Dennis Muilenburg has earned a reputation as a high-energy CEO, bicycling 140 miles a week, sometimes taking groups of employees along for high-speed bonding sessions. The 55-year-old may need every ounce of energy he’s got as he faces one of the worst crises for Boeing in over 50 years: two crashes that killed 346 people, linked to the automated flight controls of the 737 MAX and leading to the grounding of the company’s bestselling plane.
“I give them a B,” says Jeffrey Sonnenfeld, a professor of leadership at the Yale School of Management. Muilenburg needs to put a human face on Boeing, he says, and get out in public and engage with the media to try to correct misperceptions and address the many questions about what went wrong, even if he doesn’t have ready answers to offer.
Whether Muilenburg’s job is threatened or not may depend on the stock price, says Richard Aboulafia, an aerospace analyst with Teal Group. Like his two predecessors, Muilenberg has continued to sweeten the pot for investors, devoting roughly 95% of operating cash flow to the company’s steadily rising dividend and share buybacks.
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Boeing CEO Dennis Muilenburg Faces His Greatest ChallengeThe high-energy CEO may need every ounce of energy he’s got as he grapples with one of Boeing’s worst crises ever. He tried to beat the competition with Airbus it was too hasty.
Source: Forbes - 🏆 394. / 53 Read more »
Boeing CEO Dennis Muilenburg Faces Mounting Pressure From 737 MAX CrashesThe high-energy CEO may need every ounce of energy he’s got as he grapples with one of Boeing’s worst crises ever. Question If the planes were being overdriven (wide open throttle) in ascent a switch to the computer would bring about an immediate drop in throttle & a stall. The plane would then snap over to regain speed. Constantly trying to correct sets up a sine wave fighting the computer?
Source: Forbes - 🏆 394. / 53 Read more »
Boeing CEO says it's completed 96 test flights with 737 Max software fixThe company will likely submit its plan to fix the Max to the FAA and other regulators within the next two weeks. Comforting to know. :( We paid off more people. 900 more should be sufficient.
Source: CNBC - 🏆 12. / 72 Read more »
Boeing CEO says two thirds of MAX customers have seen software fixBoeing Co's chief executive said on Thursday that about two-thirds of the p... ...and immediately called Airbus. I will never fly on one of those planes. AmericanAir SouthwestAir Seen it and said why wasn’t this in place in the first place?
Source: Reuters - 🏆 2. / 97 Read more »
Boeing CEO says new software update has been tested by most 737 Max customersA majority of customers who ordered 737 Max planes have now had a chance to test a fix for software that has been linked to two deadly crashes, Boeing CEO Dennis Muilenburg said. I’m texting from one of those planes now and it’s fine ...............O.......M.........G Is Boeing going to compensate the families of those who passed? A 'majority'? How awful! It's bad enough that Boeing got away fooling the world claiming the 737MAX was just another 737. It's a scandal! Both Boeing and FAA should be booked. A software fix for a hardware airframe problem? Ethiopian
Source: CNN - 🏆 4. / 95 Read more »
Boeing CEO Says Fixes Will Make 737 MAX ‘Even Safer’Boeing CEO Dennis Muilenburg, in his first public remarks since the fatal crash of an Ethiopian Airlines Boeing 737 MAX last month, said software changes will make the jet “even safer by preventing erroneous angle of attack sensor readings” implicated in that fatal crash and another last year. Test your ass right on that plane. With only 99 crashes the tests are considered a sweeping success They better test the sh*t out of this thing. I prefer my planes not to nosedive straight into the earth after takeoff.
Source: WSJ - 🏆 98. / 63 Read more »
Elaine Chao Defends Timing of FAA Decision to Ground Boeing JetThe transportation secretary said the Federal Aviation Administration made a “careful and fact-based” decision as it waited three days before grounding the plane after last month’s crash. So they could sell off their stock. Saying they needed proof is disingenuous. Boeing admitted MCAS was pitching nose of LionAir aircraft when it nose dived, the pilots didn't do that an automated system did. The FAA knew about complaints filed against Boeing's new 737 max before 2nd crash & did nothing. CoverUp
Source: WSJ - 🏆 98. / 63 Read more »
Boeing Looks to Build Overseas Support for MAX FixBoeing and U.S. aviation regulators will be seeking what amounts to an international stamp of approval when they roll out a safety fix for 737 MAX jets, expected this summer. Sharing detailed plans with China somehow doesn‘t sound like a good idea Lobbying will prevent a deadly crash Really , boys . Even you know better . Try plan “D” FIX THE FREAKIN PLANE ! Airline industry is demand driven like other sectors, if consumers lose appetite that’s the end of it !
Source: WSJ - 🏆 98. / 63 Read more »
It May Be Good For Boeing That Single-Aisle Jetliner Orders Are TerribleIn the first quarter, Boeing only sold a single version of its mainstay 737 MAX. But this wasn’t at all a comment on the MAX’s difficult situation – in fact, Airbus had a worse quarter, losing a net 22 single-aisle orders. The reasons point to a shift in the market that may well suit Boeing now. budairport
Source: Forbes - 🏆 394. / 53 Read more »
Southwest Airlines plans for a summer without the 737 MaxSouthwest Airlines is prepping for a summer travel season without its Boeing 737 Max planes. Boeing is dangerous The magic words Tusk must utter to convince the UK People to stay in the EU...They must be pronounced succinctly and only in this order... '𝗙𝗿𝗲𝗲 𝗘𝗻𝘁𝗿𝘆 𝗮𝗻𝗱 𝗙𝗢𝗢𝗗 𝘁𝗼 𝗘𝗨𝗥𝗢 𝗗𝗜𝗦𝗡𝗘𝗬 𝗳𝗼𝗿 𝗲𝘃𝗲𝗿𝘆 𝗨𝗞 𝗖𝗶𝘁𝗶𝘇𝗲𝗻 𝗔𝗱 𝗜𝗻𝗳𝗶𝗻𝗶𝘁𝘂𝗺' Brexit
Source: CNN - 🏆 4. / 95 Read more »