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Ethopian Airlines Releases Statement On Smoldering Dreamliner; UTX Climate System Implicated In Fire

Tyler Durden's picture




 

In the aftermath of the latest humiliation for Boeing, which after getting Dreamliner clearance by absolutely every "authority" imaginable, from the NTSB to the FAA to CNBC's Phil LeBeau, that it was absolutely safe to fry, pardon, fly, just had a major meltdown, oops there we go again, on live TV in Heathrow airport, one wonders - what happens when the regulators rush to give the all clear once more, only for yet another Dreamliner to mysteriously burst in flames several months hence?

Alas that would mean that the very same regulators that lifted the fry, pardon, fly ban on the plane will have to impose it all over again, thus disgracing their pre-clearance methods (likely accelerated courtesy of an occasional envelope full of cash under the door somewhere in the decision chain) even more. And how long until the damage to the brand is so great that Boeing will have no choice but to replace every 8 in its 787 nomenclature with a 9, thus pulling the brilliant GMAC->Ally Bank conversion.

All these are questions that Boeing, the FAA and the NTSB will have to answer very soon, and for the benefit of BA shareholders, with a favorable resolution. Then again, in the matter of recalls, be it of cars or airplanes, the math is well-known...

In the meantime, here is the latest.

Two hours ago, Ethiopian Airlines finally piped in, and on its Facebook page (!) posted the following non-update update:

The above was merely public cover because Mark Mangooni, Ethiopian Airlines' senior manager in Britain, told the Financial that airline staff had discovered a problem with the aircraft's air conditioning system during a routine inspection and had seen sparks but no flames. The report did not make clear when this had happened. Reuters could not reach Mangooni for comment.

In other words, short UTC Aerospace (NYSE:UTX) which is the owner of Hamilton Sundstrand which is the manufacturer of the Dreamliner climate system. At least until such time as the shorting volume dissipates and the BTFD algos return and send the stock right back up.

Elsewhere, investigations have begun. From Reuters.

Investigators started work on Saturday to establish the cause of a fire on a Boeing Dreamliner at London's Heathrow airport, a new setback for the high-tech model after it was grounded at the start of the year over battery problems.

 

The fire broke out on the plane, operated by Ethiopian Airlines, on Friday afternoon, when it was parked at a remote stand with no passengers on board, eight hours after arriving from Addis Ababa. No one was injured.

 

External scorching could be seen close to the plane's tail, in a different area from the bays containing batteries. There was no official indication of what could have caused the fire.

 

"The aircraft has been moved to a secure hangar at Heathrow and the investigation has begun," said a spokesman for Britain's Air Accidents Investigation Branch (AAIB).

 

The AAIB will lead the investigation, working alongside the U.S. Federal Aviation Administration and National Transportation Safety Board (NTSB), Ethiopian Airlines and Boeing, he said.

 

Separately, engineers from Britain's Thomson Airways were inspecting their own Boeing Dreamliner after it had to turn back during a flight on Friday from Manchester in England to Sanford in Florida because of an unspecified technical issue.

 

Boeing will be keen to reassure airlines, travelers and investors over the cause of the Heathrow fire as quickly as possible but under aviation rules it will be up to investigators to decide how much information to release and when.

 

Ethiopian Airlines, one of Africa's top five carriers, said it would continue to fly its Dreamliner fleet. It has ordered a total of 10 Dreamliners of which four have been delivered.

 

"The incident at Heathrow happened while the plane was on the ground and had been for more than eight hours and was not related to flight safety," the carrier said in an emailed statement on Saturday.

 

"After a normal flight from Addis to London passengers disembarked in the morning and the aircraft was cleaned. It was towed to a remote parking area as usual and parked properly with all internal and external powers switched off," said an official from the airline's public relations department.

So first the batteries, then the climate system, what will be the next component in the globally-sourced motley crew assembly to fritz out in what is rapidly becoming the most problematic plane in recent Boeing history?

