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(Komo)   Boeing, Boeing, gone   (komonews.com) divider line
    More: Interesting, last month, Flying wing, plane, Max, KOMO  
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2021 clicks; posted to Business » on 15 Jul 2020 at 1:41 AM (4 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



24 Comments     (+0 »)
 
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2020-07-14 6:33:38 PM  
They're building F-15s as fast as they can make them instead.
 
2020-07-14 7:27:23 PM  
There is no reason this multi billion dollar (trillion dollar?) company can't dig into its nest egg and protect its workers.

And why aren't THEY manufacturing ventilators?  Too upper crust?
 
2020-07-14 8:57:08 PM  
Fark user imageView Full Size
 
2020-07-14 9:26:53 PM  
They're too big to fail. Worst-case they'll have to reorganize and let a shell company go bankrupt after selling all of the assets to a new organization (which happens to have the same executives) for pennies on the dollar.
 
2020-07-14 10:13:51 PM  

Ivo Shandor: They're too big to fail. Worst-case they'll have to reorganize and let a shell company go bankrupt after selling all of the assets to a new organization (which happens to have the same executives) for pennies on the dollar.


Thanks to merger mania, they're the only one left to fail. They are the sole airline builder of America now.
 
2020-07-14 11:22:34 PM  

Ivo Shandor: They're too big to fail.


memegenerator.netView Full Size
 
2020-07-15 1:51:55 AM  

edmo: Ivo Shandor: They're too big to fail. Worst-case they'll have to reorganize and let a shell company go bankrupt after selling all of the assets to a new organization (which happens to have the same executives) for pennies on the dollar.

Thanks to merger mania, they're the only one left to fail. They are the sole airline builder of America now.


I mean it isn't like there is much more in the way of airline manufacturers globally. For both of the big ones they have too many suppliers that people don't want to fail.
 
2020-07-15 2:29:08 AM  
It's a great long the buy right now.
 
2020-07-15 5:18:28 AM  
Yikes. According to a Jan. 2020 Forbes article (hush now, this is their wheelhouse) 60% of Boeing's income is commercial air. That still leaves a decent chunk of cash coming in from the pew-pew stuff, but that 5,800 worker layoff is a hell of a blow. Lots of people hoping those bars in Everett and Renton stay open...
 
2020-07-15 6:06:21 AM  

Marcus Aurelius: They're building F-15s as fast as they can make them instead.


I doubt they can transfer those skills and facilities from one type to another.
 
2020-07-15 7:15:41 AM  
F-15 and all its variants
F/A 18 E/F/G
P-8
KC-767
E-3
Boeing AH-64 Apache
Boeing Vertol CH-47 Chinook
V-22 Osprey
Not to mention AF-1 and E-4 Sentry or the missiles and drones they make.

They are corporate welfare bums and as long as the US needs military aircraft they'll be ok.

They should try making quality airliners that don't have huge flaws and crash because of them
 
2020-07-15 7:20:19 AM  
They just got a new $1.2B contract for the F-15EX. They should be okay for a little while.
 
2020-07-15 7:31:11 AM  

edmo: Ivo Shandor: They're too big to fail. Worst-case they'll have to reorganize and let a shell company go bankrupt after selling all of the assets to a new organization (which happens to have the same executives) for pennies on the dollar.

Thanks to merger mania, they're the only one left to fail. They are the sole airline builder of America now.


Currently, yes. However, there are other companies could buy up bits of Boeing and make airliners should Boeing disintegrate.
 
2020-07-15 7:55:21 AM  

Ketchuponsteak: Marcus Aurelius: They're building F-15s as fast as they can make them instead.

I doubt they can transfer those skills and facilities from one type to another.


The McDonnell Douglas executives that took over Boeing always hated the Washington facilities anyway.  They have to pay real labor costs.  It's much more profitable to hire scabs.
 
2020-07-15 7:56:12 AM  

OrionXVI: edmo: Ivo Shandor: They're too big to fail. Worst-case they'll have to reorganize and let a shell company go bankrupt after selling all of the assets to a new organization (which happens to have the same executives) for pennies on the dollar.

Thanks to merger mania, they're the only one left to fail. They are the sole airline builder of America now.

