Miloch <Miloch_member@newsguy.com> wrote in
news:q2rgj80127p@drn.newsguy.com:
> ...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/business/ct-biz-boeing-797-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.
>
> 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
> 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/business/ct-biz-boeing-797-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.
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