Could Boeing go Bankrupt?

Instagram: / cobyexplanes
I’m not going to beat around the bush - Boeing is in trouble. After nearly a decade of sustained growth, the company is suddenly facing a crisis on multiple fronts. And it raises a sobering question: Is Boeing - who was just recently the crown jewel of the US economy - about to go bankrupt? Let me explain.
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[@michelvandepol1485]

Coby for Boeing president

[@cobyexplanes]

Make Boeing Great Again lmao

[@adamclarke2251]

Coby Explanes you couldn’t be worse than the current president lol

[@wikileaks4341]

Donn't warry very soon will be at war with another muslim country. And boeing will get back its 1 st position. War is good for these companies and our nation.

[@markjones4704]

@@wikileaks4341 yanks wont fall for contrived bullshit wars again

[@weaselworm8681]

Adam Clarke A dead parrot would be better. Just based on this video Cody would be far superior.

[@rsattahip]

The design flaws of the Max were not overlooked, they were known and hidden. Their top executives belong in prison for the 300 deaths that plane has caused.

[@gearond]

the plane is unable to fly to the edge of its wings envelope because the instability of the non-lift producing nacelles being extended way the hell out there. The only thing to do is PRECENT the airplane from flying slow and at high AOA........OR add powered lift to the horizontal stabilizer via an internally blown elevator.Which won't happen on the Max

[@ichhasseamerika]

@@gearond Once more in english?

[@spidey5324]

The entire board of directors should be in prison.

[@nathannataatmadja3349]

Their top executives would never be put into prison. The POTUS will pardon them right away, if ever. Bankrupt? Doubt it. It's the national pride of the country.

[@luispinon5902]

Sounds a lot like the DC-10 story....

[@samdubs]

My brother is a pilot and he uses my PC all the time for X-Plane because he’s jobless now :(

[@corentinmouchel3825]

It's remote working !

[@cobyexplanes]

Just sitting here waiting for FS2020........

[@heliostransport515]

Sorry for him.

[@wikileaks4341]

Donn't warry very soon will be at war with another muslim country. And boeing will get back its 1 st position. War is good for these companies and our nation.

[@phuphan913]

Coby Explanes same

[@bobmiller6974]

I work for Boeing, the simple answer is No, the Government won't allow it.

[@RevolutionaryThinking]

Bob Miller good I invested in it a little!

[@ReflectionTool637]

The US will not allow the US to not have a top notch aircraft maker. Sadly, we do need to retain various capabilities within our borders. Please someone explain it to the grifter currently in the White House ;)

[@justinbeghly1435]

Correct

[@cesarforte617]

@David Henson it might not go bankrupt but they will be downsizing

[@christopherpace4108]

Hi Bob. I am a BIG Boeing admirer and fan and I am 100% sure that the US Government shall provide your Company with the adequate funding......Boeing is simply a "landmark" for the USA, it's economy and for Aviation in general!! May I wish you all the very best of luck at Boeing and I hope and pray that the Boeing 737 Max saga can be finally solved, the aircraft certified once the outbreak of the Coronavirus pandemic has finally diminished but only God knows when!!

[@ernodios]

I'm from Spain, but I moved to Germany in January in order to commence my my training to become cabin crew. I finished my training towards the end of February and started flying in March. You have no idea how much I love my job, I really do enjoy every single minute of it. It's specially rewarding after all the places where I've worked previously, trust me when I say I've worked my ass off to get where I am. But now I am in quarantine, after leaving my country, family and friends behind, hoping for this to end ASAP so I can start flying again and recover some of the hard earned money that I have spent already. And hoping that this crisis doesn't worsen enough for me and my colleagues to end up losing our jobs as I have seen to happen in so many other companies.

[@edricklawrenceong7776]

Boeing is the epitome of the term “too big to fail”, even more so than the likes of GM, AIG, and Citibank.

[@simongrayakarapgod3158]

And just like GM, AIG, and Citibank. We are going to bail out Boeing because we are retarded. Edit. I forgot a .

[@Embargoman]

For now Airbus is the equivalent to Toyota in Airplanes.

[@simongrayakarapgod3158]

@@Embargoman Ya true

[@sultryjmac]

If something is too big to fail, that means it really needs to. The longer it is put off or saved, the worse the fail at the end will be.

[@KasabianFan44]

I’ve been waiting for this video for weeks and wasn’t disappointed. This is your best video so far in my opinion!

[@raymondleongdiva]

Def his best video and so thanks for cheering everyone up...god bless us all...stay safe!

[@cobyexplanes]

A fun fact about me is that I was an economics major in college. While it's a great major for helping someone learn how to think critically and analytically, I never thought I'd actually use it outside of school. So this was a really fun one to make, taking what I actually spent 4 years studying and combining it with my passion for planes :)

[@worklove5147]

Sorry to say, stupid video...

