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Comment by tracer4201 | Hacker News Reader

I’ve lost all faith in Boeing. Boeing’s greed and cutting corners to avoid pilot recertification is textbook example of ethical failures.

I have second thoughts about many of the companies I’ve invested in over the years, but Boeing right now takes the cake. I’ve dumped my shares. Hopefully there are some criminal investigations at some point if our leaders in Washington could stop dancing to the tune of whichever company throws them a bone like the dogs they really are.

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> I’ve lost all faith in Boeing.

Guess what? They don't care because it doesn't matter.

You really can't avoid their airplanes without avoiding air travel.

It's like with Google (or Amazon, or Microsoft) - you can disagree with their policies and business practices, but you can't avoid them. It is physically impossible to use internet without these monsters. https://gizmodo.com/c/goodbye-big-five

Is boeing really the only producer of aeroplanes?

My guess is there are others. My guess is that orders will be cancelled and there'll be a shift towards airbus (oh!there's one!)

I'm tempted to apply my first ever downvote to this apparently witless comment, but perhaps you meant something more subtle?

Orders can't just be shifted to Airbus, as their production lines are fully loaded for years to come. Also, there is little desire to make Airbus a monopolist. The problem basically started when Boing was merged with McDonell Douglas, as this created the duopoly which now has the market trapped. And of course it creates a huge amount of problems for all the airlines which ordered and planned for new planes which have the same certificatation as their existing 737.

It feels like we see this over and over when you trace corporate problems back- loss of competition and development of monopolistic conditions. There’s a reason we developed antitrust laws and to watch them be eroded in the modern era is quite worrisome.

Airbus did the same as well with thier 320 series

Citation?

There isn’t one because it’s not true.

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