I didn't think the update was worth a 7% decline in the shareprice. Yes we are at the mercy of Boeing, but if they want to takeover the company it would only cost the proverbial round of drinks for the BOD (I'm thinking at least a $1b). The technology is good, Boeing are so scared from the 737 incident that they are unable to make decisions, hence the need to have a committee overseeing a committee.
I think GE Aviation need to have a look.
Ann: An update from the Executive Chairman, page-27
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