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Started By
Message
re: Boeing Knew About Safety-Alert Problem for a Year Before Telling FAA, Airlines
Posted on 5/7/19 at 12:39 pm to Draconian Sanctions
Posted on 5/7/19 at 12:39 pm to Draconian Sanctions
Thirty-six non-black budget reasons Boeing isn't going anywhere.
If you think airliners are expensive...
That's not even counting their space segment. Taking a significant hit to its civilian airliner operations would definitely hurt Boeing's bottom line, but their military and space divisions make a metric shite ton of money for the company.
If you think airliners are expensive...
That's not even counting their space segment. Taking a significant hit to its civilian airliner operations would definitely hurt Boeing's bottom line, but their military and space divisions make a metric shite ton of money for the company.
This post was edited on 5/7/19 at 12:45 pm
0
Posted on 5/7/19 at 5:56 pm to FearTheFish
Heh, there financials are pretty damn strong. They can take a hit and come out fine.
They had 7.9 billion in profits in 2018.
They have 8 billion in liquid assets.
And they repurchased 9 billion in stock last year.
They have options
They had 7.9 billion in profits in 2018.
They have 8 billion in liquid assets.
And they repurchased 9 billion in stock last year.
They have options
Posted on 5/7/19 at 6:13 pm to Draconian Sanctions
quote:
quote:
Isn’t the head of the FAA a former Boeing exec?
We love our crony capitalism, don’t we folks? Very swampy indeed.
downvoters have no response to this
I guess the answer is to follow the Soviet model of Aeroflot safety ?
Posted on 5/7/19 at 6:17 pm to Draconian Sanctions
Someone should definitely go to jail. But, they wont. Boeing will shell out a few billion in fines and all will be forgotten after a while.
Until something like this happens again. Sad.
Until something like this happens again. Sad.
Posted on 5/7/19 at 6:27 pm to MrLarson
And the head FAA during approval of plane through Jan 2018 was Michael Huerta - an Obama appointee who also work in Dep of Transportation under Clinton with a private job in between at Affiliated Computer Services. Don’t see Boeing listed for him either (at least not as an executive). So he has to be thinking of someone else.
https://en.wikipedia.org/wiki/Michael_Huerta
https://en.wikipedia.org/wiki/Michael_Huerta
Posted on 5/7/19 at 6:44 pm to member12
quote:
risk their reputation.
That ship has sailed.
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