Connect with us

Hi, what are you looking for?

DOGE0.070.84%SOL19.370.72%USDC1.000.01%BNB287.900.44%AVAX15.990.06%XLM0.080.37%
USDT1.000%XRP0.392.6%BCH121.000.75%DOT5.710.16%ADA0.320.37%LTC85.290.38%
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Business

Business

Boeing’s Current Predicament: Assessing the Company’s Troubles

Boeing's Current Predicament Assessing the Company's Troubles
January's mid-air blowout involved an Alaska Airlines 737 Max 9, such as this one January's mid-air blowout involved an Alaska Airlines 737 Max 9, such as this one
Boeing's Current Predicament Assessing the Company's Troubles
January's mid-air blowout involved an Alaska Airlines 737 Max 9, such as this one January's mid-air blowout involved an Alaska Airlines 737 Max 9, such as this one

Listen to the article now

Boeing’s Current Predicament: Assessing the Company’s Troubles

Flying a Boeing 737 Max feels like supervising a troubled child, according to Captain Dennis Tajer, the head of the Allied Pilots Association, the pilots union for American Airlines. Despite his assurance that he wouldn’t board an unsafe aircraft, Tajer admits he can no longer assume the plane’s quality. He expresses a heightened state of alertness, unfamiliar in his three-decade-long experience with Boeing aircraft, due to a lack of trust in the adherence to safety protocols by the company.

Amidst a barrage of negative publicity, Boeing faces increasing pressure from regulators and airlines. The company’s new headquarters in Arlington, Virginia, seem besieged as each day brings fresh challenges, tarnishing its once-pristine reputation.

The company’s woes began in January with an incident where an unused emergency exit door detached from a new Boeing 737 Max shortly after takeoff. An investigation revealed that crucial bolts securing the door were not installed. While no serious injuries occurred, the incident spotlighted Boeing’s corporate culture and safety practices.

This mishap exacerbated existing concerns stemming from the 737 Max’s involvement in two fatal accidents in 2019. Investigations revealed flawed flight control software and allegations of deliberate concealment of crucial details from regulators, leading to a settlement of $2.5 billion in fraud charges. Boeing faced accusations of prioritizing profits over passenger safety.

Despite assurances of improvement from Boeing’s CEO, Dave Calhoun, recent events have reignited doubts. The Federal Aviation Administration’s audit found numerous instances of non-compliance with manufacturing quality control requirements. An expert panel highlighted a disconnect between senior management and frontline workers, indicating a toxic culture of distrust within the company.

The revelation of improperly installed wiring bundles on 737 Max planes further underscores production concerns. The FAA warned of potential loss of control if not addressed promptly, necessitating checks on hundreds of planes already in service.

The recent death of whistleblower John Barnett, amidst legal proceedings against Boeing, has intensified scrutiny of alleged unsafe practices within the company. Airlines like Ryanair and Southwest are grappling with delays in aircraft deliveries, leading to potential capacity cuts and increased costs for passengers.

As Boeing navigates these challenges, industry experts believe that honesty and accountability are crucial for resolution. While the road ahead is fraught with complexities, Boeing’s commitment to transparency and corrective action will be pivotal in restoring trust and ensuring passenger safety.


Comment Template

You May Also Like

Business

Kelly Ortberg, the new CEO, said on Thursday that he would be based in Seattle, where the planemaker was founded. This would put him...

Business

Family members of two Boeing 737 Max plane crash victims demand prosecution and $24.8bn for “the deadliest corporate crime in US history.” For the...

Business

Boeing Shareholders Approve : Boeing’s plan to pay out about $33 million (£25 million) to outgoing CEO Dave Calhoun in 2023 was approved by...

Business

US Considers Criminal Prosecution:  The US Department of Justice (DOJ) is weighing the possibility of prosecuting Boeing in connection with two fatal crashes involving...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok