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Old 26th Jan 2024, 17:03
  #107 (permalink)  
Big Pistons Forever
 
Join Date: Jan 2004
Location: Canada
Age: 63
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Originally Posted by remi
This is what happened, infamously, with Martin Skreli, "pharma bro." He and his fellow commercial pirates found unique assets (orphaned drugs with a sole manufacturer) and engaged in as much rent-seeking as possible and nothing else.

Boeing's management is now rent-seeking with the 737, as it seems unlikely/impossible that there will be any further significant improvements to the aircraft, nor any new midsize design. The goal is to milk the 737 until people are only buying Airbus, then do likewise with 777 and 787.
Sadly I think you are right. If it is not there already Boeing must be close to the point of no return.
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