https://x.com/halaljew/status/1874671770609033708
3 replies (most recent on top)
long smelly wait funny...
Boeing is gone...just a long smelly wait until it gets buried. The only thing happening at Boeing these days is desperate attempts to increase stock share price to benefit executives.
Anyone with half a brain knows that Boeing hasn't had the people with the required depth of experience and knowledge to even remotely be able to compete in the aerospace industry since about 1998. Every employee and manager at Boeing has been promoted well above their competency level and largely soley on the basis of nepotism.
Boeing's endless project financial failures since 1998 have amply illustrated this inability to successfully compete. Once you lose aerospace engineering and project management competency, it is impossible to get it back. Boeing will ultimately breakup like GE did to increase stock share price. Airbus, COMAC and Embraer will be the future large transport airplane players. There are several better old and new emerging defense players. SpaceX will be the dominant Space player. So it's just BS and smoke & mirrors to increase stock share price until then.
"Boeing is such an insane company. The single most important component of the U.S. military-industrial complex, 40% global market share in commercial jets, and they’ve been just MERCILESSLY hollowed out by capital in the name short term profits for investors"