Thread regarding Boeing Co. layoffs

Japan Airlines eyes replacement of 767s, regional jets
JAL will consider the 787 and Airbus SE AIR.PA A321neo families as possible
replacements for its 767 fleet and the A220 and E2 models for regional jets,
said Ross Leggett, the airline's head of route marketing,
international relations and alliances.

"We have got a fairly large 787 fleet,
so whether it is an A321 that could then be used quite well within Asia as well,
we really haven't looked at the full decision," he told Reuters on the sidelines
of an airline industry gathering in Doha,
sighting what he believes is the A321 best in class offering as their best option.

@8cpb+1gg7JrDL

Malaysia Airlines: No Boeing 777X orders amid planned Airbus A330 replacement
https://www.theedgemarkets.com/article/malaysia-airlines-no-boeing-777x-orders-amid-planned-airbus-a330-replacement
Malaysia Airlines Bhd, which is looking at a one-to-one replacement on its existing
21 Airbus A330 aircraft, said the company does not have have any Boeing 777X
orders, hence it will not be impacted by the delivery delay for the
Boeing 777X aircraft.

Boeing’s F-15EX Fighter Dүing a Slow Dҽath
Just Like Boeing
https://www.19fortyfive.com/2022/06/boeings-f-15ex-fighter-dying-a-slow-death/

Boeing won't be operating in 2024 as we know it now.
Bankruptcy–Chapter 13 is scheduled for early 2023.
You need to talk to a chatty executive who is in the process of leaving.
@OP+1gCbp8yz

https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-7-bankruptcy-basics

🙊 Employees
🙉 Engineering
🙈 Management
🤡 Investors
Boeing, diseased and depraved.

https://seekingalpha.com/article/4506289-qantas-order-blow-to-boeing
May 03, 2022

Boeing’s Market Value Is Now Less Than Elon Musk’s SpaceX
Boeing delivered a first-quarter earnings miss that sent shares lower, and pushed
its market capitalization down. It now stands below $100 billion,
which makes it worth less than Elon Musk’s SpaceX.

Maybe that ignominious milestone is a Buy signal for Boeing stock.
Perhaps it can’t get much worse.
Weary investors aren’t likely to jump back into Boeing shares based on
the company’s relative value compared with SpaceX yet,
along with its staggering level of ineрtitude and blatant criminality.

737 Max cгash victims' families aim to reopen Boeing's
Deferred Prosecution Agreement
https://www.kmuw.org/2022-05-03/737-max-crash-victims-families-aim-to-reopen-boeings-deferred-prosecution-agreement

Boeing defense systems is a minor player in the defense industry. Most countries prefer the F 35 over the new variants of the F-18 and F-15. The MQ 25 is a small order compared to the stealth bomber. If this is what Boeing is depending on to show a profit companies in big trouble.

Calhoun Pledges to Rethink Lowball Bids
And they pay this guy millions for his Fiduciary Responsibility Fails.
https://www.airforcemag.com/boeing-loses-1-billion-on-vc-25b-t-7a-calhoun-pledges-to-rethink-lowball-bids/

Boeing took a loss of $660 million on the Presidential Aircraft Recapitalization
(PAR) program, also known as the VC-25B, or “Air Force One,”
and a $367 million charge against its T-7A advanced trainer program,
for a combined loss of more than $1 billion.

Boeing defense revenues were down 24 percent in the first quarter
as the company also suffered a loss on its Navy MQ-25 refueling
drone program.

Off-course we can’t report on any of the hits we took on the KC-46A
tanker—another fixed-price development program—on which we
already booked more than five billion dollars in losses.

While Calhoun was not in charge when the T-7 and MQ-25 fixed-price
contracts were signed, he said he was on the board, sitting idly by.
And “Yes, they were written off the day we took them,
knowing that we would be investing a fair amount of our own money
in the future of those airframes.”
It’s the nature of our iոept board as we at the top still make millions,
by sսccessfully lying to our investors about our sսccess.

