this post was submitted on 12 Mar 2024
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[–] Milk_Sheikh@lemm.ee 7 points 8 months ago

Unfortunately Boeing genuinely has become “too big to fail” and we’re all going to suffer through this until it becomes untenable like Union Carbide/Exxon or it gets ignored and quietly resolved without address the core issue

  • Significant stock market presence in investment funds and retirement portfolios
  • Prime contractor for US and global civic and military aviation
  • Military angle cannot be ignored here, both for geopolitics, force readiness, and domestic politics, with production purposefully scattered across Senate & Congressional districts
  • Major ‘banner’ exporter of airframes globally, which in turn locks in lifecycle purchases and repeat business to the US vs foreign firms like Airbus/BAE/Rostec

Having it be privatized/hostile government takeover would be chaos not just administratively speaking, Boeing has achieved integration throughout the economy and political machinery