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Not at all excusing what’s happened, but if Boeing and Airbus disappear, who’ll create the new jumbo jets? You can’t just kill a company like that. You can fine
by colejohnson66 6y ago
Not at all excusing what’s happened, but if Boeing and Airbus disappear, who’ll create the new jumbo jets? You can’t just kill a company like that. You can fine the living daylights out of them, sure, but don’t kill them.
- bmitc 6y agoRegarding Boeing, it’s my opinion that you don’t kill off the whole company but rather kill off all the regulation loopholes that allowed this 737 Max mess to begin with. If Boeing can’t get their plane fixed and certified, properly, then big deal. That’s their problem. If they fail because they can’t sell their “new” broken plane, they killed themselves off. The even bigger problem is that our governments allow companies to get to these “too big to fail” states, and I myself am pretty tired of it. Every single time it is the consumer that pays, either literally or with their lives.
- colejohnson66 6y agoSomething definitely needs to be done about it, but “too big to fail” is a very real thing. Regulation fixes, corporate culture fixes, something, but killing the companies that are “too big to fail” isn’t a good idea in most cases.
- bmitc 6y agoI’m not really sure what you’re addressing. Preventing too big to fail doesn’t mean preemptively killing off companies.
- colejohnson66 6y agoI’m saying that, just like monopolies, there’s nothing inherently bad about being “too big to fail.” But when they do stuff wrong, we still punish them, but we don’t kill them. Break them up? Possibly.
- ClumsyPilot 6y agoIf they are too big to fail that already is implying monopoly and unfair situation for their competitors. It can't be good for innovation or the consumer if a giant established player is getting preferential treatment.
- zhte415 6y agoBombardier, Embraer, Ilyushin, Mitsubishi, Tupolev, BAE - have flown on all these and really liked Bombardier and Embraer, very quiet, generally pleasant, for a short haul I'd opt for these rather than a 737 or A320. An expectation of a product creates a product. And a product (can) create(s) demand with or without that expectation. Of course that won't happen as aerospace is such a strategic industry.
- gsnedders 6y agoFWIW, note that Bombardier is out of the commercial aviation market now; their only doing business jets now. BAe, now BAE Systems, is very much a defence company; the commercial side effectively went to Airbus with BAe's stake in it. Multiple aviation projects have almost bankrupt Bombardier in recent history, so I don't really see them getting back into it. And it's hard to see what BAE Systems would get out of entering the commercial aviation market.
- throwaway201103 6y ago... Ilyushin ... Tupolev Um let's be serious. Hard no on those.