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787 Dreamliner a Nightmare for Boeing?
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Ionosphere Capital LLC’s Vaughn Cordle on the recent issues with Boeing’s 787.
- Duration 4:52
- Date Jan 11, 2013
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Ionosphere Capital LLC’s Vaughn Cordle on the recent issues with Boeing’s 787.
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-- -- -- -- Boeing's having a bad week with its new 787 dreamliner.
In just the past five days they had had six reported malfunctions on six G.
Is that really -- -- want to jump on board now the -- investigating.
But of course Boeing says no need to worry planes are safe.
So are we all over reacting or is -- 787 dreamliner a flying death trap bond portal is a commercial.
Pilot needs a partner at ionosphere capital -- thanks for joining us I mean finds problems.
Aaron six problems -- six jets and five days it's hard even keep track of it that's awful lot.
Well there's a lot but day -- remember this airplane is flying -- basically a 155 today it's fifty on worldwide.
So -- -- unusual coincidence that there's so many in one short period of time but.
Statistically speaking this is not.
A big deal in terms of the number of events.
Well I don't know about that I mean in some of them are quite serious for -- a battery fire.
Jail reported a fuel -- forty gallons in jet fuel leaking out I mean a lot -- things.
Our -- seem pretty serious and dangerous and and you know you say it's it -- events and help it and Arab residents on the NASDAQ down a number of -- hell yeah.
If you look at all the new aircraft they always -- -- certain number of problems so this -- a number of problems not the issue the issue of the seriousness.
This battery.
Fire is potentially serious -- -- Lithium ion battery.
And they typically over when their -- they overheat.
So no one knows what their problem currently is this could be electrical problem of the system problem.
Or battery specific problem or maybe just that servicing issue.
One of the airlines report that the battery was improperly.
Wired so that could be a problem not.
-- -- I'd like -- the most serious want to -- which want without all these problems at least -- short period of time.
Which one would you isolate is being you know very -- as a passenger in which one are -- -- singer not a big deal.
Well I mean the -- -- Logan incident where.
Position fuel valve and it -- -- fuel went to a surge.
-- so that's not a big deal.
The debate your deal is the yeah I'm bored on the ground -- the -- fire on the battery.
Woodshed is related to -- more than likely not his guessing let -- go issues so.
There could be -- actually go.
System issue coding issue of some sort.
Where there may be some surges a -- to.
Very got sent back in the news is for Boeing because they have more than -- 150 jets on order do you think any -- those will be canceled.
Well I got -- -- they 840 none of those jets on order.
And there's about fifty NM operating -- -- right now it's not a major setback it's a black guy it's an embarrassment.
And the battery issue could be a serious problem.
That it wouldn't obvious -- problem in the air because the -- -- only be activated.
We need.
Eight -- -- started on its home power my once since airborne it fed on Sunday that it it would only catch fire in the ground that makes it feel whole lot better why the dreamliner so great I mean why we've heard so much about this latest so eagerly anticipated such a big deal.
Now we're really focused on everything that's gone wrong with that such a big deal.
Well that's a game changer for many of the airlines allows flexibility in other words.
It has a greater range than the airplanes that it's currently replacing the 767 model.
Yet it burns when he 1520%.
More or less fuel -- on a typical flight to Asia friends since the fuel burn.
Her passion here would be.
About sixty dollars less to -- For a shorter flight probably about eighty dollars less that's some new technologies -- -- it has fly by wire it has carbon fiber on the body and these are some of the things people talk about -- any -- -- the reasons why it's having somebody problems.
Well it's not any more problems statistically speaking the need the other new or applying those little and they -- making that six hot -- -- Basically my -- is a couple of what I cannot correct the if only you obliterated asked the world would be -- funniest time.
Boeing has got a great product here and it is a winner for the airlines -- for borrowings and for those passengers that flew on -- this -- spot thanks coming on we appreciate your time.
Thank you -- -- --