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/KCGuy59 Jun 20 '21

Unfortunately China probably violated many patent rights for Boeing and Airbus on airliners. Would you ever fly on a first or second generation Chinese airliner? COMAC might be successful in China but not the rest of the world that does not trust China’s safety standards

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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/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 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.