and don't forget that now most of the world has seen that relying on american and european aircrafts for their needs might one day leave them without parts if what they do doesn't get the approval of the eurocnuts or ameritards. gonna be quite bloody in the coming years as all the old corrupted by boing and airbust executives of most big airlines get to retire or get SADS'd... 😼👌
As a retired engineer who has worked for Embraer for 26 years both as an engineer and as a pilot, I have to confess that the deal breakup left a terribly bad impression among Embraer employees and associates of Boeing's business ethics. The wording Boeing used to justify the break up was created by some lawyer. There was no frankness and there is no detailing of the reasons. On the other hand it was clear to everyone that Boeing had no cash and had to carry out urgent cost-cutting measures to satisfy shareholders. The problem is exactly that: shareholders want immediate financial results. They do not care about the long term scenarios. In a nutshell: Boeing will continue to struggle for engineering capacity, will not be able to add new customers by selling smaller aircraft and quite possibly Embraer will sustain its business, and may even become a competitor to Boeing further down the road.
It is a shame. Boeing used to be an engineering company, but when the accountants and MBA's took over they began missing the forest for the trees. The 737 MAX fiasco, among other things, was a result of that.
LeverPhile .. it has been a completely 'corporate greed' and profits at the cost of safety/quality... driven company.. since at-least its merger with McDonnell Douglas. . Even outsourcing core processes to subcontractors... where even a ten year old could have been signing off on job-sheets, completion certificates.. for all Boeing cared.
@@LeverPhile I believe the running joke of that is that McDonnel Douglas bought Boeing with Boeing's own money. Rather amusing, but equally depressing to see as an aviation fan and aspiring aviator.
I was very happy to hear that the deal fell through. I despise Boeing and love Embraer. A Boeing takeover would inevitably lead to Embraer being infected with the Boeing disease of greed, lying, corner cutting and complete incompetence.
I felt the same way when I learned of Boeing's "withdrawal" regarding the agreement with Embraer. Like it or not, we know that Embraer's reputation would be tarnished due to the embarrassment faced by North Americans with its products later (737 MAX and 787 Dreamliner).
@@YassineSouilmi Cessna Citation, Global 5500/6500, Dash 8 Q400, and Airbus A318/19. Before I started flying, I wanted to fly A380s but after getting some time in the A318/A319, I really didn’t like it how I liked the E jets. So I switched back.
Learning about boeing's more recent business decisions reminds my of my standard response to people's contention that CEOs deserve their astronomical pay: "I could run their company into the ground for half that rate of pay."
Let not forget that current CEO is the same asshole who said third world pilots should have corrected for the mistakes of the 737max and that this would not have happened with American pilots. A person like this put profits above all else and doesn’t give a shit about people which was the root cause of the 737 max issues. How can a jerk like this fix a failing company like Boeing other then to run it into the ground? I think with my limited education and experience that I could not do a worse job than this guy.
Porter Airlines (based out of Toronto) launched their E195 E2 service this week to rave reviews. This is I think the first E195 E2 order and operation in North America. Porter now has 6 E195 E2s in service with orders for 44 more.
TBH it's good that this deal didn't work out. Too much consolidation would be bad for the industry. There needs to be competition in the marketplace for it to work effectively.
While a certain critical mass is necessary for an aircraft builder, given the huge development costs of a new generation aircraft, having more companies involved in aviation can lead to more lateral thinking and innovation.
Not to mention some weasel selling SAAB's information to Boeing. You think it wouldn't happen? This is Boeing we're talking about here, the company McDonald/Douglas corrupted into a cash machine. The aircraft are a sideline now.
I am Brazilian and I am very thankful this deal did not take place. Boeing would destroy Embraer, get all the good practices and then kill the the brand, I saw this many times in Brazil; Ford bought a Brazilian car maker in the northeast of Brazil, Troller, a jeep like off road vehicle that was very popular and praised by off-roaders, Ford only bought the company to continue receiving fiscal incentives from government for automakers installed in the poor northeast states, this fiscal tax reductions would benefit mainly the Ford Camacari plant in Bahia, northeast of Brazil, as this plant would not receive any more benefits after 2013 (the plant started in 2001). Ford abandoned Brazil and kill the brand Troller, it did not want to sell to a Brazilian big group (Troller would be a direct competitor to the ford Bronco, imported to Brazil from Mexico). It is better Embrear continues alone or have an HONEST share with the big ones.
Indeed, exactly. Boeing would have transferred the parts of the Company, which were from interest for them, into the US, and would have closed the rest of the Shop. Very simple and the usual way of doing Business.
Troller deserved tbh. They grew here in Santa Catarina state and received a lot of money from the state so they would grow, just to go to northeast Brazil because it had cheaper labor.
I think the reason this deal fell through is a different attitude to the meaning of the word "partnership " between ridiculously highly "confident" and paid Boeing top managers and other potential partners. To Brazilians Embraer is a mainstay of national pride and the government would have never allowed it to loose sovereignty. I very much hope though that Embraer finds a way and does no fall into a deeper trap seeking for a partnership in the far east.
Benfield partnership with with China, are we still trying to make an civilian aircraft. India, in the other hand, could be an option, if they raise their hand, Embraer is ready for a partnership, as they did with Saab
KLM is a regular partner of Embrear. Whenever a regional jet is flying over my head, I can be pretty sure it is an Embraer. Their safetyrecord seems to be impeccable. Ever since I got interested in aviation, I haven't read about a single incident with one of their aircraft.
Dear Dirk. As far as I remember, the only fatal accident with an E-Jet was one where a chinese pilot with serious mental issues committed a mistake and crashed the plane during landing.
There was another one where 2 pilots died right after take of because of unbalanced fuel between both wing tanks. The FO forgot to turn off the pump during the refueling so one wing had a lot more fuel than the other. To make things worse they didn’t go over that in the checklist (it showed them that it was unbalanced but they just didn’t see it) There was another one where a embraer legacy crashed midair with a Boeing 737, all people on the 737 died and the embraer legacy only lost its wingtip and was able to make it to the ground safely with no injuries
I almost completely forgot about that. On another note, I love flying on the E190. JetBlue uses them a lot for flights from Boston to other east coast destinations, and I once saw the Profit Hunter E190 E2 when I lived in Hartford and had a beautiful apartment with a clear view of the approach path into Bradley Airport (BDL-Windsor Locks, CT)
Honestly, i feel sad about Boeing. Such a great company with a beautiful history going backwards like this. As a brazilian, i am very proud of embraer and received the news about boeing-embraer with a lot of distrust. Now, for me, it's very clear that it was Boeing who spoiled the agreement.
Shortly after the Boeing/McD merger I knew someone in parts acquisition at Boeing. She had loved her job. She now hated it. Why? Because now that there was less competition in the aerospace parts industry, the new Boeing intended to squeeze its suppliers. She was tasked with contacting them with a dictate that said in essence: "This is to notify you that we have been paying you $100 for this part. In the future we will only pay you $80." There's been a lot of discussion about how the merger destroyed Boeing's safety first culture. More needs to be said about how that merger also made Boeing mean. The way it exited its planned joint agreement with Embraer illustrates that all too well, as does how cruelly Boeing has dealt with the victims of the two 737MAX crashes.
I can never understand why companies like Quantumscape that produces absolutely nothing of tangible value other than hype has a higher valuation than companies like Embraer.
In Germany a Pizza Delivery Service is member of the Stock Exchange, but not a couple of major Industrial Companies and Banks. So, don´t care about it. It´s Business as usual and don´t mean anything in Real Life.
Boeing has worked very hard to make the company unfriendly to engineering staff. It's funny that now they have a problem with running low on engineering capability. I work with people who worked at Boeing in the 90s, and who subcontracted to Boeing more recently, they describe Boeing as being hollowed out.
That's the opinion most people had of Boeing after they merged with McDonnell Douglas in the 90's. Boeing went from an engineering company run BY engineers FOR engineers to being an engineering company run by accountants and wall street investors.
@@jtjames79 I wish it was that easy. Often, an airline is the only option between A and B and they insist on only flying Boeing. Ryanair is a good example in Europe. But if there is an alternative, I will gladly pay little extra to avoid the bad airlines.
The management of Boeing is stunningly bad. A fine example was their insane move to South Carolina, a move that was little more than union busting. Everett, has a trained and experienced production community - they understandably expect to be paid. The production problems in South Carolina are well reported. This is Boeing … a management rich beyond avarice and everyone below them are part of “cost cutting”. In the meantime they have had product failure after product in pretty much every division of their company. If they weren’t propped up by the US, municipal, state and federal governments through: NASA; the various tax codes, and a corporate shopping list of government “programs” and “incentives”, they would have gone under a long time ago. Sadly, in this kind of mess it is ALWAYS the employees who suffer while the “executives” get rich beyond avarice.
This was great ,Petter. My son worked on several Embraer aircraft types when he got out of school. Now I know what they looked like. He's now working on 737's, 777's and 787's as an Avionics Tech with American.
"Embraer did not satisfy the necessary conditions." Yeah, Embraer suddenly was to big for the troubled Boeing finances. Boeings press release is finest lawyer speak, that seems to blame Embraer, for Embraers success. 😂 Is legal the only department in Boeing that actually knows what it's doing? Hopefully Embraers finances are improving these days. Maybe to a degree enabling them to design a 140 to 175 seat capacity long range plane, with options for larger variants?
I am licenced, as an engineer, on both, the A220 and the E2, both are good aircrafts but what kills them is the Engine, PW has biiiiig problems, the A220 also has Fuselage corrosion issues, made in china but airbus is going back to use standard aloy
Boeing Executives in the 10 years ending in 2019 spent over $43 BILLION to "raise stock prices", and of course their own paychecks. Consequently they were a bit short on cash. Additionally, since the McDonnell Douglas partnership, Boeing does not seem to value Engineers as they used to. Rather, they now seem to place more emphasis on manipulating finances, lowering pay by moving to low paid locations (S. Carolina) and outsourcing work previously done by Boeing itself..
The Saab connection is particularly interesting because Gripen's story is very complicated and 'uncomfortable' for them right now. Because of the costs of making the next generation upgrade for Gripen in terms of R&D as well as manufacturing costs combined with the relatively low number of units on order the cost per aircraft for the latest Gripen is *extremely* close to the cost of an F-35 because Lockheed has produced so damn many of them and thus gotten the cost per unit way down. This is a significant issue for Saab because most of their potential customer base already had access to purchasing F-35 politically, and the aircraft is literally in a different league than even the next generation Gripen when it comes to capability. Since cost is now becoming genuinely comparable this is only making the problem even worse by reducing potential sales and therefore further increasing cost per unit of Gripen, further cannibalising their sales in a vicious cycle. There *are* still some factors that differentiate the aircraft in a meaningful way, and nations that already operated Gripen have more of an incentive to stick with an established platform and take an upgrade, so it is more complex than I am making it seem, but fundamentally F-35 is genuinely causing Saab significant difficulties in the international export market
The F-35 sustainment cost is HUGE compared to Gripen so this is a false comparison. F-35 is also riddled with problems, is less capable in many areas than Gripen. Gripen is versatile and durable. Why is the F-35 popular? Find out who blew up the Nordstream pipelines and there is your answer.
Boeing is defended here by the American government, but clearly they just bailed on a deal because they were unwilling and unable to pay. Their argument is ridiculous and fails to establish context. Embraer on the other hand clearly wins the argument.
Man - Boeing should be very happy the 787 has worked out so crazy good. Everything else they have touched in the last few years has been a disaster, included their image with other plane makers.....I would be extremely hesitant to go into any deal with this bunch....let them implode all on their own!
From the point of view of a passenger, the 787 is the best aircraft to long range flights available nowadays. Of course that many people love the A380, specially if you fly business, but my favorite is the Dreamliner.
Embraer is headquartered in the town of Sao Jose dos Campos , State of São Paulo. It has since expanded its footprint in the State , and further beyond in the US , with a facility in the state of Florida. Its precursor , like many other contemporaries , was making small prop planes. Like a Cessna plane. Crop sprayers , small chartered single be dual engines. The company was handpicked by the Brazilian Military Brass in the late 60’s over other small sized domestic manufacturers , who competed against Embraer at that time. The nod towards Embraer made it easy for Government procurement contracts and the much needed bankrolling to engage into bigger aircraft programs. At that same time , once they were the handpicked ones, they built a regional turboprop freight and passenger aircraft to carry cargo and people to far flung regions, the Bandeirantes. They also got orders for a training and recognizance single engine aircraft , the Xavantes. The Brazilian Air Force needed more than that, so fighter jet orders were filled in by a French aircraft builder , Marcel Dassault. Eventually , Embraer got into the jet propulsion with orders for its civilian charter jet builds. And cargo transport planes. And since then , it has experienced incremental grow on orders and building towards large frames.
Great watch as always 👊🏿. I love how much information and detail goes into this coverage. As questions pop up in my head you end up essentially answering them somehow along the way in the video with the good background info leading into each story
Culture. The existing culture at Boeing is at times contrary to innovation and change. One of the problems Boeing has is a very top down management style. Moving the headquarters from Seattle to Chicago and now Washington DC is viewed in the lens of monetary considerations rather than development and construction of innovative designs necessary to compete in the 21st century. If you're primarily a military contractor than being closer to Washington DC would seem to be a prudent move. However if you want to be closer to design and innovation then the West Coast is the place to be. Additionally the west coast culture seemed to rub the higher ups at Boeing with their labor demands. Building in South Carolina looked like a good decision in light of "right to work" attitude in the US southern states.
The West Coast does have a lot of engineering jobs, but so does the Southeast, especially in aviation and spaceflight. Most of NASA and much of the Air Force's R&D has been in the Southeast for half a century or more. The trend (not just in aviation, but R&D in general,) though, has been away from the West Coast for a while now. Prices in the Bay Area and Seattle have become ridiculous to the point that engineers don't want to move there anymore. And the progression of technology allowing remote work to become commonplace was already well underway, but dramatically accelerated by Covid. Who wants to pay thousands of dollars a month for a small apartment in the city or else have an hour commute to own a decent home? Speaking as an engineer myself, I sure don't. There's a reason that cities like Nashville and Austin have been growing very rapidly, but that trend has really been for the whole Southeast and Covid has only accelerated it. And, yes, the Boeing unions brought the South Carolina plant upon themselves. When you cost the company hundreds of millions or billions of dollars with stupid strikes just to flex your muscle and show how much control you have, it shouldn't come as much of a shock when they make moves to mitigate that risk for the future.
If the C Suite wanted Engineering talent , then Huntsville AL would be the place to go. Not South Carolina. It was a self serving cost cutting move without contemplating the consequences.
@@bergson10 Não é verdade, presta atenção: "the Brazilian state retains a vetoing interest and also holds shares". Ele não está a falar da nação, ou do país. Está a falar do governo federal.
Alliance of India, Russia, and Brazil air companies (who would supplement each other really well) would be amazing, but then rabid nato might blow a gasket in impotent fury...
Not a chance with Tata. They have nothing of value to offer. That and the fact it would dilute the Brazilian Government’s control over the company. And the largest Indian carrier issued a large order , 40% towards Boeing , and 60% towards Airbus. Not a single aircraft order towards Embraer. So much for this BRICS nonsense, when Indians still rather suck up to Americans and claim BRICs brotherhood to Brazil but give nothing in return.
Once upon a time, Boeing was an prestigious engineering company. Now it's a shell of it's former self. Don't get me wrong, there are still some talented engineers there in some areas, but make no mistake, bean counters who have trouble seeing past a 12 month time horizon have taken over.
