Boeing has had a rough couple of weeks
Mar. 11th, 2024 12:29 pmThings were looking slightly up for them when they announced the possible acquisition of Spirit AeroSystems (I may have called it Spirit Aerospace in previous posts), the maker of their fuselages. Spirit was formerly their own company, but in a brilliant move they spun it off into its own company, leaving them with zero control to remediate manufacturing defects before the tubes were shipped from Kansas to Seattle/Tacoma for assembly, requiring a "warranty crew" to be permanently stationed at the Boeing plant to fix them up.
Not a smart move.
In the last couple of weeks we've seen these Boeing jet lovelies:
--A wheel fall off one of its rear landing wheel assemblies on take-off, causing a lot of damage to parked cars. Fortunately no one was injured. A similar thing happened a month or two ago where a jet was waiting to taxi for take-off, and a nose wheel decided to roll away.
--Another jet, on landing, lost function of its rudder, greatly affecting its ability to steer. The front wheel, while steerable, is not intended to steer the plane at speed, but in an emergency - as this kinda was - it can be used as such and the plane made it safely to the gate. Later testing found a failed component
Now, as terrible as a wheel falling off is, those aren't Boeing's fault. That's problems with the individual airline's maintenance. The failure of the rudder system? Same thing. Part failure, maintenance not noticing it. Not Boeing's fault. Not good optics, but that's just bad luck.
But that isn't the biggie. The Department of Justice has opened a criminal investigation into the January 5th Alaska Airlines door blowout incident.
Here is a particularly damning line in the article: "Boeing has acknowledged in a letter to Congress that it cannot find records for work done on the door panel of the Alaska Airlines plane." They cannot find records for work done on the door panel. What the ever-loving fuck. Aircraft repairs have log after log after log. Individual parts have logs noting how many hours are on them. Well, maybe not parts, but certainly assemblies. Boeing's computer systems REQUIRE that this stuff be logged! And they can't find the records.
This might be a good time to short Boeing stock
https://apnews.com/article/boeing-ntsb-door-plug-emergency-landing-2d23408a25eff999579c88071836dbec
Not a smart move.
In the last couple of weeks we've seen these Boeing jet lovelies:
--A wheel fall off one of its rear landing wheel assemblies on take-off, causing a lot of damage to parked cars. Fortunately no one was injured. A similar thing happened a month or two ago where a jet was waiting to taxi for take-off, and a nose wheel decided to roll away.
--Another jet, on landing, lost function of its rudder, greatly affecting its ability to steer. The front wheel, while steerable, is not intended to steer the plane at speed, but in an emergency - as this kinda was - it can be used as such and the plane made it safely to the gate. Later testing found a failed component
Now, as terrible as a wheel falling off is, those aren't Boeing's fault. That's problems with the individual airline's maintenance. The failure of the rudder system? Same thing. Part failure, maintenance not noticing it. Not Boeing's fault. Not good optics, but that's just bad luck.
But that isn't the biggie. The Department of Justice has opened a criminal investigation into the January 5th Alaska Airlines door blowout incident.
Here is a particularly damning line in the article: "Boeing has acknowledged in a letter to Congress that it cannot find records for work done on the door panel of the Alaska Airlines plane." They cannot find records for work done on the door panel. What the ever-loving fuck. Aircraft repairs have log after log after log. Individual parts have logs noting how many hours are on them. Well, maybe not parts, but certainly assemblies. Boeing's computer systems REQUIRE that this stuff be logged! And they can't find the records.
This might be a good time to short Boeing stock
https://apnews.com/article/boeing-ntsb-door-plug-emergency-landing-2d23408a25eff999579c88071836dbec