The company has been mired in negative stories since a door panel blew out on a Boeing 737 Max plane flown by Alaska Airlines in January.
Archived version: https://archive.ph/KS7ic
The company has been mired in negative stories since a door panel blew out on a Boeing 737 Max plane flown by Alaska Airlines in January.
Archived version: https://archive.ph/KS7ic
He’s still a shareholder, like he was during all others Boeing fuckups when he wasn’t CEO. Ever since McDonnell Douglas merged (or basically bought Boeing with Boeing own money) Boeing is no longer an airplane manufacturer. It’s now only a listing in the stock exchange without any engineers in the leadership position. Pre-merger, Boeing was run by engineers, they had top management positions, post merger, they were all fired or forced out and failing McDonnell Douglas executives took over those positions in Boeing.
All they do is buy back their stock and get richer while losing market share. The only reason they still sell any planes is that Airbus doesn’t have the capacity to produce more and has a 10-year-long backlog of orders.