Drudge Retort: The Other Side of the News
Monday, July 08, 2019

Flyadeal, the low-cost Saudi Arabian airline, has cancelled an order for 30 Boeing 737 Max aircraft.

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Cool!

#1 | Posted by J_Tremain at 2019-07-07 05:26 PM | Reply

Apparently jet purchasers are more interested in good engineering than whether or not diversity and inclusiveness goals are met.

#2 | Posted by visitor_ at 2019-07-07 07:24 PM | Reply | Funny: 1

They might just set the bar at not crashing.

#3 | Posted by REDIAL at 2019-07-07 07:51 PM | Reply | Newsworthy 2

Well that's going to be hard on Boeing stock tomorrow.

#4 | Posted by Whatsleft at 2019-07-07 08:34 PM | Reply

Well that's going to be hard on Boeing stock tomorrow.

I doubt it. The Pentagon will still pay them huge money to ship stuff to Saudi and Israel.

Airbus is gonna kill them in the high efficiency A320/737 market if they don't get it together soon.

#5 | Posted by REDIAL at 2019-07-07 08:57 PM | Reply | Newsworthy 1

I sure hope all the wealthy stockholders were able get the word out to their friends to dump that stock in time.

#6 | Posted by donnerboy at 2019-07-08 05:35 PM | Reply

Well that's going to be hard on Boeing stock tomorrow.

#4 | POSTED BY WHATSLEFT AT 2019-07-07 08:34 PM | REPLY

It's several day old news. Boeing is still up over the last year. 341 to 355 despite the modest drop for this cancellation.

#7 | Posted by sitzkrieg at 2019-07-08 06:10 PM | Reply

a "modest drop" = $29 billion dollars lost.

And it has not hit bottom yet.

#8 | Posted by donnerboy at 2019-07-08 06:29 PM | Reply

Lead time for the 30 planes is long enough to hustle a new customer.

#9 | Posted by LesWit at 2019-07-08 06:51 PM | Reply

And it has not hit bottom yet.
#8 | POSTED BY DONNERBOY AT 2019-07-08 06:29 PM | REPLY

It went up before closing and settled at 351.12. Not a big deal for a stock that was 120ish 5 years ago.

#10 | Posted by sitzkrieg at 2019-07-08 07:58 PM | Reply

It's enough time to add one more switch to the ALS (Automatic Landing System).

Skidmark or Crater...

Normal landing switch is an optional accessory...

#11 | Posted by Pegasus at 2019-07-08 07:59 PM | Reply

Not a big deal for a stock that was 120ish 5 years ago.

Boeing stock is stable because it's most reliable customer is the limitless budget of the Pentagon.

#12 | Posted by REDIAL at 2019-07-08 09:36 PM | Reply

Boeing deserves to go out of business. They paid engineers overseas $9.00 per hour to design systems which eventually costs hundreds of people their lives. F Boeing. They have literally brought uncertainty into air travel due to their desire to raise profits at the expense of safety. I honestly hope their share holders lose every dime invested.

#13 | Posted by danni at 2019-07-10 07:12 AM | Reply

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