(Update 10-12-2024) Boeing to cut 17,000 jobs, delay first 777X jet as strike hits finances || I am thinking I may buy a bit more $BA on Monday 10-14-2024. Looks like stock market will open on the Columbus Day Monday, btw 🙂
(Update 03-11-2024) Boeing Whistleblower Found Dead in Charleston After Break in Depositions.
“They brought them in from other areas of the company. The new leadership team – from my director down – they all came from St. Louis, Missouri. They said they were all buddies there.”
“That entire team came down. They were from the military side. My impression was their mindset was – we are going to do it the way we want to do it. Their motto at the time was – we are in Charleston and we can do anything we want.”
“They started pressuring us to not document defects, to work outside the procedures, to allow defective material to be installed without being corrected. They started bypassing procedures and not maintaining configurement control of airplanes, not maintaining control of non conforming parts – they just wanted to get the planes pushed out the door and make the cash register ring.”
(Update 01-27-2024) Boeing-737 on Wikipedia. Also Boeing’s revenue breakdown by segment. Also program accounting by TAC The Air Current.
(Update 01-25-2024) Simple Flying – The Boeing 737 vs Airbus A320 – Which Plane Is Best?
CBC.ca – Did Boeing learn from past mistakes? Mid-air blowout has again put company on defensive
Boeing’s workforce isn’t as experienced as it used to be, says Melius’ Robert Spingarn
(Original) I recall the famous Warren Buffett said that investing is somewhat like investigative journalism. A lot of my day work (software development) is in some way like that. Reading other people’s code. Trying to understand and ask what and why.
The failure of Boeing 737 MAX is in someway due to “lack of curiosity” from top all the way down.
My tweet today 01-16-2024
Also, came across two Cramer’s takes on Boeing, this one is recent. Another the second one was a few years ago shortly after the 2nd 737 MAX plane downed.
Second one: 10-21-2019