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Boeing: Profits 1st, Safety 2nd? (Part 3)
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ML1 Send message Joined: 25 Nov 01 Posts: 21097 Credit: 7,508,002 RAC: 20 |
A year onwards and Boeing remains in the news regarding the Boeing 737 Max catastrophes... This Boeing (and aviation) specific thread has been split off so as not to continue to swamp the original "Profits 1st, Safety 2nd?" thread. See Part 1 and Part 2 of that thread. As listed in "Wikipedia - Boeing 737 MAX groundings":
Boeing is an American institution. But one year after the grounding of the 737 Max, the company's stock has fallen by almost 50% and its future is anything but certain. So what were Boeing's failures in the aftermath of two tragedies in which the flawed plane crashed, killing 346 people, and can Boeing regain its elite status in U.S. aviation once more? All in our deadly greedy world? Martin See new freedom: Mageia Linux Take a look for yourself: Linux Format The Future is what We all make IT (GPLv3) |
Sirius B Send message Joined: 26 Dec 00 Posts: 24909 Credit: 3,081,182 RAC: 7 |
Thanks. Suggest you remove the Pt 3 bit as when Pt 2 reaches 500 posts, A possible 3rd will be Part 3. Anyway, by putting Boeing 1st in the title alleviates any confusion should be Pt 3 be created. :-) |
ML1 Send message Joined: 25 Nov 01 Posts: 21097 Credit: 7,508,002 RAC: 20 |
Thanks. Suggest you remove the Pt 3 bit as when Pt 2 reaches 500 posts, A possible 3rd will be Part 3. Anyway, by putting Boeing 1st in the title alleviates any confusion should be Pt 3 be created. :-) Hence the longer title and full "(Part 3)" to distinguish from your forthcoming "Pt 3" branding/abbreviation ;-) ... All in our only one world, Martin See new freedom: Mageia Linux Take a look for yourself: Linux Format The Future is what We all make IT (GPLv3) |
Sirius B Send message Joined: 26 Dec 00 Posts: 24909 Credit: 3,081,182 RAC: 7 |
Fair enough. It was just a suggestion. :-) |
W-K 666 Send message Joined: 18 May 99 Posts: 19356 Credit: 40,757,560 RAC: 67 |
Nikki Haley resigns from Boeing's board over bailout pursuit Haley informed Boeing of her decision to resign March 16 and her resignation is effective immediately. |
Wiggo Send message Joined: 24 Jan 00 Posts: 36571 Credit: 261,360,520 RAC: 489 |
Nikki Haley resigns from Boeing's board over bailout pursuitMore than likely she got wind of her impeding forced departure and bailed out before it came along. ;-) Cheers. |
W-K 666 Send message Joined: 18 May 99 Posts: 19356 Credit: 40,757,560 RAC: 67 |
WaPo - Senate aid package quietly carves out billions intended for Boeing, officials say March 25, 2020 at 1:35 p.m. GMT |
ML1 Send message Joined: 25 Nov 01 Posts: 21097 Credit: 7,508,002 RAC: 20 |
Here is the latest selected update for the saga of Boeing... Yet more damnation along with added maneuverings towards a devilish deal?... Judge for yourselves: FAA Initiates New Inquiry Into 737 Safety wrote: ... the 737 aircraft experienced a gradual loss of cabin pressure. The jet landed without incident or injury to the passengers. The Boeing 737 MAX – What Needs To Be Fixed? wrote: The Boeing 737 MAX is one of the most praised and also the [most] criticized aircraft ever built... The Air Force's Troubled Boeing KC-46 Tankers Leak Fuel Excessively wrote: Boeing's seemingly perpetually troubled KC-46A Pegasus tanker has yet another major problem, its fuel system leaks excessively. This comes nearly a month after the U.S. Air Force made clear that it would not use its existing examples for aerial refueling, their core mission set, except in an absolute emergency. This was due to already serious existing issues... Boeing wins $1.5 billion contract for a fresh batch of P-8A Poseidon maritime patrol aircraft wrote: ... The P-8 Poseidon is a military derivative of the Boeing 737 Next-Generation airplane, ... performing missions ranging from sub-hunting and surveillance to search and rescue. Is Boeing Going Bankrupt? wrote: Although not coined during the 2007-2008 financial crisis, the term “too big to fail†was used heavily at the time, as banks and multinational corporations were handed a lifeline in bailouts on account of their size. The term has been bandied about again recently, as Boeing... Boeing Closes In on U.S. Lifeline After $142 Billion Wipeout wrote: Boeing Co. is edging closer to winning a government bailout as the once-mighty company races to secure a lifeline... Boeing called this week for $60 billion in aerospace aid, mostly for itself... The Boeing