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I thought that was a bullet proof vest
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Mar 17, 2019 20:52
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slidebite posted:Here you go
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Mar 17, 2019 20:52
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I mean the correct drone is the lights on top of a crane
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Mar 17, 2019 21:00
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Previa_fun posted:That would have been hilariously expensive and I wonder how well you could fly in tight formation with a swing-wing. The Tomcat has a manual wing sweep selector. They could have just selected full aft for tight formation passes. It would have added some cool sweep/unsweep dynamics to the show for sure.
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Mar 17, 2019 21:49
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Also the Blues are to receive and start transitioning to Super Hornets next year, and shortening their show. https://theaviationgeekclub.com/former-blue-angel-talks-about-teams-transition-to-super-hornet-and-new-airshow-routine/ I'm calling the dirty loop and solo tuckaway cross/opposing turns are going away.
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Mar 17, 2019 22:04
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https://www.abc.net.au/news/2019-02-01/sofia-flying-telescope-occultation-chasing-shadow-titan/10635802 Here's some Aeronautical Insanity for you, a 747SP with a big hole in it for a telescope.
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Mar 18, 2019 04:33
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https://www.seattletimes.com/busine...lion-air-crash/quote:
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Mar 18, 2019 05:24
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Time to watch Boeing stock, I guess.
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Mar 18, 2019 05:29
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Everytime I read more about the 737max cluster it just gets amazingly worse
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Mar 18, 2019 05:32
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It looks like they rowed themselves up poo poo creek and then threw away the paddle, yes.
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Mar 18, 2019 05:36
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PT6A posted:It looks like they rowed themselves up poo poo creek and then threw away the paddle, yes. And they didn't assess the safety impact of a padde-less creek entry seriously enough.
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Mar 18, 2019 06:21
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According to the Wall Street Journal, the Department of Justice has gotten involved and gone so far as to subpoena Boeing and the FAA: https://www.wsj.com/articles/faas-737-max-approval-is-probed-11552868400?mod=hp_lead_pos1
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Mar 18, 2019 15:16
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Betcha Boeing is feeling real happy about all the military poo poo they have going on, because I think they're going to take a fairly thorough beating on the civilian side of their business from this thing.
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Mar 18, 2019 15:51
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Where is the dude that was saying we're all idiots and it was a nothing burger.
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Mar 18, 2019 15:53
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In the oval office.
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Mar 18, 2019 15:55
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TTerrible posted:Where is the dude that was saying we're all idiots and it was a nothing burger. If you're referring to me, you are all still idiots. Not because of this, just in general. I know I am. In the grand scheme of things, it is a nothing burger. Boeing shares will dip for a few months and in a couple of years it'll be like nothing happened. People will still fly. Airlines will still try to save money in any way they can. Boeing will still be building airplanes.
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Mar 18, 2019 16:06
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Finger Prince posted:If you're referring to me, you are all still idiots. Not because of this, just in general. I know I am. In the grand scheme of things, it is a nothing burger. Boeing shares will dip for a few months and in a couple of years it'll be like nothing happened. People will still fly. Airlines will still try to save money in any way they can. Boeing will still be building airplanes. I honestly can't remember who it was. I mean, yeah there is no way this is going to sink Boeing but it is being taken pretty seriously now. I never claimed I wasn't an idiot, that would be extremely dishonest.
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Mar 18, 2019 16:12
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It's not a nothing burger, but a something poo poo sandwich in the great breakfast buffet we call life.
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Mar 18, 2019 16:17
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Sperglord posted:According to the Wall Street Journal, the Department of Justice has gotten involved and gone so far as to subpoena Boeing and the FAA: Well poo poo. Lawsuits from passengers families to airlines and everyone in between is going to be interesting.
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Mar 18, 2019 16:27
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Sperglord posted:According to the Wall Street Journal, the Department of Justice has gotten involved and gone so far as to subpoena Boeing and the FAA: When did all this supposed weirdness with the FAA being forced to hand testing off to Boeing happen?
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Mar 18, 2019 16:59
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The MAX is like 40% of our revenue right now so everyone here is pretty much sitting with our buttholes clenched, if they have to slow production the whiplash in the supply chain after the ramp up to 52 units a month is going to be immense
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Mar 18, 2019 18:18
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Jealous Cow posted:When did all this supposed weirdness with the FAA being forced to hand testing off to Boeing happen? Did the FAA ever have the ability and authority to do testing themselves?
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Mar 18, 2019 18:26
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Finger Prince posted:If you're referring to me, you are all still idiots. Not because of this, just in general. I know I am. In the grand scheme of things, it is a nothing burger. Boeing shares will dip for a few months and in a couple of years it'll be like nothing happened. People will still fly. Airlines will still try to save money in any way they can. Boeing will still be building airplanes. “A few hundred people died due to corporate incompetence, there’s a federal investigation which may most likely lead to at least one if not several members of a Fortune 500 company’s leadership and the loss of tens, if not hundreds of millions of dollars in value and a severe hit to the corporation’s reputation a global market facing increasing competition, but yeah, total nothingburger” 🙄
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Mar 18, 2019 18:49
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Cocoa Crispies posted:Did the FAA ever have the ability and authority to do testing themselves? https://www.seattletimes.com/busine...lion-air-crash/ quote:As Boeing hustled in 2015 to catch up to Airbus and certify its new 737 MAX, Federal Aviation Administration (FAA) managers pushed the agency’s safety engineers to delegate safety assessments to Boeing itself, and to speedily approve the resulting analysis. Answered my own question. It was 2015. Thanks, Obama
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Mar 18, 2019 19:19
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ManifunkDestiny posted:“A few hundred people died due to corporate incompetence, there’s a federal investigation which may most likely lead to at least one if not several members of a Fortune 500 company’s leadership and the loss of tens, if not hundreds of millions of dollars in value and a severe hit to the corporation’s reputation a global market facing increasing competition, but yeah, total nothingburger” 🙄 Won't somebody please think of the shareholder value!
