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Boeing Craters On Another Burning Dreamliner; Deadly Train Crash In Paris

Tyler Durden's picture


UPDATE 2: Boeing chimes in:

UPDATE: Boeing stock now down over 6% from pre-news...

testing 50DMA...


First it was imploding peripheral bond markets, now Europe is closing off the weak with even worse news, following reports of a burning Ethiopian Airlines 787 Dreamliner in Heathrow as well as news of a commuter train crash in Paris with numerous trapped and 8 dead according to Parisien. Boeing stock getting monkeyhammered on this latest ongoing fiasco, which for Boeing's sake better not involve the Lithium batteries...

First this:

Bloomberg reveals it is a...surprise... Boeing 787:


Boeing stock crashing:

The Dreamliner in question:

And now this:

And from France24:

Picture of the train:






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Fri, 07/12/2013 - 12:15 | 3745523 Capitalist
Capitalist's picture

Who is John Galt?

Fri, 07/12/2013 - 12:16 | 3745526 ParkAveFlasher
ParkAveFlasher's picture

+100, read my mind.

Fri, 07/12/2013 - 12:26 | 3745585 Pladizow
Pladizow's picture

The American MSM will report the cause as South Korean culture!

Fri, 07/12/2013 - 12:33 | 3745609 jayman21
jayman21's picture

I am affraid.  I want to gov't to do something.  I can just see the MSM headlines scaring the ....?



Fri, 07/12/2013 - 12:47 | 3745671 ACP
ACP's picture

Notice how the PPT swooped in and banged up the S&P right when that happened.

Fri, 07/12/2013 - 12:57 | 3745724 Derezzed
Derezzed's picture

At this point I wouldn't fly B787, even if it was "pissing whisky" ...

Fri, 07/12/2013 - 13:01 | 3745740 12ToothAssassin
12ToothAssassin's picture

Train derailment? Looks more like some soccer (oops I mean futbol) hooligans tipped over a car...

Fri, 07/12/2013 - 13:04 | 3745754 12ToothAssassin
12ToothAssassin's picture

The new tagline: Crushing hopes and dreams.

Fri, 07/12/2013 - 14:21 | 3746013 Joe Davola
Joe Davola's picture

That's certain to cause confusion and delay.

Fri, 07/12/2013 - 21:57 | 3747277 Nom de Guerre
Nom de Guerre's picture

+1 for referencing Thomas.

Fri, 07/12/2013 - 13:05 | 3745760 Ident 7777 economy
Ident 7777 economy's picture




Or should that caption read:


"  Boing !  "




Fri, 07/12/2013 - 12:47 | 3745672 TuesdayBen
TuesdayBen's picture

The Boeing Corvair

Fri, 07/12/2013 - 13:05 | 3745764 Jumbotron
Jumbotron's picture

Never fear HFT algo's and POMO chickies........Boeing's Dreamliner Replacements are in the pipeline !!



Fri, 07/12/2013 - 13:20 | 3745837 CrimsonAvenger
CrimsonAvenger's picture

The Air Pinto

Fri, 07/12/2013 - 12:41 | 3745644 tsx500
tsx500's picture

or an obscure Youtube video

Fri, 07/12/2013 - 12:53 | 3745696 Gringo Viejo
Gringo Viejo's picture

SKYHIGH AIRLINES: "We've Got Our Head In The Clouds."

Fri, 07/12/2013 - 13:05 | 3745759 12ToothAssassin
12ToothAssassin's picture

"We're not happy until you're not happy"

Fri, 07/12/2013 - 13:49 | 3745933 Anusocracy
Anusocracy's picture

Never Get There Airlines from Rocko's Modern Life.

Sun, 07/14/2013 - 13:02 | 3751573 mkhs
mkhs's picture

Wonder Airlines.  If you get there alive, it will be a wonder.


Proudly stolen from Looney Tunes, early twentieth century.

Fri, 07/12/2013 - 12:18 | 3745538 BigPerm
BigPerm's picture


Fri, 07/12/2013 - 12:53 | 3745695 Muppetrage
Muppetrage's picture

He's that guy with the engine that runs on nothing, apparently this aircraft doesn't have that. He must be still keeping it secret.

