Major Boeing News

Boeing has formally announced the purchase of Spirit AeroSystems for a combined USD 8.3 billion, including debt to improve safety and quality.
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[@robmurphy6289]

Makes sense, control every aspect of the manufacturing process and then there’s no one to blame for errors.

[@user-yc2oz8kc5k]

Yes, that is how it was at first. Good comment.

[@TheChiefEng]

It does not matter if Boeing cannot create a work atmosphere of excellence, trust and quality. Many people forget that some of the worst issues were created by Boeing itself. Spirit also had problems of course, but people should definitely not believe that taking over Spirit will solve all the problems at Boeing. The problems at Boeing are numerous. Boeing need to stop focusing on shareholders and stock value. Until all the problems have been rectified, any focus on shareholders and stocks will only make things worse. Boeing management also needs to regain the trust of their employees and that will only happen if Boeing stop their childish behavior against whistleblowers. Finally, Boeing need to regain the trust of passengers worldwide and that may prove impossible. I for one will never fly with a 737 MAX. I will pay anything to fly an Airbus airplane instead and for international flights, I will check all possibilities and always select a route where I can fly Airbus airplanes. I don't trust Boeing whatsoever and that will never change unless several Boeing people are being sent to jail for the murder of 346 innocent passengers and crew. Unless that becomes reality, I will not fly on board a Boeing airplane.

[@CR7_dagoat]

@@TheChiefEng what about the 777 and Dreamliners?

[@Planespotter45]

People to blame for the Boeing fuselage quality issues being acquired by the people to blame for the 737 max crisis What could go wrong

[@kkrsnn5632]

Spirit Systems gone. Boeing carry on.

[@user-yc2oz8kc5k]

It originally was the Boeing fuselage building dept. before getting sold off by greedy people. They have built the Boeing fuselages for all their planes for years. They also build fuselages for Airbus.

[@nhall00195]

Only the board is to blame…

[@trevorhart545]

@@nhall00195 AND the FAA.

[@Planespotter45]

@@nhall00195 I know, the board don’t give one about safety and just want the 💵

[@Spinattitude]

I work for a major aerospace company and while this is a good move, it won't automatically fix the systemic quality control escapes. Boeing still has a lot of work to do.

[@dgortner]

Boeing used to own Spirit and spun it off years ago.

[@nickolliver3021]

Which we all know

[@Anti-socialSocialClub]

If the problem was Spirit , then why doesn't Airbus have similar problems seing as Spirit was making fuselages for then too ?

[@user-yt198]

"Airbus will be compensated for agreeing to take on the work by a payment of $559 million from Spirit, while it will pay a nominal sum of $1 for the assets, depending on the final outline of the deal, it said in a statement." [Reuters] I couldn't believe this when I first heard a few days ago, but apparently Mentour Pilot was right. @DJ, why do you give only half of the story?

[@12345anton6789]

Shows how important this deal is for Boeing, they more or less pays Airbus money for not taking this merger to the European competition regulators which can make much problems since the involved factories are in Europe and therefore out of reach for US regulators

[@orange8067]

The relief, hopefully this will improve MAX quality

[@Arclite02]

Only if there's enough extra profit to be made.

[@orange8067]

@Arclite02 it has nothing to do with profit, boeing will be fully in control of the MAX production, whether they make money or not.

[@Arclite02]

@@orange8067 it has EVERYTHING to do with profit. Boeing is entirely willing to kill people for a bigger profit margin. This is only being done to keep their profit sources happy.

[@Plen3716]

At least Airbus and its employees won’t have to deal with Spirit anymore. Airbus will basically be putting together the main parts of its aircraft in their own factories now, which is good. But it’s definitely a good decision by Boeing and I hope that all goes well (but I’m skeptical).

[@rickhammer1905]

Yes, this needs to happen.

[@747forever9]

Thanks again Dj!!

[@carolscott6644]

It takes integrity and commitment to safety from the top down, not just more manufacturing plants...Al Scott

[@cistym]

Makes sense. Now Boeing can better coordinate covering up any quality escapes without having to leave the "house" they built.

[@forgetittube5882]

Just About time. Would they take the chance and spin off all McDonald & Douglas “leadership”… and we would be back to have a great company: Boeing.

[@supremesfan2]

When it comes to aircraft building, in my opinion none of it should be outsourced to make sure the quality and safety in at the top.

[@hungo7720]

Boeing has to fortify and consolidate manufacturing processes for the sake of safety. Such amalgation is crucial to meet such goal.

[@Ashton89YT]

Love the videos

[@codyslade5558]

When it comes to Boeing, I have learned to expect the worst. There has been so much happening with the company and it's airplanes that I haven't a positive thing to say after being super loyal for so many years. The buying back of Spirit is a start I suppose. What next I ask?

