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A Cycle of Misery: The Business of Building Commercial Aircraft

construction-physics.com · 3,930 words · saved by 1 readers

"There are no historic precedents or current parallels for the magnitude of financial exposure risked by an American airframe company" – George Ball, managing director at Lehman Brothers, 1982 "You can't win, you can't break even, and you can't quit" – Jean Pierson, former CEO of Airbus Boeing is once again in the news following an incident on Alaska Airlines Flight 1282, where an emergency exit door plug fell off mid-flight due to missing or improperly installed bolts. The aircraft, a 737-MAX9, is from the same 737 MAX family that suffered two fatal crashes in late 2018 and 2019. Predictably, the incident triggered a new round of discussion about the decline of Boeing as an aircraft manufacturer. Nearly every source points to the same instigating event: the 1997 merger with McDonnell-Douglas, which changed Boeing from an engineering-driven company focused on building the best airplanes possible to one which focused overwhelmingly on financials and stock price. As far as I can tell, th

A Cycle of Misery: The Business of Building Commercial Aircraft Brian Potter Jan 31, 2024 165 46 20 Share First 737 under construction "There are no historic precedents or current parallels for the magnitude of financial exposure risked by an American airframe company" – George Ball, managing director at Lehman Brothers, 1982 "You can't win, you can't break even, and you can't quit" – Jean Pierson, former CEO of Airbus Boeing is once again in the news following an incident on Alaska Airlines Flight 1282, where an emergency exit door plug fell off mid-flight due to missing or improperly install

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