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You know who we haven't discussed on this show in a while? The Boeing company. They're the 2nd biggest private employer in this state. It’s good we haven't talked about ’em because when we do, it's usually bad news.The fatal crashes a few years ago, the door panel blowing out last year, the machinist strike. The US Senate held a whistleblower hearing and the title was “Examining Boeing’s Broken Safety Culture: Firsthand Accounts.” - Not a great sign. So how is Boeing doing now? Well, the stock price is up 20% this year, Qatar Airlines is buying 210 new jets, and Boeing might not face criminal charges after all for those fatal crashes - something the victims’ families are angry about. Let’s catch up on Boeing... GUESTS: Lauren Rosenblatt, Seattle Times business reporter covering Boeing Richard Aboulafia, managing director of AeroDynamic Advisory RELATED LINKS: Federal prosecutors confirm they may drop Boeing criminal charge MAX crash families say DOJ is handing Boeing ‘get out of jail free’ card Boeing supplier Spirit AeroSystems furloughs workers on 737 program Boeing nears Spirit AeroSystems takeover after move by Airbus Boeing is nearly back on its feet — just in time for Trump trade war hit Boeing sets new values after ‘brutal’ employee feedback Thank you to the supporters of KUOW, you help make this show possible! If you want to help out, go to kuow.org/donate/soundsidenotes Soundside is a production of KUOW in Seattle, a proud member of the NPR Network.See omnystudio.com/listener for privacy information.
Breaking business news making waves this morning. An announcement that is great news for Boeing and Spirit AeroSystems. We get the latest from Wichita Business Journal Editor Kirk Seminoff.
Hour 1 - The exact number is unknown, and the layoffs are ongoing, but at least hundreds are already affected in Wichita.
On this week's Defense & Aerospace Report Business Roundtable, sponsored by Bell, Dr. “Rocket” Ron Epstein of Bank of America Securities, Sash Tusa of the independent equity research firm Agency Partners, and Richard Aboulafia of the AeroDynamic advisory consultancy join host Vago Muradian to discuss another up week on Wall Street allowed investors recoup losses since President Trump's unprecedented tariffs, but strategists warn conditions for sustained growth don't exist; the administration proposed “skinny budget” to boost defense spending by 13 percent to $1 trillion; China's openness to tariff talks as Britain's Chancellor Rachel Reeves calls on Washington to make a deal; frustrated Boeing's delays on new Air Force Ones, Trump asks L3Harris to convert a former Qatari royal family 747-8 as an interim measure; Washington approves a $350 million deal with Ukraine for F-16 maintenance and training as the CIA's former director of operations Ralph Goff says that the Biden administration gave Ukraine enough weapons not to lose but not enough to win against Russia; Airbus, AeroCap, Albany International, Bombardier, Crane, Garmin, HEICO, HII, Howmet, Leonardo DRS, and Rolls-Royce report earnings; Boeing's decision to sell its Jeppeson unit to Thoma Bravo and what it means for the commercial airplane giant's acquisition of Spirit AeroSystems; and a $3.5 billion missile sale to Saudi Arabia as the president prepares to visit Riyadh, Qatar and the UAE.
The UK Digital Twin Centre has officially opened in Belfast, marking a major milestone in the UK's digital innovation landscape. Delivered by Digital Catapult and funded by the Belfast Region City Deal and Innovate UK, the project is set to drive the next wave of industrial transformation by accelerating the adoption of digital twin technology across the UK's critical sectors, projected to reach £62million in GVA for the economy over the next decade. A Digital Twin is a dynamic virtual representation ('twin') of a physical asset, process, or system, bridging the physical and digital worlds. They turn data into real-time insights that can optimise performance, reduce costs, and predict outcomes before they happen. Since funding for the project was announced, Digital Catapult has brought together industry and innovators to identify adoption barriers and strategic interventions. At the Centre's opening, the project's co-investing industry partners - Artemis Technologies, Spirit AeroSystems, and Thales UK - utilised the cutting-edge facilities, including the 360-degree immersive space and advanced technology lab, to demonstrate how digital twins are helping to solve complex operational challenges. These early-stage use cases emphasise the power of cross-sector collaboration to create scalable, practical solutions while building expertise that can be shared across industries, ultimately improving product design, building supply chain resilience, and decarbonising operations. Programmes delivered by the UK Digital Twin Centre will help businesses across the UK to demystify, demonstrate, and deploy digital twins. With expert support, test environments and tools to experiment and validate, combined with shared learnings from industry use cases, it offers a practical route to adoption. The Centre has convened capabilities across digital twins six enabling technology areas - intelligence, data services, immersive and UX, cyber-physical systems, integration, and security - to make this emerging technology more accessible and interoperable across sectors and suppliers. "The UK Digital Twin Centre marks a major step for Belfast, driving innovation in high-growth sectors like advanced manufacturing," said the Lord Mayor of Belfast, Councillor Micky Murray. "Through the Belfast Region City Deal and with Digital Catapult's UK-wide reach, we're connecting our SMEs to a powerful network, unlocking access to new markets, collaboration opportunities, and cutting-edge technologies. This will boost local businesses, create high-skilled jobs, and drive real economic impact for the region." The Centre's first six-month Accelerator Programme, now open for pre-application expressions of interest, will support partnerships between tech SMEs and industry to fast-track digital twin adoption in maritime, aerospace, and defence. Alongside Innovate UK funding, participants will also gain access to mentorship, workshops, and specialist support to develop proofs of concept for enabling technologies - such as IoT, data integration, and simulation tools - bringing their solutions closer to real-world deployment. "The UK Digital Twin Centre brings together our technical expertise, facilities, and networks to unlock the power of deep technologies,' said Susan Bowen, CEO of Digital Catapult. "By connecting industries with cutting-edge technology through our programmes, we are enabling businesses to harness the full potential of digital twins-driving operational efficiencies, advancing sustainability, and sharpening the competitive edge of UK businesses." Dean Cook, Executive Director for Place and Global?at Innovate UK, added, "Seeing real-world use cases coming to life at the UK Digital Twin Centre is a powerful demonstration of how digital twins can deliver tangible advances for UK industry. These cutting-edge tools will solve complex business challenges in aerospace, maritime, and defence. "It's a testament to how we are leveraging the strengths of local inno...