Boeing has already stolen 100 specialists out of Embraer. A court order limited the percentage of Embraer specialists Boeing can hire each year and now the Amercian company decided to open a research center in Brazil exactly at the same city Embraer operates. At the time the deal was announced in Brazil, retired Gen. Oziris Silva - Embraer's founder - said during a long tv interveiw that Boeing wanted Embraer's assembly line and that if we were smart we could end up hosting even more of Boeing's assembly in Brazil. At the time, here on youtube, I found a single channel talking about that - a channel a bunch of young enthusiasts hosted! Kukdos for them! The project to develop aeronautics capabilities in Brazil started in 1950 witht the creation of the Technological Institute for Aeronautics. Those were the good old times when the Brazilian State had long term technology projects ...
great work man! thanks for sharing! keep it up! (would love to know about the history of airlines, like our Greek arilines here, Olympic, Aegean, etc.)
Embare has indefinitely postponed the new turboprop. They made a HUGE mistake in assuming the scope clauses in the US would change. The E2 simply can't meet the scope clauses and the US regionals were at least half their business.
Considering recent statements by the CEO of Embraer Commercial Aviation, the turboprop project apparently has not been postponed indefinitely. According to him, the manufacturer is still defining the technical characteristics of the project and therefore chose not to launch the program officially later this year. In the medium term, the US scope clauses will have to be updated. With the end of Mistubishi's SpaceJet project, the Embraer E175-E1 is currently the only model capable of meeting these clauses. However, due to increasingly stringent environmental regulations, the engines used in Embraer's E1 range will no longer be able to meet these regulations. With this, Embraer will have to end the production of this version and only the E2 variant will remain for this market if they want to rely on this type of regional aircraft, even if it is slightly heavier.
@@marcellofms The scope clauses with the US regionals will not be changing anytime soon. Less so more than ever given the shortage of pilots. Embraer bet wong on that one and they know that. Embraer is in a real bind since most of their market was in the US and US carriers have rejected the E2's. Mainline doesn't want them and regionals can't take them.
In the US, Embraer's focus has always been on marketing the E-175 E1. But this one, in the not so distant future, will not be able to comply with some environmental regulations and Embraer will have no alternative but to end its production. From then on, there are only two alternatives: updating the scope clauses to allow the use of the E-175 E2 or companies giving up operating regional aircraft, since there is no other similar model on the market.
@@marcellofms I wouldn't put to much focus on the ICAO supposed regulations. They will largely be unenforceable. Each country actually has the real authority not ICAO or the UN. Given the situation pilot situation in the US the scope clauses will not be changing.
@@johniii8147Hey, but they're still manufacturing the old 1st generation E-Jet 175. So I don't think it's a real nightmare for them now. The last weeks saw some news of AA actually purchasing new ones.
Great video, and I'm looking forward to part 2. Subscribed a long time ago. I wonder if Mentour Pilot would love to fly with the bicycle steering of the Embraers?
Okay, that's weird. At 6:41 the guy on the right looks to have been edited in. The top of his head has been green screened out. Then again at 14:52 the E2 tail rudder is mostly invisible. I guess someone at Embraer wasn't happy with the real video they had.
I don't care which Canadian or Brazilian manufacturer is responsible for these Sardine Can "regional jets" , unless you're in (for instance) a CRJs left window single "1st" class seat with aisle access, forget about comfort. They're dreadful in economy class and so-called "economy-comfort", no matter how short or how long the flight.
I did once travel in a Bandeirante from Oulu to Kuusamo in northern Finland. It was already an old specimen, brown upholstery that was shredded in places, and the whole plane vibrated. I was very young, not yet at school, but had beem traveling by air quite a lot, as my dad worked for Finnair. But that meant I was mostly used to DC-9s and MD-80s, had also traveled to California once in a DC-10. So a small shabby turboprop with weird colours made me a bit suspicious (I thought all airplane interiors should be blue and white as I'd only ever been inside the Finnair planes.)
Ugh. Unless they somehow fix the vibration and noise issue of turbo props, no thank you. Hated flying on turboprop aircraft, they were always so noisy and vibrated so much that you'd still be shaking 2 days after you got off the aircraft.
Anybody who worked at Embraer at the time of the joint Venture and knows the word “Yabora” knows what a gigantic mess and badly thought out process this was. Timing was horrible as well because of Covid 19 and the 73 Max. At the end, Airbus got the 220 and the 175-E2 flopped. And Embraer lost JetBlue. It sucked for everyone. Another one to put on Dennis Muilenburg’s bag of screw-ups.
I used to fly on the Embraer Bandeirantes all the time as a kid. My dad was in the airforce and my family used to get "free rides" on the military variants all the time. Now EMBRAER IS STILL A STATE COMPANY (your information is wrong on that). What happened was: austerity measures by the Brazilian right-wing. Every single time a right-wing president steps in, they try to privatize everything Brazil has. They pretty give away the country for the Americans or the Europeans. They have been trying to give away Petrobras for decades now and they tried to do that with Embraer too.
Boeing clearly screwed up the bribe to customs by adding a few too many zeroes. The absolutely insane 292% tariff on the C-series not only drove the C-series right into Airbus' hands (Bombardier *GAVE* 51% of the line to airbus for free in order to reach global markets), and subsequently Airbus built a factory in Alabama which then gave it the A220 the status of "Made in America" thus avoiding tariffs all together, but it also torpedo'd any chance of the Canadian government buying the role-perfect F18E to replace our antique CF18's. Boeing really earned all the financial problems they have.
Petter, you mentioned something about their (Boeing) engineers being close to retirement. Is this another reason why they have put a hold on new aircraft design? 🤔 Loving these breakdowns you and the team are doing. Very interesting 👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾
Probably. Creating an entirely new model as their primary airframe would require huge investments into engineering subsequent versions and equipment, aswell as establishing an entirely new network for partsd supply and service. The "cheaper" way that Boeing is seemingly going consists in waiting for Airbus' next generation and then developing a competitor based on that. Though this would mean to cede a considerable lead to Airbus. But that's what Boeing has become, the no. 2.
It’s not about engineers retiring a few months ago. They actually hired thousands of engineers last year, and will this year. It has to do with more Boeing waiting for the digital tools to mature further to create a new clean sheet design, and for a bigger leap in the current engine technology. Remember, Boeing will come out with a new plane, but only if it gives a 20-30% improvement in efficiency, which the current designs and propulsion do not.
@@Jack3md This assumes they will still have the resources to do that once the time finally comes. But I guess they can always force their congress puppets to bail them out...
@@KuK137 Bail them out? What? Lol, Boeing is nowhere near and will not need a "bail out". Since the covid lockdowns Boeing has been slowly, but surely improving and over the next 2-3 years you will see huge improvements in their overall results mainly due to higher deliveries in the 737 and 787, plus the introduction of the 777X. To simplify, Boeing will be fine and only a clown without an understanding of them would think they need a bailout from the government for their next commercial airplanes program
The Covid 19 point of recession was i too wanted to specify which was the major reason for pull-out from Boeing, .. really noone new how long it would strech.. Boeing could tie up for manuf; facilities and minority stake with Embraer then. Passenger aircraft industry receives very big orders every 2-3 years (Indigo order and now Air India-Tata). having an additional shop floor to meet such demand surges helps aviation co:s to actually accept such orders and create a Balance sheet War chest to overcome cyclical industry downturns.
Covid is not an excuse. When you get paid millions of dollars to be a CEO you should have the knowledge to predict the future. Other I could do his job a lot cheaper and run the company into the ground just a quick.
Curious to see what's in the next video, because even though Boeing's tactics look terrible, i still think they have some ace up their sleeves. I kept comparing Boeing to Nintendo, always having a leg up on Airbus/Sega, but it's starting to look more bleak now. Then again, Boeing still gets government money for projects anyway, but yeah, they are taking a big risk. It's reminding me of Ford, that stopped selling regular cars and moved on to SUV's and trucks, and it's working for them.
