40 Burst results for "Boeing"

Fresh "Boeing" from KNX Evening News

KNX Evening News

00:35 min | 10 hrs ago

Fresh "Boeing" from KNX Evening News

"Lay on the ground unresponsive, multiple deputies mounted his back and one of them used at me on the back of his neck, preventing him from breathing 70 years. Motor Rivera docks ended mixed on this first day of the trading week with Now in the S and P higher, but the NASDAQ in a slump, the Dale climb 358 points more than 1%. The S and P rose more than 1/4 of a percent, and it's close to its all time high, while the NASDAQ gave up 10.4%. It was a banner day for travel Stocks. Airlines hotels, cruise lines all rallied after weekend numbers from the government indicated travel demand is improving and Boeing, which would benefit from or air traffic rose 5.5%. Eastman Kodak stock crashed down nearly 29%. That huge loan had got from the government to pivot to production of virus related drugs. It was put on hold. Federal regulators are investigating allegations of wrongdoing, including whether Kodak broke the law by telling some news outlets about the planned alone before informing investors..

Kodak Motor Rivera Boeing
FAA employees who oversee airplane makers report pressure

KYW 24 Hour News

00:32 sec | 2 d ago

FAA employees who oversee airplane makers report pressure

"Congress is worried about a new report dealing with safety issues on airplanes. Those built by Boeing, in particular report claims federal employees overseeing aircraft makers face pressure from the companies and fear retribution from their own bosses if they raise safety concerns. These FAA employees who were surveyed said they believe the agency managers or to concern about keeping the industry healthy. It would lose money if planes aren't certified quickly enough. Congress has been scrutinizing the FAA in the wake of the Boeing 7 37 Max Crashes.

Boeing FAA Congress
Fresh update on "boeing" discussed on WAOK On Air

WAOK On Air

01:16 min | 11 hrs ago

Fresh update on "boeing" discussed on WAOK On Air

"Did well in Delta did well, today, Boeing did really well today. So any of the airlines people are talking about, you know their start people talking about travel and things like that. And when are we going to start get back Numbers of air travel are starting to go up and up and up and up for us How many people are traveling again? So Just f y I and there was still no good news and other places be IOC still rolling Right along. They gained another what? Another 10% today, so Plenty of stuff still there, you know, out there and I'm telling you, if you get these medical things you gotta take the losses with the hips. I got some stuff that's just crapping out, man. I got some stuff that's crapping out right now. I got some stuff that's doing really well in the medical field with all So, um, But I'm telling you that I don't know the Delta and some of the airline's will get back to pre pandemic levels of their stock when they were pushing 60 when Delta was pushing 60 bucks was in the $60 Range but again, Okay, let me have let me have 50 bucks a share, and all of that will give you about 120% return. I'll take that. He told me that Delta is going to give me 101 120% return. Take it all day long. Right. Uh, there is one of the things you want to get into this whole. It's Shark Week this week, okay? It's Shark Week this week. Did you see this picture? This guy took Jarvis, Have you seen these great white sharks.

Delta IOC Boeing Jarvis
Air India plane crashes in Kerala after skidding off the runway

WTOP 24 Hour News

01:06 min | 2 d ago

Air India plane crashes in Kerala after skidding off the runway

"Risen to at least 17 in an airline accident in southern India. More than 120 people were injured when the plane skidded off a runway yesterday. The're India expressed. Boeing 7 37 was attempting to land in heavy rain when it went off the runway down a 35 foot embankment and broken too, says India's civil aviation minister. Rescuers worked a free trapped survivors on live TV Flight 13 44 from Dubai was bringing people home to southern India for the first time in months because of Corona virus related restrictions abroad. Investigators say 190 were aboard, including 34 Children, 13 of them infants. Captain, a former test pilot in the Indian air Force and his copilot are among the dead. More than 100 are hurt. Former NTSB board member John Goglia What? What the pilot what did he know from it? Traffic control is the ultimate decision maker. Did he make a bad decision was given bad information that led him to make a bad decision. That was CBS News Transportation correspondent Chris Van Cleef reporting it

India Chris Van Cleef Indian Air Force Ntsb Dubai John Goglia Boeing CBS
Fresh update on "boeing" discussed on Bloomberg Daybreak: Asia

Bloomberg Daybreak: Asia

01:02 min | 12 hrs ago

Fresh update on "boeing" discussed on Bloomberg Daybreak: Asia

"Number one ranked ash party, as well as rapid, al stained Rincon, Nicky radios have decided against competing due to Corona virus. Roger Federer will also not be playing after having surgery on his knee in the New York Mets Getting some bad news this picture Marcus Stroman becomes a second player in eight days stopped at this season due to Corona virus. Joining outfielder you won. This suspect is Stroman was coming back from a torn calf muscle and will be a free agent at the end of the season. Multiple sources are reporting that the Big 10 conference will cancel the upcoming college football season due to the pandemic. While the conference has denied it, reports say school presents for the 14 institutions voted 12 to cancel the season. Pac 12 is also expected to cancel their season while the SEC SEC in the Big 12. I've yet to decide on Dan Sportsmen that your Bloomberg World Sports Update markets headlines and breaking news 24 hours a day at Bloomberg dot com. Bloomberg Business APP on Bloomberg. Quick Take This is a Bloomberg business Flash. Hi, everybody. 17 minutes past the hour. We update markets every 15 minutes here on Bloomberg Radio has mentioned Asian stocks faring reasonably well. This morning. The Nikkei up a little more than 1% with big gains in energy and materials there, and also the sex 200. Now about 2/10 of 1% of the cost be in Seoul is up about 8/10 of a percent, a similar type of day on Wall Street. The NASDAQ did not fare well. People move money out of some of the high fliers into value and cyclical names. The Dow was up 1.3%. The NASDAQ all 4/10 of a percent. Broader S and P 500. Edging up about 3/10 of 1% and again their energy in industrials paved the way Boeing was up 5.5% on a report that more people are flying and on the outbreak. The pace of US viral infections is trending lower. That also helped in that rotational move. Singapore's economy just reported a big contraction in.

Bloomberg Marcus Stroman Bloomberg Radio New York Mets Roger Federer Nicky Radios SEC Calf Muscle Seoul Singapore Boeing Football
18 people killed in aftermath of plane crash on Indian runway

Bloomberg Finance

00:25 sec | 2 d ago

18 people killed in aftermath of plane crash on Indian runway

"Have died, 123 injured when a plane skidded off a hilltop runway while landing in a monsoon in the southern Indian state of Kerala today among the dead, both pilots says correspondent Boudicca sued in New Delhi. About 1 44 people are still in different hospitals. About 20 of them remain critical. No fire was reported on the Boeing 7 37 after it landed and broken to pieces. Can he do

Boudicca New Delhi Kerala
Fresh update on "boeing" discussed on  Investor's Edge

Investor's Edge

01:07 min | 13 hrs ago

Fresh update on "boeing" discussed on Investor's Edge

"How is Parker Hannifin running up to the highs Earnings down 23 revenues down 14. Hey, we're just reporting what's going on. The winds are changing into industrial materials. Airlines cruise lines. Let me back that up less so airlines cruise lines because the obvious reasons Energy. And this is stuff that's been dead, had one good rally into June and came all the way back down, reasserting itself today. You would almost believe that the market believes The the economy is about sort of the moon. Maybe a little, too. Works Earnings down 50 revenues down 29 before the pandemic findings and revenue it down. Brexit of new high ground that the clothes today on less than average volume, though, so I'm not so sure the institutions of jumping all over it, but That Caterpillar up seven today, not a new high ground, but earnings down 64 Revenues down 31 was up seven today. Boeing was up nine. That was 60 points. By the way, a little insider by bowing in the last week, and then I went to look at it the seat. Maybe it's gonna be a big inside a bye on Boeing Director board. 200,000 bucks worth would be So we think that changing the guard got a little more teeth up next more on the changing of the guard,.

Boeing Parker Hannifin Director
Air India Express crash: Investigators find black box data

WBZ Morning News

00:42 sec | 2 d ago

Air India Express crash: Investigators find black box data

"Voice recorder and the black box from from the the Air Air India India expressed expressed plane plane that that crashed crashed yesterday, yesterday, killing killing 18 18 people people has has been been found. found. India's India's minister minister of of civil civil aviation, aviation, visiting visiting the the crash crash site, site, refusing refusing to to say say anything anything about about the the possible possible cause cause of of the the crash. crash. It It is is visible visible never never to to speculation speculation because because all all the the data data which which is is required required for for the the investigation investigation will will be be contained contained in in those those black black boxes. boxes. This This two two year year old old Boeing Boeing 7 7 37 37 flew flew from from Dubai. Dubai. Too Too cozy cozy Coda, Coda, which which is is also also called called delicate delicate in in India's India's southernmost southernmost state. state. The The dead dead include include both both pilots pilots of of the the Air Air India India Express Express flight. flight. The The four four cabin cabin crew crew are are okay. okay. The The

India Dubai Boeing
Fresh update on "boeing" discussed on KRLD News, Weather and Traffic

KRLD News, Weather and Traffic

00:37 min | 14 hrs ago

Fresh update on "boeing" discussed on KRLD News, Weather and Traffic

"Had been a big topic of discussion on my Facebook feed recently. Everyone don't not. Milan, sure is. Carol. I don't even have Disney. Plus, so probably not. Carol. The news time. 5 24 we check your money, You know, guys once again we want into this first trading day of the new week with our plate very full. The news over the weekend. The president's side four executive orders toe. Try to help stimulate the economy and that played like you'd think it was seen as a positive But we have increasing tensions between the U. S and China that does not play well. The real focus came down to a couple of things today. On the one hand we heard for the T s a A checkpoint Stats show the highest level of boardings yesterday, 831,000 that we have seen since his home coat Cove in crisis began, so it helped Boeing and helped the airline's also really kind of help the economy. Gold was higher today, up another $8 in a dime 2036 The Dow was at 3 58 NASDAQ was down 42. But the S A B average. Was up nine. Locally, We had some big letters, Let IX up $2.86. That was a 3 58 David Johnson News radio.

