> Why does European airbus thrive, while us aircraft industry declined?
The documentary "Downfall: The Case Against Boeing"[1] goes into this topic, and I believe the wiki page[2] summary captures it nicely:
> "There were many decades when Boeing did extraordinary things by focusing on excellence and safety and ingenuity. Those three virtues were seen as the key to profit. It could work, and beautifully. And then they were taken over by a group that decided Wall Street was the end-all, be-all. [...]"
Of course, I have no idea if this is just cherry-picking information, but it does seem plausible why things "suddenly" changed.
I've heard one theory that the merger with McDonnell Douglas swept the bean-counters from there into executive positions ruining the engineering focus at Boeing.
The Microsoft spreadsheet happy-hippos are relying on India to buy enormous sums of Boeing passenger planes is one headline the media is running with, and another line of propaganda is to not bet against India. They say.
The documentary "Downfall: The Case Against Boeing"[1] goes into this topic, and I believe the wiki page[2] summary captures it nicely:
> "There were many decades when Boeing did extraordinary things by focusing on excellence and safety and ingenuity. Those three virtues were seen as the key to profit. It could work, and beautifully. And then they were taken over by a group that decided Wall Street was the end-all, be-all. [...]"
Of course, I have no idea if this is just cherry-picking information, but it does seem plausible why things "suddenly" changed.
[1] https://www.imdb.com/title/tt11893274/
[2] https://en.wikipedia.org/wiki/Downfall:_The_Case_Against_Boe...