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Ethiopian Airlines 737 Max crashes killing 157


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Posted (edited)
10 hours ago, AUS-97HORN said:

Holy shit, 3 mins of them going: "wow, thats a cool fire in the wheelwell on a plane with people in it. its like 2 foot above my head but fuck it, its not my job to put out a fire"

Turns out, when you're paying bottom dollar prices for your labor, you get bottom dollar effort. It's certainly been the case for Boeing, I don't see why airlines wouldn't be similarly effected 

Edited by Captainant
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Is this now the flame Boeing for anything aviation related thread now? Manufacturing and quality issues I get… flame away and they deserve it. But 30 year old planes having an engine out problem should not be a headline. 

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17 hours ago, b_p said:

Is this now the flame Boeing for anything aviation related thread now? Manufacturing and quality issues I get… flame away and they deserve it. But 30 year old planes having an engine out problem should not be a headline. 

Their negligence and greed has directly led to the deaths of hundreds. They deserve every bit of scrutiny they are getting atm and it should continue until they own up to the bullshit that enabled these “oversights” in the first place. Anything with a Boeing badge that has one switch flipped the wrong way is fair game. Fuck em and their monopoly. 

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3 hours ago, hookemATL said:

Their negligence and greed has directly led to the deaths of hundreds. They deserve every bit of scrutiny they are getting atm and it should continue until they own up to the bullshit that enabled these “oversights” in the first place. Anything with a Boeing badge that has one switch flipped the wrong way is fair game. Fuck em and their monopoly. 

Maybe reread my post. They absolutely need to be skewered for the bullshit they have done and continue to do, but to try and annihilate them for every aviation event is just stupid. I saw that Delta A320Neo that caught on fire in Seattle being tagged to Boeing. It’s just stupid clickbait at this point. 
 

With that said, they have absolutely fucked up everything they’ve recently done going back to the 2010s and people lost their lives because of it. They get no leeway on anything anymore. 

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Posted (edited)

For the record, I'm just posting Boeing pilot error fuckups. Airlines have pretty regular incidents like an engine flaring out - it's why there's such a stringent safety culture in aviation. To make it so there's one less variable when an emergency is happening. 

But Boeing has broken and danced on the grave of that convention and professional standard. And people are dying for the sake of their shareholder gainz

Edited by Captainant
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Cool.

Spoiler

Boeing shareholders vote to approve $33 million CEO pay package

New York CNN  —  none

Shareholders of embattled airplane maker Boeing approved a pay package of nearly $33 million for outgoing CEO Dave Calhoun at the company’s annual general meeting on Friday.

That’s the highest package ever paid to the company’s CEO and a 45% increase from the $22.6 million he received for 2022. The vast majority of the bump comes from a giant stock bonus granted on top of his more-than-a-million-dollar salary.

Calhoun, who has led Boeing since 2020, announced in March that he will leave the company by the end of the year.

The shareholder vote on Friday was made to approve Calhoun’s 2023 pay package. Calhoun has said he declined to accept an additional annual incentive bonus of $2,800,000 for the year – a request the board said he made after the Alaska Airlines incident.

Upon his retirement, Calhoun is set to take home another going-away present: a $45 million mix of stock awards and options that vest over time.

The approval comes as the plane maker is facing additional scrutiny for a series of safety incidents, including a mid-air blowout of part of a fuselage in January, which prompted a number of investigations into the company’s practices, an executive shakeup and promises that the company will turn itself around.

Boeing has been struggling financially for five years, since fatal crashes of its 737 Max in late 2018 and early 2019 resulted in a 20-month grounding of its best-selling plane. It was also hit by the pandemic, which caused a near-halt in air travel for months and deep losses at most airlines that buy its planes.

“Our compensation program is designed to align leadership pay with the long term performance of our business,” said Steve Mollenkopf, Boeing’s new chairman, when asked how the company can justify such a high compensation package given recent safety grievances. “It’s really driven by meeting our commitments to the highest safety and quality standards.”

Since the start of the grounding in 2019 the company has reported adjusted losses totaling more than $31 billion, and losses are projected to continue going forward.

“The board is confident that the current compensation structure continues to directly align with performance and balances both the meaningful progress made to restore operational and financial strength along with the fact that certain performance criteria has not been met,” he said.

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The compensation committee “took swift action to make significant design changes to our compensation plan in 2024” after the Alaska Airlines incident in January, Mollenkopf said. The annual incentive metric now gives greater weight to operational metrics, like safety and quality.

Shares of Boeing (BA) were down 0.1% in afternoon trading.

This story is developing and will be updated.

 

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The Boeing brass can only hope and pray that the company will continue to slide until the federal government steps in with a taxpayer-funded bailout. "Boeing is too big, too essential to the U.S. economy, to fail," our leaders will say.

Pay raises and bonuses for all!

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https://www.theguardian.com/business/article/2024/jun/01/boeing-safety-crisis-response-union-busting

Its site at Everett, Washington – hailed as the world’s biggest manufacturing building – is at the heart of Boeing’s operation, responsible for building planes like the 747 and 767, and fixing the 787 Dreamliner.

One mechanic at the complex, who has worked for Boeing for more than three decades, has claimed it is “full of” faulty 787 jets that need fixing.

Many of these jets are flown from Boeing’s site in South Carolina, where the company shifted final assembly of the 787 in 2021 in what was characterized as a cost-cutting measure.

“There is no way in God’s green earth I would want to be a pilot in South Carolina flying those from South Carolina to here,” the mechanic, who requested anonymity for fear of retaliation, told the Guardian. “Because when they get in here, we’re stripping them apart.”

Managers at Everett “will hound mechanics” to keep quiet about quality-assurance concerns and potential repairs, the mechanic alleged, emphasizing speed and efficiency over safety. He added: “Boeing has to look in the mirror and say: ‘We’re wrong.’”

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