A report from the Seattle Aerospace Bash, Boeing's strategic divestments, Avelo Airlines' controversial charter flights, Electra's innovative aircraft technology, Lockheed Martin's future fighter jet developments, and Boeing's reacquisition of Spirit AeroSystems. Seattle Aerospace Bash The Seattle Aerospace Bash (Formerly BBQ) was held April 5th, 2025, at the Museum of Flight View Room, in Seattle, Washington. Aerospace enthusiasts and geeks gathered to celebrate the year ahead in aviation and space. In addition to food, activities included an aerospace swap meet, a sticker/freebie table, Isaac Alexander's aerospace trivia contest, and an aerospace raffle with various prizes. Isaac Alexander and participants at the Seattle Aerospace Bash. Brian Coleman spoke with organizer Isaac Alexander about the Seattle Aerospace Bash. Isaac is known as Jet City Star on many social media platforms, and he's the Chief Content Officer at the Hype Aerospace Insights service. Brian also had a conversation with Brian Wiklem about aerospace memorabilia and the aviation documentaries he produces as a hobby. Find avgeektv on YouTube and at avgeektv.com. Freebies at the Seattle Aerospace Bash. Aviation News Boeing to Sell Portions of Digital Aviation Solutions to Thoma Bravo for $10.55 Billion Boeing has entered into a definitive agreement with software investment firm Thoma Bravo to sell portions of its Digital Aviation Solutions business. The all-cash transaction is valued at $10.55 billion. Thoma Bravo would acquire the assets of Jeppesen, ForeFlight, AerData, and OzRunways. Jeppesen provides flight planning tools, and navigation charts. It was acquired by Boeing in 2000. ForeFlight offers an electronic flight bag and was acquired in 2019. AerData specializes in lease management, engine fleet planning, and records management. It was acquired 2014. OzRunways produces an electronic flight bag and maps for drone operators in Australia. That company was acquired 2024. Boeing will retain Digital Aviation Solutions' fleet maintenance, diagnostics, and repair service elements. That organization currently employs approximately 3,900 people worldwide. Subject to regulatory approval, the transaction is expected to close by the end of 2025. Thoma Bravo has over US$179 billion in assets under management as of December 31, 2024. North Bay activists call for boycott of Avelo Airlines as it plans for ICE deportation flights Avelo Airlines previously announced it would operate deportation charter flights for the Department of Homeland Security. This sparked protests against the airline at Charles M. Schulz Sonoma County Airport in California, at Daytona Beach International Airport in Florida, and near Wilmington Airport in Delaware. Avelo Airlines generates profit by leveraging its ultra-low-cost carrier model. Key strategies include low operating costs, ancillary revenue, efficient fleet utilization, use of secondary airports, and lean staffing. Avelo's Cost per Available Seat Mile (CASM), excluding fuel, is only 6.6 cents. CASM = Total Operating Costs / Available Seat Miles (ASM) ASM is the number of available seats times the distance flown. Typical CASM for different airline business models: 6-8 cents for ULCC 8-10 cents for LCC 13-17 cents for legacy carriers Electra raises $115m for ultra-short take-off and landing aircraft Electra.aero is developing the eight-engine hybrid-electric EL9 Ultra Short, a 9-passenger, high-wing aircraft. The company claims a 150-foot ground roll, 75 dBA at 300 feet, and 40% lower fuel burn. The target market is regional aircraft. The Ultra Short technology demonstrator is undergoing flight testing. The first eSTOL flight was May 16, 2024. Video: Electra First eSTOL Flight May 2024 https://youtu.be/esTykmreHuQ?si=1dRhyc5CSsWihtL2 John Langford is the founder and CEO of Electra.aero. He is a member of the National Academy of Engineer...
Canadians head to the polls in the country's federal election, Europe is hit by massive power outages, Trump says he thinks Zelenskyy is ready to concede Crimea, US strikes kill 68 migrants as the campaign intensifies in Yemen, A suspect is charged with murder in a Vancouver festival attack over the weekend, Trump plans to sign an order requiring a list of sanctuary cities and states, The US president suggests investigating news organizations over negative polling, 40 are killed and over 1,200 injured in a massive explosion at an Iranian port, Airbus finalizes a $439 million deal for Spirit AeroSystems assets, A study finds ultra-processed foods increase the risk of early death, and Tigst Assefa shatters the women's-only marathon record in 'super shoes' at the London Marathon. Sources: www.verity.news
Nadat Prosus maaltijdbezorger Just Eat Takeaway overnam, dreigt nu hetzelfde te gebeuren bij het Britse Deliveroo. De Amerikaanse concurrent DoorDash wil het bedrijf kopen voor dik 3 miljard euro. Doordash is in de VS al de grootste, maar wil met de inlijving van Deliveroo ook z'n positie in Europa verder uitbouwen. Maar doe je er wel verstandig aan om de eeuwige nummer 2 te kopen? Tegelijk is het een mooi moment om te kijken of beleggers in Just Eat wel een eerlijke prijs krijgen. Of komen die er bekaaid vanaf? En niemand had dat gedacht: het oer-conservatieve ExxonMobil dreigt nog groenere praatjes te krijgen dan de 'Jesse Klaver' onder de oliebedrijven. Eerder deed ExxonMobil al dat duurzame gedoe nog af als een 'schoonheidswedstrijd', die klimaatverandering niet zou stoppen. Ook waarschuwt Klaas Knot dat zijn laatste ECB-vergadering 'echt een ingewikkelde' wordt. Verfmaker AkzoNobel staat op het punt om de grootste overname in jaren te doen. En Apple raakt steeds verder op achterstand in China.See omnystudio.com/listener for privacy information.
Nadat Prosus maaltijdbezorger Just Eat Takeaway overnam, dreigt nu hetzelfde te gebeuren bij het Britse Deliveroo. De Amerikaanse concurrent DoorDash wil het bedrijf kopen voor dik 3 miljard euro. Doordash is in de VS al de grootste, maar wil met de inlijving van Deliveroo ook z'n positie in Europa verder uitbouwen. Maar doe je er wel verstandig aan om de eeuwige nummer 2 te kopen? Tegelijk is het een mooi moment om te kijken of beleggers in Just Eat wel een eerlijke prijs krijgen. Of komen die er bekaaid vanaf? En niemand had dat gedacht: het oer-conservatieve ExxonMobil dreigt nog groenere praatjes te krijgen dan de 'Jesse Klaver' onder de oliebedrijven. Eerder deed ExxonMobil al dat duurzame gedoe nog af als een 'schoonheidswedstrijd', die klimaatverandering niet zou stoppen. Ook waarschuwt Klaas Knot dat zijn laatste ECB-vergadering 'echt een ingewikkelde' wordt. Verfmaker AkzoNobel staat op het punt om de grootste overname in jaren te doen. En Apple raakt steeds verder op achterstand in China.See omnystudio.com/listener for privacy information.
Die beiden Börsenexperten erläutern das aktuelle Marktumfeld, das durch die Handelszölle von US-Präsident Trump ein extremes Maß an Panik und Unsicherheit erfahren musste - und sicherlich noch nicht abgeschlossen ist. Anschließend geht es um diese fünf spannenden Aktien: NVIDIA (NVDA): Der US-Chiphersteller steht unter Druck, nachdem die Trump-Regierung den Export des H20-KI-Chips nach China untersagt hat, was zu einem erwarteten Umsatzverlust von 5,5 Milliarden US-Dollar führt und die Aktie um über fünf Prozent fallen ließ. Gleichzeitig investiert NVIDIA massiv in die US-Produktion von KI-Chips und bringt mit der RTX 5060 Ti eine neue GPU-Generation auf den Markt. Robinhood (HOOD): Das FinTech bleibt volatil und profitiert von kurzfristigen Marktbewegungen, während es sich bemüht, durch neue Produkte und internationale Expansion nachhaltiges Wachstum zu erzielen. Michael Flender gibt Einblicke in die neuen Services des Unternehmens. Zudem könnte der Boden beim Aktienkurs gefunden sein. Airbus (AIR): Der europäische Flugzeugbauer plant, bis Ende April 2025 Teile von Spirit AeroSystems zu übernehmen, um seine Lieferkette zu stärken. Dies unterstreicht Airbus' strategisches Wachstum im Luftfahrtsektor. Spannend könnten auch Neuausrichtungen durch Änderungen der chinesischen Handelspartner werden. Vossloh (VOS): Der Bahninfrastrukturspezialist präsentiert auf der IAF 2025 in Münster innovative Lösungen wie KI-gestützte Überwachungssysteme und nachhaltige Schwellen. Ein bedeutender Auftrag über 600 Weichen von der Deutschen Bahn sichert langfristige Einnahmen. Die aktuelle Korrektur im Chart wurde zum größten Teil wieder geschlossen. TAG Immobilien (TEG): Der Wohnimmobilienkonzern kehrt nach zwei Jahren in die Gewinnzone zurück. Starke Verkäufe in Polen und stabile Vermietung in Deutschland stützen die positive Prognose für 2025, zu der Michael Flender weitere Worte findet. Kommen Sie bestens informiert mit TRADERS´ media GmbH und der LS Exchange durch den Handelstag.