Fri, 07/12/2013 - 12:15 | 3745524 RacerX
RacerX's picture

religion of peace?

Fri, 07/12/2013 - 12:17 | 3745528 observer007
observer007's picture

New Snowden Statement in Moscow:

Fri, 07/12/2013 - 12:28 | 3745589 joego1
joego1's picture

Hist statement rings true. It will be interesting to see how the world reacts to this.

Fri, 07/12/2013 - 12:34 | 3745612 john39
Fri, 07/12/2013 - 12:49 | 3745680 francis_sawyer
francis_sawyer's picture

Once you've mastered the art of Fiddling on Roofs ~ you're more slippery than a greased pig... [oh wait]...

Fri, 07/12/2013 - 13:04 | 3745757 Kirk2NCC1701
Kirk2NCC1701's picture

Because they are smart enough to know the difference between, legal and wet-job persecution.

Rhetorical question: Do you and your ilk have difficulty making that distinction?

Fri, 07/12/2013 - 12:17 | 3745532 Volaille de Bresse
Volaille de Bresse's picture

The end is near! REPENT! (and sell your gold to Uncle Ben)

Fri, 07/12/2013 - 12:18 | 3745536 Flakmeister
Flakmeister's picture

Waiting for another Interstate bridge to collapse for a trifecta...

Just another form of looting or byproduct of it....

Fri, 07/12/2013 - 12:19 | 3745544 Inthemix96
Inthemix96's picture

Domestic inteligence extremism.

Is all.

Fri, 07/12/2013 - 13:08 | 3745777 TheFourthStooge-ing
TheFourthStooge-ing's picture

Sounds like a problem that is begging for the application of a potato peeler.

Fri, 07/12/2013 - 12:24 | 3745570 thismarketisrigged
thismarketisrigged's picture

that is 2 boeing airplane crashes in less than a week.

boeing should be at 120 shortly.


its down today, but that will be short lived.


its amazing how boeing was at like 70 in jan and now its at 103 in july. 


no bubbles though, lol.



Fri, 07/12/2013 - 12:33 | 3745606 bankrun
bankrun's picture

Krugman says: burning planes mean MOAR GROWTH! Do you know how many windows a plane has?

Fri, 07/12/2013 - 12:58 | 3745655 lakecity55
lakecity55's picture

This is what happens when you do not contribute enough to Chalky's campaign fund.


Besides, what do expect from a plane held together by glue?

Fri, 07/12/2013 - 13:12 | 3745783 Ident 7777 economy
Ident 7777 economy's picture






" that is 2 boeing airplane crashes in less than a week.



WHERE IS THAT 2nd CRASH? <br> (Looks like that plane above actually LANDED unless you WANTED some other outcome)



Fri, 07/12/2013 - 13:28 | 3745858 thismarketisrigged
thismarketisrigged's picture

my bad, i wrote that at the time when i thought that todays was a crash also.


ill rephrase. 2 boeing incidents in less than a week

Fri, 07/12/2013 - 12:25 | 3745576 TrustWho
TrustWho's picture

boeing 787 today and pilots can not fly 777 yesterday?

Fri, 07/12/2013 - 12:29 | 3745578 Totentänzerlied
Totentänzerlied's picture

They call it the Dreamliner cause it only works... in your dreams.

Coming to the US (actually already here).

Fri, 07/12/2013 - 13:10 | 3745792 TheFourthStooge-ing
TheFourthStooge-ing's picture

Also soon to be known as the Nightmairliner.

Fri, 07/12/2013 - 17:51 | 3746720 Temporalist
Temporalist's picture

Burning 666 Dreamfire

Burning 787 Steamflamer


Fri, 07/12/2013 - 12:27 | 3745588 thismarketisrigged
thismarketisrigged's picture

i must say it is fun watching boeing stock crash on level 2. all the red flashes makes me happy

Fri, 07/12/2013 - 20:54 | 3747127 StychoKiller
StychoKiller's picture

Boeing stawk:  "Controlled descent into terrain..."