And how long until the phrase "corporate sabbotage" starts being casually tossed about?

 

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Sat, 07/13/2013 - 10:59 | 3748091 Lmo Mutton
Lmo Mutton's picture

"Safe to fry" Spank you.

 

 

Sat, 07/13/2013 - 11:02 | 3748096 nmewn
nmewn's picture

With pilots named Wi Tu Lo what could possibly go wong? ;-)

Sat, 07/13/2013 - 13:10 | 3748328 Manthong
Manthong's picture

Ethiopa is not Uganda
and Boeing is not Chevrolet

http://pjmedia.com/tatler/2012/04/12/gm-electric-car-battery-explodes-again-raising-chevy-volt-questions/

and just in case anybody missed it, this cannot be posted too many times..

http://www.youtube.com/watch?v=L1JYHNX8pdo

Sat, 07/13/2013 - 13:20 | 3748373 Kiss My Iceland...
Kiss My Icelandic Ass's picture

 

 

"...during a routine inspection ... had seen sparks but no flames"

 

Whew. No flames. Just sparks. That's a relief ! Nothing to see here folks, just a few sparks ...

Sat, 07/13/2013 - 22:05 | 3749567 philipat
philipat's picture

The location of the fire is clearly where the APU is located. This is used to power the aircraft on the ground when the main engines are not running. The APU has its own LI battery located below it in the tail section.

APU's, seemingly unlike Mercedes cars in Los Angeles, are not known for spontaneous combustion. Hmmm, what else could be involved here.........

Sun, 07/14/2013 - 08:06 | 3750867 RECISION
RECISION's picture

Hmmm, that's odd.

All the APU's I have ever seen have been right in the aft end of the tail cone.

And I bet you anything you want that the 787 APU is also located right at the end of the tail cone as well - go on, take me up on that...  :-)

in other words - not even close to the scorch marks in front of the tail. Which would also imply that the fire was forward of the rear bulkhead - or inside the pressure cabin. 

Talking shit much...???

My guess is it is from something inside the cargo hold or aft galley.

Sat, 07/13/2013 - 14:07 | 3748505 Mentalic
Mentalic's picture

+1000 LMAO !!!

Is that someone's idea of a joke??????

Sum Tim Wong?

Ho Lee Fuk?

Wi Tu Lo?

Sat, 07/13/2013 - 14:10 | 3748510 Kiss My Iceland...
Kiss My Icelandic Ass's picture

 

 

Yep. Actually, full name is "Wi Wei Tu Lo " .

Sat, 07/13/2013 - 14:21 | 3748560 Dingleberry
Dingleberry's picture

rut roh!

Sat, 07/13/2013 - 16:00 | 3748924 ToNYC
ToNYC's picture

No fair. My people evolved beyond barbequeing lamb in the galley...seems like  years ago.

Sat, 07/13/2013 - 11:09 | 3748104 Eireann go Brach
Eireann go Brach's picture

Obama obviously thought Snowden was on that plane and asked the NSA to set it on fire!

Sat, 07/13/2013 - 11:16 | 3748119 MacGruber
MacGruber's picture

This is what happens when corporations get greedy. Rather than build a huge aluminum airplane or a small composite airplane they decided it would be best to quadruple the complexity and do both at the same time. Expect more in fright failures.

Sat, 07/13/2013 - 11:28 | 3748145 greatbeard
greatbeard's picture

>> This is what happens when corporations get greedy.

Actually the USA is what happens when corporations get greedy.

Sat, 07/13/2013 - 11:51 | 3748194 flapdoodle
flapdoodle's picture

Nightmareliner...

Sat, 07/13/2013 - 11:54 | 3748198 monoloco
monoloco's picture

I'm wondering where Ethiopian Airlines got the financing to buy a fancy new 787. Is Boeing offering sub-prime airliner financing, or what?

Sat, 07/13/2013 - 12:15 | 3748235 DollarMenu
DollarMenu's picture

They bought 10, six still to be delivered.