Fourth Amendment: Does a Texas law that permits the attorney general to inspect any business record held by a company doing business in Texas constitute an unconstitutional general warrant? - Argued: Mon, 31 Mar 2025 4:58:54 EDT
Oral Arguments for the Court of Appeals for the Fifth Circuit
Spirit Aerosystems v. Paxton
In the aerospace industry, compliance is not just a requirement, but a culture. Senior Aerospace Weston places significant importance on workplace standards—which is why it has installed more than 50 Filtermist oil mist filters. Working primarily with OEMs like Rolls-Royce, Airbus, MTU Engines, Spirit Aerosystems, and many other prestigious clients, Senior Aerospace Weston manufactures a variety of aerofoil and aerostructure components for various platforms in the commercial aviation market. Founded in 1937 and acquired by Senior plc in 2011, the Earby-based manufacturer is now part of an FTSE 250-listed group with over 6,800 employees in 12 countries. As part of a global group in the top echelons of aerospace manufacturing with 3 to 5-axis machining and grinding, CAD/CAM, assembly, NDT, surface treatment, robotic polishing, and much more – achieving standards is critical. Gary Bell from Senior Aerospace Weston says: “Here at Senior Airspace Weston, we believe in maintaining good, orderly, clean standards, housekeeping, and a good working environment. A clean working environment is essential to ensure that we produce our high-specification components.” Providing more detail on the machine shop, Gary adds, “We make a variety of aerospace components for different aircraft programmes and work with a range of materials. This is predominantly aluminium, but we also work with titanium, bronze, nimonic, inconel and steel. We have lots of different types of CNC machining centres with 3, 4, and 5-axis machines. Each machine is specified to manufacture certain types of components, and this is why we have such a wide variety.” With Filtermist extraction units, including the FX6002 and FX7002 on 58 of the company's machine tools, it is imperative that oil mist is extracted from the machines. As Gary adds: “The type of high-speed machining that we undertake produces oil mist that needs removing from the working environment. Our first thought was to look at the industry-leading standards, and Filtermist was the name that first came up. We engaged with them straight away, and they were extremely helpful in giving us some advice and support. They were able to come on-site and carry out a free survey so that they were able to specify exactly what equipment would be available to support our needs.” With machine tools from leading manufacturers such as Matsuura, DN Solutions via Mills CNC, Grob and Hermle among others on-site, Gary continues: “In total, we have 58 Filtermist extraction units. Some machines require multiple Filtermist units to be installed to ensure the volume is extracted quickly and efficiently. We have a huge variety of machines, and the Filtermist units are flexible enough to accommodate the different types, sizes and requirements of those machines. We have machines that are large in scale, so we needed something that was able to extract from all those different types of scenarios effectively.” Discussing the maintenance requirements and the ongoing relationship with Filtermist, Gary says: “The beauty of the Filtermist system is it's easily serviceable, so we can specify whether the Filtermist units are standalone or mounted to the equipment. They are easily accessible for the service engineers to come in and replace any components effectively and quickly. The Filtermist units are fitted with F monitors, which are a really easy-to-use system. The operators can see at a glance using the traffic light system whether there are any issues with the effectiveness of the extraction.” Using the globally recognised ‘traffic light' system of coloured warning lights to alert machine operators when the unit needs servicing, the F Monitor measures velocity pressure to check the airflow through the Filtermist oil mist collector is correct. The Bluetooth-enabled F Monitor 2 measures airflow and time, and the F Monitor 2+ also monitors vibration and motor temperature - making it even easier to identify when the Filtermist unit needs servicing. For existing customers, the F Monitors
The aerospace supply chain with the co-founder and CEO of a manufacturing startup, the Airbus A350 production outlook, GE Aerospace Catalyst turboprop certification, a Senate bill to boost the ATC workforce, a call for retired controllers to return to the job, and KC-46 tanker cracks. Guest Vishal R. Sanghavi has been a leader in the aerospace and defense (A&D) industry for nearly two decades. He co-founded Jeh Aerospace in 2022 with his long-time colleague Venkatesh Mudragalla. This US-based company manufactures aerospace and defense components. Vishal describes the reasons for the current aerospace supply chain problems and the demand/supply gap. He notes structural issues such as the difficulty obtaining and retaining workers, inflation, and lack of supply chain transparency. Easing these problems can partly be addressed by viewing supply relationships strategically rather than transactionally. Vishal tells us why OEMs don't vertically integrate more than they do, and how quality is assured throughout the supply chain. Vishal is on a mission to build Jeh Aerospace into a technology-driven manufacturing company that will deliver quality parts 10x faster, better, and cheaper. Jeh looks to transform the field with talent and technology creating a digitally native organization that provides data for advanced analytics. Vishal explains factors that influence geographic locations for manufacturing facilities, such as access to talent, cost efficiencies, where the large markets are. Vishal's entrepreneurial journey began at the Indian business conglomerate Tata Group, where he built and led large multimillion-dollar businesses and became one of the youngest Chief Experience Officers for the group. He spearheaded numerous aerospace businesses during his tenure, including the Tata Boeing Joint Venture (JV), Tata Sikorsky JV, and Tata Lockheed JV, which manufactures large and complex aerospace systems. Before that, Vishal honed his skills at TCS, where he consulted Fortune 100 companies on business processes and technology. Vishal is an electronics and telecommunication engineer educated at RAIT, Mumbai University, and is currently pursuing the Smart Manufacturing Program at MIT. Vishal was selected for the TAS program, Tata Group's premium leadership cadre, and nominated by Boeing for its Organizational Leadership Program at the Boeing Leadership Center (BLC) in St. Louis. He is a certified Gold Assessor of the Tata Business Excellence Model, based on the Malcolm Baldrige Quality Award. Aviation News Supply Chain Challenges Limit A350 Production to Six Aircraft Per Month, A350F Deliveries Delayed to 2027 Airbus had originally intended to produce about nine A350s per month in 2025. Now it looks like six per month is the most that can be expected. Also, the A350F launch is pushed out to 2027. Supply chain disruptions, including those from component supplier Spirit Aerosystems, are cited as the problem. Airbus reports that the A350 family has 1,363 firm orders from 60 customers, with 644 aircraft delivered as of January 2025. Firm orders for the A350F stood at 63. GE Aerospace Catalyst Turboprop Engine Gains FAA Certification The new GE Aerospace Catalyst turboprop engine was announced in 2015 and is planned to power the Beechcraft Denali. The Catalyst Data Sheet [PDF] says the engine family is aimed at the 1200-1400 SHP range; includes integrated digital engine and propeller control; and automatically optimizes fuel flow, prop pitch and speed, bleed valves, and variable stators. As much as 18 percent lower fuel burn and 10 percent higher cruise power compared to competitors in the same size class is claimed. 60-second promotional video: The Catalyst engine for Beechcraft Denali https://youtu.be/1NUVXdeihCE?si=YaAXIIUIFAZUbH86 Transportation Secretary supercharges hiring, Senate bill to bolster workforce Senators proposed the The Air Traffic Control Workforce Development Ac...
