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777X: now with improved ventilation!

Posted: Mon Sep 09, 2019 12:41 pm
by elaw

Re: 777X: now with improved ventilation!

Posted: Mon Sep 09, 2019 11:09 pm
by 3WE
Eric's article: Sources tell KOMO there was a stunned silence after it happened.
I dunno, I would have expected a loud bang after it happened???

Re: 777X: now with improved ventilation!

Posted: Wed Sep 11, 2019 12:34 am
by Gabriel
Testing officially suspended (and hence program factually delayed) while the investigation is ongoing.
I don't think it will be quick. When the investigation part is complete, who knows what will be the finding and then they need to start working in the corrective actions. I would not be surprised if first revenue flight moves from early 2020 to late 2021.

With the MAX and the 777-X commercially halted and the 747 almost halted, the only thing they have in business is the 787. I wonder how much capital cushion they have before this leads to curtains.

Re: 777X: now with improved ventilation!

Posted: Wed Sep 11, 2019 3:13 pm
by J
With the MAX and the 777-X commercially halted and the 747 almost halted, the only thing they have in business is the 787. I wonder how much capital cushion they have before this leads to curtains.
According to one Investment Banker, Verbal doesn't have to worry:

(excerpt)
Wall Street's biggest Boeing bull breaks down why the 737 Max fiasco has created a great buying opportunity

"Our top pick remains Boeing as we believe the 737 Max pause creates a buying opportunity while the aerospace cycle is steady," Morgan Stanley analysts wrote in a Monday note. The combination of an "A-rated" balance sheet, attractive valuation, and the progress of Max upgrades has kept the firm positive on Boeing shares.

The company has a A2 credit rating, which the analysts say gives them the ability to raise more debt capital if necessary. Year to date, the company has raised more than $10 billion in debt while noting unused credit of more than $6 billion, the firm said.

After the 737 MAX is returned to flight, Morgan Stanley believes that demand for the airplane will return to normal — something supported by the company's backlog. This will help Boeing return to growing earnings between 10% and 15% each year, analysts said.

https://markets.businessinsider.com/new ... 1028513872