787s...

[Bodhi]

Did you ground the entire fleet of 777s at any time?

We took several out of service at the same time which amounted to the aircraft we had on hand and communicated with Boeing who in turn had their engineers examine problems.  Again, the difference is that the media did not latch onto this stuff as it does today.  Of all the things to happen too date, the battery issue is the biggest issue.  As mentioned by a former 767 captain and what I feel is a great assessment of the issue, if there is an overcharge problem and they can not stop it, than that is a serious issue as those lead to thermal overloads and those fires are almost impossible to extinguish in flight.

Either way, they will find the problem and fix the issue.  The windscreen crack and the fuel issues could be several different things that are not indicative of the entirety of production.

[Tupac]

The Screamliner

[Ripsnort]

My recommendation is to sell any Boeing stock you have. All of it. By the COB today. The sooner the better (Because I'm getting rich from buying low, selling at ceilings over the past 5 years.  )

Boeing's 787 Issues: Big Problem, Or Just Growing Pains?

Boeing With the constant media swirl around Boeing’s (BA) new 787 Dreamliner, it’s no wonder a series of recent hiccups including a fire and fuel leak prompted an uproar and garnered worldwide attention -- but perhaps it’s all been a bit overblown.

In just five days, there was a fire in a grounded Dreamliner’s auxiliary battery pack, several fuel leaks and a crack in a cockpit window, all mounting on a two-year production delay following lofty delivery promises by Boeing and a series of setbacks that have plagued the 787 since its commercial introduction in 2011.

Yet, it appears more a PR black-eye than anything. While critics say the issues are serious and must be immediately addressed, supporters are trying to suffocate what they believe is a massive overreaction.

“What we’re seeing are issues of bringing any new technologically-advanced product into service," said FAA Administrator Michael Huerta.

The Dreamliner undergoes some 150 flights daily and has flown more than one million passengers since 2011. During the FAA approval process, it logged more than 200,000 flight hours. At the same time, last Monday’s fire has been traced to lithium-ion batteries that only operate when the jet is shut down.

The flying public nevertheless has become stuck in the middle of what seems like a nasty divorce between the media and Dreamliner. The media, at times idolizing the jumbo jet’s fuel efficiency and modern design, has fueled a firestorm against Boeing in the wake of the fire.

The Federal Aviation Administration launched a “comprehensive” probe on Friday into the 787’s critical systems, but still seemed broadly supportive of the world’s first carbon-composite aircraft.

Stifel Nicolaus analysts said they believed the FAA decision was “driven by the media focus,” to reassure fliers, and Oppenheimer earlier in the week said it was “growing convinced” that the issues were just teething problems, possibly even “pedestrian operational hitches,” that were “merely being magnified by the 787’s media glow.”

The A380's "Scary" First Few Months

All new jets suffer early in-service issues and the 787 is no different. Just take a look at the Airbus A380, the world’s largest passenger jet.

The super jumbo jet, which made its first flight in 2005 and began commercial service to much fanfare in October 2007 with Singapore Airlines, faced a slew of serious, at times scary, hiccups in its first few years.

The jet, designed to challenge Boeing’s hold on the market, quickly became one of the most impressive commercial aircraft of all time after its first few test runs ran perfectly. However, problems began shortly after with production delays.

In 2010, an A380 operated by Qantas experienced an uncontained engine failure when its Rolls-Royce engine exploded, forcing the Australian carrier to make an emergency landing in Singapore.

On inspection, cracks were discovered in fittings within the wings, which led the European Aviation Safety Agency in January 2012 to issue an airworthiness directive affecting 20 A380s that together accumulated more than 1,300 flights.

In November 2012, another A380, this one operated by Emirates Airline, made an emergency landing in Sydney after suffering an engine fault shortly after takeoff.

“Scary things happened in first seven months,” Bob Herbst of AirlineFinancials.com said of the A380.

In fact, major adverse events occur every day in the airline industry, most people are just usually unaware due in part to today's highly-trained pilots and meticulous back-up systems.

The Dreamliner just so happens to be the aviation sector’s version of a celebrity, which makes its every move – good or bad – newsworthy.

The Media Glow's Impact

That’s not to say wide reporting of the 787’s missteps is not warranted. When a jet catches fire the way it did last Monday, passengers want and should know about it, hiccup or not.

A report by BB&T Capital markets on Tuesday raised some of the flying public's obvious concerns: If a fire can spark on the ground, what’s stopping the same thing from happening in the air? If an engine can leak 40 gallons of fuel on its away to take off, how is one to know that won’t occur mid-flight?

