Pontifications: One step forward, two steps back: Déjà vu all over again.

Keesje

Obviously you have not read the message from SteelyMB and me explaining the industrial problem which is affecting the delivery of aircraft. A clean sheet design wouldn’t fully guarantee industrial success, just look at the 787 Dreamliner, and as you mention “2007”, they were already at the beginning of the problems with the fastner shortages. I think you remember that. While it’s true that an all-new aircraft would have been better than the 737MAX in 2011, there would certainly have been some nasty industrial surprises as well. Many agree that since the merger with McDonnel Douglas / Suite -C there has been a craze about excessive profits, negligence has been the main argument of those who have denounced Boeing’s policy pre-merger until ‘to put the sh*t together in 2019. You know the story…

And then they launched the 777-X, 2 years after the 737MAX while the 787Dreamliner was at the start of delivery. They protected the Widebody sector and launched a re engines 737 (MAX) with a lot of “procedural negligence”,Or if you prefer with a lot of poor program execution while the ex CEO Mc Nerney boasted of buying back and redistributing the shares . In other words if they had executed the 787, 737MAX and 777-X program correctly today, they would have made a lot of money. Boeing’s stock would have been $600 in 2023, it was ~420 in 2019 and now it’s actually just (but bigger than Airbus) at ~$230.

Finally, a well-executed 737MAX program would have made a lot of money faster than a clean sheet design. The problem is that even a 737 has been produced for almost 60 years, they can’t even make deliveries correctly. As I said, D. Calhoun should really look into this. It’s been 3 years since he became CEO of Boeing, replacing D. Muillenberg sullied by the Bean Counters policy. What about the next few months?

Well I fear that if the delivery issues are not fixed definitively so that no one raises their hand every 60 days, then the shareholders and D. Calhoun will have to gone.

Don’t forget that the Pentagon started to get involved and launched an investigation. The only hope for people who don’t want to see Boeing go under and have some sort of “coup” by the Pentagon with a warrant arguing ” danger for security and economic loss to the US through negligence through BCA.

In short, a real “Cassus belly” to clean up once and for all and bring Boeing back to where it was in 2000…

Thks