Carol Facebook Coat Cove Disney Milan David Johnson Boeing President Trump China U. S Executive
Kerala plane crash: 'Black boxes' from Air India jet found

WBZ Morning News

00:39 sec | 2 d ago

Kerala plane crash: 'Black boxes' from Air India jet found

"From the Air India expressed plane that crashed yesterday, killing 18 people has been found. India's minister of civil aviation, visiting the crash site, refusing to say anything about the possible cause of the crash. It is visible never to speculation because all the data which is required for the investigation will be contained in those black boxes. This two year old Boeing 7 37 flew from Dubai. Too cozy Coda, which is also called delicate in India's southernmost state. The dead include both pilots of the Air India Express flight. The four cabin crew are okay. The

India Dubai
FAA employees who oversee airplane makers report pressure

AP News Radio

00:45 sec | 3 d ago

FAA employees who oversee airplane makers report pressure

"Some workers at the Federal Aviation Administration say they feel they're under pressure to limit their safety concerns about aircraft manufacturers only a fraction of the F. A. A. seven thousand workers responded to a survey about the agency's safety culture but many say they face pressure from manufacturers not to raise too many safety issues and fear retribution from their own bosses if they do they say top managers appear more concerned with companies like Boeing and making quick approvals Congress is investigating the F. A. A. oversight of Boeing and its approval of the troubled Max jetliner after two deadly crashes killed three hundred forty six people Jackie Quinn Washington

Federal Aviation Administratio Boeing Congress Jackie Quinn Washington F. A.
At least 14 people killed, over 100 injured when plane skids off runway in India

Dave Ramsey

00:32 sec | 3 d ago

At least 14 people killed, over 100 injured when plane skids off runway in India

"Are dead and 123 others injured. After an Air India Express flight in southern India crashed this morning, The aircraft on road from Dubai skidded off the runway while landing in heavy rain. It broke into two main sections. The plane did not catch fire and passengers were quickly evacuated. At least three dozen have been taken to the hospital. Local reports say that passengers were Indian nationals returning home. Air India Express is a subsidiary of Air India. The plane, a Boeing 7 37 Tom Rivers,

Air India Express Air India India Tom Rivers Dubai
Plane skids off runway in India, killing at least 14 and injuring over 100

10 10 WINS 24 Hour News

00:24 sec | 3 d ago

Plane skids off runway in India, killing at least 14 and injuring over 100

"Skidded off the runway in southern India. There was heavy rain falling at the time. Authorities say the Air India Express plane actually split in two but did not catch fire. It happened. In the state of Cara Cara La the plane was a Boeing 7 37 with 174 passengers onboard a new snapshot of the nation's workforce amid the pandemic. Here's correspondent Aaron

Cara Cara La India Aaron
Police say at least 14 people are dead and 123 injured after Air India Express plane skids off runway in southern India

Lynne Hayes-Freeland

00:18 sec | 3 d ago

Police say at least 14 people are dead and 123 injured after Air India Express plane skids off runway in southern India

"From New Delhi on that Air India Express flight that skidded off a runway and split into it happened while it was landing in heavy rain in southern India. 191 people are on board. There was no fire. It was a Boeing 7 37 30 to 40 people have been hospitalized and other passengers have been evacuated from that aircraft. One

Air India Express New Delhi India.
FAA: Boeing pressured safety workers at South Carolina aircraft plant

WBBM Evening News

00:44 sec | 5 d ago

FAA: Boeing pressured safety workers at South Carolina aircraft plant

"The Federal Aviation Administration wants to find Chicago based Boeing $1.25 million for alleged problems at a South Carolina plant. The FAA claims that in the first matter, Boeing pressure interfered with employees who were doing a safety inspection of a Boeing 7 87 9 jetliner at the plant in North Charleston. The second matter alleges between 2017 and 2019 Boeing had employees who handled the certification duties delegated from the FAA safety certification. Kind of stuff they were reporting to managers who were not properly certified, and for several months between September of 2018 and May of 2019 those managers allegedly exerted undue pressure or interfered with their work

Boeing Federal Aviation Administratio South Carolina North Charleston Chicago
FAA: Boeing pressured safety workers at SC aircraft plant

WTOP 24 Hour News

00:42 sec | 5 d ago

FAA: Boeing pressured safety workers at SC aircraft plant

"The FAA wants to find bowing $1.25 million for alleged problems in the South Carolina plant. In one case, the FAA said, Boeing pressured or interfered with employees who were doing a safety inspection of a Boeing 7 87 jetliner at the plant in North Charleston, The second matter alleges between 2017 and 2019 Boeing had employees who handled the certification duties delegated from the FAA safety certification kind of stuff. They were reporting to managers who were not properly certified, and for several months between September of 2018 and May of 2019 those managers allegedly exerted undue pressure or interfered with their

FAA Boeing South Carolina Charleston
Bowery Boogie . Captain and Owners Arrested for Liberty Belle Booze Cruise

Angelo Cataldi and the Morning Team

04:41 min | 5 d ago

Bowery Boogie . Captain and Owners Arrested for Liberty Belle Booze Cruise

"Thought I'd be done with this by now. It's month. Six of the pandemic, but everywhere you look, it's the same story with people of God. It's okay. Good Manhattan now Saturday night, 8 30 There's a river about in Manhattan called the Liberty Bell. Liberty Bell b e l l E. I used to have one of them here, didn't I guess? Well, the brilliant onus of the Liberty Bell, Ronnie Vargas and Alex Suazo thes two gentlemen. Ah, book. 170 guests for a wild party. No Mass, no social distancing. And what ended up happening was the word came out to the New York Police Department when they arrived at Pier 36 lower East side. The two owners were arrested for not not following the law. And I hope those guys are still behind bars today. Three days later Now what are they doing? Did the word not reached these two morons yet? Or did they cash whore with these 170 people with three months ago, they would die in By that you couldn't keep track of how many people died in the same city. What they don't What he had doubted your hobbies. Your stupid more. Adds 170. Payback. Think there's no payoff better? What do you think they're on a boat and there safe? I got one more outside says worse. This is that they're in a boat. The boat is this inside area. There's restrooms in about Shut down the fairy of Martha's try this thing. This one's not in a boat out. This is in a plane. Okay. Also over the weekend holiday trip, Amsterdam tto be za. The beat. Oh, yeah, that's a pillar of these. That's a party out is a part of you want to get on that boat, too Gentle bid to English passages out chugging Greg. A ce vodka kind of aria ever dated there with no idea they were chugging vodka, not wearing facemasks on a plane. Yeah, this plane This is 7 37 KLM Boeing 7 37 From my Amsterdam home of the red light district. While they're hookers wind up in the shop windows were going. You know what that is? They're headed. But these guys, this crew is heading to Abi's at the party. And what happened was they would not put on the mass, so a violent, incredible, highly Ah, viewable. I got some pictures there, but there's video of this. A massive brawl broke out, and people were throwing haymakers at the two vodka chugging English passengers. Wow, that this was complete Mayhem in the plane deal with these people who, like literally lose their minds over not wearing masks. Don't understand. I don't understand it, and I'm going to be honest with you. I'm not fully embracing and Abi's a vacation during a pandemic that also out keep keep keep keep. keep. Jones Jones went went to to a a visa visa with with his his daughters. daughters. Like Like a a couple couple of of years years ago. ago. My My daughter daughter goes goes every every year. year. It's It's extremely extremely expensive expensive while while they they rent rent the the big big beyond beyond the the big houses for like it, you get a whole bunch of people to rent a place. Message to the parties and to the moron emails who write to me with them. They won't stop. You're going to get more today. I'm still getting the stats on how this doesn't exist. All right, eh? My mom died. Maybe John Johnson's uncle? Yes, the well. It's a horrible story. When he's ready to tell. I love them to tell what happened because his his uncle Lau went from healthy to not alive. Quick in two hours, two days, all right. It's really And people innocent victims like that happen because you people too stupid to do the right thing. Sacrifice you morons. I hope they put every you know you guys that are running the gym and Velma. I hope you end up in jail, too, because you're stupid. That's why give me an amen And there's no cure for stupid. And

Liberty Bell Amsterdam ABI Manhattan John Johnson New York Police Department KLM Ronnie Vargas Jones Jones Velma Alex Suazo LAU Greg Martha
FAA proposes requiring four key Boeing 737 MAX design changes

Dan Proft

00:38 sec | Last week

FAA proposes requiring four key Boeing 737 MAX design changes

"The FAA spells out design changes needed in grounded Boeing 737 MAX jets after an 18 month investigation. The Federal Aviation Administration proposes several design changes for the Boeing 7 37 MAXjet before it can fly again. The 7 37 max jets were grounded worldwide in March 2019 after a 2018 crash in Indonesia and the 2019 crash in Ethiopia, which killed 346 people. The FAA proposes software changes to the M Cast flight control system that was implicated in the crash is the agency also wants to require a warning light two pilots that wasn't working on the planes that crashed I Mike

Federal Aviation Administratio Boeing MAX Ethiopia Indonesia
FAA Formally Proposes Fixes for Return of Boeing's 737 MAX

KCBS 24 Hour News

00:24 sec | Last week

FAA Formally Proposes Fixes for Return of Boeing's 737 MAX

"7 37 max Returning to the skies the government has unveiled today its list of proposed fixes to the grounded plane. The long list that includes changes to the Max's computer system, the rerouting of electrical wires. And the addition of a warning light system. The FAA says Boeing's proposed fixes to the Plains design as well as flight crew and maintenance procedures effectively mitigate safety issues. Chipotle has