Hoy miramos a Air Liquide, Airbus, Spirit AeroSystems, Standard Chartered, Unicredit, Alten y la bolsa alemana. Con Xavier Brun, responsable de RV europea de Trea AM.
We speak with a Partner at an aviation practice who advocates for 737 MAX crash victims. In the news, we look at the Azerbaijan and Jeju crashes, Boeing's safety and quality-control plan update, Delta's plan for an AI-rich future, and V-22 Osprey catastrophic failure risks. Also, favorite flybys from listeners. Guest Erin Applebaum is a partner in the aviation practice at Kreindler & Kreindler LLP, specializing in high-stakes litigation for passengers injured or killed in general aviation accidents and commercial airline disasters. Erin has devoted her career to advocating for justice and fighting for the advancement of aviation safety. She serves on the Plaintiffs' Executive Committee for the Ethiopian Airlines Flight 302 Boeing 737 MAX litigation. Erin is part of the legal team representing the 737 MAX crash victims in the federal criminal case against Boeing. Erin updates us on the status of the 737 MAX crash civil litigation. The criminal case is ongoing but likely nearing an end. Boeing was found in violation of the deferred prosecution agreement but the judge rejected the negotiated plea deal. The families of the victims are unhappy because the criminal case focuses on the single charge of defrauding the FAA, and not on those who lost their lives. Erin maintains a robust practice of litigating tort claims governed by the Montreal Convention, the global treaty governing international commercial flights. She teaches a popular aviation CLE course for other attorneys on how to litigate personal injury claims for international airline passengers. Erin has published a comprehensive update on the law governing international aviation claims in the highly respected legal journal of McGill University, “Annals of Air and Space Law.” Erin serves as Co-Chair of the New York City Bar Association's Aeronautics Committee, Vice Chair of the American Bar Association's Aviation and Space Law Committee, and is an active member of the American Association for Justice and the International Aviation Women's Association. Aviation News Russian Air Defence System Caused Azerbaijan Airlines Plane Crash On December 25, 2024, an Azerbaijan Airlines ERJ-190 flying from Baku Azerbaijan to Grozny in Russia's Chechnya crashed in Aktau Kazakhstan leaving 38 people dead. The plane diverted from Grozny due to dense fog and ultimately made an emergency landing an hour later in Grozny. On final approach, the Embraer lost altitude and impacted the ground off the runway. Twenty-nine people, including the cabin crew, survived. Thirty-eight, including the flight crew, did not IATA Statement on Azerbaijan Airlines Flight 8243 says, in part: "Civil aircraft must never be the intended or accidental target of military operations. The strong potential that Azerbaijan Airlines flight 8243 could have been the victim of military operations, as indicated by several governments including Russia and Azerbaijan, places the highest priority on conducting a thorough, transparent, and impartial investigation. The world eagerly awaits the required publication of the interim report within 30 days, in line with international obligations agreed in the Chicago Convention. And should the conclusion be that this tragedy was the responsibility of combatants, the perpetrators must be held accountable and brought to justice." See also: Accident: Azerbaijan E190 near Aktau on Dec 25th 2024, lost height and impacted ground after being shot at EU issues new alert for planes flying in Russian airspace Boeing Shares Details of Safety Plan One Year After Door Plug Incident Boeing provided an update of its plan to address systemic safety and quality-control issues, which included: Reducing 737 fuselage assembly defects at Spirit AeroSystems through increased inspection and a customer quality approval process; Addressing more than 70% of the action items from employee feedback Managing traveled work at final assembly with "mo...
**Discussion begins at 4:15**Since 1916, Boeing has been synonymous with safety and reliability. The company was responsible for the production of 100,000 airplanes for Allied Forces in WW2, the production of Air Force One, and revolutionizing air travel. The slogan was, “If it's not Boeing, I'm not going”. Following a merger with McDonnell Douglas, experts agree that the company had a culture shift, in which perhaps finances were prioritized over safety. This all came to a head when Boeing did a rapid roll out of the 737 Max, in an attempt to keep up with their only competition, Airbus. Following a slew of poor decisions, there were two plane crashes, with 346 deaths. Since that time, a number of employees have come forward to report safety issues with Boeing and it's contractor, Spirit Aerosystems. Things had been relatively quiet for Boeing, until last year when a number of safety issues brought them back into the news. Following a 2.5 billion dollar loss, 50,000 lay offs, and a drop in stocks by 26% in the first quarter, two of the Boeing whistleblowers died under mysterious circumstances within 2 months of each other. Were these just unfortunate tragedies? Or was Boeing behind the mysterious deaths?Send us a textSupport the showTheme song by INDA
Tom Gentile has been an Executive leading large multinational companies (15,000+ employees and $3B+ AUM) for the past 20 years. Including being the former CEO of Spirit Aerosystems, President of GE Capital, and VP of CBS. He is the former Chair of the Aerospace Industries Association (AIA) and serves on the Advisory Board to the Smithsonian National Air and Space Museum. Tom has a degree in economics from Harvard University and an MBA from Harvard Business School. And he studied international relations at the London School of Economics. If you enjoyed this episode please share it with a friend. It helps me out a lot. https://podcasts.apple.com/vg/podcast/real-conversations/id1594231832 Jacob's Instagram: https://www.instagram.com/jacoboconnor/ Real Conversation's Instagram: https://www.instagram.com/real.conversations/ YouTube Channel: https://www.youtube.com/@jacob-oconnor
In this week's episode, Chris Tonn*, director of outreach and networking for IISE's Modeling and Simulation Division, sits down with Jarrod Thome.Jarrod is an Operations Manager in McDonald's Global Operations Strategy & Standards department, where he uses his expertise in simulation modeling to tackle big questions for one of the world's most recognized brands. With a career spanning roles at the United States Postal Service and Spirit Aerosystems, Jarrod has developed and implemented simulation models across diverse industries, including aircraft manufacturing and logistics.In this conversation, Jarrod shares how simulation modeling drives innovation at McDonald's, from understanding customer behavior to optimizing global operations. He also offers insights into lessons learned throughout his career and the future of modeling in both manufacturing and service industries.*(When he's not podcasting for IISE, Chris Tonn is a simulation engineer for Spirit AeroSystems Inc. in the Manufacturing Integration Technology, Future Factory Team.)
