this post was submitted on 24 Jan 2024
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736
Nose wheel falls off Boeing 757 airliner waiting for takeoff (www.theguardian.com)
submitted 9 months ago by [email protected] to c/[email protected]
160 comments fedilink hide all child comments
 

Because Boeing were on such a good streak already...

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[–] [email protected] 158 points 9 months ago (28 children)

Working for Boeings PR department must be absolute madness right now… imagine having to somehow excuse all those fuck ups and every week there is a new one

[–] [email protected] 0 points 9 months ago (6 children)

The company is still worth over 100 billions. They do something right.

Otherwise I agree with you. It's almost hilarious to see fail after fail (as long as you are not in the plane).

[–] [email protected] 33 points 9 months ago* (last edited 9 months ago)

What they do right is having a duopoly with Airbus, and great military contracts. So investors know that even if things are shit rn, they will probably get better again.

Furthermore, while I agree that Boeing probably will not go bankrupt over this, the valuation sometimes is not a great indicator of what’s going on internally. Enron was worth over 60 billion. Half a year later they were at zero. Now I’m not saying Boeing is nearly that bad, but they are in some trouble for sure.

[–] [email protected] 12 points 9 months ago (1 children)

It’s call “military contracts”

[–] [email protected] 2 points 9 months ago

Amd cruising on past reputation.

[–] [email protected] 7 points 9 months ago

Military contracts.

[–] [email protected] 3 points 9 months ago

Well they were not doing so hot just 4 years ago when they said they were short a cool 60billion..

[–] [email protected] 1 points 9 months ago

Nestle is worth billions. Sure, a bunch of kids die and we use slavery, but they must be doing something right.

[–] [email protected] 1 points 9 months ago

Google's worth billions, and they can go probably about 6 years doing nothing right before that changes. It took Yahoo! a while, you'll catch on.

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