MAX Chipotle FAA Boeing
Airbus Makes Autonomous Takeoff & Landing

STRUCK: A Lightning Protection Podcast

04:53 min | Last week

Airbus Makes Autonomous Takeoff & Landing

"Airbus they sell flying plane just completed successful to act a taxi takeoff and landing. So this is not a small plane either this was the eighth HR fifty one thousand X. WB. And obviously. full-scale like commercial, Wayne which is pretty cool. So is this getting close to market is something that's in our near future autonomous or we still a ways away why I kind of wonder if this is driven by all the can I, fly the plane like just GonNa be pilot to push the button no. Undefined that will not happen for a long time but I, it's a large airplane, the three fifty, a bigger playing the dash one thousand is is a very long aircraft. I think. Airbus's flexing their muscle a little bit and I think Boeing would have done it already to if they could have they got other problems right now they're trying to deal with. The ability to. Fly An aircraft autonomously of that size, and particularly taxi taxis the place where a lot more difficulties it is not easy. So. You have to have a very, very talented engineering staff to even get close to do something like that and great software engineers and with all the ev to. Electric vertical-takeoff-landing aircraft talking by being autonomous and Honeywell and some others and Garm, and doing a lot of things that are nearly autonomous. I'm not surprised they Airbus's stepped up and say, okay, watch this. No way no way they went to show that yeah. Airbus isn't playing either they if they wanted to do it, they could do it but on the other side. Airbus has watched some of the problems that Boeing and Airbus as had with politics make mistakes in the air and I know Boeing this past week talked about the CEO was talking about. How the aircraft is, GonNa. Be More autonomous in that. They were GonNa let pilots make as many. critical decisions whether they could get their craft in trouble and Airbus has been down that path. His was done that long ago. So I'm not surprised that Airbuses doing it. How how would they would ever? I don't think wherever to the point in the next ten years. I don't see there's going to be autonomous aircraft in a commercial sense either cargo or commercial flight. But if it does release some of the burden on the pilots and make the airplane fly cleaner and smoother on all that I would expect a lot of those pieces of information that to Airbus has developed on this project will be integrated into the aircraft over time will be well, how does this affect pilots in the long term? So say you know ten years from now pilots don't have to take off they don't have to land. And they don't have to do that much. Do they become quickly out of practice like actually having to do these things to say the system is like not working one day and they have to land it and haven't landed a plane in a hundred flights I mean is this Nina I mean like if you don't Cook dinner every night, you get rusty at at whipping up of really nice meal. You know what I mean yes I think that's totally true I it's just a nature. Outcome that it's inevitable the the other side of that is. Companies like Airbus and Boeing. Aircraft Company have the ability to create simulators and put pilots in simulators into them. Quote fly the airplane. because the the one thing you don't want to burn a bunch of fuel getting a pilot up to speed if you don't have to And if there's any complacency. The regulatory bodies like Yasa and the FAA will be all over it. And the the first people usually complain about not getting enough lifetime other pilots quite honestly they wanna be as. As. Ever that's that's the big push by all the pilots. Unions is proficiency proficiency proficiency and proficiency means seat time actually flying the airplane in fact I remember flying on southwest. A couple of times this that's been tennis years ago maybe a little bit longer. Remember flying I remember the aircraft being hand flown. For landing I thought boy that is so it's been a longest time that I've been on an aircraft been hand flown because he just put the out how do you put on the flight path and it just flies it but the south I ask southwest pilot while was leaving the airplane you flew that you flew that by hand all the way down he goes. Yeah. It's it's he said it's good for US pilots to fly the aircraft. It just gives us more proficiency. So I don't see this is taking over. Time. But I do think there are when having redundant systems or helpful systems on aircraft and pilots out of trouble.

Airbus Boeing Aircraft Company Garm Wayne Honeywell United States Yasa FAA Airbuses CEO Tennis
Origin Stories: Joe Coulombes Quirky Legacy at Trader Joes

Business Wars Daily

03:18 min | Last week

Origin Stories: Joe Coulombes Quirky Legacy at Trader Joes

"From wondering I'm David. Brown and this is business wars daily on this Monday August third. During the pandemic, the news has been rushing by faster than a bullet train. It's easy to get caught up in the daily news overlook the big picture. So this week we're taking a little step back in looking at the origin stories of some of America's most iconic companies I in our series trader. Joe's it's founder Joe Colom died in. March, at the age of eighty nine trader Joe's of course, is the neighborhood grocery chain that transformed millions of people, shoppers, and employees alike into cult-like fans. The impact of his markets has been so significant that the Washington Post called Coloma cultural icon there's no trader Joe's near You well, let me. Step back for just a second and tell you the story. It was nineteen, sixty, seven Joe Coolum. Thirty seven had built a chain of eighteen convenience stores in California when gigantic seven eleven came along and he realized he couldn't compete according to the New York Times. The had to find something else to do one day. Kulam read that sixty percent of young people who were qualified to go to college. We're going thank you GI bill. He also read that Boeing was building a plane, the seven, thirty seven that would give more people the opportunity to travel overseas the assumed more international travel would make Americans pallets more adventurous New York Times reported. The idea for trader Joe's a store with fresh produce, sophisticated flavors and good wine affordable prices was born he opened the first one in Pasadena California that year famously Kulon conceived of Trader Joe's is a store for the quote over educated and underpaid his stores would serve budding foodies who wanted something more than they could get it typical supermarkets but who couldn't pay a fortune for it and something? More was what he built quirky stores with. South. Seas flair shelves stocked with Exotic Cheeses and gourmet foods from other countries and eventually natural foods and organic produce. He also trained cashiers to be both friendly and authentic a tradition that continues. So strongly today that following colognes death one woman tweeted name one mental health professional that could teach me as much about emotional intimacy as a trader. Joe's cashier. The hawaiian-shirted workers often seem so unusually pleasant that people ask why they seem so happy. It isn't simply good customer service training that accounts for the smile. It's no Colom also believed in treating employees well, today according to the trader Joe's claims that its workers are among the industry's best compensated employees they receive annual raises ranging from seven to ten percent health insurance starts on. Day One more than one person tweeted that trader Joe's covered health crises that other companies would likely not such as the woman who claimed that her colleague faced a two million dollar bill for brain cancer treatments. But with trader, Joe's health insurance he paid nothing as the A. P. noted, many workers have stayed with trader Joe's for decades in an industry marked by high turnover. From colognes ethics good food at affordable prices came hundreds of store brand items like Granola in one, thousand, nine, hundred, ninety, two unheard of cookie butter and frozen Mac and cheese

Trader Joe Joe Colom Joe Coolum New York Times California Kulam Brown David Brain Cancer Washington Post America Founder Coloma MAC Pasadena Boeing A. P.
Accenture’s aerospace team reveals strategies for aerospace CEOs looking to the future

Aviation Week's Check 6 Podcast

05:09 min | Last week

Accenture’s aerospace team reveals strategies for aerospace CEOs looking to the future

"What is the state of aerospace and defense today, and what's your outlook for twenty twenty one and has that changed at all in the in the recent past Recent past go back into a January February odd things have changed dramatically. If you say recent past in terms of how feeling today for. So spilling back in in. June. Not Not nearly as much. I think know by sum it up I think I look at the industry and so almost tell two cities. If you remember that Dickens novel where on the commercial side, we have all kinds of things going on and you know the impact of airlines and the reduction in capacity, and now reduced number of aircraft being taken and all that kind of stuff going on dampening down you know the business and Yoga Cyber Defence and defence. Largely continuing to perform you know well There are some some issues. There are some blips in supply chain certainly related to things like covid. But it's really is tell to city and we look at Boeing and Airbus both announcing production rates and rate cuts, and of course, we have the existing 737 challenge facing history as well. No I think there's a different side of the coin when we start looking at what's happening on the defense side. And what is that different side of the coin much more positive right? Well, it's much more positive and you know this morning are. Reported there the results in in even just in our she concede example of the Tele two cities playing out. Right now and you know. I think. What I'd like to say is that looking at what's what we're hearing and if we were going to go into farmer air, show the share, which, of course, unfortunately, we did not every year accenture steps back and looks at kind of what we're seeing across the numerous research elements that we have our tech vision, our commercial index and supply chain research, and we look at the work we're doing for clients we look at what we're talking to our. Clients about in terms of where their priorities are. We look at what's going on in industry at large, and from that, we try to distill out what we think are really going to be the you know quote unquote stories to watch and weird do that this year Joe I think there's four things that I think would come out in their four things that I hear consistently I think pat would echo this well when we talked to sea level executives Across our clients defense and commercial, those four things are related to cash management number one number two supply chains smart manufacturing number three workforce in workforce impact in a before's is really rounding technology in systems in resiliency of those systems. into look thinking about where we are today in covert and and what companies need be thinking about as they look forward, their calendar twenty-one. Those four things are really top of mind. Pat, what's what are your thoughts had? We gone to Farnborough what were you prepared to be talking about I? Think the themes that John mentioned are spot on one concept that intertwined through cash management supply chain workforce and systems resiliency is really a need to continue the digital transformation the the level of of change that aerospace and defense companies are dealing with today is is really unprecedented and I think it's changed Focus of of trying to accelerate the agility of decision-making workforces is been fascinating topic. How has a house the debate on that changed in this? I mean, we had a lot of ish. A lot of the talk was about workforce shortages and now companies are laying off tens of thousands of people said, Short Term Blip, John, I mean what are you telling companies to do to be prepared for the workforce of the future? You know. It's interesting. If you think back a couple years, we're worried about the grace. ooh Nami and everybody retiring he let me go back back to January timeframe worried about shortages whether it's pilots are or people in the maintenance shops in of course, we see companies laying off and furloughing on the commercial side, but we also see companies on the defense side hiring, right? So I think Lockheed announced five thousand new hires northbound eight thousand new. Hires right. So it's almost again that tell see what's happening but I think you know the three things that were talking to clients lot about now in this code world where we have more people remark in remotely than we ever did before Amsterdam you have more you're gonNA WANNA add onto this but it's really about you know the people experience how how each individual worker is being interacted with with their company and that comes down to. How they were who they work with and how they get their work done. The second thing is around or Culture. The culture particularly, I think in our industry and maybe I'm biased because I'm in this of this industry but you know you walk into the building and you see the sign, you see the flag, you walk through the hallways almost any aerospace defense office or even in factory assembly floor, and you see the product you see pictures of the product you see people, pictures of people using the products I mean that helps build culture. Now, I, see the four walls of my Home Office or maybe it's my kitchen table or wherever I happen to be working remotely. It's it's a big topic these days how you manage in we'd and maintain culture in the third is really about the work itself and how the workforce works at work in Delhi deals with things like remote collectively high-performance compute environments. Can I get to those from homes cure environment