"Anything that causes a fire, no matter how small, is an issue,” Stifel Nicolaus analysts said in a note.

However, the aerospace sector seems to think the recent mishaps wouldn't have served as a major danger to passengers. They also believe there is a potentially easy, near-term fix.

“In our opinion, the [FAA's] focus is appropriate as other issues reported in the news are minor and occur regularly on many aircraft types in the global fleet,” said Stifel Nicolaus, which reiterated its “buy” rating on Boeing on Friday.

Boeing’s shares, which have only fallen about 3% over the last five trading days despite all the negative publicity, closed up 1.85% to $76.55 on Monday.

Herbst said the negative publicity was “over blown” but blamed much of the bad press on Boeing for making false promises about the Dreamliner’s delivery timetable.  He expressed optimism that the jet's many amenities will “far outweigh any of the negative.”

“The 787 is a fantastic airliner and will create a measurable positive to the airline industry,” Herbst said. "I’d hate to see too much [negative] media destroy that anticipation and excitement people should have.”

It's worth mentioning that while the 787 problems have raised broader flight safety concerns, aircraft safety continues to improve and there hasn’t been a commercial airline fatality in the U.S. since 2009.

It's unclear whether the recent problems will give pause to carriers. United Airlines (UAL) said it's "continuing to work closely with Boeing." Attempts to reach Delta (DAL

 
DELTA AIR LINES INC.
) were unsuccessful.


Read more: http://www.foxbusiness.com/industries/2013/01/14/dont-fret-over-boeing-787-snafu/#ixzz2IA1I3yOI

[Hoarach]

If I remember correctly, didnt the Airbus A380 have a lot of issues in its first several months of operations as well?  Isnt it common for new planes to have issues in their early careers?

[Tupac]

If I remember correctly, didnt the Airbus A380 have a lot of issues in its first several months of operations as well?  Isnt it common for new planes to have issues in their early careers?

You mean the skytanic?

Yeah it had some issues, but the 787s are comparable if not worse.

[Ack-Ack]

Sounds like a design flaw. Somebody got complacent and didn't do their homework.

I blame Rip.

ack-ack

[Vulcan]

I blame Rip.

ack-ack

yup, obviously short cuts have been used in exchange for AH2 game time

Air New Zealands dreamliners might turn out to be big fat lemons: http://www.stuff.co.nz/business/industries/8168580/Dreamliner-NZ-US-flights-questioned

[Groth]

 Sell that Boeing stock(not that you ever owned any, could you even afford to?). Love to buy it cheap.
JGroth

[GScholz]

If I remember correctly, didnt the Airbus A380 have a lot of issues in its first several months of operations as well?  Isnt it common for new planes to have issues in their early careers?

Not really. I'm surprised at how little teething problems the A380 has had. There was one major issue with the L-brackets in the wings, but that turned out to be an assembly issue. One engine blew up in flight, but neither Airbus or Boeing makes the engines that power their aircraft.

The only issue I find worrying with the 787 is the electrical fire hazard. That's bad on a long haul flight over the Pacific...

[flight17]

This wasn't the only incident.  There have been three or four incidents this week.  Two Japanese airlines have grounded them now.  You don't do that to your best money making aircraft without a real reason.

The 777 never had these kinds of problems.

There have been three major issues, but there have been multiple reports of things that were in reality normal.

And Yes the 777 did. However, that was 20 years ago when social media and instant news reports didn't exist. And you also didn't have some average Joe being able to report something in his blog and be considered a reliable source or an expert in the field by other news reporting organisations like you have today.

[eagl]

Remember those pictures of people burned by cellphones that caught fire?  Imagine a cellphone the size of an airliner catching fire   

Seriously, battery fires are really bad and wrapping battery fires with carbon fiber which turns really really nasty when it burns is pretty scary.  I've had a little training from the AF safety school on what happens when a modern aircraft made with composites burns, and I don't want to be anywhere near that.  And I don't want to be downwind from the wreckage either, even if it doesn't burn. 

[MrRiplEy[H]]

The dreamliners were just grounded in the whole Europe.

[FTJR]

http://seattletimes.com/html/businesstechnology/2020149011_787batterydamagexml.html

[rpm]

The only issue I find worrying with the 787 is the electrical fire hazard. That's bad on a long haul flight over the Pacific...

Why do you say that?

[GScholz]

I'm sorry, but I don't get the reference.