737 max update...
#81
Gets Weekends Off
Joined: May 2009
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Farming out all the software development to India seems to be working well, $9 an hour seemed like a bargain at the time.
https://www.bloomberg.com/news/artic...hour-engineers
https://www.bloomberg.com/news/artic...hour-engineers
#82
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Joined: Jun 2019
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https://www.cnbc.com/2020/01/20/737-...n-or-more.html
Well this doesn’t sound good for a company that was formerly printing money, returning a ton via dividends, and buying back billions in stock.
Well this doesn’t sound good for a company that was formerly printing money, returning a ton via dividends, and buying back billions in stock.
#83
On Reserve
Joined: Jul 2015
Posts: 63
Likes: 0
https://www.cnbc.com/2020/01/20/737-...n-or-more.html
Well this doesn’t sound good for a company that was formerly printing money, returning a ton via dividends, and buying back billions in stock.
Well this doesn’t sound good for a company that was formerly printing money, returning a ton via dividends, and buying back billions in stock.
They aren’t getting paid until they deliver the aircraft so having something like 400 airplanes sitting around they haven’t been paid for they are just setting up funds in case they’d like to draw on them as the time to set up that kind of resource is not at the moment you want it. Also, even if they have that cash already available they may prefer to draw it from lending resources than spend every liquid dollar they have.
#85
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Joined: Feb 2011
Posts: 1,629
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From: 756 Left Side
And an article about the fact that Boeing hasn't filed the WARN paperwork so they are not planing furloughs.. YET.
But Spirit Aerospace has, and they say there are numerous smaller companies that will have to lay off too.
What a mess.
FS, FP & FtC
Motch
#86
Saw that too...
And an article about the fact that Boeing hasn't filed the WARN paperwork so they are not planing furloughs.. YET.
But Spirit Aerospace has, and they say there are numerous smaller companies that will have to lay off too.
What a mess.
FS, FP & FtC
Motch
And an article about the fact that Boeing hasn't filed the WARN paperwork so they are not planing furloughs.. YET.
But Spirit Aerospace has, and they say there are numerous smaller companies that will have to lay off too.
What a mess.
FS, FP & FtC
Motch
#87
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Joined: Mar 2018
Posts: 1,358
Likes: 0
#88
Gets Weekends Off
Joined: Mar 2006
Posts: 1,112
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From: SFO Guppy CA
This is just the next advise time, just like we do when an airplane is on maintenance. Which means that if all the moons and stars align, essentially best case scenario. I look for it to be pushed back again.
#89
Gets Weekends Off
Joined: Aug 2013
Posts: 2,159
Likes: 1
I wonder if our pilots will sue like the SWA pilots did for damages? Clearly, the 737 pilot community has been economically effected.
#90
Banned
Joined: Dec 2009
Posts: 3,655
Likes: 0
From: Narrow/Left Wide/Right
Well in that vein...maybe the extra scheduling of the A320 pilots has been a windfall, perhaps they should share with their suffering 737 peers.....
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