John PAT Twenty Twenty Home Office Boeing Dickens Lockheed Airbus Delhi JOE Amsterdam
EPA aviation climate control proposal

Airplane Geeks Podcast

03:55 min | Last week

EPA aviation climate control proposal

"First story comes from manufacturing dot net US says, it will adopt gradual climate standards for aviation. That's a line that kind of sparks some interest. Given the history with maybe the the European views of airplane emissions compared to. Well, the United States and some other countries as well. So what we have here, his the EPA, the environmental. Protection Agency has proposed new aircraft emissions regulations he and some people are criticizing them in other applauding them. Well, this proposal adopts the twenty seventeen emission standards from. The International Civil Aviation Organization. So Boeing and the Airlines for America Trade Group welcomed the proposal. Meanwhile environmental groups and even the EPA itself said that the proposed regulations would really have no meaningful effect. This is. Kind of frustrating I. Love Our current climate where we? Excuse the Pun where where the regulatory agency issuing the regulations is saying it's probably not the best thing that we've done, but here it is anyway I just. Kind of exasperating. Well, it is. It is the representative from the center for Biological Diversity. Had An interesting comment. that. Rip said they are literally just ANTIBAC- sliding provision. They don't require anyone to improve. They just say when doing stuff don't make it worse. Yes, but then you get credit for having done something even if you didn't well, I also that that I think that's the motto of Tonight's episode is we're doing stuff. Don't make it worse. Well, we should mention how much they are planning to reduce it They said that they plan to reduce greenhouse gas emissions for new aircraft by four percent over twelve years. So that's one percent what every three years. I don't know from just kind of engineering standpoint. That's very, very really little improvement in efficiency and I would think that just by occasionally burning a little biofuel, they can nail that one, another perspective I, it comes from the hill which reports that an analysis from the International Council on clean. Transportation. Found that most airlines in the United States covering more than three quarters of Asian demand already meet the K. KO standards. So, we don't WanNA get into politics. But here, here's some proposed regulations that. You know one group of individuals say don't have any teeth whatsoever. Their lines for America a a is commenting that this is nice. Balanced approach that kind of Addresses all the concerns but So. There we have it. It is just a proposal. I, don't know what the process is to Go forward with this, but it is a proposal, notice a of no, our PM's NPR 'em no. Yeah I I. Don't know. I don't know how the EPA does. I don't know if they do the same way. The FAA does that being? Developed briefly make that would possibly make sense. But that doesn't probably isn't how to happen.

EPA United States International Civil Aviation O Boeing Protection Agency FAA Center For Biological Diversit RIP America Trade Group Representative America International Council
"boeing" Discussed on The Science Show

The Science Show

04:20 min | 2 weeks ago

"boeing" Discussed on The Science Show

"Problem. Millions and millions and thousands of flights are going in and everybody got to destinations no issues. That may I. say the cost in fuel because here we are. The fuel is becoming more and more expensive. The climate change problems more more obvious. And there are experiments being done looking at Electric Planes Ryan, and even Sola driven plans which have flown. Yeah, and I think that's another great point that we'll see in the future of Boeing has been working on this for decades, and we've really been a leader in addressing those issues you think back to to nineteen seventy th first day, and really this the start the consciousness of taking care of mother Earth since that time Boeing has been working on building our planes that are green, starting with the some five seven and the seven six seven with the high bypass engines, and being designed for efficiency for saving fuel, and we've continued that recently. We've were doing a lot of. Of pioneering work with new fuels, biofuels, and you've seen a lot of airlines testing those out, but we've done allowed that work we have a program called the ECO demonstrator. We take a one of our commercial airplanes and put all sorts of experiments in it that will help find new ways to make airplanes even more efficient, even more green, but I think. If you really look at it, you'll see that this is one industry. It's far ahead of any other in really taking on that challenge to make our products green. How many staff people in Seattle have you got working for Boeing? Let's see here in Seattle. What do we have about forty forty thousand people I believe. Counted recently. I lost count the other day. Seattle is the home for our commercial airplane organization, and it's historically the home for the Boeing Company we also have a considerable amount of people spread across the country, working in our defense and space sites in Saint Louis, and down the southeast of the country hunts signs the other day doing experiment right well, and this is one of the really fascinating areas that we're working on our legacy of Boeing you know. Know we're in the midst of the fiftieth anniversary of Apollo and we look back at Apollo, the Boeing and the companies that have joined us. Our heritage companies McDonnell Douglas. North American. That was the team that went to the moon. We all team together back in nineteen sixties built that Saturn Apollo spacecraft, and since then every spacecraft that's carried NASA astronauts, every US built spacecraft except for the Lunar Lander landed on. On the moon everything from the x fifteen to the International Space Station and the space shuttle are all part of Boeing heritage, so we really have the only legacy of that, and so we're continuing now with the star liner and opening up this whole new era for humanity of of space travel just the same way. The airlines started like say hundred years ago while we're seeing that again today with opening travel. Travel to orbit and I think you're going to see in the future. That's going to grow rather quickly. When do you think we will have an electric plane? We're working on that now and I think there was some news just the other day and we have a partnership with the team new. Zealand and aircraft called the Kora which is an vitale. One of these air taxi personal vehicle, so he tested that. So this is something that it's coming fast or not. It's coming fair and because there's a silent aircraft being worked on in Cambridge for. Twenty three years. Which you wait and you wait wait. Yeah, well. There's a lot of challenges to making electronic vehicles and I. Think Boeing did a hydrogen fuel cell. Test Airplane. Fifteen years ago when The technology's been there, but being able to scale up I. Think is the issue now. You're talking to his story about current technology. You might not get the best words on all that, but the general trends are with electron electric solar power. Those sorts of things that have been studied for a long time. The efficiencies getting better and I think at some point in the future you will see that's that's the direction. It's going, but I think you'll see it. I didn't some of these urban mobility personal vehicles the taxes that we see so many different companies working on now..

Boeing Company Seattle McDonnell Douglas International Space Station Saturn Apollo NASA Cambridge US Saint Louis Zealand
"boeing" Discussed on Aviation Week's Check 6 Podcast

