prebennorholm wrote:crjflyboy wrote:I find it rather strange that BOEING has only publicly stated they have set aside 1 billion for this fiasco... it will be in the several billions
It can wait. For the time being Boeing will fix the plane and have it certified so they can deliver planes again. $1B is plenty of money for that.
At some time, likely next year, the accident reports will be published. Very likely they will be at least partially disputed by some stake holders. That will keep time running.
At some uncertain time far out in the future there will then be a lot of work in different courtrooms around the world. They will work for years before they come up with rulings which will be appealed to a higher level to begin from scratch.
At this stage it is pure guesswork what money Boeing in the end will have to fork out. The only relatively certain things are that they will not pay one cent more than needed, and if it becomes a substantial money pile, then it will likely be in the time frame 5 to 10 years out in the future.
New subject: There are also companies which are earning millions on the MAX grounding. Airlines with no MAX planes enjoy decreased competition from airlines with MAX planes, higher load factors and booming revenue management systems. In a totally fair world they should hand out part of their extra profit to Boeing, but that's not gonna happen.
Also airlines with MAX fleet enjoy higher load factors and higher average ticket prices than what would have been the case if 500 MAX planes world wide were flying instead of parked. They will conveniently forget to subtract that when they finally present their grounding bill to Boeing.
Did you actually just say that in a fair world Airlines with nothing to do with the MAX should be paying Boeing for having designed a plane that killed over 350 people directly due to its design?
If coke changes its manufacturing processes and as a result starts poisoning people, should Pepsi pay coke when it is withdrawn from the market? Bizarre logic.