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

Message boards : Politics : Boeing: Profits 1st, Safety 2nd? (Part 3)
Message board moderation

To post messages, you must log in.

Previous · 1 . . . 35 · 36 · 37 · 38

AuthorMessage
Profile Wiggo
Avatar

Send message
Joined: 24 Jan 00
Posts: 34971
Credit: 261,360,520
RAC: 489
Australia
Message 2135552 - Posted: 6 May 2024, 10:15:07 UTC

More on that ripple effect.

Commercial jet maker Airbus is staying humble even as Boeing flounders. There's a reason for that.

In the latest round of their decades-long battle for dominance in commercial aircraft, Europe’s Airbus established a clear sales lead over Boeing even before the American company encountered more fallout from manufacturing problems and ongoing safety concerns.

Airbus has outpaced Boeing for five straight years in plane orders and deliveries, and just reported a 28% quarterly increase in net profit. It was already winning market share by beating Boeing to develop a line of fuel-efficient, mid-sized aircraft that are cheaper for airlines to fly.

And now Boeing is facing a government-mandated production cap on its best-selling plane.

Yet the European company is unlikely to extend its advantage in the Airbus-Boeing duopoly much further despite having customers clamoring for more commercial aircraft, according to aviation analysts. The reason: Airbus already is making planes as fast as it can and has a backlog of more than 8,600 orders to fill.

Its ability to leverage Boeing’s troubles therefore is “very limited,” according to Jonathan Berger, managing director at Alton Aviation Consultancy. Between strained supply chains and the long lead times for a hugely complex and highly regulated product, a jetliner ordered from Airbus today may not arrive until the end of the decade......
ID: 2135552 · Report as offensive     Reply Quote
Dr Who Fan
Volunteer tester
Avatar

Send message
Joined: 8 Jan 01
Posts: 3236
Credit: 715,342
RAC: 4
United States
Message 2135569 - Posted: 7 May 2024, 0:44:23 UTC

Who's next to mysteriously fall severely ill and/or die?

Thing are not going to get better for Boeing as the various US Federal agencies keep digging and finding things like this:

US FAA opens probe into Boeing 787 inspections
WASHINGTON (Reuters) -The Federal Aviation Administration said on Monday it has opened an investigation into the Boeing 787 Dreamliner after the planemaker said some employees had committed "misconduct" by claiming some tests had been completed.

The FAA said it is investigating whether Boeing completed the inspections to confirm adequate bonding and grounding where the wings join the fuselage on certain 787 Dreamliner airplanes "and whether company employees may have falsified aircraft records."

The agency said "at the same time, Boeing is reinspecting all 787 airplanes still within the production system and must also create a plan to address the in-service fleet."
ID: 2135569 · Report as offensive     Reply Quote
Profile ML1
Volunteer moderator
Volunteer tester

Send message
Joined: 25 Nov 01
Posts: 20393
Credit: 7,508,002
RAC: 20
United Kingdom
Message 2135694 - Posted: 10 May 2024, 15:33:38 UTC

Boeing is still very much in the wrong and unhealthy type of news:


Boeing's Rough Landing...



Fly safe?...
Martin
See new freedom: Mageia Linux
Take a look for yourself: Linux Format
The Future is what We all make IT (GPLv3)
ID: 2135694 · Report as offensive     Reply Quote
Dr Who Fan
Volunteer tester
Avatar

Send message
Joined: 8 Jan 01
Posts: 3236
Credit: 715,342
RAC: 4
United States
Message 2135700 - Posted: 10 May 2024, 16:06:18 UTC

Has luck run out for Boeing? Hmmm...
Boeing Troubles Just Got Worse
The Securities and Exchange Commission has opened an investigation into Boeing over concerns it may have misled investors, reported Bloomberg.

The investigation pertains specifically to comments made to investors about safety practices following an incident in January in which a panel flew off an Alaska Airlines-run 737 Max 9 plane midair because of a poorly installed door plug.

In response to a request for comment, a spokesperson for Boeing told Newsweek: "We don't have anything to add."
ID: 2135700 · Report as offensive     Reply Quote
W-K 666 Project Donor
Volunteer tester

Send message
Joined: 18 May 99
Posts: 19109
Credit: 40,757,560
RAC: 67
United Kingdom
Message 2135853 - Posted: 15 May 2024, 5:31:35 UTC

Justice Department says Boeing violated deal that avoided prosecution after 737 Max crashes
WASHINGTON (AP) — Boeing has violated a settlement that allowed the company to avoid criminal prosecution after two deadly crashes involving its 737 Max aircraft more than five years ago, the Justice Department told a federal judge on Tuesday.

It is now up to the Justice Department to decide whether to file charges against Boeing. Prosecutors will tell the court no later than July 7 how they plan to proceed, department said.

New 737 Max jets crashed in 2018 in Indonesia and 2019 in Ethiopia, killing 346 people. Boeing reached a $2.5 billion settlement with the Justice Department in January 2021 to avoid prosecution on a single charge of fraud — misleading federal regulators who approved the plane. Boeing blamed the deception on two relatively low-level employees.

In a letter filed Tuesday in federal court in Texas, Glenn Leon, head of the Justice Department criminal division’s fraud section, said Boeing violated terms of the settlement by failing to make promised changes to detect and prevent violations of federal anti-fraud laws.
ID: 2135853 · Report as offensive     Reply Quote
Previous · 1 . . . 35 · 36 · 37 · 38

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


 
©2024 University of California
 
SETI@home and Astropulse are funded by grants from the National Science Foundation, NASA, and donations from SETI@home volunteers. AstroPulse is funded in part by the NSF through grant AST-0307956.