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Nikki Haley resigns Boeing’s board in protest of coronavirus aid package
"I cannot support a move to lean on the federal government for a stimulus or bailout that prioritizes our company over others" (www.flightglobal.com) Más...Sort type: [Top] [Newest]
She’s thinking of her political career down the road....it’s just that simple.
That's what you call "Integrity" and from a Politician, a "Unicorn" who knew?
The only difference between a politician with integrity and a Unicorn is that we've not proven that Unicorns don't exist...
Ms. Haley's leaving the Board only highlights the situation: "Is Boeing too big to fail?" Like the GM bailout a few years back, we are faced with the dilemma of possibly swallowing some very bad medicine. We all recognize from the MAX debacle that the culture of the company had changed where the bottom line was more important than creating a perfect plane that was 100% safe. On the defense side there are projects that we would not like to see fail for reasons of our national defense but at the same time have turned out to have major problems like the KC-46 with $300 million overrun.
Maybe to approach Boeing as a over-sized company that needs to reorganize not unlike AT&T back in the 1980's. Boeing being spun into several different companies brings up issues like economies of scale they may realize in their current integrated state. However as a condition of getting a bailout, they need to be confronted to explore the possibilities of a radical breakup to make the operating units more nimble. There's a lethargy and complacency that has set in that needs to be addressed in some fashion, and right away. Let's not just throw money at it without exacting some promises of meaningful change for the better.
Maybe to approach Boeing as a over-sized company that needs to reorganize not unlike AT&T back in the 1980's. Boeing being spun into several different companies brings up issues like economies of scale they may realize in their current integrated state. However as a condition of getting a bailout, they need to be confronted to explore the possibilities of a radical breakup to make the operating units more nimble. There's a lethargy and complacency that has set in that needs to be addressed in some fashion, and right away. Let's not just throw money at it without exacting some promises of meaningful change for the better.
First why is Haley on Boeings Board of Directors, what does she know about Aerospace and Military issues, oh wait she facilitated the substandard Boeing factory to be sited in Charleston SC where there was very little aviation expertise. How is her unqualified board position any different than Hunter Biden’s board position with Burisma?
The big difference is she was present when Boeing spent 43 Billion dollars buying back stock and rewarding incompetent management of which she was one.
The big difference is she was present when Boeing spent 43 Billion dollars buying back stock and rewarding incompetent management of which she was one.
The airline industry is a big money maker in good times. I think it’s only fair if the government lends a hand in the bad times. Not per-se for these companies, but for all the people, directly and indirectly employed in the industry, and their families. In reality most of that tax money goes to their salaries so they (we) can continue to pay the bills. It also dampens the onset of an economical crisis as a bonus.
Tipped by many to be the next president of USA .She doesn’t take fools lightly and the inept Boeing board have lost the only person capable of turning round Boeing .
Excellent ambassador at the UN .
A sure bet to be a major politician in the future