3 ms·
> optimize for profit So where are the profits? Boeing hasn't made money since 2018 and I suspect their revenue per employee is very low. They are "too big to
by bsdpufferfish 3y ago
> optimize for profit
So where are the profits? Boeing hasn't made money since 2018 and I suspect their revenue per employee is very low.
They are "too big to fail", part of the ministry of defense, and a large make-work program.
> they consolidate into monopolies
Indeed there are about 3 aerospace companies setup to server the US government. It regulates everything from how paperwork is stored, to what tests candidate employees must pass, and which parts they can order.
In the commercial sector all of their customer's requirements come from the government.
> Airlines are less regulated today
In what ways?