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Mar 18, 2019 19:19
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Finger Prince posted:Won't somebody please think of the shareholder value! 
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Mar 18, 2019 19:27
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vuk83 posted:I don't get it? I think it's referring to the 'gatwick drones' turning out to most likely have been plastic bags.
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Mar 18, 2019 19:27
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ManifunkDestiny posted:“A few hundred people died due to corporate incompetence, there’s a federal investigation which may most likely lead to at least one if not several members of a Fortune 500 company’s leadership and the loss of tens, if not hundreds of millions of dollars in value and a severe hit to the corporation’s reputation a global market facing increasing competition, but yeah, total nothingburger” 🙄 It's a $200B+ company. Each loss if $100M in payouts is 0.05%. The random noise in their share-price before this happened was literally 100x bigger. Even once you factor in compensation to customers, in the long run this won't loving dent them. (And do you really think any politician in office would let them fail?)
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Mar 18, 2019 19:32
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Finger Prince posted:Won't somebody please think of the shareholder value! Don't worry I'm thinking about it I think you're right, by the way. Boeing is going to lose a ton of money over this but it is very unlikely to go bankrupt and the 737 will ultimately be fixed. I certainly wouldn't want to be a Boeing executive paid in stock right now.
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Mar 18, 2019 19:40
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Mortabis posted:I certainly wouldn't want to be a Boeing executive paid in stock right now. I know, right? They need that money to bribe their children into an elite university!! OK, interest check: I found this in the libriary. I could scan and post the whole thing with modest effort if enough pilots/mechanics find it cool. Or is this already online?      
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Mar 18, 2019 20:10
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Nebakenezzer posted:I know, right? They need that money to bribe their children into an elite university!! Unnngghhh that design work 
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Mar 18, 2019 20:15
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double delux class 
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Mar 18, 2019 20:17
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Mortabis posted:
I don't know how this works, but unless they're paid on the change in stock value instead of the stock value itself this would likely be still a lot of money in absolute terms? So yeah I'll take that deal if they don't want it.
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Mar 18, 2019 20:27
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Jealous Cow posted:Unnngghhh that design work I’d buy that for my coffee table.
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Mar 18, 2019 21:14
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This shitstorm isn't going to have huge concentrated effects like Boeing going bankrupt, it's going to have millions of small ripple effects. Part suppliers for the plane are going to get hit hard from production stoppage after such a quick ramp up. Some airlines are going to be stuck with choosing between cancelling orders if they can or hoping that some combination of Boeing and their own spin will calm customer concerns to the point where they won't lose fares to airlines that aren't using the MAX. No matter what they choose, the timings of adding planes to their fleet are going to be affected. Reviews of the certification process could delay new planes like the 777x from entering service. We also don't know if the MAX will be cleared to fly after this latest software fix since the whole certification process has been called into question. It may be a lot longer before they are allowed to fly again.
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Mar 18, 2019 21:28
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AlexanderCA posted:I don't know how this works, but unless they're paid on the change in stock value instead of the stock value itself this would likely be still a lot of money in absolute terms? So yeah I'll take that deal if they don't want it. I'm sure their executives see any drop as a chance to buy more stock for themselves.
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Mar 18, 2019 21:32
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Mortabis posted:I certainly wouldn't want to be a Boeing executive paid in stock right now. FuturePastNow posted:I'm sure their executives see any drop as a chance to buy more stock for themselves. If you're stupid enough to get stock from your employer and not hedge it, go ahead and buy more.
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Mar 18, 2019 22:59
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Mortabis posted:I certainly wouldn't want to be a Boeing executive paid in stock right now. I would. I'd just have to make peace with being obscenely wealthy rather than godly wealthy. It's would be tough, but I think I'd make it.
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Mar 18, 2019 23:06
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Whether executives are or are not buying their own stock at retail price is a great indicator of internal perception of future value. I would not take it as a given that Boeing execs right now would do that.
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Mar 18, 2019 23:22
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AlexanderCA posted:I don't know how this works, but unless they're paid on the change in stock value instead of the stock value itself this would likely be still a lot of money in absolute terms? So yeah I'll take that deal if they don't want it. Typically they're given call options, so yes if the stock price goes down those options are worthless. (They get other compensation as well of course). e: simple explanation of how this works: a call option is an option to buy shares of the stock at a particular price (called the strike price) on or before a particular date. So if the stock price is above the strike price, you can make money by executing the option and selling the stock. If it's below, then you don't exercise the option at all and get $0. Executives get them and then try to make the stock price go up so that they can make a ton of money on their options. Because of odd tax rules regarding performance-based pay for executives, this forms an increasingly large portion of their compensation. Mortabis fucked around with this message at 23:58 on Mar 18, 2019 |
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Mar 18, 2019 23:43
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