this post was submitted on 24 Jan 2024
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Nose wheel falls off Boeing 757 airliner waiting for takeoff (www.theguardian.com)
submitted 10 months ago by [email protected] to c/[email protected]
161 comments fedilink hide all child comments
 

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

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[–] [email protected] 33 points 10 months ago* (last edited 10 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.