Boeing’s SECOND Bad Breakup! Why the Embraer Partnership Failed.

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Күн бұрын

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A few years ago, #Boeing and #Embraer got really close to forming a partnership, that some people saw simply as a reaction to Airbus taking over the #CSeries - now called the #A220. But there is much more to this story, which could have led to an alliance that would have transformed the future of BOTH companies. Why is that, and why then did this promising deal fall through?
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Below you will find the links to videos and sources used in this episode.
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Sources
• Boeing and Embraer sig...
• Airbus and Bombardier ...
• Boeing renuncia a comp...
• A vision that challeng...
• Embraer 50 Anos - Uma ...
• Embraer A-29 Super Tuc...
• 1º voo Ipanema - 40 anos
• IPANEMA 203
• E2 - The Next Chapter
• Embraer Historical Center
• Embraer highlights E-J... v
• Legacy 500 Full Fly-By...
• Belavia's new Embraer ...
• E2 First Engine Run
• Boeing Considers Embra...
• C-130 Super Hercules S...
• Italy's New Tankers
• Saab: True Collaborati...
• United Airlines places...
• Boeing December 2020 o...
• How Boeing Lost Its Way
www.avweb.com/...
leehamnews.com...
leehamnews.com...
www.wsj.com/ar...
boeing.mediaro...
embraer.com/gl...
www.reuters.co...
www.reuters.co...

Пікірлер: 442
@Amayi1
@Amayi1 Жыл бұрын
Personally, I think Embraer is better off not joining Boeing.
@NicolaW72
@NicolaW72 Жыл бұрын
Indeed. Boeing would have dropped every useful parts off and shutted them then down. It was very Good Luck for Embraer.
@anthonyxuereb792
@anthonyxuereb792 Жыл бұрын
You might be right
@Secretlyanothername
@Secretlyanothername Жыл бұрын
Boeing kills other aircraft manufacturers.
@kittytrail
@kittytrail Жыл бұрын
and don't forget that now most of the world has seen that relying on american and european aircrafts for their needs might one day leave them without parts if what they do doesn't get the approval of the eurocnuts or ameritards. gonna be quite bloody in the coming years as all the old corrupted by boing and airbust executives of most big airlines get to retire or get SADS'd... 😼👌
@mrizkic
@mrizkic Жыл бұрын
Usual american corporate tactics
@6z0
@6z0 Жыл бұрын
As a 4 year regional pilot for the Ejet family, I will always fly Embraer. Such wonderfully put together aircraft.
@einar8019
@einar8019 Жыл бұрын
as a ground handler i hate the embraer with a passion
@RoyalFlushFan
@RoyalFlushFan Жыл бұрын
@@einar8019 why though?
@einar8019
@einar8019 Жыл бұрын
@@RoyalFlushFan cause the cargo hold is tiny, like im only 5 ft 7 and i barrely fit.
@YassineSouilmi
@YassineSouilmi Жыл бұрын
@stank what’s your other reference point? What other jets have you flown?
@6z0
@6z0 Жыл бұрын
@@YassineSouilmi Cessna Citation, Global 5500/6500, Dash 8 Q400, and Airbus A318/19. Before I started flying, I wanted to fly A380s but after getting some time in the A318/A319, I really didn’t like it how I liked the E jets. So I switched back.
@helianocabral9832
@helianocabral9832 Жыл бұрын
As a retired engineer who has worked for Embraer for 26 years both as an engineer and as a pilot, I have to confess that the deal breakup left a terribly bad impression among Embraer employees and associates of Boeing's business ethics. The wording Boeing used to justify the break up was created by some lawyer. There was no frankness and there is no detailing of the reasons. On the other hand it was clear to everyone that Boeing had no cash and had to carry out urgent cost-cutting measures to satisfy shareholders. The problem is exactly that: shareholders want immediate financial results. They do not care about the long term scenarios. In a nutshell: Boeing will continue to struggle for engineering capacity, will not be able to add new customers by selling smaller aircraft and quite possibly Embraer will sustain its business, and may even become a competitor to Boeing further down the road.
@deltavee2
@deltavee2 Жыл бұрын
Your last sentence: Let us hope so.
@LeverPhile
@LeverPhile Жыл бұрын
It is a shame. Boeing used to be an engineering company, but when the accountants and MBA's took over they began missing the forest for the trees. The 737 MAX fiasco, among other things, was a result of that.
@sailaab
@sailaab Жыл бұрын
LeverPhile .. it has been a completely 'corporate greed' and profits at the cost of safety/quality... driven company.. since at-least its merger with McDonnell Douglas. . Even outsourcing core processes to subcontractors... where even a ten year old could have been signing off on job-sheets, completion certificates.. for all Boeing cared.
@LeverPhile
@LeverPhile Жыл бұрын
@@sailaab That's right ... McDonnell Douglas management effectively took over Boeing and focused on Financials above all else.
@Dumbrarere
@Dumbrarere Жыл бұрын
@@LeverPhile I believe the running joke of that is that McDonnel Douglas bought Boeing with Boeing's own money. Rather amusing, but equally depressing to see as an aviation fan and aspiring aviator.
@lgleirbag
@lgleirbag Жыл бұрын
Good on Embraer for not tainting its image with corrupt companies.
@andrewkamoha4666
@andrewkamoha4666 5 ай бұрын
"Embraer Agrees to Pay More than $107 Million to Resolve Foreign Corrupt Practices Act Charges", _US Department of Justice_
@gregculverwell
@gregculverwell Жыл бұрын
I was very happy to hear that the deal fell through. I despise Boeing and love Embraer. A Boeing takeover would inevitably lead to Embraer being infected with the Boeing disease of greed, lying, corner cutting and complete incompetence.
@marcellofms
@marcellofms Жыл бұрын
I felt the same way when I learned of Boeing's "withdrawal" regarding the agreement with Embraer. Like it or not, we know that Embraer's reputation would be tarnished due to the embarrassment faced by North Americans with its products later (737 MAX and 787 Dreamliner).
@ccudmore
@ccudmore Жыл бұрын
Porter Airlines (based out of Toronto) launched their E195 E2 service this week to rave reviews. This is I think the first E195 E2 order and operation in North America. Porter now has 6 E195 E2s in service with orders for 44 more.