[@tgoodson2]

Correct the spelling on the introduction. I don't watch stuff with basic errors.

[@Originalman144]

They arent going anywhere -- they will get bailed out with a little icing on top.

[@leomottier7342]

Airbus: watches this video. Also Airbus: Hold my beer...

[@cobyexplanes]

lol

[@wikileaks4341]

Donn't warry very soon will be at war with another muslim country. And boeing will get back its 1 st position. War is good for these companies and our nation.

[@Jordi7174]

@@wikileaks4341 And draft dodging war mongers.

[@cry_baby_the_dancing_clown801]

aha sure till airbus is killed by coronavirus , a really big vast majority of airbus's orders are made by asian airlines and with the coronavirus i dont it's a good thing for airbus either , and let's not forget how airbus isn't that much in other domains other the civil aircrafts

[@andreasvgbe]

@@cry_baby_the_dancing_clown801 sorry but that is not correct, they make the replacement for the C130 in many European countries, the A400M, Airbus helicopter (former Eurocopter) makes the cougar, tiger, EC145... and is the main shareholder of NHIndustries (NH90). Their MRTT A330 is also very popular in european countries and is infamous for losing a USAF contract despite being a more affordable and capable aircraft. They are main shareholder of Dassault (makes Rafale) and Eurofighter (makes Typhoon F2000). Airbus group also bought Arianespace maker of the Ariane-5 rocket. Airbus defense and space also makes satellites. Both French and German government have 11% stake in the company, do you think they are going to let it go bust?

[@glenngammon4215]

Boeing is all screwed up now. They should go bancrupt & then recreate themselves: A) w/ a while new board B) located in Seattle C) w/ the board made up of D) 40% union members E) 40% engineering & design F) 20% management G) all decisions MUST be quality decisions w/ finance only to be considered IF it will not bring in a net profit. H) NO - NONE - ZIPPO dividends for 20 yrs.

[@boohead222]

I agree with you, but as I look at Trump, who just recently wanted to start the economy and risk American lives, shows me that there is a problem with the society. Money seems to have a higher value than human lives.

[@ShaunHensley]

48-48-4

[@Oliver-uj7xp]

“All decisions MUST be quality decisions” that’s like saying “the company MUST make a huge profit” or “All mistakes MUST not be made”... you can’t just state something without telling how, but maybe they’ll let you on their “new” board because of these flawless statements

[@BbBoY161]

Oliver van Rheenen i think he mean engineering quality and reliability. Less about the cost cutting that they have been doing since the merger with MD. Boeing used to be all about innovating and not taking shortcuts. Now since the management and workers are separated (based in Chicago), the engineers basically make sure they are reaching financial goals. There is a disconnect

[@amxlopez8082]

Kevin Lem the media does anything to lie and scare people keep on believing bud.

[@calvin419]

You explain everything so well Coby...straight to the point, concise, and non biased. Nothing short of awesome!

[@cobyexplanes]

Thanks Calvin :)

[@Leatherkid01]

i agree 😊

[@jollyronacher]

I’m from NYC, we’re getting hit really hard. It sucks, but we’ll get through it.

[@cobyexplanes]

Got a bunch of friends stuck in NYC as well - stay safe

[@corentinmouchel3825]

hello from France... At home obviously !

[@wikileaks4341]

Donn't warry very soon will be at war with another muslim country. And boeing will get back its 1 st position. War is good for these companies and our nation.

[@rexbentley8332]

This what you get when bean counters, lawyers, and bureaucrats run things.

[@michaeldiesel3688]

I heard they all came with the mcdonnell douglas merger

[@Indarow]

“A decade of sustained growth” Yeah, by the CEO selling the company’s soul and morals to the highest bidder for short term profits.

[@Aaron-wq3jz]

Honestly breaks my heart

[@noahbowie5985]

Boeing have recently come out with a replacement for the 737 MAX It's called the 7-A320neo-7

[@jeffbenton6183]

Ouch.

[@stradivarioushardhiantz5179]

Boeing; "Covid-19 pandemic is the right time to suspend Airbus" 🛫😂

[@hughlynas6219]

Airbus will have the same problem as Boeing. European governments will bail Airbus out. So, both aircraft companies will be bailed out by their governments - some lawsuits will change.

[@jdmrc93]

Government bailed out GM and Chrysler.... Shows Hondas.

[@TheA380Flyer]

Nobody: Absolutely nobody: Cobe: "*Let me explain*"

[@anonymouswriter448]

*EXPLANE. Get ur facts straight

[@wikileaks4341]

Donn't warry very soon will be at war with another muslim country. And boeing will get back its 1 st position. War is good for these companies and our nation.

