Boeing 737 MAX 8

Checks out

https://jalopnik.com/john-oliver-explains-how-all-of-boeings-problems-can-be-1851315604

John Oliver illustrating how stock buybacks and incompetent leadership led to Boeing's troubles

Stock buybacks should be made illegal again. Nothing more than manipulating the share price, which in any other circumstance is illegal.

Saw that. It’s not just the Max that has problems, it’s Boeng as a whole.

Stock buybacks and leveraged buy-outs provide zero value to the economy and are extremely destructive. Both need to go.

https://bsky.app/profile/bnonews.com/post/3kn562rolwc2y

I just came here to post that.

Video:

I mean at this point we'd all be foolish to not buy Airbus shares, right?

Quite right. The 737 Max problem is just the culmination of the sequence that started when McDonnell-Douglas took over Boeing with Boeing's money.

Probably the day after the McD-Douglas takeover was the right time. I would think by now it's already baked into the share price.

That can't be true. I have it on good authority that their problems all come from being too woke.

My stockholdings in any one company are so small that the benefits of buybacks approach zero. Dividends matter a lot more to me.

https://aviationsourcenews.com/incident/united-flight-suffers-gear-failure-on-landing-in-houston/


Landing gear broke.

https://www.seattletimes.com/busine...-on-investigation-into-alaska-midair-blowout/

The federal government needs to stop fucking around and put a world of hurt on Boeing. Appoint dozens of compliance monitors (at Boeing's cost) to oversee every aspect of their operation and make everything public. Let airlines, passengers and shareholders decide if this company is worth saving or not.

Boeing says it can't find documents on the door plug that blew off mid-air

If you haven't decided that you're not going to fly on a Boeing-built plane, I now suggest that you do so. Because this is bad. Bad, bad, bad, bad. As in, "It is illegal for this kind of paperwork not to exist." Which means, that someone inside Boeing knew how to "work the system" so that the lack of such paperwork wouldn't get flagged by the systems that are supposed to catch such things. So, the odds are very high that it has happened a lot.

I am all good with them firing Marso, FF and UA for this and then fining Boeing a lot of money while also enforcing them to have monthly inspections by a neutral safety organization funded by the fines taken from them. Let us make sure they do it in the future and we can make examples out of the people we know are incompetent boobs already. Maybe they could find other people, but I am good with the WF assclown brigade taking the personal hit.

Well, fuck.

https://www.bbc.co.uk/news/business-68534703

F.A.A. Audit of Boeing’s 737 Max Production Found Dozens of Issues

I need to point out that this was after the door plug incident. Meaning that they knew they were going to be under the microscope and still couldn't get their shit together.

Very convenient.

https://www.nbcbayarea.com/news/local/united-flight-sfo-mechanical-issue/3478835/

Boeing Whistleblower’s Attorneys Want Answers About Their Client’s Death

When I see things like hostile work environment, and then the end of a career you may have liked and interested you with no hope for a future position that allowed you to do what you wanted, maybe it was suicide?

When I got blacklisted from IT for being trans it was devastating. I really did like working with technology, and it gave me huge satisfaction. I had a sort of excitement and desire to be a network engineer. I liked the challenge of troubleshooting and maintaining computers and network equipment. The idea of never being able to work in the field again was depressing. This guy seems like an engineer and that may mean he has a geeky love for what he was doing, and he was never going to be able to do that again. Boeing was ojne of the few places he could do that sort of thing, and the compeition is not going to hire him to do lesser work.

So they were already trying to drive him out of something he loved to do from what I see. Guys who like things like engineering don't like being told to short their work or walk away because of costs. They also voice their opinions and believe in the value of what they are doing along with having pride in their work and a work ethic. I have been told in my life to stop working so hard because I am making the others look bad, and that can create a hostile work environment and resentment, especially from co-workers.

Maybe this guy did not want to stop working where he was working, and the thought of having to do another job, or even just not see that level of technology again hurt him. I remember leaving my first career job, and it was hard because I worked with equipment I was not going to be touching for a while.

He might have been happy because he finished his final shots at those who tossed him out of his high position working at a company like no other with a job like no other. You just cannot make a boeing level lab on your own. The stuff could be so important and security related that it would be illegal for him to just play around due to terrorism concerns.

This may be a suicide, and I am pretty sure Boeing would want him offed before giving his deposition. After he has already given his legal whistleblower testimony may be way too late for Boeing. However, it might be the right time if you are the whistleblower who will never get his life back to where he felt needed and useful.

I didn’t realize the Clintons worked for Boeing.

'If anything happens, it's not suicide': Boeing whistleblower's prediction before death

Amazing that a company that can't figure out how to build a safe plane can figure out how to kill an ex-employee.

https://www.theguardian.com/business/2024/mar/15/boeing-cockpit-seat-switch-latam-flight


That’s basically the plot of the Glen Ford movie “Fate is the Hunter.”

Priorities...

I read an interesting article this week that discussed nationalizing Boeing as a potential solution. Damned if I can remember the source otherwise I'd link it.

Anyway, I know the majority of Americans would be opposed to that (because freedumb!) but there is some logic to it. Approximately 40% of Boeing's business is with the U.S. government anyway.

Honestly, it might be Boeing's best chance of survival, whether for its reputation or (at extreme) for its existence.