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Barron\'s Boeing Might Cancel the 737 MAX 10. That\'s More Uncertainty for Shares.
https://www.marketwatch.com/articles/boeing-737-max-10-dave-calhoun-51657397521?mod=mw_latestnews
In a recent interview with trade publication Aviation Week, Calhoun hinted that the the longest version of Boeingâs 737 MAXâthe MAX 10âmight be have to be canceled and dropped from its production lineup.
âWe end up having to face right into that question,â Calhoun told the outlet. âIf you go through the things weâve been through, the debts that weâve had to accumulate, our ability to respond, or willingness to see things through even a world without the -10 is not that threatening.â
The MAX 10 is larger and has bigger landing gear than the other MAX planes currently flying, but Boeing (ticker: BA) is concerned about something else: The company needs Congress to extend a deadline that would require changes to the MAX 10 flight deck. If the extension doesnât happen, the commonality of all MAX jet types will be at risk.
A loss of commonality among MAX types could be a headache for airlines. If pilots flying MAX models face different flight decks or need new training for jet types, airlines might face staffing issues and have to increase training spend.
âWe believe that commonality is one of the key safety features of our family of the 737 airplane,â Mike Fleming, Boeingâs senior vice president of 737 MAX Return to Service, Commercial Customer Support and Commercial Derivative Programs, told reporters in a Seattle media briefing recently.
Fleming sounded confident things would work themselves outâbut a MAX 10 cancelation would would leave Boeing without a plane rivaling Airbus â (AIR.France) popular A321 NEO model.
âAs we have said, we are working transparently with the [Federal Aviation Administration] to provide the information they need, and are committed to meeting their expectations and those of our customers to certify and deliver the 737-10,â a Boeing spokeswoman told Barronâs. âSafety remains the driving factor in this effort.â
Melius research analyst Robert Spingarn noted the interview and potential cancelation in a Friday night report which highlighted his âchart of the week.â Springarn showed that Boeing has amassed 639 orders for the MAX 10 so far
Boeing MAX MCAS is faulty by design and should have been cancelled 10 years ago to save the lifes of 1,000 passengers ( 3 deadly crashes)
All Times Eastern
4:12p
Barron\'s Boeing Might Cancel the 737 MAX 10. That\'s More Uncertainty for Shares.
https://www.marketwatch.com/articles/boeing-737-max-10-dave-calhoun-51657397521?mod=mw_latestnews
In a recent interview with trade publication Aviation Week, Calhoun hinted that the the longest version of Boeingâs 737 MAXâthe MAX 10âmight be have to be canceled and dropped from its production lineup.
âWe end up having to face right into that question,â Calhoun told the outlet. âIf you go through the things weâve been through, the debts that weâve had to accumulate, our ability to respond, or willingness to see things through even a world without the -10 is not that threatening.â
The MAX 10 is larger and has bigger landing gear than the other MAX planes currently flying, but Boeing (ticker: BA) is concerned about something else: The company needs Congress to extend a deadline that would require changes to the MAX 10 flight deck. If the extension doesnât happen, the commonality of all MAX jet types will be at risk.
A loss of commonality among MAX types could be a headache for airlines. If pilots flying MAX models face different flight decks or need new training for jet types, airlines might face staffing issues and have to increase training spend.
âWe believe that commonality is one of the key safety features of our family of the 737 airplane,â Mike Fleming, Boeingâs senior vice president of 737 MAX Return to Service, Commercial Customer Support and Commercial Derivative Programs, told reporters in a Seattle media briefing recently.
Fleming sounded confident things would work themselves outâbut a MAX 10 cancelation would would leave Boeing without a plane rivaling Airbus â (AIR.France) popular A321 NEO model.
âAs we have said, we are working transparently with the [Federal Aviation Administration] to provide the information they need, and are committed to meeting their expectations and those of our customers to certify and deliver the 737-10,â a Boeing spokeswoman told Barronâs. âSafety remains the driving factor in this effort.â
Melius research analyst Robert Spingarn noted the interview and potential cancelation in a Friday night report which highlighted his âchart of the week.â Springarn showed that Boeing has amassed 639 orders for the MAX 10 so far
Boeing MAX MCAS is faulty by design and should have been cancelled 10 years ago to save the lifes of 1,000 passengers ( 3 deadly crashes)