Chapter 11 has come to mean that you can ignore the demands of pension-fund people, for instance, and still stay in business without a fundamental rethink of your strategy.
More Quotes from Richard Aboulafia:
Reinforcing their traditional businesses -- regional jets and corporate jets -- makes a lot of sense. It's familiar turf, they know the customers, and there's much less risk than trying to attack a market that's got two entrenched competitors.Richard Aboulafia
You're putting a lot of Canadian content in this plane, which means if it fails, much of Canada's aerospace industry really feels that pain, and perhaps fails with it.
Richard Aboulafia
Nevertheless, ... it was financially clearly in Boeing's best interest to settle.
Richard Aboulafia
Basically, we're going to either have a hollow force or a truncated force structure -- the message here is that we couldn't really afford Iraq and our current military. If Boeing and Lockheed Martin aren't thinking like that in public, they are in private.
Richard Aboulafia
There is a good chance that there will be Dubai bashing and xenophobia in Congress. That could help poison commercial relations, and I would hope that calmer heads will prevail.
Richard Aboulafia
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