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Looks like the ole "polar vortex" is whipping thru Chi-Town & headed to all points South...



 
 
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  #1  
Old January 30th 19, 07:35 AM posted to alt.binaries.pictures.aviation
Miloch
external usenet poster
 
Posts: 24,291
Default Looks like the ole "polar vortex" is whipping thru Chi-Town & headed to all points South...

....for those of you affected, guess you'll be taking the day(s) off.

In the meantime:

Boeing faces $15 billion decision of the decade: Is it time to build the 797?

more at
http://www.chicagotribune.com/busine...129-story.html

It's only January, but Boeing Co. executives are already closing in on one of
their most important determinations of the year: whether to plow an estimated
$15 billion into a new jetliner family.

The aircraft nicknamed the 797 would feature Boeing's first all-new design since
the 787 Dreamliner's unveiling in 2004, while shoring up its product line
against recent Airbus advances. The European plane-maker's incoming boss,
Guillaume Faury, says he's waiting for Boeing to tip its hand before revealing
countermoves. That sets up a likely showdown at the Paris Air Show in June.

Designed for economical flying on midrange routes — think Chicago to Berlin, or
New York to Los Angeles — the Boeing jet would have the potential to transform
air travel by spawning a new breed of longer-distance budget carriers. But the
decision on whether to move forward hasn't been easy. A misfire would
cannibalize sales of the 787 Dreamliner and endanger the cash bounty that has
made Boeing a darling of Wall Street.

"Every single other Boeing jet has been pretty much a guaranteed home run, even
if it wasn't clear at the time," said aerospace analyst Richard Aboulafia. "This
is different. They've got to be careful with this."

Boeing's board is expected to review the case for the new program by the end of
March, according to people briefed on the matter. For now, the team spearheading
the concept, led by former 787 program head Mark Jenks, has been meeting monthly
with Chief Executive Officer Dennis Muilenburg and Chief Financial Officer Greg
Smith.

The sales force has been fine-tuning the design with airlines for at least five
years, creating a "will it or won't it?" drama around the decision on whether to
make the plane, known internally at Boeing as the NMA, for new, middle-of-market
airplane.

"With some planes, the technology is the 'moonshot'; with this, it's the
business case," Aboulafia said. The word "moonshot" is the term Boeing uses for
quixotic gambles that it has vowed to avoid after loading the 787 Dreamliner
with groundbreaking technology and an unproven production system — then losing
money on the first 500 or so planes after extensive delays.

For Boeing and Airbus, committing to an all-new aircraft is a once-in-a-decade
event. Costs are prohibitive, delays are the norm and payoff can take years to
materialize. Boeing could easily spend more than $15 billion on the NMA,
according to Ken Herbert, analyst with Canaccord Genuity, and Airbus may be
forced into a clean-sheet design if sales take off.


more at
http://www.chicagotribune.com/busine...129-story.html




*

  #2  
Old January 30th 19, 02:47 PM posted to alt.binaries.pictures.aviation
Mitchell Holman[_9_]
external usenet poster
 
Posts: 8,922
Default Looks like the ole "polar vortex" is whipping thru Chi-Town & headed to all points South...

Miloch wrote in
:

...for those of you affected, guess you'll be taking the day(s) off.

In the meantime:

Boeing faces $15 billion decision of the decade: Is it time to build
the 797?

more at
http://www.chicagotribune.com/busine...jetliner-decis
ion-20190129-story.html

It's only January, but Boeing Co. executives are already closing in on
one of their most important determinations of the year: whether to
plow an estimated $15 billion into a new jetliner family.

The aircraft nicknamed the 797 would feature Boeing's first all-new
design since the 787 Dreamliner's unveiling in 2004, while shoring up
its product line against recent Airbus advances. The European
plane-maker's incoming boss, Guillaume Faury, says he's waiting for
Boeing to tip its hand before revealing countermoves. That sets up a
likely showdown at the Paris Air Show in June.

Designed for economical flying on midrange routes — think Chicago to
Berlin, or New York to Los Angeles — the Boeing jet would have the
potential to transform air travel by spawning a new breed of
longer-distance budget carriers. But the decision on whether to move
forward hasn't been easy. A misfire would cannibalize sales of the 787
Dreamliner and endanger the cash bounty that has made Boeing a darling
of Wall Street.

"Every single other Boeing jet has been pretty much a guaranteed home
run, even if it wasn't clear at the time," said aerospace analyst
Richard Aboulafia. "This is different. They've got to be careful with
this."

Boeing's board is expected to review the case for the new program by
the end of March, according to people briefed on the matter. For now,
the team spearheading the concept, led by former 787 program head Mark
Jenks, has been meeting monthly with Chief Executive Officer Dennis
Muilenburg and Chief Financial Officer Greg Smith.

The sales force has been fine-tuning the design with airlines for at
least five years, creating a "will it or won't it?" drama around the
decision on whether to make the plane, known internally at Boeing as
the NMA, for new, middle-of-market airplane.

"With some planes, the technology is the 'moonshot'; with this, it's
the business case," Aboulafia said. The word "moonshot" is the term
Boeing uses for quixotic gambles that it has vowed to avoid after
loading the 787 Dreamliner with groundbreaking technology and an
unproven production system — then losing money on the first 500 or so
planes after extensive delays.

For Boeing and Airbus, committing to an all-new aircraft is a
once-in-a-decade event. Costs are prohibitive, delays are the norm and
payoff can take years to materialize. Boeing could easily spend more
than $15 billion on the NMA, according to Ken Herbert, analyst with
Canaccord Genuity, and Airbus may be forced into a clean-sheet design
if sales take off.


more at
http://www.chicagotribune.com/busine...jetliner-decis
ion-20190129-story.html



As a "too big to let fail" company Boeing has
the luxury of losing billions on a risk. If nothing
else the government will just ramp up it's military
purchases to keep the company afloat.

Some of us remember when DC 10 sales fell off
after that engine separation crash in Chicago, the
government stepped in ordered a bunch to use as
tankers.
  #3  
Old January 30th 19, 04:18 PM posted to alt.binaries.pictures.aviation
Miloch
external usenet poster
 
Posts: 24,291
Default Looks like the ole "polar vortex" is whipping thru Chi-Town & headed to all points South...

In article , Mitchell Holman
says...

Miloch wrote in
:

...for those of you affected, guess you'll be taking the day(s) off.

In the meantime:

Boeing faces $15 billion decision of the decade: Is it time to build
the 797?

more at
http://www.chicagotribune.com/busine...jetliner-decis
ion-20190129-story.html



As a "too big to let fail" company Boeing has
the luxury of losing billions on a risk. If nothing
else the government will just ramp up it's military
purchases to keep the company afloat.

Some of us remember when DC 10 sales fell off
after that engine separation crash in Chicago, the
government stepped in ordered a bunch to use as
tankers.


This just came out:

Boeing shares surge after monster earnings beat and a record $101 billion in
annual revenue

https://www.cnbc.com/2019/01/30/boei...s-q4-2018.html

•Boeing reports more than $100 billion in annual revenue for the first time.

•The aerospace giant also provides a strong 2019 forecast, expecting earnings of
$19.90 to $20.10 a share.

•Boeing's commercial airplanes business delivered a record 806 aircraft last
year but the company expects to shatter that in 2019, saying deliveries will
climb to 895 to 905 next year.



*

 




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