Earnings call on the last day of January...very interested to hear how Calhoun and the crew sell this fukkery, especially after their guidance in their October call and them having to clean up Boeing's fukkery from this past summer with all of the engine problems it was having on its 737s.
Looked at the stocks for Boeing, Spirit Aerospace and Alaska Airlines today, and although all of them opened way lower than their Friday's close, they reversed and started ticking up again...complete surprised to me. Wall Street is shrugging it off as a one-time thing. Maybe it's the algos buying because I cannot understand what the hell is happening. The United Airlines news came out after closing, so perhaps they'll drop a bit more tomorrow.
I suspect it is going to take someone else losing their lives again before they take this seriously enough to slow down. I feel like the FAA is complicit in this as well. While the Calhoun tried to imply the two 737 crashes were because these non-American (non-white) pilots were not savvy enough to overcome the MCAS issue which ultimately made them crash, I wonder if it would be different if this stuff happened on American soil under the pilotage of an "American" crew.
The news said the only three things that kept them from being worse were that it happened during the climb before they hit cruising altitude, everyone was still strapped in and no one happened to be sitting in the seats where the plug came out. Had any of these variables been different, the outcome could have been different...I wonder if they would even give a fukk.