Aviation Week's Check 6 Podcast

11:46 min | 6 months ago

"boeing" Discussed on Aviation Week's Check 6 Podcast

"Made the same decision on the going back to the drawing board so think really at this point. It's the big question question is okay. We'll watch the new revision going to be like. Is it going to return to its roots and become more of a you know go back to the original seven five seven. I haven't replacement so to say and take on Abbas says three twenty one acceler which will be he coming to the market and twenty twenty five I'm sorry twenty twenty four Or is it going to be the step beyond and is it going to really be eh. Perhaps a new family that will really take over the seven. Thirty seven the Max Sector top-end and the seven. I'm five which was kind of like part of the original some of the original designs so in other words They're going to leave that upper end. Perhaps to the seven eighths sector and make this move the whole bracket damn slightly so that didn't come possesses everything from say one hundred and fifty one hundred sixty seats up to around two hundred and two thousand nine hundred thirty two hundred thirty sort of thing so all of these questions are unknown. We we simply do not know really whether new direction is going to go but It sounds like neither does Boeing at this stage The the other thing of course is what this means for Laura You know the future smaller airplane which was in fact in the discreet target for the the Max replacements. So maybe we're going to see these things sort of both a little bit because if you look at the timescale for when buying would have actually begun to look at went to replace place the Max well it turns out to be about kind of now. I mean the new studies would have been going on for some time and next next year and the year after is the time when things would get pretty serious because it takes about seven to eight years and they're looking at production through the late twenties with the current backlog. Okay so you know as time has crept up on the program and as the groundings happened. It's delayed the whole process anyway so now might be logical time to reevaluate this anyway guy. It's pretty widely understood. That point makes another moment. It's gotTa make a step change in terms terms of of efficiency and cost an engine technology repulsion technology which you cover all the time is so key to that. How far off are we from that? Propulsion Technology Being ready to help Boeing make a a a a game changer. Absolutely Joe You make a good point. The the propulsion as we all know is the long pole in the tent and all of these programs and there's two aspects to it really one is the engine makers have been busy supporting the NFL. A studies With a fifty thousand pound thrust new high bypass ratio to the Fan And that's where all the efforts have been committed to and at the same time if if they gonNA be asked to pivot towards awards and perhaps in a slightly further off generation Smaller engine perhaps. Then that's going to take some time as well And from technology aspect the good news is that maybe this will allow the technology readiness level for some time for some aspects of of what would inevitably be Augusta blind at this stage Will move on to allow perhaps In a more more of the technologies that going to bring down fuel burn into this next wave. It's only a couple of years to the right but it could be enough. Some mature in a maturity to be brought into the technologies that currently underway For example in You know higher temperature capable materials Smaller because advanced aerodynamics in the compressor and perhaps even some slightly more exotic concepts including Shorts in cell and new new fans sort of AMEX. which can cope with that and to be honest? It gives M- much but a chance for Pratt. Whitney I think in this case to come up with Plausible in a sort of derivatives of the kids the fan which could him embrace more electric involvement and Also might even give Rolls Royce another chance to to come back in because you remember did in February lusty to basically abandoned its animator because it simply could meet the timeline guy. Let's actually talk about some good news. He's had a bowling The triple seven ex made its first flight. Yes absolutely a nice br- bright moment at the moment for the company which It's sort of this really sort of was sort of flexing. Its wings again in a way. A moment Well literally because of course does the triple seven acts incorporates. This unique wing wing tip folding mechanism. a great moment for the company they completed the first to the the first version of the triple seven next family. The Dash Nine on a journey the twenty fifth after a couple of terrible taste of weather which I personally witnessed And they got the aircraft into the air For almost four flights and it seems seems to have gotten very well in fact They're already by the time. This is broadcast live probably flown a few more times. I've already flown. Ah once once again And if they're scheduled for another flight another envelope expansion flights By the by the end of this month Today in fact we were recording this on the thirtieth so Yeah they're making the almost like there is sort of held back in the day searching out with this new program sort of pent up energy of course just to remind people. It's the really the next Generation Lodge long-range flagship program. I'm for the company that succeeds the triple seven three hundred. Probably one of those successful wide-bodied. Ah Twin jets in the history of the industry They've hoping to see. This is the start of suitable next generation success to that and it incorporates the General Electric Jeanine ex which is By far the biggest most powerful engine although only rated only at about one hundred and five thousand pounds thrust for the for the triple seven nine it has shown it's capable of one hundred thirty four thousand pounds a Guinness World Record which means that there's plenty of growth available should should it need it. And the last thing I should mention is that As I briefly mentioned it does have this unique span changing folding wingtips action which brings in the out twenty full will face of the overall span of two hundred thirty five feet so that it can go into I co- cody stunned. Taxiways anyways gates and rams which is which will make it Coleman with seven four seven four hundred And the triple seven three hundred eighty. Oh which of course will will be there eventually. Prime replacement targets with the axe. Can maybe it can land on an aircraft carrier to right guy just like well. I'm not so sure but I'm just a stretch too far literally you. Hey Guy. We're starting to run short on time. But I did when you talk about the wide-body market there really are some troubling signs for Boeing and Airbus wide-body demand and I think Michael there was some news on the earnings also on on seven. Eight seven possible rate reductions. Right yes so Boeing confirmed yesterday formerly that they will drop seven seven eight seven monthly production down to ten starting in early twenty twenty one this had been leaked out and the market had started getting prepared for the news in recent months and not surprising with the considerable kitchen sinking of day. Luge of bad information yesterday that they included this as well. So what that means is the seven eight. Seven is essentially dropping. Basically from fourteen down to ten and Dave Calhoun was not shy about saying China is an issue and has been a real impediment to try to get sales there. He was cautiously optimistic. About the new trade deal that president trump has signed with his counterpart in Beijing and The thing there is that while there has been no announcement. Four aircraft purchases by the Chinese out of this trade deal. The thought is that at this kind of lists the clouds and maybe in the coming months the rhetoric gets toned down a little bit and the Chinese are able to publicly come out and start hurt ordering things again. In fact Dave. Calhoun said that there was no reason. That aircraft orders would have to wait to a larger face to deal. They could go ahead and take place under this one. So a bit of a pall cast in regards to the rate cut but there is perhaps optimism looking ahead. There are a couple of other things. I want to note out of the earnings yesterday before we go that I think are worth mentioning totally separate from all of this commercial aircraft ABC News is the fact that Boeing also took a charge of four hundred ten million dollars based on the commercial crew program in preparation for what could be another commercial crew launch a for that NASA program because if people remember not too long ago they did emission where they tried to get their star liner up to the space station. And that didn't quite happen. The rest of the mission went well. The capsule landed in the desert as it it was supposed to but it never got to the space station. That of course was a requirement in the NASA contracts so Boeing's trying to prepare for the possibility that it's got to do one more mission although says yet to make that decision the final interesting thing that came out of yesterday buried in the footnotes of the earnings release was a little item. Them that Boeing is shutting. Down the Avio brand in within Boeing global services. And that that really doesn't mean very much in regards to how it operates rates in the business but there are a lot of people out there who know and love the Abbey all brandon. So get ready to say goodbye. There's a lot to digest. And all this I I should know to be fair. There was news out Airbus this week to that Airbus has agreed to pay roughly four billion dollars to to settle bribery charges. This four billion dollars is about what Boeing's paying too by Embraer so that's a staggering amount of money to settle to settle embarked bribery scandal. So on that note. That's a wrap for this week's check. Six podcast now available for download on itunes. Join US again next week for another check six..

Boeing Airbus Dave Calhoun Abbas Joe You bribery Laura You Generation Lodge US NASA NFL Augusta Embraer Pratt Whitney AMEX. Abbey ABC News cody
"boeing" Discussed on Business Wars

Business Wars

03:43 min | 7 months ago

"boeing" Discussed on Business Wars

"It's spring twenty eleven. An American American Airlines is shopping for jets and this is no ordinary shopping list. Now this will be the biggest order for commercial jets get history a twenty the three billion dollar purchase update Americans aging narrow body fleet and now American. CEO Gerard Arpey is close to a decision arpey sits in his office in Fort Worth Texas nudging. His wire frames spectacles up his nose. He picks up the phone and calls Boeing CEO. James James mcnerney James Gerard American. I've got news a smile creeps. Across mcnerney face Boeing and Airbus have been battling for months to win this deal. Airbus trying to win over American with its latest creation. The a three twenty neo but Boeing's not worried the three three twenty neo is little more than an eighth three twenty with more modern fuel-efficient engines partly a match for the brand new single jet Boeing's offering to make besides nights Boeing an American or tight. American only owns Boeing jets. Switching to Airbus will require the airline to surrender the big discounts it gets from its sole supplier. Deal with Boeing mcnerney. Eases back in his chair with sweet anticipation good news. I hope our be pauses briefly. No I'm sorry it's not good news for you. mcnerney springs forward in his chair. You're buying Airbus yes. I've agreed to buy two one hundred sixty three twenty three twenty. Nieto's I don't WanNa wait a decade for a new Boeing rb. Let's the shock sink in before continuing his explanation. The Nation with the Eighth HR twenty neo. I get the new fuel efficient airplanes in service by late two thousand fifteen but I haven't yet decided on who will get the remaining two hundred planes so you got a chance to counter but James if you want some of this action your offer has to be way more competitive okay. Gerard Message. Received loud and clear Boeing scrambled into action. It shelves plans for a new jet. Xerox's Airbus's a three twenty neo strategy by proposing the seven three seven Max a revamped seven thirty seven of quipped with the latest engines. Boeing also promises that current seven three seven pilots will only need a few hours of computer based training to fly the Max rather than expensive simulator training. The offer saves the day in July. Twenty Eleven American gives Boeing the rest of its order and that victory comes not a moment too soon. Airbus already has hundreds of orders for the three twenty neo threatening the seven. Three seven status is the world's best-selling plane Boeing reckons the Max can catch up with the three twenty neo. But to succeed Boeing must deliver on the promise of minimal pilot training. You and that means Boeing must fit bigger more fuel-efficient modern engines on the seven thirty Sevens forty-five-year-old airframe without altering how it flies. But this marriage of old airframe and new engines leaves Boeing with an engineering conundrum a challenge. It must solve in record time and this race best Airbus will cause bowing to make some bad calls that will end in tragedy from wondering. I'm David Brown and this this is business.

Boeing Airbus Boeing mcnerney James James mcnerney James Gerard American CEO Gerard Arpey mcnerney springs mcnerney Fort Worth Texas CEO Gerard Message Nieto David Brown Xerox
"boeing" Discussed on The Daily

The Daily

03:00 min | 7 months ago

"boeing" Discussed on The Daily

"What is Boeing say about this idea That there is a conflict between the safety that they proclaim and the on the ground pressures that you're describing from employees to get these planes out the door Boeing pushes back on the idea that there is a cultural problem. They reject that notion altogether in response. To our our reporting Boeing insisted that safety is number one priority and said we prioritize safety and quality over speed but but all three can be accomplished while still producing one of the safest airplanes flying today and to be clear the seventy seven dreamliner has never crashed. It has has a pristine safety record. And there's no evidence that any of the problems that we document has led to major safety incidents but since the crashes of those two seven thirty seven Max jets. The question that is being raised by lawmakers is by regulators and by employees within Boeing is whether those three factors safety quality and speed the are always in balance or whether sometimes the competitive pressures that exist at the highest levels of this company are bearing down not just on the engineers as they design. How this aircraft is going to work? But also on the factory floor on the people who are responsible for assembling and manufacturing these aircraft does the push to produce sometimes lead senior level managers to overlook or ignore or sometimes dismiss. The concerns turns raised by the people who are making these planes. I just think it's critically important. that the activities he's going on with him Boeing or made aware to the people whose lives could be affected. You know I mean look at the seven three seven. Max I mean those those lives and those families and you know is a quality manager at Boeing. You're the last ask Line of defense before a defect makes it out to the flying public so as a quality manager being the last line of Defense. That's that's a huge responsibility. You know everything put my name on. I'm certifying that it meets their requirements. The regulatory requirements is a safe air worthy condition. And I haven't seen a plane out of Charleston yet that I put my name on saying it's safe and airworthy..

Boeing Charleston
"boeing" Discussed on The Daily

The Daily

02:21 min | 7 months ago

"boeing" Discussed on The Daily

"Ladies and gentlemen your seven eight seven dreamliner so it started the seven hundred. Eighty seven dreamliner. Another of Boeing's crown jewels. This is the first commercial airplane to be made with fifty fifty percent composite materials. It was unveiled in two thousand seven and it was Boeing's most important offering in a generation and it it looks cool. I remember reading about this point. This giant windows. The kind of unusually big knows it was gonna be the next big thing in. Oh Yeah Oh. That was the news of the month. You know a new airplane technology you know. State of the art are in for a while it was that was future absolutely. That's why it's dreamliner because it's our future you know fully composite you know carbon fiber eber. Reinforce it was a big deal. The fortunes of the Boeing company are flying on the wings or the dreamliner. So any word of a delay is not going to be be well received on Wall Street but pretty quickly. The seventy seven program begins to run into problems. So it is delaying Elaine. This and Boeing saying in fact. It's not going to know even for the next few weeks when it is going to reschedule now. The company is dealing with two news. Seven eighty seven incidents in the past two day. Hey yet another delay for Boeing seven eighty seven dreamliner the US planemaker push back the schedule for the fourth time. To the point where Boeing begins to get a bit concerned about. Whether it's going to meet the deadlines it set for the program elsewhere. A confident Boeing is going to build a second plan to make it seven hundred. Eighty seven dreamliner wander. They've so Boeing decides. It's going to open a brand new factory. And how big a deal is that for going. This is a huge deal. For Boeing owing Boeing has been making its commercial aircraft in two factories in Washington. This would be a foray into a new state a new assembly line. And you're talking a manufacturing hub that needs to be state of the art that can manufacturer one of the most advanced aircraft in the world a major investment both in real estate and jobs..

