Another Boeing 737 Max-8 crash

If you don't have expertise on staff you have no business over seeing someone who does. Someone who receives a paycheck isn't objective and can't be relied on to put the publics safety above his paycheck.

 

How would you propose our government solve that? How do they acquire decades of insanely technical experience and keep up with all the changes of every airplane manufacturer in the world? Cooperation is the only path. I think it's pretty much how all government regulation works.

 

Tell that to the No Talent Ass Clowns at the EPA for me , would ya.

thaaaaannnkks.

 

FAA boss is set to test fly it this week


https://sports.yahoo.com/boeings-737-max-jet-piloted-213459039.html?guccounter=1

 

Approval came through this morning. The Max is back!! (And probably never should have been gone)

 

"The U.S. agency said changes in software, design and training had made the plane safe to operate after two fatal crashes and 20 months out of service"
https://www.nytimes.com/2020/11/18/...4807&user_id=32b6dd70b1ffee4e35419bf9fa265f4b

Basically no one is in a rush to get them back in service as their isn't much passenger demand right now. So actually it was probably good that they were grounded.

 

Boeing's stock is up 3-4% today. Another 40% and I'll be even.

 

Dam, thats rough, sorry to hear.....but I have "some" faith.

I cant nail down WHY I got lucky, but I did.....scraped a bunch off in Nov 2019 and went VERY conservative....at the time, things were great, but with an election year and retirement looming, I sold.....I kept some that I had purchased as an employee way back around 1996.

When it went to crap ($95ish, march?).....I bought back in for 10K. I'm watching. I will probably scrape again in the near future.

I wonder what it will take for them to reinstate dividends.

I'm very relieved to see the Max back. You are more directly involved in the industry....are you in any way optimistic about just breaking even on your stock?......Or are you not seeing it recovering any time soon?

Good luck sir. I still have hope for better BA days.

 

This is in my play account. My real retirement is in typical mutual funds. I bought when it was down and I thought there was an end in sight for the MAX thing. The pandemic changed all of that. I'll hold for now and hopefully it will come back. I had a very well timed purchase of ALGN as well as some oil stock purchases in April that have actually pushed my play account beyond what I consider "play money". Which I guess was the point.

I'm optimistic about the aviation industry as a whole, but I am much more involved in GA. We are having a record year and expect that to continue for at least the short term.

 

GA = General Aviation????

Is that a stock ticker?....I'm not seeing it.

 

Yeah. Sorry. GA = General Aviation

 

I don't see commercial aviation recovering for a long time. Maybe not until the kids that are younger than 10 start to buy airfare. Businesses will be pull back significantly, which is a massive portion of the total. Maybe, if these vaccines are phenomenal we'll all start flying again like nothing happened for personal travel, but I still think it will take a while.

 

I was playing around with the Flight Radar app today and spotted this. Interesting flight number.

 

I would assume that the BOE indicates a non-revenue flight (B1 or B*) performed by Boeing as an internal test, or a Customer test flight (C1 or C*) to validate airworthiness. As the Max has been distributed over many locations for storage these last two years that the origination and destination locations are irrelevant.

But! I am not a flight expert, nor have I stayed anywhere near a Holiday Inn. I have just been around a couple of instances regarding flights and Boeing or Customer flight designations.

 

Boeing 737 Max Resumes Flying U.S. Passengers After 2-Year Halt...a flight from Miami to New York.

https://www.nytimes.com/2020/12/29/...7973&user_id=32b6dd70b1ffee4e35419bf9fa265f4b

as an aside, the first commercial max flight return was on 12/9/2020...Brazilian Airline GOL


https://www.nytimes.com/live/2020/1...rst-airline-to-restart-boeing-737-max-flights

 

I scrolled past that map pic above too quickly and thought it was a flight from Atlantic City up to LGA

 

Is that a UPS or a FedEx plane?

 

Haha took me a minute.

 

i’ve had a couple in my airspace over the last couple of days. westjets

 

Looks like Boeing is going to have to payout ~ $2.5b on this matter.