Latest Boeing News
"Spirit split up
The Boeing acquisition will mean breaking up Spirit. The supplier’s “major activities” related to Airbus will be bought by the European planemaker for a nominal $1, Airbus said in a statement Monday."
It means that Airbus won't be getting them at a discount from their actual production costs.
The Boeing acquisition will mean breaking up Spirit. The supplier’s “major activities” related to Airbus will be bought by the European planemaker for a nominal $1, Airbus said in a statement Monday."
It means that Airbus won't be getting them at a discount from their actual production costs.
"Spirit split up
The Boeing acquisition will mean breaking up Spirit. The supplier’s “major activities” related to Airbus will be bought by the European planemaker for a nominal $1, Airbus said in a statement Monday."
It means that Airbus won't be getting them at a discount from their actual production costs.
The Boeing acquisition will mean breaking up Spirit. The supplier’s “major activities” related to Airbus will be bought by the European planemaker for a nominal $1, Airbus said in a statement Monday."
It means that Airbus won't be getting them at a discount from their actual production costs.
Another 244 Million $ fine, accepting being Guilty, 3 years probation and external monitoring, according to Seattle Times. 1 week for Boeing to decide if they accept the deal.
The meeting with Families attorneys was only informative, no changes in the proposal.
A judge has to approve. WillowRun, is this a simple yes/no decision, and is the proposal "standard business", if it can be called that in the first place?
The meeting with Families attorneys was only informative, no changes in the proposal.
A judge has to approve. WillowRun, is this a simple yes/no decision, and is the proposal "standard business", if it can be called that in the first place?
Boeing may decide that it would rather take its chances by going to trial. Maybe the admissions in the DPA are a direct straight-line to a conviction; the families of the crash (crime) victims have so argued in the recent letter to the DOJ arguing for a 24.78 billion dollar penalty.
Baaed on even just the terms of any resolution relating to "the monitor", this shouldn't be thought of as a standard proposal. But I'll pick up your implication- this is an exceptionally unusual matter, in total.
On a related point, I will respectfully disagree that the questionable habits (I'm not familiar with problems involving representation of Lion Air crash victims) of plaintiffs' attorneys in air crash litigation can be compared to the practices of attorneys in corporate or other transactions. There is an inherent dramatic-scene sense of things at a large closing (despite working in a litigation practice area I have worked on a few deals). But the "I call shotgun" courtroom scene as a venue of action is a different level of . . . with apologies to the estate of the late Paul Newman, "The Verdict" (1982, directed by Sidney Lumet and written by David Mamet) - there's just something about the courtroom to which closing documents and dramas do not match up.
Not stranded just "detained"
Oh well I guess most people would prefer a longer stay in space anyway
https://www.engadget.com/nasa-and-bo...154407704.html
Oh well I guess most people would prefer a longer stay in space anyway
https://www.engadget.com/nasa-and-bo...154407704.html
Do you suppose they have thoughts about leaving a faucet running or an iron maybe being plugged in? I need to look at the ISS over-pass schedule to find when I can watch their tiny home go orbiting by.
It's being reported that the portion of Spirit that was supplying Airbus was losing huge money (parts - presumably composites - for the A350 and A220).
Assuming the reports are true, Airbus is accepting a mess, but figure is better than having it split off and going belly up - effectively shutting down A220 and A350 production.
Assuming the reports are true, Airbus is accepting a mess, but figure is better than having it split off and going belly up - effectively shutting down A220 and A350 production.
It's being reported that the portion of Spirit that was supplying Airbus was losing huge money (parts - presumably composites - for the A350 and A220).
Assuming the reports are true, Airbus is accepting a mess, but figure is better than having it split off and going belly up - effectively shutting down A220 and A350 production.
Assuming the reports are true, Airbus is accepting a mess, but figure is better than having it split off and going belly up - effectively shutting down A220 and A350 production.
Ok, this is not an Airbus thread. But it's a common decease across the industries to source out and make it the suppliers problem. Remember 787 outsourcing. My opinion. Welcome to read different PoV's
I ask myself (or yo guys) - did Airbus outsource the risk and save some big bucks on the suppliers expense? Well, then they now earn the mess. Now they can search for a sustainable way to get things right.
Ok, this is not an Airbus thread. But it's a common decease across the industries to source out and make it the suppliers problem. Remember 787 outsourcing. My opinion. Welcome to read different PoV's
Ok, this is not an Airbus thread. But it's a common decease across the industries to source out and make it the suppliers problem. Remember 787 outsourcing. My opinion. Welcome to read different PoV's
Where everything went south on the 787 is that they outsourced even those core competencies - including the wings and engine nacelle/strut - thinking that all that was important was integrating the finished product. It didn't go well...
In the case of Airbus, remember the A220 wasn't an Airbus aircraft (they took it over from Bombardier when Bombardier ran out of money). Not sure about the A350, but I think Spirit bought the supplier that was making the A350 parts.
Maybe I take issue in disruptive, reckless bursts of outsourcing, where profit is the only worry and everything else is left for coincidence.
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Spirit had/has some rather unprofitable contracts with Airbus. The risk they outsourced was financial, basically. Part of the reason Airbus is getting a BIG $$$ payoff is to get them to accept that the future costs to them will now be higher, as they won't have Spirit absorbing the losses. Basically, Spirit has to buy themselves out of the contracts with Airbus.
Spirit had/has some rather unprofitable contracts with Airbus. The risk they outsourced was financial, basically. Part of the reason Airbus is getting a BIG $$$ payoff is to get them to accept that the future costs to them will now be higher, as they won't have Spirit absorbing the losses. Basically, Spirit has to buy themselves out of the contracts with Airbus.
Amazing how a more than half billion dollar give away to your only competitor so they can make more airplanes is considered a good news story….
Not to worry though as this means Boeing executives will get a nice bump in their bonuses as their strategic redeployment of resources will create production synergies that will optimize shareholder value going forward …….
