3 ms·

Weren't they doing this and then got pushed out by Boeing? It seems like the business of making airplanes has an incredibly high cost of entry, tons of regulati

by mym1990 3y ago

Weren't they doing this and then got pushed out by Boeing? It seems like the business of making airplanes has an incredibly high cost of entry, tons of regulation, and fairly thin margins. One incident would be all it takes to shut a newcomer down.

tech2 3y ago
I think that whole situation is what eventually meant MD being purchased by Boeing, Lockheed leaving civilian aircraft manufacture, and Rolls Royce being bailed out and semi-nationalised. The DC-10/L-1011 competition was an amazing period of time with some massive impacts in civil aviation, all because two companies fought (and both lost, kinda/sorta) over a segment only large enough for one of them.
CyberDildonics 3y ago
One incident would be all it takes to shut a newcomer down. Do you have any examples of that happening to a company as big as Lockheed Martin, which has a market capitalization of over 100 billion?
- mym1990 3y ago
  I meant a brand new builder…Lockheed Martin is obviously not a newcomer to making airplanes.
  - CyberDildonics 3y ago
    The person you replied to directly said 'what if lockheed martin' started producing planes to compete. You answering 'what is a brand new company screws up' has nothing to do with that.
    - deleted 3y ago
      [deleted]
    - mym1990 3y ago
      They definitely didn't say 'what if' but 'what would it take'. Which would be a massive subsidy or investment to get enough runway to get a plane out and see if it can compete. As far as examples of 100 billion dollar companies going bankrupt? 5 of those.
      - CyberDildonics 3y ago
        You said yourself they are 'no stranger to making airplanes' now you're saying they'll go bankrupt?
panick21_ 3y ago
They didn't get pushed out by Boeing. Boeing launched the successful widebody 747. The LM and MD both launched wide-body tri-jets. Airbus launch widebody 2-engine jet. But the market simply was only big enough for one of each. So LM and MD basically competed. MD having a more established costumer base, lower prices and being first to market won against the more fancy LM jet. So really its more accurate to say that MD killed LM. But really it fucked both companies over, widebody tri-jets just weren't a big enough category. LM engineering was mostly on point. They should have just build a twin-jet instead. The problem is, a single project is so expensive it might take the company down. LM made a bet, lost and it almost destroyed the company. So they didn't want to bet again.

tech2 3y ago

I think that whole situation is what eventually meant MD being purchased by Boeing, Lockheed leaving civilian aircraft manufacture, and Rolls Royce being bailed out and semi-nationalised. The DC-10/L-1011 competition was an amazing period of time with some massive impacts in civil aviation, all because two companies fought (and both lost, kinda/sorta) over a segment only large enough for one of them.

CyberDildonics 3y ago

One incident would be all it takes to shut a newcomer down. Do you have any examples of that happening to a company as big as Lockheed Martin, which has a market capitalization of over 100 billion?

mym1990 3y ago
I meant a brand new builder…Lockheed Martin is obviously not a newcomer to making airplanes.
- CyberDildonics 3y ago
  The person you replied to directly said 'what if lockheed martin' started producing planes to compete. You answering 'what is a brand new company screws up' has nothing to do with that.
  - deleted 3y ago
    [deleted]
  - mym1990 3y ago
    They definitely didn't say 'what if' but 'what would it take'. Which would be a massive subsidy or investment to get enough runway to get a plane out and see if it can compete. As far as examples of 100 billion dollar companies going bankrupt? 5 of those.
    - CyberDildonics 3y ago
      You said yourself they are 'no stranger to making airplanes' now you're saying they'll go bankrupt?

panick21_ 3y ago

They didn't get pushed out by Boeing. Boeing launched the successful widebody 747. The LM and MD both launched wide-body tri-jets. Airbus launch widebody 2-engine jet. But the market simply was only big enough for one of each. So LM and MD basically competed. MD having a more established costumer base, lower prices and being first to market won against the more fancy LM jet. So really its more accurate to say that MD killed LM. But really it fucked both companies over, widebody tri-jets just weren't a big enough category. LM engineering was mostly on point. They should have just build a twin-jet instead. The problem is, a single project is so expensive it might take the company down. LM made a bet, lost and it almost destroyed the company. So they didn't want to bet again.