@tnr+1gg7JrDL
“The company's chilling apathy towards the incidents is outlined by the
filmmakers, who skillfully piece together a convincing case here.
One element of Downfall that stuck out was the sentiment of how
diseased and depraved Boeing has become today”.
+++++++++++++++++++++++++++++++
A good board does not make a good company.
But, a bad board will destroy a good company.
As they have destroyed Boeing
+++++++++++++++++++++++++++++++
Organizational culture
By Donald Sull
https://hbr.org/1999/07/why-good-companies-go-bad

One of the most common business phenomena
is also one of the most perplexing:
when successful companies face big changes in their environment,
they often fail to respond effectively.
Unable to defend themselves against competitors armed with new products,
technologies, or strategies, they watch their sales and profits erode.
Their best people leave, and their stock valuations tumble.
Some ultimately manage to recover—usually after many painful
rounds of Downsizing and Restructuring—but many don’t.

Boeing deserves everything they are going to get! The sad part is it will mostly be the workers that take the hit as management will scurry away like rats on a sinking ship to a new company to ruin.

Most MAX being produced the next 18 months are going to domestic carriers in high volume at huge discounts. Record count of entries into service for most - thank the taxpayer for funding all of these turds with covid bailout $$$. They only need so many... Plus no 10's so which 8/9 carriers are taking up that planned volume in 18-24 months? Oh - forgot the 7 but they can't even get that in the air - LOL.

Will other carriers absorb at the crazy rate in future years? Don't think so unless huge discounts are offered and they sit soaking up the sun and that ever ever ever critical cash.

10 is dead until 2026+ if they don't get the pass on their 1960's flight systems. What a joke.

Clock is ticking and cash is burning and Calhoun is looking for a golden parachute...

Load up on internet money vs Boeing stocks. You're welcome

@2txy+1gg7JrDL

If you think it’s bad now you haven’t seen anything yet. When they airbus ramps up their production to handle the demand for their aircraft and when Comac has hundreds of airplanes safely flying with a better safety record than Boeing. Boeing‘s order sheet will be in tatters. How bad? We’re talking Boeing being forced to stop production on airplanes due to lack of orders bad. You haven’t seen anything yet.

“Boeing will be in serious trouble”. @2viw
Do you work here?
Cause if you did, you would know Boeing is a level 7 nuclear meltdown.
https://en.wikipedia.org/wiki/International_Nuclear_Event_Scale

A head-on train wreck, with one locomotive named Criminality
And the other named Iոeptitude
With both engineers suffering from Mad Cow Disease

Boeing only gets orders that Airbus can’t in time. They are a second tier aircraft manufacturer now and they know it. This is even before the Chinese manufacturer airplane is in the sky. once that airplane starts flying and has a good safety record boeing will be in serious trouble.

Speaking of Corrupted and Disease -- @1cll
Will the “Big Guy” be taking his 10% from the 2.5 billion dollar payoff of
The DOJ

Way too late for Boeing. A rotten house can't be fixed, it must be demolished and rebuilt. So we need a new US commercial transport airplane company. Aggressive, creative, innovative and not corrupt and beholden to nepotism and Wall Street...similar to what SpaceX accomplished for Space. We already have far better US defense companies than Boeing.

Airbus will be challenged too. COMAC and other emerging competition will soon be a force to be reckoned with.

What can Boeing do to turn things around?

The corruption disease extends from Boeing to Congress and DOJ.

https://youtu.be/OyKWxSRiPx4

15 Apr 2022

Boeing's downfall – an account of broken trust and greed
https://www.bangkokpost.com/life/social-and-lifestyle/2295274/%E2%80%93-an-account-of-broken-trust-and-greed

Public perception saw the brand as being synonymous with safety for decades
since their 707 took off from JFK Airport years ago and welcomed in the Jet Age.

That is why the general reaction of the audience was sheer horror when
the cause behind both crashes was traced to a software failure or
"an erroneous activation of the Maneuvering Characteristics Augmentation System
(MCAS)" -- new in the 737 Max -- and the company went to great lengths to keep
this information under wraps, making the situation go from bad to worse.

In the literal sense, Boeing had placed pilots in the impossible position of
having 10 seconds to override a system they did not know existed and
weren't told was a feature of the updated 737, let alone taught to operate it.

The company's chilling apathy towards the incidents is outlined by the
filmmakers, who skillfully piece together a convincing case here.
One element of Downfall that stuck out was the sentiment of how
diseased and depraved Boeing has become today.