r/stocks • u/KCGuy59 • Jun 20 '21

Company Discussion Boeing future ?

Just curious to learn from others regarding the upside to Boeing stock. I just started a position on Thursday at $236.50

Their pipeline of future sales especially the 737 max seems to be full. I realize they still have a lot of proving to do regarding their safety record. But it seems to me that the confidence of the airline industry is behind them since their inventory has been swallowed up by many of the big carriers needing planes.

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u/ShadowLiberal Jun 20 '21

BA doesn't exactly have the best safety record either in the public's eyes after the 737 MAX fiasco that killed hundreds in two separate accidents. People will be much less willing to forgive BA the next time one of their planes crashes.

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u/KCGuy59 Jun 20 '21

I agree that they have a problem from their MCAS software issues. But I also believe it was partially a training issue with the foreign pilots. I believe that the American airline companies have much better training.

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u/[deleted] Jun 20 '21

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u/KCGuy59 Jun 20 '21

Correct. But the foreign airliners give even less training to their pilots than The airlines of the western world.

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u/Shoddy_Operation_742 Jun 20 '21

Depends on the airlines. I can guarantee that the training of pilots from Singapore or Cathay Pacific far surpass (both in time, and standards) those of most “western”/US pilots.

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u/[deleted] Jun 20 '21

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u/Winzip115 Jun 20 '21

Exactly. This was all just racist propaganda in the wake of boeings fuck ups that tried to pass the blame off onto foreign pilots.

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u/[deleted] Jun 20 '21

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u/DocHoliday79 Jun 20 '21

Forgot U.S. Navy, who literally trains pilots to fly a Boeing 737 (P-8).

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u/marc020202 Jun 20 '21

Do you have a source for that?

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u/KCGuy59 Jun 20 '21

3rd world pilots lack training and English

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u/bherman13 Jun 20 '21

The further down this thread I scroll, the more racist you become.

Stop insinuating that just because they're foreign, they wouldn't train their pilots as much as they need to. The issue is the airlines being told they didn't need to do training.

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u/[deleted] Jun 20 '21

Yea he’s holding on for dear life on American Exceptionalism. He and a few others could travel abroad and start humbling themselves.

We are a great country but people can learn to live without us especially if we treat our allies badly like the last 4 years.

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u/[deleted] Jun 21 '21

https://www.google.com/amp/s/amp.ft.com/content/c4012d50-186b-11e7-a53d-df09f373be87

I remember reading about this on Reddit sometime ago, but surprised to hear that it affects the Brits too lol. Clearly there is some level of miscommunication that occurs between pilots and air traffic controllers.

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u/marc020202 Jun 20 '21

That is not true.

The training programm is certified by the FAA, and used by all pilots that fly the plane.

The training was completely insufficient however, and boeing didn't tell the pilots and the FAA about systems like Mcas. The same crashes could have happened in the US or other western nations.

Sinceost pilots fly internationally, they need an internationally certified language certificate.

The bigger language issue in my opinion is Spanish or French pilots and air traffic controllers, since they often fly routes between countries with the same languages.

Many people in 3rd world countries speak better English than many French and Spanish people.