Fri, 07/12/2013 - 12:29 | 3745593 Dubaibanker
Dubaibanker's picture

An explosion occured at a mosque in Birmingham in UK.

Has been called a terrorist attack by the police.


Tipton Mosque Blast: 'Nails Found' after Explosion in Birmingham Suburb


Fri, 07/12/2013 - 12:46 | 3745668 robertocarlos
robertocarlos's picture

But blowing up your own mosque doesn't make any sense. Maybe it's insured?

Fri, 07/12/2013 - 13:19 | 3745771 Dr. Venkman
Dr. Venkman's picture

Muslim Lightning doesn't have the same ring to it.

Fri, 07/12/2013 - 12:57 | 3745721 lakecity55
lakecity55's picture

"Has been called a terrorist attack by the police."

Wow, they are getting brazen. The deep state usually tries to hide these plans using cops to blow up stuff.

Fri, 07/12/2013 - 13:00 | 3745737 robertocarlos
robertocarlos's picture

Probably some white kids. They know how to make crude pipe bombs containing nails.

Fri, 07/12/2013 - 13:27 | 3745854 Dubaibanker
Dubaibanker's picture


Its funny when a mosque blows up in UK or US, it is called a terrorist attack from the very first minute. But when it blows up in Pakistan or Syria or Iraq, it is not! Go figure!

For example, mostly they are called suicide bombers (I wonder how and why ordinary illiterate rural people became suicide bombers......hmmmmmm): (here they called 'terrorist suicide blast')

Fri, 07/12/2013 - 12:31 | 3745599 thismarketisrigged
thismarketisrigged's picture

despite boeing accounting for nearly 6 percent of dows weighting, and being down now 6 percent, the dow is  only down a quarter of percent as a whole.


if boeing was not crashing, the dow would be flat. 


how pathetic, the bernanke put.

Fri, 07/12/2013 - 12:33 | 3745608 NoDebt
NoDebt's picture

The fallacy of broken windows/crashed airplanes?

All I know is Boeing just picked up 2 more orders on their books in a week.  Bullish.

Fri, 07/12/2013 - 12:38 | 3745619 Free_french
Free_french's picture

eight people killed here in paris.

The train broke. The first part of the train is allright - stay on track ... the second part cars  lying on the track or on a platform.

People had been electrocuted or crushed... We don't know for the crushed people if it was awaiting people at Bretigny sur orge or passengers as the problem occured at the station.

(This train was not supposed to halt at bretigny)

Fri, 07/12/2013 - 12:52 | 3745691 machineh
machineh's picture

Probably it was waiting for Godot.

Fri, 07/12/2013 - 16:40 | 3746545 Larry Dallas
Larry Dallas's picture

Was this the TGV high speed rail between Paris and London? Eurostar?

Fri, 07/12/2013 - 12:38 | 3745625 MichiganMilitiaMan
MichiganMilitiaMan's picture

With Snowden still brewing, need to scare everyone, including Europeans back into the arms of the NSA.

Fri, 07/12/2013 - 12:38 | 3745632 pods
pods's picture

Nobody needs to set their nuts on fire in one of those.

"Yeah, we better charge up the batteries before we take off again."


Fri, 07/12/2013 - 12:39 | 3745636 Whoa Dammit
Whoa Dammit's picture

How does a train car on a straight level track just tump over like that?


Fri, 07/12/2013 - 12:48 | 3745676 ParkAveFlasher
ParkAveFlasher's picture

Damn kids and their pennies.  Drone their asses!

Fri, 07/12/2013 - 12:39 | 3745639 Smegley Wanxalot
Smegley Wanxalot's picture

Damn it!  They need to PASS A LAW!

Now, dammit!


Fri, 07/12/2013 - 12:42 | 3745645 lakecity55
lakecity55's picture

wow, those nsa guys stay busy, huh?

