Brooke, we don't know what caused this crash yet, but from a Boeing perspective while that matters, what does this mean for them and their place in china?
Sure, I just want to reiterate what you said, you know, that there's still a lot that we don't know now.
But it does seem relevant to me that, you know, in the aftermath of this you've seen that airline China Eastern ground its entire 737-800 NG fleet.
And so that seems to me to signal, you know, an attitude of, you know, blunt instruments when aviation safety is concerned while we wait for some of these facts to come out.
And I think given that you do have to wonder what this does for the timeline of the Max resuming commercial flight in China.
And allowing Boeing to resume deliveries to that country to your point, this is a different model, this is not the Max which has just gone through a very rigorous recertification process following those two crashes.
But I think you know China is looking to be, you know a more respectable authority, as far as aviation safety is concerned, they were the first to ground the max in the wake of those two crashes.
And you have to think that they would take a very careful approach. From here.
Brooke, not to minimize the human impact of the crash, but let's talk about that regulatory, kind of standpoint when it comes to China.
What is perhaps the worst case scenario here? when it comes to Boeing and China kind of getting back on the same page⁽¹⁾.
最坏的情况可能是什么？当涉及到波音和中国时，似乎回到了一致的立场。⁽¹⁾On the same page，目标或意见一致，或想法一样，该短语被认为在唱诗班唱歌的所有的歌手必须在同一页。它也可能起源于课堂和会议，每个人都必须阅读同一页才能理解讨论的内容。这种确切的第一次书面引用是在1979年，但这个短语可能在那之前就存在了。
You don't have Boeing stock for example down five and a half percent, can you speak to a little bit about what the consequences are?
I think the concern is if you are not delivering planes to China, it becomes very difficult to clear out that inventory of Max jets that Boeing built up.
During the course of the grounding as of january they had about 335 undelivered Max jets in their inventory.
And if you can't clear out that stockpile, then it raises questions of well how do you justify that 31 jets a month production pace that Boeing was targeting for early 2022.
It's just hard to see how you get there without China demand, China deliveries.
We have seen of course you know other airlines, increasing their orders, this is a much better aerospace market than it was even just six months ago.
But you need China! if you're Boeing, and so you know I think any kind of delay there does raise question marks just about the timing of that pace.
And the reason why that's important is we've seen the aerospace supply chain already struggling to ramp up output.
As they come out of the covid doldrums, you have labor issues you have casting and forging issues. And you know it's very important to have a clear timeline as you try to work through all those.
Just to wrap this conversation up, the NG historically statistically is a very safe airplane, isn't it just briefly broke. - Yes it is, absolutely I mean this is the previous generation before the Max it's been around for 25 years.
总结一下，从历史数据上看，737NG是一架非常安全的飞机，它只是短暂地出了问题。 - 是的，这是绝对的，我的意思是这是在737Max之前的上一代机型，它已经运转了25年。
It has a very very good safety record, you know there's no known problems with this plane, and you know like I said there's still a lot that we have to learn about what exactly happened here.
But it seems you know unlikely that there would be systemic issues just based on what we know so far, but we'll learn a lot more in the days to come.