Chunk o change, that.

Sat, 07/13/2013 - 13:29 | 3748400 Jam Akin
Jam Akin's picture

They did however receive a nice discount on Boeing's "factory seconds".

Sat, 07/13/2013 - 15:07 | 3748769 mjcOH1
mjcOH1's picture

"I'm wondering where Ethiopian Airlines got the financing to buy a fancy new 787. Is Boeing offering sub-prime airliner financing, or what?"

They didn't.   They're leased from AIG, which luckily has unlimited sucking rights on the US treasury since it lobbies too effectively to fail...

 

http://www.ethiopianairlines.com/en/news/prarchive.aspx?id=379

LOS ANGELES – November 1, 2012 – International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced today that Ethiopian Airlines, one of the fastest growing airlines in Africa, has agreed to lease three of Boeing’s new Dreamliner 787-8 aircraft.

Sat, 07/13/2013 - 15:36 | 3748864 thisandthat
thisandthat's picture

You gotta love corporate pr bs talk: "has agreed"... as if it was like - hey, Ethiopian Airlines, we're kind of stuck with these 787, here; would you be so kind to lease them from us - we'd be willing to pay you accordingly for the trouble...

Sat, 07/13/2013 - 16:06 | 3748937 monoloco
monoloco's picture

Well, it's good to know that I'll get my Star Alliance miles when I fly EAL.

Sat, 07/13/2013 - 16:08 | 3748943 ToNYC
ToNYC's picture

Red,Gold, and Green.

Special Purpose Aircraft Acquisition Bonds paying off in lambsbread... stream of income coupon payment on  nExport-dImport delivery in rare climes at right times.

Don't ask.

Red,Gold, and Green.

repeat, rotate.

Sat, 07/13/2013 - 20:39 | 3749511 Taint Boil
Taint Boil's picture

 

 

Ethiopia ….. 787? WTF …..

Sat, 07/13/2013 - 12:33 | 3748269 Yes We Can. But...
Yes We Can. But Lets Not.'s picture

The way I see it, the USA is what happens when corporations don't stand up to Gubmint. 'You say you want all our clients' data, or we'll have 'troubles'? OK, here you go...

Sat, 07/13/2013 - 12:35 | 3748271 Freddie
Freddie's picture

I talked to someone who knows people who work for Alcoa.  They said they had a newer aluminum that was a better option all around than carbon fibre in the 787.  They said Boeing always wanted to go carbon fibre and Alcoa was pretty pissed.

Well I guess those chickens are coming home to roost.

 

Sat, 07/13/2013 - 13:42 | 3748426 MacGruber
MacGruber's picture

Yeah, they had to do major redesigns late in the project because the complexity of the carbon wings was so great, even how they were going to strap them to the fusilage. They got it in their heads that they had to do carbon and that was that. I'm also waiting to see how they plan to maintain the airframe over the long haul.

Sat, 07/13/2013 - 14:14 | 3748522 Element
Element's picture

After warranty expires that will become the owner's operational problem, not the manufacturers.

It remains to be seen if carbon fiber will be a success in jets. The first one it was tried in (Premier 1) has already gone out of production (it was actually rather heavy and thirsty, which was not what everyone had in mind), but much older aluminum designs that it competed directly with, have been upgraded and are still selling fairly well. I think we can call that one a partial failure to compete in the market place.

Otherwise we have the $2 billion a piece B2 as the other significant example.

Sat, 07/13/2013 - 17:08 | 3749115 mkkby
mkkby's picture

Yep, a plastic airplane.  How long before static electricity causes the whole thing to blow up?

Every new technology should be avoided until the bugs are worked out.  Consumer Reports doesn't recommend a car in the first model year no matter how well it does in their early tests.  Early adopters are suckers for companies that rush half-baked products to market.

I'm sure in 10-20 years all the bugs will be worked out and this will be a great new technology seen in every new plane and car.  Until then, I'll stay away.

