Boeing will suspend 737 Max production in January

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Keep thinking about buying Boeing and it just keeps being a bad idea. I’m sure there’s money to be made, but who knows how deep the issues go.

Only_As_I_Fall

I’d be surprised if they don’t go back to 2016 prices. Back when outlook was rosy and the price was $150 – and before they decided to spend their money on their own stock instead to quality engineering. Edit: I’m wrong about the buybacks. It was even worse than I thought; they were buying over a billion dollars per quarter starting in 2013. In hindsight maybe that should’ve gone to R&D….

smackwagon

May be an interesting time to buy the dip. The 737 will eventually be brought back and the stock should go back up…

TheBaseballNerd

Whole aerospace industry is fucked. Half the companies are boeing suppliers

LeonardoRafaell

How does this impact GE and their aviation wing?

ThreePointsPhilly