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Post on Medial

Havish Gupta

Stealth • 5m

What's Wrong with Boeing? Why do they keep crashing? So Until 1997, Boeing was an product driven company focused on just building top-quality planes. However in 1997, Boeing bought McDonnell Douglas. The McD CEO, Henry, managed to become Boeing’s CEO, President and a Board Member! Henry outsourced lot of Boeing's R&D and manufacturing to cut costs and build international relations. Though this led to complications and problems. As a result, Boeing had to spend an extra $10B on their 737 project. Additionally, Boeing spent $80B on stock buybacks just to boost EPS while cutting the budget for new aircraft! So They ended up making some changes to their 737 to make 737 Max. They also added a feature called MCAS that adjusted the plane’s nose but didn't trained pilots for it. This feature malfunctioned, causing 2 crashes. Also other errors in Boeing 737 series planes led to other 500+ accidents. Moral: Compromising on R&D would never work out. Do You Agree?

15 replies21 likes

Replies (15)

Ritesh Gupta

Stealth • 5m

Technology based company should have technical CEOs. These business people are dumb as fuck

1 replies1 like

Aishwarya Raj Pandey
•

Medial • 5m

Finally a question I can answer without having doubts. What's wrong with Boeing? Their Planes

1 replies1 like

tradearo india

Stealth • 5m

One. Merger related to another firm. is the main reson for crashing boing the another company coming to boeing director board crashaes the main feature of boeing feature droped

1 replies1 like

Harsh Aa

Stealth • 5m

Do you watch think school's videos?

1 replies2 likes

Anonymous 3

Stealth • 5m

Stock buybacks over new aircraft development? Red flag central. No wonder Boeing's newest planes are just rehashes of old 737s. It's like iPhones but worse.

1 replies

Anonymous 2

Stealth • 5m

Shortcuts in making planes? Wtf.

1 replies2 likes

Havish Gupta

Stealth • 5m

Other Points 1) Even FAA (Federal Aviation Administration) approved the plane without any proper checks 2) The outsourcing dicision by Henry made good sense if you think about it but that Just didn't worked out 3) The Boeing 737 MAX 8 was grounded after two huge crashes in 2019.

0 replies1 like

Anonymous 1

Stealth • 5m

Boeing turned themselves into a finance company rather than an engineering one. Short-term greed and obsession with stock buybacks over investing in R&D was the beginning of the end, moral here is, Never forget your roots.

1 replies2 likes

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