When will we see somebody at the top be held accountable for continuously bad results?
11 replies (most recent on top)
Yeah, big 777X financial loss is coming...
Only airlines buying Boeing are those airlines stuck with having Boeing airplanes that need to show Boeing support to save themselves. Airbus continues to win over more customers. COMAC will do same with Chinese airlines and than other countries in similar fashion to what Airbus did despite all the naysayers in the 80s. The outcome is all too predictable and ultimately certain.
The reality has become the only customers Boeing has for their commercial aircraft are customers who could not wait for a slot to become available for an airbus plane.
It used to be the other way around. Boeing will never regain the sales crown. The biggest selling point for Boeing was their safety record, Now it’s a liability. It will take decades before Boeing regains the confidence of the public. By that time China Russia Japan wall be players in the commercial aircraft market.
Boeing and their junk products are a joke, they deserve to disappear, no one will miss them.
Unreported bad news on 777X certification this week too. Should have been developing 737 replacement model years ago. But we don’t have people capable of doing preliminary design much less actual design. Can't fix 777X, 787, Starliner, Tanker either. Other than talk big, we don't have experience or knowledge to do much of anything or even a place to do it these days.
Lots of well-compensated Wallstreet con artists are still hawking Boeing stock. As they say, foosl and their money are soon departed.
Yeah, Boeing has been selling all their office space for past year or so. We now have meetings in Starbucks parking lots. Sort of like a startup but the managers are not knowledgeable or inspiring and they spend most of time trying to replace people who are leaving all the time now. Very depressing and frustrating place to work.. With any luck I will soon escape soon myself.
Boeing's demise was accurately predicted by Bob Bogash in his famous "Not Acceptable" discussion in 2008 with great participation by many high level Boeing people at the time. Google it...gasinating read... First quality and schedule failings, then declining market share, then declining backlog and then bankruptcy and breakup.
Airbus and COMAC will be the future airplane duopoly. There are plenty of more innovative and successful defense companies than Boeing. And SpaceX already owns Space. Not sure why anyone cares about or even discusses Boeing anymore?
The 777 was a true cash cow that contributed to the bottom line and covered inefficiency for decades. With that gone you get what you see today, a myriad of financial issues over all programs. This will last past our careers.
Do you think the top brass of the company care about the company bottom line? All they care is some nonsense reaso to explain to the shareholders that the ship under their steward is still on the right track to hold the stock values so they would get the bonus or "golden parachute" retirement package at the expense of the rank and file workers. I got the feeling that nobody come to work and care anymore except their bi-weely paycheck; that's why Boeing keep having problems after problems everywhere
The best and the brightest
A loss of $7.69 a share? Seriously?