Share holders of a big, established company want long-term and stable profit. Short-term profit at the cost of increased risk is not something that share holders of a company like Boeing are looking for.

There’s an almost religious belief in whatever keeps the analysts happy this quarter is the right move. While this is done in the name of the shareholder, it happens to align with the compensation of the managers and directors making that decision.

I see Boeing as a defense/aerospace version of HP, GE, or IBM. In the case of Boeing, management went so far as to move a couple of thousand miles from most of the company. All of these firms chose to put themselves on the path to decline, and did so in a way obvious to anyone who looked closely.

On the other side, it happens all the time that a company has a single blowout quarter and the shares fall.

I think shareholders of Boeing would also expect stable growth through sound risk management

Nickel and diming on safety features and training is playing with fire.