Maybe they should do some more stock buybacks and then ask the fed for a bailout.
Boeing are a welfare company - they would not exist without their close relationship with the government and the taxpayer dollars that are funnelled to them.
Competent competition would eat them alive, if competition were permissible in the land of the free (for some, not for you) markets.
There are plenty of Airbus planes in the US. Nobody is directly prohibiting competition it’s just that no private company could ever catch up without massive a amount of government funding.
Yeah, but it was one company subsidized by the government using its influence to bring down another company which was even more heavily subsidized by their respective government (not that it would have been possible to break into this market any other way).
Free competition wasn’t really an option either way.
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Maybe they should do some more stock buybacks and then ask the fed for a bailout.
Boeing are a welfare company - they would not exist without their close relationship with the government and the taxpayer dollars that are funnelled to them.
Competent competition would eat them alive, if competition were permissible in the land of the free (for some, not for you) markets.
There are plenty of Airbus planes in the US. Nobody is directly prohibiting competition it’s just that no private company could ever catch up without massive a amount of government funding.
Boeing has absolutely been prohibiting competition
https://en.wikipedia.org/wiki/CSeries_dumping_petition_by_Bo...
Yeah, but it was one company subsidized by the government using its influence to bring down another company which was even more heavily subsidized by their respective government (not that it would have been possible to break into this market any other way).
Free competition wasn’t really an option either way.