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US transportation grounds Boeing 737 MAX 9

theguardian.com

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Re: US transportation grounds Boeing 737 MAX 9

#21

Post by dendrite9 »

wahern wrote: post #11
josho wrote: post #9

Earlier quoted context omitted.

MBAs are the symptom, the root cause is elsewhere. I would lean on the ever increasing desire for company’s to grow. We need to move away from this broken concept of maximizing shareholder value above all other concerns.

There's a strong case to be made that MBAs, specifically the business, financial, and economic scholarship undergirding elite MBA programs, truly are the root cause. Profit motives aren't stronger today than yesterday, and prior generations of business leaders and investors weren't more altruistic than today. What changed were the business and financial narratives regarding how best to successfully operate a business…

I wish this comment were not under a flagged comment. This is something worth thinking about.

Re: US transportation grounds Boeing 737 MAX 9

#24

Post by Gow8876 »

aaomidi wrote: post #18
drtgh wrote: post #17

Earlier quoted context omitted.

What makes you think that the Chinese aircraft industry will not offer free pilot training and dumping prices to take over the market? If allowed will happen, have no doubt about it. We as passengers will suffer it, costs over safety. have no doubt about it China industry works as one entity, backed by the state. The model is to enter the markets and to dump the prices until the established industries are knocked dow…

> China industry works as one entity, backed by the state. That's effectively how every large industry in every country acts.

Chinese write blank checks. Activate spy to do economic spying. Redirect universities graduate to support their airlines. Which countries other than China is doing that? Airbus in France? UK? USA? Couldnt even settle student loan frogiveness let alone getting liberal arts to work with Boeing. Boeing is basically Solyndra the future in the making.

Re: US transportation grounds Boeing 737 MAX 9

#25

Post by Gow8876 »

wkat4242 wrote: post #20
bushbaba wrote: post #15

Earlier quoted context omitted.

Pilots would need to be trained on the Chinese planes, which is super expensive.

Pilots always need training. We as consumers should put some blame on the airlines too for always wishing to skimp on training and thus giving perverse incentives to Boeing to mess around with crap like MCAS. I still think Boeing is to blame for the MAX issues in the end but the problem is systemic.

The previous ceo gutted their safety culture to bare minimum the plane still able to achieve flight. Anything else is a cost that hinder his bonus. I really wish wistleblowers willing to leak out the risk-cost assessment excel spreadsheet that rumor to exist a decade. Not only MAX, their older models which still in production also have very lax production supervision I read in one of the article back when their MAX planes crashed.

Re: US transportation grounds Boeing 737 MAX 9

#26

Post by ponector »

tw04 wrote: post #13
ponector wrote: post #8

Earlier quoted context omitted.

Isn't it what every shareholder wants? Then maybe not MBA is the cause

No? I plan on working 30-40 years - I just want my investments to grow throughout that time period so when I retire I can live off what I've earned. As best I can tell, the only people that want "growth above all else" are the top .01% who have enough money in the bank that they can make all of their income from buying and selling stocks, as well as the hedge fund managers that get a cut of the short-term profits. Th…

Everyone from my circle are comparing year-to-year profitability of investment funds before new money allocation. I don't think it is true that <1% cares about short term gains.
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