Fri, 07/12/2013 - 12:45 | 3745650 ebworthen
ebworthen's picture

Fire on the 787 in the back, where the batteries are.

Design and engineering flaw not fixed. 

Saving 5 gallons of fuel to have caustic explosive batteries running critical systems = DUMB.

Fri, 07/12/2013 - 12:46 | 3745660 FieldingMellish
FieldingMellish's picture

If its the batteries, this will be good for Airbus, bad for Boeing. Watch their order book collapse. Weren't aircraft orders the only bright spot in the recent PMI? Oh dear. Train crash is a tragedy but insignificant for Europe as a whole.

Fri, 07/12/2013 - 12:50 | 3745683 ebworthen
ebworthen's picture


I would look at the train derailment as a possible harbinger that infrastructure maintenance has been cut or is not being done.

Any sober assesment of the bridges in the U.S. would show the same; sacrificing the future for present expediency.

Fri, 07/12/2013 - 13:06 | 3745766 ParkAveFlasher
ParkAveFlasher's picture

Shortage of labor.  When you fix prices, when you control capital, you tend to run out of things - supplies, tools, parts, hands.

Central planning = shortages

Economy 101

Fri, 07/12/2013 - 16:14 | 3746441 Totentänzerlied
Totentänzerlied's picture

I think you mean "watch the US gov continue stealth nationalization of Boeing", who's up for some no-bid contracts?

Fri, 07/12/2013 - 12:47 | 3745666 Save_America1st
Save_America1st's picture

I fucking hate trains and subways, etc.  The Marxist filth running our U.S. government want to funnel all of us onto trains via U.N. Agenda 21 and their NDAA relocation/re-education plans...all the FEMA camps are enclosd with razor wire and have train tracks feeding into them from one side and out the other. 

All trains lead to Auschwitz. 

Fri, 07/12/2013 - 12:54 | 3745698 lakecity55
lakecity55's picture

It is apparently very easy to gas and kill thousands on subways, as the recent "police" test in NYC proved.

I am sure they now know just how much Zyklon-B gas to use for their next FF attack.

I wonder how many NYC cops are gonna die when they pull that one off?


Sun, 07/14/2013 - 13:11 | 3751603 mkhs
mkhs's picture

Not enough?

Fri, 07/12/2013 - 13:13 | 3745762 TuesdayBen
TuesdayBen's picture

Exactly.  On public transit, we're all more like the chattel the statists want us to be, want us to perceive ourselves as, want us to submit to ...



chattel (comparative more chattel, superlative most chattel)

  1. Commonly used to describe the treatment of Russian serfs as property.

chattel (plural chattels)

  1. Tangible, movable property.  [quotations ?]
  2. A slave.
Fri, 07/12/2013 - 16:26 | 3746491 Totentänzerlied
Totentänzerlied's picture

While I do appreciate the point, I would be remiss not to point out that the universal car (oil-wasting debtmobile) ownership model that was central to, well, central planning for a century is not a viable alternative.

Long horses, mules, and oxen.

Fri, 07/12/2013 - 12:46 | 3745667 SheepDog-One
SheepDog-One's picture

Ethiopia can afford a 787 Dreamliner? 

Fri, 07/12/2013 - 12:48 | 3745674 Save_America1st
Save_America1st's picture

HAHA, right???  Not anymore!  It was probably their only one. 

Fri, 07/12/2013 - 12:55 | 3745711 machineh
machineh's picture

Miracle of vendor financing.

Fri, 07/12/2013 - 13:05 | 3745761 Whoa Dammit
Whoa Dammit's picture

The miracle of US taxpayer aid.

Fri, 07/12/2013 - 22:37 | 3747388 Bringin It
Bringin It's picture

I read somewher the the Etheopian .gov crashed and the CIA is now running the place.

Fri, 07/12/2013 - 14:58 | 3746150 Quantum Future
Quantum Future's picture

over 60% of US EXIM annual financing budget goes to Boeing!

Fri, 07/12/2013 - 12:49 | 3745678 replaceme
replaceme's picture

Sure - Americans can afford new cars.