Really, Boeing's bail out of the deal should had gave a huge credibility and image damage, almost unrecoverable with MAX and China Eastern NTSB leaking. I will never fly a Boeing again in my life, if they didn't respect a contract sign by themselves, what they will be?
On the topic of the TTBW concept. A friend recently remarked that the co investment by NASA and Boeing in the TTWB concept is a way for the US government to financially support Boeings development of a 737 successor. I tend to agree. Maybe a topic for a future video?
It's not a development of a 737 successor, it's a tech demonstrator. The funds from NASA will be used to re-wing an existing MD-90 aircraft to test the viability of the TBW and study it's merits and draw backs. NASA and Boeing partnerships have been going on for decades, it nothing new
BOEING IS SUBSIDIZED 15 billion dollars a year. Why to we continue subsidizing companies that should have their ACTS together. They act more recklessly as too big to fail big government always there with more handout’s continuing the saga. Stop all subsidies. Make companies accountable or bankruptcy.
High inflation really hurts companies as more cash going into servicing debt vs R&D and innovation. Small companies and start ups are really hurt as more debt ladened
Embraer will never compete directly with Boeing or Airbus. That would require financial resources and market share that Embraer does not have. However, the other side of the coin is also true: Boeing or Airbus certainly have trouble producing smaller aircraft at a competitive price. The A220 production is deficit-prone. That financial fact will become increasingly clear over time.
Boeing had very little competition with Embraer already, especially on the commercial side. The E-jets don't really compete at all with anything Boeing makes... which is exactly why Boeing was interested in it. The smallest plane Boeing Commercial Airplanes either makes now or has any announced plan to ever make is over 30% larger than the largest E2 and has 1,000 nmi longer range.
@@vbscript2 Boeing had very little competition with the Bombardier C series too apparently, and yet Boeing's vile attempt to push them into extinction clearly implies it was a threat to them!
As I’ve said before Boeing needs a management overhaul… back to the mid 90s when engineers still ran it! Get rid of these fancy “corporate executive” types and just let the actual people who design the products run the company!
Some of the senior Boeing leadership from a few years ago should be criminally charged. The Embraer/Bombardier stuff doesn't rise to that, but it's just an example of how terrible they were at management.
Yes! Me too! By the way, in the next video about Boeing's future, Petter could include some insights about what will happen with the Boeing/Qatar deal during Qatar's dispute with Airbus...
I did a paper on the Boeing/Airbus joint venture for a 747 replacement. My conclusion was that Boeing sucker-punched Airbus. Boeing strung Airbus along with feints, thereby delaying Airbus' own jumbo development and leaving Boeing with an extended monopoly on the jumbo.
Boeing is now getting Embraer engineers straight from São José dos Campos, offeeing higher wages for them so they leave Embraer and join their office. Embraer cant pay higher wages at the moment due to its financial situation, while it requires a high workload from its engs, and Boeing is taking full advantage of that
People saying that the deal failure was better for Embraer doesn't know what they are talking about. If Embraer doesn't find quickly a partnership with similar terms, they will be drowned by E2 debts and crushed by Airbus.
@@Parc_Ferme Embraer wouldn´t exist today if Boeing would have bought them. The interesting parts would have departed into the US, the rest of the shop closed. At least they have now the chance to survive.
@@NicolaW72 You couldn't be more wrong: "New Embraer" would be a company with pretty new top class portfolio in the business jet (Praetor) and military (C390 and E36 Grippen). With billions in cash and almost zero of debt. Never in it's history the company would be in such comfortable financial position. Now they will have to face alone Airbus and God know how they will pay the E2 development debt with a few sales. The only way Embraer will survive, will be if they make a similar deal with COMAC.
Ahh, yes. Isn’t it fantastic how nuanced things can be summed up in seconds. The thing is though, without nuance you really learn very little and understand even less. That’s why we don’t only teach pilots to “pull back to go up, push forward to go down and use those throttles if you want to go faster or slower”. The truth lies in the details. Have a great day.
Personally, I think Embraer is better off not joining Boeing.
Indeed. Boeing would have dropped every useful parts off and shutted them then down. It was very Good Luck for Embraer.
You might be right
Boeing kills other aircraft manufacturers.
and don't forget that now most of the world has seen that relying on american and european aircrafts for their needs might one day leave them without parts if what they do doesn't get the approval of the eurocnuts or ameritards.
gonna be quite bloody in the coming years as all the old corrupted by boing and airbust executives of most big airlines get to retire or get SADS'd... 😼👌
Usual american corporate tactics
As a retired engineer who has worked for Embraer for 26 years both as an engineer and as a pilot, I have to confess that the deal breakup left a terribly bad impression among Embraer employees and associates of Boeing's business ethics. The wording Boeing used to justify the break up was created by some lawyer. There was no frankness and there is no detailing of the reasons. On the other hand it was clear to everyone that Boeing had no cash and had to carry out urgent cost-cutting measures to satisfy shareholders. The problem is exactly that: shareholders want immediate financial results. They do not care about the long term scenarios. In a nutshell: Boeing will continue to struggle for engineering capacity, will not be able to add new customers by selling smaller aircraft and quite possibly Embraer will sustain its business, and may even become a competitor to Boeing further down the road.
Your last sentence: Let us hope so.
It is a shame. Boeing used to be an engineering company, but when the accountants and MBA's took over they began missing the forest for the trees. The 737 MAX fiasco, among other things, was a result of that.
LeverPhile .. it has been a completely 'corporate greed' and profits at the cost of safety/quality... driven company.. since at-least its merger with McDonnell Douglas.
.
Even outsourcing core processes to subcontractors... where even a ten year old could have been signing off on job-sheets, completion certificates.. for all Boeing cared.
@@sailaab That's right ... McDonnell Douglas management effectively took over Boeing and focused on Financials above all else.
@@LeverPhile I believe the running joke of that is that McDonnel Douglas bought Boeing with Boeing's own money. Rather amusing, but equally depressing to see as an aviation fan and aspiring aviator.
Good on Embraer for not tainting its image with corrupt companies.
"Embraer Agrees to Pay More than $107 Million to Resolve Foreign Corrupt Practices Act Charges", _US Department of Justice_
I was very happy to hear that the deal fell through.
I despise Boeing and love Embraer.
A Boeing takeover would inevitably lead to Embraer being infected with the Boeing disease of greed, lying, corner cutting and complete incompetence.
I felt the same way when I learned of Boeing's "withdrawal" regarding the agreement with Embraer.
Like it or not, we know that Embraer's reputation would be tarnished due to the embarrassment faced by North Americans with its products later (737 MAX and 787 Dreamliner).
As a 4 year regional pilot for the Ejet family, I will always fly Embraer. Such wonderfully put together aircraft.
as a ground handler i hate the embraer with a passion
@@einar8019 why though?
@@RoyalFlushFan cause the cargo hold is tiny, like im only 5 ft 7 and i barrely fit.
@stank what’s your other reference point? What other jets have you flown?
@@YassineSouilmi Cessna Citation, Global 5500/6500, Dash 8 Q400, and Airbus A318/19. Before I started flying, I wanted to fly A380s but after getting some time in the A318/A319, I really didn’t like it how I liked the E jets. So I switched back.
Learning about boeing's more recent business decisions reminds my of my standard response to people's contention that CEOs deserve their astronomical pay: "I could run their company into the ground for half that rate of pay."
With that amount of money saved, you probably couldn't
I just don't trust Boeing they seem to lack a moral and rational compass.
Let not forget that current CEO is the same asshole who said third world pilots should have corrected for the mistakes of the 737max and that this would not have happened with American pilots. A person like this put profits above all else and doesn’t give a shit about people which was the root cause of the 737 max issues. How can a jerk like this fix a failing company like Boeing other then to run it into the ground? I think with my limited education and experience that I could not do a worse job than this guy.
Hire me and I will do my best to have literally 0 effect on the company, I'll only charge you 100k or so.