@siffredi2180
@siffredi2180 Жыл бұрын
Speak those facts Craig
@rexmeng501
@rexmeng501 Жыл бұрын
I been working on E170/175 for years and right now I start to work on A220, I have to say, personally I still think Embraer is a better airplane.
@kenbrown2808
@kenbrown2808 Жыл бұрын
Learning about boeing's more recent business decisions reminds my of my standard response to people's contention that CEOs deserve their astronomical pay: "I could run their company into the ground for half that rate of pay."
@koekiemonstrer
@koekiemonstrer Жыл бұрын
With that amount of money saved, you probably couldn't
@ryerye3147
@ryerye3147 Жыл бұрын
I just don't trust Boeing they seem to lack a moral and rational compass.
@Sophie-and-Ken
@Sophie-and-Ken Жыл бұрын
Let not forget that current CEO is the same asshole who said third world pilots should have corrected for the mistakes of the 737max and that this would not have happened with American pilots. A person like this put profits above all else and doesn’t give a shit about people which was the root cause of the 737 max issues. How can a jerk like this fix a failing company like Boeing other then to run it into the ground? I think with my limited education and experience that I could not do a worse job than this guy.
@Name-ot3xw
@Name-ot3xw Жыл бұрын
Hire me and I will do my best to have literally 0 effect on the company, I'll only charge you 100k or so.
@NicolaW72
@NicolaW72 Жыл бұрын
Yes.
@mdhazeldine
@mdhazeldine Жыл бұрын
TBH it's good that this deal didn't work out. Too much consolidation would be bad for the industry. There needs to be competition in the marketplace for it to work effectively.
@citizenblue
@citizenblue Жыл бұрын
Besides, Boeing has an excellent track record with mergers and acquisitions *coughs in McDonnell Douglas*
@eamonryan2198
@eamonryan2198 Жыл бұрын
While a certain critical mass is necessary for an aircraft builder, given the huge development costs of a new generation aircraft, having more companies involved in aviation can lead to more lateral thinking and innovation.
@lennoxbaumbach390
@lennoxbaumbach390 Жыл бұрын
@@citizenblue Yeah, afterall MD bought Boeing with Boeing's money. /s
@Parc_Ferme
@Parc_Ferme Жыл бұрын
It was terrible for Embraer, they will be crushed by Airbus. I really hope that they make a similar deal with COMAC.
@deltavee2
@deltavee2 Жыл бұрын
Not to mention some weasel selling SAAB's information to Boeing. You think it wouldn't happen? This is Boeing we're talking about here, the company McDonald/Douglas corrupted into a cash machine. The aircraft are a sideline now.
@claudiomoles
@claudiomoles Жыл бұрын
I am Brazilian and I am very thankful this deal did not take place. Boeing would destroy Embraer, get all the good practices and then kill the the brand, I saw this many times in Brazil; Ford bought a Brazilian car maker in the northeast of Brazil, Troller, a jeep like off road vehicle that was very popular and praised by off-roaders, Ford only bought the company to continue receiving fiscal incentives from government for automakers installed in the poor northeast states, this fiscal tax reductions would benefit mainly the Ford Camacari plant in Bahia, northeast of Brazil, as this plant would not receive any more benefits after 2013 (the plant started in 2001). Ford abandoned Brazil and kill the brand Troller, it did not want to sell to a Brazilian big group (Troller would be a direct competitor to the ford Bronco, imported to Brazil from Mexico). It is better Embrear continues alone or have an HONEST share with the big ones.
@leonelgaldinomonteiro4783
@leonelgaldinomonteiro4783 Жыл бұрын
Ford out= BYD in.
@NicolaW72
@NicolaW72 Жыл бұрын
Indeed, exactly. Boeing would have transferred the parts of the Company, which were from interest for them, into the US, and would have closed the rest of the Shop. Very simple and the usual way of doing Business.
@LuizHartkopf
@LuizHartkopf Жыл бұрын
Troller deserved tbh. They grew here in Santa Catarina state and received a lot of money from the state so they would grow, just to go to northeast Brazil because it had cheaper labor.
@YurymBR
@YurymBR Жыл бұрын
@@LuizHartkopf Como assim "ir para o Nordeste" se a marca nasceu no Ceará?
@Dirk-van-den-Berg
@Dirk-van-den-Berg Жыл бұрын
KLM is a regular partner of Embrear. Whenever a regional jet is flying over my head, I can be pretty sure it is an Embraer. Their safetyrecord seems to be impeccable. Ever since I got interested in aviation, I haven't read about a single incident with one of their aircraft.
@flavioc5389
@flavioc5389 Жыл бұрын
Dear Dirk. As far as I remember, the only fatal accident with an E-Jet was one where a chinese pilot with serious mental issues committed a mistake and crashed the plane during landing.
@Dirk-van-den-Berg
@Dirk-van-den-Berg Жыл бұрын
@@flavioc5389 How long is that ago?
@FunYl
@FunYl Жыл бұрын
​@Flavio C There was an african one that the pilot decided to commit su1c1d3 and take all the passengers with him. Crashed edrpose,
@marcellofms
@marcellofms Жыл бұрын
@@Dirk-van-den-Berg I believe this accident occurred with a company from Mozambique in 2013.
@LuizHartkopf
@LuizHartkopf Жыл бұрын
There was another one where 2 pilots died right after take of because of unbalanced fuel between both wing tanks. The FO forgot to turn off the pump during the refueling so one wing had a lot more fuel than the other. To make things worse they didn’t go over that in the checklist (it showed them that it was unbalanced but they just didn’t see it) There was another one where a embraer legacy crashed midair with a Boeing 737, all people on the 737 died and the embraer legacy only lost its wingtip and was able to make it to the ground safely with no injuries
@LtNduati
@LtNduati Жыл бұрын
I almost completely forgot about that. On another note, I love flying on the E190. JetBlue uses them a lot for flights from Boston to other east coast destinations, and I once saw the Profit Hunter E190 E2 when I lived in Hartford and had a beautiful apartment with a clear view of the approach path into Bradley Airport (BDL-Windsor Locks, CT)
@thereeven
@thereeven 10 ай бұрын
Embraer's military jet looks absolutely gorgeous!!