Sat, 07/13/2013 - 12:24 | 3748252 azzhatter
azzhatter's picture

Phil Lablow guzzles a lot of auto and aircraft jizm to keep his job. Guy is a major league douchebag

Sat, 07/13/2013 - 14:01 | 3748489 NeoLuddite
NeoLuddite's picture

Flight attendant: "Thank you for frying with us. We hope you had a very nice fright."

Sat, 07/13/2013 - 11:03 | 3748097 Cdad
Cdad's picture

Very very curious...as when this all happened live on tv, two DOW stocks were reacting quite negatively, BA and UTX.  The rest of the DOW stocks were in screaming BUY mode at that exact time, of course, to keep up DOW appearances.

Once again, in the entirely rigged, broken, insider traded, and daily manipulated stock market...errrrr...Pachinko machine...someone knew exactly what the cause was.  

Confidence! 

Sat, 07/13/2013 - 11:06 | 3748099 starman
starman's picture

if you compare a Mercedes assembly line with a Boing assembly line you wished you could fly a Mercedes! and that goes to GM, Ford, Chevy and any other US automaker! 

Sat, 07/13/2013 - 12:08 | 3748220 Dingleberry
Dingleberry's picture

If Harley Davidson made an airliner.....would you fly it?

Sat, 07/13/2013 - 12:36 | 3748274 Freddie
Freddie's picture

Hell no.  Those old engines sound like shit.  HD are motorcycles for old guys and crank (meth) heads.

Sat, 07/13/2013 - 11:07 | 3748100 shinola
shinola's picture

They should re-name this plane the "1973 Pinto".

Sat, 07/13/2013 - 11:07 | 3748102 hunglow
hunglow's picture

 Ethiopia has an airline?  I don't have an airline.

Sat, 07/13/2013 - 11:11 | 3748106 suteibu
suteibu's picture

My thoughts. too.  And not only and airline but one with enough credit to buy the 787.  When one thinks of Ethiopian Airlines, one is more apt to imagine something like "Air America"

Sat, 07/13/2013 - 11:17 | 3748121 nmewn
nmewn's picture

I wonder what the in-flight meal consists of.

Sat, 07/13/2013 - 11:22 | 3748126 FieldingMellish
FieldingMellish's picture

Guilt, with a side helping of shame.

