Boeing CEO: "We Are Losing Billions and May Have to Shut Down the Company!"
2023年10月13日
In today's deep dive, we look at Boeing's turbulent history and its recent announcement of probable reorganisation despite billion-dollar deficits. Boeing's current position, as one of the industry's stalwarts, is not just a reflection of its own issues, but also a monument to the rapid shifts in the worldwide business and aviation landscape.
Boeing has been identified with air travel throughout its storied history, linking continents with famous aircraft such as the 747 and the 737. Recent obstacles, ranging from the 737 Max crisis to internal organisational dynamics, have placed doubt on the company's future. While many people recall the Boeing-Airbus competition, the story is considerably richer. Emerging competitors such as Embraer of Brazil, Bombardier of Canada, and Comac of China are adding layers of complexity to an already intensely competitive market.
However, Boeing's tale is linked with geopolitics, environmental concerns, investor views, and technology changes. Boeing's decisions have far-reaching consequences because it is a significant defence contractor. Regulatory organisations, ranging from the United States Federal Aviation Administration to the European Union Aviation Safety Agency, will definitely be watching the company's every step.
Understanding the complexities of Boeing's path is critical for investors, industry enthusiasts, and even the average traveller. While deconstructing the variables influencing its fate, we'll also shed light on broader industry dynamics, investigating how global behemoths adapt, innovate, and handle hurdles in an ever-changing landscape.
So strap in as we soar over this complex web of business tactics, competition, and aeronautical miracles. There's something in this story for everyone, whether you're on Team Boeing or rooting for Airbus, Embraer, Bombardier, or Comac. Don't forget to like, share, and subscribe for more in-depth looks at business and aviation!
112 条评论
Hongde Li
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@Dirk-van-den-Berg
@Dirk-van-den-Berg
3周前
The only way to get out of this crisis, is to throw all layers of management out that are not involved directly with the production of the planes. And post some videos about how Boeing takes safety of their designs and testing highly seriously. Airbus recently cooperated in a Flightradar24 short movie, where the 321XLR testingphase was filmed. Brilliant PR.
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@gilbertmoyes2918
@gilbertmoyes2918
2周前
Listen and learn to your engineers and Inspection teams. Not your accountants, and put managers in charge that care about the end product, not what the New York Stock exchange looks like that might effect their end of year bonus.
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@hidden-treasures
@hidden-treasures
2周前（修改过）
Two words. PMP and MBA. I loved my engineering job when I worked for Engineers. When I was forced to work for PMP types who knew nothing about Engineering, my work life because so bad I had to retire after becoming disabled... My whole office became ulcer and heart problem city... PMPs are ruining good engineering organizations...
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@alexlo7708
@alexlo7708
6天前
Boeing provided a free training program for domestic 737MAX airlines pilots while it charged other countries' airlines asking for the training under the pretext of "no need". And that is why the 737 MAX accidents occur.
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@daviddibble1338
@daviddibble1338
11天前
My dad worked at Boeing for years. When Boeing bought out MD my dad told me that 'this will be the death of Boeing'. I don't know how he knew but somehow the MD managers ended up running the show. The company wasted millions moving the company HQ from Washington, they quit listening to enjineers and were only worried about the profit. They sold off the plant in Wichita and moved the Air Force one program. What a mess they have become. Back in the day I was pround of Boeing, and felt safe on the aircraft. Today, I would rather fly Air Bus. Shame on those that runied this company.
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@ltribley
@ltribley
9小时前
Just came back from a 6 week overseas trip to Japan and China covering, in addition to Japanese and U.S. flights, multiple flights across China covering cities between Shanghai and the Gobi Desert.
ALL the planes we flew were AIRBUS irrespective of airline. All were well maintained and comfortable irrespective of age.
While Boeing is in decline, AIRBUS in China recently signed new contracts, is expanding, gaining market share with the opening of new production lines and final assembly of aircraft in China.
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@peterau108
@peterau108
15小时前
The management is the problem all along. Cutting cost to inflate earnings so share prices go higher while slackening in quality control ultimately bring down American’s gem.
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@michaelpare9617
@michaelpare9617
3周前
These idiots have ran that company into the ground.
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@namelesswarrior4760
@namelesswarrior4760
13小时前
Single-Aisle passenger airliners.
Boeing 737 Max 8 = $121 million - no further discounts offered
Airbus A320 NEO = $111 million - no further discounts offered
COMAC C919 = $99 million with up to 50% discount based on the number of planes purchased.
Source: reuters
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@Fightback2023
@Fightback2023
4天前
Boeing can't survive without Chinese market period.
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@Jim-nt7xy
@Jim-nt7xy
9天前（修改过）
Boeing lost trust and credibility with the 737 fiasco.
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@harmonsalmon7739
@harmonsalmon7739
7小时前
The engineers who love their jobs must move to other countries, they have over extended themselves and becomes a marketing consultant company, they have not invested in engineers enough and have become too political.
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@juvezhang1715
@juvezhang1715
4天前
COMAC and AIRBUS will rule the aviation world
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@Screenwriter1953
@Screenwriter1953
5天前
GO LEAN!!! Break up BOEING into three different corporations (space, defense, and civilian) and sell the unrelated divisions.
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@iechuanlee9326
@iechuanlee9326
6天前
This is what happens when Alstom Siemens, Japanese companies are destroyed by US hegemony.
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@kcchong5661
@kcchong5661
1天前
All passenger airliner makers, except Boeing, are not defense manufacturers as well.
