Almost everyone is talking about the possibility that the company enters bankruptcy next year. What's the probability for that happening in your opinion? I firmly hope that this will not happen.
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Much better and much more successful defense companies than Boeing these days. Uncle Sam needs companies that can perform...like when you are in a war. Boeing can't perform with anything anymore.
Boeing is directly tied to Defense and Commercial spending. Defense is doing OK, but Commercial is suffering badly. What was a $100 billion a year company with Defense providing $24 billion is now about $60 billion with Defense still providing $24 billion. Seems Defense is hanging in there, but the rest of the company is sucking wind badly. Why? Diversity. Boeing has been hiring skin color over merits and competency. Go Woke, Go Broke.
It isn’t probable at all. They have billions of untapped revolving lines of credit and cash collection is getting stronger. Now add in lobbyists and last line of defense - corporate bail out.
Uncle Sam won't let it happen....
https://www.macroaxis.com/invest/ratio/BA/Probability-Of-Bankruptcy
47%
At this point Boeing needs to fail and rebuild its brand on a more suitable business model. It’s highly unlikely Boeing will be able to make a profit in the future against Airbus or Comac if it doesn’t change.
I see BCA with a 50/50 shot. I feel like I'm being optimistic on that, as I am currently working to destroy and consolidate assets. Keep an open mind and updated resume.
Commercial airplane profit margin has always been very small. Now with the government moving away from cost plus to fixed price contracts, defense and space profit margin are now very small too...actually even very negative for many of Boeing projects these days like tanker, AF1 and Starliner given Boeing's gross engineering and management incompetence. So can't imagine why Boeing would even want to stay in this business for much longer other for their executives personal benefit to drain the last of the company finances into their pockets before turning the lights off.
100%. There have been leaks even in spite of the NDAs from the legal team that this is in work and an announcement will be in Spring 2023. Like most bankruptcies, this will allow elimination of debt and pensions and enable sell-off and restructuring of the company to better compete.
Personally, I still don't see Boeing ever successfully competing again given their massive talent loss during the past 20 years and the rise of much more capable companies during this same period.
0 probability. Boeing is to big to fail.
Majority of the shitposters here are fired/disgruntled Boeing ex-employess or minimum wagies dreaming of working at Boeing.
Seems like bankruptcy protection is more likely, then a complete bankruptcy where assets are sold.
Seems likely they will want some kind of government bailout to Fund the next aircraft program due to spending all their cash reserves on stock buybacks.
Using a bankruptcy filing to front to get a government cash injection for a new aircraft program and also to avoid paying full pension benefits to retired workers seems likely.
The company has squandered all their money through mismanagement. I don’t see any other way to fund a new aircraft program except secure government funding. And to ask their partners to front their development costs. They try to do this on the 787 and it was very late But they don’t have many options.
It’s a pretty high probability. There is already a finance reorganization going on as we speak. Boeings bringing aboard some of the best attorneys in preparation for bankruptcy. Then we have the global recession that’s just getting underway. Boeings commercial business unit will get devastated by the recession. As airlines were just picking back up post COVID, I think we will see demand dropping back off as soon as next month. If airlines aren’t making profits they won’t be taking on new aircraft in the commercial sector. The CEO of Fedex just announced today that we are in a global recession. His business is slowing way down. That means cargo carriers won’t be taking on new cargo planes. In short Boeing is in for possibly the hardest times the company has experienced since it’s start.