Sat, 07/13/2013 - 11:41 | 3748171 francis_sawyer
francis_sawyer's picture

@nmewn

~~~

Eat the plastic fork or you'll still be hungry... It tastes like Chinese rice...

Sat, 07/13/2013 - 12:23 | 3748249 Element
Element's picture

 

 

"I wonder what the in-flight meal consists of."

 

Only the best in-vogue UN-approved grubs and locusts, with cricket sauce, and creme cockroach desert, and Bealtejuice .. um ... juice.

It's what all the richest globalists recommend.

Sat, 07/13/2013 - 12:51 | 3748309 Clever Name
Clever Name's picture

I'll have to stick up for Ethiopian food, please try it sometime. They also eat raw steak which I've tried, much to the pleasure of all the old Ethiopian guys in the restaurant.

And you get to eat with your hands!

Sat, 07/13/2013 - 13:53 | 3748463 Element
Element's picture

Well ... well, ... we ... we eat with a napkins! ... so there!

 

(don't get me wrong here, not dis-ing Ethiopian food, just paying-out on UN parasites and their dietary recommends)

Sat, 07/13/2013 - 16:10 | 3748948 monoloco
monoloco's picture

No food, just khat. 

Sat, 07/13/2013 - 11:26 | 3748135 Totentänzerlied
Totentänzerlied's picture

You may thank EXIM "Bank" and the US government.

Sat, 07/13/2013 - 12:13 | 3748232 FieldingMellish
FieldingMellish's picture

They actually have 4 787's. Three now remain in service.

Sat, 07/13/2013 - 13:44 | 3748430 A Nanny Moose
A Nanny Moose's picture

"Don't worry, I crash better than anybody I know."

Sat, 07/13/2013 - 11:12 | 3748107 darteaus
darteaus's picture

You're not Ethiopia

Sat, 07/13/2013 - 11:08 | 3748103 Pairadimes
Pairadimes's picture

Hmm. So the Nightmareliner is just a metaphor for a society built on multiculturalism, then?

Sat, 07/13/2013 - 11:16 | 3748118 americanspirit
americanspirit's picture

Let's not forget that Ethiopian Emperor Highly Selassie be de Jah man who inspire de Dreamliner Mon. He smoke whenever he fly, troot.

Sat, 07/13/2013 - 11:49 | 3748189 Freeman Tilden
Freeman Tilden's picture

H.I.M. Haile Selassie I , Speech to the United Nations. (excerpt) 
New York CityNY  October 4, 1963

"...until the philosophy which holds one race superior and another inferior is finally and permanently discredited and abandoned: That until there are no longer first-class and second class citizens of any nation; That until the color of a man's skin is of no more significance than the color of his eyes; That until the basic human rights are equally guaranteed to all without regard to race; That until that day, the dream of lasting peace and world citizenship and the rule of international morality will remain but a fleeting illusion, to be pursued but never attained; And until the ignoble and unhappy regimes that hold our brothers in Angola, in Mozambique and in South Africa in subhuman bondage have been toppled and destroyed; Until bigotry and prejudice and malicious and inhuman self-interest have been replaced by understanding and tolerance and good-will; Until all Africans stand and speak as free beings, equal in the eyes of all men, as they are in the eyes of Heaven; Until that day, the African continent will not know peace. We Africans will fight, if necessary, and we know that we shall win, as we are confident in the victory of good over evil..."

Sat, 07/13/2013 - 12:43 | 3748289 francis_sawyer
francis_sawyer's picture

They could always move to Israel if they want to find peace & equality...

Sat, 07/13/2013 - 12:56 | 3748324 Clever Name
Clever Name's picture

Sounds better like this.

Bob Marley- War

Sat, 07/13/2013 - 13:32 | 3748406 hivekiller
hivekiller's picture

People are no more equal than dogs are. Some are bigger, smarter, faster and more beautiful than others. Get over it. 

Sat, 07/13/2013 - 11:23 | 3748127 azengrcat
azengrcat's picture

Couldn't have happened to nicer bunch of guys (Hamilton).

Sat, 07/13/2013 - 11:27 | 3748139 Smegley Wanxalot
Smegley Wanxalot's picture

So they are blaming climate? 

Is Al Gore a major investor in Ethiopia Air?

Sat, 07/13/2013 - 11:27 | 3748140 max2205
max2205's picture

PPT saved BA till Monday.  Nice job destroying my puts.  Well played...

