (Until Boeing pulls their head out of their investors butts)
I agree with you. This squawk is also relevant: https://flightaware.com/squawks/view/1/7_days/popular_new/82734/Will_Boeing_Become_The_Next_McDonnell_Douglas.
And I'm stunned it's not in the negative three digits, or more. Boeing lost its mojo. It lost its way. It got distracted by the flashy lights and shiny things, and crooks realized they could make Boeing their piggy bank. They could literally 'make money' for themselves.
Bad management. They thought they could cut and paste bigger engines on an older plane design, and then bandaid it and together with a compliant regulator, pass it off as good, and ride it as a Gravy Train to the promised land of huge bonuses and more stock buy backs. Easy street...
Boeing was, in essence, mugged by Wall Street.
And now they are killing themselves. Moving all production to South Carolina is a huge mistake. But it means more money for investors and bonuses for 'management'. Sad...
Bad management. They thought they could cut and paste bigger engines on an older plane design, and then bandaid it and together with a compliant regulator, pass it off as good, and ride it as a Gravy Train to the promised land of huge bonuses and more stock buy backs. Easy street...
Boeing was, in essence, mugged by Wall Street.
And now they are killing themselves. Moving all production to South Carolina is a huge mistake. But it means more money for investors and bonuses for 'management'. Sad...
They dropped a hugh ball by killing the 757 line as opposed to creation a NEO version..
I LOVE the 757! It's a great plane. I've flown is many of them over the years, and they are comfortable, and easy to fly as pilots have said over and over again. One I read said they should have cancelled the 767 instead. *shrug*
They could have shortened the 757 and saved more money than cut and pasting big engines on the 737. DOH!!!
They could have shortened the 757 and saved more money than cut and pasting big engines on the 737. DOH!!!