The replacement is no better. A GE stooge. Boeing has become GE part deux.
Boeing CEO ousted as 737 Max crisis deepens
71–80 of 637 posts
Re: Boeing CEO ousted as 737 Max crisis deepens
#72Earlier quoted context omitted.
I can't tell if you're being sarcastic, or if this is actually "brutal" in this context (a context I have no experience with)?
Given that the normal standard is that 'x' has decided to spend more time with his family and is given a very nice golden parachute (pun definitely not intended nor applicable) this is indeed quite brutal. That doesn't rule out he will get lots of money for severance but it isn't going to come with a smile and a handshake.
I assume golden parachutes are built into the contract when they begin as the CEO.
Re: Boeing CEO ousted as 737 Max crisis deepens
#73Maybe the next CEO will actually try to fix things, seeing as how his job will likely depend on it. Fuck up like Muilenburg did and you're out too. It seems like the incentives may be correct now to focus on the right things rather than just cut costs as much as possible. Hopefully!
I hope you're right but this reminds me of the very sad saying, "Bike lanes are painted in blood". Why can't we properly value safety over convenience and profits before there is a huge accident?
You know the smell of gas?
That's the smell of 300 souls:
https://en.wikipedia.org/wiki/New_London_School_explosion
Pretty much all safety measures are written in blood.
Re: Boeing CEO ousted as 737 Max crisis deepens
#74> Chairman David Calhoun will take over as CEO and president, effective Jan. 13, the company said, adding that a change in leadership was necessary to restore confidence in the company. If they wanted to restore my confidence, they’d have picked an engineer, not an accountant.
The former CEO has bachelors and masters degrees in aerospace engineering and aeronautics.
Re: Boeing CEO ousted as 737 Max crisis deepens
#75Earlier quoted context omitted.
I would guess it's the following: https://investors.boeing.com/investors/investor-news/press-r... "The Board of Directors decided that a change in leadership was necessary to restore confidence in the Company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders. " is quite brutal indeed, more something I'd expect from commentary.
I can't tell if you're being sarcastic, or if this is actually "brutal" in this context (a context I have no experience with)?
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Re: Boeing CEO ousted as 737 Max crisis deepens
#76The big question for Boeing is how they will transition to a post-737 world. Until now, Boeing's business plan is that they will be building a starship for NASA in 2060, but you will still be stuck with a 737 on Southwest Airlines, a A320 on Jetblue, and never know that aviation could be better. The 737 throws off a lot of cash, but the single-aisle monoculture makes flying miserable. A 737 replacement will be expens…
There's no way they're going to develop a completely new plane. It may have new branding, but it's going to be a 737 at the bones. Since when has the airline industry ever considered passenger misery?
Boeing will eventually have to build a clean sheet replacement for the 737 in response to airline demands for greater fuel efficiency. The long term trend is toward higher fuel prices, especially once some countries start taxing carbon emissions from commercial aviation. But it could be another 20 years until that "797" enters service.
Re: Boeing CEO ousted as 737 Max crisis deepens
#77The big question for Boeing is how they will transition to a post-737 world. Until now, Boeing's business plan is that they will be building a starship for NASA in 2060, but you will still be stuck with a 737 on Southwest Airlines, a A320 on Jetblue, and never know that aviation could be better. The 737 throws off a lot of cash, but the single-aisle monoculture makes flying miserable. A 737 replacement will be expens…
There's no way they're going to develop a completely new plane. It may have new branding, but it's going to be a 737 at the bones. Since when has the airline industry ever considered passenger misery?
The 737 faces competition from a few directions.
First of all, smaller planes such as the A320 and E195 feel bigger inside than the 737 does. It's like the difference between the "boat of car" from American manufacturers to the Japanese cars that were small on the outside but big on the inside.
If you just want a low-cost plane at the A320 level of technology, China is coming online with
https://en.wikipedia.org/wiki/Comac_C919
It will put up great production numbers by selling to Chinese airlines first, they will have all the protectionism and subsidies they need to grow to an economy of scale where at 2030 the C919 will beat the pants off the 737.
If Boeing doesn't take advantage of it's comparative advantage and develop a much better aircraft, they are doomed.
Re: Boeing CEO ousted as 737 Max crisis deepens
#78Why don't they just kill the 737 MAX program and start on another aircraft? As a consumer it will build confidence and trust in me.
Because it will take on the order of 10 years. What are the 737 customers going to fly in the mean time? Keeping old airplanes flying longer isn't exactly increasing security either. And there is no indication so far, that a 737 MAX with a fixed MCAS isn't safe.
Don't get me wrong: I think Boeing should have created a true 737 successor long ago and should do ASAP. But until it is done, there is a need for a current 737. And certainly, you don't want them to cut corners when developing the 737 successor...
Re: Boeing CEO ousted as 737 Max crisis deepens
#79November 2019 New Yorker piece about what went wrong at Boeing https://www.newyorker.com/magazine/2019/11/18/the-case-again... tl;dr engineers vs. accountants
Yet the CEO was an engineer.
From his Wiki:
He graduated in 1982 from Sioux Center High School in Sioux Center, Iowa.[3] He received a bachelor's degree in Aerospace Engineering from Iowa State University, followed by a master's degree in Aeronautics and Astronautics from the University of Washington.[1]
I think there's more to do it that just having an engineer or accountant as CEO.
Re: Boeing CEO ousted as 737 Max crisis deepens
#80Maybe the next CEO will actually try to fix things, seeing as how his job will likely depend on it. Fuck up like Muilenburg did and you're out too. It seems like the incentives may be correct now to focus on the right things rather than just cut costs as much as possible. Hopefully!
I hope you're right but this reminds me of the very sad saying, "Bike lanes are painted in blood". Why can't we properly value safety over convenience and profits before there is a huge accident?
>Why can't we properly value safety over convenience and profits before there is a huge accident?
Because consumers will choose the cheaper product. If a politician tries to "value" safety over convenience for a potential problem, voters will vote for the other politician that promises lower taxes and claims there is no safety issue.
Of course, there is a balance that needs to be met, taking all of the risk out of life is also excessive and may impede progress or waste resources.