@dipling.pitzler7650
@dipling.pitzler7650 Жыл бұрын
I think the reason this deal fell through is a different attitude to the meaning of the word "partnership " between ridiculously highly "confident" and paid Boeing top managers and other potential partners. To Brazilians Embraer is a mainstay of national pride and the government would have never allowed it to loose sovereignty. I very much hope though that Embraer finds a way and does no fall into a deeper trap seeking for a partnership in the far east.
@MentourNow
@MentourNow Жыл бұрын
True that
@AMADINHOS
@AMADINHOS Жыл бұрын
Benfield partnership with with China, are we still trying to make an civilian aircraft. India, in the other hand, could be an option, if they raise their hand, Embraer is ready for a partnership, as they did with Saab
@ubiratanmenezes1979
@ubiratanmenezes1979 Жыл бұрын
Honestly, i feel sad about Boeing. Such a great company with a beautiful history going backwards like this. As a brazilian, i am very proud of embraer and received the news about boeing-embraer with a lot of distrust. Now, for me, it's very clear that it was Boeing who spoiled the agreement.
@argekant
@argekant Жыл бұрын
Lucky escape for Embraer.
@JeannettedeBeauvoir
@JeannettedeBeauvoir Жыл бұрын
I appreciate your sophisticated recordings these days... but I truly miss your sofa and dogs!
@juliettoler4123
@juliettoler4123 Жыл бұрын
This was great ,Petter. My son worked on several Embraer aircraft types when he got out of school. Now I know what they looked like. He's now working on 737's, 777's and 787's as an Avionics Tech with American.
@bboyjunyor
@bboyjunyor Жыл бұрын
Gotta love that plural!
@dougthomson5544
@dougthomson5544 Жыл бұрын
The management of Boeing is stunningly bad. A fine example was their insane move to South Carolina, a move that was little more than union busting. Everett, has a trained and experienced production community - they understandably expect to be paid. The production problems in South Carolina are well reported. This is Boeing … a management rich beyond avarice and everyone below them are part of “cost cutting”. In the meantime they have had product failure after product in pretty much every division of their company. If they weren’t propped up by the US, municipal, state and federal governments through: NASA; the various tax codes, and a corporate shopping list of government “programs” and “incentives”, they would have gone under a long time ago. Sadly, in this kind of mess it is ALWAYS the employees who suffer while the “executives” get rich beyond avarice.
@kenoliver8913
@kenoliver8913 Жыл бұрын
Of course what makes it worse is that those "executives" are going to blame the employees - "the unions sent us broke!".
@ahndeux
@ahndeux Жыл бұрын
I can never understand why companies like Quantumscape that produces absolutely nothing of tangible value other than hype has a higher valuation than companies like Embraer.
@leonelgaldinomonteiro4783
@leonelgaldinomonteiro4783 Жыл бұрын
Because Embraer is brazilian all business here are undervaluation.
@NicolaW72
@NicolaW72 Жыл бұрын
In Germany a Pizza Delivery Service is member of the Stock Exchange, but not a couple of major Industrial Companies and Banks. So, don´t care about it. It´s Business as usual and don´t mean anything in Real Life.
@Inkling777
@Inkling777 Жыл бұрын
Shortly after the Boeing/McD merger I knew someone in parts acquisition at Boeing. She had loved her job. She now hated it. Why? Because now that there was less competition in the aerospace parts industry, the new Boeing intended to squeeze its suppliers. She was tasked with contacting them with a dictate that said in essence: "This is to notify you that we have been paying you $100 for this part. In the future we will only pay you $80." There's been a lot of discussion about how the merger destroyed Boeing's safety first culture. More needs to be said about how that merger also made Boeing mean. The way it exited its planned joint agreement with Embraer illustrates that all too well, as does how cruelly Boeing has dealt with the victims of the two 737MAX crashes.
@cageordie
@cageordie Жыл бұрын
Boeing has worked very hard to make the company unfriendly to engineering staff. It's funny that now they have a problem with running low on engineering capability. I work with people who worked at Boeing in the 90s, and who subcontracted to Boeing more recently, they describe Boeing as being hollowed out.
@Cynsham
@Cynsham Жыл бұрын
That's the opinion most people had of Boeing after they merged with McDonnell Douglas in the 90's. Boeing went from an engineering company run BY engineers FOR engineers to being an engineering company run by accountants and wall street investors.
@soccerguy2433
@soccerguy2433 Жыл бұрын
Boeing is no longer a great engineering company
@todortodorov940
@todortodorov940 Жыл бұрын
Work hard and you will succeed!
@jtjames79
@jtjames79 Жыл бұрын
If it's Boeing, I'm not going.
@todortodorov940
@todortodorov940 Жыл бұрын
@@jtjames79 I wish it was that easy. Often, an airline is the only option between A and B and they insist on only flying Boeing. Ryanair is a good example in Europe. But if there is an alternative, I will gladly pay little extra to avoid the bad airlines.
@TheOnlyTaps
@TheOnlyTaps Жыл бұрын
Great watch as always 👊🏿. I love how much information and detail goes into this coverage. As questions pop up in my head you end up essentially answering them somehow along the way in the video with the good background info leading into each story
@Firestorm637
@Firestorm637 Жыл бұрын
My son flys a Embraer 175. Always stating all the redundant safety features and advanced safety features compared to other airline companies.
@eddiesantos4978
@eddiesantos4978 Жыл бұрын
It seems like Boeing reputatation as a company is not what it used to be anymore
@leftcoaster67
@leftcoaster67 Жыл бұрын
Maybe Boeing should just have minded it's own business instead of trying to destroy Bombardier and Embraer.
@yosse2403
@yosse2403 Жыл бұрын
I am licenced, as an engineer, on both, the A220 and the E2, both are good aircrafts but what kills them is the Engine, PW has biiiiig problems, the A220 also has Fuselage corrosion issues, made in china but airbus is going back to use standard aloy
@mauritsbol4806
@mauritsbol4806 Жыл бұрын
Boeing is defended here by the American government, but clearly they just bailed on a deal because they were unwilling and unable to pay. Their argument is ridiculous and fails to establish context. Embraer on the other hand clearly wins the argument.
@mauritsbol4806
@mauritsbol4806 Жыл бұрын
If these were 2 american companies, boeing would've seen 100 million in buy-out clause fees on their doorstep.
@francissaffell6853
@francissaffell6853 Жыл бұрын
Embraer, I love these as a passenger, oh so much more foot room.
@lithh5683
@lithh5683 Жыл бұрын
Another great video Petter! Really looking forward to your next video!