Sat, 07/13/2013 - 11:39 | 3748169 Klazy Plick
Klazy Plick's picture

doze crazy "A" models.  "B"models be havin ejection seats.

Sat, 07/13/2013 - 11:45 | 3748178 Uncle Remus
Uncle Remus's picture

Is it all union?

Sat, 07/13/2013 - 11:47 | 3748180 island
island's picture

Boeing borrowed a page from Microsoft's test plan - let the customers do the testing.

Sat, 07/13/2013 - 12:09 | 3748222 Dingleberry
Dingleberry's picture

Funny..in a sick sort of way. I like it!

Sat, 07/13/2013 - 12:57 | 3748325 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

PASSENGER: What company did you say you work for again?!?!?

NARRATOR: A big one.

Sat, 07/13/2013 - 11:47 | 3748184 LetThemEatRand
LetThemEatRand's picture

I wonder if a typical Ethopian passenger set has one well fed guy with lot of jewelry and cash (and a big gun), and 385 other passengers who are all starving.

Sat, 07/13/2013 - 11:50 | 3748191 Winston Smith 2009
Winston Smith 2009's picture

"The incident at Heathrow happened while the plane was on the ground and had been for more than eight hours and was not related to flight safety... all internal and external powers [had been] switched off" 

"And how long until the phrase "corporate sabbotage" starts being casually tossed about?"

Exactly what I was thinking.


Sat, 07/13/2013 - 12:20 | 3748245 shovelhead
shovelhead's picture

And ignore those sniggering Airbus execs in Toulouse. 

Sat, 07/13/2013 - 11:54 | 3748199 Kirk2NCC1701
Kirk2NCC1701's picture

Well, maybe they'll just... Drone on. Bullish.

Sat, 07/13/2013 - 12:04 | 3748202 island
island's picture

Seriously, everyone I spoke with who works"on the floor" at Boeing knew the 787 would be problematic from when the concept for its build was announced.  Development and production of the 787 involved a large-scale collaboration with numerous suppliers around the globe -in Korea, Italy, Germany, Israel, Sweden, etc.  Among other things, I can assure you language barriers have been at play. There are a specific group of people to blame for the 787 nightmare: The leadership who came up with the hairbrained concept (for cost savings; I guess that didn't quite work out as planned.)

How do they get away with it?  The are an effective monopoly and just like the financial sector, the regulators are their pals.

 

Sat, 07/13/2013 - 12:06 | 3748214 shovelhead
shovelhead's picture

What?

Are you saying that globalization may not be in everyones best interests?

One more for the FEMA bus.

Sat, 07/13/2013 - 12:11 | 3748218 Ident 7777 economy
Ident 7777 economy's picture

 

 

 

 

 

 

 

island:

 

" Seriously, everyone I spoke with who works"on the floor" at Boeing knew the 787 would be problematic from when the concept for its build was announced.  Development and production of the 787 involved a large-scale collaboration with numerous suppliers around the globe  ... "

I guess you don't have a company that has a sales dept that works to drum up sales; are you familiar with a company called airbus by any chance?

 

 

 

 

 

 

 

Sat, 07/13/2013 - 12:43 | 3748290 BurningFuld
BurningFuld's picture

I'm just happy to know they scoured the globe for the cheapest possible quote on each and every system/component. The shareholders must be very happy.

Sat, 07/13/2013 - 12:42 | 3748282 Lucius Corneliu...
Lucius Cornelius Sulla's picture

I think the decision for global colloboration was more of a sales pitch than a cost savings choice.  Many airlines are owned by governments who probably made back room sales committments if they were given a piece of the manufacturing work.  Obviously this is not the best engineering and manufacturing decision.

Sat, 07/13/2013 - 13:06 | 3748311 Freddie
Freddie's picture

This is the same crap they do with MIC (military industrial complex) in the USA and also with NATO "partners."   Get production all over the place to make sure politicians get govt money, tax breaks, etc.  You put production of stuff in as many states or countries as possible.  It makes it much harder to kill a defense system, plane, ship or weapon.

