Boeing: Profits 1st, Safety 2nd? (Part 3)

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Profile Gary Charpentier Crowdfunding Project Donor*Special Project $75 donorSpecial Project $250 donor
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Message 2140406 - Posted: 8 Sep 2024, 22:03:49 UTC - in response to Message 2140400.  

To be fair it sounds like your place of employment, or SOP corporatized management.

The big difference here in my example outpost, is that the only thing that gets put at risk are jobs/livelihood and production output.

... No actual LIVES, or the well being of others, are put at risk in the 'game' of being gambled for profit...

As long as it isn't the lives of the Board Room, Ford Pinto. Or do you not think that FORD was the epitome of corporate culture when they produced them?
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Message 2141196 - Posted: 25 Sep 2024, 0:28:49 UTC

FAA chief says Boeing safety culture reforms may take years
The head of the Federal Aviation Administration told a U.S. House subcommittee on Tuesday that safety culture improvements at Boeing(BA.N), opens new tab may take three to five years to complete.

"It is not a six-month program - it is a three-year to five-year program," FAA Administrator Mike Whitaker said at a two-hour hearing, adding he has spoken to Boeing CEO Kelly Ortberg and the company's board of directors about the need for safety culture reforms.

He said Boeing has made significant improvement in the short term. "On culture it is a long-term project .... There is progress but they are not where they need to be."
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Message 2141237 - Posted: 25 Sep 2024, 20:54:20 UTC

1 way or the other Boeing is losing more of its profits.

Boeing strikers not interested in 30% pay rise.

The union representing thousands of striking Boeing workers says a survey of its members shows they are "not interested" in the aviation giant's latest pay offer.

"Many comments expressed that the offer was inadequate," the International Association of Machinists and Aerospace Workers (IAM) said in a post on X.

It comes after Boeing made a new offer earlier this week to striking workers, which proposed a 30% pay rise over four years.

BBC News has requested a statement from Boeing in response to the IAM announcement.

"The survey results from yesterday were overwhelmingly clear, almost as loud as the first offer: members are not interested in the company's latest offer that was sent through the media," the IAM post said.

On Monday, Boeing made what it called its "best and final" pay offer, which included the reinstatement of a performance bonus, improved retirement benefits and a one-off $6,000 (£4,470) bonus for signing a new pay deal.

The company said the offer was dependent on it being ratified by union members by midnight pacific time on Friday 27 September (7:00 GMT on Saturday 28 September).

However, IAM said Boeing had sent the new offer directly to union members and the media without telling the union's representatives.

It also said the company's deadline did not give it enough time to organise a vote by its members........
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Message 2141265 - Posted: 26 Sep 2024, 9:21:57 UTC
Last modified: 26 Sep 2024, 9:30:16 UTC

Boeing staff report pressure to lower standards
[...] Democratic lawmakers released the results of a damaging internal staff survey that Boeing conducted in May, which found more than half of Boeing workers felt that "schedule pressures" had caused their team to lower its standards.

Less than two-thirds felt they had the training or tools and materials to do their job properly. [...]

[Sen. Blumenthal] said he was sceptical that the current plan for improvement adopted by the FAA and the company would make a difference, saying they looked like the company was "recycling" safety commitments it had made years earlier.

"We need tough oversight," Senator Josh Hawley said. "I want to make sure your agency is holding their feet to the fire."

[Blumenthal] criticised the 11 inspectors the FAA has sent to Boeing's factory in Renton, Washington as "inadequate" and raised concerns that FAA was giving Boeing too much heads-up about regulator audits.

Mr Blumenthal said he thought there would be more effective ways to pressure the company to change, such as capping executive pay.
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Message 2141335 - Posted: 27 Sep 2024, 21:10:41 UTC

NTSB issues urgent safety recommendations on Boeing 737 rudder after Newark incident

NTSB recommends Boeing notify crews about potential rudder control system jam
FAA to review corrective actions based on NTSB recommendations
Collins Aerospace identified production issue affecting over 353 actuators
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Message 2141962 - Posted: 13 Oct 2024, 1:24:30 UTC

The Boeing middle and upper management only have themselves to blame for the record losses..
Boeing to lay off 17,000 workers, delay 777X rollout amid machinists strike
Boeing will lay off 17,000 workers and delay the introduction of its 777X wide-body plane until 2026, CEO Kelly Ortberg revealed Friday amid an increasingly bitter five-week-old machinist strike.

Ortberg wrote in a company memo that Boeing will idle roughly 10% of its total workforce over a period of months, including executives, managers and employees.

Also in a surprise financial update on Friday, the company said it expects to report a loss of $9.97 per share in the third quarter with pretax charges of $3 billion for its commercial airplane unit and $2 billion for its defense business.

