The plane they are going to rebuild is, as shown above, a Cessna Skywalker.I suspect it's a generic O-2/C337 picture rather than the actual development bed.
Up to 7 confirmed casualties and 6 survivors, it's all very scary and sad. I could see the cloud of smoke from work. Admittedly we feared it was a commercial plane, initially.According to CNN, the Collings Foundation's B-17 the "Nine-oh-nine" has crashed in Connecticut at Bradley International Airport. At least two deaths and others hospitalized.
The Foundation's site seems to be down for maintenance at the moment.
No, that's a picture of a Piper Navajo with gear extended. (Unless they changed the pic from when you saw it to when I saw it...)
Yep. When you're pretty much in a 2 contender fight for an entire market, you can't suddenly just disappear from one mistake. That's like saying Samsung should've shut down all operations back when their phones were blowing up. That was just one product from that company against their competitor who both dominate the market together. 20 years from now the average person flying won't remember what plane it was that killed 300+ people, just as most don't remember all of the other crashes that have gone down within the last 20 years too.One year of loss, resulting from issues with one model of aircraft out of the many commercial, business, and military aircraft that they produce and support, is hardly grounds for discussing "long-term financial health." Especially when 8 of the 21 positive years in front of that are at least $4B. (That's the kind of thing you look at when you use the words "long term.")
The MAX had issues, Boeing is correcting them, and they expect to return the airplane to service sometime this year.
So yes, it's the worst year ever, but it's not a trend, nor is it an indicator of anything "long-term."
So I guess people shouldn't be surprised anymore in case Boeing ever gets bankrupt one of these days just because of these turmoils they're currently having now.Seattle Times reports
"Boeing doubled its projection of the cost of the 737 MAX crisis Wednesday, adding another $9.2 billion in losses, accounting write-offs and estimated higher future production costs. This brings the total to $18.4 billion.
The company reported a full-year net loss of $636 million, the largest in Boeing’s history."
They continue
"But new CEO Dave Calhoun said he’s confident about the MAX and Boeing’s eventual recovery. “We will get through this moment,” he said. “I believe we’ll deliver the safest airplane in the sky.”
It's already been in the sky, and it got grounded because of 346 deaths in two crashes. So it's a bit late know. All Boeing can do is compensate for the baked-in flaws.
The focus on cost-cutting and adherence to schedule was made during the last few years of record earnings, in fact was a significant contributor to those earnings. And now the shoddy design and construction has resulted in a grounded fleet, dwindling sales and record losses. Once again, the chase for short-term profits comes at the expense of long-term financial health.
The chance of Boeing going bankrupt from the Max ordeal and last year's losses is fairly slim, to be honest. People forget that Boeing isn't just the 737, and that they have a billion other money making products. From space launches to parts distribution to various domestic and international military contracts. Plus there is still the looming Boeing Brazil thing with Embraer, and the 747F, 767F, 777 and 787 lines that are still producing aircraft. Boeing also does freighter conversions of their older aircraft.So I guess people shouldn't be surprised anymore in case Boeing ever gets bankrupt one of these days just because of these turmoils they're currently having now.
Well, yes but who knows what may come next for them. The reason why I said only in case it happens. If they start to lose customers each year because of the events that are plaguing them, it will be inevitable.The chance of Boeing going bankrupt from the Max ordeal and last year's losses is fairly slim, to be honest. People forget that Boeing isn't just the 737, and that they have a billion other money making products. From space launches to parts distribution to various domestic and international military contracts. Plus there is still the looming Boeing Brazil thing with Embraer, and the 747F, 767F, 777 and 787 lines that are still producing aircraft. Boeing also does freighter conversions of their older aircraft.