[jyl]

I have been watching BA as a stock. I think to right the ship it needs to replace its management and put products first and profits second, which means its out-year earnings estimates probably need to go down more. It will probably require a bigger crisis to force that kind of change. It probably needs to successfully develop a new airplane in the next several years. During that period, the commercial aviation market will have a slump, the Chinese domestic market will go mostly to COMAC and some export markets as well. BA has $48BN debt, earnings are currently less than interest expense, and $13BN debt comes due in 2024-2026. That is my theory, anyway.