@wadehiggins1114
@wadehiggins1114 Жыл бұрын
Embraer is better off without those CRIMINALS!
@marcellofms
@marcellofms Жыл бұрын
Absolutely!
@bergson10
@bergson10 Жыл бұрын
Boeing will soon regret of what they've done. Embraer is an extraordinary company
@Name-ot3xw
@Name-ot3xw Жыл бұрын
Didn't realize that Embraer was Brazilian, neat.
@alaindumas1824
@alaindumas1824 Жыл бұрын
That's ironic because it's all in the Name : EMpresa BRasileira AERonautica.
@serafinacosta7118
@serafinacosta7118 Ай бұрын
Embraer is headquartered in the town of Sao Jose dos Campos , State of São Paulo. It has since expanded its footprint in the State , and further beyond in the US , with a facility in the state of Florida. Its precursor , like many other contemporaries , was making small prop planes. Like a Cessna plane. Crop sprayers , small chartered single be dual engines. The company was handpicked by the Brazilian Military Brass in the late 60’s over other small sized domestic manufacturers , who competed against Embraer at that time. The nod towards Embraer made it easy for Government procurement contracts and the much needed bankrolling to engage into bigger aircraft programs. At that same time , once they were the handpicked ones, they built a regional turboprop freight and passenger aircraft to carry cargo and people to far flung regions, the Bandeirantes. They also got orders for a training and recognizance single engine aircraft , the Xavantes. The Brazilian Air Force needed more than that, so fighter jet orders were filled in by a French aircraft builder , Marcel Dassault. Eventually , Embraer got into the jet propulsion with orders for its civilian charter jet builds. And cargo transport planes. And since then , it has experienced incremental grow on orders and building towards large frames.
@HellenicWolf
@HellenicWolf Жыл бұрын
great work man! thanks for sharing! keep it up! (would love to know about the history of airlines, like our Greek arilines here, Olympic, Aegean, etc.)
@LeverPhile
@LeverPhile Жыл бұрын
Olympic Airways: Founded & built by Onassis & then flown into the ground by the Greek State over the course of 30 years or so.
@HellenicWolf
@HellenicWolf Жыл бұрын
@@LeverPhile more or less 😎
@chrismv102
@chrismv102 Жыл бұрын
Culture. The existing culture at Boeing is at times contrary to innovation and change. One of the problems Boeing has is a very top down management style. Moving the headquarters from Seattle to Chicago and now Washington DC is viewed in the lens of monetary considerations rather than development and construction of innovative designs necessary to compete in the 21st century. If you're primarily a military contractor than being closer to Washington DC would seem to be a prudent move. However if you want to be closer to design and innovation then the West Coast is the place to be. Additionally the west coast culture seemed to rub the higher ups at Boeing with their labor demands. Building in South Carolina looked like a good decision in light of "right to work" attitude in the US southern states.
@vbscript2
@vbscript2 Жыл бұрын
The West Coast does have a lot of engineering jobs, but so does the Southeast, especially in aviation and spaceflight. Most of NASA and much of the Air Force's R&D has been in the Southeast for half a century or more. The trend (not just in aviation, but R&D in general,) though, has been away from the West Coast for a while now. Prices in the Bay Area and Seattle have become ridiculous to the point that engineers don't want to move there anymore. And the progression of technology allowing remote work to become commonplace was already well underway, but dramatically accelerated by Covid. Who wants to pay thousands of dollars a month for a small apartment in the city or else have an hour commute to own a decent home? Speaking as an engineer myself, I sure don't. There's a reason that cities like Nashville and Austin have been growing very rapidly, but that trend has really been for the whole Southeast and Covid has only accelerated it. And, yes, the Boeing unions brought the South Carolina plant upon themselves. When you cost the company hundreds of millions or billions of dollars with stupid strikes just to flex your muscle and show how much control you have, it shouldn't come as much of a shock when they make moves to mitigate that risk for the future.
@serafinacosta7118
@serafinacosta7118 Ай бұрын
If the C Suite wanted Engineering talent , then Huntsville AL would be the place to go. Not South Carolina. It was a self serving cost cutting move without contemplating the consequences.
@robertlee6338
@robertlee6338 8 ай бұрын
Embraer quality control was to high and stringent compared to Boeing standards
@SkyBiscoff
@SkyBiscoff Жыл бұрын
I flew the E175 for a while, so glad they finally went full FBW, was a very nice flying aircraft but a bit weird with FBW only on pitch and yaw
@aliancemd
@aliancemd Жыл бұрын
“Boeing attempting to not pay the breakup fee” - wow, “what a surprise”, Boeing being Boeing yet again…
@NicolaW72
@NicolaW72 Жыл бұрын
Yes.
@NicolaW72
@NicolaW72 Жыл бұрын
Really Good Luck for Embraer - and Boeing once again messed up.
@AlessandroGenTLe
@AlessandroGenTLe Жыл бұрын
Petter, Aermacchi is pronounced "Aermakki", the chi in italian is pronounced "ki". Like "Lamborghini" is pronounced with hard G. Thanks for the story.
@Flyingmachines350
@Flyingmachines350 Жыл бұрын
It would be great if Embraer (& SAAB) and TATA collaborate together for BRICS markets. That will be a successful venture for sure.
@KuK137
@KuK137 Жыл бұрын
Alliance of India, Russia, and Brazil air companies (who would supplement each other really well) would be amazing, but then rabid nato might blow a gasket in impotent fury...
@nickjohnson4593
@nickjohnson4593 Жыл бұрын
Never happen… China has been after embrear for years
@serafinacosta7118
@serafinacosta7118 Ай бұрын
Not a chance with Tata. They have nothing of value to offer. That and the fact it would dilute the Brazilian Government’s control over the company. And the largest Indian carrier issued a large order , 40% towards Boeing , and 60% towards Airbus. Not a single aircraft order towards Embraer. So much for this BRICS nonsense, when Indians still rather suck up to Americans and claim BRICs brotherhood to Brazil but give nothing in return.
@rudivandoornegat2371
@rudivandoornegat2371 Жыл бұрын
Great video, and I'm looking forward to part 2. Subscribed a long time ago. I wonder if Mentour Pilot would love to fly with the bicycle steering of the Embraers?
