How Boeing Suppliers Plan to Survive the Aviation Crisis | WSJ

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  • Опубліковано 4 лип 2024
  • Boeing’s production cuts have sent shockwaves through the aviation industry, forcing suppliers to lay off thousands of employees. Tool Gauge reconfigured its operations just after opening a new facility in Tacoma, Wash., designed to manufacture Boeing parts. Photo: Joel Winter for The Wall Street Journal
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    #WSJ #Boeing #Aviation

КОМЕНТАРІ • 184

  • @lennarthoschke4333
    @lennarthoschke4333 3 роки тому +21

    At 2:35 there is a mistake concerning the Y axis of the graph. Instead of -75% it showed -175%

  • @mrmofdog
    @mrmofdog 3 роки тому +52

    Interesting graph at 2:36, goes -25-50 -175... -100 haha

  • @jifa17
    @jifa17 3 роки тому +22

    8:25, a second wave? The first one never ended!!

  • @joyleenstrozier4295
    @joyleenstrozier4295 3 роки тому +6

    Hi Wall Street Journal, I like your content. I love watching your videos.

  • @cnordegren
    @cnordegren 3 роки тому +29

    Blame Boeing for building a flying coffin.

  • @gunjanshrivastava5821
    @gunjanshrivastava5821 3 роки тому +31

    Boeing largest customer is China. Since tensions are rising between US & China, China may just ban Boeing.
    That will give Airbus and others huge advantage.

    • @khavaliar
      @khavaliar 3 роки тому +2

      A single plane supplier. After the 737 max issues that would be a huge risk. What if Airbus encounters issues? Relying on one player is a dangerous thing

    • @siyaaviation3659
      @siyaaviation3659 3 роки тому

      @@khavaliar Are you an avgeek

    • @siyaaviation3659
      @siyaaviation3659 3 роки тому

      @@khavaliar Because what airbus plane would be crashing the A320neo or A220

    • @dbclass4075
      @dbclass4075 3 роки тому

      @@siyaaviation3659 If history is a guide, possibly A320. They have a lot of crashes in their early days. Although, a lot of those are primarily pilot error.

    • @omega91006
      @omega91006 3 роки тому +1

      Don't forget China has its own brand soon, COMAC. Decrease order is a given in the future for both Boeing and Airbus. (Not totally yet as COMAC only has a narrow body).

  • @crashweaverda
    @crashweaverda 3 роки тому +31

    They really didn't even cover that Boeing is killing a couple aircraft and closing down there facility in Evert WA and shifting production to the Carolinas.

    • @HellaRandomVideos
      @HellaRandomVideos 3 роки тому +1

      Which is known for substandard quality control. The talent pool is not as strong in the Carolinas.

    • @orangeboy97
      @orangeboy97 3 роки тому +1

      Thanks to Jay Inslee raising taxes

  • @anuragkumargupta8313
    @anuragkumargupta8313 3 роки тому +5

    Big fan, wsj

  • @colsjit
    @colsjit 3 роки тому +17

    One thing people do not get into their heads is that this is COVID! ALL the projections are atleast 5 years too optimistic. 🥺

    • @marktheshark8320
      @marktheshark8320 3 роки тому +1

      Why do you say that? 5 years is a long time and the economy is already starting to improve

    • @codyzachary3047
      @codyzachary3047 3 роки тому

      If you cannot do great things, do small things in a great way it's not whether you get knocked down, it's whether you get up, be the boss today by investing in binary option and earn uncountable profit for yourself. Communicate with Mr James Hamilton to guide you.

    • @codyzachary3047
      @codyzachary3047 3 роки тому

      Email : Timcrul082@gmail.com

    • @codyzachary3047
      @codyzachary3047 3 роки тому

      Contact : + 1 9 7 3 5 2 4 6 6 9 2

    • @lokisg3
      @lokisg3 3 роки тому

      @@marktheshark8320
      Because Vaccine production is still unknown, you can research a vaccine but making large scale is challenging. Right now, vaccine research will be complete at the end of 2021 but to give everyone in the world will be end of 2024 if the vaccine pop up today.
      Most surviving airlines will just buy 2nd hand aircraft since they are plentiful and cheaper than buying brand new thus killing production on producing new aircraft. Yes, economy will recover but not Airlines, they be dead till 2025.

