Although he looks alone, somebody wants him on the phone.
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Wow, you're right on the very edge of totality - just across the river!
We had about 90% coverage, and it's starting to lighten back up.
It's beginning to get noticeably darker outside.
Here is a link to the GOES East satellite sequence:
https://www.star.nesdis.noaa.gov/GOES/conus_band.php?sat=G16&band=GEOCOLOR&length=24
I just took a peek a few minutes ago and in north central Illinois there is a little nick missing from the sun already.
Southwest does pay a dividend. Around 2.5%.
These guys would get fired from a legitimate oil company. The only thing they've ever produced is excuses.
Looking at the pictures, there is no doubt that cowling was left unlatched. You're right, that's a Southwest issue.
https://www.cnbc.com/video/2024/04/08/faa-to-probe-southwest-after-engine-cover-blows-off-boeing-plane.html?&qsearchterm=boeing
Even United admits their recent problems are United's - not Boeing's:
https://www.cnbc.com/video/2024/04/05/united-airlines-calls-off-may-investor-day-following-safety-incidents.html
That's got nothing at all to do with Boeing.
FAA needs to talk to the ground crew that last serviced that engine and the crewmember who performed the preflight walk around.
All the way up to 7 1/2 cents? Only the current crop of insiders that have issued themselves new warrants are able to make money at that level.
Long time, no see!
All of a sudden, I own shares of SOLV! I guess I should have been paying more attention to 3M.
I've had 3M for years and years, just collecting the dividend and probably not paying enough attention to it!
Dave Calhoun and Stan Deal are stepping down. Pre-market seems to like it...
These stories create some really great put writing opportunities!
That really is an excellent post. It's United's Maintenance & Operations that need the scrutiny. Interesting that BA is suffering the share price decline instead of UAL since this latest series of mishaps began. Maybe that shows how smart the pundits aren't?
Did that 737 gear actually collapse in Houston, or did it just sink in the mud when the pilot missed the turn off the runway. That one was straight up pilot error.
And the LATAM "nose diving" being caused by a pilot's seat movement? There are hard stops that are supposed to be in place to limit the range of seat movement, whether the seat is moved electrically or manually. Those stops are often removed during maintenance to facilitate seat removal. Not saying that's what happened, but the first thing I would look at would be the presence (or lack of) those hard seat stops.
The string of incidents this past week reflect on United Airline's maintenance and operations more than they reflect on Boeing.
https://www.msn.com/en-us/travel/news/united-faces-more-emergency-landings-as-flights-suffer-hydraulic-maintenance-issues/ar-BB1jCgn6
It's all explained in the I-box on this board here: https://investorshub.advfn.com/THE-GREAT-AWAKENING-1776-41713
While the headline touts the Boeing order, the order book includes an equal amount of Airbus, and an even larger number of Embraer aircraft:
https://airlinegeeks.com/2024/03/04/american-bets-on-737-max-with-new-order/
"I never play options"
Well, I certainly would never buy an option on the day it's going to expire. But these "0DTE" traders are kind of a brand new phenomenon. Five years ago, out of the money (OTM) options would have almost no value or trading volume the last few days of their existence. But now gamblers (and that's exactly what they are - gamblers) are playing in them big time.
There has even been some talk that the CBOE's volatility index (the VIX) might be becoming obsolete as it is calculated using S&P implied volatility of OTM options around 30 days out. I tool a quick look, and Boeing's first OTM put (the $200 expiring today) has traded at 422 times the volume of the same put expiring April 5th.
That's just nuts.
Writing OTM 0DTE options is like walking down the sidewalk and picking money up off the ground - It ain't a whole lot, but it's easy to make!
I don't think it would be wise to dump BA to buy SPR right now.
The implied volatility in today's expiring BA options went absolutely bananas when that news broke. I sold both puts and calls way out of the money in BA when that news broke, and they all are already at no-bid or have a zero to the right of the decimal.
History repeats itself?
Boeing to buy Spirit Aero back? They originally acquired it as Stearman and then spun it off as Spirit Aero.
Boeing in talks to buy Spirit
While hydrogen does seem like a clean green fuel, the physics don't really support that conclusion.
It takes far more energy to isolate hydrogen than the hydrogen fuel will release when combusted.
Perhaps the board and management might be considered negligent if that kind of development, involving their investors, wasn't pretty high on their list of risk factors in ZNOG's business plan?
That's already been explained on this board:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173090753
But, oh well...
It's beginning to look like the retaining bolts which prevent up/down movement of the door plug weren't just loose, but were never re-installed at all by Boeing after the door was opened during production at the Renton facility. That reflects extremely poorly, not only on line workers, but on required items inspection processes.
And the lapses in the paperwork is a poor reflection on the FAA itself.
https://www.foxbusiness.com/lifestyle/alaska-airlines-plane-may-have-left-boeing-factory-without-bolts-secure-door-plug-report
"Any other insightful information ???"
Why yes, I guess it could also be worth noting these guys are a whole lot better at announcing they've found oil than they are at actually finding oil.
These guys only do two things well:
1) Think up reasons they can't do anything.
and:
2) Dilute their shareholders into oblivion.
An anonymous source claiming to work for Boeing is saying the door was removed and reinstalled by Boeing in Renton:
https://www.seattletimes.com/business/boeing-aerospace/boeing-not-spirit-mis-installed-piece-that-blew-off-alaska-max-9-jet/#:~:text=Passengers%20on%20Flight%201282%20were
You do know the Boogerville health department slapped the IHub office with a violation for not having an: "Employees must wash hands before returning to work" sign posted in the outhouse, don't you?
I thought the same thing when I read that. Oxygen leaks are routine.
I'm thinking the MEL would have had an altitude limitation and so the airplane wouldn't have been able to cross the Atlantic without a "wet footprint" and the rules wouldn't allow a VIP on board a wet footprint flight.
It would be interesting to know the exact nature of the "Critical" failure.
I'm not saying that Boeing, as the certificate holder, doesn't have responsibility for the ultimate airworthiness of the design and manufacture of it's products.
However if the stock of an airplane manufacturer dropped 8% every time a thermal pane failed on a windshield, there wouldn't be any airplane manufacturers making airplanes anywhere in the world.
No one wants to hear that it's "normal" for parts to fail on an aircraft, but actually it is sort of "normal".
Actually, Jetmek is completely correct. That's not an uncommon occurrence.
That window is made by PPG whose shares are down about 1.5% today.
Both Boeing and PPG are opportunities at today's prices.
That door would have been installed on that fuselage by Spirit Aero in Wichita Ks.
This is pure speculation on my part, but it might not be unreasonable that there was some expectation the door would come off prior to the aircraft getting it's final configuration and then re-installed by Boeing in Renton Wa. So there is probably blame to go around.
But in the end, there needs to be a final inspector's stamp/initials on each "Required Items" inspection before that airplane can be delivered into service.
I keep hearing reports of "loose" fasteners. But they're not being very clear about what exactly is going on.
What's the definition of "loose"? Does a tech get on the bolt with a torque wrench and give it a quarter turn before the wrench clicks, or are they finding bolts threaded in barely finger tight?
Yeah, duh! I should have known that. That door and structure would have been built by Spirit Aero.
But I'll still go out of my way to avoid flying on Spirit Airlines!
I can agree with that. That's a good post.
I flew Spirit Airlines once. And once was enough.
It's Abu Dhabi - Two words.
You'll enjoy it even more knowing that the festive logo is courtesy of your InvestorsHub best friend - Paulie Cashews!