AvTalk Episode 200: Boeing earnings and arraignment, NTSB comments again
AvTalk - Aviation Podcast
Flightradar24
4.8 • 1K Ratings
🗓️ 27 January 2023
⏱️ 43 minutes
🧾️ Download transcript
Summary
On this week’s episode of AvTalk, Boeing reports its financial results for 2022, we preview Boeing’s arraignment on fraud charges in Texas, the NTSB issues more comments on the Ethiopian 302 final report, and we learn what brought down the air traffic control system in the Philippines earlier this month. Boeing’s big week Boeing reported […]
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Transcript
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| 0:16.0 | Hello and welcome to episode 200 of Avtoc. I am Ian Patchnick here as always with Jason Urbinnowitz and welcome to the big 2000 |
| 0:20.0 | Ian what do we have planned for today |
| 0:22.0 | some confetti any pizza coming my way anything? |
| 0:25.8 | Streamers, balloons we've got 2,000 drones are gonna draw the end of talk logo. |
| 0:33.0 | Unfortunately, this is the podcast, so you can't see it. |
| 0:37.0 | There's confetti and lasers and all sorts of fun things happening here that you just can't see unfortunately. |
| 0:42.8 | I was going to get like one of those party, the blowy honky things. |
| 0:46.8 | I don't know what you call it that just make noise and then I was like why would we |
| 0:50.4 | subject our listeners to that? It just seems me. We can commit to never having an |
| 0:55.4 | airhorn on this. There you go. There you go. There you go. We do have a good episode to celebrate |
| 1:01.8 | our 200 lots happening this week and our good episode |
| 1:05.0 | 200, a lot happening this week. And our episode 200 corresponds to the run-up to the last delivery of the Boeing |
| 1:12.0 | 747, so we'll have a little bit of discussion this week and we'll talk more next week, you know as the delivery takes place. |
| 1:19.0 | But let's just dive in with what happened today, the 25th of January, Wednesday. |
| 1:24.7 | Boeing reported its fourth quarter and full year results for 2022. |
| 1:30.3 | They, corporate financial reporting always boggles my mind because you can say we lost 5 billion last year, we lost 5 billion dollars last year. But things went well. Yeah, things are looking up. I got my quarterly text from my dad about Boeing's earnings. Hi dad, if you're, I know you're listening, but this time for the first time in many |
| 1:53.4 | quarters it was I'm saying oh look at Boeing what the hell is wrong with him they lost |
| 1:57.3 | so much money and then I could finally say that hey things you know could be worse and they're looking up for Boeing. |
| 2:04.0 | So that's something we haven't been able to stay for a very long time. |
| 2:08.0 | Yeah, they reported a little over $5 billion loss for last year, |
| 2:12.0 | but they did have positive free cash flow and more importantly |
| 2:19.0 | the improvement in the situation continues. So lots of things that Boeing was concerned with as far as suppliers and the supply chain issues that Boeing and every other aerospace company has been dealing with. |
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