[@morganphillips8609]

@@wikileaks4341 Yikes

[@ernodios]

@@wikileaks4341 stop copy/pasting the same comment bro

[@gdeiselable]

Watch at 1.25 the speed

[@victorbmc]

Thank you 😂😂

[@IceVale]

Boeing: Thank you for all the help and support Airbus: No this was not supposed to happend >:(

[@alexandrevachez3294]

Thank you, my father works for Airbus and it's very hard for him! Nice Video 👍, as always!

[@cobyexplanes]

thanks :)

[@wikileaks4341]

Donn't warry very soon will be at war with another muslim country. And boeing will get back its 1 st position. War is good for these companies and our nation.

[@zhanglin317]

WikiLeaks as sad as it makes me I have to agree with you. That is why we call blood money. No blood no money!

[@alexandrevachez3294]

@@zhanglin317 this is sadly true...

[@sandeepunni1663]

Saablives im sorry but Saab does not live

[@Apex-fc7ng]

Boeing civil aviation is taking a financial beating right now. Their military and NASA contracts are very lucrative, so Boeing will be fine in the long term.

[@1chish]

What military contracts? * The KC-46 is a boondoggle mess, $ Bns over budget, not achieved IOC and years late. * The F-15 production line is basically ended with the USAF only possibly ordering 8 x F-15X types this year. It last bought an F-15 ten years ago and F-35 Senators will have something to say. * The F-18 / EA-18 line has basically run out of orders as the Navy is restoring stored aircraft from Davis Monahan. * The C-17 production line closed years ago And the civilian side? * 737MAX is a financial disaster and was the cash cow that fed Boeing shareholders * 787 loses $20 million on every aircraft sold (to recoup R & D costs) * 777X is 2 years late and has issues with both GE engines and rear fuselage * 747 production is winding down to a close this year. Even the new 'Air Force One' aircraft are stored ex Russian purchases.

[@ChrisBarrow-617]

@1chish and don't forget that the KC-46 is on a fixed priced contract, therefore Boeing will not recoop any of the costs on that programme.

[@1chish]

@@ChrisBarrow-617 Well its over $3 Bn and counting that just sinks Boeing even further. Just like the huge overruns on the 787 are losing Boeing $ Mns on every sale. The Air Force agreed to accept aircraft but withholds 20% of the price as they (put simply) do not work as ordered. Thus adding to Boeing's cash problems. I guess some USAF big chiefs and Senators needed a photo opportunity. However reality was defined by Chief of Staff Gen. David Goldfein over just one of the faults - the Remote Visual System that currently that has a dangerous blind spot when monitoring the boom during refueling: “We are targeting the ’23/’24 timeframe to have a fix in place,” People on the Senate Armed Service Committee like Sen. Jeanne Shaheen were less than impressed: “That’s significant - three or four years until we get to capability!” The real tragedy is that the USAF were not allowed by the politicians to order the A330 MRTT they actually wanted and which is more capable than the KC-46.

[@fightsports66]

Kobayashi Maru Your post makes me wonder. Is it possible Boeing might go forward concentrating on military aircraft and deemphasize civilian aircraft?

[@sofuckingannoying]

Boeing's fulfillment of NASA contracts (SLS, Starliner) has been a disaster, too. Their friends in politics keep the money flowing, but they are ruining their reputation for the long term. Air Force issues have been mentioned elsewhere.

[@ronpasik5916]

Good take, son. I work for Boeing and have done so since 1984. It remains to be seen how much longer I work here.

[@saturnv691]

I feel like once the max gets back in the air again, it will have a very strong safety and reliability record for the future decades because while troubleshooting the mcas problems, they discovered a load of other problems that wouldn't have been identified if it weren't for the mcas. This is going down the same path as the dc-10, 40 years ago. Dc-10 had a very rocky start but went on to be one of the safest planes of its time.

[@johnnyboythepilot4098]

Exactly! Same for the Comet. A lot of legendary aircraft both airliners and fighters started out as lemons or had a slew of technical problems at first.

[@discogareth]

The Max may as well be scrapped now. The aviation industry won’t need any new planes for a while. Even when this is over, things will be quite different!

[@pilotjonas8]

Gareth Jones no, The new planes will keep on comming in, but The old ones will be out earlier

[@None-zc5vg]

All of the safety-advances at the cost of hundreds of lives for each one.

[@gearond]

It's kind of like the national electrical code. Every paragraph has one or more lives associated with it.

[@samdubs]

We’re about to go back 20 years in aviation even if corona gets solved in 6 months. RIP Aviation industry

[@Finno-ft4mg]

Sam Dubs, As a newly qualified First Officer I disagree, people will always want to fly, business will always need to travel. Economies rely on travel and tourism, Businesses rely on air travel, it will be slow but bounce back.