S&P futures are down (0.02%), pointing to a flat open. Asian markets mostly finished Tuesday trading on a higher note, while European markets are struggling to sustain opening gains. Asia top stories highlight the continuation of yesterday's momentum, with positive sentiment supported by Wall Street's performance. Brokers remain cautious about China's outlook despite gains in Hong Kong and Shanghai markets. European top stories focus on the weak economic backdrop and political tensions. ECB President Lagarde calls for bold EU policies, while geopolitical tensions rise with Russia's updated nuclear doctrine. The BoE's cautious outlook may delay rate cuts until February.Companies Mentioned: Alphabet, Blackstone, Spirit AeroSystems, Piedmont Lithium
A Robinson hydrogen helicopter, Boeing machinists' new contract, furloughed Boeing staff and impending layoffs, Jeppesen possibly for sale, incendiary devices at DHL, Boom Supersonic XB-1 test flight, shots fired at Spirit, and air tanker minimum drop height. Aviation News Unither Bioelectronics Signs Agreement with Robinson Helicopter Company Unither Bioelectronics Inc. (UB) and Robinson Helicopter Company have entered into a strategic collaboration agreement to accelerate UB's development and certification of hydrogen-powered helicopters based on Robinson R44 and R66 models. UB is a subsidiary of United Therapeutics Corporation and CEO Martine Rothblatt said “...we look forward to using protons from green hydrogen to drive the membrane-based fuel cell powerplants in our Robinson R66 organ delivery electric helicopters.” Robinson R66 (Courtesy Robinson Helicopter Company) United Therapeutics adds hydrogen to its electric helicopter plans United Therapeutics is a biotechnology company that says it has been working on a hydrogen-powered R44 prototype for about a year and a half, and its first hover is “hopefully imminent.” In 2016, United Therapeutics began developing a battery-electric-powered Robinson R44 through a partnership with Tier 1 Engineering. A Guinness World Record was set in 2018 for the farthest distance traveled by an electric helicopter—30 nautical miles. UT also has partnerships with eVTOL developers EHang and Beta Technologies. Boeing strike ends as workers accept new contract The Machinists Union members accepted the contract with Boeing. Workers will get pay rises over four years. The union had demanded a 40% wage increase and restoration of a defined-benefit pension. The 38% wage increase plus a $12,000 bonus amounted to a 40% increase. The new contract does not restore the pension but promises that the next Boeing airplane will be built in the Seattle area. According to some analysts, the strike cost Boeing around $100 million a day in lost revenue. Boeing to repay furloughed staff, proceed with job cuts During the strike, Boeing furloughed some salaried employees, but CEO Kelly Ortberg said they would be repaid for lost wages. At the same time, Ortberg said a 10% cutback of the global workforce would proceed. A Society of Professional Engineering Employees in Aerospace (SPEEA) spokesperson said it was informed that 60-day notices of job losses would be issued to its members on Nov. 15, 2024. SPEEA has reached a tentative agreement with Spirit AeroSystems on a new four-year contract that offers at least a 19% pay increase over four years. It includes provisions for greater increases if needed to keep up with labor market conditions, and a guaranteed minimum 5% bonus in the spring of 2025. Report Says Boeing Eyeing Sale Of Jeppesen As Boeing CEO Kelly Ortberg looks to sell off non-core assets, Bloomberg quotes unnamed sources as saying Jeppesen is a candidate. Jeppesen is the world's largest provider of aviation charts and air navigation materials. Boeing may be looking to get $6 billion for the company. Boeing paid bought Jeppesen in 2000 for $1.5 billion. Boeing also owns ForeFlight but the Bloomberg report does not mention that company, Russia Suspected of Plotting to Send Incendiary Devices on U.S. Bound Planes Electric massagers that held a magnesium-based flammable substance were shipped via DHL from Lithuania and ignited at DHL logistics hubs in Germany and England. Security officials say this was part of a covert Russian operation seeking to start fires on aircraft flying to the U.S. and Canada. Boom Supersonic's XB-1 jet sets new speed record during 7th test flight Boom Supersonic plans ten subsonic test flights of their XB-1 supersonic demonstrator aircraft before supersonic speed testing begins. Boom has now completed the seventh of those ten subsonic test flights reaching an altitude of 23,015 feet (7,
On this week's Defense & Aerospace Report Business Roundtable, sponsored by Bell, Dr. Rocket Ron Epstein of Bank of America Securities, Sash Tusa of the independent equity research firm Agency Partners, and Richard Aboulafia of the AeroDynamic advisory consultancy join host Vago Muradian to discuss surging US markets Donald Trump's election for a second term and another Federal Reserve rate cut as economists warn tariff wars would jeopardize a red hot economy; with Republicans in charge of the White House, the Senate and the House, rising hope that defense spending will increase significantly; worried about America's reliability, Germany is considering killing its debt brake to boost military spending; in a signal of its own, Britain backs the Global Combat Aircraft Program with Italy and Japan even before it concludes its Strategic Defence Review; Boeing machinists return to work ending a seven-week strike as the company considers selling its Jeppesen navigation business; Bombardier, BWXT, Embraer, Hensoldt, Leonardo, Mercury Systems, Palantir, Rheinmetall, Leonardo post results as Rolls and Chemring issue trading statements; and Spirit AeroSystems warns that its future is in doubt.
On this week's episode of AvTalk, Boeing machinists in the pacific northwest ratify a new contract, ending a 53 day strike. We discuss what's in the contract and where Boeing goes from here. Spirit Aerosystems, the maker of 737 fuselages, says it may not have long as a “going concern.” Spirit Airlines will furlough hundreds […] The post AvTalk Episode 293: All right, everybody back to work appeared first on Flightradar24 Blog.
Today we'll look at a real deal pitch example for a deal that's happening in the market right now. We cover the basic facts of the deal and what things you can point to in terms of the strategic rationale for the acquisition.For recruiting help, join the WSO Academy waitlist today!Contact: investmentbankinginsights@gmail.com
On this week's Defense & Aerospace Report Business Roundtable, sponsored by Bell, Dr. Rocket Ron Epstein of Bank of America Securities, Sash Tusa of the independent equity research firm Agency Partners, and Richard Aboulafia of the AeroDynamic advisory consultancy join host Vago Muradian to discuss Wall Street's sixth straight winning week; Boeing and machinists strike proposed deal that includes a 35 percent pay raise to end 5-week strike as the jetmaker moves to raise $25 billion in debt and stock plus borrow $10 billion; Bell decides to move V-280 Valor aerostructure work in house from Spirit AeroSystems; impact of the move what Boeing would pay for its former subsidiary; Airbus to cut 2,500 jobs from its defense and space business; partnership between L3 Harris and Embraer to jointly market the KC390 ends; L3 protests US Army's decision to award the HADES contract to Sierra Nevada; another multiyear to Sikorsky carrying UH-60 Blackhawk production through 2032; France bars Israeli companies from the upcoming Euronaval trade show in Paris; takeaways from the Association of the United States Army's annual meeting and The Aerospace Event; and what to expect next week at the National Business Aviation Association tradeshow in Las Vegas.
On this week's Defense & Aerospace Report Business Roundtable, sponsored by Bell, Dr. Rocket Ron Epstein of Bank of America Securities, Sash Tusa of the independent equity research firm Agency Partners, and Richard Aboulafia of the AeroDynamic advisory consultancy join host Vago Muradian to discuss Wall Street's new highs on stronger than expected bank and financial earnings; Boeing pre-reports third quarter earnings including a $3 billion charge, 17,000 layoffs, the end of 767 freighter production, and delayed 777X deliveries as the company accuses the International Association of Machinists of negotiating in bad faith, a charge the union makes about the jetmaker; Airbus blames CFM and Spirit AeroSystems for its woes; France announces the new F5 version of the Dassault Aviation's Rafale and the a combat unmanned vehicle; the Justice Department accuses Saab of corruption in Brazil; and what to expect at the Association of the United States Army's annual conference and tradeshow as well as The Aerospace Event.
