Syper Canthama Back to the Boeing criminal case….Boeing’s new orders in free fall: 37% lower in the 1st half of 2019, 20% in 1st quarter 2019 and 54% in the second quarter 2019. This is only going to grow throughout 2019-2020.
Have mentioned few times that the 737MAX Boeing’s crime (It is a premeditated crime since Boeing always knew the issues and risks for crashes) came at a time that global economy is approaching a long depression, lack of new orders and very large cancelations (737MAX cancelations are starting to happen), it will severely impact impact Boeing’s cash flow and the many small-mid size companies in its supply chain, it will be a domino effect of catastrophic level. I see no possibility for bail out with Boeing.
www.leparisien.fr/economie/aeronautique-les-livraisons-de-boeing-chutent-airbus-decolle-10-07-2019-8113395.php#xtor=AD-1481423553
PacificNorthwest...
Boeing’s implosion will affect the region I live in hard. A lot of people work for Boeing or one of their suppliers up here in the Seattle metro area.
Wall Street greed is killing yetanother great pioneering American company. Until the money people from Wall Street took over in the 1980s Boeing was a well run company with deep engineering talent that built som e legendary airplanes.
Igor Bundy...
Its a strange thing that the US had no rocket industry as such.. Not even the technology or background. Yet after WW2 in 20 years they bypassed the soviets who were working on it with the nazi’s since the 20’s and reached the moon.. Even though the soviets already had a well developed industry in rocket technology and the US still uses the same soviet technology today..