Boeing Elaine Washington US
"boeing" Discussed on Marketplace with Kai Ryssdal

Marketplace with Kai Ryssdal

04:50 min | 8 months ago

"boeing" Discussed on Marketplace with Kai Ryssdal

"In Los Sandal. Rozelle Tuesday today. I do believe the seventeenth of December. Good as always to have you long everybody. Look I know there are days when we start with this corporate story or that and you probably say come on Kyw. It's one lousy company. How much of a difference can it really make the American economy's at nineteen trillion dollar beast? Right well yes right. But we bring you now the Boeing Company. Which yesterday as you know announced it's GonNa stop making for a while anyway? It's fatally flawed. Seven thirty seven. Max a problem. Yes for the company for its suppliers to about which more in a minute but also quite possibly a a problem for that nineteen trillion dollar beast the American economy because as marketplace's Justin reports GDP growth could hit some Boeing induced turbulence before bowing announces production. Halt it's growing stockpile of undelivered. Seven thirty seven Max. Planes had been boosting. GDP says Tim Quinlan senior economist at wells is Fargo and so when they just simply stopped making them well. That inventory boost goes away so without that boost growth is now lower in the first quarter Quinlan Quinlan estimates that the production hauled could lower overall. GDP growth by half a percent. That's a small fraction of the overall. US economy but Luke Tilly chief economist at Wilmington Entrust says it's hard to imagine any other company. Having such an impact on growth bowing is incredibly large. Obviously it has a lot of employees and the scale tale of the cutback here would be in the billions of dollars. Boeing says the production homeless temporary in that it doesn't plan on laying off or furloughing the thousands of workers working on the seven seven thirty seven. Max Assembly Lines Tom. Dairy CEO of the Institute for Supply Management Says. Those workers have valuable skills. Boeing doesn't WANNA lose a competitive job market it. Hanging onto the skilled workforce they have was a key. Strategic imperative for Boeing but if Boeing's production halts rags on Tim Quinlan Wells Fargo says furloughs and layoffs will be harder to avoid that would immediately impact paychecks but eventually it starts to pass through to the various suppliers for that factory and knock on the facts into other industries. That service those workers he says workers end up getting furloughed laid off. Everyone from parts manufacturers to the sandwich shop across the street would be contributing interpreting less than GDP in New York. I'm destined for marketplace so along those lines part of the reason Boeing's decision to suspend production of the seven thirty seven. Max is going to resonate through a very big chunk of this economy is that its supply chain reaches through a very big chunk of this economy marketplace. Jack Stewart is on that one the seven thirty eighty. Seven Max might be a Boeing plane but the thirty five thousand parts that go into it. Come from an estimated. Six hundred firms Boeing suppliers. A modern aircraft craft is not produced by a single company. Modern aircraft is really a global undertaking the engines for example a built by CFM International. That's a joint venture between General Electric and the French company and each of them has its own hundreds of suppliers Samuel Angle covers aviation at global consultancy. I C the F.. The fuselage may be built by spirit in the US. The vertical pillars may be built in Japan or in China the landing gear somewhere else. Spirit era systems gets eighty percent of its revenue from Boeing. As well as the fuse logic builds parts for wings and engines. I contacted spirits and a handful of other suppliers large and small As well as that trade groups but none wanted to talk. Sean Preach Nikki at Ohio State. University's Center for Aviation Studies says suppliers a busy figuring out how to slow slow or stop their own production. There are significant hurdles to overcome. When you stop a production line in then you try to restart it later like inventory entry? Where did you store the parts you can't use? How'd you redeploy workers and in a worst-case scenario? How'd you even keep them? On the payroll and Boeing needs. Everyone ready ready to restart. Production says Kevin Michael's aerodynamic advisory if there is a small supply or in Kansas that maybe makes a few parts for the aircraft that that is in financial distress that can limit Boeing's ability to ramp up in a statement Boeing says it'll work with supplies to minimize disruption in an effort to keep its. It's global supply chain intact on Jack Stewart for marketplace. Here's another company grounding some of its planes nothing mechanical those strictly financial delivery giant Fedex Fedex reported abysmal quarterly profits after the bell today down almost forty percent. Four zero percent global trade rose higher costs and a falling out Amazon Are The proximate causes. Share prices tumbled after hours modest gains though on the major indices during the regular session. We'll have the details when we do the numbers.

Boeing Company Tim Quinlan Wells Fargo Quinlan Quinlan Jack Stewart US Production Tim Quinlan Los Sandal Kyw Institute for Supply Managemen Max Fedex Fedex CFM International General Electric senior economist chief economist CEO Amazon Fargo
"boeing" Discussed on Houston We Have a Podcast

Houston We Have a Podcast

04:29 min | 1 year ago

"boeing" Discussed on Houston We Have a Podcast

"Sites yet. I have <hes>. I mentioned their recovery retesting that we've done. We did that out at white. Sands <hes> the that's where i met you. Oh is that okay. I remember it was very hot are probably dirty and wearing dingy or close and we are now so <hes> but yeah so i i was part of the white sands recovery team <hes> during that is a bit test <hes> and i know parts of the team have been out some of our other sites to to do site certifications to make sure they're ready for landings. So what did you you think of the whites it for me. It was almost like we're walking on the moon but really hot yeah it. It's it's so cool. How different different parts of our country tree is and to to be able to leverage that sort of environment just flat and hard as far as i can see <hes>. It's it's really cool that we have that right here and we can. We can utilize that and that was so we were on. One of the old shuttle. Runway is which is so cool to see just the vast expanse <hes> and for our landing since it's not space plane. We don't need to have a runway to land <hes> we. It's really a basically a four kilometer target if you will <hes> and so you're we the way okay we've chosen. Our landing sites is to make sure that there's a four kilometer target <hes> of not much there <hes> no dangers around so we're not posing hosing hazard to nearby cities or anything like that or other operation exactly <hes> so so really it's. It's just cool cool to be there and that was one of the first times where i really felt this is happening this. This is a really real. <hes> i know are the capsule that we were working with was basically a bouncy house <hes> so that was the only thing that didn't feel real but everything out to everybody was so serious so committed <hes> so you're so sure that we this is how we need to ensure verify validate everything that we're doing is is here when we get an opportunity me to come to an umbrella landing sites with the whole team <hes> and see how it will work on the real day all right well so all this testing's coming up. What's what's kind of the big stuff coming up for star line. I know there's some test flights coming up and then you'll be operational. What's what's the really big stuff on the agenda coming up. We'll be launching an crude a test vehicle as a selena's mentioned testing all the autonomous systems tournaments rendezvous and docking <hes> with our mission control centers and all all of our engineers <hes> the final immigration without was five rocket and then after that <hes> once we get into all the flight checks and all the flight readiness reviews out of of that crude test flight crew task flight and we'll get all those checks down the line that data is king <hes> that'll verify the safety of our vehicle <hes> from our design and or verifications on the ground and that will get us ready for first flight with crude astronauts with boeing astronaut chris ferguson and are to nasa crew members and what that does is <hes> ensures our safety of our crew. Which is our number one priority. It's kind of like a big dress rehearsal. Almost i and we'll say but both of those flights o. f. t. r. orbital flight tests and c._f. To your crew flight tests <hes> both of those are still part of our validation efforts so we they will not p._c._m. One is our first certified operational mission <hes> so until that flight were were still in the test phase which is really kind of cool to be operationally testing <hes>. It's it's such an exciting time to be on the program looking for next year to those two fights lights <hes> and and shortly thereafter and then once so p._m. Stand for cert yeah sorry so many avenues tired after cert yeah so that's that's when you're just you're just fly in crew members to the station for regular mission yeah so at that point we're really nastase are customer pain customer <hes> and we'll will be fine nasa astronauts to and from the international space station so before then our tnc a._f._c..