US futures are indicating a flat open today. European equity markets are little changed, while Asian markets finished mixed. Market sentiment was impacted by a hotter-than-expected September CPI print, though analysts downplayed the data as a single-month variation, with relief coming from a slowdown in shelter inflation. There was also focus on the sharp rise in initial jobless claims, which likely reflected temporary impacts from Hurricane Helene and ongoing strikes. Some hawkish comments from Fed officials suggested a potential pause in November, while others noted that inflation is clearly declining. Companies Mentioned: Tesla, Airbus, Spirit AeroSystems, Johnson & Johnson
On this week's Defense & Aerospace Report Business Roundtable, sponsored by Bell, Dr. Rocket Ron Epstein of Bank of America Securities, Sash Tusa of the independent equity research firm Agency Partners, and Richard Aboulafia of the AeroDynamic advisory consultancy join host Vago Muradian Wall Street ends on a high on stronger than expected US jobs growth, French Prime Minister Emmanuel Macron tells US financiers how grave the country's financial situation is, Xi Jinping announces a major government stimulus plan as the People's Republic of China celebrates its 75th anniversary, Boeing's strike continues as the company's management considers the scope of an equity raise and questions arise about the valuation of the planned acquisition of Spirit AeroSystems, and as Iran strikes Israel with history's largest ballistic missile attack, some thoughts on the economics of air and missile defense.
Hour 3 - Steve and Ted finish off the week with business news from The Wichita Business Journal.
On this week's Defense & Aerospace Report Business Roundtable, sponsored by Bell, Dr. Rocket Ron Epstein of Bank of America Securities and Richard Aboulafia of the AeroDynamic advisory consultancy, join host Vago Muradian discuss Federal Reserve Chairman Jerome Powell's statement that the central bank would cut interest rates by half a percent especially after employment figures were adjusted downward; Sierra Nevada wins the US Army's High Accuracy Detection and Exploitation System or HADES spyplane contract; Boeing sells 36 new AH-64 helicopters to South Korea, but the company's 777X jetliner is grounded after the company discovered a structural issue that will be expensive to fix; the last of 23 VH-92 helicopters were delivered to the Marine Corps by Lockheed Martin's Sikorsky as the president's new helicopter, but it can't replace aging Blackhawks and Sea Kings until the new aircraft is cleared to land on the White House lawn; companies like Bell that selected Spirit AeroSystems for defense aerostructures work are said to be considering ending those contracts after Boeing buys its former unit; and NASA decides two astronauts stuck in space since their Boeing StarLiner experienced problems on its maiden flight to the International Space Station will return to earth aboard a SpaceX Crew Dragon spacecraft in February.
Vice President Kamala Harris chose Minnesota Gov. Tim Walz as her running mate on Tuesday, capping more than two weeks of speculation over who would join her at the top of the Democrat ticket. Walz said it was the "honor of a lifetime" to join Harris in the campaign.Voters in Michigan, Missouri, and Washington State are heading to the polls to vote in primary elections. In Michigan, Democrats and Republicans are stepping up to replace Sen. Debbie Stabenow (D-Mich.). Voters in Missouri will also decide the fate of Rep. Cori Bush (D-Mo.).Several Boeing and Spirit AeroSystems executives testified at a two-day hearing before the National Transportation Safety Board, which is investigating the midair blowout of an Alaska Airlines 737 MAX 9 door plug in January. The hearing reviews issues including 737 manufacturing and inspections, safety management, and quality management systems.
Special guest, Ryan, joins us to talk about becoming a private pilot and supervising the Move Team. Doug is back from a domestic 777 circuit including SFO, IAH, DEN, and OGG (Maui). He talks about landing a huge plane on a tiny runway. We also discuss:CRJ200 hate speech is exposedBoeing brings Spirit Aerosystems, that makes 737 fuselages, back in-houseAre Air Force uniforms as uncomfortable as they lookDrew is planning to solo for the 1st time. Will he be cockpit blocked again?Join the conversation! https://www.nexttripnetwork.com/
Let them eat tech! Meme stock mania may be dying down Short week - July 3rd 1/2 day, July 4 - closed - July 5? How About those Florida Panthers? PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm Up - Let them eat tech! - Meme stock mania may be dying down - Short week - July 3rd 1/2 day, July 4 - closed - July 5? - How About those Florida Panthers? Market Update - Heavily weighted toward 10 stocks - breath sucks - Seeing slowdown in consumer confidence and holding steady on most economic reports - Some concerns mounting about Russia - Stress Tests - Anyone Surprised? Russia Issues - NATO wants to put a senior civilian official in Kyiv, Ukraine - Market was a little concerned about this - as new broke, selling occurred (for about 5 minutes) HA! Play with Fire - Keith Gill, the investor known as "Roaring Kitty" who helped spur the meme stock mania of 2021, was sued by GameStop investors who said they lost money through his "pump-and-dump" scheme for the videogame retailer. - A proposed class action accusing Gill of securities fraud was filed on Friday in the Brooklyn, New York federal court. - Investors led by Martin Radev, who lives in the Las Vegas area, said Gill manipulated GameStop securities between May 13 and June 13 by quietly accumulating large quantities of stock and call options, and then dumping some holdings after emerging from a three-year social media hiatus. More Kitty Hoo-Haa - Shares of Chewy popped in the premarket trading Monday after a Securities and Exchange Commission filing showed meme stock trader "Roaring Kitty" took a stake in the pet food e-commerce retailer. - The filing showed Keith Gill bought just over 9 million shares — amounting to a 6.6% stake in the company. That makes him the third-biggest Chewy shareholder, according to FactSet. Based on Friday's close, that stake is valued at more than $245 million. - Stock was initially p 16% in premarket (that is after some wild swings last week) ---- Close DOWN 6% on the day after that initial pop - This guy is up Ryan Cohen's butt pretty far.. Chipotle Split Update - Trading near a post-split low - Stock initially moved higher toward $68 then reverses hard over the past few sessions, trading near $60 - This is important as investors may not just run into split announcements after this performance. ---- Or people are finally agreeing with JCD on the lack of taste? Boeing - Boeing said Monday that it will buy back its struggling fuselage maker Spirit AeroSystems in an all-stock deal that the plane maker has said will improve safety and quality control. - It said it agreed to pay $37.25 a share in Boeing stock for Spirit, giving the aerospace company an equity value of $4.7 billion. Including Spirit's debt the deal has a transaction value of $8.3 billion Boeing said. Spirit's shares closed Friday at $32.87 a share, giving it a market capitalization of about $3.8 billion. ---- MORE: U.S. prosecutors plan to seek a guilty plea from Boeing over a charge tied to two fatal crashes of 737 Max planes, attorneys for the victims' family members said Sunday, blasting a potential agreement as a "sweetheart deal." - The DOJ said in May that it was reviewing whether Boeing violated a 2021 settlement that protected Boeing from federal charges. The company agreed to pay a $2.5 billion penalty for a conspiracy charge tied to the 2018 and 2019 crashes of its best-selling 737 Max planes, which killed all 346 people on the two flights. OIL! - Breaking out -- Concerns over supply issues due to Houthi rebels droning Suez Canal --- Hurricane season hitting early - EARLIEST Cat4 on record happening now!