Yes.
Porter Airlines (based out of Toronto) launched their E195 E2 service this week to rave reviews. This is I think the first E195 E2 order and operation in North America. Porter now has 6 E195 E2s in service with orders for 44 more.
Speak those facts Craig
I been working on E170/175 for years and right now I start to work on A220, I have to say, personally I still think Embraer is a better airplane.
Embraer's military jet looks absolutely gorgeous!!
TBH it's good that this deal didn't work out. Too much consolidation would be bad for the industry. There needs to be competition in the marketplace for it to work effectively.
Besides, Boeing has an excellent track record with mergers and acquisitions
*coughs in McDonnell Douglas*
While a certain critical mass is necessary for an aircraft builder, given the huge development costs of a new generation aircraft, having more companies involved in aviation can lead to more lateral thinking and innovation.
@@citizenblue Yeah, afterall MD bought Boeing with Boeing's money. /s
It was terrible for Embraer, they will be crushed by Airbus. I really hope that they make a similar deal with COMAC.
Not to mention some weasel selling SAAB's information to Boeing. You think it wouldn't happen? This is Boeing we're talking about here, the company McDonald/Douglas corrupted into a cash machine. The aircraft are a sideline now.
I am Brazilian and I am very thankful this deal did not take place. Boeing would destroy Embraer, get all the good practices and then kill the the brand, I saw this many times in Brazil; Ford bought a Brazilian car maker in the northeast of Brazil, Troller, a jeep like off road vehicle that was very popular and praised by off-roaders, Ford only bought the company to continue receiving fiscal incentives from government for automakers installed in the poor northeast states, this fiscal tax reductions would benefit mainly the Ford Camacari plant in Bahia, northeast of Brazil, as this plant would not receive any more benefits after 2013 (the plant started in 2001). Ford abandoned Brazil and kill the brand Troller, it did not want to sell to a Brazilian big group (Troller would be a direct competitor to the ford Bronco, imported to Brazil from Mexico). It is better Embrear continues alone or have an HONEST share with the big ones.
Ford out= BYD in.
Indeed, exactly. Boeing would have transferred the parts of the Company, which were from interest for them, into the US, and would have closed the rest of the Shop. Very simple and the usual way of doing Business.
Troller deserved tbh. They grew here in Santa Catarina state and received a lot of money from the state so they would grow, just to go to northeast Brazil because it had cheaper labor.
@@LuizHartkopf Como assim "ir para o Nordeste" se a marca nasceu no Ceará?
I think the reason this deal fell through is a different attitude to the meaning of the word "partnership " between ridiculously highly "confident" and paid Boeing top managers and other potential partners. To Brazilians Embraer is a mainstay of national pride and the government would have never allowed it to loose sovereignty. I very much hope though that Embraer finds a way and does no fall into a deeper trap seeking for a partnership in the far east.
True that
Benfield partnership with with China, are we still trying to make an civilian aircraft. India, in the other hand, could be an option, if they raise their hand, Embraer is ready for a partnership, as they did with Saab
KLM is a regular partner of Embrear. Whenever a regional jet is flying over my head, I can be pretty sure it is an Embraer.
Their safetyrecord seems to be impeccable. Ever since I got interested in aviation, I haven't read about a single incident with one of their aircraft.
Dear Dirk. As far as I remember, the only fatal accident with an E-Jet was one where a chinese pilot with serious mental issues committed a mistake and crashed the plane during landing.
@@flavioc5389 How long is that ago?
@Flavio C There was an african one that the pilot decided to commit su1c1d3 and take all the passengers with him. Crashed edrpose,
@@Dirk-van-den-Berg I believe this accident occurred with a company from Mozambique in 2013.
There was another one where 2 pilots died right after take of because of unbalanced fuel between both wing tanks. The FO forgot to turn off the pump during the refueling so one wing had a lot more fuel than the other. To make things worse they didn’t go over that in the checklist (it showed them that it was unbalanced but they just didn’t see it)
There was another one where a embraer legacy crashed midair with a Boeing 737, all people on the 737 died and the embraer legacy only lost its wingtip and was able to make it to the ground safely with no injuries
I almost completely forgot about that.
On another note, I love flying on the E190. JetBlue uses them a lot for flights from Boston to other east coast destinations, and I once saw the Profit Hunter E190 E2 when I lived in Hartford and had a beautiful apartment with a clear view of the approach path into Bradley Airport (BDL-Windsor Locks, CT)
Honestly, i feel sad about Boeing. Such a great company with a beautiful history going backwards like this. As a brazilian, i am very proud of embraer and received the news about boeing-embraer with a lot of distrust. Now, for me, it's very clear that it was Boeing who spoiled the agreement.
Shortly after the Boeing/McD merger I knew someone in parts acquisition at Boeing. She had loved her job. She now hated it. Why? Because now that there was less competition in the aerospace parts industry, the new Boeing intended to squeeze its suppliers. She was tasked with contacting them with a dictate that said in essence: "This is to notify you that we have been paying you $100 for this part. In the future we will only pay you $80."
There's been a lot of discussion about how the merger destroyed Boeing's safety first culture. More needs to be said about how that merger also made Boeing mean. The way it exited its planned joint agreement with Embraer illustrates that all too well, as does how cruelly Boeing has dealt with the victims of the two 737MAX crashes.
I can never understand why companies like Quantumscape that produces absolutely nothing of tangible value other than hype has a higher valuation than companies like Embraer.
Because Embraer is brazilian all business here are undervaluation.
In Germany a Pizza Delivery Service is member of the Stock Exchange, but not a couple of major Industrial Companies and Banks. So, don´t care about it. It´s Business as usual and don´t mean anything in Real Life.
I appreciate your sophisticated recordings these days... but I truly miss your sofa and dogs!
Boeing has worked very hard to make the company unfriendly to engineering staff. It's funny that now they have a problem with running low on engineering capability. I work with people who worked at Boeing in the 90s, and who subcontracted to Boeing more recently, they describe Boeing as being hollowed out.
That's the opinion most people had of Boeing after they merged with McDonnell Douglas in the 90's. Boeing went from an engineering company run BY engineers FOR engineers to being an engineering company run by accountants and wall street investors.
Boeing is no longer a great engineering company
Work hard and you will succeed!
If it's Boeing, I'm not going.
@@jtjames79 I wish it was that easy. Often, an airline is the only option between A and B and they insist on only flying Boeing. Ryanair is a good example in Europe. But if there is an alternative, I will gladly pay little extra to avoid the bad airlines.
The management of Boeing is stunningly bad. A fine example was their insane move to South Carolina, a move that was little more than union busting. Everett, has a trained and experienced production community - they understandably expect to be paid. The production problems in South Carolina are well reported. This is Boeing … a management rich beyond avarice and everyone below them are part of “cost cutting”. In the meantime they have had product failure after product in pretty much every division of their company. If they weren’t propped up by the US, municipal, state and federal governments through: NASA; the various tax codes, and a corporate shopping list of government “programs” and “incentives”, they would have gone under a long time ago. Sadly, in this kind of mess it is ALWAYS the employees who suffer while the “executives” get rich beyond avarice.
Of course what makes it worse is that those "executives" are going to blame the employees - "the unions sent us broke!".
Embraer quality control was to high and stringent compared to Boeing standards
Boeing will soon regret of what they've done. Embraer is an extraordinary company
Lucky escape for Embraer.
This was great ,Petter. My son worked on several Embraer aircraft types when he got out of school. Now I know what they looked like. He's now working on 737's, 777's and 787's as an Avionics Tech with American.
Gotta love that plural!
"Embraer did not satisfy the necessary conditions."
Yeah, Embraer suddenly was to big for the troubled Boeing finances.
Boeings press release is finest lawyer speak, that seems to blame Embraer, for Embraers success. 😂
Is legal the only department in Boeing that actually knows what it's doing?
Hopefully Embraers finances are improving these days. Maybe to a degree enabling them to design a 140 to 175 seat capacity long range plane, with options for larger variants?
