3 ms·
Boeing's fine is essentially nothing more than a one-time 10% rebate to their largest customer. (Reference: In 2017, Boeing booked over $22 BILLION in revenue
by just_steve_h 6y ago
Boeing's fine is essentially nothing more than a one-time 10% rebate to their largest customer.
(Reference: In 2017, Boeing booked over $22 BILLION in revenue from the US government. https://www.forbes.com/sites/greatspeculations/2020/01/02/how-much-of-boeings-revenues-comes-from-the-us-government/ https://www.forbes.com/sites/greatspeculations/2020/01/02/ho... )
- londons_explore 6y ago> Boeing booked over $22 BILLION in revenue from the US government. Which, by the way, is totally not state support, especially if anyone from Airbus is within hearing distance...
- oblio 6y agoWell, at the level they're at, and considering the strategic and military considerations, everybody does it. I'm reasonably sure EU countries do the same with Airbus, and I'm European.
- londons_explore 6y agoIndeed, they do. We should just drop the pretense this playing field is level...
- benhurmarcel 6y agoThey do, but Boeing gets about double the military activity of Airbus.
- laurent92 6y agoDoes it bar the EU and China from conducting their own criminal investigation, ask for extradition of the management team and/or impose their own fines?