@deanpesci8484
@deanpesci8484 Жыл бұрын
Man - Boeing should be very happy the 787 has worked out so crazy good. Everything else they have touched in the last few years has been a disaster, included their image with other plane makers.....I would be extremely hesitant to go into any deal with this bunch....let them implode all on their own!
@PauloGaetathe_original
@PauloGaetathe_original Жыл бұрын
From the point of view of a passenger, the 787 is the best aircraft to long range flights available nowadays. Of course that many people love the A380, specially if you fly business, but my favorite is the Dreamliner.
@ralphe5842
@ralphe5842 Жыл бұрын
787 sells well but hasn’t been very profitable you can sell a lot of something but at cost or below just means more you sell the more you loose
@oldmandancing
@oldmandancing Жыл бұрын
You would think that, at 67 years old, I would not squeal with delight every time Petter uploads a video.
@aroopghosh1381
@aroopghosh1381 Жыл бұрын
Absolutely agree. Me a B 787 DE find him a very knowledgeable and a fantastic person. Like to meet him in person
@مرحبابك-ض1ن
@مرحبابك-ض1ن Жыл бұрын
I hope I still do if God gives me life to age 67 😄
@michaeldunham3385
@michaeldunham3385 Жыл бұрын
Creepy
@davidt-rex2062
@davidt-rex2062 Жыл бұрын
Nothing better than having something that makes you squeal wil delight.
@PRH123
@PRH123 Жыл бұрын
Yes you should be ashamed :)
@jeromethiel4323
@jeromethiel4323 Жыл бұрын
OMG, that shark paint job looked awesome!
@Deltarious
@Deltarious Жыл бұрын
The Saab connection is particularly interesting because Gripen's story is very complicated and 'uncomfortable' for them right now. Because of the costs of making the next generation upgrade for Gripen in terms of R&D as well as manufacturing costs combined with the relatively low number of units on order the cost per aircraft for the latest Gripen is *extremely* close to the cost of an F-35 because Lockheed has produced so damn many of them and thus gotten the cost per unit way down. This is a significant issue for Saab because most of their potential customer base already had access to purchasing F-35 politically, and the aircraft is literally in a different league than even the next generation Gripen when it comes to capability. Since cost is now becoming genuinely comparable this is only making the problem even worse by reducing potential sales and therefore further increasing cost per unit of Gripen, further cannibalising their sales in a vicious cycle. There *are* still some factors that differentiate the aircraft in a meaningful way, and nations that already operated Gripen have more of an incentive to stick with an established platform and take an upgrade, so it is more complex than I am making it seem, but fundamentally F-35 is genuinely causing Saab significant difficulties in the international export market
@BuckyBeaver666
@BuckyBeaver666 Жыл бұрын
The F-35 sustainment cost is HUGE compared to Gripen so this is a false comparison. F-35 is also riddled with problems, is less capable in many areas than Gripen. Gripen is versatile and durable. Why is the F-35 popular? Find out who blew up the Nordstream pipelines and there is your answer.
@todortodorov940
@todortodorov940 Жыл бұрын
It sad story, as some customers were politically bullied into purchasing the F-35. Saab is such a great company.
@Person01234
@Person01234 Жыл бұрын
@@BuckyBeaver666 F-35 is popular for the same reason the F-104 was popular.
@aircraftadventures-vids
@aircraftadventures-vids Жыл бұрын
I worked for Embraer for almost 10 years at the US unit (Fort Lauderdale). Am glad I was no longer there to bear witness to this morale-crushing loss.
@Gabriel-gy9it
@Gabriel-gy9it Жыл бұрын
😞
@garypage9515
@garypage9515 Жыл бұрын
Boeing Executives in the 10 years ending in 2019 spent over $43 BILLION to "raise stock prices", and of course their own paychecks. Consequently they were a bit short on cash. Additionally, since the McDonnell Douglas partnership, Boeing does not seem to value Engineers as they used to. Rather, they now seem to place more emphasis on manipulating finances, lowering pay by moving to low paid locations (S. Carolina) and outsourcing work previously done by Boeing itself..
@adriancooper78
@adriancooper78 Жыл бұрын
First Bombardier, then Embraer. Boeing, Boeing, Boeing, Gone!!!
@tawharanui5011
@tawharanui5011 Жыл бұрын
Yet another example of Boeing’s toxic management?
@marcellofms
@marcellofms Жыл бұрын
For sure!
@MentourNow
@MentourNow Жыл бұрын
Go to curiositystream.com/MENTOURNOW and use code MENTOURNOW to save 25% off today. Thanks to Curiosity Stream for sponsoring today’s video.
@kimhays7466
@kimhays7466 Жыл бұрын
I signed up for the Curiosity Stream with your discount. It was money well spent! I loved the natural wildlife programs!!
@jantjarks7946
@jantjarks7946 7 ай бұрын
"Embraer did not satisfy the necessary conditions." Yeah, Embraer suddenly was to big for the troubled Boeing finances. Boeings press release is finest lawyer speak, that seems to blame Embraer, for Embraers success. 😂 Is legal the only department in Boeing that actually knows what it's doing? Hopefully Embraers finances are improving these days. Maybe to a degree enabling them to design a 140 to 175 seat capacity long range plane, with options for larger variants?
@nesagljivic
@nesagljivic Жыл бұрын
My favorite internet title " The story of Boeing gets sadder and sadder".
@planespeaking
@planespeaking Жыл бұрын
Disgraced CEO, Dennis Muilenburg nearly broke Boeing. He really was a thoroughly repellent character too.
@NicolaW72
@NicolaW72 Жыл бұрын
Boeing will carry the Burden of Dennis Muilenburg for a long time to come.
@pauloziliani260
@pauloziliani260 Жыл бұрын
The only reason Boeing still exists is US government, otherwise the company would be part of the recent past history.
@jannepeltonen2036
@jannepeltonen2036 Жыл бұрын
I did once travel in a Bandeirante from Oulu to Kuusamo in northern Finland. It was already an old specimen, brown upholstery that was shredded in places, and the whole plane vibrated. I was very young, not yet at school, but had beem traveling by air quite a lot, as my dad worked for Finnair. But that meant I was mostly used to DC-9s and MD-80s, had also traveled to California once in a DC-10. So a small shabby turboprop with weird colours made me a bit suspicious (I thought all airplane interiors should be blue and white as I'd only ever been inside the Finnair planes.)
