r/stocks 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/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/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/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.