[@mateuszzimon8216]

@@Finno-ft4mg Yes, but after this lots of small airlines go belly up. (they dont get bailout money) And we get a lots of slightly used planes with disscounts 30% just only to use this than order brand new 7 planes now or 5 brand new in future.

[@trainsplanesandautomobiles2547]

me and my family just took a trip to california and staying at home for a few days, I love airplanes and, this made me feel a lot better you better know im liking this video

[@cobyexplanes]

:)

[@borekkacper1]

Honestly, I think it's time to find a replacement for B737, which is based a lot on B707 design... I mean, it was a good strategy until some point but right now, Boeing should definitely think about another narrow-body plane, which could take over the B737. Personally I think they could redesign the B757 into something shorter and more modern and there they go, but it's only my opinion. Idk how expensive it could be or even if it would be possible but seeing that they were able to adapt the B707 desing to 2 other planes (B727 and B737), they would be able to do such a thing. :) The time will show... :) When it comes to me, I'm struggling to get to the airport again, but hopefully they'd need me! :D :) I'd love to welcome passengers on board of the planes again! Love my job and that won't change

[@ShaunHensley]

Well of course. They were in huge trouble before they decided to cut corners on an old airframe instead of developing a new one.

[@vietusa74]

You misspelled “groundings” at 0:43

[@shitaocheng1527]

No, I don't think so. How ever they maybe filebankrupt protection to get through this coronavirus situation plus they still have contract with the government

[@None-zc5vg]

The politicians get paid to see to it that the corporations are bankrolled by the taxpayer: Trump is said to have received $800,000,000 and more of public money towards his property-development schemes in the New York area, allegedly by keeping local politicians and public officials "sweet".

[@TheGreatBigMove]

We cannot let Boeing go under. SOmething's got to give, but they are essential to the strength US economy.

[@aamgdp]

Well they have a lot of stock to sell before they go under

[@johnnyboythepilot4098]

Seattle would easily become the next Detroit if Boeing was to go out of business.

[@yengsabio5315]

Should Boeing be punished (i.e., by way of not being bailed-out) because of their bad business behavior and as a consequence, the 2 crashes involving the B737-Max & this type's grounding?

[@ATARI800XLfan]

@@yengsabio5315 yes, if they are given any money the Board of directors and high management should all be fired as a requirement.

[@Originalman144]

They will get bailed out 100% + some icing on top. They are tied to Defense and DoD. They arent going anywhere. It would take years to switch all that stuff over. However, they would basically be nationalized -- if they arent already.

[@javahedz]

Excellent job ‘explaning’ this situation! As usual, clear, concise and listenable!! Here in remote eastern Washington State, the virus has finally found us. One known case in our county, “so far” has been reported. I’m sure there are more ... I am spending the time under “house arrest” working on the little jobs to finish turning my cabin into a full-time residence here. Social distancing?? My nearest neighbor in any direction is 40 acres away! I do enjoy watching the fighter jets screaming overhead - I assume they’re from Fairchild AFB out of Spokane. They come up the Sanpoil River valley, often doing beautiful maneuvers right overhead. It’s spectacular to watch!

[@cobyexplanes]

Oh man, wish I had 40 acres to stretch out in! Not surprised to hear military jets are still up there even while most commercial flights are grounded haha

[@francoisunger6466]

Longer video but not diluted, that's awesome! I like the other background better though. Totally didn't excpect the "wash your hands" ending and it made me laugh, keep going!

[@cobyexplanes]

Thanks! Was a tad worried people wouldn't stick it out through the whole thing since most my videos are half the length, but there was just so much to talk about here. Unfortunately the old background is gone for good (I moved) but I did like it quite a bit. That being said I shot a few videos before I left, so you'll see it a few more times :)

[@atulcbr01]

Hey it’s Sheldon Cooper lol

[@terrycole1165]

Glad to see I wasn’t alone. I have been thinking that since the very first time I saw him. He seems somewhere between “Young Sheldon” and adult “Sheldon”.

[@grahamturner2640]

Airbus also makes military aircrafts. It’s mainly for European countries.

[@shi01]

Yes, but there's a vital difference. Airbus is actually split in 3 main companies. Airbus Commercial Aircraft, Airbus Defence and Space, and Airbus Helicopters.

[@donquattrocchi9472]

millions and millions is spent paying management executives. Naturally they will not take a pay cut.

[@jessicalady2172]

Hi

[@CKLee-rs4kl]

IF there is a bail-out I think the government has the discretion to set salaries for top management. Actually, top management should be fired and Boeing should go back to managing the way they did before they paid McDonnell Douglas to take them over and literally run the company into the ground.

