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But the airlines know that Boeing will never go under because the US government would (justifiably) never let that happen for strategic reasons.
by room271 7y ago
But the airlines know that Boeing will never go under because the US government would (justifiably) never let that happen for strategic reasons.
- munk-a 7y agoBoeing has burned a lot of political and public capital recently so they may actually be in hot water over this. As a Canadian I'm still pretty outraged over the stupidity that the US carried out at Bombardier - Boeing basically told the US Government "Hey, those Canadians are better than us at everything" and then the US Government said "Oh, poor baby, well we'll just help the free market out with a 300% tariff." Thanks free market economics!
- GhettoMaestro 7y agoCool story, bro. Except that isn’t really the market reality.
- chrisseaton 7y agoThe US needs Boeing for military planes.
- duckymcduckface 7y agoAlthought as a Montrealer I am really unhappy that the C-series is now called the A220, I was very happy when Bombardier basically bitch slapped Boeing by getting Airbus to buy it and make it in the US.
- munk-a 7y agoIt was hilarious to watch the Airbus licensing, but Bombardier also got the raw end of the deal - with the corner they were backed into they're going to end up seeing a lot less revenue off that model then they had planned.
- JumpCrisscross 7y ago> they're going to end up seeing a lot less revenue off that model then they had planned Per unit. Lifetime revenues could likely be higher given the heft of Airbus’ marketing machine. Agree, however, that it compounds Boeing’s image as a distracted company.
- tropo 7y agoCanada did that with dairy products. Fair is fair.
- astrodust 7y agoHence Boeing will never improve, it'll just be in a perpetual death spiral. See also: Bombardier.