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The Boeing Company Message Board

  • fred.james48 fred.james48 Dec 18, 2013 5:27 PM Flag

    Boeing's anti union buster tactics have been employed to the shareholder's disadvantage

    Boeing spent over 30 billion extra dollars after outsourcing the 787 and going cheap to try to fix it. The 100 million is what each delivered 787 cost the shareholders of Boeing , made up by the 737 and 777 profits all union made 100% planes as each 787 delivery has a write off now of a 100 million dollars, it costs Boeing a 100 million more to produce than to sell, the 787 breakeven point for the 787 is beyond the total production orders in other words it cost Boeing way too much to build it. For Boeing this is the Twinkie failure , the 787 was supposed to be the future of Boeing and, it was a terrible mistake not to use the union engineers and machinists who offered to do it for 5 billion dollars at the start , this anti union buster attempt by Boeing management has blown up in their face big time. right now Airbus stock price gain is up 225% over 3 years and BA stock price gain for 3 years is up only 108%. Boeing attempted to kill off both the unions for engineer’s and machinist’s with the 787 the plane will never make a dime.

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