BLACKSTONE YOU CAN WATCH THE
FULL WIDE
RANGING INTERVIEW AND CENTER
DOT COM CHECK THAT OUT SHOULD
BE VERY INSIGHTFUL PIECE THERE
THAT'S RIGHT.
>> OK WELL MOVING ON NOW TO
BOEING MORE BAD NEWS FOR THE
COMPANY AS THE DELIVERY
NUMBERS HERE NEARLY HALVED IN
THE FIRST 9 MONTHS OF THIS YEAR
AS THE PLANE
MAKER CONTINUED TO
STRUGGLE WITH THAT THE
GROUNDING OF ITS BEST SELLING
7.37, MAX JETS DELIVERIES.
COMING IN AT JUST 26 AIRCRAFT
IN SEPTEMBER DOWN FROM 87
A YEAR AGO JOINING US NOW OUR
ROOTS SENIOR SPECIAL WRITER AT
PARENTS OUT ALWAYS GREAT TO
HAVE YOU ON THESE
NUMBERS, 12 THE 6 IS THAT MORE
OR LESS THAN MOST PEOPLE
EXPECTED.
>> AH WELL
IT'S FINE QUESTION. I'LL ANSWER
THIS WAY, IT'S SORT
DOESN'T MATTER.
>> PEOPLE DON'T CARE
NECESSARILY ABOUT THE ORDERS
BECAUSE LIKE YOU SAY THEM, MAX
IS GROUNDED. SO EVERYONE KNEW
THE ORDERS ARE GOING TO BE
TERRIBLE. I THINK YOU LOOK AT
THE STOCK TODAY WAS A LITTLE
BETTER THAN
THE MARKET. IN BATISTA
CONTINUES TO JUST SORT OF SIT
BETWEEN YOU KNOW 3 $3380 SHARE
AS EVERYBODY WAITS FOR THE MAX
SHOW IS
A CONTINUATION OF THE PROBLEMS
THEY'VE BEEN HAVING SINCE
VERSUS SORT OF NEW
BAD NEWS. YOU KNOW IRONICALLY
PLANES UH YOU KNOW LIKE YOU SAY
26 YOU GO OUT YOU COULD COUNT
ALMOST HONOR ON YOUR TOES AND
YOUR FINGERS
AND TOES. BECAUSE YOU KNOW
THERE'S ONLY 2 PEOPLE THAT ALL
THESE THINGS AND THEY'RE VERY
EXPENSIVE ANOTHER LIKE ITS OLD
SO YOU KNOW IT'S NOT LIKE A ON
A CELL OR SOMETHING LIKE THAT
RIGHT.
>> AND WE KNOW THAT THOSE WERE
BAD PRETTY MUCH ACROSS THE
BOARD AS WELL THE PAST THE
MONTHS AND NOW
YOU JUST MENTION AIRBUS RIGHT
AS THEY'RE BASICALLY ONLY
COMPETITOR THEY ABOUT
500 AND 7571 AIRCRAFT TO
DELIVER SO IN THE CONTEXT OF
OF THAT IT SEEMS LIKE OBVIOUSLY
THIS NUMBER IS REALLY REALLY
BAD IS AIRBUS SEEING MAYBE SOME
TAIL ONES TO THEIR BUSY AS AS
RESULT OF WHAT'S HAPPENING OR
IS THIS
5.71. ALSO SORT OF THE EXPECTED
THEY WERE ALREADY GOING TO HAVE
THE DOLLARS ANYWAY.
>> AND I'M YOU KNOW ABOUT
AIR BOSH HERE POINT UM YOU
KNOW BOEING HAS HE PRODUCED
ABOUT 507 3, 7, MAX SAYS IT IS
POINT THAT THEY HAVEN'T
DELIVERED. SO IT'S JUST MOST
THINGS ARE YOU KNOW THINGS ARE
MOVING ALONG IT WOULD LOOK LIKE
A 5050 SPLIT. BUT NOW THAT
THEY'RE BASICALLY BUILDING AND
PARKING THEM. YOU KNOW THOSE
NUMBERS LOOK WHAT MIGHT HAPPEN
IF THE TOP
I'M LYNN CONTINUES TO SLIP IS
GOING TO HAVE TO CUT PRODUCTION
AGAIN, I THINK THEY WENT DOWN
FROM 52 TO 42 A MONTH. I'M BACK
IN APRIL.