  • @BagusHutomo
    @BagusHutomo 3 роки тому

    4:41 That broom and dustpan are really fascinating...

  • @Suyess
    @Suyess 3 роки тому +11

    Is it just me or the y-axis on the graph at 2:36 makes no sense? lol.

    • @alexpelletier3477
      @alexpelletier3477 3 роки тому

      There's a typo, the graph does make sense. It should be written 75% instead of 175%.

  • @chansaicommerce1721
    @chansaicommerce1721 3 роки тому

    AWESOME !!!

  • @glennsugana4348
    @glennsugana4348 3 роки тому +4

    “Prodcution” - pls fix

  • @minik124
    @minik124 3 роки тому +5

    And here I am spending 150k + on an aviation degree from Embry-Riddle Aeronautical University.

    • @ag-bk5wf
      @ag-bk5wf 3 роки тому +1

      150k!! Are you nuts!?! I paid 25k of my BS ME degree.

    • @mp8129
      @mp8129 3 роки тому

      Run away from them before you hit $200K! like my son, and he’s jobless!!! They are a fraud!!

    • @minik124
      @minik124 3 роки тому

      @@mp8129 Sorry to hear that. I actually got accepted into the FAA academy for Air Traffic Control.

  • @vascoguerreiro6632
    @vascoguerreiro6632 3 роки тому

    Nice video

  • @brassicaolaraceaolaracea1115
    @brassicaolaraceaolaracea1115 3 роки тому +18

    if only it wasn't for the stupid engine placement and the infamous software, the 737Max would have been an awesome success and now, everyone, including the suppliers are paying the price

    • @billkgeorge
      @billkgeorge 3 роки тому +10

      Lesson: don't try one-upmanship on your competition. Just build good, stable products.

    • @johnstonefield1935
      @johnstonefield1935 3 роки тому +2

      There's a huge number of issues with the 737 Max. Trying to keep it "the same plane" for pilot certification and training advantages while meeting radically different modern design goals and using modern design techniques was a recipe for disaster. Good job emphasizing that "the suppliers are paying the price" instead of the hundreds of people killed.

    • @dbclass4075
      @dbclass4075 3 роки тому

      @@johnstonefield1935 To be fair, starving people will be dead soon.
      Besides, those two cannot be ignored.

  • @kariminalo979
    @kariminalo979 3 роки тому +4

    Boeing went the McDonnel way just like Douglas Aircraft was killed.

  • @amhr58
    @amhr58 3 роки тому +5

    Nobody works Fridays on the west coast anyways. Production jobs go nowhere. Companies nowadays expect employees to literally do anything (in terms of their job duties) without increase in pay or increase in formal position with the company. Start automating middle management jobs so production workers can throw their lives away for maybe a little more money.

    • @movingman07
      @movingman07 3 роки тому

      Look at what is happening at ExxonMobil with middle management employees

    • @akhilvarma1743
      @akhilvarma1743 3 роки тому

      Thats why china grew this large.....

  • @__Andrew_
    @__Andrew_ 3 роки тому +3

    Production note: Please spend your time getting your audio levels consistent between contributers rather than the 2020 fad of smothering the whole piece in annoying plonkety plonk "music"!!

  • @chansaicommerce1721
    @chansaicommerce1721 3 роки тому

    COOL

  • @bassboosted9708
    @bassboosted9708 3 роки тому

    What's a prodcution?

  • @o_Jeffrey
    @o_Jeffrey 3 роки тому +1

    4:11 typo *Prodcution --> Production

    • @PHlophe
      @PHlophe 3 роки тому

      produção !

  • @hooduhmuhwut
    @hooduhmuhwut 3 роки тому

    Prodcution?

  • @Sakuyushi
    @Sakuyushi 3 роки тому

    Never expected AFA has such an attractive CEO o.o

  • @antiapatic
    @antiapatic 3 роки тому +10

    i am more curios about when Boeing management will be prosecuted for murder?!

    • @adityamanjunath5030
      @adityamanjunath5030 3 роки тому +1

      True the 737 max was a shame!!