The director of the Portland International Jetport explains airport surface detection and runway incursions, airport use restrictions, construction at the airport, the impacts of a power outage, and many other issues faced by airports. In the news, the NTSB reacts to a violation of its investigative regulations, Boeing plans to purchase Spirit Aerosystems, a resolution to the violation of the deferred prosecution agreement, the FAA's Surface Awareness Initiative (SAI), a home damaged by space junk, and a pilot caught working for two airlines at the same time. Guest Paul H. Bradbury is the director of the Portland International Jetport (PWM) in Portland, Maine. Since there have been many recent airport-related news stories, we asked Paul to join us and provide his insight. One timely topic is runway incursions and surface surveillance systems. The Jetport currently employs an Autonomous Runway Incursion Warning System (ARIWS) but we also look at the FAA's Surface Awareness Initiative and the new uAvionics deployments. We also discuss airport use restrictions, the different Part 135 and Part 121 requirements, and the financial, security, and safety impacts of service vs. on-demand operations. Other topics include airport expansions, construction, and renovation while maintaining operations in the face of runway closures and back-taxiing on a runway. Also, residential development near the airport and land use issues such as improper zoning. Paul explains the impact of a power outage and the Jetport's Battery Energy Storage System (BESS) backup project. We even talk about solar panel glare that impacts pilots, Aircraft Rescue and Fire Fighting (ARFF) requirements, and whether there should be a Gate 13. (See Airports having or skipping gate 13, based on airport size [OC]). Aviation News uAvionix enables ground surveillance for runway safety The uAvionix FlightLine system provides ADS-B surveillance and surface situational awareness for Air Traffic Control towers at U.S. Airports. The system is qualified through the FAA's Surface Awareness Initiative (SAI) program, a component of the FAA Surface Safety Portfolio. FlightLine is designed for facilities without existing surface surveillance systems. According to uAvionix, the FAA has identified over 230 airports that are potential candidates for an SAI solution. The first FlightLine deployments by uAvionix are for Indianapolis International Airport (KIND) and Austin-Bergstrom International Airport (KAUS) towers. The systems were to be fully operational by June 30, 2024. Aircraft positions on the surface and in airport arrival and departure corridors are displayed on a surface map of the airport. ADS-B is the primary source of aircraft position. The Surface Awareness Initiative includes Approach Runway Verification and the Runway Incursion Device. Boeing Sanctioned for Sharing Non-Public Investigative Information With Media on 737 Max 9 Door Plug Investigation Boeing “blatantly violated NTSB investigative regulations” and the NTSB announced a series of restrictions and sanctions on the company. Boeing provided non-public investigative information to the media and speculated about possible causes of the Jan. 5, 2024 door-plug blowout. NTSB said Boeing will “no longer have access to the investigative information the NTSB produces as it develops the factual record of the accident.” Also, the NTSB will subpoena the company to appear at an investigative hearing into the case scheduled for Aug. 6 and 7, 2024 in Washington, DC. “Unlike the other parties in the hearing, Boeing will not be allowed to ask questions of other participants.” See also: NTSB rebukes Boeing after top exec discloses detail on Alaska Airlines blowout NTSB sends letter to David Calhoun, President and CEO of the Boeing Company [PDF] Boeing to buy supplier Spirit AeroSystems in $4.7bn deal Boeing plans to acquire Spirit AeroSystems in an all-stock transactio...
A.M. Edition for July 1. Marine Le Pen's far-right National Rally party scores a victory in French parliamentary elections. Paris-based reporter Noemie Bisserbe discusses France's unprecedented political moment. Plus, Boeing reaches a deal to buy its troubled 737 MAX parts maker Spirit AeroSystems. And store-branded products are gaining traction with U.S. retailers. Heard on the Street columnist Jinjoo Lee discusses the private-label revolution. Kate Bullivant hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
Global reinsurance rates are declining, which could save home insurers money; Boeing to recombine with Spirit Aerosystems; California law to take effect in effort to track gun purchases; major banks hike dividends after passing Fed stress tests.
Plus: Marine Le Pen's far-right National Rally party scores major victory in French parliamentary elections. And, tech companies look to buy electricity directly from nuclear plants to power AI data centers. Kate Bullivant hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Boeing shares climb 2.6% after announcing it will acquire Spirit AeroSystems. Chewy shares decline after investor “Roaring Kitty” disclosed a 6.6% stake in the company. J.R. Whalen reports. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
After a bullish first half for stocks, David Faber, Leslie Picker and Mike explored what to expect from the markets as we enter the second half of 2024. They discussed the AI-fueled tech sector rally, the moves in Nvidia versus Treasury yields -- and whether or not we could see a broader rally for the rest of this year. Wedbush analyst Dan Ives joined eth anchors at Post 9 with his 2H forecast for tech. Also focus: Boeing agrees to acquire Spirit AeroSystems for $4.7 billion in stock, 'why "Roaring Kitty" sparked a 20% jump in Chewy shares before gains were erased, banks boosting dividends, countdown to the Supreme Court ruling on Trump immunity case. Squawk on the Street Disclaimer
On this week's episode of AvTalk, Boeing, Airbus, and Spirit Aerosystems near a deal to bring Spirit back into the Boeing fold. Another Southwest 737 flew too low, this time in Oklahoma City. The NTSB releases its preliminary report on UA28's uncontained engine failure on 14 May. And Seoul's Incheon Airport was closed for a […] The post AvTalk Episode 274: International trash balloons appeared first on Flightradar24 Blog.
