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Boeing CEO ousted as 737 Max crisis deepens

reuters.com

491–500 of 637 posts

Re: Boeing CEO ousted as 737 Max crisis deepens

#491
post #475

Earlier quoted context omitted.

Wait, Boeing were actually trying to do something _different_ than this?

They might just scrap the whole project.

Theoretically they can restart the 737-NG production line, the last one rolled off the production line just 6 months ago. I wouldn't be surprised if it was possible to bring production back up to volume within 18 months.

Re: Boeing CEO ousted as 737 Max crisis deepens

#492

Former Boeing employee here[1]: I remember when the company decided to do all 401k matching in Boeing stock in 2009. It seemed like a sketchy, borderline unethical way to keep the stock price afloat. All to say I’m happy to have transitioned all my 401k years ago! [1] I worked in the defense industry. Nothing to do with planes: my company was acquired by Boeing and operated relatively independently.

I remember when the company decided to do all 401k matching in Boeing stock in 2009. I thought that was the norm? I've only worked at one public company and they did matching in company stock as well - I'd periodically sell it and reinvest so only about 20% of my holdings was in company stock. I wish I'd kept more in their stock since they've done quite well.

It sounds like you're describing a stock purchasing program, not 401K matching in stock.

Re: Boeing CEO ousted as 737 Max crisis deepens

#494

Somehow the investor class has managed to convince the rest of the world that losing a CEO job is a “punishment” and that the public should be satisfied with this sacrifice. It’s like the ancient kings murdering a slave child in a ceremony to appease the “gods” for the outcomes of bad leadership or bad weather.

Muilenberg was raked over the coals in the media--and rightly so--before being publicly fired. His name is pretty much mud at this point. So yes, I think he was punished amply.

Re: Boeing CEO ousted as 737 Max crisis deepens

#495
post #459

The only credible way from here is to: - remove the hack that is MCAS for the purpose of being able to piggyback on the old 737 type certificate; - start the process of type-certifying 737-MAX as the individual design that it is without MCAS instead of trying to make it behave like the old 737 just to keep things on the cheap side; - and offer free type certification for existing 737 pilots to obtain their certificat…

I don't think they can remove MCAS.

It might just be a feel thing, but the "constant backpressure when approaching stall" feel is required by the FAA certification for all aircraft.

An alternative solution:

- Split the MAX off from the 737 type certificate.

- Make MCAS super easy to disable while leaving electric trim enabled

- Train Pilots to recognise MCAS failures and turn it off

- Training all 737-MAX pilots to fly with MCAS disabled in simulators.

- Require both MCAS failure and flying with the degraded feel in pilots yearly simulator training.

Re: Boeing CEO ousted as 737 Max crisis deepens

#496

Earlier quoted context omitted.

The NYT didn’t have to be right, they only had to sell newspapers and clicks. The burden of evidence for publishing a hit piece is much lower than that for making an actual business decision. I’m no fan of Boeing but the truth is, betting your entire business requires a much higher burden of proof than journalism does.

"The NYT didn’t have to be right, they only had to sell newspapers and clicks." This is totally wrong. The New York Times depends on its reputation for accuracy.

When it comes to constructing narratives and interpreting the basic evidence, a newspaper is constrained only by the need to tell and sell a story, not by the need to choose a positive course of action in order to identify and solve the fundamental problems entailed. It's not about the basic facts, it's about what you do with them.

Re: Boeing CEO ousted as 737 Max crisis deepens

#497

Earlier quoted context omitted.

Or you can do what many other airlines do, which is to make business class so much better that even if econony is nice, business class is so much above that that it's worth the money. I tend to try to travel on Qatar, and their new business class cabins are amazing: https://www.qatarairways.com/en/onboard/qsuite.html It's also cheaper than the (worse) business class on many other airlines.

I've flown a lot of long-haul business and first class over the years (Qatar, Thai, Austrian, Scandinavian, Delta, United, Qantas) and Qatar is the only airline I've ever blacklisted for business class. While the QSuites and the cabin crew are nice, you rarely get QSuites in reality. But you always get a stopover in Doha, and those stopovers generally include business lounges so busy you can rarely get a shower with…

Interesting how your experience is different from mine. I've traveled to Stockholm via Doha several times, and never had to take a bus.

The business class lounge at Doha is the best I've ever been to. You do need to go to the premium lounge though. They have a separate lounge for people with gold cards, and that one was a huge disappointment.

Re: Boeing CEO ousted as 737 Max crisis deepens

#498

Somehow the investor class has managed to convince the rest of the world that losing a CEO job is a “punishment” and that the public should be satisfied with this sacrifice. It’s like the ancient kings murdering a slave child in a ceremony to appease the “gods” for the outcomes of bad leadership or bad weather.

Muilenberg was raked over the coals in the media--and rightly so--before being publicly fired. His name is pretty much mud at this point. So yes, I think he was punished amply.

Why when you kill one person you get life without parole but when you use a corporation to kill 346 your name being “mud” is considered ample?

Re: Boeing CEO ousted as 737 Max crisis deepens

#499

Earlier quoted context omitted.

The inconsistency of business class does make it unappealing though. Sometimes, it's almost first class (Singapore Airlines). Many times, it's barely a step up from economy though, and just feels like a rip off.

Yes, but babies and children do not ride in business class.

Some do, but I agree it's much fewer.

Re: Boeing CEO ousted as 737 Max crisis deepens

#500
post #428

Earlier quoted context omitted.

In fairness, issue two is probably better addressed at the national level -- something like what Social Security's original intention seemed to be: a safety blanket for those who lived much longer than expected. In 1935 when SS was enacted, life expectancy was 61.7 years. benefits didn't kick in until the average person was dead by 3.3 years. If this chart is accurate: http://vis.stanford.edu/jheer/d3/pyramid/shift.h…

life expectancy in 1935 was severely dragged down by infant mortality. What was the life expectancy at age 18? At retirement age? If you made it past childhood, you were pretty likely to die far later than 61 years.

That's why I also looked at the percentage of people that were older than 65. It's 3x higher now.
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