"Our business is in a difficult position, and it is hard to overstate the challenges we face together," he wrote. "Beyond navigating our current environment, restoring our company requires tough decisions and we will have to make structural changes to ensure we can stay competitive and deliver for our customers over the long term."
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Message 2142082 - Posted: 17 Oct 2024, 2:53:09 UTC

How long before Boeing goes bust?
Boeing is raising $10 billion from 4 major banks — and could sell another $25 billion in securities
Boeing plans to raise up to $35 billion to help steady its finances as a machinists strike enters its fifth week.

In a Tuesday regulatory filing, the planemaker said it had entered a $10 billion credit agreement with Bank of America, Citibank, Goldman Sachs, and JPMorgan Chase.

Boeing also filed a prospectus saying that it may sell up to $25 billion in securities, including bonds, new shares, and stock options.

"These are two prudent steps to support the company's access to liquidity," Boeing said in a statement, adding that the fundraising would help it "navigate through a challenging environment."

The storied planemaker has seen its share price fall 40% since the start of the year as it battles several challenges. Credit-ratings agencies have said that its bonds may be downgraded to junk status.
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Message 2142093 - Posted: 17 Oct 2024, 11:48:48 UTC

Such extreme financial burdens must increase prices of future Boeing aircraft significantly compared to Airbus to generate sufficient profit. Boeing will hardly be able to raise the funds to develop any new aircraft, e.g. the 737 successor. Without a modern single aisle aircraft, Boeing can't continue at some point, like Douglas or British and French manufacturers before, back then wiped from the market by superior Boeing planes. At the same time, Airbus will certainly be secretly developing an even more efficient successor to the A320.

From a competiveness and antitrust perspective: How to keep a financially stable competitor to Airbus, with comparable sales figures?
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Message 2142295 - Posted: 22 Oct 2024, 16:52:04 UTC

And now a Boeing satellite breaks up.

Intelsat 33e breaks up in geostationary orbit
TAMPA, Fla. — The Intelsat 33e satellite has broken up in geostationary orbit (GEO) and lost power, ceasing communications services for customers across Europe, Africa and parts of Asia Pacific.
Intelsat said in an Oct. 19 news release it was working with satellite maker Boeing to address an anomaly that emerged earlier that day, but added it was “unlikely that the satellite will be recoverable.”
In an Oct. 21 update, Intelsat declared the satellite a total loss. The company said it is working with government agencies to analyze data and observations, and has set up a Failure Review Board to investigate the anomaly’s cause.
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Message 2142311 - Posted: 23 Oct 2024, 5:22:34 UTC - in response to Message 2142295.  

And now a Boeing satellite breaks up.

Intelsat 33e breaks up in geostationary orbit
TAMPA, Fla. — The Intelsat 33e satellite has broken up in geostationary orbit (GEO) and lost power, ceasing communications services for customers across Europe, Africa and parts of Asia Pacific.
Intelsat said in an Oct. 19 news release it was working with satellite maker Boeing to address an anomaly that emerged earlier that day, but added it was “unlikely that the satellite will be recoverable.”
In an Oct. 21 update, Intelsat declared the satellite a total loss. The company said it is working with government agencies to analyze data and observations, and has set up a Failure Review Board to investigate the anomaly’s cause.

Interesting. Went up in 2016 so it isn't exactly a spring chicken.
I see four possibilities:
1) Impact
2) bad commands
3) fatigue
4) bad parts

Due to its age I don't see an assembly error as likely There is always intentional act and some other wild highly unlikely conditions.
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Message 2142315 - Posted: 23 Oct 2024, 8:00:01 UTC - in response to Message 2142311.  

And now a Boeing satellite breaks up.

Intelsat 33e breaks up in geostationary orbit
TAMPA, Fla. — The Intelsat 33e satellite has broken up in geostationary orbit (GEO) and lost power, ceasing communications services for customers across Europe, Africa and parts of Asia Pacific.
Intelsat said in an Oct. 19 news release it was working with satellite maker Boeing to address an anomaly that emerged earlier that day, but added it was “unlikely that the satellite will be recoverable.”
In an Oct. 21 update, Intelsat declared the satellite a total loss. The company said it is working with government agencies to analyze data and observations, and has set up a Failure Review Board to investigate the anomaly’s cause.

Interesting. Went up in 2016 so it isn't exactly a spring chicken.
I see four possibilities:
1) Impact
2) bad commands
3) fatigue
4) bad parts

Due to its age I don't see an assembly error as likely There is always intentional act and some other wild highly unlikely conditions.

They are usually designed for a life of 15 years, and many exceed that, so this one is only middle-aged, at most.
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Message 2142318 - Posted: 23 Oct 2024, 9:24:47 UTC - in response to Message 2142311.  