Currently, yes. However, there are other companies could buy up bits of Boeing and make airliners should Boeing disintegrate.


The US taxpayer will bail out Boeing.  America has socialism, but only for the top 0.1%.
 
2020-07-15 7:56:31 AM  
BA was trading at $80 sometime this past spring. I flinched, and in two week's time it was trading at $200.

Should have see that easy money.

If it goes down to $100 again I'll pick up a few.
 
2020-07-15 10:28:47 AM  

Marcus Aurelius: OrionXVI: edmo: Ivo Shandor: They're too big to fail. Worst-case they'll have to reorganize and let a shell company go bankrupt after selling all of the assets to a new organization (which happens to have the same executives) for pennies on the dollar.

Thanks to merger mania, they're the only one left to fail. They are the sole airline builder of America now.

Currently, yes. However, there are other companies could buy up bits of Boeing and make airliners should Boeing disintegrate.

The US taxpayer will bail out Boeing.  America has socialism, but only for the top 0.1%.


All the workers that keep their jobs because of a bailout will be happy to know they're part of the 0.1%
 
2020-07-15 10:48:57 AM  
Have they tried outsourcing making the pieces of their planes to lowest bidders scattered all over the world in an unmanageably complex web? That's sure to improve the situation.
 
2020-07-15 10:55:43 AM  

Mollari: F-15 and all its variants
F/A 18 E/F/G
P-8
KC-767
E-3
Boeing AH-64 Apache
Boeing Vertol CH-47 Chinook
V-22 Osprey
Not to mention AF-1 and E-4 Sentry or the missiles and drones they make.

They are corporate welfare bums and as long as the US needs military aircraft they'll be ok.

They should try making quality airliners that don't have huge flaws and crash because of them


I am sure they screw those other aircraft up just as much as the civilian aircraft.  They just get cost + to fix it, and the military doesnt care as it is funny money to them.  Congress doesnt care as its "JORBS" and "MILITARY"
 
2020-07-15 12:22:45 PM  

gunsmack: They just got a new $1.2B contract for the F-15EX. They should be okay for a little while.


You realize that's literally 1-2% of their typical annual revenue, right?  And it would be spread over many years.  Even if they got it all at once, it's about 5 days of revenue.

Their defense business will float the structure of the company for a while, but if they don't have a really solid plan for the 737 Max debacle (a shiny new replacement or one hell of a fix and marketing campaign), Boeing is going to see some serious contraction over the next 5 years.
 
2020-07-15 6:25:55 PM  
They might as well scrap the MAXes...  chalk it down as a lesson learned.. that or keep the fuselage and rebuild to design specs..
 
2020-07-15 6:27:19 PM  

Marcus Aurelius: OrionXVI: edmo: Ivo Shandor: They're too big to fail. Worst-case they'll have to reorganize and let a shell company go bankrupt after selling all of the assets to a new organization (which happens to have the same executives) for pennies on the dollar.

Thanks to merger mania, they're the only one left to fail. They are the sole airline builder of America now.

Currently, yes. However, there are other companies could buy up bits of Boeing and make airliners should Boeing disintegrate.

The US taxpayer will bail out Boeing. America has socialism, but only for the top 0.1%.


Not voluntarily....
 
2020-07-16 3:09:07 AM  
I think some of you guys fail to realize how many layers of the Boeing supply chain is local to WW. They buy raw materials and finished products and every thing in-between. Seats, lavs, galleys, raw stock, plastics, CNC shops, composites raw - finished goods.... And a good portion is made with 100 miles. Part of what I do is ensure my company buys parts sourced in the US or I have to request permission to source outside the US.
Boeing crashing would be a very bad thing economically, however there are a typical 100+ year old company - bloated and in their own way
 
2020-07-16 7:53:14 AM  

H31N0US: BA was trading at $80 sometime this past spring. I flinched, and in two week's time it was trading at $200.

Should have see that easy money.

If it goes down to $100 again I'll pick up a few.


I was sitting with my 18yo nephew in the spring and he pointed out the$80+-. I said I get back to it later in the day. He bought right then.  He only had enough for a handful of shares but he's a rightfully proud puppy.
 
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