Boeing posts $3.8 billion loss and has lost more than $35 billion since fatal crashes in 2019

Did the greedy Boeing execs that led to shortcuts and accidents ever get heavy jail times?

It's worth noting that still only the software glitch resulted in loss of life although of course the blowout was also life threatening.

Simple just make product that fly safely and won't crash down, is it that hard? Airbus can do that.

Boeing has certainly well-earned their close association with major safety defects and resulting mass-casualty disasters.

Boeing sucks..

Airbus is dancing..

LOL

This is what happens when the CEO's salary depends solely on profit - which itself was made by cancelling investments in new product R&D. Boiiiing' best seller and still the company's hope for recovery is the 737, an incredibly antiquated design kept in production by a shoddy patchwork of add-ons with grandfathered (inherited, not rechecked) safety.

No doubt they'll get a juicy government bail-out or interest-free loan.

Trebles all round.

"Boeing posts $3.8 billion loss and has lost more than $35 billion since fatal crashes in 2019."

You can do better than that, if you concentrate more in product improvement than DEI.

Boeing posts $3.8 billion loss and has lost more than $35 billion since fatal crashes in 2019

When you cut corners...

mandated DEI compliance by Boeing is only tip of the iceberg.

the main issue is a long and deeply embedded societal engineered cancer:

for example you understad Boeing needs aerospace engineers yes? and same time for a new engineer Boeing would be a top career choice yes?

So what about Aerospace Engineering graduates from the top universities?

Do university admission standards even care about blind academic achievements to accept students or something else?

And when someone presents such prestigious graduation certification (which is basically now not much more meaningful than toilet paper) on a Boeing job interview is Boeing not supposed to hire them?

and what happens to product quality when such an "engineer" becomes manager of a system development?

It is very painful to watch how the BY-FAR the GREATEST transport aircraft maker in aviation history is floundering because of horrific nonsense much of it way beyond their control.

But bonuses are paid and execs are getting millions and millions.

You might have seen this already but Boeing CEO gets grilled.

https://vt.tiktok.com/ZS67HTxjh/

Check my JT posts from about 5 years ago. I predicted that Boeing's cost cutting at the time would result in this kind of disaster.

I don't get how they only suffered a $3.8 billion loss when actual GAAP accounts says they lost $5 billions just from the union strike?