Shall we refer McDonnell Douglas not Boeing. All corporate bean counters is downfall of this company. Keep paying all CEOs $40+million dollars a year or bonuses. Smh
Sorry, but i do not agree that they are doing the right thing or that a recovery is possible. This new union contract just makes future profitability almost impossible. Supplier employees will now demand similar wage increases and future plane costs will have to be so high that customers will go elsewhere.
@@vikinghog wrong. Labor cost is less than 4% of an aircraft and my wages have only went up 12% since 2016. They could literally double our wages and still be under 10% labor cost. Tell me where else anything is anywhere near 4 or 10% labor cost
!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated
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The price of admission is really steep. Even if you could fund a factory and equipment, it would take at least a decade of cash burn to hire and train enough people, and begin building commercial airplanes in profitable numbers. Boeing has half a trillion dollars in backlog. It's not a matter of if cash flow gets really good again but when.
"no one's going back to the pension" yeah, except we're going to vote no and then we're going to keep asking for it, so I don't know who this guy thinks he is but this contract isn't passing