[@donquattrocchi9472]

@@CKLee-rs4kl ..I fully agree

[@donquattrocchi9472]

@@CKLee-rs4kl you are correct

[@glenngammon4215]

Yes! It should totally go belly up! There s/b 3 separate firms come out of this. A) the military arm. B) a commercial planes part w/o 737 max. C) the 737 max s/b reengineered - rip the wings off, put on new wings where the engines are 'correct' for the new wings. Mang'mt s/b in Seattle w/ 1) 40% of board from Union workers, 2) 40% of board from engineering, 3) 20% of board from front office. After 737Max is good it would rolled back into the commercial planes part.

[@BobBacheler]

Great Video. You clearly stated the situation in a well balanced manner.

[@cobyexplanes]

thanks, and thanks for watching :)

[@richardpluim4426]

I like how clear you present your view. I have heard other channels that were hard to understand because of loud background music.

[@notbillnye8536]

Would love a more detailed breakdown of Airbus’s situation! Solid video as alwags

[@deaddoll1361]

If a US government bailout for Boeing is "almost certain", surely a similar scenario would apply for Airbus in Europe.

[@wikileaks4341]

Donn't warry very soon will be at war with another muslim country. And boeing will get back its 1 st position. War is good for these companies and our nation.

[@mateuszzimon8216]

@@deaddoll1361 I think gov put money in Lockhead to buy all programs from Boeing without 737MAX, then purposly bancrupt boeing

[@1chish]

Airbus closed down for a week at different plants as the virus took hold but they are now up to full production. They just doubled the production rate in Alabama. Airbus has a backlog of orders going back years and is looking for new FAL sites with the UK being seriously considered.

[@devon896]

You seemed to have forgotten that for airlines to cancel their order they have to pay a penalty fee. This was the exact reason the original Flybe struggled to get rid of it's Embraer E jets that it had on order.

[@xPanPan1130x_clips]

Great video

[@cobyexplanes]

Thanks :)

[@TrainerAQ]

In December I got a call that I was accepted into a major airline it was the happiest moment in my life. Between Jan-Mar, I trained to fly the A320 and got based in NY. In Mar I moved to NY and by then I had used up my savings account these 3 months to make it this far. I flew the A320 and A321 for about a week. Then everything shut down due to the virus at my airline when I was 38min away from completing the 25hrs I needed to finish my training. I decided to fly home to Charlotte instead of being in NYC for this pandemic. Now I'm laying on the floor of my room on Day 8 of quarantine thinking about how my life was a waste. Thinking about the years it takes to go through an interview process at an airline and the fact I may have to go through that again. This sucks. At least I have the memories of the best week in my life. The week my dream finally came true.

[@gidi2498]

TrainerAQ hurtful story bro... either way menh, I’m short of words myself as i’m going through a tough time myself. Just stay strong ok, hopefully things will get better for us soon.

[@dhyeyshinde2559]

hope things are better now mate 😀

[@TrainerAQ]

@@dhyeyshinde2559 I'll be getting retrained on the A320 in July. 3 years lost but that's life. I'm just going where the wind takes me now.

[@cassio142]

Despite the COVID-19 damages in air industry, Boeing get extra time to put Max flight again.

[@waterdrinkingexpert6797]

@Agent J MCAS is not needed for sustained flight, it is simply there to increase yoke force gradient during very high AOAs, so the MAX can meet the same type rating. The plane can fly perfectly normally without MCAS.

[@gezurarbeit3097]

@@waterdrinkingexpert6797 It appears that in critical AoA situations it does not, hence also MCAS.

[@philliphead8760]

That company has not done anything outside of American corporate culture. That’s how companies do business in that country. So a bailout will be standard procedure.

[@jean-mathieuleblanc6226]

Since boeing planes will be massively subsidized, they should be banned outside of US for dumping? Just saying, from a friendly Canadian;)

[@beernpizzalover9035]

Jean-mathieu Leblanc A lot of Boeing aircraft parts are made in Canada (Winnipeg): wing to body fairings, for example.

[@andrespaniagua340]

Large civil aircrafts (LCA) are subsidized heavily; particularly at the develompent stages. There have been major trade disputes at the Wolrd Trade Organization regarding the export subsidies provided to Boeing, Airbus and Bombardier by the US, the EU and Canada.

[@gamehub2641]

Hi Cobym I'm a big fan of the channel here, and I just want to say I like how you explain things thoroughly for us to understand. i'm an aviation geek too, but my knowledge is only a snippet compared to you. Keep making these videos man, I really enjoy watching them! Be safe during this pandemic man.

[@Hans-gb4mv]

Don' be surprised if the bailout comes with some conditions like splitting up the company.

[@johnnyboythepilot4098]

Boeing won't accept it. They already rejected the US's initial bailout offer because it included the US taking a stake in the company which they don't want.

[@baronvonlimbourgh1716]

Not with trump in office. They'll get whatever they want and a few billion extra for good measure.