Lifeline wrote: It has been quite a volatile week on the financial markets, booking historic strong gains after booking historic losses earlier. Boeing (NYSE:BA) was no exception, ... In this report, I have a look at why Boeing shares booked solid gains during the week, but also why there's no reason to be overly cheerful... This is why Trump shouldn't bail out Boeing wrote: ... Boeing’s existence might be more important to the economy than the existence of a mid-sized manufacturer of widgets in small town Indiana, but what about the existence of a thousand mid-sized manufacturers of anything in small town anywhere? And how do we quantify the importance of safeguarding individual jobs in a consistent and, crucially, fair way? All in our deadly greedy world, Martin See new freedom: Mageia Linux Take a look for yourself: Linux Format The Future is what We all make IT (GPLv3) |
ML1 Send message Joined: 25 Nov 01 Posts: 21097 Credit: 7,508,002 RAC: 20 |
Harking back to a long-time problem on the Boeing 737: We have this example for something that is very much NOT life critical: (Note the comment about the power cable...) PewDiePie! - We built you a gaming PC! And then we have the 'Boeing methods' as discussed previously. At last, we have the inevitable: Boeing To Rewire All MAXes HOWEVER: What of the remaining 737's that are at risk from the same (potentially catastrophically deadly) fault?... All in our deadly greedy world, Martin See new freedom: Mageia Linux Take a look for yourself: Linux Format The Future is what We all make IT (GPLv3) |
ML1 Send message Joined: 25 Nov 01 Posts: 21097 Credit: 7,508,002 RAC: 20 |
Silly deadly scary stuff: Boeing 787s must be turned off and on every 51 days to prevent 'misleading data' being shown to pilots wrote: The US Federal Aviation Administration has ordered Boeing 787 operators to switch their aircraft off and on every 51 days to prevent what it called "several potentially catastrophic failure scenarios" – including the crashing of onboard [avionics] network switches... That timer overrun fault is a very well known problem and 'gotcha' and all very well known since the dawn of computing. How was that missed and not tested for?... How much more deadly potentially life threatening sloppy programming is there in there to confuse the pilots, or worse?... All in our deadly greedy world, Martin See new freedom: Mageia Linux Take a look for yourself: Linux Format The Future is what We all make IT (GPLv3) |
ML1 Send message Joined: 25 Nov 01 Posts: 21097 Credit: 7,508,002 RAC: 20 |
More worrying faults found on the grounded 737 Max, and the Starliner test flight is to be reflown: Boeing to fix new issues in 737 MAX flight control software wrote: ... one issue involves hypothetical faults in the flight control computer microprocessor, which could potentially lead to a loss of control known as a runaway stabiliser, while the other issue could potentially lead to disengagement of the autopilot feature during final approach... Contrast that with the details here for the same story: Stop us if you've heard this before: Boeing's working on 737 Max software fixes for autopilot, stabilization bugs wrote: Boeing is working on software patches for two bugs in its infamous 737 Max's flight controller – one that causes the autopilot to drop out during final approach, the other a loss of control and subsequent nosedive mid-flight... Boeing to fly second Starliner uncrewed test flight wrote: ... “If Boeing would have proposed a crewed mission as the next flight, NASA would have completed a detailed review and analysis of the proposal to determine the feasibility of the plan,†the agency said. “However, as this was not the recommendation made by Boeing, NASA will not speculate on what the agency would have required.†So... My personal reading of that is that really? Boeing considers a fault or any single-point-of-failure fault 'hypothetical' until that fault has killed people? Really??!!! Also, it is amazing how the Boeing Marketing-speak is so obfuscated obscure!... All in our deadly greedy world, Martin See new freedom: Mageia Linux Take a look for yourself: Linux Format The Future is what We all make IT (GPLv3) |
betreger Send message Joined: 29 Jun 99 Posts: 11411 Credit: 29,581,041 RAC: 66 |
Martin as long as fiduciary responsibility is the law public corporations have to behave that way. Corporations can trace their roots to Crown charter companies such as the East India company and the Hudson's Bay company. The Crown granted them special privileges in exchange for doing good work for the crown. Today the state issues charters of incorporation with no reciprocal duties except to pay the taxes which they are unable to avoid. |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30971 Credit: 53,134,872 RAC: 32 |
