what do you think? Is Boeing going to be sued into oblivion?
or so it appeared.
And airline rejections of current production aircraft indicate major lapses in plain old quality control. Overall, Boeing is in deep, deep trouble in the market.
IMO only a top to bottom internal purge (board of directors down to its workforce) plus really dramatic change in design and production procedures might save the company. How long it takes Boeing to do that will probably determine whether it survives.
“Is Boeing going to be sued into oblivion?”
No.
BA is too important to the DJIA and the President has made the stock market his official ‘report card’. Plus nikki haley is now on the board of directors and Boeing does too much defense work for the government to allow them to be crippled.
The FAA should be on the hook as well, as they certified the aircraft. But public trust in the FAA is too important to lose, so you will see little to no fallout on their end either.
If BA hasn’t taken a huge hit by now, it isn’t going to. But I applaud the WSJ for their work.
It's amazing what big corporations which own friends in DC can absorb. I wonder if Boeing will be bailed out in the national interest, and execs and those responsible will still get their obscene salaries and compensation.
It worked out that way after really bad banking nearly sank the economy.