Sands nasa selena chris ferguson boeing four kilometer
"boeing" Discussed on NASACast Audio

NASACast Audio

11:15 min | 1 year ago

"boeing" Discussed on NASACast Audio

"All right. I have tony and selena from boeing with me today. Thank you guys so much for taking a little bit of your day to join me today this is this is an exciting time. We got a new spacecraft coming right. Oh absolutely it's the best time to work in aerospace. We're happy to be here. We're trading restaurants. Today excited to be here. Today are very excited to make time for this all right so we're here to talk about. The star liner c. s. t. one hundred star liners so first off paint me a word picture. What is this thing. Look look like if you needed to describe this to. Somebody like this is what you're going to see. How would you do that. We're building a spaceship..

boeing selena tony
"boeing" Discussed on Houston We Have a Podcast

Houston We Have a Podcast

02:47 min | 1 year ago

"boeing" Discussed on Houston We Have a Podcast

"Have a v eight which we don't plan to utilize for a nominal nasa missions that v c will be swapped out to be able to carry a little more cargo with the cargo argo palate <hes> but tony absolutely right we could if we <hes> if we ever had the desire or another customer <hes> take five crewmembers out time exactly exactly so as you walk in. You'll see this white <hes> white walls if you will and the cargo on the left and right of you and he side and <hes> when you think about where we put the switches which is in dials. It's all about sitting in the pilot's seat and imagining yourself <hes> the amount of time. You need to go reach dow. Pretend that you're in your car. Your lexus audi you got to move the the the the seat nor to reach a certain button or dial we did that with the seat <hes> and the region visibility of where the switches are so the most important ones cautioned warning panels things of that sort are very close to your to where you're <hes> line of sight and then something like the temperature of your cabin is off to the left and so where we put the switches and where we put the dials really <hes> focused on the crew member for those safety scenarios in case of the autonomy takeover of the human <hes> but again less a number of switches the consuls in front of seat one and two on that top row seat three four and five. You have a lot more <hes> if you say looking around room if you will in our space craft. It's it's ah just real quick. It's kinda crazy. You don't always think about the level of detail that goes into to design for these kind of things but even something as simple as that like which makes perfect sense when you hear it yeah the switches are the indicators that there's an emergency should be really close to right up front and the less important stuff off to the side and i almost feel i like to that level of detail gone into everything when you're designing especially for what tony is talking about right now with the displays in the console and where things are laid out <hes> it all comes down to good systems integration and human factors engineering so i'm giving my plug for that because i'm a human factors engineering <hes> but it it really is besides designing the systems and really strong solid robust systems. You need to make sure that they're designed for the end user and our end users as an astronaut and we need to take into account all the other crew accommodations that go into the equation the suits and the restraints that my <hes> prevent rent them from reaching something while they're strapped in hiji <hes> phase of flight or when when they're on orbit <hes> how do we have the accommodations to set up and let them have a little extra room to move around so we there are some really creative engineering solutions. We've come up with on our program so our seats are <hes> sort of reconfigured for the different sizes of crew members..

tony audi
"boeing" Discussed on Houston We Have a Podcast

Houston We Have a Podcast

01:37 min | 1 year ago

"boeing" Discussed on Houston We Have a Podcast

"Official crew program designed to enable the capability of launching people into space by private businesses today. We're going to highlight one of those vehicles. The boeing star liner in the studio. We brought in tony cassia and selena dope part. Tony and selena are engineers with boeing responsible for getting the spacecraft as craft and the crew ready for these first missions. We talk about the vehicle itself all of the testing all the training happening and what we're going to be looking forward to in the very near future so with no further delay. Let's go light speed and jump right ahead to our talk with tony and selena enjoy the county. We have all right. I have tony and selena from boeing with me today. Thank you guys so much for taking a little bit of your day to join me today this is this is an exciting time. We got a new spacecraft coming right. Oh absolutely it's the best time to work in aerospace. We're happy to be here. We're trading restaurants. Today excited to be here. Today are very excited to make time for this all right so we're here to talk about. The star liner c. s. t. one hundred star liners so first off paint me a word picture. What is this thing. Look look like if you needed to describe this to. Somebody like this is what you're going to see. How would you do that. We're building a spaceship..

tony cassia selena boeing Official
"boeing" Discussed on TechStuff

TechStuff

03:29 min | 1 year ago

"boeing" Discussed on TechStuff

"Seven seventy seven the best selling wide body commercial jet of all time it beat out the record that was previously held by the seven forty seven and as i record this us boeing is working on the latest generation of the triple seven family of aircraft with the seven seventy seven x which start flying the skies in twenty twenty one of those seven seventy seven nine and it's a huge huge plane it can hold up to four hundred fourteen passengers bay plane and now we're up to seven eighty seven aka the dreamliner. It's another wide body jet though it's in the mid size range so it's not as big as the seven seventy seven and it went into production production in two thousand nine. It's meant to replace the seven sixty seven so boeing's goal was to create a commercial jet that could fill the same role as the seven sixty seven but have much better a fuel efficiency and they did this with lots of different changes in design including using mostly composite materials for the aircraft which helped cut down on the aircraft's weight which therefore for a cuts down on the amount of fuel it needs to stay in the air it can hold up to three hundred thirty five passengers depending again upon the layout and it also can travel on long distance since routes oh and then there is one other one. I should mention the seven seventeen. So why would i leave that one last. Why would i work up from 707 all the way up to seven eighty-seven then go back to seven seven seventeen months because boeing didn't actually design the seven seventeen the boeing seven seventeen at least the commercial jet version of the seven seventeen. There was a boeing boeing military aircraft that had a seven seventeen designation back in the nineteen fifties but that's not what we're talking about here anyway. It wasn't a boeing aircraft. Originally it used to have have the name m._d. Ninety five and it was designed by boeing's competitor mcdonnell douglas in the mid nineties but before the plane could go into production something else would happen. Ben and i'll get back to that in a little bit all right so that's the family of boeing commercial jets and honestly each of those could merit their own episode. There are lots of stories about each of them. There are stories about the different crazy. Configurations airlines would have for those aircraft their stories about accidents with those aircraft. <hes> the seven forty seven has had a lot of accidents not not to say that the seven forty seven itself was at fault. There were plenty of accidents. That were the judge to be human error not mechanical error but there's you know there's just so much to talk about and again. We've got it in the series at some point so i'm just going to call an audible here. Also it's good to remember a few general notes about these planes. I the number destination doesn't indicate size. This took me a long time to figure out when i was a kid. I just assumed that every number bigger was there's going to be a bigger plane. So when i heard it was gonna fly on the seven sixty seven. I thought wow it's going to be even bigger than the seven forty seven and i was wrong still getting over that that also <hes> another is that the variations within a single family in the seven hundred series can be significant. It's not just about the seat layout <music> out. It's also about the aircraft's dimensions which engines it has and other design elements and these differences at least according to boeing aren't so great as is to necessitate a totally new designation. You wouldn't call it a different type of plane but it does mean that not all some forty-sevens are like for example and there are a lot.

boeing mcdonnell douglas Ben seven seven seventeen months
"boeing" Discussed on TechStuff

TechStuff

04:53 min | 1 year ago

"boeing" Discussed on TechStuff

"The anti-aircraft missile was a young enough technology that the air force didn't have a a good way to designate it so originally the bow mark was referred to as an ex f ninety nine and the F. An ex south stood for fighter later as in Bomar was considered a pilotless aircraft and fighters seem to be the closest thing they can use to describe it now eventually the air force would change its designation system and they renamed it the I._M.. Ninety nine with I._M.. Standing for interception missile Boeing would test the prototype of the bow mark in nineteen fifty two and went into full production in nineteen fifty five the missile had some drawbacks the biggest one was that the the earlier version of the missile relied on liquid rocket fuel and that liquid rocket fuel was highly corrosive because of that you couldn't pre fuel a missile before you had to use it the fuel would actually corrode the interior of the fuel tank for that missile making it unreliable or worse so you had to hold off on fueling the things until it was time to use them and the fueling process took about two minutes and as you might imagine every minute counts when you're potentially potentially defending against an incoming aerial attack so Boeing later addressed this problem by making a switch and they changed out the liquid rocket fuel motors others with a solid fuel rocket booster that lowered the response time for the so-called Super Bowl Mark missile till less than thirty seconds the company would produce five hundred seventy. No mark missiles which became part of a network called the semi automatic ground environment or sage. They're kept inside inside launch shelters in remote locations. You've probably seen stock footage of these things where news these big <hes> hatches would open up and missiles would come well. It's that kind of stuff but these weapons were measured. Defense measure against bombers mail aircraft flying overhead as the focus would shift to who intercontinental ballistic missiles the usefulness of these older Bo mark missiles was determined to be somewhat limited and the military chose was to decommission them in nineteen seventy two now. I'M GONNA end this episode with a project that Boeing started in nineteen fifty two it was known as the three sixty seven eighty also called the dash eighty Boeing gave the project named the three sixty seven eighty to disguise its real purpose because the name seemed to indicate that it was going to be a variant of the ninety seven streto freighter but this was actually a project to explore the possibility of producing jet propelled commercial aviation in aircraft so in other words passenger jets and this wasn't a new idea Boeing didn't invent this in fact the Boeing President of the time Bill Allen. I had been part of a group of Boeing executives that went to see a jet powered airliner called the Haviland comet. It flew in an air show in the U._K.. The comment made its first test flight in nineteen forty nine and entered into commercial service in nineteen fifty two the same year Boeing committed to exploring the possibility of getting into that same business in the United States the dash eighty took about two years from the launch of the project to the production of the first aircraft and that first model three sixty seven eighty debuted on May Fourteenth Nineteen Fifty Four William Boeing himself who was seventy two years old ended that point attended the event the project had cost sixteen million dollars to fund that represented about two thirds of Boeing's profits since World War Two so this was a significant undertaking the dash eight served as the basis for a new line of aircraft technically early to lines of aircraft Boeing even started to gear up to go into full production. Even though it had not yet received a single order either from the military sorry or from an airline like Pan Am but the demonstration turned heads and before long the Air Force ordered a military version of the dash eighty this this one would be called the K. C.. One thirty five jet tanker the commercial side was a tougher sell Boeing was up against its competitor Douglas with much wheeling and dealing Boeing sales reps were able to land the contract with Pam to deliver twenty commercial versions of the Dash Eighty which would be known known as the seven zero seven at the same time Pan Am had also put in an order for twenty five DC eight's from Douglas so Boeing's long-term term success in commercial jets was not yet assured in our next episode. I'M GONNA continue looking at Boeing's history and commercial jets.