1) Impact
Of what? This heavy (14,600 lbs) satellite burst into more than 20 fragments. It wasn't a micro-meteorite punching a small hole into a solar array. I thought larger space debris objects are well monitored, so you can manoeuver a satellite in time to prevent collisions. At least operators know in advance about close convergences. But there should not be any in GEO orbits. I also think that space debris is more a problem of the lower orbits, not GEO.

Would they tell the public if this satellite was impacted by some object which wasn't in this orbit before?
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Message 2142321 - Posted: 23 Oct 2024, 11:28:45 UTC
Last modified: 23 Oct 2024, 11:41:06 UTC

... or more likely a recurring problem with this type of Boeing satellites?

Same type Intelsat 29e was declared a total loss in 2019; only survived 3 years in GEO.

April 8, 2019: Intelsat-29e satellite suffers fuel leak, spotted drifting along GEO arc:
[..] ExoAnalytic Solutions said its network of ground-based telescopes identified debris around Intelsat-29e on April 8 [2019].

[...] two prominent pieces of debris were identified April 10 [2019], but that the company can’t determine it they are frozen fuel or something else.

"[...] We believe that we have seen debris come off of the satellite."
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Message 2142322 - Posted: 23 Oct 2024, 11:52:10 UTC

Went up in 2016 so it isn't exactly a spring chicken.

From this List of satellites in geosynchronous orbit a 2016 launch makes it one of the youngest satellites.
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Message 2142323 - Posted: 23 Oct 2024, 12:58:08 UTC - in response to Message 2142318.  

Mr McDuck, consider a small object that just happens to impact, say a fuel tank. It also does not have to be in earth orbit, hence not tracked. Have fun looking at a meteor shower.
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Message 2142356 - Posted: 24 Oct 2024, 0:06:51 UTC

There are consequences:


'Crises at Boeing and Intel Are a National Emergency'
wrote:
... Their market values have plummeted, jeopardizing not just shareholder wealth but national security. The U.S. is losing its edge in manufacturing high-tech products, crucial in its geopolitical contest with China...




Only in the USA?...
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Message 2142363 - Posted: 24 Oct 2024, 5:38:44 UTC - in response to Message 2142356.  

Only in the USA?...
Well, H1B's from Red China are doing a very effective job of sabotage. Idiots in board rooms who only respond to greed. Time to line some of them up and ...

Damn reminds me of a friend who worked in a place with "hello" phones. Idiots didn't know cell phones had cameras, so they could walk into SCIF's with a camera. How do you think our enemies have build duplicates of our "secret" technology so fast? Idiots! Now of course those personal devices have to go into a Faraday cage. But not back in the day. So now it is the H1B's eyeballs.
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Message 2142375 - Posted: 24 Oct 2024, 13:40:12 UTC

Striking Boeing workers reject 35% pay rise offer
The International Association of Machinists and Aerospace Workers (IAM) union said 64% of its members voted against the proposed deal.

More than 30,000 of Boeing's employees have joined the walkout, which started on 13 September, after an initial offer was rejected.

It is the second time that the striking workers have rejected a proposed deal in a formal vote. The previous offer was turned down last month by 95% of workers.

The strike "is costing them $100m a day so the cash burn is really significant... This is getting to a pretty severe situation for Boeing,” [...]

[...] restarting the firm's factories, whenever the strike does end, will be tricky.

"It’s much harder to turn this on than it is to turn it off. So it’s critical, absolutely critical, that we do this right,"
Something seems to be fundamentally rotten between management and workers. Or rather management has completely lost contact with reality in their factories years ago...

Unfortunately the article lacks any details about other demands by IAM union. Just payments? And a large majority rejects 35% increase? Unbelievable...
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Message 2142389 - Posted: 24 Oct 2024, 21:50:27 UTC - in response to Message 2142375.  
Last modified: 24 Oct 2024, 21:55:01 UTC

That supposed 35% is still a negative increase that is something that is spread thin as a never-never promise over future years, and ignores a degraded pension and worsened work conditions...

The rest is self-destructive Management hussle whereas positive cooperation and good feelings would be far far more profitable.

Do you want a self motivated happy diligent team, or an under-the-whip ragtag gang of malcontents?...

And people's lives are totally dependent upon the motivation and good thorough work of those workers...


Go fly with that?
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Message 2142410 - Posted: 25 Oct 2024, 3:17:40 UTC - in response to Message 2142375.  

If I'm getting more parts of the story, the workers want the company to go back to a traditional pension plan as promised years ago when they temporarily allowed a 401(k). That is likely a never for management. Just look at what happened to GM and others. I see a chapter 11 in the very near future. Does Airbus have the cash to buy them out of bankruptcy court? Or will they be broken up and the Military part bought by RTX or Lockheed and the Civilian by Textron?
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Message boards : Politics : Boeing: Profits 1st, Safety 2nd? (Part 3)


 
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