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Today, 03:05 PM | #5551 |
pie is never free
Join Date: Sep 2006
Location: the drivers seat
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Shouldn't this pretty much sink Boeing?
Between this and the litany of commercial liner disasters, things should be looking very grim for them |
Posts: 93,086
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Today, 04:37 PM | #5552 | |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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Quote:
More broadly, I doubt it'll have a huge impact on Boeing's bottom line in the short-term. They have annual revenues of around $80 billion, so Starliner makes up a relatively tiny piece of the pie. There's no question that their brand has taken a huge hit, though. |
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Posts: 52,156
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Today, 04:56 PM | #5553 | |
CP’s Most Valued Member
Join Date: Jan 2019
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Boeing's problem is they have gotten so big and stodgy they confuse the symbols of good performance with actual good performance. They think they did well because a line on a financial statement looks pretty good. The executives pat themselves on the ass because they saved a buck here. The fact they couldn't produce a functional space craft....well thats just a blip they'll figure out in the next quarter. |
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Posts: 11,315
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Today, 05:16 PM | #5554 | |
Sandbox: Leander Lasercats
Join Date: Jul 2001
Location: Newport, Or
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Posts: 14,712
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Today, 06:09 PM | #5555 | |
CP’s Most Valued Member
Join Date: Jan 2019
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This is especially true in old stodgy corporations where it is the board that has the mental defect of confusing symbols of good performance with actual good performance. Get them to sign on the bottom line and that is good performance. Doesn't matter if your planes crash and your spacecraft are junk....that's just an unfortunate that will be figured out later. |
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Posts: 11,315
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Today, 06:37 PM | #5556 | |||
Repeal the 19th Amendment
Join Date: Nov 2018
Location: RGV TX (via KC & ATX)
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Posts: 934
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Today, 06:42 PM | #5557 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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Wow. You don't often see Gwynne getting spicy.
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Posts: 52,156
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