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Subject:  Re: Boeing and self-certification Date:  3/14/2019  6:20 AM
Author:  SuisseBear Number:  554932 of 585515

Very interesting. One wonders whether Boeing‘s 2011 short term shareholder-value-induced decision to once more leverage the old 737 design would have turned out different without self-certification in place:

On August 30, 2011, Boeing's board of directors approved the launch of the re-engined 737, expecting a fuel burn 16% lower than the Airbus A320ceo and 4% lower than the A320neo.[8] Studies for additional drag reduction were performed during 2011, including revised tail cone, natural laminar flow nacelle, and hybrid laminar flow vertical stabilizer.[21] Boeing abandoned the development of a new design.[22] Boeing expects the 737 MAX to meet or exceed the range of the Airbus A320neo.[23] Firm configuration for the 737 MAX was scheduled for 2013.[24]

In March 2010, the estimated cost to re-engine the 737 according to Mike Bair, Boeing Commercial Airplanes' vice president of business strategy & marketing, would be $2–3 billion including the CFM engine development. During Boeing's Q2 2011 earnings call, former CFO James Bell said the development cost for the airframe only would be 10–15% of the cost of a new program estimated at $10–12 billion at the time. ...

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