    • @catchgenerics8667
      @catchgenerics8667 3 роки тому

      Having a badly built plane is not the reason to be charged with murder. Everyone knows the risk when they get into an airplane

    • @antiapatic
      @antiapatic 3 роки тому

      @@catchgenerics8667 are you joking, right? or you have some investment in Boeing? Management was directly involved in the development of 737MAX and very well the reason why we had two crashes!
      Is unbelievable we still have comments like yours..

  • @germanesteves7956
    @germanesteves7956 3 роки тому

    A decade to recover... either this guy is depressive or we all are going to die.

  • @venkatbabu186
    @venkatbabu186 3 роки тому

    They are using crushers wine glasses to fix roads and tar overlay to avoid rats. Sometimes rubber tyres burst. Powder quality. Sometimes fly ash. Sometimes drainage waste sand.

  • @auro1986
    @auro1986 3 роки тому

    they can supply tupolev and sukhoi but get half salary to survive

  • @djp1234
    @djp1234 3 роки тому

    The aviation industry can be saved if they convert their planes to the type that was in the movie "The Fifth Element." Put every passenger inside a sealed cabin.

  • @kunalagarwal9436
    @kunalagarwal9436 3 роки тому

    Someone at WSJ is regretting the Production Mistake at 5:10

    • @orangeboy97
      @orangeboy97 3 роки тому

      And at 4:10, someone needs to learn how to spell production

  • @reedcooper8817
    @reedcooper8817 3 роки тому +65

    The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich

    • @jamescoleman6210
      @jamescoleman6210 3 роки тому

      You're right sir, Thanks for introducing me to Mr Logan

    • @lauracermak6225
      @lauracermak6225 3 роки тому

      You see many people remain poor because of ignorance

    • @joebrutto9038
      @joebrutto9038 3 роки тому

      Not because of ignorance, but because of too many scammers in the business

    • @jamescoleman6210
      @jamescoleman6210 3 роки тому

      @@joebrutto9038 There are scammers but there are also real brokers out there looking for investors

    • @jamescoleman6210
      @jamescoleman6210 3 роки тому

      My first investment with Mr Logan gave me profit of over $24,000 Us dollars and ever since then he has never failed to deliver and I can even say he's the most sincere broker I have known

  • @generalx5220
    @generalx5220 3 роки тому

    Me dad always said, a business that doesn’t make money isn’t a business.

  • @jasonsj
    @jasonsj 3 роки тому +6

    1:09 Arya Stark? Is that you?!

    • @Peizxcv
      @Peizxcv 3 роки тому +4

      Arya aren’t as good looking

  • @siyaaviation3659
    @siyaaviation3659 3 роки тому

    The 777x isn't in production yet maybe an avgeek should have done this article 🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️

  • @ag-bk5wf
    @ag-bk5wf 3 роки тому

    75% Boeing...no diversified. 100% commercial aerospace too a bet.

    • @garrycharlies936
      @garrycharlies936 3 роки тому

      There are only two main companies make planes, One in Airbus in Europe and 2nd is Boeing... where do you expect them to diversify? Maybe they do have 1000's of other clients in other industries but only a handful of industrial companies need tools worth Billions.

  • @francischan57c
    @francischan57c 3 роки тому +1

    FORGET BOEING. TURN TO SPACE X

  • @hoponasu2471
    @hoponasu2471 3 роки тому

    Everyone knwos about the aerospace industry news pls report on auto industry - its down too and has global reach.

  • @the_knoph
    @the_knoph 3 роки тому +4

    I work in the industry, and I've seen some of the brightest minds let go. It looks like recovery is a way's away, with Boeing announcing another 7,000 job cuts. At least the '37 MAX is closer to re-cert. I'll take that!

    • @omega91006
      @omega91006 3 роки тому +1

      You know Boeing is doing a review of the cut every three months now which means possible more cut every three months.

    • @the_knoph
      @the_knoph 3 роки тому

      @@omega91006 that's believable and expected in this climate, really

  • @JamielDeAbrew
    @JamielDeAbrew 3 роки тому +1

    I suspect that 5G and fibre internet growth will also slow their recovery.

  • @Telencephelon
    @Telencephelon 3 роки тому

    There is no good alternative to breathing

  • @mohamedamr6360
    @mohamedamr6360 3 роки тому

    Boeing also has an unhappy history in the aviation crisis.

