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Spirit aero systems makes the fuselage. I’ve made so much money over people panic selling after each 737 Max incident. It is truly a marvel how reliable air tr
by water9 3y ago
Spirit aero systems makes the fuselage. I’ve made so much money over people panic selling after each 737 Max incident.
It is truly a marvel how reliable air travel is especially when you compare it how it used to be in the 1970s when planes would crash almost monthly.
- FredPret 3y agoBoeing puts their name on the finished product; therefore Boeing made it via Spirit Aero Systems.
- Everdred2dx 3y agoSpirit also contracts with Airbus. Did Boeing just get unlucky?
- p_l 3y agoBoeing squeezes Spirit to last cent and didn't care about QA. Airbus apparently takes way more "partnership" approach to contractors.
- water9 3y agoYes people try to get the best price from their suppliers. Should I remind you how Apple iPhones are made?
- p_l 3y agoIf the quality drops because of that hard enough to endanger human lives...
- water9 3y agoYou act like it’s possible to be perfect and that accidents don’t happen in this world. why don’t you hold car makers to the same expectation just because they only go in two dimensions instead of three? Every company has bad workers that do bad jobs even mission critical jobs that endanger lives
- p_l 3y agoWe actually do, the main reason there's less scrutiny is that a car can stop, an aircraft stopping is a completely different deal. And when it comes to airliners it involves way more possible damage and lives lost. The thing is, we have regulations on how one has to run aircraft manufacturing, maintenance, repair, and operations, BECAUSE of all of that. Complying with them is considered cost of doing business. If you can't, it means you're no longer fit for the market. And Boeing pretty clearly let the quality assurance required of them fail.
- water9 3y agoDo you know when people talk about aliens coming to visit? We only discuss whether they exist or not but nobody seems to have a problem with the fact that beings that can traverse solar systems also crash.
- water9 3y agoQantas flight 72… yea airbus is perfect derp
- mulmen 3y agoAs an investor you should know that past results are no guarantee of future performance. There’s no guarantee that airline travel continues to be safe.
- water9 3y agolol ok. I guess you pick Stocks with a roulette wheel.
- mulmen 3y agoThe 737 has had four major generations. Each were safer than the last until the 737 Max. The safety history of the 737 overall was not a reliable indicator of the safety of the 737 MAX. 737 hull losses per million departures: Original: 1.75 Classic: 0.71 Next Generation: 0.17 non-MAX (cumulative): 0.2 MAX: 4.0 This is the reason "past performance is not indicative of future results" is plastered all over every investment website.
- water9 3y agoI’m sorry to inform you that just because of plane crashes doesn’t actually change the value of the company at all. First off the plane was purchased by someone else already, so they lose the plane. Second Boeings orders are placed in advance. You have to put up half the money before they even start to build the plane nobody’s gonna back out. There were hundreds of crashes in the 1970s today. We average about one every three years. The Boeing 777 is the safest airplane of all time. Followed by the 767 followed by the 757. Member airbus just crashed, although wasn’t their fault but things happen. If anything, it shows how strong the aircraft is, that a door can blow off on the thing stay together. Do you remember the Hawaiian airlines flight?
- mulmen 3y agoYou seem to be missing the point that not all historical patterns repeat. Good luck with your investments.