this post was submitted on 09 Aug 2024
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Nah. The C suite would love it if they were the only game in town. Shareholder profits and stock goes through the roof. They don't have competition so they don't have to innovate or improve anything but profits. They get a HUGE bump in net worth and "retire" while still collecting their board approved stock options.
Yes the company would eventually kill a ton of people and might be shut down like Boeing, but "I got mine, fuck you".
Yeah I’m not sure about that. Work culture, and even C suite culture, is very different in Europe.
Airbus publicly said they want Boeing to continue being a good opponent. The comments on this video talks a lot about working for one or the other manufacturer and the differences in the way people are treated.
Airbus is still lead by an engineer and not an accountant. That could change for sure but EU country won’t let it slip to a shit company as easy as it happened in the US, just because of our culture.
Worst case scenario, French, German, Spanish and other Airbus locations will go on strikes and riots if conditions are getting worse.
Of course a company would say that they don't want a monopoly publicly. If it's known they are, or want a monopoly, then they are more likely to fall in public favor and get hit with fines and legal action, hurting shareholder profits.
You have a lot of faith that capitalism won't do a capitalism when the opportunity presents itself.
Yes Europe has a lot better hold against the evils of capitalism, but it's still capitalistic.
Ah ah yes thanks I try to dream and be positive even if it’s sometimes dumb 😁
Another thing I forgot is that Airbus (and all EU aviation) are applying the HRO (high reliability organization) and just culture for a long time now.
I have read somewhere that Boeing started implementing just culture after the Max crashes, so very late. And apparently wrongly as some employees still fear repercussions if they make safety reports (and according to latest NTSB report 2 employees had been punish lately for that reason).
If true that is totally unbelievable.