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Well, it's getting really scary if two* airline CEOs speak publicly against Boeing, no matter what their motivation is. * there's a piece of news about Southwe
by nottorp 3y ago
Well, it's getting really scary if two* airline CEOs speak publicly against Boeing, no matter what their motivation is.
* there's a piece of news about Southwest, i think, saying they'll start considering alternatives to Boeing.
- ethanbond 3y agoIt was United
- nottorp 3y agoSorry. Can't tell US airlines with no european presence (except transatlantic flights i guess, but i don't do those) apart.
- peblos 3y agoRyanair as well. Although they softened their statement, it still spoke to reduced confidence
- nunez 3y agoOh man, if Southwest defects from Boeing, Boeing is done for.
- toomuchtodo 3y agoAirlines need to push Boeing into chapter 11, acquire a controlling interest, and install adults in charge who can deliver.
- retrocryptid 3y agoI think we should nationalized Boeing, fix it and re-ipo it. Not because I think government can do better at operating at a profit, but because it would be a sick burn: your company was so poorly managed, it had to be taken over by the feds because an airplane version of Amtrak is a better alternative to letting the you clowns continue to manufacture aircraft.
- toomuchtodo 3y agoStrongly agree, I just don't believe there is the political will to do it at this, so we're left with capital market and corporate leverage mechanisms to encourage a positive outcome. Much easier to get everyone in a room and say, "We're going to starve Boeing of revenue until it walks into Chapter 11, at which point we'll be ready to recapitalize and install new folks." Absolutely not my preferred thoughts on fixing a rotting enterprise, but you go to work with the tools you have.
- nebula8804 3y agoI just don't see how this can happen unless you have global consensus. They are booked until what the next 8 years? Whats to stop non-american airlines desperate for slots on the new aircraft from snapping up those slots?
- nvm0n2 3y agoThe risk is that this simply makes their culture problems worse. Governments aren't famous for turning around failing private companies. And then there's, y'know, the whole DEI angle. Being acquired by the US Government isn't going to make them more likely to promote white male engineers to sort things out.
- DonHopkins 3y agoThe airline CEO threw Boeing under the Airbus!