Fri, 07/12/2013 - 12:53 | 3745697 robertocarlos
robertocarlos's picture

It's a hybrid so there are all kinds of tax breaks.

Fri, 07/12/2013 - 12:55 | 3745706 Uchtdorf
Uchtdorf's picture

Owner-financed leverage. Bullish for Boeing, except when everybody stops paying.

Fri, 07/12/2013 - 12:50 | 3745681 Free_french
Free_french's picture

update for news and casualties from french news


4 dead - 10 injured

Train number eoz -Limoges (Haute-Vienne) 3657

4 cars lying down out of seven

4 dead, 10 critically injured 60 injured


still a lot of injured people in jammed cars

electrocuted and / or crushed people.

Fri, 07/12/2013 - 12:50 | 3745682 adr
adr's picture

But Boeing FIXED the batteries!!!!

Well not by redesigning them, or removing them, but by drilling some vent holes and moving them a bit further apart. Nothing that addresses the fault with the chemical makeup of the batteries in the fist place.

Boeing should be trading at $20. The class action lawyers are going to have a field day.

Fri, 07/12/2013 - 12:57 | 3745722 ebworthen
ebworthen's picture

I know, right?

Typical MBA managment "spackle the crack" decision.

Caustic explosive batteres running critical systems; what were you dumbfucks thinking?

The weight of the batteries, the fire hazard, and the amount of heat generated not only in the batteries but in the electrical lines carrying all that juice.


What happened to building reliable failsafe equipment?

It looks like the DC3 was the pinnacle of that concept.

Fri, 07/12/2013 - 13:04 | 3745753 adr
adr's picture

I was on a plane when a guys iPhone exploded. Not a fun experience.

I was so thrilled to learn about Boeing putting the same battery about the size of a car in the back of a plane. I kept thinking, who in their right mind would do this, even with safety systems in place.

Its like putting a bomb under your car and taping a fuse to your catalytic converter. Maybe the catalytic converter gets hot enough to light the fuse, or maybe the heat shield does a good enough job of keeping the surface temp down.

Fri, 07/12/2013 - 16:30 | 3746498 Totentänzerlied
Totentänzerlied's picture

"Its like putting a bomb under your car and taping a fuse to your catalytic converter."

Dammit don't give them any ideas!

The Dreamliner is a flying Tesla Roadster.

Fri, 07/12/2013 - 13:02 | 3745746 lakecity55
lakecity55's picture

"Look, Jim, we can save big by getting these batteries from this discount chinese catalog that came in the mail."

"Go for it. Nobody will know."

Fri, 07/12/2013 - 12:52 | 3745687 jesusonline
jesusonline's picture

I would suggest you look up the correlation between CME's and technogenic disasters. Spaceweather might be a place to start with - in relation to Sun's activity and geomagnetic storms, although it doesn't give the full scale of things, I think. 

There has been a number of space rockets failures as of lately, as well.  

The more complex our transportation system gets - the more vulnerable it is to exogenous factors.  

Hightened geomagnetic activity, a product of Sun's activity, often causes people to go apeshit.

Tech also seems to have a higher tendency to go haywire - during a CME impact - and a little after that (when the Earth is just past through a CME). That's just my way of thinking about it, I could be wrong, of course.  

We are directly connected to space weather (magnetosphere doesn't fully shield us) and we are prone to its swings.

That is a hard fact, imo, and one yet to be exposed to the masses in full, I'm afraid.


Fri, 07/12/2013 - 20:41 | 3747089 trader1
trader1's picture

don't forget that mercury is in retrograde

Fri, 07/12/2013 - 12:51 | 3745689 Satan
Satan's picture

I've been working with carbon fibre and composites for 20 years. Building planes out of it is pure folly. Boeings problems haven't even begun yet...

Fri, 07/12/2013 - 12:58 | 3745726 adr
adr's picture

Carbon fibre and composites are stong, until the first crack. Then you have to replace the entire thing. I would never fly on a patched composite airplane.

Dreamliners, even if they ever do get them to fly agian, are probably only good for five years of service before the composites start to break down to the point that the entire plane needs to be replaced.

