As he steps into the CEO job on Monday, Calhoun is tasked with winning approval for the 737 Max to fly again, a first step in ending a 10-month crisis that has cost the company billions of dollars. He must also work to regain Boeing's reputation for safety and quality that was badly damaged by the plane's grounding in March following two crashes that killed 346 people.
9 billion in cash on the balance sheet as of Sept. 30, and a good enough credit rating to be able to raise additional funds in capital markets, if necessary. And perhaps the greatest advantage for Boeing is that there really is no alternative to its survival. Boeing and rival Airbus are a duopoly, providing virtually all the commercial jets needed by the global airline industry.
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The poor thing. He has to do the job he was hired to do and will receive a $7 million bonus on top of his already overinflated pay.
They've dug their own grave. Stop bailing out corporations FFS! Let them die!
He should try turning it off and then back on again.
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Boeing releases communications on 737 MAX simulators it calls 'completely unacceptable'Boeing late Thursday released redacted versions of communications tied to the development of simulators used in the development of the 737 Max it called 'completely unacceptable.' Quit Frankensteining your 40 year old aircrafts to save money and act like you did something good and new. Technology is far greater than available when these aircraft were originally created. Let the engineers do the work, cut the bean counters. Bravo to Boeing 'This airplane is designed by clowns who in turn are supervised by monkeys.'
Source: CNBC - 🏆 12. / 72 Read more »
Airlines scramble for 737 Max simulators after Boeing says pilots need trainingU.S. airlines are struggling to secure flight simulators for Boeing's 737 Max. It's a waste of time. The public is not going to fly in that plane Trust us, you're gonna need training for this death machine. Boeing...just stop and scrap the whole thing. NO ONE is going to set foot on these planes, even if you get them approved and change the name. People will figure it out and won't fly on them no matter what you do and what assurances you give the public.
Source: latimes - 🏆 11. / 82 Read more »
Boeing releases flood of troubling internal documents related to 737 MaxBoeing has released a trove of more than 100 pages of internal company communications that further casts the company's actions around the troubled 737 Max in a bad light. In 2019, St. Louis — a 49 Percent Black/43 Percent White City — 91 Percent of Known Homicide Suspects Are Black Paul Kersey, Unz, January 8, 2020 Lord May those flight never find their way to Africa again. Troubled times! Boeing737 Boeing737 Boeing737Max
Source: cnnbrk - 🏆 393. / 55 Read more »
China's bid to challenge Boeing and Airbus faltersDevelopment of China’s C919 single-aisle plane, already at least five years behi... China was touting the C919 at the Paris Air show in...2011 Because it's all stolen technology lol It’s gonna disappear in the middle of China like the Uighur Muslim.
Source: Reuters - 🏆 2. / 97 Read more »
Internal Boeing Documents Show Cavalier Attitude to SafetyBoeing released internal communications that revealed how employees persuaded airline and government officials to conclude that flight simulator training wasn’t necessary for the 737 MAX. Who cares if they have a cavalier attitude, people died, they should’ve spoke up about their plane engineering issues, instead of being part of negligence اتمني الاشتراك في قناتي It’s a problem with their corporate culture and will take years to turn around.
Source: WSJ - 🏆 98. / 63 Read more »