Douglas Gantenbein attemps to explain why Boeing has hit the skids and predicts that unless something changes, the company will be out of the commercial aircraft business in 10 years. I find it truly staggering that Phil Condit could turn a company that once was seen to emblemize everything that was right with American manufacturing and wrong with European manufacturing and run it into the ground. It wasn’t that long ago that people were discussing the demise of Airbus, now the shoe is on the other foot. (And he doesn’t even mention Boeing’s boneheaded decision to move its corporate headquarters out of Seattle. I don’t know how much difference that made to the bottom line, but it certainly epitomized incompetent management.)