Boeing has temporarily stopped making 737 Max airplanes

Re:Boeing has temporarily stopped making 737 Max airplanes by stopads on Tuesday January 21, 2020 @12:08PM (#22108806)

I'm almost there, after reading about how much Boeing has spent on stock buybacks (5x all of R&D over the past six years) I think I'm going to start looking into which model typically services a route and avoid all modern Boeing planes.

Boeing made a lot of executives super rich with buybacks and equity compensation, this led directly to the shoddy engineering choices.

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Re:Boeing has temporarily stopped making 737 Max airplanes by rapsey on Tuesday January 21, 2020 @12:38PM (#22109187)

Just like every other major public company. If that is your criteria you will be left with little to buy.

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Re:Boeing has temporarily stopped making 737 Max airplanes by stopads on Tuesday January 21, 2020 @12:42PM (#22109222)

No, the current buyback madness (at least at these levels) is a very recent invention of the past decade and quite abnormal. We can go back to reinvesting in companies and employees and research tomorrow if we want to.

But this would require boards and executives who didn't want to just grant themselves huge amounts of equity while buying back stock. So far not many boards are standing up for this.

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Re:Boeing has temporarily stopped making 737 Max airplanes by rapsey on Tuesday January 21, 2020 @01:02PM (#22109492)

Yeah recent like you said for boening last six years. They are doing what everyone else is doing so it is pretty strange to single them out on this issue.

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Re:Boeing has temporarily stopped making 737 Max airplanes by stopads on Tuesday January 21, 2020 @01:06PM (#22109537)

I've complained about many companies that are devoting even more resources to buybacks on this very forum, including Chevron, Texas Instruments, Google and Oracle. Google in particular has been the trendsetter, everyone else is trying to keep up with their buybacks.

This news story is about Boeing, so yes I'm going to talk about Boeing here.

Do you work in defense or aerospace? You seem to be taking this personally for some reason.

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Re:Boeing has temporarily stopped making 737 Max airplanes by rapsey on Tuesday January 21, 2020 @01:11PM (#22109602)

Nope and neither am I taking it personally

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Re:Boeing has temporarily stopped making 737 Max airplanes by pdonis on Tuesday January 21, 2020 @01:01PM (#22109476)

> avoid all modern Boeing planes

First, if you think Airbus is any better, you should think again.

Second, what do you mean by "all modern Boeing planes"? If you just mean "planes designed after the merger with McDonnell Douglas", that's just the 787 and the 737 Max. The latter is grounded and the former only flies select long haul routes. For the average US business traveler they're a non-issue.

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