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Jon Ostrower Profile picture
@jonostrower
Jul 29, 2020 • 5 tweets • 1 min read • Read on X
Boeing CEO Calhoun: 737 Max re-certification aimed at restarting deliveries in fourth quarter.
Boeing booked $7 billion in orders for its defense and space business during the second quarter.
Calhoun says more than 2,500 aircraft with 20+ years of service were in operation before the pandemic. Since then, Boeing has tracked more than 1,000 which have been formally retired.
Calhoun emphasizes retirements and replacement for future demand for aircraft. That will have a profound impact on Boeing and Airbus's most important suppliers, the engine makers.

MORE: bit.ly/3hwpjG5
Boeing CFO Greg Smith says that 6,000 employees have left the company as of June 30. The company's workforce will shrink by at least 10% and CEO Calhoun says it is examining further cuts.

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More from @jonostrower

Jon Ostrower Profile picture
Sep 13
A couple of early observations on the first day of the @IAM751 strike at @Boeing. First, this 2024 contract (which had the leadership's blessing) failed by a greater margin compared to the last time the machinists went on strike. In 2008, 87% voted to strike. In 2024 it was 96%.
Second, there was a major difference in the mood of then union members at the hall and on the picket lines just after midnight last night. I went back and listened to my audio from the 2008 contract vote. There was intense, white hot anger from the assembled crowd back then.
Last night, there was anger, but it was far more subdued by comparison -- and also focused. It's not that the union is any less militant in its approach, but I think the context for 2024 is inherently different than 2008.
Read 9 tweets
Jon Ostrower Profile picture
May 14
The families of the twin 737 Max crashes today received the following letter from the DOJ regarding its determination that Boeing was in breach of its 2020 deferred prosecution agreement.

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"The Department has determined that Boeing breached its obligations...by failing to design, implement, and enforce a compliance and ethics program to prevent and detect violations of the U.S. fraud laws throughout its operations."
Boeing confirms it's been notified of the breach: "We can confirm that we received a communication today from the Justice Department, stating that the Department has made a determination that we have not met our obligations under our 2021 deferred prosecution agreement,...
Read 5 tweets
Jon Ostrower Profile picture
Aug 16, 2022
I am pleased to report that with 25 years of reflection, I have always been me. June 1997: 7th grade English class project was to publish your own magazine, fake ads and all. Before there was @theaircurrent. Before there was FlightBlogger. There was SpaceWorld.
@theaircurrent Oh yeah, we had a website. It’s not there anymore. (I checked) All “published” a month before Pathfinder and Sojourner landed on Mars.
I’ve just started going through about 8 big boxes of stuff from my childhood that arrived last week from Boston. A whole lot of airplane photos that are now only good with 20 years of nostalgia attached. Grainy ACA 328Jet at Logan anyone?
Read 7 tweets
Jon Ostrower Profile picture
Jul 1, 2022
How did we get here?

The rumblings of a ~300 airplane Airbus deal date back to fall 2020, but all indications at that point suggested it would wait until after the U.S. presidential election. It was clear that the Max was a pawn in the geopolitical game. theaircurrent.com/china/737-max-…
In the closing days of the Trump administration, U.S. policy underwent a major shift that largely derailed China's own move toward cultivating a home-grown commercial aircraft capability to fly alongside Boeing & Airbus. theaircurrent.com/china/chinas-c…
In the opening months of the Biden Administration, the relationship between the U.S. and China got its first face-to-face test. It didn't go well. theaircurrent.com/china/us-china…
Read 9 tweets
Jon Ostrower Profile picture
Mar 2, 2022
We need to stop for moment and take stock of the abject evisceration of the Russian commercial aircraft fleet and airline market that is currently taking place.
Prior to the sanctions, Russia had one of the most active domestic aviation operations, a global highlight in an otherwise ailing airline market with the two-year pandemic. The market was actually ABOVE 2019 levels of traffic last summer.
Both Airbus and Boeing have announced suspension of parts and services to the Russian fleet, effectively cutting off maintenance support to Russian airlines. Local airlines have some capability to service their own, but they will quickly become paperweights.
Read 7 tweets
Jon Ostrower Profile picture
Feb 19, 2022
A lot of folks are going to be watching Downfall this weekend, the new @netflix documentary on the 737 Max. I had a chance to be a part of the film, offering technical & historical context drawn from my time reporting on Boeing. I wanted to share some additional reading.
November 7, 2018: Boeing issues 737 Max fleet bulletin on AoA warning after Lion Air crash theaircurrent.com/aviation-safet…
March 12, 2019: The world pulls the Andon cord on the 737 Max theaircurrent.com/industry-strat…
Read 11 tweets

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