Tagged: Boeing 737 Max scandal

Boeing’s Culture of Neglect and Disregard of Safety: The House Transportation Committee Report Findings (Part II of II)

Boeing’s culture and safety performance continues to undermine its ability to move forward and regain trust from regulators, the aviation industry and the flying public.  Boeing has to undergo transformative change.  All indications of reform are sparse and Boeing appears to be moving slowly but not so effectively to implement real and substantial reforms.  Boeing faces significant challenges to the core of its culture and...

Boeing 737 MAX Accountability: Shareholder Litigation Against Boeing Board & House Transportation Committee Issues Scathing Report (Part I of II)

Boeing is the new poster child for corporate governance failures and misconduct.  Move over Wells Fargo, General Motors, Volkswagen, Novartis, Siemens and Wal-Mart, and make room for Boeing.  Like General Motors and its ignition switch scandal, innocent consumers were killed as a direct result of corporate governance failures and blatant misconduct. Boeing’s 737 MAX was rolled off the factory floor with fanfare and great expectations...

Boeing and the 737 Max Scandal (Part II of III)

Boeing’s 737 Max problems began over ten years ago.  Facing competitive pressure from Airbus, Boeing embraced the 737 Max as its competitive savior.  After two horrific crashes killing a total of 346 people, the FAA ordered the grounding of the 737 Max. Despite the grounding, Boeing produced another 400 737 Max airplanes before ceasing all manufacturing of the airplane in January 2020. The two plane...