Another $25 billion in debt. Is that sustainable? How long before filing for Chaper 11 becomes a solution to break up the company into smaller more efficient units?
11 replies (most recent on top)
So in the end max will get approved. It’s ok we will wait for 2021 no one buys any planes now anyways. By the time they will max will be ready.
What are you crying about then?
Boeing is the best.
Boeing is certainly capable of failing. The Kool-Aid drinker's who say it's not are in for a ride awakening.
They probably won't file Chapter 11 because that means the d1psh1t Sh1t-cago corporate management board would be admitting they fùkked up.
And the MAX will likely not get approved for return to service until late 2020 of not early 2021.
Boeing will never fail, but they may move and not tell you.
Forget Chapter 11, that ship has sailed. Chapter 7 by Dec 31, 2020
I have a feeling the MAX will not be re-certified by year end. Boeing will continue to burn thru the cash with no orders coming in.
The scenario that I envision is that chapter 121 bankruptcy would allow it to split into defense and commercial, negotiates it’s debt with creditors, and negotiate its pension.
Government will never allow Boeing to liquidate and sell assets, only restructure its debt ( screw the government who is the Bonds backers & employees pension).
@1lbv+14M4pEt7
I bet some people here think you are a troll or your statement is exaggerated or something. But what you said is actually possible. I think the main sceniero that would lead to boeings bankruptcy would be if the MAX is recertified then it crashes again. They refuse to rewrite the problematic software, which is a dangerous gamble. I suppose if covid-19 gets worse, that could lead to a slow death for Boeing as well. But that is not as likely and they should have enough money to coast for longer than Jan 2021 in that case
Boeing will be bankrupt by January,2021. Mark this posting!
Chapter 11 won't be an option as long as there are banks stupid enough to lend Boeing money or buy bonds or whatever other way they raise money.
Most likely depression my I think, but you’re post won’t be understood my many people here
I have question if this year we’re at a high of 30,000 and dropped to 20,000, so that next year high is only 20,000? What happens when it drops forty percent again? Just the new norm?
$25 billion that soon will disappear in the pockets of a few. How about the families of the 346 people k–ed. Are they going to get some of that?