Boeing's stock posted its biggest two-day drop in a decade and several Wall Street firms are warning that investors are still not anticipating the risk now facing the company's core airplane model.
"The 737 MAX is the largest product revenue and EBIT contributor at Boeing, causing substantial investor questions on the situation," Goldman Sachs analyst Noah Poponak said in a note to investors."We believe investors were pricing in very limited risk to the 737 ramp-up profile, which now has greater risk within the wide range of possible outcomes following these incidents."
"On the one hand, should the 737 MAX problem be contained to a software fix, this would likely be a quicker and less costly fix implementation," Poponak said."On the other hand, if it is determined to be a more comprehensive design flaw that requires more redesign it could take long and be costly."Here is what all the major Wall Street firms are saying about the Boeing 737 MAX:
"Yesterday we hosted a call with Dr. R. John Hansman, the T. Wilson Professor of Aeronautics and Astronautics at MIT and Director of the MIT International Center for Air Transportation ... Prof. Hansman also addressed how fixes can be executed depending on the nature of a problem ...
Source: News Formal (newsformal.com)
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U.S. says Boeing 737 MAX 8 airworthy but says Boeing will make design changesThe United States told international carriers on Monday that the Boeing 737 MAX ... So it's fine, just needs a design change. Thinks: I'm happy to travel on one as long as I'm not travelling. The water is fine, just need to filter out the dirt Seems like Design Changes got them to this point.
Source: Reuters - 🏆 2. / 97 Read more »
Experts split on whether Boeing 737 MAX 8 should continue to flyCNN News, delivered. Select from our newsletters below and enter your email to subscribe. Boeing Please don’t, just kill it. Transatlantic flights should still be on wide bodies. This was sabotage. someone is trying to make Boeing look bad
Source: CNN - 🏆 4. / 95 Read more »
Boeing promises to update flight control system after another 737 Max 8 goes downIn a statement released late Monday evening, Boeing said it would deploy a software update to its flight control system after a Federal Aviation Administration advisory called for 'design changes' by April. Might be a plan!! Pinky promise? Meanwhile enjoy your flight !
Source: washingtonpost - 🏆 95. / 72 Read more »
Boeing 737 Max: Debunking traveler myths about the plane at the heart of two air disastersNo, Southwest Airlines is not using the Boeing 737 Max 8 on its new Hawaii flights. Yes, some airlines are quietly working with concerned travelers. It’s brand new. Think if we would of had a professional leading the FAA instead of a trump buddy I wouldn't get on one.
Source: USATODAY - 🏆 100. / 63 Read more »
Groundings of Boeing 737 MAX 8 Jets Spread After Ethiopian Airlines CrashBoeing’s troubled 737 MAX jet was hit with new groundings in Singapore and Latin America on Tuesday, as the company struggled to contain the fallout from Sunday’s deadly Ethiopian Airlines crash. But... the pilot? fox reported they had ONLY 200 hours flying time? If true then y'all need to look at human error. Who flies commercial with 200 hours flying time? 8 Americans died! SMH. ShesAPatriot Good! They spend more on lobbyists than on flight safety
Source: WSJ - 🏆 98. / 63 Read more »
U.S. to mandate design changes on Boeing 737 MAX 8 after crashesThe United States will mandate that Boeing Co implement design changes by April ... davidshepardson That's mind boggling since it's being reported that the cause of the crash has not yet been discovered. davidshepardson And prior to the implementation it’s just thoughts and prayers? WTF!
Source: Reuters - 🏆 2. / 97 Read more »
A Boeing Pacesetter, the 737, Confronts Trying TimesBoeing achieved another milestone last year, snagging the Guinness world record for most-produced plane model with its 737 single-aisle jet. Now the company faces one of the program’s most challenging periods. Very simple, shut it down and recall the ones out there. Software glitch while taking off had good. Unless the bad guys using cell towers to access Boeings avonics, game changer.
Source: WSJ - 🏆 98. / 63 Read more »
Singapore temporarily grounding all Boeing 737 MAX aircraftThe Civil Aviation Authority of Singapore said Tuesday it is temporarily suspending operation of all variants of Boeing's 737 MAX aircraft into and out of the country. thanks for updates cnbc Mexico also, see how FAA and fakenews cnbc will throw caution to the wind in order to protect markets but not you? It's the 3rd 737 to crash don't forget 2010 , 2 in 5 MO. $BA Ethiopian Plane lost an engine on take off. Numerous witness’ report seeing smoke. Pilots failed to maintain control after failure. CDR and CVR will confirm...
Source: CNBC - 🏆 12. / 72 Read more »