Wildchild in on Boeing

[VicBee]

I don't want to spin this into a political discussion, just want to point to elements leading to why Boeing is where its at.
All corporations dominated by union work forces are not dynamic by definition. Any changes to a process, however small, requires negotiations that almost always lead to an additional cost to the company. As a consequence, management is usually slow pushing for changes that may lead to conflict with the union and prefers to not rock the boat.
This would be a death sentence to companies operating in a competitive market, but Boeing is a near monopoly with substantial government support (military, space). It's a national interest/too big to fail behemoth with even less incentives to change. If it wasn't for Airbus, they'd probably still be making 747s.

 

[vanzandt]

I don't want to spin this into a political discussion, just want to point to elements leading to why Boeing is where its at.
All corporations dominated by union work forces are not dynamic by definition. Any changes to a process, however small, requires negotiations that almost always lead to an additional cost to the company. As a consequence, management is usually slow pushing for changes that may lead to conflict with the union and prefers to not rock the boat.
This would be a death sentence to companies operating in a competitive market, but Boeing is a near monopoly with substantial government support (military, space). It's a national interest/too big to fail behemoth with even less incentives to change. If it wasn't for Airbus, we'd probably still be flying 747s.

I'm all for slave labor too if the quarterly report comes in strong.

F-em.... their kids don't need healthcare.

 

[TheDawn]

Did you hear about the first commercial Xi-An passenger jet they sent to the Arizona bone-yard in in 2037?

-->They dead-headed the crew back home in a B727.

Its's happening sooner than you think, my friend and it's happening right in where you live first. https://www.scmp.com/economy/china-...-eu-landing-regulators-give-positive-feedback

https://www.elitetrader.com/et/threads/serious-competition-in-the-airplane-business.380645/

Boeing better shape up, FAST!!

 

[TheDawn]

Boeing is a crappy company. All management should have been fired after the MAX problems back in 2018. They simply don't take any of their problems seriously. They act like the TBTF banks in 2008.

Very surprised none of them went to jail, with TWO back-to-back crashes involving hundreds of precious lives lost because of their obvious cost-cutting measures and covering up the problems to the regulators. There were DoJ investigations that just went nowhere.

 

[vanzandt]

I don't want to spin this into a political discussion, just want to point to elements leading to why Boeing is where its at.
All corporations dominated by union work forces are not dynamic by definition. Any changes to a process, however small, requires negotiations that almost always lead to an additional cost to the company. As a consequence, management is usually slow pushing for changes that may lead to conflict with the union and prefers to not rock the boat.
This would be a death sentence to companies operating in a competitive market, but Boeing is a near monopoly with substantial government support (military, space). It's a national interest/too big to fail behemoth with even less incentives to change. If it wasn't for Airbus, they'd probably still be making 747s.

Hey those 737 Max crashes.... maybe we should blame it on the BSWU.... the "Boeing Software Writers Union." Oops.... it doesn't exist. Well it kinda does, but the C-Suite farmed out most of the code writing to India at $9/hr. Which union are they in?

And that runaway nosedown trim... it wasn't those belegured Indian code-writers' fault anyway. It was "Joe-Six-Pack the Rivet Pusher's" making $35/hour, coming to work everyday so his family can have a better life and his kids can go to college and not endure a factory job... it was his fault. Or at least his contract's.

But by god... Boeing met their numbers that quarter and that's all that ever matters.

 

[TheDawn]

Hey those 737 Max crashes.... maybe we should blame it on the BSWU.... the "Boeing Software Writers Union." Oops.... it doesn't exist. Well it kinda does, but the C-Suite farmed out most of the code writing to India at $9/hr. Which union are they in?

And that runaway nosedown trim... it wasn't those belegured Indian code-writers' fault anyway. It was "Joe-Six-Pack the Rivet Pusher's" making $35's/hour, coming to work everyday so his family can have a better life... it was his fault. Or at least his contract's.

But by god... Boeing met their numbers that quarter and that's all that ever matters.

Couldn't have said it better. Boeing's problems is not Union. It's somebody up there who valued $$ over lives and think they will never get caught because they trust those engineers can always come up with something that can defy physics.

 

[VicBee]

Hey those 737 Max crashes.... maybe we should blame it on the BSWU.... the "Boeing Software Writers Union." Oops.... it doesn't exist. Well it kinda does, but the C-Suite farmed out most of the code writing to India at $9/hr. Which union are they in?

And that runaway nosedown trim... it wasn't those belegured Indian code-writers' fault anyway. It was "Joe-Six-Pack the Rivet Pusher's" making $35/hour, coming to work everyday so his family can have a better life and his kids can go to college and not endure a factory job... it was his fault. Or at least his contract's.

But by god... Boeing met their numbers that quarter and that's all that ever matters.

Lol... You should write a Victor Hugo made in USA novel on the hardships of the $35/hr blue collar worker's life. Reality is he's not sending his kid to college but instead getting him on the gravy at Boeing.

 

[GordyG]

The 2 big down days on the 1st and 2nd of Aug, followed by something sort of resembling a bearish rising wedge pattern, to me suggest leaning towards there could be more downside coming.

 

[SunTrader]

I don't want to spin this into a political discussion, just want to point to elements leading to why Boeing is where its at.
All corporations dominated by union work forces are not dynamic by definition. Any changes to a process, however small, requires negotiations that almost always lead to an additional cost to the company. As a consequence, management is usually slow pushing for changes that may lead to conflict with the union and prefers to not rock the boat.
This would be a death sentence to companies operating in a competitive market, but Boeing is a near monopoly with substantial government support (military, space). It's a national interest/too big to fail behemoth with even less incentives to change. If it wasn't for Airbus, they'd probably still be making 747s.

Yeah except reality gets in the way of your spin.

Boeing has been unionized for decades. The C Suite to boost their salaries and options tried going around long term, knowledgeable, properly incentified union workers and got burnnnnnnnned.

Here's a tissue, too bad you don't make $35/hr - oh arbiter of what others should or should not make.

 

[VicBee]

Yeah except reality gets in the way of your spin.

Boeing has been unionized for decades. The C Suite to boost their salaries and options tried going around long term, knowledgeable, properly incentified union workers and got burnnnnnnnned.

Here's a tissue, too bad you don't make $35/hr - oh arbiter of what others should or should not make.

My point still holds that anything union freezes any dynamic opportunities to change anything. You brought up money, not me.