  • @ericpham8205
    @ericpham8205 3 роки тому

    If Navy push through the double body being 777 with aircraft hanger in the middle as air craft carrier for testing heart land air craft carrier for faster response and safe operation and time response. Change wiring to flat wire and laser beam wiring inside the PC pipe to reduce signals leak. This contract could ease Boeing hard time

    • @ericpham8205
      @ericpham8205 3 роки тому

      Inflated space module for good for NASA. And new engine of sideways arrangement as anti gravity and hot electric air using electric heater

    • @ericpham8205
      @ericpham8205 3 роки тому

      Converting the grounding planes to recover cost and use for military Poseidon P8 anti submarine airplane

    • @ericpham8205
      @ericpham8205 3 роки тому

      Jet age is over. Because air density can be manipulated and gravity generator could add extra weight up to 5 time normal weigh and that dangerous

  • @j.k.ravshanovich
    @j.k.ravshanovich 3 роки тому

    Uzbekistan Airlines has renewed domestic flights, and it has not affected daily cases a bit. You can't take off your mask until you leave the airplane and the premises of the airport.

    • @jamescoleman6210
      @jamescoleman6210 3 роки тому

      You're right sir, Thanks for introducing me to Mr Logan

  • @logicmdewet1611
    @logicmdewet1611 3 роки тому

    Luckily you are a rich country with rich people.. don't worry.

  • @tomurko
    @tomurko 3 роки тому +1

    Prodcution

  • @mrpmj00
    @mrpmj00 3 роки тому +1

    I bought Amazon, Apple, Nvidia, Facebook, Microsoft, Google, Wells Fargo,
    CRM, , Broadcom (AVGO), Adobe, Docu

  • @kaizerkempfer2468
    @kaizerkempfer2468 3 роки тому

    Well Its time for Boeing to GO

  • @drmdmd1
    @drmdmd1 3 роки тому +1

    Lay everyone off, move production over seas

  • @synthecr6874
    @synthecr6874 3 роки тому +6

    Idk that "wall street journal" never give ❤to anyone!✌ how many wanted a ❤ or a reply from them!! **Including me** 💯

    • @Boeing-ER-jy9vq
      @Boeing-ER-jy9vq 3 роки тому +1

      You're just trying to get attention

    • @synthecr6874
      @synthecr6874 3 роки тому +1

      @@Boeing-ER-jy9vq get ur head a nice shake then reply

    • @Boeing-ER-jy9vq
      @Boeing-ER-jy9vq 3 роки тому +1

      @@synthecr6874 Get a life and then think of a good comeback

    • @synthecr6874
      @synthecr6874 3 роки тому +1

      @@Boeing-ER-jy9vq I have a life better than u🤣

  • @SuperDahalo
    @SuperDahalo 3 роки тому

    How old is that aerospace alliance CEO? 15?

  • @tucuruicomercioerepresenta2308
    @tucuruicomercioerepresenta2308 3 роки тому

    I wanted to fly to US, but the white house dont let It yet...
    Take those restrictions off and see the flights coming back..

  • @RamjiRao_Listening
    @RamjiRao_Listening 2 роки тому

    Mallus arelum undo ?? Adi like

  • @scottgriffin5360
    @scottgriffin5360 3 роки тому +3

    More like 3rd wave

  • @QuestionEverythingButWHY
    @QuestionEverythingButWHY 3 роки тому +6

    “Luck is what happens when preparation meets opportunity.”
    ― Seneca

  • @btbjustjohnny
    @btbjustjohnny 3 роки тому +4

    The girl is cute and lovely.

  • @QuestionEverythingButWHY
    @QuestionEverythingButWHY 3 роки тому +4

    “Failure is only the opportunity more intelligently to begin again.”
    --Henry Ford

  • @anyanyanyanyanyany3551
    @anyanyanyanyanyany3551 3 роки тому +1

    Boeing is f-cked. Thank goodness I didn't get an aerospace degree.

