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FAA Grounds Dreamliners
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Forum:
Finances
Category:
Other
Miscellaneous
Thread ID:
01563061
Message ID:
01563201
Views:
52
>>>http://www.nbcnews.com/business/faa-grounds-all-boeing-787s-over-safety-concerns-1B7991426
>>>
>>>Japan Airlines and All Nippon Airlines did the same this morning.
>>>
>>>Seems the "Dreamliner" is really a "Nightmareliner"
>>
>>I just said to someone yesterday they should rename it the Flatliner.
>>
>>With Boeing based here in Chicago (at least corporately) there has been ongoing news about its trials and tribulations. Nightmare is right.
>
>A couple days ago I was fairly certain these "problems" were going to finally provide me an entry point to Boeing. I haven't owned them in several years and have been waiting for a significant pullback. Even with the grounding the market has barely registered.
>http://finance.yahoo.com/echarts?s=BA+Interactive#symbol=ba;range=5y;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
>
>This is a minor bug in the rollout of the world's most advanced passenger aircraft.
>
>That I cannot exploit the public hysteria, that's my nightmare. ;)
>
>Oh well, at least the anti-gun hysteria is at a fever pitch. ;)
>http://finance.yahoo.com/echarts?s=SWHC+Interactive#symbol=swhc;range=1m;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
>http://finance.yahoo.com/echarts?s=rgr#symbol=rgr;range=1m;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
>http://finance.yahoo.com/echarts?s=cab#symbol=cab;range=1m;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
>http://finance.yahoo.com/echarts?s=dks#symbol=dks;range=1m;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

Agreed that it is technologically advanced, not to mention almost unimaginably complex. I would not want to be in charge of quality control for it. I might never sleep again. Still, it doesn't matter how advanced it is if it catches on fire in mid-flight.

IMO this is an example of why the government is not axiomatically bad. I'm glad the FAA grounded the Dreamliner until the problem(s) can be fixed.
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