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It is in the interest of the public that Boeing remains competitive in this space. Otherwise, companies like Airbus would no longer be incentivized to pursue te
by caseyy 3y ago
It is in the interest of the public that Boeing remains competitive in this space. Otherwise, companies like Airbus would no longer be incentivized to pursue technical excellence as a competitive advantage. For them too it would become a sensible business decision to count beans and cut corners. Overall, everyone would be worse off.
Market-dominating companies have problems like that. If we strike them off for this, that’s not sustainable.
Public bailouts are unsustainable, too. But it would be worse if the company isn’t kept around. It would be good if there was a way to somehow penalize the people at Boeing for acting this way, with total negligence towards lives of their passengers. So that this would stand as an effective deterrent for the future. I think this is what everyone wants, not the downfall of
Boeing.