My son flys a Embraer 175. Always stating all the redundant safety features and advanced safety features compared to other airline companies.
I am licenced, as an engineer, on both, the A220 and the E2, both are good aircrafts but what kills them is the Engine, PW has biiiiig problems, the A220 also has Fuselage corrosion issues, made in china but airbus is going back to use standard aloy
It seems like Boeing reputatation as a company is not what it used to be anymore
Boeing Executives in the 10 years ending in 2019 spent over $43 BILLION to "raise stock prices", and of course their own paychecks. Consequently they were a bit short on cash. Additionally, since the McDonnell Douglas partnership, Boeing does not seem to value Engineers as they used to. Rather, they now seem to place more emphasis on manipulating finances, lowering pay by moving to low paid locations (S. Carolina) and outsourcing work previously done by Boeing itself..
Embraer is better off without those CRIMINALS!
Absolutely!
The Saab connection is particularly interesting because Gripen's story is very complicated and 'uncomfortable' for them right now. Because of the costs of making the next generation upgrade for Gripen in terms of R&D as well as manufacturing costs combined with the relatively low number of units on order the cost per aircraft for the latest Gripen is *extremely* close to the cost of an F-35 because Lockheed has produced so damn many of them and thus gotten the cost per unit way down. This is a significant issue for Saab because most of their potential customer base already had access to purchasing F-35 politically, and the aircraft is literally in a different league than even the next generation Gripen when it comes to capability. Since cost is now becoming genuinely comparable this is only making the problem even worse by reducing potential sales and therefore further increasing cost per unit of Gripen, further cannibalising their sales in a vicious cycle.
There *are* still some factors that differentiate the aircraft in a meaningful way, and nations that already operated Gripen have more of an incentive to stick with an established platform and take an upgrade, so it is more complex than I am making it seem, but fundamentally F-35 is genuinely causing Saab significant difficulties in the international export market
The F-35 sustainment cost is HUGE compared to Gripen so this is a false comparison. F-35 is also riddled with problems, is less capable in many areas than Gripen. Gripen is versatile and durable. Why is the F-35 popular? Find out who blew up the Nordstream pipelines and there is your answer.
It sad story, as some customers were politically bullied into purchasing the F-35. Saab is such a great company.
@@BuckyBeaver666 F-35 is popular for the same reason the F-104 was popular.
Boeing is defended here by the American government, but clearly they just bailed on a deal because they were unwilling and unable to pay. Their argument is ridiculous and fails to establish context. Embraer on the other hand clearly wins the argument.
If these were 2 american companies, boeing would've seen 100 million in buy-out clause fees on their doorstep.
Man - Boeing should be very happy the 787 has worked out so crazy good. Everything else they have touched in the last few years has been a disaster, included their image with other plane makers.....I would be extremely hesitant to go into any deal with this bunch....let them implode all on their own!
From the point of view of a passenger, the 787 is the best aircraft to long range flights available nowadays. Of course that many people love the A380, specially if you fly business, but my favorite is the Dreamliner.
787 sells well but hasn’t been very profitable you can sell a lot of something but at cost or below just means more you sell the more you loose
Didn't realize that Embraer was Brazilian, neat.
That's ironic because it's all in the Name : EMpresa BRasileira AERonautica.
Embraer is headquartered in the town of Sao Jose dos Campos , State of São Paulo. It has since expanded its footprint in the State , and further beyond in the US , with a facility in the state of Florida.
Its precursor , like many other contemporaries , was making small prop planes. Like a Cessna plane. Crop sprayers , small chartered single be dual engines.
The company was handpicked by the Brazilian Military Brass in the late 60’s over other small sized domestic manufacturers , who competed against Embraer at that time. The nod towards Embraer made it easy for Government procurement contracts and the much needed bankrolling to engage into bigger aircraft programs.
At that same time , once they were the handpicked ones, they built a regional turboprop freight and passenger aircraft to carry cargo and people to far flung regions, the Bandeirantes. They also got orders for a training and recognizance single engine aircraft , the Xavantes.
The Brazilian Air Force needed more than that, so fighter jet orders were filled in by a French aircraft builder , Marcel Dassault.
Eventually , Embraer got into the jet propulsion with orders for its civilian charter jet builds. And cargo transport planes. And since then , it has experienced incremental grow on orders and building towards large frames.
Really Good Luck for Embraer - and Boeing once again messed up.
Great watch as always 👊🏿. I love how much information and detail goes into this coverage. As questions pop up in my head you end up essentially answering them somehow along the way in the video with the good background info leading into each story
Embraer, I love these as a passenger, oh so much more foot room.
Culture. The existing culture at Boeing is at times contrary to innovation and change. One of the problems Boeing has is a very top down management style. Moving the headquarters from Seattle to Chicago and now Washington DC is viewed in the lens of monetary considerations rather than development and construction of innovative designs necessary to compete in the 21st century. If you're primarily a military contractor than being closer to Washington DC would seem to be a prudent move. However if you want to be closer to design and innovation then the West Coast is the place to be. Additionally the west coast culture seemed to rub the higher ups at Boeing with their labor demands. Building in South Carolina looked like a good decision in light of "right to work" attitude in the US southern states.
The West Coast does have a lot of engineering jobs, but so does the Southeast, especially in aviation and spaceflight. Most of NASA and much of the Air Force's R&D has been in the Southeast for half a century or more. The trend (not just in aviation, but R&D in general,) though, has been away from the West Coast for a while now. Prices in the Bay Area and Seattle have become ridiculous to the point that engineers don't want to move there anymore. And the progression of technology allowing remote work to become commonplace was already well underway, but dramatically accelerated by Covid. Who wants to pay thousands of dollars a month for a small apartment in the city or else have an hour commute to own a decent home? Speaking as an engineer myself, I sure don't. There's a reason that cities like Nashville and Austin have been growing very rapidly, but that trend has really been for the whole Southeast and Covid has only accelerated it.
And, yes, the Boeing unions brought the South Carolina plant upon themselves. When you cost the company hundreds of millions or billions of dollars with stupid strikes just to flex your muscle and show how much control you have, it shouldn't come as much of a shock when they make moves to mitigate that risk for the future.
If the C Suite wanted Engineering talent , then Huntsville AL would be the place to go. Not South Carolina.
It was a self serving cost cutting move without contemplating the consequences.
3:02 Brazil is a federation of states, actually. So it's not "the Brazilian state"
Ele quis dizer Estado como nação
@@bergson10 Não é verdade, presta atenção: "the Brazilian state retains a vetoing interest and also holds shares". Ele não está a falar da nação, ou do país. Está a falar do governo federal.
Estado brasileiro. Com E maiusculo. Foi isso que isso quer dizer.
Petter, Aermacchi is pronounced "Aermakki", the chi in italian is pronounced "ki". Like "Lamborghini" is pronounced with hard G. Thanks for the story.
“Boeing attempting to not pay the breakup fee” - wow, “what a surprise”, Boeing being Boeing yet again…
Yes.
I worked for Embraer for almost 10 years at the US unit (Fort Lauderdale). Am glad I was no longer there to bear witness to this morale-crushing loss.
😞
BOEING KEEPS SHOOTING ITSELF ON THE FOOT AGAIN AND AGAIN
Another great video Petter! Really looking forward to your next video!
OMG, that shark paint job looked awesome!
I flew the E175 for a while, so glad they finally went full FBW, was a very nice flying aircraft but a bit weird with FBW only on pitch and yaw
It would be great if Embraer (& SAAB) and TATA collaborate together for BRICS markets. That will be a successful venture for sure.
Alliance of India, Russia, and Brazil air companies (who would supplement each other really well) would be amazing, but then rabid nato might blow a gasket in impotent fury...
Never happen… China has been after embrear for years
Not a chance with Tata. They have nothing of value to offer. That and the fact it would dilute the Brazilian Government’s control over the company.
