Originally Posted by
GlobalNav
Before they start dreaming too much, I think they need to wake up. I wonder whether the honchos will get out of the
PR mode and truly into safety and engineering. Their main problem is not about having the right product to sell, it's actually building it properly. Now I'm dreaming, but there are still some in the company that know how to spell those things. Long ago they downsized QA/QC, engineering and the like, now it's time to downsize the executive offices.
You're begging the question here with your assumption that Boeing is an aviation company. Boeing is a sophisticated liquidation operation and has been since their last two new aircraft were cancelled.
Boeing will keep making its 1967 model refrigerators with refrigerator manufacturing processes until they don't make money any longer. At some point they will sell their defense business (or give it away, as it makes a huge negative profit, so now might be good) and will give away their share of the space business (a huge mismatch at this point). Then Boeing the cash cow will have no more milk to give and will be given a captive bolt stun and skinned for cheap leather and ground up for utility meat. I give it 10-15 years but their orders may dry up faster than that.
This is what they are doing. They are stripping Boeing for parts as surely as any Gordon Gekko in the 1980s, slowly and much more competently, but still as inevitably as someone on warfarin with a stomach ulcer. Believe them when you see them doing it and telling you they are doing it.
You folks with Boeing pensions, don't plan to have them in 10 years, or less. Call your lawyers now.