[@andrespaniagua340]

Thanks for the video, Coby! A bit of familiarity in changing times, with the quality that characterizes your content! How about a video of the role of subsidies, including export subsidies, in the large civil aircraft industry? The WTO large civil aircraft cases come to mind. I'd be glad to share a little bit of the trade Law perspective if it is of any use (if you like the idea, of course).

[@cobyexplanes]

I do like the idea, but Wendover has already done a similar video and its excellent. Would need to figure out how to differentiate mine first

[@sergegirard864]

After what they did to Bombardier, I sincerely hope they go under for good!

[@theavenger5749]

What did they do to bombardier ???

[@TLO129]

Abhirup Sen There was this court case where Boeing put massive tarifs on stuff for bombardier. It was a settle because Bombardier was doing really really shady shit when selling their C-Series. So I don’t blame Boeing for going after bombardier, I would have, bombardier was being shady as hell when selling their C-Series. Simply put, Boeing put a huge tarif on Bombardier stuff, because of Shady business being done by Bombardier, and the anti-Boeing gang threw a hissy fit over the tarif

[@caspernotsofriendly1803]

I used to work for Everett Boeing and about as high up as I could go under my grade level. I stepped down as lead complaining about management not doing their part in backing my decision which lead to my 2nd level manager getting fired after putting in 41 yrs. She retaliated on me and got the whole company to seek her revenge on me. I couldn't use the rest room management stood and watched my every move. And after 1.5 yrs they finally got me out but I was on FMLA and doctors permission so I was wrongfully terminated in the help from the union who received income from boeing so you have a lie of being union and the money deduction union fees just go back to the company. I was shit on by 32,000 workers over the fact that a bitch got fired not for my actions but she costed boeing 34 million dollars. Looking for a lawsuits against both Boeing and union. Morgan and Morgan at law

[@theavenger5749]

@@TLO129 thank god a reply came after more than 2 months LOL

[@aviationphu9603]

I mean it takes $80 million to build a “A220” but bombardier only sold them for $20 million

[@johnswanson2600]

Coby: Can tell the difference between an Airbus and Boeing at a glance, can tell the family and variant in seconds. Also Coby: Talks about Chrysler and GM and shows stock video of Honda products.

[@TomConrad-td5qi]

I'm not an expert but the 737 was self inflicted.

[@nabawi7]

Right. The former CEO deliberately sabotaged the success of the 737 Max and the reputation of Boeing only to rush the 737 Max out the door and in the air in response to the Airbus' new (at the time) A320 Neo. Boeing went downhill when they merged with Mcdonell Douglas. Probably one of the worst mergers of all time.

[@edricklawrenceong7776]

I say Boeing is gonna get the bailout money. As a major defense and aerospace contractor, and major aircraft manufacturer with hundreds of thousands of jobs and supply chains all over the country, the company is simply too big to fail. if you’ve ever visited Everett, Washington, you’d notice just how significant the company is, Everette is the textbook definition of a “company town” with a majority of the local economy is dependent on Boeing, if the company goes under, the town, county, and even state would be devastated.

[@xolilemacingwane9377]

I dont think so, Perhaps the older community might be reluctant to travel which I think they wont. People are earger to travel again. despite popular opinion

[@leilasstory3344]

I live in Las Vegas and it’s crazy how fast people are forgetting about the virus lol

[@schlimmbotg472]

Cobys mouth: Active and open like McD WIFI Cobys moth: asleep as a bear in winter

[@mazibukomail]

Depends how long the lockdown goes for.

[@paulallen8109]

And whether Trump can convince the American tax payers to pay a huge bailout. Considering the Covid-19 crisis I wouldn't bet on the tax payers being too keen on saving companies just yet. A few million unemployed people and people being a paycheck from the street is nothing to scoff at as trivial...

[@assuredaviation9116]

A former senior 787 safety manager guy said that an engineer was giving scrap parts -parts destined for waste- a builder to use. Boeing didn't give a sh** about it. He was fired from what I remember

[@thedude1666]

Let them go bankrupt. How can a company like Boeing not have put any money away for a rainy day.

[@franke2273]

You realize the security of the US may be compromised long term if Boeing goes away. US military is too reliant on them so they will get bailed out.

[@tjfSIM]

As well as being a huge employer in Seattle and Chicago, Boeing supports a vast network of suppliers and contractors across the US and worldwide. If Boeing goes, this network collapses as well. Massive implications for the US and global economy, and not in anyone's interests. Boeing is here to stay.

[@mateuszzimon8216]

How to save Boeing but don't pay for MAX faliture, They sell all programs to another company (maybe Lockhead) then bankrupt Boeing

[@wg7082]

I like the new backround

[@cobyexplanes]

Oh good, I thought most people would hate it haha

[@ryannayr140]

Also boeing sort of went all in on fuel efficiency which soared their stock and then bubbled through 2010s. Now oil crashed to $20 per barrel.