And the largest Indian carrier issued a large order , 40% towards Boeing , and 60% towards Airbus. Not a single aircraft order towards Embraer.
So much for this BRICS nonsense, when Indians still rather suck up to Americans and claim BRICs brotherhood to Brazil but give nothing in return.
First Bombardier, then Embraer.
Boeing, Boeing, Boeing, Gone!!!
Once upon a time, Boeing was an prestigious engineering company. Now it's a shell of it's former self. Don't get me wrong, there are still some talented engineers there in some areas, but make no mistake, bean counters who have trouble seeing past a 12 month time horizon have taken over.
My favorite internet title " The story of Boeing gets sadder and sadder".
Maybe Boeing should just have minded it's own business instead of trying to destroy Bombardier and Embraer.
Boeing has already stolen 100 specialists out of Embraer. A court order limited the percentage of Embraer specialists Boeing can hire each year and now the Amercian company decided to open a research center in Brazil exactly at the same city Embraer operates.
At the time the deal was announced in Brazil, retired Gen. Oziris Silva - Embraer's founder - said during a long tv interveiw that Boeing wanted Embraer's assembly line and that if we were smart we could end up hosting even more of Boeing's assembly in Brazil. At the time, here on youtube, I found a single channel talking about that - a channel a bunch of young enthusiasts hosted! Kukdos for them!
The project to develop aeronautics capabilities in Brazil started in 1950 witht the creation of the Technological Institute for Aeronautics. Those were the good old times when the Brazilian State had long term technology projects ...
great work man! thanks for sharing! keep it up! (would love to know about the history of airlines, like our Greek arilines here, Olympic, Aegean, etc.)
Olympic Airways:
Founded & built by Onassis & then flown into the ground by the Greek State over the course of 30 years or so.
@@LeverPhile more or less 😎
>missed opportunity for the new best friend meme
Sad. Many such cases.
Embare has indefinitely postponed the new turboprop. They made a HUGE mistake in assuming the scope clauses in the US would change. The E2 simply can't meet the scope clauses and the US regionals were at least half their business.
Considering recent statements by the CEO of Embraer Commercial Aviation, the turboprop project apparently has not been postponed indefinitely. According to him, the manufacturer is still defining the technical characteristics of the project and therefore chose not to launch the program officially later this year.
In the medium term, the US scope clauses will have to be updated. With the end of Mistubishi's SpaceJet project, the Embraer E175-E1 is currently the only model capable of meeting these clauses. However, due to increasingly stringent environmental regulations, the engines used in Embraer's E1 range will no longer be able to meet these regulations.
With this, Embraer will have to end the production of this version and only the E2 variant will remain for this market if they want to rely on this type of regional aircraft, even if it is slightly heavier.
@@marcellofms The scope clauses with the US regionals will not be changing anytime soon. Less so more than ever given the shortage of pilots. Embraer bet wong on that one and they know that. Embraer is in a real bind since most of their market was in the US and US carriers have rejected the E2's. Mainline doesn't want them and regionals can't take them.
In the US, Embraer's focus has always been on marketing the E-175 E1.
But this one, in the not so distant future, will not be able to comply with some environmental regulations and Embraer will have no alternative but to end its production.
From then on, there are only two alternatives: updating the scope clauses to allow the use of the E-175 E2 or companies giving up operating regional aircraft, since there is no other similar model on the market.
@@marcellofms I wouldn't put to much focus on the ICAO supposed regulations. They will largely be unenforceable. Each country actually has the real authority not ICAO or the UN. Given the situation pilot situation in the US the scope clauses will not be changing.
@@johniii8147Hey, but they're still manufacturing the old 1st generation E-Jet 175. So I don't think it's a real nightmare for them now. The last weeks saw some news of AA actually purchasing new ones.
Yet another example of Boeing’s toxic management?
For sure!
I was one of the first 100 subscribers to this channel kind sir. Your videos are awesome! Thank you.
Great video, and I'm looking forward to part 2. Subscribed a long time ago.
I wonder if Mentour Pilot would love to fly with the bicycle steering of the Embraers?
It's time to revisit this deal with new Boeing management.
Nooo thank you. Good riddance.
Okay, that's weird. At 6:41 the guy on the right looks to have been edited in. The top of his head has been green screened out. Then again at 14:52 the E2 tail rudder is mostly invisible. I guess someone at Embraer wasn't happy with the real video they had.
I don't care which Canadian or Brazilian manufacturer is responsible for these
Sardine Can "regional jets" , unless you're in (for instance) a CRJs left window single "1st" class seat with aisle access,
forget about comfort.
They're dreadful in economy class and so-called "economy-comfort", no matter how short or how long the flight.
Embraer is actually doing a lot better as a business than most people (and companies) are realising.
I did once travel in a Bandeirante from Oulu to Kuusamo in northern Finland. It was already an old specimen, brown upholstery that was shredded in places, and the whole plane vibrated. I was very young, not yet at school, but had beem traveling by air quite a lot, as my dad worked for Finnair. But that meant I was mostly used to DC-9s and MD-80s, had also traveled to California once in a DC-10. So a small shabby turboprop with weird colours made me a bit suspicious (I thought all airplane interiors should be blue and white as I'd only ever been inside the Finnair planes.)
The Bandeirantes was a 70’s turboprop aircraft. Maintained through spares but no longer in production.
Nice vid, greetings from Sant Celoni!!
Ugh. Unless they somehow fix the vibration and noise issue of turbo props, no thank you. Hated flying on turboprop aircraft, they were always so noisy and vibrated so much that you'd still be shaking 2 days after you got off the aircraft.
Disgraced CEO, Dennis Muilenburg nearly broke Boeing. He really was a thoroughly repellent character too.
Boeing will carry the Burden of Dennis Muilenburg for a long time to come.
The only reason Boeing still exists is US government, otherwise the company would be part of the recent past history.
Boeing owned Dehavilland at one point, that didn’t go well. Dehavilland was sold to Bombardier.
Very interesting video, as always 🙃
03:12 We'd really like a separate video of it! Please!!
Anybody who worked at Embraer at the time of the joint Venture and knows the word “Yabora” knows what a gigantic mess and badly thought out process this was. Timing was horrible as well because of Covid 19 and the 73 Max. At the end, Airbus got the 220 and the 175-E2 flopped. And Embraer lost JetBlue. It sucked for everyone. Another one to put on Dennis Muilenburg’s bag of screw-ups.
I used to fly on the Embraer Bandeirantes all the time as a kid. My dad was in the airforce and my family used to get "free rides" on the military variants all the time. Now EMBRAER IS STILL A STATE COMPANY (your information is wrong on that). What happened was: austerity measures by the Brazilian right-wing. Every single time a right-wing president steps in, they try to privatize everything Brazil has. They pretty give away the country for the Americans or the Europeans. They have been trying to give away Petrobras for decades now and they tried to do that with Embraer too.
Boeing clearly screwed up the bribe to customs by adding a few too many zeroes. The absolutely insane 292% tariff on the C-series not only drove the C-series right into Airbus' hands (Bombardier *GAVE* 51% of the line to airbus for free in order to reach global markets), and subsequently Airbus built a factory in Alabama which then gave it the A220 the status of "Made in America" thus avoiding tariffs all together, but it also torpedo'd any chance of the Canadian government buying the role-perfect F18E to replace our antique CF18's.
Boeing really earned all the financial problems they have.
Boeing's future plans: Chapter 11. The karmic debt of the 737 max continues to haunt the company whose management has done nothing right since
Petter, you mentioned something about their (Boeing) engineers being close to retirement. Is this another reason why they have put a hold on new aircraft design? 🤔
Loving these breakdowns you and the team are doing. Very interesting 👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾
Probably. Creating an entirely new model as their primary airframe would require huge investments into engineering subsequent versions and equipment, aswell as establishing an entirely new network for partsd supply and service. The "cheaper" way that Boeing is seemingly going consists in waiting for Airbus' next generation and then developing a competitor based on that. Though this would mean to cede a considerable lead to Airbus. But that's what Boeing has become, the no. 2.
