Headline:
Boeing CEO Dave Calhoun to step down in leadership shake-up -- March 25, 2024 at 5:55 am Updated March 25, 2024 at 6:18 am
Some are leaving the company. Schadenfreude at Airbus, or simple relief, "Glad it wasn't us." It could have been. You have a duopoly where one is measured against the other, as to order backlog, deliveries, earnings and costs, and bottom line profit.
Oh, and safety too.
It is a "They cut corners, we have to think of cutting corners," situation on both continents. And Boeing after the Merger had Douglas Californians getting into driving seats - no longer the reliable Puget Sound engineering and workmanship norms, with it noteworthy that before this, Douglas had abandoned commercial airline markets because of competitive inadequacies. And Boeing let those people into some of the driving seats and the 787 got moved to South Carilina, a right-to-work state. The engineering remains sound, the rest is a basket case needing reform and so a few heads role, but - wait and see. There is a thing called "company culture," at which Boeing, pre-merger, excelled.
Atop the production part of the flying public's market, the retail end, the airlines, there is an online AP item,
United Airlines says federal regulators will increase oversight of the company following issues
Bless bean counters. They seldom leave a bean uncounted.