@serafinacosta7118
@serafinacosta7118 Ай бұрын
The Bandeirantes was a 70’s turboprop aircraft. Maintained through spares but no longer in production.
@laure.arbogast
@laure.arbogast Жыл бұрын
Very interesting video, as always 🙃
@rougenaxela
@rougenaxela Жыл бұрын
Once upon a time, Boeing was an prestigious engineering company. Now it's a shell of it's former self. Don't get me wrong, there are still some talented engineers there in some areas, but make no mistake, bean counters who have trouble seeing past a 12 month time horizon have taken over.
@danielmarcotorrente4437
@danielmarcotorrente4437 Жыл бұрын
Nice vid, greetings from Sant Celoni!!
@trinity72gp
@trinity72gp Жыл бұрын
Petter, you mentioned something about their (Boeing) engineers being close to retirement. Is this another reason why they have put a hold on new aircraft design? 🤔 Loving these breakdowns you and the team are doing. Very interesting 👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾
@lennoxbaumbach390
@lennoxbaumbach390 Жыл бұрын
Probably. Creating an entirely new model as their primary airframe would require huge investments into engineering subsequent versions and equipment, aswell as establishing an entirely new network for partsd supply and service. The "cheaper" way that Boeing is seemingly going consists in waiting for Airbus' next generation and then developing a competitor based on that. Though this would mean to cede a considerable lead to Airbus. But that's what Boeing has become, the no. 2.
@Jack3md
@Jack3md Жыл бұрын
It’s not about engineers retiring a few months ago. They actually hired thousands of engineers last year, and will this year. It has to do with more Boeing waiting for the digital tools to mature further to create a new clean sheet design, and for a bigger leap in the current engine technology. Remember, Boeing will come out with a new plane, but only if it gives a 20-30% improvement in efficiency, which the current designs and propulsion do not.
@trinity72gp
@trinity72gp Жыл бұрын
Thanks for the input guys 👍🏾
@KuK137
@KuK137 Жыл бұрын
@@Jack3md This assumes they will still have the resources to do that once the time finally comes. But I guess they can always force their congress puppets to bail them out...
@Jack3md
@Jack3md Жыл бұрын
@@KuK137 Bail them out? What? Lol, Boeing is nowhere near and will not need a "bail out". Since the covid lockdowns Boeing has been slowly, but surely improving and over the next 2-3 years you will see huge improvements in their overall results mainly due to higher deliveries in the 737 and 787, plus the introduction of the 777X. To simplify, Boeing will be fine and only a clown without an understanding of them would think they need a bailout from the government for their next commercial airplanes program
@midengineZ06
@midengineZ06 Жыл бұрын
BOEING KEEPS SHOOTING ITSELF ON THE FOOT AGAIN AND AGAIN
@jeromethiel4323
@jeromethiel4323 Жыл бұрын
Ugh. Unless they somehow fix the vibration and noise issue of turbo props, no thank you. Hated flying on turboprop aircraft, they were always so noisy and vibrated so much that you'd still be shaking 2 days after you got off the aircraft.
@teekaa2520
@teekaa2520 Жыл бұрын
On the topic of the TTBW concept. A friend recently remarked that the co investment by NASA and Boeing in the TTWB concept is a way for the US government to financially support Boeings development of a 737 successor. I tend to agree. Maybe a topic for a future video?
@mmm0404
@mmm0404 Жыл бұрын
It's not a development of a 737 successor, it's a tech demonstrator. The funds from NASA will be used to re-wing an existing MD-90 aircraft to test the viability of the TBW and study it's merits and draw backs. NASA and Boeing partnerships have been going on for decades, it nothing new
@ChongaiMongai
@ChongaiMongai Жыл бұрын
The Covid 19 point of recession was i too wanted to specify which was the major reason for pull-out from Boeing, .. really noone new how long it would strech.. Boeing could tie up for manuf; facilities and minority stake with Embraer then. Passenger aircraft industry receives very big orders every 2-3 years (Indigo order and now Air India-Tata). having an additional shop floor to meet such demand surges helps aviation co:s to actually accept such orders and create a Balance sheet War chest to overcome cyclical industry downturns.
@Sophie-and-Ken
@Sophie-and-Ken Жыл бұрын
Covid is not an excuse. When you get paid millions of dollars to be a CEO you should have the knowledge to predict the future. Other I could do his job a lot cheaper and run the company into the ground just a quick.
@rbschneider
@rbschneider Жыл бұрын
03:12 We'd really like a separate video of it! Please!!
@Thermalions
@Thermalions Жыл бұрын
Okay, that's weird. At 6:41 the guy on the right looks to have been edited in. The top of his head has been green screened out. Then again at 14:52 the E2 tail rudder is mostly invisible. I guess someone at Embraer wasn't happy with the real video they had.
@meincomf516
@meincomf516 Жыл бұрын
>missed opportunity for the new best friend meme Sad. Many such cases.
@DemPilafian
@DemPilafian Жыл бұрын
Embraer got maxed! 😯
@mauricio.crippa
@mauricio.crippa Жыл бұрын
I’m a Curiosity subscriber because of you. I’ve signed for one year and I loved!
@PauperJ
@PauperJ Жыл бұрын
I was one of the first 100 subscribers to this channel kind sir. Your videos are awesome! Thank you.
@findmeadamnname
@findmeadamnname 10 ай бұрын
I remember the days where i only had to try and skip ads once with soapy hands when trying to wash the dishes! Not 3 times!
@ColonelRPG
@ColonelRPG Жыл бұрын
3:02 Brazil is a federation of states, actually. So it's not "the Brazilian state"
@bergson10
@bergson10 Жыл бұрын
Ele quis dizer Estado como nação
@ColonelRPG
@ColonelRPG Жыл бұрын
@@bergson10 Não é verdade, presta atenção: "the Brazilian state retains a vetoing interest and also holds shares". Ele não está a falar da nação, ou do país. Está a falar do governo federal.
@natirasohumana
@natirasohumana Ай бұрын
Estado brasileiro. Com E maiusculo. Foi isso que isso quer dizer.
@bearcubdaycare
@bearcubdaycare Жыл бұрын
A series of disappointments from Boeing.
@redboyjan
@redboyjan Жыл бұрын
Shame really, we need these giants to be successful and innovative
@maldohh7451
@maldohh7451 Жыл бұрын
For the first time, this video went above my head! Thanks anyway Mentour!
