Originally Posted by
Big Pistons Forever
Rumour is that Boeing is so desperate for orders that the Max is going for about a 25% discount over pre crash valuations. With the huge impairment costs of the Max fiasco, the airplane will never be profitable and the company only cares about short term cash flow to keep the illusion that Boeing Commercial is still a viable company so the stock price doesn’t crash.
But not to worry Boeing won’t crater until after the current executives have cashed out their juicy bonuses.
More than 25% discount!!! I don’t know the exact figure RYR paid for 737-8200 but it was at least 65% off.