this post was submitted on 12 Mar 2024
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If Boeing stock drops another $30 or so, I'm going to have to buy some.
Why? I think there’s a decent chance they don’t survive this - at least their commercial airplanes. I won’t fly on a Boeing any time soon, if ever. It will take years to get back to a safety culture and there are tons of shit planes manufactured in the past several years that will be in service for decades.
If I was a pilot, I wouldn’t want to fly one either. They just had another incident where a pilot says the gauges went blank and he lost control. If a pilot union starts pushing back, it’s game over.
Would you fly on one of their planes?
Because the US government is going to seem them too big to fail. Too many jobs, too much lobbying, and too many government contracts.
https://www.opensecrets.org/donor-lookup/results?name=Boeing+
They're the airplane manufacturer in the US at that scale. There is zero chance the gov't will let them fail.
Third largest US wepons contractor as well.
Edit: Added info about ranking
Boeing isn't going anywhere, they're a major part of the US MIC and DoD contracts will keep em afloat. They clearly don't care about civilian affairs, based on their QC as seen here, imo