What Happened to Boeing?

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Once the pride of American aviation, Boeing keeps making headlines for the wrong reasons. Five years ago, two of its new 737 Max planes crashed, killing 346 people. Since then, a series of CEOs have struggled to regain the trust of regulators and the public. After a panel blew off a plane in January, US officials ordered a limit on 737 Max manufacturing. While intended to focus Boeing on safety, right now it means summer travel may be in for some turbulence. In this Bloomberg Originals mini-documentary, we explain why.

#Boeing #Business #Bloomberg
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where's the whistleblower part? :P

ravenmooore
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imagine spending the cost to develop 2 new planes from scratch purely to buyback your own stock and then wondering why you're not able to compete anymore on technology

michaelsmith
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MBAs destroyed a lot of companies by not listening to engineers, customers or anyone else who knows more than numbers and stock prices!!

Apenschi
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“Insatiable demand…. Most important moment in Boeing’s life.” Unbelievable, 346 dead for the CEO to speak like this. Obviously the culture hasn’t changed.

anthonywalsh
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A company is never too big to fail, period.

UserMum
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My cousin used to work for Boeing and he tells me the scandal is much worse than most people realize.

NK-iwrq
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Bloomberg talking about late stage capitalism too now? Jesus, talk about a zeitgeist

geneva
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Two whistleblowers ☠️ by Boeing executives...

conreo
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“How Boeing Descended Into Crisis” I think the proper title is: How Boeing Nosedive Into Crisis.

JayTee
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If it’s Boeing it ain’t going. Plain and simple. If it’s Airbus let’s go!!!

vonescher
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Where is the punishment for the bean counters?

richardc
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Safety must be put first regardles of company

Hyperion
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The FAA is as much of a problem as Boeing. No problem - I’ll drive.

LeaverWild
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Prop up Embraer, Work towards certifying Comac in western markets. Bring in Competition. This duopoly has made Boeing complacent

anb
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Brazilians, it’s time to take over. Go Embraer take the Boeing Market.

JeanSamyr
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Driven by pure greed, it's likely that Boeing will face no accountability. It's the simple things, such as bolts, coils, washers, etc., that matter.

oliviao
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boing, an example of top heavy mis-management, same with AT&T and it's loss of Bell Labs.

jhendricks
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Poor Dash-8 getting tossed into the Boeing turmoil montage

bronze
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Boeing.. what a joke.. the us government continues to cover for the company from all these wrongdoings..

ccgoh
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What about splitting up Boeing into smaller companies?

Marshmallo_Soup