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Comment by retrocryptid | Hacker News Reader

I think we should nationalized Boeing, fix it and re-ipo it. Not because I think government can do better at operating at a profit, but because it would be a sick burn: your company was so poorly managed, it had to be taken over by the feds because an airplane version of Amtrak is a better alternative to letting the you clowns continue to manufacture aircraft.

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Strongly agree, I just don't believe there is the political will to do it at this, so we're left with capital market and corporate leverage mechanisms to encourage a positive outcome.

Much easier to get everyone in a room and say, "We're going to starve Boeing of revenue until it walks into Chapter 11, at which point we'll be ready to recapitalize and install new folks." Absolutely not my preferred thoughts on fixing a rotting enterprise, but you go to work with the tools you have.

I just don't see how this can happen unless you have global consensus. They are booked until what the next 8 years? Whats to stop non-american airlines desperate for slots on the new aircraft from snapping up those slots?

The risk is that this simply makes their culture problems worse. Governments aren't famous for turning around failing private companies.

And then there's, y'know, the whole DEI angle. Being acquired by the US Government isn't going to make them more likely to promote white male engineers to sort things out.

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