[@EASsirenVids01]

Despite everything that’s been happening, I think this is the start of a bright future for Boeing. I’m not sure why, I just have a gut feeling.

[@user-yc2oz8kc5k]

It is a great step forward. Now they only need to stop that "more with less" mentality and hope things will work out for B.

[@johndwilson6111]

It will be very interesting to see how this reintegration pans out. Is it a ruse or a genuine attempt to clean up the Boeing act.

[@dgk42]

I think this makes a lot of sense. As long as Boeing works very hard to make sure it gets back on track to avoid any future errors, and recover from past problems.

[@JayMarsh7]

I'd say this is a positive change. I'm glad that this gives Airbus the opportunity to distance themselves from Spirit and hopefully take ownership more of their production line.

[@kenwhitfield219]

But, will it allow for the necessary management changes needed to return Boeing to a product quality focus and away from a profit focus?

[@SnowmanTF2]

Given how many issues seemed to be secondary effects from Boeing management decisions, it seems questionable how much could improve anything. Plus even if QA problems came from Spirit, that is still something they should have been looking out for when Boeing management decided to spin them off in the first place. Which there should have been plenty of leverage to get QA via contracting process in the window they were a supplier largely dependent on them, unless just was not willing to spend the money to do things properly, which with Boeing seems far more likely in recent decades.

[@richardcuevas2501]

Thanks

[@mgsegoo1124]

Boeing has always done such great aircraft that i only hope the best for them. Like we say in Spain "El jamón serrano y el avión americano!"

[@RealSaulGoodman78]

The 737 Max looks amazing ( no jokes I heard about it way to much)

[@darkpepsi]

It took 19 years later after Boeing first divested the Wichita, Kansas, U.S. plant in order to pursuit of increased return of net assets. The reason why in part was from former CEO Harry Stonecipher, who if you are history buffs he came from McDonnell Douglas. I mean there is more history of that assembly building than what I had described in the previous sentence of course.

[@erauprcwa]

I mean it makes sense. Less hands to transfer the product. Outsourcing is horrible.

[@melbournechugging2999]

Boeing should stop for the rest of the year get rid of everyone that Calhoun hired And start from scratch. If Boeing continues with no change hope they go bankrupt

[@ezaxis]

I wonder ho the person who forgot to install those door bolts is mentally affected by the shockwaves of what they set in motion.

[@alaindrolet8491]

I do believe is a step in the right direction. Because it can be worts.

[@Turboy65]

I'm guessing Boeing's beancounters were getting concerned about the possibility of Spirit doing something stupid like hiring more quality assurance inspectors or requiring more worker training or something ridiculous like that.

[@paulg2132]

They should recruit Gwyn Shotwell from SpaceX

[@EinChris75]

Why not Sheryl Sandberg from Meta?

[@GLSAIL27]

Damn taking stock in an acquisition sucks, double when it’s Boeing

[@buckshot6481]

Boeing should have its own channel don't you think ?

[@thatonerandomkid-r2n]

uh, it does

[@YoyoZee]

only opinion is that its 4.7billion USD not USD 4.7billion

[@jackelofnar]

I do wonder if this means the spirit CEO will become Boeing's new CEO now as he has always been the favourite

[@michaelogden5958]

Seems like an incredible gamble. But they did, in effect, throw Spirit under the bus.

[@hwaiskywind5624]

should be done years ago. good job Boeing

[@jantjarks7946]

It should have never been done in the first place. That means the outsourcing back then. It was complete nonsense.

[@user-nu1sq2fz8s]

Too late I think

[@ricky1231]

@hwaiskywind5624 If Boeing has any foresight it should bring back as much as the 787 manufacturing in house especially fuselage components as much as possible its maybe a bit difficult now but will really pay dividend in the end. Manufacturing a modern plane is different from assembling an I phone.

[@nickolliver3021]

​of course u would say that

[@12345anton6789]

@@ricky1231Boeing has not the capacity and money to do so, 50% of the 787 is made outside the US

[@aaltvandenham]

So Boeing changes their overvalued shares for Spirit shares equally pumped up. It is a zero sum merger indeed. That will fix all technical problems?.... 🤔

[@zachv1942]

So there is now a monopoly. Sure it wont lead to higher prices per aircraft.

[@SnowmanTF2]

This was part of Boeing they spun off like 20 years ago, while they have picked up some subcontracting to other major manufactures over time, even today like 80% of work they are contracted to do is still with Boeing.

[@sanandaallsgood673]

Is there another direction that these companies CAN move? lol. The old adage of 'Nowhere to go but up,' looms large for them.

