Wonder what their % of income from gov't contracts is - doesn't even require nationalization if the contracts can cover the payrolls
Boeing is gonna be in deep shit. Already reeling from max8 and likely effects of the airline demand crash. Now this. It’s too important to let fail... one of only 2 companies that knows how to make large jets. I’m guessing nationalizing is the answer.https://twitter.com/ByMikeBaker/status/1241883792471547905 …
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Well not the airline business. Military is a different LOB except for the tankers which are airliner derivatives.
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Boeing will end up in Bankruptcy Court. Shareholders will get wiped out, lenders will take a haircut and Microsoft (w/ Uncle Sam’s encouragement) will buy it for a song. First decision will be to move Boeing headquarters back to Seattle.
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If by "nationalizing" you mean "given a trillion dollars while politicians complain theatrically" then yes.
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No I mean literally turn into an FFRDC like Aerospace Corp or MITRE.
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we actually need to innovate past the large-format turbofan jet engines. those flying petri dishes are just out of date.
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