When I first saw the Dreamliner, I had visions of them falling from the sky in burning wrecks.

Fri, 07/12/2013 - 13:16 | 3745817 Freddie
Freddie's picture

I talked to a guy a few months ago who knew some Alcoa people.  They said Alcoa pitched Boeing on an improved aluminum for the 787 before they made the decision to go with carbon fibre.  They said the cost and effeciency would be comparable but Boeing wanted carbon fibre.  Great stuff until it shatters or like you said when the composites break down.  

Fri, 07/12/2013 - 13:01 | 3745742 ebworthen
ebworthen's picture

No experience - but from what I've read  - one weak spot and the entire wing/body structure fails catastrophically (?).

Fri, 07/12/2013 - 12:52 | 3745692 PontifexMaximus
PontifexMaximus's picture

Thougt that Ethiopia is one of the poor developing countries. Are they flying new cheap immigrant labourforce to the city ?

Fri, 07/12/2013 - 12:55 | 3745705 adr
adr's picture

Hmmm, the guy who made the Dreamliner a reality sees his planes catch on fire. He goes to Ford and makes a big deal about a new engine designed under his watch that ends up catching on fire.


Perhaps cutting corners to pump up your stock so you can profit off selling insider shares isn't a good overall business strategy.

Fri, 07/12/2013 - 12:58 | 3745728 machineh
machineh's picture

Or maybe he's just a pyromaniac.

Fri, 07/12/2013 - 13:32 | 3745750 replaceme
replaceme's picture

too soon

Fri, 07/12/2013 - 13:10 | 3745790 Sutton
Sutton's picture

Buy the crash, sell smooth sailing.

Fri, 07/12/2013 - 13:13 | 3745809 Kirk2NCC1701
Kirk2NCC1701's picture

So, time to short the stock of their suppliers?  Who might those be?

Who, besides 'COL'?

Fri, 07/12/2013 - 13:15 | 3745811 Atomizer
Atomizer's picture

CNBS will take the sword again. Jim Assclown Cramer harms investments by destroying Capitalism.

Published: Wednesday, 26 Jun 2013 | 6:28 PM ET | Boeing

Fri, 07/12/2013 - 13:19 | 3745835 Father Lucifer
Father Lucifer's picture

As a retired production engineer for a major defense contractor, I predict IT'S THE BATTERIES still. The fix was ridiculous, typical.

Fri, 07/12/2013 - 13:26 | 3745853 robertocarlos
robertocarlos's picture

It's confirmed the 16 year old girl from Asian 214 was lying on the ground covered in fire foam when she was run over by the firetruck.

Fri, 07/12/2013 - 13:27 | 3745855 yogibear
yogibear's picture

Nightmare liner.  Might as well numbered Boeing 1313.

Fri, 07/12/2013 - 13:55 | 3745867 Joebloinvestor
Joebloinvestor's picture

According to BOEING, the problem is fixed and there won't be any more fires.

I hope the guy choked off on those words.

What a fucking moron.

Fri, 07/12/2013 - 13:50 | 3745935 Element
Element's picture

OMG! ... mind blowing ... this is going well past mere teething troubles.

Fri, 07/12/2013 - 14:00 | 3745955 dynomutt
dynomutt's picture

Ok, so another coronal mass ejection (CME) was due to hit the magnetosphere today.



Fri, 07/12/2013 - 16:24 | 3746484 nakki
nakki's picture

Looks like all that Boeing money went into Amazon. UPS warns, consumer confidence wanes  and Amazon makes new high at 307. Not bad for a Company that might make $1.20 this year.

Fri, 07/12/2013 - 19:00 | 3746855 NoWayJose
NoWayJose's picture

With all this commotion happening in 'liberal socialist' places, hiw much longer until Obama jumps on board and makes us take trains into the airport to fly on Boeing planes? He can use TSA and Homeland Security to ban cars near airports... And Boeing is a big Obama campaign contributor. And more train traffic wouldn't hurt Uncle Warren either.

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