Bailouts for Boeing?

 

It has now been nearly a month since the National Transportation Safety Board (NTSB) grounded Boeing’s entire fleet of 787 jumbo jets following several incidents in which the planes’ technical systems caught fire mid-flight. The NTSB continues to investigate the cause of the fires – apparently a faulty battery – but specific details and/or remedies remain elusive. In the meantime, Boeing has been forced to placate angry clients who are losing millions of dollars each day due to cancelled routes. All of this brings up an interesting question: if a company like Boeing fails, should taxpayers be on the hook to bail it out? As it stands now, thanks to an organization known as the Export-Import (Ex-Im) Bank, taxpayers won’t have a choice.

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