Boeing William Boeing Air Force Bomar Pan Am Bill Allen Haviland comet Douglas United States President Pam sixteen million dollars seventy two years thirty seconds two minutes two years
"boeing" Discussed on TechStuff

TechStuff

01:42 min | 1 year ago

"boeing" Discussed on TechStuff

"The problems of of low air pressure so that must have been pretty confining four of the machine gun turrets on the B twenty nine were capable of Operation Asian via remote control which was a real innovation at the time amend the two crew members could control the four turrets and like the B seventeen most of the guns aboard the B Twenty nine were fifty caliber machine guns. It was a b twenty nine superfortress called the Enola Gay though would carry the atomic bomb that was dropped on Hiroshima another in world war two it was in fact more expensive than the manhattan project that was the project that was responsible for developing and building the atomic bombs but the between cost more money during world war two boeing also lost its company president philip g johnson whom i mentioned just before the break he died from a massive stroke as he was overseeing operations in the wichita kansas manufacturing facility in nineteen forty four clermont claire air act vet whose name i continued to butcher but he had served as president of boeing from nineteen thirty three to nineteen thirty nine would actually step back into the position for the remainder of world war two as a sort of an interim president and then he would hand the company over to william m allen in nineteen forty i five boeing made a couple of other military.

boeing philip g johnson president interim president Operation Asian Hiroshima wichita kansas william m allen manhattan
"boeing" Discussed on TechStuff

TechStuff

01:49 min | 1 year ago

"boeing" Discussed on TechStuff

"Since nineteen twenty he he started as a draftsman and designer he rose to the position of chief engineer became vice president and then would become the successor to William Boeing and he also would play an important role and bringing the company to new heights and yes that was upon see another thing happened in nineteen thirty four that was really important to Boeing and that's the the Army Air Corps had issued a specification sort of a request for proposal for the design of they long range heavy bomber aircraft and by long range. We're talking five thousand miles of arrange. That's a heck of a distance to travel so claire pursued this opportunity. He submitted a bid that landed the company the chance to design a bomber of this type and the prototype was called the X._p.. Fifteen initially Boeing was competing against the Glenn L Martin Company which today today is actually part of Lockheed but the Martin Design never got to the prototype phase it was it was cancelled while it was still an idea on paper and the X._p.. Fifteen was quite a beast it had four engines since most bombers at the time only had two engines it measured more than eighty seven and a half feet long or twenty six point seven meters at a wingspan of nearly one hundred fifty feet or nearly forty five and a half meters when it was empty without any bombs or anything like that it weighed nearly thirty eight thousand pounds or more than seventeen thousand kilograms and its top speed it could travel at one hundred ninety seven miles per hour or three hundred seventeen kilometers power.

Boeing William Boeing Glenn L Martin Company Martin Design Army Air Corps chief engineer vice president claire three hundred seventeen kilome seventeen thousand kilograms thirty eight thousand pounds one hundred fifty feet seven meters
"boeing" Discussed on TechStuff

TechStuff

03:48 min | 1 year ago

"boeing" Discussed on TechStuff

"Some practical experience designing and building aircraft before returning to China when Westervelt was looking for someone to send over to Boeing longs instructor at M._I._T.. The Guy who actually created this aeronautical engineering <hes> program at M._I._T.. A guy named drome hudsucker. Her Amelie said that Wong was the right candidate he would play an important part and Boeing's early successes so the original Boeing factory back West <hes> was a boat house that wasn't too far from Seattle Washington on the Duwamish River and by the way I'm sure on mispronouncing butchering names and I will continue to do so throughout this episode and my deepest apologies for that <hes> that is a failing on my part well William Boeing had some interesting ideas ideas about creating incentives for employees engineers he said well you know what if you are designing a plane. If you're building a plane you also can fly it. You're allowed to fly the planes that you're building so they weren't aren't just the engineers and and manufacturers they were the test pilots as well and Wong would get to construct planes for Boeing and get to fly them if he wanted to. The Verse Plane Wong would have a hand in designing and really the the main one was the Model Model C. which was ready for its first test flight <hes> on <hes> November Fifth Nineteen Sixteen which was just a few months after the B._M._w.. Test flights so one thing that really struck me the as I was doing research for this episode was how close together some of these dates are like it's amazing to me the thought of putting together a prototype aircraft and then flying it and then going right into the design and production of of a different prototype aircraft right away and being able to do it within a month. It's phenomenal to me now granted in these days these aircraft were made out of canvas and would there would be a wild before they would switch over to metals like aluminum but still and they were also in lumber country up in the Pacific northwest they had no shortage of that and and of course Boeing himself operated a lumber <hes> company so that helped as well but still that's pretty amazing to me anyway the B._M._W.. You had showed the Boeing can make a working aircraft but had very little application outside of that wealthy hobbyist market which as you might imagine was a pretty limited slice of the population the Model C. would prove to be much more versatile and it was helped no small part by the fact that over in Europe the Great War what we would later call World War One was raging and it was only a matter of time for the United States was pulled into it so the aircraft that flew on November Fifth Nineteen Sixteen was called d. c. four and that was because it was the fourth airplane that William Boeing ever owned and Wong would redesign the model C. giving it a bigger rudder among other changes and this Redesign Model C. was ready by April nineteen seventeen. Now is the same month that President Woodrow Wilson would declare war on Germany putting the United States into World War One has for Wong he received the princely some of fifty dollars and seventy seven cents for his work as an engineer and then was released from Boeing the company that is on May twenty second nineteen seventeen he returned to China and he established the first Chinese airplane factory there so while we're talking about money this fifty dollars and seventy seven cents that Wong earned for all his work with the Boeing Company. Let's talk a little bit about how much the Boeing company earned from contract..

Boeing Company Plane Wong William Boeing engineer China drome hudsucker Duwamish River President Woodrow Wilson Westervelt Seattle instructor United States Europe Amelie Pacific Germany fifty dollars twenty second
"boeing" Discussed on Aviation Week's Check 6 Podcast

Aviation Week's Check 6 Podcast

03:47 min | 1 year ago

"boeing" Discussed on Aviation Week's Check 6 Podcast

"Guest columnists Rishaad, Lafayette, the teal group and Kevin Michael's of aero-dynamics advisory going to start out on the Boeing anime proposed anime and with you, Richard. Because you gave a keynote address this morning where you listed to pros for Boeing to go ahead and four cons. You don't sound very optimistic. Well, it's a bit diffuse be they're not evenly weighted rate. I mean, I think the most important factor is a pro one which is that boy Boeing is getting clobbered in the sector, it's clearly incumbent upon them to do something. Whether that means the equally unpalatable decision to wait a couple years, and then go with a single out jet that obsolete the max before its time or they. Do this. I'm not so sure I see a third choice other than do nothing and simply accept that. There are structural disadvantage. Relative to hear bus can't Kevin your believes that is no choice. Right. I think there is a different reason they have to do the enemy beyond just the market size and getting clobbered by the three twenty one. And that is that they are anxious to roll out a new business model, which is inherently more profitable. Which means Boeing will be more vertical. He'll have more service revenue in the like in one does not want to learn a new business model on the future single that is just far too risky. So I think that that coupled with the fact they have to keep people busy for the next seven or eight years, they're going more vertical. Now, or you're gonna pay people to sit around for seven years or are you going to get busy on the next project? So I think it's a bridge to the real price, which is the future. Single Richard wasn't your point that by the time. The enemy gets here. The three twenty one gobble up all volume orders for that. That's an issue. But also on top of that. It's not really clear that you can create a twin-aisle that has the operating economics or the manufacturing economics of a single. While so while I think the MA would be very promising for new routed element. It might have no impact at all on the three. Twenty one's seemingly inexorable March, Richard. You have talked about the fact that you see is about a two thirds chance Kevin a little different there. But for the most part ever, the expectation is Boeing will launch or or announce and we'll start with an authority to offer this year and a thorny to formally launched the program next year, according to what tennis meal and Berg is said to us. But I think there's a couple of concerns there that people are increasingly focusing on and Richard you've mentioned before one of them is the pressure to maintain share buybacks and dividends and how that is a cash demand that could very much pressure launching a new program like NMA can you elaborate a little bit more on then where Boeing face sits and faces. Yeah. That's this is I think the biggest single issue that that's exactly right at this point. The company is converting something like ninety five percent of operating cash. Flow into dividends by backs it appears to be almost like a drug. They I if anything they're guidances to increase this, which is fine as long as the top line market is growing. But if all of the sudden peak out at rate Fifty-seven and rate fourteen on the seven eight and what else do you do to grow? And if they've got this mindset where everything is geared towards giving away the store, the only possible available source for additional cash is the ten billion or so that they would use to develop this jet. I'm not a Wall Street analyst. But I have to believe that market reaction would be sharp and could be pretty long term if Boeing were to say we can't convert one hundred percent to cash flow returns. Yeah. I mean, I think that might be right. I mean, would it put them in any kind of existential jeopardy?.

Boeing Richard Kevin Michael Lafayette Kevin your Kevin analyst NMA tennis Berg ninety five percent one hundred percent eight years seven years
"boeing" Discussed on MarketFoolery

MarketFoolery

02:11 min | 3 years ago

"boeing" Discussed on MarketFoolery

"When you look at boeing i mean they're in the business of making planes yes they have competition but it is a such a capital intensive business that i think at least one of the bowl cases for investing in a company like boeing is the barrier entry when you're making airplanes for living is massive right it's it's more or less airbus is the the the competition for what a boeing is doing on the commercial side and a boeing is getting the better of that competition at the moment uh they've got a bigger backlog they're getting more the orders for uh for their widebodied planes and airbus's is not firing on all cylinders uh at the moment so this comes and goes it at the moment uh advantage boeing um they've got a backlog of almost six thousand a commercial aircraft so that provides greater visibility for future earnings than lots and lots of other companies uh additionally at defense looks like it's going to be picking up for them so in terms of the backlog that you mentioned is that is that something that even with the price moves today you can look at how many planes they have on ordering just say you know what they're not the foreseeable future looked really good for them well so despite the fact that they they beat on the net income outlined by lot their earnings sorry the sales came in right about where where they were expected twenty two point seven billion uh for the quarter so the visibility is provided by the backlog and and company guidance and they've they've now guarded higher for the rest of the year on uh on the earning side and where they surprised was how much money they made uh it out of the sales of the margins improved and they they improve their tax rate uh and and that was a a part of it to in terms of uh the the bottom line still they get to hold onto that money if they're not paying taxes.

boeing airbus