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Boeing had no competing aircraft. In the mind of its president, Allen, this was not necessarily a bad thing. The Douglas model was designed to take about eighty people around five hundred miles. The carriers who flew those routes were generally small and struggling—not exactly profitable customers. One internal study in 1965 estimated that Boeing could lose $150 million (equivalent to $1.25 billion in 2020) if its own competing entry into the market didn’t sell. But some on Allen’s board hated the idea of ceding any ground to Douglas. They argued it would be fine to build a loss leader—an ...more
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Flying Blind: The 737 MAX Tragedy and the Fall of Boeing
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