Now a 737Max landing gear issue in Houston leaves a plane damaged. My gawd. Lol. I noticed news was careful to not mention it is a nearly new Max. The media are not our friends.
After stonewalling the FAA investigation of the Spirit/Alaska Airways door blowout for over two months, Boeing sent a letter to a congressional investigation indicating they have no safety records or documentation and doubt any were ever created.
The hits just keep coming: Boeing Whistleblower Found Dead Amid Testifying Against Company https://www.thedailybeast.com/boein...rent-suicide-after-testifying-against-company
He just couldn't live with himself after filing a complaint against Boeing. More problems today. There are too many to mention individually, at this point.
A key witness for the Boeing negligence investigation has committed suicide and a video documenting the Alaska Airlines door plug maintenance work has been accidentally erased. Any questions?
BA is edging up, this morning. This is obviously on news that Dave Calhoun is leaving. A new CEO is not the solution to Boeing's problems but it's a start and it needs to be done. This tells you how much the BA board thinks they need a major change: Calhoun to finish the year.
Before you spank down some of your copious trading gains on BA, consider this. Boeing is absolutely riddled with QC issues. This isn't a one-off or a vendor problem. They have a culture of bad habits that were learned in the many years they've had since the FAA did their job and inspected the work. Boeing culture is toxic and absolutely brutal, by all accounts. The company is hemorrhaging money on a significant scale. So, what are they going to do? Do you think they will bring in a good engineer who will get the company re-focused on quality and safety? If you think this, how is that going to affect production and the financials? The best guy for the job could easily run them out of business. Boeing is in an extremely rough spot. If they can pull the company out of this steep dive, it will be a miracle.
Boeing reports CEO, Dave Calhoun, earned $33M in 2023. Calhoun is on track to receive $45M of stock and options at the end of this year, on top of his salary. That would add up to around $50M. This retirement award is not in stone and could be reduced by the board. Boeing has not made money, since 2020 when Dave Calhoun took over as CEO.
Amen, brother. I was reading about the 737-800 engine cowl that fell off a SouthWest flight and stuck in slat, when an epic comment graced my screen, "Breaking news : Terrorists refuse to hijack plane after realizing it’s made by Boeing."
There was an epic comment under one of the articles I was reading, this afternoon. "The problems at Boeing are so bad, even the managers are starting to notice." - porn4dog
A second whistle blower has passed away due to a "sudden illness". A few more hits and Boeing will have put this genie back in the bottle.
After they announced a new CEO, who was just a promotion from within their on rancid ranks, they have done nothing but go down. Eventually, even they will realize that it is going to take a whole cleaning of the house. Wait for them to announce a new-new CEO, one who has no connection to the current chiefs that are riding out this year. The current Boeing is so far removed from what they started as, in the Pacific Northwest. Current chiefs had to have headquarters in Chicago (and now near Washington D.C.) so they could schmooze with other elites.
Can we please give this man Secret Service protection? https://www.bbc.com/news/business-68979354 Santiago Paredes who worked for Spirit AeroSystems in Kansas, told the BBC he often found up to 200 defects on parts being readied for shipping to Boeing. He was nicknamed "showstopper" for slowing down production when he tried to tackle his concerns, he claimed. Spirit said it "strongly disagree[d]" with the allegations. https://www.cbsnews.com/news/boeing...tems-whistleblower-speaks-out-quality-issues/ A former quality manager who blew the whistle on Spirit AeroSystems, a troubled Boeing supplier that builds the bulk of the 737 Max, says he was pressured to downplay problems he found while inspecting the plane's fuselages. For about a decade, Santiago Paredes worked at the end of the production line at the Spirit AeroSystems factory in Wichita, Kansas, doing final inspections on 737 fuselages before they were shipped to Boeing. "If quality mattered, I would still be at Spirit," said Paredes, who told CBS News in an interview he was finding hundreds of defects every day. "It was very rare for us to look at a job and not find any defects."