I KNOW THERE'S BEEN HINTS THAT
THE BEACH OF THE WHOLE LINED
OUT AND THINGS GET WORSE AND
NOW WOULD BE A THAT WOULD BE
SORT OF NEW BAD NEWS
KNOW THAT THAT THINGS ARE GOING
TO BE A TOUGHER FOR A LITTLE
LONGER THAN THE COMPANY
BACKED IT.
>> YOU KNOW AL A MOMENT AGO YOU
ALMOST MADE THE SITUATION THAT
DELIVERIES HERE SOUND LIKE
WHOSE LINE IS IT ANYWAY WE'RE
THE POINTS ARE REALLY JUST THE
AIRCRAFT'S IN THIS POSITION
THEN THEY DON'T REALLY MATTER.
BUT WHAT
DOES MATTER IS THAT THE SHOW
GOES ON FOR A COMPANY LIKE
BOEING WHEN YOU'VE
GOT MORE 4 OF THE INTERNATIONAL
REGULATORS THAT ARE ISSUING
MORE OF
THIS SCRUTINY, THE AROUND GOING
RIGHT NOW HOW LIKELY IS IT THAT
THE SHOW WILL
GO ON AND WHERE DOES THE US
REALLY NEED TO KIND OF VOICE
ITS OWN STANCE AT THIS POINT IN
TIME IS INTERNATIONAL
REGULATORS ARE CONTINUING THE
CRACKDOWN.
>> QUESTION SHOW
>> YOU KNOW THAT THE
INTERNATIONAL REGULATORS ARE
TRYING TO WORK TOGETHER RIGHT
TO HAVE THIS BIG MEETING IN
DALLAS THERE'S THE THERE'S
EVERYONE IN THEIR SPECIAL
ACRONYM THERE'S A J ATR SHE'S
ENJOYING COMMITTEE
AND SO THEY'RE ALL TRYING TO
GET ON THE SAME PAGE BUT IT'S
LOOKING INCREASINGLY LIKELY
THAT SOME REGULATORS LIKE THE
EUROPEAN REGULATOR IN THE F A A
ME NOT AGREE THAT COULD LEAD
TO IT A SPLIT DECISION WHERE
THE PLANES ALLOWED TO FLY IN
THE US BUT NOT ALLOWED TO FLY
IN EUROPE AND THAT'S ABOUT OH
COME, YOU
BAD NEWS ROY
MOORE COMPLEX SHE KNEW THE
SITUATION, YOU BOEING WANTED TO
GET THE PLANE OUT BY THE END OF
THE YEAR.
IT MEANS THAT THIS IS A REALLY
BIG MONTH RATE IT SHOULD BE YOU
KNOW JUST ABOUT THE TIME WE'RE
HEARING
THINGS LIKE YOU KNOW THE
REGULATORS ARE GETTING CLOSER
TO THE REGULATORS ARE NOT IN
AGREEMENT BUT THAT DOESN'T SEEM
TO BE THE CASE SEEMS TO BE
GETTING ACTUALLY A LITTLE MORE
I SEE WITH RESPECT TO BONDS
ORIGINAL TIMELINE.
>> THAT'S RIGHT AND REUTERS
REPORTING THAT THE F A A WE
ITERATED HERE TODAY THAT IT
DOES NOT HAVE A FIRM DATE FOR
COMPLETING ITS REVIEW AS YOU
JUST MENTIONED EUROPEAN
REGULATORS WANTING TO GO BACK
AND REVIEW IS
IT NOT POSSIBLE AND IS IT NOT
TO THE BENEFIT OF EVERYBODY WHO
FLIES ALL AROUND THE WORLD THAT
ALL OF THESE COUNTRIES
REQUIREMENTS SYNC UP.
