Boeing planes keep crashing | GTAMotorcycle.com

Boeing planes keep crashing

bigpoppa

bigpoppa

Well-known member
Heard of like the 3rd Boeing plane having serious malfunction/crashing in the last month...conveniently longtime ex boeing employee engineer/whistleblower dies under 'suspicious' circumstances ("self inflicted wounds") :unsure:

www.bbc.com

Boeing whistleblower John Barnett found dead in US

Prior to his death, John Barnett was testifying against Boeing over concerns about standards.
www.bbc.com www.bbc.com
 
bigpoppa said:
Heard of like the 3rd Boeing plane having serious malfunction/crashing in the last month...conveniently longtime ex boeing employee engineer/whistleblower dies under 'suspicious' circumstances ("self inflicted wounds") :unsure:

www.bbc.com

Boeing whistleblower John Barnett found dead in US

Prior to his death, John Barnett was testifying against Boeing over concerns about standards.
www.bbc.com www.bbc.com
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He wasn’t a young man it seems. Good headline though.
 
Boeing stock appears to be crashing too.

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Recently saw a movie/doc on Boeing. Looks like things went south after they were bought out.
 
timtune said:
Recently saw a movie/doc on Boeing. Looks like things went south after they were bought out.
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When you buy a company you pay market value. To improve the numbers you have to either increase revenue or cut costs. With everyone in the same boat trying to grab customers there's not a lot of choice left.

The general public will be enraged and want action until it is pointed out that across the board action will lower the values of pension plans that are invested in the market. Own shares in Boeing but fly on Airbus.
 
jc100 said:
Oooh. Worth buying? They’ve been through things like this before I think.
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Worth selling. Short sellers picked up 10% in the last 5 days.
 
GreyGhost said:
Probably the right play bilut I wouldnt do that either. US govt has a lot of money and a vested interest in their continuing to exist at a large scale.
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Boeing is the third largest defense contractor in the world. They ain't going no where.
 
Evoex said:
Boeing is the third largest defense contractor in the world. They ain't going no where.
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As defense company, entirely true. How many planeloads of people do you have to kill before your passenger plane business evaporates? Clearly much more than two but they are trying hard to increase that number.
 
nobbie48 said:
When you buy a company you pay market value. To improve the numbers you have to either increase revenue or cut costs. With everyone in the same boat trying to grab customers there's not a lot of choice left.

The general public will be enraged and want action until it is pointed out that across the board action will lower the values of pension plans that are invested in the market. Own shares in Boeing but fly on Airbus.
Click to expand...
The secret is in how you increase revenue and/or cut costs.

In most companies there is room to do both, but you have to do them well to maintain customers and quality.
 
Mad Mike said:
The secret is in how you increase revenue and/or cut costs.

In most companies there is room to do both, but you have to do them well to maintain customers and quality.
Click to expand...
All signs point to Boeing completely ignoring quality. There apparently isn't a record of the door plug being removed that was never reinstalled properly. Boeing put out a sound clip accepting responsibility but they have no record of ever removing the plug? Even a cursory glance at their protocols and they are shockingly deficient. If you "remove" the door plug, it needs to be inspected after reinstall. If you "open" the door plug, no inspection is required. Guess what the difference is between those two operations in practice? Nothing. Boeing fought to make sure door plugs were not "removed", they were only "opened" to avoid a life-safety critical inspection.

EDIT:
FAA reviewed 89 aspects of production and Boeing failed 33 of them. Not surprising given what we know but still appalling.

www.ctvnews.ca

Boeing promises changes after getting poor grades in a government audit of manufacturing quality

Responding to a U.S. government audit, Boeing said Tuesday that it would work with employees found to have violated company manufacturing procedures to make sure they understand instructions for their jobs.
www.ctvnews.ca www.ctvnews.ca
 
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