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NNTP-Posting-Date: Tue, 30 Apr 2019 20:21:50 -0500
Newsgroups: alt.binaries.pictures.aviation
Subject: Re: Boeing shareholder meeting turns tense amid 737 Max crisis
From: Mitchell Holman <noemail@verizont.net>
References: <qa792701t87@drn.newsguy.com> <XnsAA4187521B395noemailattnet@216.166.97.131> <qaa4kl06du@drn.newsguy.com>
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Miloch <Miloch_member@newsguy.com> wrote in
news:qaa4kl06du@drn.newsguy.com:
> 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
>>>
>>> tough 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.
The A 380 was safe, it just misjudged the
market for jumbo airplanes, just like the Edsel
misjudged the market for huge sedans.
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