[@jakekiddall5108]

They will get bailed out, so when shares get super cheap, buy in. Dyor.

[@krungangkor9693]

Great and interesting, it's will be not a big issue, down turn in US but will be up turn soon at Krung Angkor city as the biggest terminal of the central of Asia.

[@MySpace662]

Boeing is part of our economy in a huge way, Only a recession might end the support they have been receiving from our Government.

[@None-zc5vg]

"We're too big to fail !" (A British banker who'se investment activities helped lead to a banking collapse in 2008)

[@tmb06]

Ok for starters GM and Chrysler both filed for bankruptcy in 2009, afterwards they were bailed out. I think Boeing should be brought to this point before anyone even considers giving them any money. And then the conditions for receiving that money should come with a total overhaul of upper management and the company. Why pay money to keep poor leadership in place? Second, the government can step in initially, but this pandemic isn't over yet. The airlines and Boeing can only be propped up for so long if this virus situation gets worse over time, Boeing can possibly dissolve. I hope this virus recedes when summer comes, but if it doesn't the last company Id feel sorry for is Boeing

[@gilberts8107]

Hey Coby! i live under the takeoff and landing path in my city and have noticed how quiet the skies have become since the outbreak. I miss the sounds of GEs and RR Trents roaring overhead (I always look up😁) hopefully things will return to normal or whatever the new normal is going to be but 🤞as for now, stay safe Coby and thanks for the excellent content, from Australia.

[@cobyexplanes]

Thanks, stay safe yourself! Just did an Australia trip and got the chance to hang out at Sydney Kingford for a while - A+ plane spotting there

[@Ragnarok927]

The problem with companies being too big to fail and getting bailed out is that it results in businesses feeling like they cant do anything too wrong. It becomes less about a capitalistic meritocracy and more about just picking winners and losers.

[@bruceevennett955]

The 737 max is a 60 year old design.sure it has modern avionics and engines etc but you cant keep refreshing an old model for ever.Bite the bullet and design fresh

[@leroywade5308]

As a mariner enjoying my time in self isolation I have been logging a lot more youtube hours and found this channel. Thank you for keeping us entertained :)

[@cobyexplanes]

Welcome aboard :)

[@JPTBradbury]

Like the vids mate, watching more and more. Cars shown are Honda’s though.. not chev or FCA.

[@cobyexplanes]

Haha good eye!

[@send2gl]

The 737 accidents were tragic, maybe the second one should never have happened. The Air France Airbus A330 accident in 2009 was also an instrument/sensor problem, we hope they never occur but sadly do on occasions. The public need Boeing to survive properly, Airbus without Boeing would hinder progress.

[@cobyexplanes]

completely agree

[@_SP64_]

If Boeing were to go bankrupt it will mean that every airline would have to rely on Airbus and it will probably cause a lot of stress for the company since they have 7,000+ orders for the A320neo alone as well as the orders with their other aircraft.

[@MC-nb6jx]

US Government just order another 10 F22 Raptors... Problem solved😉🤣

[@llew777]

I believe The Raptor is built by Lockheed martin Thank you

[@MC-nb6jx]

rob greene .... It was a joke😉😉 No need to take things so serious it’s KZbin🤦🏻‍♂️🤦🏻‍♂️ Thank you🤣🤣

[@llew777]

Did not mean to insult just thought I would correct With respect thanks

[@MC-nb6jx]

rob greene .... Well done, you corrected a joke🤣🤣 Obviously I don’t make a living with comedy, but I did think with the Raptor being soooo bloody expensive & ordering only 10 & using emojis, it would have given away the fact I was joking?? But I do appreciate your need to correct me😉😉 (That was sarcasm by the way🤣)

[@llew777]

And you do have a point, The last time I checked over 150 million each, and total cost of program 67.8 billion 2010 dollars once again thanks

[@garyhughes9649]

Excellent and very thorough job keep up the good work. I would really like to see your analysis on how Airbus engineers missed or underestimated the operating cost of the A380. It's not very advanced math and the operating cost are fairly consistent other than fuel price fluctuation and fuel has been comparatively inexpensive over the last several years.

[@RS-dd4is]

Airbus already received 10-20 billions of free money from the European governments for the A380 program.

[@JSG003]

Rich S nah they have to pay it back and the governments started to get angry

[@hornbag1]

I got stood dowm as a ground handler for Air NZ and I'm glad I'm not the only person going through this...

[@aerohk]

5:52 isn't the 14B loan came from banks??

[@garyhuntsr71698]

Boeing needs to transform itself into a Starfleet manufacturer

[@RolfDybwad]

737 is a construction from the 50-ties. Leave it alone. The european do this better. 🥊

[@jessicalady2172]

Hi

[@SombraPiloto]

Only because the A320 series is roughly 20 years younger than the 737 which appeared in the 60s.

