Thursday, October 27, 2011

Dreamliner Update...

The first (and only) Dreamliner delivered enters service today (More then 4 years after it was first introduced).

Lots of concern still exists about the Dreamliner.

http://www.bloomberg.com/news/2011-10-21/boeing-dreamliner-s-composite-repairs-questioned-by-u-s-agency.html

Customers are still fleeing.

http://247wallst.com/2011/10/18/boeing-expects-more-dreamliner-cancellations-ba-cea-eadsy/

China cancels Dreamliners.

http://www.chicagotribune.com/business/sns-rt-us-airindia-boeingtre79p18p-20111025,0,6421395.story

India cancels Dreamliners.

http://news.businessweek.com/article.asp?documentKey=1376-LTKW551A1I4H01-5QLT883RM7FF3TNQEL6R25TKG5

Boeing needs to DELIVER 1,100 Dreamliners to make a profit.

“Boeing plans a fivefold jump in monthly 787 production to 10 by the end of 2013” (No chance this happens. It took them 4 years to deliver one.)

Meeting that goal would mean that Boeing would need just over a decade to deliver 1,100 planes (No chance this happens. If they want to know how long to make a profit they need to keep adding years. Lots of them.)

Amortized costs on the 787 won't include research and development expenses or the undisclosed amount Boeing spent to buy out a couple of struggling suppliers. The block size is based on the number of initial sales (Which are being cancelled everyday), airlines' options. So the 10 years to make a profit excludes the BILLIONS and BILLIONS of lost dollars caused by their outsourcing stupidty. So they are doing funny math to reach the conclusion they want to reach. Typical!

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