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@oki1966
@oki1966
3小时前
Boeing’s major curse is that it has a defense contracting division that affects the leadership core focus and ethics. Not a company that focused on creating excellent planes, but happy with easy defense contracts that hires lazy ex military employees that have nothing to do with aviation. Lol
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@edwingan1758
@edwingan1758
2天前
Selling military stuff to Taiwan must have cost the China market
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@supercat380
@supercat380
8天前（修改过）
Boeing has made the repetative and miscalculated mistake of failing to introduce new innovative technology to it's aircraft. It stayed with outdated cockpit design, non fly- by - wire, and older design varients.
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@tomc.2808
@tomc.2808
2周前
CHANGE MANAGEMENT - and company will be OK ?
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@georgemelder6082
@georgemelder6082
3天前
The chinese and russian compsnies should not do any businesses with Boing, or any other european companies but fevelop their own technologies and products. Russia can built planes for their own use.
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@sarahkhan2310
@sarahkhan2310
3周前
Everything is breaking up and collapsing in the uS. The retributive KARMA of ill intended deeds will be very very painful that follows like a shadow that never leaves
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@pentameteriamb6196
@pentameteriamb6196
3周前
Why don't they fire Calhoun and get someone with a clue?
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2 条回复
@wfamdaxj
@wfamdaxj
2周前
If only they had upgraded the 757 or gone on with the 797.... get ya fingers out chaps...
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@davidnek8196
@davidnek8196
2周前
Cut your greed and that may help saving your business.
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@allanjelenjelen7559
@allanjelenjelen7559
2周前
Once upon a time Boeing Macdonald Douglas Northrup Grumman great aviation,now lots of problems why?.
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@Richard-pe4cx
@Richard-pe4cx
4天前
global recession not enough people with jobs that pay enough for families raise a family and have enough to spare for air travel
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@hylimm
@hylimm
1天前
When u cut out of China market, what do you expect!
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@phongy45
@phongy45
3天前
Lol, instead of cooperation with all ... these bullies always use unethical sanctions, etc, to gain ...
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@changchunkit3883
@changchunkit3883
16小时前（修改过）
Lion Air Flight 610 on October 29, 2018 and Ethiopian Airlines Flight 302 on March 10, 2019, total victims = 346, avoided trial but paid 2.5billions in compensation, how does it tell us about their characters and humanity, how relevant are those planes be allowed to fly again while its safety issues are left non-address? super salesman lindsey graham must be locked out and never be allowed to promote boeing sales again
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@Nathan-xm5pu
@Nathan-xm5pu
5小时前
When they make a billions there is no any complain
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@rosetzu_nagasawa
@rosetzu_nagasawa
2天前
did the purchase of MacDonald has anything to do with this?
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@LuckyJojo-yb9vt
@LuckyJojo-yb9vt
3天前
The problem with Boeing is within internal. Reflected by the extremely flawed design of 737max and attempting to use PR to resolve the issues instead of truly solving the technical safety design.
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@kanpakloykan7105
@kanpakloykan7105
7天前
What !!!! That aviation company going Boink. Boink. Boink. Have no fear for demented uncle will print more money to get u in gear. After all, printing more more money is free to demented uncle.
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@stevenlow8452
@stevenlow8452
3天前
You really mean closes shop for good this time,boeing n airbus is it due to the ukraine conflict or europe in bankcruptcy.
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@likwidface
@likwidface
3周前
Where are the quotes located, or is this all editorialized?
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@irwantrahmat9441
@irwantrahmat9441
3天前
The giant is crumbling
Pride and contempt of other
Cause. The fall
Threes no status quo when come to tecnology
Bye bye bbooing. !!!
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@rubylaser8601
@rubylaser8601
2周前
Then why are you still there at the position?
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@MrKlipstar
@MrKlipstar
1天前
Boeing,no more...?
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@shamundungarwalla1517
@shamundungarwalla1517
2天前
SELL IT TO THE CHINESE
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@kidsaviationmentour
@kidsaviationmentour
3周前（修改过）
,,,, too much competition does it mean Boeing isn't effective Boeing Is good
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3 条回复
@wulung5943
@wulung5943
17小时前
Sòòoooo saaaaaad
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@torccchaser6712
@torccchaser6712
3周前
How sad is this ???????????????????????????????????????????????????????????????????????????????????????????????
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1 条回复
@aldywonake2522
@aldywonake2522
6天前
Blame your presidents
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1 条回复
@user-es6eg7tl4d
@user-es6eg7tl4d
2周前
good
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@ali.mszmilek5152
@ali.mszmilek5152
3周前
2023.2024
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@oscarpeterarcuna5400
@oscarpeterarcuna5400
4小时前
GOOD NEWS, let send more money to ukrain and israel.. hows that for america last?
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@pieterporter2278
@pieterporter2278
13天前
Oh please. So dramatic. Boeing will never close
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1 条回复
@lewislane1143
@lewislane1143
13小时前（修改过）
Please shut down the company and save tax payers trillions of dollars. I will never fly Boeing. I deeply do not trust thier safety.
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@stanleythompson9021
@stanleythompson9021
3周前
No to shut down or break up.
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@twrldr1
@twrldr1
3周前
Sorry, I'll never fly in a Chinese plane...
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10 条回复
@new_prussia
@new_prussia
3周前
This ai generated shit needs to be stopped.
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1 条回复
@jimgraham1404
@jimgraham1404
3周前
Thank you Jeppesen. /. Foreflight
