Boeing has asked for government bailouts to help them weather the pandemic. Boeing had problems before this pandemic and would have had financial problems even if this pandemic did not exist. They repurchased over 100 billion dollars of their own stock to inflate the earnings of their executives. Money that could have been used to fix the 737 Max problem, create new jobs, and design better aircraft. They rolled the dice and lost. Now they want taxpayers to provide them free money. I and many others say No.
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Boeing has asked for government bailouts to help them weather the pandemic. Boeing had problems before this pandemic and would have had financial problems even if this pandemic did not exist. They repurchased over 100 billion dollars of their own stock to inflate the earnings of their executives. Money that could have been used to fix the 737 Max problem, create new jobs, and design better aircraft. They rolled the dice and lost. Now they want taxpayers to provide them free money. I and many others say No.
This statistic shows the net profit of commercial airlines worldwide from 2006 to 2019. In 2019, the net profit of commercial airlines is projected to reach around 28 billion U.S. dollars.
**This statistic shows the net profit of commercial airlines worldwide from 2006 to 2019. In 2019, the net profit of commercial airlines is projected to reach around 28 billion U.S. dollars.**
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