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These companies have gutted their research and development costs to increase free cash flow. For example, Boeing’s share repurchase program also accelerated as
by Donald 7y ago
These companies have gutted their research and development costs to increase free cash flow. For example, Boeing’s share repurchase program also accelerated as BA reached all time highs and became an extremely risky asset after the second MAX crash and endless FAA investigations. That’s a senseless use of capital yet they’re asking tax payers for bailouts.
- senordevnyc 7y agoWe’re talking about airlines, not Boeing. How much R&D should they be doing?
- op00to 7y agoI'd support research in getting me off the plane without having to have someone's fat, stinky, fart-loaded ass in my face for 15 minutes, then waiting in line for another 15 minutes to get off the plane as I bash other people with my bag. Maybe they could throw a few billion at that.
- dboreham 7y agoThat problem can probably be solved with a small dose of common sense.
- whb07 7y agoYou mean they couldn’t be doing R&D into better flight paths for fuel economy or risk? What about finding ways to better transact with the end client? Or a better way to deal with cargo? How’s about research into a machine to better load cargo into the plane? What type of question is this?
- yyy888sss 7y agoThey already do this, in fact it's critical to optimise things like this in a low margin industry like airlines. Any airline that doesn't calculate the best flight paths for fuel economy will quickly go out of business.
- whb07 7y agoBecause they couldn’t spend more money to improve things, yep, you’re right.