Make some parts in China, Japan, Germany, wherever so those airlines in those countries buy Boeing.   Most of the Japanese fighters are Boeing (old McDonnel Douglas - bought by Boeing) designs made by Mitsubishi. 

Boeing is such a big defense contractor that the failure of the 787 will not kill them.  i think the 787 may be toast.  They will have to sell 777's or an upgraded 767.

Sat, 07/13/2013 - 12:58 | 3748331 Kirk2NCC1701
Kirk2NCC1701's picture

Ah, but some vendors bid for their arch-rival (only rival) also: EU's Airbus.

It's like financing two countries at war with each other... You win either way.

Sat, 07/13/2013 - 12:11 | 3748230 Dingleberry
Dingleberry's picture

I'm thinking of our new aviation products, like the F-35 and Osprey. 

They have a million different suppliers, and a bunch of problems too.

Have we reached peak aviation?

Sat, 07/13/2013 - 12:16 | 3748237 Ident 7777 economy
Ident 7777 economy's picture

Apparently we haven't reached 'peak stupidity' ... no wait, that's "un-eventual" as I understand it taking under advisement Einstein's quote on the subject ...

Sat, 07/13/2013 - 12:35 | 3748270 Element
Element's picture

 

 

More like peak-complexity meets the law of diminishing returns.

~90% of the shitty 'tech-products' around today can be put down to change-for-change's-sake.

Combined with the failure to do stuff right before doing the next part.

Combined with not keeping to the maxim keep it simple.

And failure to recognize that less is more.

 

Sat, 07/13/2013 - 12:41 | 3748281 QQQBall
QQQBall's picture

Waiting for 8 hours on the ground - not related to flight safety. GYDOMyAss! 

 

They were having trouble compressing/twisting the rubberband for take-off?  The stuff they put out is insulting

Sat, 07/13/2013 - 12:55 | 3748321 Freddie
Freddie's picture

It looked like on the top back by the tail, the fire burned holes through the top skin on the plane.  I guess a few skim coats of Bondo will fix that right up.  Maybe a marine epoxy.

Sat, 07/13/2013 - 21:05 | 3749559 Isotope
Isotope's picture

I could buff that right out.

Sat, 07/13/2013 - 12:46 | 3748295 Yen Cross
Yen Cross's picture

    What do you call an Ethopian with a sesame seed on his head?  

    answer* (a quarter pounder)

Sat, 07/13/2013 - 13:02 | 3748341 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

(a quarter pounder)

Don't act so imperialistic -- they call it a Royale with Cheese.  ;-)

Sat, 07/13/2013 - 13:57 | 3748475 Element
Element's picture

You wanna be super-sized* sir? ...

 

 

 

 

*not to be confused with circumcised

Sat, 07/13/2013 - 12:46 | 3748296 highwaytoserfdom
highwaytoserfdom's picture

Didn't you get the memo  on protecting the military offense contractors? Be careful you may have to be homeless  Snowden or Worse yet have Biden leak you as a seal team six member...     Hey Boston 1 and 2 drone add with Rogers and Fienstien with David Gregory..   Your Messing  with 4 and 6..     Feel SAFER?

 

Company Industry 1 Lockheed Martin Corporation (NYSE: LMT) 2 The Boeing Company (NYSE: BA) 3 Northrop Grumman Corporation (NYSE: NOC) 4 Lockheed Martin Corporation 5 Raytheon Company (NYSE: RTN) 6 United Technologies Corporation (NYSE: UTX) 7 L-3 Communications Holdings Inc. (NYSE: LLL) 8 Oshkosh Truck Corporation (NYSE: OSK) 9 SAIC Inc. (NYSE: SAI) 10 BAE Systems plc (LSE: BA.) 11 Cerberus Capital Management LP
Sat, 07/13/2013 - 13:06 | 3748354 Kirk2NCC1701
Kirk2NCC1701's picture

Where's ELBIT?

Sat, 07/13/2013 - 12:50 | 3748305 DutchR
DutchR's picture

France is building the passenger doors............wait, what...

Sat, 07/13/2013 - 12:59 | 3748335 Downtoolong
Downtoolong's picture

replace every 8 in its 787 nomenclature with a 9, thus pulling the brilliant GMAC->Ally Bank conversion.

Better check with GM first. They may have already snagged the 797 moniker for their new and improved iteration of exploding and poorly selling Chevy Volt Cars. This Boeing experience is probably taking some of the heat off them too. 

Sat, 07/13/2013 - 13:12 | 3748366 sudzee
sudzee's picture

Everything swicthed off except that little boeing/nsa spy system.

Sat, 07/13/2013 - 13:59 | 3748480 Money Squid
Money Squid's picture