>> YEAH NO I I THINK THAT'S A
FAIR STATEMENT I THINK IT WOULD
BENEFICIAL FOR THE FLYING
PUBLIC AFTER THE AIRLINE
CUSTOMERS IF NOT EVERYBODY
SPOKE WITH ONE VOICE I THINK IT
WOULD GIVE
PEOPLE SOME CONFIDENCE IN PLAIN
I THINK THE OPPOSITE IS TRUE IF
YOU HAVE TO REALLY ARE DOING
DIFFERENT THINGS AND OPENS THE
DOOR TO CHARGES OF HOMER IS
A MORE YOU KNOW MAYBE WHY DO
THEY THINK IT'S NOT SAFE WHEN
YOU THINK IT'S A I SO I THINK
IT WOULD BE BETTER IF EVERYBODY
SPOKE WITH
ONE VOICE. GOING SAYS IS THAT
THEY ARE WORKING DILIGENTLY
RIGHT TO TRY AND GET EVERYONE
ON THE SAME PAGE.
AND YOU KNOW MAYBE EVEN DOUBLE
I WOULD TAKE THE STEP SAYING
YOU KNOW WHAT WE'RE GOING TO
WAIT FOR THAT I WAS GOING TO
SLIP BECAUSE IT'S MORE
IMPORTANT THAT EVERYBODY SPEAKS
WITH
ONE VOICE. I THINK WHAT'S
HAPPENING IS WE'RE GETTING SO
CLOSE TO THE FINISH LINE OR
BOEING THE ORIGINAL FINISH LINE
THAT THAT DATA COMES OUT SO
FAST IT'S DIFFICULT TO DIGEST.
>> YOU KNOW WE WERE DISCUSSING
ANOTHER CRITICAL PART OF ALL OF
THIS EARLIER
AOUN THAT IT'S NOT ONLY THE
CUSTOMERS IT'S NOT ONLY THE
AIRLINES AND THE REGULATORS BUT
IT'S ALSO THE PILOTS
THAT BOAT REALLY HAS TO
REASSURE CONFIDENCE AND
TRANSPARENCY WITH AS WELL WHERE
DO YOU THINK THEY STAND THERE,
ESPECIALLY GIVEN THE LATEST AS
THERE ARE MORE
AIRLINE PILOTS THAT ARE NOW
PILING INTO THEIR COMPLAINTS ON
BOEING.
>> THE SOUTHWEST PILOT BUT SO
CH INCOME
FRANKLY USED SOME STRONG
LANGUAGE IT'S IT'S AVAILABLE
ONLINE FOR ANYONE WHO WANTS TO
READ IT. YOU KNOW IT'S
DIFFICULT TO KNOW WHAT IS IT
TRYING TO MAKE THEIR CASE,
PROPER COMPENSATION VERSES I'M
YOU KNOW, I'M BECOMING MORE OF
A
THEY WANT THEY SAY THEY FORGOT
ABOUT A $100 MILLION IN WAGES
BECAUSE OF 30,000 CANCELED
FLIGHTS AT SOUTHWEST OBVIOUSLY
SOUTHWEST
JUST FLIES DIFFERENT MODELS OF
THE 7 37. SO THE MATCH WAS A
BIG PART OF SOUTHWEST'S
GROWING FLEET.
>> SO THE COMPLAINT IS SERIOUS
AND LIKE YOU SAY THAT THIS IS
THIS IS A BIG GROUP RATE
BUSINESS
10,000 PILOTS FROM A GIANT
BOEING CUSTOMER THAT ARE
EXPRESSING DISPLEASURE SO IT'S
SOMETHING BOEING HAS TO ADDRESS
YOU KNOW DO I HAVE THE ANSWER
OF WHAT BOEING SHOULD DO IT
IT'S DIFFICULT TO KNOW
THEY'RE PROBABLY BE SOME
COMPENSATION THEY'LL BE SOME
ADDITIONAL TRAINING THAT BOEING
WILL
PAY FOR YOU KNOW THINGS LIKE
THIS WILL HAPPEN, BUT THEY THEY
HAVE SOME WORK TO DO TO WIN
BACK THE
TRUST THEM. ONE PUBLIC ANY