AIR COGITATIO
Cogitatio14 – Boeing 2019 Numbers – Bad to Worse
Today’s quick estimate is about Boeing end of year production and delivery outlook.
Boeing numbers will, obviously, be greatly affected by the 737MAX.
AIR COGITATIO
Cogitatio13 – NMA by any other name?
It is undeniable that Boeing is facing its most serious crisis since its creation. While we have not yet elevated the current MAX and 777X issues into the “existential” category, any grounding of the 737MAX extending into the 3rd quarter of 2020 will certainly warrant reexamination of our opinion.
While we are preparing a new note on the issue of China and Boeing, we felt it appropriate to interject on the issue of NMA. While we have remained generally positive about the design and potential time to market, the MAX crisis has uncovered visible cracks in the timeline…
AIR ANALYST NOTES
Cogitation13: Mini Tremor
We are not referring to the 4.8 earthquake that jolted the greater Seattle area last night, but rather to the small but significant shake up at the Boeing company that was announced by Kevin McAllister to employees yesterday.
What to make of it?
Eric Lindblad’s retirement: not much to say other than the official story. His retirement was over a year in the making; he was brought into the 737 program to
AIR COGITATIO
Cogitatio12: Is the Pacific Northwest Business Culture Partly Responsible for Boeing’s Problems?
The fundamental question can be summarized as such: Have “Heritage Boeing” and the Pacific Northwest (PNW) business culture been the source of unnecessarily complicated processes and delays within the company that ultimately lead to poor decisions and internal conflict, or did the Chicago breakaway play a more significant role? The answers are clearly “may be” in both cases, the documented PNW insular…
AIR COGITATIO
Cogitatio11: Information Warfare
There has been a flurry of well orchestrated articles over the past few weeks denouncing Boeing ‘s business decisions and practices (this one and that one are two prime examples). This is a direct result of the MAX crisis, with the mainstream media in particular growing increasingly interested in the story, mostly because the controversy factor is having significant traction with the public and thus cannot be ignored.Regardless, we find the timing of the stories most interesting, and we generally believe it to also be an…
AIR COGITATIO
Cogitatio10: Could COMAC or AVIC be Blacklisted by the US Administration Now or in the Future?
The more we read about the escalating tensions between the United States, the People’s Republic of China, and the rest of the world, the more we begin to wonder about the next level of unilateral action that could be taken by any of the participating actors…
AIR COGITATIO
Cogitatio9 – Parker buys Lord, more to come…
A perfect white swan, we knew this was a distinct possible scenario and it has indeed materialized.The Parker planned acquisition of Lord is the latest in a series of consolidation that has been characterizing the aerospace industry ever since the change of production pace and supplier strategies at Airbus, Boeing and other OEMs.
AIR COGITATIO
Cogitatio8 – Turkish Options: Not So Delightful
In the dispute that currently opposes Turkey to the United States with the possible acquisition of S-400 (C-400 Триумф) from Russia, the options available to Turkey to remedy to the operational and industrial impact of leaving the F-35 program could appear plentiful, but are they? For Turkey, this is about making choices at several different levels: geopolitical, operational, industrial and thus could lead to a reset and repositioning of the country’s role inside or outside of the NATO alliance.
AIR COGITATIO
Cogitatio7 – Boeing Q1 Results’ Red Flags
Boeing’s results are out and these were particularly interesting due to the current crisis facing the commercial division’s best seller 737MAX aircraft.Issue 1: Securing regulatory approval for the MCAS software fix will be a test of a) Boeing’s processes and b) international certification requirements. b) will not go smoothly because of
AIR COGITATIO
Cogitatio6 – Enders Game (Over)
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AIR COGITATIO
Cogitatio5 – Lessons
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Cogitatio3: Qatar Says No
Akbar Al Baker is not one to mince his words and his candor has at times been a source of controversy for some.Qatar Airways financial results are in, and for the second year in a row, the airline is reporting a loss, largely attributable to the airspace ban experienced by the airline.
AIR COGITATIO
Cogitatio2: Vertical Lift Doldrums
We have been attending HeliExpo in Atlanta, and the generally depressed sentiment that has been characterizing the market for a few years, and thus the show, appears to be persisting.
There are definite and palpable worries surrounding the leasing market…
AIR COGITATIO
Cogitatio1: Tanker Concerns Go Deeper
Boeing KC-46 deliveries have been suspended by the USAF customer following discovery of multiple instances of loose tools and debris on newly delivered KC-46s.
Multiple factors can contribute to such events. In our opinion, key issues can range from traveled work, to delays, to rushing production to meet deadline(s); all of these issues have indeed been…