[@heliodango43]

@@SombraPiloto do not make excuses

[@rodmackenzie1450]

Thanks for genuinely showing concern!

[@chrismckellar9350]

At least he is doing it better than Trump is doing

[@fokthewef]

Now I'm worried that Microsoft might not release the new Flight Simulator 😂😂😂

[@kenoliver8913]

Don't tell me - Microsft has promised buyers that their wonderful hidden software feature - the Microsoft Characteristics Augmentation system - means no one will need extra training to move to the new version ...

[@Ask-a-Rocket-Scientist]

What you are overlooking is that Boeing isn’t executing on ANY program. It’s an across the board engineering incompetence.

[@Transit-Gaming]

If I had more money, I would’ve taken advantage of this time to snatch some really good aviation deals! But great video, though!

[@Haru526]

My quarantine story is mostly just watching "Our" Channel almost All i watched is All Aviation oh by the way im ok here in my house not going outside lately just watching Coby explanes and all of em are cool and fun hope yall doing great

[@rogerrussell9544]

I hope they do, a new owner can't be this clueless. They need new ownership if they ever hope to recover.

[@06ek]

I feel bad. This video got demonetised because coby spoke about corona virus 🦠

[@TheBadmasboi]

8:33 Its Air India a320neo .... Air India Lovers Hit the Like !

[@pianomanhere]

Well done, Coby. Keep up the great work. 👍

[@cobyexplanes]

thanks!

[@corentinmouchel3825]

If boeing go bankrupt, Airbus could be in touble too because of the chines market...

[@ronaldfish1569]

Corentin Mouchel do you really think the United States is going to let Boeing go bankrupt I don’t think so y’all need to grow up

[@yoyoyo3531]

@@ronaldfish1569 my thoughts exactly, has everyone forgot the fed is printing trillions for companies exactly like Boeing.

[@aerohk]

Trouble in meeting demand

[@yengsabio5315]

@@yoyoyo3531 And inflation will say, "Here I come to trouble the day!"

[@earth2006]

you missed what will actually push Boeing over the edge, it's the gigantic bonus checks for upper echelons management, that's what putting pressure on, it would be amazing to find out how much the percentage of their over all budget goes for that.

[@fjlkagudpgo4884]

yes, they can go bankrupt and they will, sometime at least. they were great and now they're not. to hell with 'em. AIRBUS GANG

[@sandeepunni1663]

alpha_хopek 100% agree

[@milkyway370]

yeah they've been scamming nasa for years and the sls rocket is no exception to that. I really don't want humans returning to the moon on technology worse than apollo

[@P1g545]

Thank you for your quality research and explanation

[@Saigon1969]

Boeing will never go bankrupt .

[@beernpizzalover9035]

Quang Tran Never say never!

[@K9TheFirst1]

There is another good historical example: At the turn of the Century, the Cunard Line was in a not dissimilar financial situation. The Germans had stolen the prestigious title of The Largest and Fastest Ocean Liners in the World, and the White Star Line had been bought by JP Morgan, the American Financier. With national pride wounded and major passenger lines getting bought out by foreign companies, the British Government gave Cunard a massive loan in order to build a pair of massive, fast ships. In exchange, these ships would be designed to Admiralty standards with the understanding that they would be requisitioned in the event of war. The result was the Lusitania and Mauretania, both of which took the Blue Ribband, first from Germany, and then passing it between each other. Mauretania herself would hold that title for nearly 30 years. And Cunard not only recovered financially, but was soon able to build Aquitania without Government funds, and the line stayed an independent British company until the end of the Age of Ocean Liners in the early 1970s. So I think Boeing will be fine. They will not only get that loan, but when air traffic bounces back (and it will, once the pandemic is over air travel will resume) they will have by then fixed the 737-Max's issues. They might even be in the works designing something new.

[@Kenjiro5775]

Yes, yes they could. Especially if Boeing continues to make business decisions like those surrounding the 737-Max.

[@reubenmorris487]

The Board of Directors will slowly be replaced if what you believe actually continues.

[@AlexVictorianus]

Coby, could you make a video about McDonnell Douglas' bankrupcy? It is interesting to compare, why it went bankrupt, while Boeing is unlikely to do the same.

[@cobyexplanes]

I'll add it to my list! It's growing quite long haha but this is a good topic

[@4orl2c68]

A lot of Americans seem to be taking this personally 🤔

[@sckuan]

What about Beoing 787? So I don't think that Boeing going to go bankrupt.

[@cobyexplanes]

Boeing was already cutting the 787 monthly production rate ahead of the coronavirus outbreak. While the backlog remained strong, they really weren't seeing many new orders

[@Feynman981]

Scrap that crash-plane!

[@stevedolesch9241]

Other manufacturier companies are also in this situation regarding the virus. Airbus and others.