A.M. Edition for June 25. WikiLeaks founder Julian Assange is set to gain his freedom after reaching an agreement to end his yearslong battle to avoid trial over his U.S. espionage case. Plus, the WSJ's Jonathan Cheng explains the significance of the U.S Ambassador to China accusing Beijing of undermining diplomacy. And, Boeing adds a last-minute twist to talks to buy Spirit AeroSystems, while rival Airbus struggles to meet production targets. Luke Vargas hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: In a last-minute twist, Boeing offers to fund its acquisition of partsmaker Spirit AeroSystems stock rather than cash. And, Airbus shares sink as the plane maker struggles to hit its targets. Kate Bullivant hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
Carl Quintanilla and Jim Cramer led off the show with Nvidia: Shares trying to rebound after falling more than 17% from record highs set last week. What's the proper entry point to buy the stock? Jim also outlined his retail picks for a "frugal economy." Also in focus: The EU's antitrust charges against Microsoft, a double dose of Apple news, Carnival's surprise profit, Boeing reportedly changes its proposal to buy Spirit AeroSystems, Airbus slides, a look at the charts Cramer says should get the Fed's attention. Squawk on the Street Disclaimer
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureChina is trying to destroy Boeing to replace it with their own airline system. Now we come to find out that the titanium is counterfeit and they are being used on the planes. Trump is now showing the people the way, first he said no taxes on tips, now the push is for no income taxes. This all leads to removing the [CB] from the country and the rest of the world. The [DS]/[CB] reign is coming to an end. The [DS] is now pushed into a corner. Everything they have done to Trump is going to come back to haunt them. These are their crimes and they are setting precedents which Trump will use to get them. The [DS] is building the narrative that the election system will be attacked. The [DS] is putting everything in place for war, they included the drafting of women in the new NDAA and it just passed the house. The GOP wants to rename the water surrounding the US to DJT, watch the water. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy Counterfeit Titanium Found In Some Boeing And Airbus Jets Boeing is no longer the pride of American aviation. The plane manufacturer is riddled with so many problems it's impossible to keep track. Yesterday, the FAA announced an investigation (yet another...) into a 737 Max 8 jet that encountered a dangerous mid-flight 'Dutch roll' several weeks ago. Now, a report from the New York Times reveals that some Boeing jets are built with 'counterfeit titanium.' Some recently manufactured Boeing and Airbus jets have components made from titanium that was sold using fake documentation verifying the material's authenticity, according to a supplier for the plane makers, raising concerns about the structural integrity of those airliners. The falsified documents are being investigated by Spirit AeroSystems, which supplies fuselages for Boeing and wings for Airbus, as well as the Federal Aviation Administration. The investigation comes after a parts supplier found small holes in the material from corrosion. -NYT The report continued: The planes that included components made with the material were built between 2019 and 2023, among them some Boeing 737 Max and 787 Dreamliner airliners as well as Airbus A220 jets, trywide h Source: zerohedge.com Counterproductive': Biden Energy Dep't Hit With Lawsuit After Cracking Down On Appliances Used By Millions A pro-free market organization is taking the Biden administration to court in an effort to block government rules targeting a bevy of appliances used by millions of Americans. The Competitive Enterprise Institute (CEI) filed a lawsuit against the Department of Energy (DOE) on Thursday seeking injunctive and declaratory relief against the DOE's water efficiency standards for clothes washers and dishwashers. In its complaint, CEI alleges that the agency exceeded its authority by issuing the efficiency rules, which CEI describes as “counterproductive” and bad for consumers. “DOE has gone beyond its statutory authority in increasing the stringency of water efficiency rules of certain consumer appliances without lawful authority,” CEI's complaint states. “More precisely, DOE lacks the authority to increase the stringency of such rules for appliances other than showerheads, faucets, water closets, and urinals. This lawsuit seeks to confine the actions of the DOE to the exercise of its lawful statutory authority. Source: dailycaller.com https://twitter.com/WallStreetSilv/status/1800889342216527920 https://twitter.com/Fxhedgers/status/1801397491096494541 CBS News Poll: Only 7% of Voters Say Joe Biden's Economy I...
My book Reframe Your Brain, available now on Amazon https://tinyurl.com/3bwr9fm8 Find my "extra" content on Locals: https://ScottAdams.Locals.com Content: Politics, Santiago Paredes, Boeing Whistleblower, Spirit AeroSystems, Axios Fake News Nikki Haley, TikTok Ban, October 7 Impact, President Trump, President Biden, Election Integrity, Trump Trials Hypocrisy, The Young Turks, Joy Behar, Criminal Based Governments, Cancel Culture Popularity Decline, Iron Fist Policies, The Economist, Narco South American Gangs, Arab Nations Sanction Relief, PM Benjamin Netanyahu, Israel's Hamas Policy, Scott Adams ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ If you would like to enjoy this same content plus bonus content from Scott Adams, including micro-lessons on lots of useful topics to build your talent stack, please see scottadams.locals.com for full access to that secret treasure. --- Support this podcast: https://podcasters.spotify.com/pod/show/scott-adams00/support
On this week's episode of AvTalk, employees at Boeing's 787 assembly facility in South Carolina were falsifying inspection records. Spirit Aerosystems loses nearly as much in the first quarter of 2024 as it did in all of 2023, Alaska Airlines gets some Boeing store credit, and Emirates announces where it will send its new A350s […] The post AvTalk Episode 267: Falsifying records appeared first on Flightradar24 Blog.
Kim Jong Un secret sex captive selection process revealed! Also, another Boeing whistleblower (Josh Dean) is dead, plus Oneway Lilman's parents suck (00:00:00 - 00:03:20) Teasers!
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe economy is breaking down. Corporations are reporting that income is falling and sales are declining. Biden is cancelling student loans because he is desperate. The [CB] is now messaging that they are trapped. No matter which way they go they are in a lose lose position. The [DS] has just played their hand. They pushed the riots on the campuses, this is working against Biden and the [DS]. The country is coming together where they hate Biden. The [DS] pushed this agenda to usher in hate speech laws, this will fail in the end. Trump messages the [DS] letting them know he has a plan to stop them from rigging the election. The [DS] is now panicking which means they will make stupid move. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/KobeissiLetter/status/1785841352955109881 4. CVS Pharmacy stock, $CVS, fell 17% after net income fell by 50% 5. Etsy stock, $ETSY, fell 11% after reporting weak earnings due to the "macroeconomy" 6. EBay stock, $EBAY, fell 5% after reporting weaker guidance Is the economy really that strong? McDonald's and other big brands warn that low-income consumers are starting to crack Some of America's best-known corporations are saying their consumers are being pinched by inflation as prices continue rising. “It is clear that broad-based consumer pressures persist around the world,” McDonald's CEO Chris Kempczinski said on the fast-food chain's earnings call early Tuesday. “Consumers continue to be even more discriminating with every dollar that they spend as they faced elevated prices in their day-to-day spending.” Source: cnbc.com White House pivots from campus protest backlash to tout billions in student loan cancellations The White House took a series of questions about pro-Palestinian protests on college campuses, reiterating that President Joe Biden opposes antisemitism while touting the things he's done for young people. Several reporters tried to pin down the administration's position on whether or not it supports the protesters or is sympathetic to their cause. Press secretary Karine Jean-Pierre said she couldn't directly answer the question because it relates to the 2024 election and campaigning, but did say Biden should be recognized for what he's done for young people, including his efforts to cancel their student loans. Source: washingtonexaminer.com https://twitter.com/KobeissiLetter/status/1785751283158106285 5. The Fed is "not satisfied" with inflation at 3% 6. It is unclear how long it will take for rate cuts to begin Political/Rights https://twitter.com/WallStreetSilv/status/1785863043005415625 Second Whistleblower Linked to Boeing Dies of “Sudden Illness” Joshua Dean, a former quality auditor at Boeing supplier Spirit AeroSystems, died early Tuesday morning after battling a sudden, rapid infection, the Seattle Times reported. His death comes less than two months after the death of John Barnett, another whistleblower, under mysterious circumstances. Joshua Dean, known affectionately as Josh, was a prominent figure in raising alarms over alleged safety issues within Boeing's 737 MAX production line. According to reports by the Seattle Times, Dean succumbed to a fast-spreading infection that led to multiple complications, ending his life at the age of 45. Dean, a resident of Wichita, Kansas—where Spirit AeroSystems is based—was previously in good health and k...
On this week's episode of AvTalk, we learn that Embraer is considering a challenge to the Airbus-Boeing duopoly with a new mainline single-aisle aircraft of its own. Indigo orders up to 100 Airbus A350s, while Airbus navigates Boeing's potential purchase of Spirit Aerosystems and what that means for the A350 fuselage sections and A220 wings […] The post AvTalk Episode 266: A new challenger emerges appeared first on Flightradar24 Blog.
How did “Emergency Pizza” work out for Domino's? And is there space for a new weight-loss drug? Plus, is Spirit AeroSystems about to land at Boeing hangars? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Learn more about your ad choices. Visit megaphone.fm/adchoices