@MentourNow
@MentourNow Жыл бұрын
Really?! In what way?
@maldohh7451
@maldohh7451 Жыл бұрын
I'm an engineer but I'm afraid to admit this was very technical for me. Or maybe I need more coffee!
@johniii8147
@johniii8147 Жыл бұрын
Embare has indefinitely postponed the new turboprop. They made a HUGE mistake in assuming the scope clauses in the US would change. The E2 simply can't meet the scope clauses and the US regionals were at least half their business.
@marcellofms
@marcellofms Жыл бұрын
Considering recent statements by the CEO of Embraer Commercial Aviation, the turboprop project apparently has not been postponed indefinitely. According to him, the manufacturer is still defining the technical characteristics of the project and therefore chose not to launch the program officially later this year. In the medium term, the US scope clauses will have to be updated. With the end of Mistubishi's SpaceJet project, the Embraer E175-E1 is currently the only model capable of meeting these clauses. However, due to increasingly stringent environmental regulations, the engines used in Embraer's E1 range will no longer be able to meet these regulations. With this, Embraer will have to end the production of this version and only the E2 variant will remain for this market if they want to rely on this type of regional aircraft, even if it is slightly heavier.
@johniii8147
@johniii8147 Жыл бұрын
@@marcellofms The scope clauses with the US regionals will not be changing anytime soon. Less so more than ever given the shortage of pilots. Embraer bet wong on that one and they know that. Embraer is in a real bind since most of their market was in the US and US carriers have rejected the E2's. Mainline doesn't want them and regionals can't take them.
@marcellofms
@marcellofms Жыл бұрын
In the US, Embraer's focus has always been on marketing the E-175 E1. But this one, in the not so distant future, will not be able to comply with some environmental regulations and Embraer will have no alternative but to end its production. From then on, there are only two alternatives: updating the scope clauses to allow the use of the E-175 E2 or companies giving up operating regional aircraft, since there is no other similar model on the market.
@johniii8147
@johniii8147 Жыл бұрын
@@marcellofms I wouldn't put to much focus on the ICAO supposed regulations. They will largely be unenforceable. Each country actually has the real authority not ICAO or the UN. Given the situation pilot situation in the US the scope clauses will not be changing.
@joaov.m.oliveira9903
@joaov.m.oliveira9903 11 ай бұрын
​​@@johniii8147Hey, but they're still manufacturing the old 1st generation E-Jet 175. So I don't think it's a real nightmare for them now. The last weeks saw some news of AA actually purchasing new ones.
@amywill9185
@amywill9185 Жыл бұрын
I had no idea all this was going on! Very informative! Thank you!
@Games_and_Music
@Games_and_Music Жыл бұрын
Curious to see what's in the next video, because even though Boeing's tactics look terrible, i still think they have some ace up their sleeves. I kept comparing Boeing to Nintendo, always having a leg up on Airbus/Sega, but it's starting to look more bleak now. Then again, Boeing still gets government money for projects anyway, but yeah, they are taking a big risk. It's reminding me of Ford, that stopped selling regular cars and moved on to SUV's and trucks, and it's working for them.
@Jack3md
@Jack3md Жыл бұрын
Hopefully you don’t think just Boeing gets government money for projects right
@VeganWithAraygun
@VeganWithAraygun Жыл бұрын
I don't care which Canadian or Brazilian manufacturer is responsible for these Sardine Can "regional jets" , unless you're in (for instance) a CRJs left window single "1st" class seat with aisle access, forget about comfort. They're dreadful in economy class and so-called "economy-comfort", no matter how short or how long the flight.
@foxlake6750
@foxlake6750 Жыл бұрын
Boeing owned Dehavilland at one point, that didn’t go well. Dehavilland was sold to Bombardier.
@AaronCocker
@AaronCocker Жыл бұрын
Some strange green screening at 14:52? The tail orange arrow is floating in mid air?
@AaronCocker
@AaronCocker Жыл бұрын
​@@eriknk thanks, didn't spot that, in my time code it was so stationary relative to the aircraft it looked like a see through panel on the rudder and some orange paint on the rear section 😅
@klaus-peterimmich3538
@klaus-peterimmich3538 5 ай бұрын
bombardier 1992 was a boeing companie Havilland
@MrGirwin1123
@MrGirwin1123 Жыл бұрын
Maybe Boeing could have learned how to make a comfortable jet. The Embraer is a lot more comfortable.
@PauloGaetathe_original
@PauloGaetathe_original Жыл бұрын
Really? Have you ever flown the 787 Dreamliner?
@vbscript2
@vbscript2 Жыл бұрын
It definitely is not.
@mhdibm7515
@mhdibm7515 Жыл бұрын
I am sure that we will have a video about qatar and airbus , really excited for that one
@MarceloTrindade1
@MarceloTrindade1 Жыл бұрын
Yes! Me too! By the way, in the next video about Boeing's future, Petter could include some insights about what will happen with the Boeing/Qatar deal during Qatar's dispute with Airbus...
@jimjackson5544
@jimjackson5544 Жыл бұрын
It would help if you would have 'Titled' each link so we could find the ONE that you mentioned is below!!!
@danatmatchvox
@danatmatchvox Жыл бұрын
The failure is all Boeing as usual
@fredmdea785
@fredmdea785 Жыл бұрын
Boeing is now getting Embraer engineers straight from São José dos Campos, offeeing higher wages for them so they leave Embraer and join their office. Embraer cant pay higher wages at the moment due to its financial situation, while it requires a high workload from its engs, and Boeing is taking full advantage of that
@leonelgaldinomonteiro4783
@leonelgaldinomonteiro4783 Жыл бұрын
Drain brain
@Parc_Ferme
@Parc_Ferme Жыл бұрын
People saying that the deal failure was better for Embraer doesn't know what they are talking about. If Embraer doesn't find quickly a partnership with similar terms, they will be drowned by E2 debts and crushed by Airbus.
@NicolaW72
@NicolaW72 Жыл бұрын
@@Parc_Ferme Embraer wouldn´t exist today if Boeing would have bought them. The interesting parts would have departed into the US, the rest of the shop closed. At least they have now the chance to survive.
