Question: Last year, a 10-year contract between Boeing Commercial Airplane Group (BCAG) and Thyssen Inc. - a distributor of raw aluminum - expired. The contract, valued
Last year, a 10-year contract between Boeing Commercial Airplane Group (BCAG) and Thyssen Inc. - a distributor of raw aluminum - expired. The contract, valued at $300 million when initianlly signed, stemmed from Boeing's desire in the late 1990s to reduce production bottlenecks resulting from supply shortages. Declines in the demand for commercial aircraft during the past decade led some analysts to challenge BCA's wisdom in signing such a long-term contract. Do you share this view? Explain.`
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BCAGs wisdom should not be questioned since these kinds of unforeseen events cannot be pr... View full answer
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