Do you recall the articel where Boeing was mfg a plane for the Chinese President and the Chinese found Boeing installed listening devices?

https://www.nytimes.com/2003/04/15/us/spy-suspect-may-have-told-chinese-...

Since today's jets are so heavily computerized why can't they be hacked to cause fires, electrical overload, give false warnig lights? How did the Iranians force US's most advanced spy drone tn and safely in Iran? The oboard computer systes were hacked. Maybe the next 9/11 type scenario will be where 'terrorist' remotely gain control of a jet's flight control system and crash it regardless of the efforts of the on-board pilots.

https://www.youtube.com/watch?v=YAg-WauGrLU

Sat, 07/13/2013 - 14:22 | 3748563 Real Estate Geek
Real Estate Geek's picture

Boston Airbrakes!

Sat, 07/13/2013 - 13:44 | 3748431 alamoillini
alamoillini's picture

BA taking a licking for  too aggressive outsourcing....whoever consulting with executive management about how great the outsourcing model works should have the fees earned clawedback.....or if the executive management of BA did this on their own then they will need to be fired by the board and replaced with management that is not so aggressive at risking capital and the reputation of BA by embarking on outsourcing manufacturing methods that obviously are not cost effective.....

Make the planes in USA boys......time to short the stock.

 

 

Sat, 07/13/2013 - 14:04 | 3748498 Father Lucifer
Father Lucifer's picture

Li=ion batteries; unsafe at any speed.

Sat, 07/13/2013 - 14:13 | 3748517 SmittyinLA
SmittyinLA's picture

How is the repair ability of carbon fiber frame, can they cut out and replace the toasted parts?

Is that toasted plane at Heathrow repairable or a total?

 

 

Sun, 07/14/2013 - 08:17 | 3750882 RECISION
RECISION's picture

"...can they cut out and replace the toasted parts?"

Yes, easily.

That is what a Structural Repair Manual is all about.

Sun, 07/14/2013 - 10:45 | 3751135 Bogdog
Bogdog's picture

Doubtful that would be repairable. That whole fuselage section is baked in an oven to cure the carbon fiber. Now that it's compromised by fire damage, I think they'd have to junk the whole thing. If it was aluminum a repair might be more possible. This speaks to the risk/reward of making the major sections of CF. 

Sat, 07/13/2013 - 14:15 | 3748523 TrustWho
TrustWho's picture

South Korean pilots were upset with South Korean manufacturer of tail section cone. Explains SF!

Sat, 07/13/2013 - 15:27 | 3748839 Goldilocks
Goldilocks's picture

Van Morrison - Wild Night (1971)
http://www.youtube.com/watch?v=VX2_HahKoe4 (3:33)

 

Sat, 07/13/2013 - 18:07 | 3749229 toadold
toadold's picture

Well if I was flying around Africa I'd give the Ethiopian Airline a look see. Some years back some Arabs hijacked an Ethiopian Airliner. While they were setting on the tarmac making their demands, The Ethiopians stormed the plane.  They got the passengers off then they got the surviving hi-jakers cuffed and seated. The then spread towels behind the highjackers to absorb the blood and cut their throats with straight razors.  They haven't had an attempted take over since. This is one reason why people will fly with them. 

If I was the group that supplied a faultly component or had the maintenance service contract I'd be a bit nervous. The cost might not just be money. 

Sat, 07/13/2013 - 20:18 | 3749466 ebworthen
ebworthen's picture

Climate system is almost worse than another battery failure as it would mean another engineering failure.

Did they not test the 787 in real world conditions before selling and shipping it for passenger service?

Sounds like they didn't.  Sounds like they relied on computers and a Magic Eight Ball for testing.

Sat, 07/13/2013 - 20:31 | 3749489 Iam_Silverman
Iam_Silverman's picture

"Boeing 787 Dreamliner's assembly is complex"

Wow, that graphic makes the Boeing product look more like an Airbus than I ever expected!

Sat, 07/13/2013 - 21:11 | 3749578 ironmace
ironmace's picture

someones got a grudge.

Sun, 07/14/2013 - 03:41 | 3750663 Bunga Bunga
Bunga Bunga's picture

Fixliner

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