[@stevenlemieux7220]

OMG you finally said something nice about Boeing. Let me give you a like. Please follow up what is Airbus going to do ? I hope it is the beginning of perhaps a joint program or something towards friendly compotition.

[@12345anton6789]

Airbus is buying the Spirit factories that produce Airbus parts for the symbolic sum of 1 usd, and Boeing compensates Airbus by paying them 559 million usd for doing so

[@AlfCalson]

✈️

[@trainman9119]

Wonder who AirBus will now go to for parts?

[@jantjarks7946]

That most likely will be sold to Airbus. Question is under which terms, as Airbus already requested compensation for taking over parts.

[@gerhardma4297]

Airbus receives the part from Spirit, which produces its parts, for the symbolic price of one dollar. Both manufacturers are therefore satisfied.

[@12345anton6789]

According to the Gardian, Airbus will take over all the Spirit factories in Northern Ireland and Boeing will pay Airbus USD 559 million for doing so

[@Dvane816]

What does this mean for Airbus is my immediate thought 😕……

[@daveberryman5946]

Is now a good time, to buy, or sell my, Boeing shares?

[@justinfreeman3078]

Boeing acquired Shanahan for the next CEO. My bet.

[@cookiebuilder7945]

Hello

[@warren3967]

HI

[@ncbball99]

yup the damn 737 max better not be in the news anymore....hopefully!!!!

[@EinChris75]

How many years the next-next CEO will sell them to crate an "agile and lean" company, because that is what CEOs will do at that time?

[@douglaslandry7740]

Why is a manufacturer buying an airline if I was another airline I would be not buying from because they’re going to be my competitor. Why would I buy especially in the US? Is business plan doesn’t make any sense. It’s gonna piss off some other airlines and then the long I think bowling will lose more business.

[@rfalconator7896]

RIP A220

[@sainnt]

Why does the Spirit CEO still have his job?

[@richardcuevas2501]

They put a new one real quick

[@daveberryman5946]

Just nonsense. Two bads >< a good... Oh mathematically... Ohhhh great thinking... (Spoiler - not great thinking. Explain your own joke = not funny. Sorry. However, consistently great vids. Cheers and thank you.

[@tomtom1313]

Great move by Boeing, love it!!

[@pauldavis1943]

Is there any risk that this will be blocked by the feds as monopolistic?

[@elliotwizerd]

I am not sure that EU is going to accept it?

[@adamclabaugh1945]

Does the EU have the authority to deny the deal?

[@elliotwizerd]

@@adamclabaugh1945 yeah they can. Plus it dose have a impact on EU market beacuse of Airbus an European Company

[@TacticaLLR]

⁠@@elliotwizerdNo they don’t, and why would they block it?

[@jantjarks7946]

EASA could say no and Boeing wouldn't be able to sell planes within Europe then. But I don't see any reason for it.

[@Tim_Nilsson]

@@TacticaLLR The EU, UK, China etc could all block it as some kind of anti competitive behaviour just as they could've blocked the Microsoft deal buying Activision Blizzard. It is however highly unlikely.

[@dewyakana1543]

Built On Every Investors Neverending GREED.

[@thailandrose2603]

And if you believe Boeing is changing to put Safety and Quality first, and not put profits and shareholder dividends ahead, then I have a really beautiful tower in Paris to sell you.

[@warren3967]

How much for the tower? Would look good in the back garden

[@dewyakana1543]

Never going on a modern Boeing.

[@GaZaY0UTHchris]

but the problem was never spirit, it was Boeing's own Q/C. anyone who thinks this is a "right step" for boeing, clearly falling for the facade that boeing is trying to focus on safety when they really still only care about saving its reputaion and maximizing profits. this means nothing if they still dont take the time to make sure things are put together properly

[@iancarr8682]

Two basket cases into one!

[@sweetlotus9498]

Boeing will never do a good job now. Just before McD

[@user-nu1sq2fz8s]

Quality is going down because of MONEY

[@janwitts2688]

Boeing stock lol.. so sell immediately

[@bobdevreeze4741]

I removed Boeing from my portfolio the day of the first Max crash... My gut told me there was more than met the eye. It was certainly right.

[@jonatassantos2147]

Airbus and Comac are better than boeing

[@mgsegoo1124]

😂😂

[@deniermurch8693]

Now is the time for Spirit to go downhill to join Boeing. (satire)

[@michaelkaufman9625]

single-aisle planes SUCK for any flight over 2 hours...

[@richardbriansmith8562]

Awesome Video Dj's Aviation i would hope that can move forward from all the bad issues that have been popping up.🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