@Parc_Ferme
@Parc_Ferme Жыл бұрын
@@NicolaW72 You couldn't be more wrong: "New Embraer" would be a company with pretty new top class portfolio in the business jet (Praetor) and military (C390 and E36 Grippen). With billions in cash and almost zero of debt. Never in it's history the company would be in such comfortable financial position. Now they will have to face alone Airbus and God know how they will pay the E2 development debt with a few sales. The only way Embraer will survive, will be if they make a similar deal with COMAC.
@PauloGaetathe_original
@PauloGaetathe_original Жыл бұрын
@@Parc_Ferme The Embraer brand would have already disapeared and it would have become a Boeing division.
@gundamzerostrike
@gundamzerostrike 6 ай бұрын
I used to fly on the Embraer Bandeirantes all the time as a kid. My dad was in the airforce and my family used to get "free rides" on the military variants all the time. Now EMBRAER IS STILL A STATE COMPANY (your information is wrong on that). What happened was: austerity measures by the Brazilian right-wing. Every single time a right-wing president steps in, they try to privatize everything Brazil has. They pretty give away the country for the Americans or the Europeans. They have been trying to give away Petrobras for decades now and they tried to do that with Embraer too.
@Firestorm637
@Firestorm637 Жыл бұрын
BOEING IS SUBSIDIZED 15 billion dollars a year. Why to we continue subsidizing companies that should have their ACTS together. They act more recklessly as too big to fail big government always there with more handout’s continuing the saga. Stop all subsidies. Make companies accountable or bankruptcy.
@Firestorm637
@Firestorm637 Жыл бұрын
High inflation really hurts companies as more cash going into servicing debt vs R&D and innovation. Small companies and start ups are really hurt as more debt ladened
@helianocabral9832
@helianocabral9832 Ай бұрын
Embraer will never compete directly with Boeing or Airbus. That would require financial resources and market share that Embraer does not have. However, the other side of the coin is also true: Boeing or Airbus certainly have trouble producing smaller aircraft at a competitive price. The A220 production is deficit-prone. That financial fact will become increasingly clear over time.
@serafinacosta7118
@serafinacosta7118 Ай бұрын
Never say never.
@danielemanuelsson4233
@danielemanuelsson4233 Жыл бұрын
Nice to learn about their quality. See if you can make a similar film about the Hilux. Thanks for this bang it's appreciated.
@MarceloTrindade1
@MarceloTrindade1 Жыл бұрын
Great vídeo! I'm looking forward to watching the second part on Boeing's plans. If possible, please include any insights about what will happen with the last Boeing/Qatar deal, considering the dispute Qatar/Airbus is over. Thanks!
@MentourNow
@MentourNow Жыл бұрын
I’m Thinking of doing a shorts on that one
@MarceloTrindade1
@MarceloTrindade1 Жыл бұрын
@@MentourNow Great!
@bonespiel
@bonespiel 9 ай бұрын
I really like Embraer's business jets!
@jdotsalter910
@jdotsalter910 5 ай бұрын
It's time to revisit this deal with new Boeing management.
@serafinacosta7118
@serafinacosta7118 Ай бұрын
Nooo thank you. Good riddance.
@lj5632
@lj5632 Жыл бұрын
It was due Max grounding. It broke boeings legs.
@josue_kay
@josue_kay Жыл бұрын
Boeing only wanted Embraer to destroy it and thus eliminating competition. Reminiscent of Apple's acquisition of Beats headphones.
@vbscript2
@vbscript2 Жыл бұрын
Boeing had very little competition with Embraer already, especially on the commercial side. The E-jets don't really compete at all with anything Boeing makes... which is exactly why Boeing was interested in it. The smallest plane Boeing Commercial Airplanes either makes now or has any announced plan to ever make is over 30% larger than the largest E2 and has 1,000 nmi longer range.
@josue_kay
@josue_kay Жыл бұрын
@@vbscript2 Boeing had very little competition with the Bombardier C series too apparently, and yet Boeing's vile attempt to push them into extinction clearly implies it was a threat to them!
@vbscript2
@vbscript2 Жыл бұрын
@@josue_kay The CS300 is actually pretty close to the smaller 737s. The E-jets are not.
@Secretlyanothername
@Secretlyanothername Жыл бұрын
Silly scope clauses.
@Parc_Ferme
@Parc_Ferme Жыл бұрын
Really, Boeing's bail out of the deal should had gave a huge credibility and image damage, almost unrecoverable with MAX and China Eastern NTSB leaking. I will never fly a Boeing again in my life, if they didn't respect a contract sign by themselves, what they will be?
@dastankuspaev9217
@dastankuspaev9217 7 ай бұрын
C390 is an excellent jet. Way better than ancient c130
@volrosku.6075
@volrosku.6075 Жыл бұрын
in before CFM ammounces they are only supplying to Airbus and Embrear as to not be involved in (if i recall right) another max crisis. beyond that Boeing is a dying company held aloft by the fact the aging 747s out do the 380s and the 737s have such a dominant control of the market. but as soon as a few grandfather contracts end (come on EU do it) that's it they are one move in so many ways to being completely destroyed. I prefer a three step approuch CFM denies Boeing outright ends all engine contracts, Embrear Joins the Airbus consortium, and three the EU ends all grandfathering clauses in saftey regs.
@flavioc5389
@flavioc5389 Жыл бұрын
No fucking way that Embraer will ever join Airbus, it would be a disaster. The EU is heavily anti-Brazilian and Airbus is mostly afloat because of subsidies.
@nicknocturnal652
@nicknocturnal652 Жыл бұрын
Hi Mentour, I’ve not tuned in for a while.. however this video was very interesting but I lost my concentration with the advertising in the middle 😮 as it coincided with a double advert inserted by U Tube… Way too much commercial ads Ps still have one of your original coffee Mugs which is holding up very well
@Potatofarmer1898
@Potatofarmer1898 Жыл бұрын
Anybody who worked at Embraer at the time of the joint Venture and knows the word “Yabora” knows what a gigantic mess and badly thought out process this was. Timing was horrible as well because of Covid 19 and the 73 Max. At the end, Airbus got the 220 and the 175-E2 flopped. And Embraer lost JetBlue. It sucked for everyone. Another one to put on Dennis Muilenburg’s bag of screw-ups.
@farmerjohn8726
@farmerjohn8726 Жыл бұрын
Do you have an update on the effect of sanctions on Russian aviation and certifications? Your initial report 11mos ago was very instructive! Thanks!
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