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From: Miloch <Miloch_member@newsguy.com>
Newsgroups: alt.binaries.pictures.aviation
Subject: Re: Boeing shareholder meeting turns tense amid 737 Max crisis
Date: 30 Apr 2019 11:37:09 -0700
Organization: NewsGuy.com
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In article <XnsAA4187521B395noemailattnet@216.166.97.131>, Mitchell Holman
says...
>
>Miloch <Miloch_member@newsguy.com> wrote in
>news:qa792701t87@drn.newsguy.com:
>
>> https://www.cnn.com/2019/04/29/investing/boeing-annual-meeting/index.ht
>> ml
>>
>> questions about the 737 Max crisis at the company's annual meeting in
>> Chicago on Monday.
>>
>> Shareholders had a lot to gripe about. The company's stock has lost
>> about 10% of its value since the March 10 crash of an Ethiopian
>> Airlines jet, the second fatal crash of the company's bestselling
>> plane. A Lion Air 737 Max crashed under similar circumstances in
>> October. The second crash prompted a worldwide grounding of the 737
>> Max last month.
>>
>> The safety feature forces down the plane's nose if a sensor detects it
>> is climbing too fast and at risk of a stall. Apparently the sensor on
>> the two flights gave a false reading. Two weeks after the Ethiopian
>> crash, Boeing announced the software fix would add data from a second
>> sensor that measures the horizontal tilt of the plane.
>
>
> I sm surprized top managers were not hauled
>out of the meeting and hanged from the nearest lamp
>poles. The worst PR blunder in the company's history,
>airlines all over the world cancelling sales orders,
>no one is flying their product, and Boeing cannot
>even explain the problem much less post a deadline
>for fixing it.
>
> The stockholders at Airbus must be overjoyed.
>
>
Airbus has nothing to brag about...
https://simpleflying.com/was-the-a380-programme-profitable/
...Overall
The A380 has been a popular aircraft among aviation enthusiasts and passengers
alike. Even though Airbus will end the program in 2021, we will most likely see
the aircraft for years to come.
Airbus admitted that it was probably ten years too late when it introduced the
A380. Some people say that the project was doomed to fail from the beginning.
Additionally, it looks like Airbus never even came close to making a profit with
the airplane.
*
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