Boeing shareholder meeting turns tense amid 737 Max crisis

In article , Mitchell Holman
says...

Miloch wrote in
:

https://www.cnn.com/2019/04/29/inves...eting/index.ht
ml

New York (CNN Business) — Boeing executives faced shareholders' tough
questions about the 737 Max crisis at the company's annual meeting in
Chicago on Monday.

Shareholders had a lot to gripe about. The company's stock has lost
about 10% of its value since the March 10 crash of an Ethiopian
Airlines jet, the second fatal crash of the company's bestselling
plane. A Lion Air 737 Max crashed under similar circumstances in
October. The second crash prompted a worldwide grounding of the 737
Max last month.

The safety feature forces down the plane's nose if a sensor detects it
is climbing too fast and at risk of a stall. Apparently the sensor on
the two flights gave a false reading. Two weeks after the Ethiopian
crash, Boeing announced the software fix would add data from a second
sensor that measures the horizontal tilt of the plane.


I sm surprized top managers were not hauled
out of the meeting and hanged from the nearest lamp
poles. The worst PR blunder in the company's history,
airlines all over the world cancelling sales orders,
no one is flying their product, and Boeing cannot
even explain the problem much less post a deadline
for fixing it.

The stockholders at Airbus must be overjoyed.



Airbus has nothing to brag about...

https://simpleflying.com/was-the-a38...me-profitable/

....Overall

The A380 has been a popular aircraft among aviation enthusiasts and passengers
alike. Even though Airbus will end the program in 2021, we will most likely see
the aircraft for years to come.

Airbus admitted that it was probably ten years too late when it introduced the
A380. Some people say that the project was doomed to fail from the beginning.
Additionally, it looks like Airbus never even came close to making a profit with
the airplane.




*

Miloch wrote in
:

In article , Mitchell
Holman says...

Miloch wrote in
:

https://www.cnn.com/2019/04/29/inves...-meeting/index.
ht ml

New York (CNN Business) — Boeing executives faced shareholders'
tough questions about the 737 Max crisis at the company's annual
meeting in Chicago on Monday.

Shareholders had a lot to gripe about. The company's stock has lost
about 10% of its value since the March 10 crash of an Ethiopian
Airlines jet, the second fatal crash of the company's bestselling
plane. A Lion Air 737 Max crashed under similar circumstances in
October. The second crash prompted a worldwide grounding of the 737
Max last month.

The safety feature forces down the plane's nose if a sensor detects
it is climbing too fast and at risk of a stall. Apparently the
sensor on the two flights gave a false reading. Two weeks after the
Ethiopian crash, Boeing announced the software fix would add data
from a second sensor that measures the horizontal tilt of the plane.


I sm surprized top managers were not hauled
out of the meeting and hanged from the nearest lamp
poles. The worst PR blunder in the company's history,
airlines all over the world cancelling sales orders,
no one is flying their product, and Boeing cannot
even explain the problem much less post a deadline
for fixing it.

The stockholders at Airbus must be overjoyed.



Airbus has nothing to brag about...

https://simpleflying.com/was-the-a38...me-profitable/

...Overall

The A380 has been a popular aircraft among aviation enthusiasts and
passengers alike. Even though Airbus will end the program in 2021, we
will most likely see the aircraft for years to come.

Airbus admitted that it was probably ten years too late when it
introduced the A380. Some people say that the project was doomed to
fail from the beginning. Additionally, it looks like Airbus never even
came close to making a profit with the airplane.


The A 380 was safe, it just misjudged the
market for jumbo airplanes, just like the Edsel
misjudged the market for huge sedans.