After more than two years of setbacks, Boeing Co.'s high-tech 787 Dreamliner took to cloudy skies Tuesday for its maiden flight, providing a much-needed lift to investor confidence and to the company's reputation.
"Rather than saving money, Boeing's become the re-insurer of its supply chain and has in fact had to buy outright or loan money to different suppliers to keep its outsourcing model from failing," Goforth said in a news release.
The above mentioned appaling news is the truth. The took-off flight of Boeing-787 truly is magnificent and it marks the success after years of failure and delays.
However, behind every success lies the ugly truth. Due to the 2 years delay, Boeing has in fact suffered billions of dollars of losses along the way.
To the chagrin of many purchasers, they were about to drop the deal with Boeing if it was to fail one more time but thankfully it succeeded at the last minute *much to AirBus's dissapointment.
The irreparable damage is the compensation to the suppliers for the delay along with the loaning of money to them. Yes, you heard me, Boeing had to loan out money to the suppliers because of a shortage of supplies due to the very much unexpected delay. This includes fasteners, seat belts, metal plates, software systems and etc.
But no worries to all the investors out there, now that Boeing has finally took flight, many investors' concerns are now rested and buried deep underground. They will still continue to pursue their deal with Boeing now that the Dreamliner 787 is ready.
It is synonymous to the release of Avatar really, superlative and an incandescent masterpiece has arrived after much waiting.
Credits -prisgrowth, -strangetravel, -engineeredpartsinc, -resources1
No comments:
Post a Comment