    • @dbclass4075
      @dbclass4075 3 роки тому

      You haven't considered Airbus? They have an assembly plant in Alabama. There are a lot of American aircraft manufacturer to choose from:
      • Air Tractor
      • Beechcraft
      • General Electric
      • Gulfstream Aviation
      • Hawker Beechctaft
      • ICON Aircraft
      • Lockheed Martin
      • Mooney International Corporation
      • Northrop Grumman
      • Piper Aircraft
      • Pratt and Whitney
      • Textron Aviation

  • @QuestionEverythingButWHY
    @QuestionEverythingButWHY 3 роки тому +6

    “In the middle of difficulty lies opportunity.”
    --Albert Einstein

  • @eprofessio
    @eprofessio 3 роки тому

    Sabotage on a mass scale. Think like an “economic hit man” start with simple things that all add up to a huge problem and here we are. Many little problems adding up to a degenerative state. The problem is we find it impossible to think like evil on a mass scale so it is hard to put all the little pieces together that are leading us straight to our collective demise. For the most part we and representatives are to drunk, stoned, high and preoccupied with sex/self gratification to see what is really happening.

  • @judsonmeraw6294
    @judsonmeraw6294 3 роки тому

    What about air pollution, noise pollution, tourism pollution, microbe transportation to 4 corners of the earth, overdevelopment, and nasty people and attitudes moving around like a virus of sociopathetic madness!

  • @RoelCandaeleARTISTSPAGE
    @RoelCandaeleARTISTSPAGE 3 роки тому +1

    😘

  • @TravelWithAlexander
    @TravelWithAlexander 3 роки тому +3

    First!

  • @marza339
    @marza339 3 роки тому

    Can I get a heart?

  • @Mikekhoh
    @Mikekhoh 3 роки тому

    Airlines business is dead, you know that right

    • @muzic4lyfe2005
      @muzic4lyfe2005 3 роки тому

      No it isn't. You are misinformed, you know that right?

  • @othoapproto9603
    @othoapproto9603 3 роки тому

    This is what you get when you build a business model around an industry as selfish and fragile as the tourist industry. It never made sense why I would board a plane to vacation when I haven't seen a fraction of the location around my home within driving distance. It's upside down as driving 30min or more a day to work when we should be able to buy/rent within walking/biking distance from work.

  • @antoniorsoftware
    @antoniorsoftware 3 роки тому

    How old is that "woman", looks like a high school kid ?

  • @johnnyjai6804
    @johnnyjai6804 3 роки тому

    中美終於在1979年正式建交,中美建交後美國口說支持一個中國政策,其實暗底裡仍然支持逃去臺灣國民黨搞兩個中國,現在美國暗裡支持臺灣搞獨立。中美建交後兩國經歷過大大小小起起落落風浪,但有一樣東西美國對中國從未改變過就是要征服和控制中國,不論美國誰人做總統都會改變,因此所有中國人必須時刻警剔
    近來失常老人頻頻唬嚇中國要同中國斷絕外交玩中美脱勾,並要同中國臺灣省政權建立正式外交關係,如果他真的這樣做,那麼失常老人非常短視,有大選,偏要挑小,必然因小失大。今天中國有14億人口龐大市場,2O18年國民生產值GDP超過13多萬億美元,中美兩國貿易總金額高達5000多億美元。反觀中國臺灣省人口2300萬,臺灣省國民生產值GDP只有5000多億美元。如果美臺真的建交後美國從前大量賣給中國農作物知賣去什麼地方?美國從前大量賣給中國芯片知賣去什麼地方?美國從前大量賣給中國民用飛機知賣去什麼地方?難道失常老人認為小小臺灣省能替代整個中國巿場所有損失嗎?並能讓美國公司賺大錢嗎?給美國高智商官員一句沒料到所失的竟以是我的所有
    在美國凡事損害美國幕後權勢利益集團總統都沒有好下場,輕微得到權勢利益集團支持能再連任,嚴重像林肯和甘乃迪被人暗殺幹丢,此兩人就是嚴重損害美國權勢利益集團利益。美國總統林肯因解放黑奴政策引發南北兩面勢力集團利益衝突,最後沒有好下場被暗殺。美國總統甘乃迪因古巴導彈危機差點引發美俄兩國核戰爭爆發,差點一鋪把美國人富裕家當輸光,古巴危機後他搞競選活動時被人暗殺幹丢,歷史會會???😭😭😭

  • @hmmmm4446
    @hmmmm4446 3 роки тому

    Boeing is worse factory...i more prefer airbus than Boeing

  • @suzannes7493
    @suzannes7493 3 роки тому +2

    Boeing is awful. Airbus is so much better.