Because Boeing were on such a good streak already…

  • Blueoaky@mander.xyz
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    9 months ago

    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).

    • Augustiner@lemmy.world
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      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.

    • Shadywack@lemmy.world
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      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.