Boeing predicts an Airline Bankruptcy
05-13-2020, 10:33 AM
#11
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Joined APC: Nov 2019
Posts: 1,256
Originally Posted by bradthepilot
And yet the taxi cab business he runs is in disrepair; no one wants his latest taxi cab model because it has killed quite a few people and even though he has said everything is now fixed with it multiple times, the overseeing authority still continues to find problems with it.
To say nothing of the other side of his business, which makes taxi cabs of various types for the military. Those taxis have come in late, over budget, and have had many problems to the point where the customer was simply refusing delivery on some models until the taxi factory fixed their problems.
Finally, his taxi cab business is angling for more handouts from the goverment. It has had at least one offer, but appears to be holding out for a better handout. It could very well be that this guy's schtick is playing into that.
Sorry, at this point the taxi cab manufacturer has too many competing interests and is simply not credible.
To say nothing of the other side of his business, which makes taxi cabs of various types for the military. Those taxis have come in late, over budget, and have had many problems to the point where the customer was simply refusing delivery on some models until the taxi factory fixed their problems.
Finally, his taxi cab business is angling for more handouts from the goverment. It has had at least one offer, but appears to be holding out for a better handout. It could very well be that this guy's schtick is playing into that.
Sorry, at this point the taxi cab manufacturer has too many competing interests and is simply not credible.
05-13-2020, 10:57 AM
#12
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Joined APC: Dec 2019
Posts: 1,331
Originally Posted by senecacaptain
all good points, I hear you
05-13-2020, 10:58 AM
#13
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Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 39,485
Originally Posted by bradthepilot
Sorry, at this point the taxi cab manufacturer has too many competing interests and is simply not credible.
That doesn't automatically mean he's lying, or is not credible. BCA more than anyone else (other than airbus) has the resources and motivation to analyze the long-term... their planning horizon is even longer than the airlines.
05-13-2020, 12:02 PM
#14
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Joined APC: Sep 2016
Posts: 1,951
Originally Posted by rickair7777
He's most certainly not running his mouth just to hear himself talk. Anything he says in public, there's a reason for it.
That doesn't automatically mean he's lying, or is not credible. BCA more than anyone else (other than airbus) has the resources and motivation to analyze the long-term... their planning horizon is even longer than the airlines.
That doesn't automatically mean he's lying, or is not credible. BCA more than anyone else (other than airbus) has the resources and motivation to analyze the long-term... their planning horizon is even longer than the airlines.
05-13-2020, 12:47 PM
#15
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Position: Engines Turn Or People Swim
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Originally Posted by DarkSideMoon
If only they could’ve used that prowess to analyze the possible outcomes of slapping a bandaid on a bullet wound with the 737 while using regulatory capture to push it through, and of constantly delivering trash filled airplanes to the military.
But that doesn't mean they're utterly inept at economics and business.
05-13-2020, 02:17 PM
#16
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Posts: 417
Originally Posted by rickair7777
He's most certainly not running his mouth just to hear himself talk. Anything he says in public, there's a reason for it.
That doesn't automatically mean he's lying, or is not credible. BCA more than anyone else (other than airbus) has the resources and motivation to analyze the long-term... their planning horizon is even longer than the airlines.
That doesn't automatically mean he's lying, or is not credible. BCA more than anyone else (other than airbus) has the resources and motivation to analyze the long-term... their planning horizon is even longer than the airlines.
05-13-2020, 02:31 PM
#17
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Joined APC: Jan 2006
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Originally Posted by bradthepilot
The primary job of a CEO is to sell, and that's exactly what he's doing. Whether his sales pitch has any bearing on reality is merely a coincidence. True believers will buy into his hype, many others will not.
05-13-2020, 02:46 PM
#18
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Joined APC: Jan 2016
Posts: 417
Originally Posted by rickair7777
He needs enough basis in reality to defend himself from the SEC and shareholder lawsuits, or at least have something he can claim informed his perception of reality (ex economic modeling). There are activist investors hanging on every word a guy like that says, in the hopes that they can twist it into a civil payday.
Last edited by bradthepilot; 05-13-2020 at 03:08 PM.
05-13-2020, 02:54 PM
#19
Speed Verified
Joined APC: Sep 2017
Posts: 1,060
Originally Posted by Mozam
If true, it is a smart move, Looks like another 3T going out . Might as well give some of it to the airlines .
That bill is full of pork, the majority of which has nothing to do with aid due to the crisis. Expect delays/no further aid for awhile. I mean, the first 3T, plus 4T via fed action is in/getting to circulation. Hopefully that money picks up velocity as things open up. We can't keep printing money.
05-13-2020, 03:07 PM
#20
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Joined APC: Apr 2014
Position: Always right
Posts: 94
It was a very poor attempt at speculation for the next few years. It was pretty arrogant to assume the airline industry can’t do without Boeing. At this point Airbus has proven to strategically be a superior company and I’m sure he feels a ton of pressure.
Like what was said before, he only has Boeing to sell and nothing else.
Like what was said before, he only has Boeing to sell and nothing else.
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