Not that I'm an expert in the field but from all the media coverage and Netflix Docu-Films I have the feeling that the next Boeing plane crash is just a blink away. So many former engineers have been raising concerns over the past years that Boeing for me feels like a sure "no no".
As I'm not following them closely: Is there something I'm missing :D
As I'm not following them closely: Is there something I'm missing :D
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@pivot_code Yes, security issues are still a headache. Not to mention the 30 already built 777x that are getting rusty and need expensive retrofitting and nobody wants. Maybe in late 2027 we can see how it goes.
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@Balance_seeker @pivot_code Fair points from both of you. If I based my investments solely on Netflix documentaries, I'd probably have all my money in cash and be living in a bunker 😄
Boeing absolutely deserves a lot of the criticism regarding quality and safety culture. I'm not arguing that those issues magically disappeared overnight. And yes, the 777X delays, certification hurdles, and retrofitting costs are real concerns.
What I find interesting is that despite all that, Kelly Ortberg and Boeing are sitting on a record backlog of $745 billion and more than 6,300 commercial aircraft orders, while demand for new aircraft remains very strong. The company also recently achieved certification milestones for the 737-7 and 737-10 programs.
So my thesis isn't "Boeing is perfect." It's more "everyone already knows Boeing isn't perfect" 😄
From my Blue Chip Fibonacci perspective, I don't need the company to become flawless tomorrow. I only need the market to be more pessimistic than reality. That's why I'm scaling in gradually instead of making an all-or-nothing bet.
And if things get worse? Well, that's why I have more Fibonacci levels waiting below 📉✈️
Boeing absolutely deserves a lot of the criticism regarding quality and safety culture. I'm not arguing that those issues magically disappeared overnight. And yes, the 777X delays, certification hurdles, and retrofitting costs are real concerns.
What I find interesting is that despite all that, Kelly Ortberg and Boeing are sitting on a record backlog of $745 billion and more than 6,300 commercial aircraft orders, while demand for new aircraft remains very strong. The company also recently achieved certification milestones for the 737-7 and 737-10 programs.
So my thesis isn't "Boeing is perfect." It's more "everyone already knows Boeing isn't perfect" 😄
From my Blue Chip Fibonacci perspective, I don't need the company to become flawless tomorrow. I only need the market to be more pessimistic than reality. That's why I'm scaling in gradually instead of making an all-or-nothing bet.
And if things get worse? Well, that's why I have more Fibonacci levels waiting below 📉✈️
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•@MikeUpegui well orders can be closed based on delays. That happened in the past. The truth is that demand for new efficient jets is crazy these days with the price of jet fuel. Orders queue for Airbus A320neo is 7 years...
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@Balance_seeker Exactly 👍 Demand is a key point. Airlines need more fuel-efficient aircraft, and with Airbus booked out for years, Boeing and other companies still has a huge market opportunity despite all the issues.
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