Martin as long as fiduciary responsibility is the law public corporations have to behave that way. Certainly not just Boeing, https://www.bbc.com/news/business-52146507 "Some brands are showing a true sense of partnership and high level of ethics in trying to ensure at least enough cash flow to pay workers," Amit Mahtaney, the chief executive of Tusker Apparel Jordan, told the BBC. |
ML1 Send message Joined: 25 Nov 01 Posts: 21097 Credit: 7,508,002 RAC: 20 |
Martin as long as fiduciary responsibility is the law public corporations have to behave that way. Yes, and both those companies set ruthlessly greedy examples that forced government intervention to tidy up their greedy mess, all with great loss of life... This is where we need to move on and bring in personal responsibility, with no anonymous hiding behind a company name, to check (stop) and balance the more egregious and deadly greed we seem to repeatedly suffer... All in our deadly greedy world, Martin See new freedom: Mageia Linux Take a look for yourself: Linux Format The Future is what We all make IT (GPLv3) |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30971 Credit: 53,134,872 RAC: 32 |
Yes, and both those companies set ruthlessly greedy examples that forced government intervention to tidy up their greedy mess, all with great loss of life...The government granted them license to act this way, in some ways it ever requires it; it is called "corporation" |
ML1 Send message Joined: 25 Nov 01 Posts: 21097 Credit: 7,508,002 RAC: 20 |
The Boeing malaise continues: New document reveals significant fall from grace for Boeing’s space program wrote: ...Since December, the company's space issues have also become more widely known following the failure of the company's Starliner capsule to successfully carry out a test flight to the International Space Station. NASA labelled this aborted mission, during which the spacecraft was nearly lost two times, a "high visibility close call." The company has agreed to perform a second test flight without crew to assure NASA of Starliner's safety. Trump Promises U.S. Will Do 'Whatever is Necessary' to Help Boeing... wrote: ... The president also said that the U.S. "can't let anything happen to Boeing." All an executive greedy game of too big to be allowed to fail? All in our only one deadly greedy world, Martin See new freedom: Mageia Linux Take a look for yourself: Linux Format The Future is what We all make IT (GPLv3) |
ML1 Send message Joined: 25 Nov 01 Posts: 21097 Credit: 7,508,002 RAC: 20 |
Yes, and both those companies set ruthlessly greedy examples that forced government intervention to tidy up their greedy mess, all with great loss of life...The government granted them license to act this way, in some ways it ever requires it; it is called "corporation" Yes... We've got a lot of history and a lot of examples of that... And supposedly we've moved onwards and away from the blood thirsty despots and kingdoms of old... Time we updated our company rules to something more sustainable, less greedy, and less deadly? All in our only one deadly greedy world, Martin See new freedom: Mageia Linux Take a look for yourself: Linux Format The Future is what We all make IT (GPLv3) |
betreger Send message Joined: 29 Jun 99 Posts: 11411 Credit: 29,581,041 RAC: 66 |
The modern model was created in The London School of Economics and perfected at the University of Chicago, think Milton Freedman, a brilliant mind with questionable assumptions. |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30971 Credit: 53,134,872 RAC: 32 |
The modern model was created in The London School of Economics and perfected at the University of Chicago, think Milton Freedman, a brilliant mind with questionable assumptions. However it is fixed in stare dices of the world in the 1770's and the law of the time when the King was still King. A corporation is a grant from the King (government) to do any damn thing you want on the assumption that you are scratching the King's back. |
Sirius B Send message Joined: 26 Dec 00 Posts: 24909 Credit: 3,081,182 RAC: 7 |
Will Boeing survive? Meanwhile, Airbus' main rival Boeing is also battling another major crisis due to the year-long grounding of its 737 Max passenger jet, which had been its best selling plane. |
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