Along with the New York Yankees and Boston Celtics and the Wichita State University Wheatshocker basketball teams and until recently the Wichita Wingnuts double-A baseball team, we take an avid rooting interest fortunes of the Boeing Company. Our beloved Dad spent most of his exceptional career as an avionics engineer and eventually high-ranking executive at the company, and he has considerable holdings in its high-priced stock, and the rest of our city is similarly invested in Boeing.
The population of Wichita, Kansas, doubled when its home-grown Stearman division of the Boeing Company was churning out the much-in-demand B-29 Bomber during World War II, and Boeing remained a significant chunk of the local economy while our beloved Dad was keeping the B-52 a state-of-the-art long range strategic nuclear bomber through the Cold War. Boeing moved out a while back, not long after our beloved Okie Dad moved on to Connecticut and then Pennsylvania and the Boeing helicopter divisions where they were fighting the lower-intensity wars against Islamist radicalism and other pesky post-Cold War problems, but Boeing gave a sweetheart deal on its offices and factories and well-trained worked force to its biggest sub-contractor, Spirit Aerosystems. Although Spirit also has lucrative contracts with Airbus, the European Union-subsidized rival to Boeing which now has an oddly bigger presence in the city than Boeing, and although our city’s economy has wisely diversified and is no long so reliant on Beech and Cessna and Learjet and the rest of “The Air Capital of the World’s” still sizable aviation sector, a dip in Boeing’s stock price is still a hard blow around here.
Boeing’s stock was down 5.3 percent on Monday, following the weekend’s crash of a Boeing 737 on an Ethiopian Airlines flight on Sunday, which followed a crash of the same model on an Indonesian airline flight that went down in October. China, one of Boeing’s biggest clients, has temporarily grounded the aircraft, several smaller countries have followed suit, and although the Federal Aviation Administration and our remaining allies in the European Union and the rest of the First World haven’t followed suit it’s bound to be bad for Boeing’s business, and for all its shareholders here in Wichita and around the world.
With all due sympathy and respect to those doomed fellow humans on the Ethiopian and Indonesian airlines, we hopefully expect that Boeing will persist. Forgive us our First World chauvinism, but we figure there’s at least an outside chance that the tragedies had more to do with the Indonesian and Ethiopian airlines than any snafus at Boeing or Spirit, and even if not we’re sure that both the Boeing and Spirit engineers are already on the over-time job of fixing whatever went wrong. We can’t quite be sure these young punks they have on the job nowadays are quite so smart or dedicated as our beloved Dad, who once ended a family vacation to the Rockies after he heard on the car radio that a B-52 had been shot down in Vietnam to help take care of that problem, but Dad was once a young punk himself and is still a very shrewd investor, and he seems to trust them. We’re still nervous fliers, despite growing up in the “Air Capital of the World” with a brilliant avionics engineer as our beloved Dad, but by now we’ve learned to endure the occasional turbulence.
— Bud Norman