Thank you. You said it for me.
Have to disagree with you. Over the next few years, the airlines will recover, and Boeing will see bigger profits, just as Airbus will.
I don't believe in government bailouts for any businesses, save Sept 11-type emergencies, where obviously the airlines are not at fault for what happened (lawsuit claims against AA
to the contrary). I was appalled when the US gov't bailed out Citicorp back in the early 1990s due to their dubious loans to Brazil.
The business of America is
business. We should let strong companies alone (save when they break the law) and failing companies fail. Boeing is not failing. It's making money (according to its financials). There's no reason to bail it out. The same goes for Airbus. They're a business and should be allowed to live or die according to their business accumen.
And as for calling military contracts "subsidies", well, that shows an obvious mis-understanding of the American military equipment and provisioning systems (plural). Boeing has to compete with Lockheed-Martin, Sikorsky, United Technologies, Northrop Grumman, and others, as well as a host of European
companies for contracts (though admittedly the US buys very few foreign aircraft
) for Navy, Air Force, Army, Coast Guard and Marine Corps equipment. Anyone want to guess who makes the M9M 9mm pistol? It's an Italian company...
Those who fail to learn history are doomed to repeat it in summer school.