https://www.barrons.com/articles/boeings-stock-elon-musk-spacex-51651597652
4 replies (most recent on top)
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There are more Chinese parts in Boeing airplanes then there are currently are in COMAC airplane! Russia does much of design engineering of Boeing airplanes! Boeing has done more to undermine the US than just about any other entity...all motivated by greed. This was a good short term plan to increase Boeing stock price and Boeing executive wealth, but not a good long term or good for anyone else.
COMAC, Airbus, Space X etc all have a place in the FUTURE. The big stupid incompetent corrupt dinosaur known as Boeing has NO FUTURE.
Good for SpaceX! It's noteworthy that ex-Boeing people assisted them with their innovative rocket development which led to their success.
I expect it won't be too long before COMAC has a larger airplane backlog and revenue than Boeing too. Ex-Boeing people are assisting them to accomplish this as well.
A company's success depends largely on the quality and work ethic of its people and Boeing dumped all of their best, hardest working and honest people to reduce cost, increase stock price and pay executive bonuses and severance packages to their clueless, lazy, dishonest and incestuous leadership team