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I'm almost there, after reading about how much Boeing has spent on stock buybacks (5x all of R&D over the past six years) I think I'm going to start looking int

I'm almost there, after reading about how much Boeing has spent on stock buybacks (5x all of R&D over the past six years) I think I'm going to start looking into which model typically services a route and avoid all modern Boeing planes. Boeing made a lot of executives super rich with buybacks and equity compensation, this led directly to the shoddy engineering choices.

rapsey 7y ago
Just like every other major public company. If that is your criteria you will be left with little to buy.
- deleted 7y ago
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- stopads 7y ago
  No, the current buyback madness (at least at these levels) is a very recent invention of the past decade and quite abnormal. We can go back to reinvesting in companies and employees and research tomorrow if we want to. But this would require boards and executives who didn't want to just grant themselves huge amounts of equity while buying back stock. So far not many boards are standing up for this.
  - rapsey 7y ago
    Yeah recent like you said for boening last six years. They are doing what everyone else is doing so it is pretty strange to single them out on this issue.
    - stopads 7y ago
      I've complained about many companies that are devoting even more resources to buybacks on this very forum, including Chevron, Texas Instruments, Google and Oracle. Google in particular has been the trendsetter, everyone else is trying to keep up with their buybacks. This news story is about Boeing, so yes I'm going to talk about Boeing here. Do you work in defense or aerospace? You seem to be taking this personally for some reason.
      - rapsey 7y ago
        Nope and neither am I taking it personally
pdonis 7y ago
> avoid all modern Boeing planes First, if you think Airbus is any better, you should think again. Second, what do you mean by "all modern Boeing planes"? If you just mean "planes designed after the merger with McDonnell Douglas", that's just the 787 and the 737 Max. The latter is grounded and the former only flies select long haul routes. For the average US business traveler they're a non-issue.
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rapsey 7y ago

Just like every other major public company. If that is your criteria you will be left with little to buy.

deleted 7y ago
[deleted]
stopads 7y ago
No, the current buyback madness (at least at these levels) is a very recent invention of the past decade and quite abnormal. We can go back to reinvesting in companies and employees and research tomorrow if we want to. But this would require boards and executives who didn't want to just grant themselves huge amounts of equity while buying back stock. So far not many boards are standing up for this.
- rapsey 7y ago
  Yeah recent like you said for boening last six years. They are doing what everyone else is doing so it is pretty strange to single them out on this issue.
  - stopads 7y ago
    I've complained about many companies that are devoting even more resources to buybacks on this very forum, including Chevron, Texas Instruments, Google and Oracle. Google in particular has been the trendsetter, everyone else is trying to keep up with their buybacks. This news story is about Boeing, so yes I'm going to talk about Boeing here. Do you work in defense or aerospace? You seem to be taking this personally for some reason.
    - rapsey 7y ago
      Nope and neither am I taking it personally

pdonis 7y ago

> avoid all modern Boeing planes First, if you think Airbus is any better, you should think again. Second, what do you mean by "all modern Boeing planes"? If you just mean "planes designed after the merger with McDonnell Douglas", that's just the 787 and the 737 Max. The latter is grounded and the former only flies select long haul routes. For the average US business traveler they're a non-issue.

deleted 7y ago
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