It’s not about engineers retiring a few months ago. They actually hired thousands of engineers last year, and will this year. It has to do with more Boeing waiting for the digital tools to mature further to create a new clean sheet design, and for a bigger leap in the current engine technology. Remember, Boeing will come out with a new plane, but only if it gives a 20-30% improvement in efficiency, which the current designs and propulsion do not.
Thanks for the input guys 👍🏾
@@Jack3md This assumes they will still have the resources to do that once the time finally comes. But I guess they can always force their congress puppets to bail them out...
@@KuK137 Bail them out? What? Lol, Boeing is nowhere near and will not need a "bail out". Since the covid lockdowns Boeing has been slowly, but surely improving and over the next 2-3 years you will see huge improvements in their overall results mainly due to higher deliveries in the 737 and 787, plus the introduction of the 777X. To simplify, Boeing will be fine and only a clown without an understanding of them would think they need a bailout from the government for their next commercial airplanes program
The Covid 19 point of recession was i too wanted to specify which was the major reason for pull-out from Boeing, .. really noone new how long it would strech.. Boeing could tie up for manuf; facilities and minority stake with Embraer then. Passenger aircraft industry receives very big orders every 2-3 years (Indigo order and now Air India-Tata). having an additional shop floor to meet such demand surges helps aviation co:s to actually accept such orders and create a Balance sheet War chest to overcome cyclical industry downturns.
Covid is not an excuse. When you get paid millions of dollars to be a CEO you should have the knowledge to predict the future. Other I could do his job a lot cheaper and run the company into the ground just a quick.
Curious to see what's in the next video, because even though Boeing's tactics look terrible, i still think they have some ace up their sleeves.
I kept comparing Boeing to Nintendo, always having a leg up on Airbus/Sega, but it's starting to look more bleak now.
Then again, Boeing still gets government money for projects anyway, but yeah, they are taking a big risk.
It's reminding me of Ford, that stopped selling regular cars and moved on to SUV's and trucks, and it's working for them.
Hopefully you don’t think just Boeing gets government money for projects right
Embraer got maxed! 😯
Really, Boeing's bail out of the deal should had gave a huge credibility and image damage, almost unrecoverable with MAX and China Eastern NTSB leaking. I will never fly a Boeing again in my life, if they didn't respect a contract sign by themselves, what they will be?
On the topic of the TTBW concept.
A friend recently remarked that the co investment by NASA and Boeing in the TTWB concept is a way for the US government to financially support Boeings development of a 737 successor. I tend to agree.
Maybe a topic for a future video?
It's not a development of a 737 successor, it's a tech demonstrator.
The funds from NASA will be used to re-wing an existing MD-90 aircraft to test the viability of the TBW and study it's merits and draw backs.
NASA and Boeing partnerships have been going on for decades, it nothing new
BOEING IS SUBSIDIZED 15 billion dollars a year. Why to we continue subsidizing companies that should have their ACTS together. They act more recklessly as too big to fail big government always there with more handout’s continuing the saga. Stop all subsidies. Make companies accountable or bankruptcy.
High inflation really hurts companies as more cash going into servicing debt vs R&D and innovation. Small companies and start ups are really hurt as more debt ladened
Great video mister
Another interesting video? Well done, Petter!
For the first time, this video went above my head! Thanks anyway Mentour!
Really?! In what way?
I'm an engineer but I'm afraid to admit this was very technical for me. Or maybe I need more coffee!
Embraer will never compete directly with Boeing or Airbus. That would require financial resources and market share that Embraer does not have. However, the other side of the coin is also true: Boeing or Airbus certainly have trouble producing smaller aircraft at a competitive price. The A220 production is deficit-prone. That financial fact will become increasingly clear over time.
Never say never.
A series of disappointments from Boeing.
Shame really, we need these giants to be successful and innovative
Go to curiositystream.com/MENTOURNOW and use code MENTOURNOW to save 25% off today. Thanks to Curiosity Stream for sponsoring today’s video.
I signed up for the Curiosity Stream with your discount. It was money well spent! I loved the natural wildlife programs!!
I had no idea all this was going on! Very informative! Thank you!
Boeing only wanted Embraer to destroy it and thus eliminating competition. Reminiscent of Apple's acquisition of Beats headphones.
Boeing had very little competition with Embraer already, especially on the commercial side. The E-jets don't really compete at all with anything Boeing makes... which is exactly why Boeing was interested in it. The smallest plane Boeing Commercial Airplanes either makes now or has any announced plan to ever make is over 30% larger than the largest E2 and has 1,000 nmi longer range.
@@vbscript2 Boeing had very little competition with the Bombardier C series too apparently, and yet Boeing's vile attempt to push them into extinction clearly implies it was a threat to them!
@@josue_kay The CS300 is actually pretty close to the smaller 737s. The E-jets are not.
Maybe Boeing could have learned how to make a comfortable jet. The Embraer is a lot more comfortable.
Really? Have you ever flown the 787 Dreamliner?
It definitely is not.
As I’ve said before Boeing needs a management overhaul… back to the mid 90s when engineers still ran it!
Get rid of these fancy “corporate executive” types and just let the actual people who design the products run the company!
Some of the senior Boeing leadership from a few years ago should be criminally charged. The Embraer/Bombardier stuff doesn't rise to that, but it's just an example of how terrible they were at management.
It was due Max grounding. It broke boeings legs.
I’m a Curiosity subscriber because of you. I’ve signed for one year and I loved!
I am sure that we will have a video about qatar and airbus , really excited for that one
Yes! Me too! By the way, in the next video about Boeing's future, Petter could include some insights about what will happen with the Boeing/Qatar deal during Qatar's dispute with Airbus...
I did a paper on the Boeing/Airbus joint venture for a 747 replacement. My conclusion was that Boeing sucker-punched Airbus. Boeing strung Airbus along with feints, thereby delaying Airbus' own jumbo development and leaving Boeing with an extended monopoly on the jumbo.
I'm sure this whole affair would be easier to understand if you'd used dolls representing the different manufacturers.
Great video, as always.
It would help if you would have 'Titled' each link so we could find the ONE that you mentioned is below!!!
Boeing is now getting Embraer engineers straight from São José dos Campos, offeeing higher wages for them so they leave Embraer and join their office. Embraer cant pay higher wages at the moment due to its financial situation, while it requires a high workload from its engs, and Boeing is taking full advantage of that
Drain brain
People saying that the deal failure was better for Embraer doesn't know what they are talking about. If Embraer doesn't find quickly a partnership with similar terms, they will be drowned by E2 debts and crushed by Airbus.
@@Parc_Ferme Embraer wouldn´t exist today if Boeing would have bought them. The interesting parts would have departed into the US, the rest of the shop closed.
At least they have now the chance to survive.
@@NicolaW72 You couldn't be more wrong: "New Embraer" would be a company with pretty new top class portfolio in the business jet (Praetor) and military (C390 and E36 Grippen). With billions in cash and almost zero of debt. Never in it's history the company would be in such comfortable financial position.
Now they will have to face alone Airbus and God know how they will pay the E2 development debt with a few sales. The only way Embraer will survive, will be if they make a similar deal with COMAC.
@@Parc_Ferme The Embraer brand would have already disapeared and it would have become a Boeing division.
C390 is an excellent jet. Way better than ancient c130
15 minute video can be summed up in 20 seconds: aviation industry tanked globally and Boeing was in dire straits due to 737 Max problems as well.
Ahh, yes. Isn’t it fantastic how nuanced things can be summed up in seconds.
The thing is though, without nuance you really learn very little and understand even less.
That’s why we don’t only teach pilots to “pull back to go up, push forward to go down and use those throttles if you want to go faster or slower”.
The truth lies in the details.
Have a great day.
@@MentourNow that’s correct.