Boeing is facing a crisis with significant implications for the company, airline industry, and the US economy. The top leadership was toppled after pressure from US airline bosses following an incident on an Alaska Airlines jet. Various industry figures, including Ryanair CEO and Emirates CEO, emphasize the need for strong engineering leadership and quality prioritization at Boeing. The company's focus on speed over quality has led to safety concerns and internal issues, prompting calls for radical changes and more input from workers. The new head of Boeing's commercial airplane unit acknowledges the pivotal moment the company faces in addressing quality concerns and boosting standards.
Boeing’s crisis is why money guys shouldn’t run a company https://t.co/kJRojWN69P
A brilliant essay from @doctorow, explaining the danger all of us — every airline passenger — must face because of Boeing’s shift from an engineering culture to a financial culture … and the failure of the FAA to call bullshit. Attn: @WhiteHouse! https://t.co/SpCKTQoSC9
Spirit Airlines gets credit from IAE that will boost liquidity https://t.co/9dhJPoxiuR https://t.co/wQWg8nhsK7
⚠️ SPIRIT AIRLINES GETS CREDIT FROM IAE THAT WILL BOOST LIQUIDITY Full Story → https://t.co/DF7PqIMvDC Spirit Airlines' said on Friday it will get a monthly credit from International Aero Engines through the end of 2024 as compensation for Spirit being unable to use aircraft… https://t.co/mZFoTBT853
Boeing execs reshuffle amid safety issues. Experts call for more action from Biden's admin. https://t.co/LF25vKJdip
SPIRIT AIRLINES IN AGREEMENT WITH PRATT & WHITNEY AFFILIATE SEES DEAL IMPACT ON LIQUIDITY $150M TO $200M $SAVE
SPIRIT AIRLINES INC - ON MARCH 26, ENTERED INTO AGREEMENT WITH INTERNATIONAL AERO ENGINES, LLC ("IAE"), AN AFFILIATE OF PRATT & WHITNEY SPIRIT AIRLINES INC - ESTIMATED IMPACT OF AGREEMENT ON SPIRIT'S LIQUIDITY IS CURRENTLY EXPECTED TO BE BETWEEN $150 MLN AND $200 MLN
Senior editor-at-large Shawn Tully breaks down Fortune Magazine's latest cover story, which traces the three decades of leadership failures that led to Boeing's door blowout. https://t.co/U1Z71nPhk1 https://t.co/FERNkX4OBk
What Boeing did to all the guys who remember how to build a plane ... After reading this, which contains the information compiled by Boeing whistleblowers, you might want to avoid Boeing planes when flying. https://t.co/VcDJldHIvh https://t.co/684scijuhP
On Tuesday, GE’s CEO will take the final step in a six-year process to break up the once-sprawling conglomerate, splitting off the power business from its crown jewel aircraft engine division. Wall Street is giving Culp a standing ovation. https://t.co/IIrdSFjZci https://t.co/0NhKLFOYBy
👀 Boeing Whistleblower Attorney John Barnett on the Company's Culture of Suppressing Safety Concerns: 'I See This Company Going Down' "I can't tell you the number of people I heard that from...Management should have saw that as a huge red flag and they should have taken… https://t.co/3Jo0eTZNQX
Crisis-ridden aircraft manufacturer Boeing hasn’t engaged in full-scale contract bargaining with its workers, represented by the Machinists, in over a decade. Workers want to reverse concessions of previous years — and win more input into quality control. https://t.co/aFFusgIJhy
Rich people shouldn’t be put in charge of everything just because they’re rich, Boeing spent couple decades devaluing engineers in lieu of money men, private equity guys. I don’t think working as McKinsey means you understand engineering. https://t.co/kFtdeNVP35
Inside Track: Boeing CLO's Grip on Job Seems More Tenuous by the Day https://t.co/DQsKTnvwhz
Column | Boeing's shakeup and GE's fall: 2 more black eyes for Jack Welch's legacy https://t.co/KuLLGWh7QW
Boeing's executive shakeup met with approval, yet calls for enhanced aviation safety from Biden's administration persist. https://t.co/LF25vKJdip
Where Boeing went wrong — and what the company needs to fix https://t.co/0wfrAVgYRy
At their core, Boeing's problems are a lesson in how the “my door is always open” approach to management isn’t enough, says @skgreen https://t.co/Oo5k9dHgUA via @opinion
The Boeing story, wherein neo-liberal management techniques manage to replicate every form of inefficiency, waste and danger to the public achieved by Late Soviet quota production H/t @HistoryNed cc @innes_abby https://t.co/OHjbs8YEgF
4 of 13 Jack Welch acolytes who became CEOs were at the same company… Boeing. Probably nothing. https://t.co/VtR2nmMhNQ
At their core, Boeing's problems are a lesson in how the “my door is always open” approach to management isn’t enough, says @skgreen https://t.co/ExfspTOc1k
Column | Boeing's shakeup and GE's collapse: 2 more black eyes for Jack Welch's legacy https://t.co/cTejQbBHeh
4 takeaways about Boeing’s quality problems https://t.co/0xoQ2FqTMw
New #Boeing chief Stephanie Pope says company faces 'pivotal moment' https://t.co/FB6hgmSiIm https://t.co/4Wrk7AysX9
‘Shortcuts Everywhere’: How Boeing Favored Speed Over Quality Problems have plagued the manufacturer even after two fatal crashes, and many current and former employees blame its focus on making planes more quickly. https://t.co/pe2briE0E2
Boeing’s problems are warning signs for corporate America - The Washington Post https://t.co/BqGdQpT2gg
New Boeing airplane chief says company faces 'pivotal moment' https://t.co/XCrEyNW0su
"‘Shortcuts Everywhere’: How Boeing Favored Speed Over Quality. Problems have plagued the manufacturer even after two fatal crashes, and many current and former employees blame its focus on making planes more quickly." A remarkable story from @nytimes. https://t.co/QXDMbWo82K
Boeing Prioritizing Speed Over Quality is Responsible For String of Safety Incidents, Report Finds https://t.co/t5fgrQq7Wm
Would Boeing murder a whistleblower? Before this month I'd have said it depends. I didn't think Boeing would kill a middle manager who never worked on the 737 Max & left in 2017. What surprised me was how many more informed observers felt Boeing...might https://t.co/eiBwfg3C8N
Interviews with more than two dozen current and former Boeing employees reveal longstanding concerns about quality, particularly as pressure increased to keep production going in the company’s factories. Here are some takeaways. https://t.co/kgnJt7bt3F
Problems have plagued Boeing even after two fatal crashes in 2018 and 2019, and many current and former employees blame the manufacturer's focus on making planes more quickly. https://t.co/r4osETr32U https://t.co/iWpLhbdp3x
“we prioritized the movement of the airplane through the factory over getting it done right, and that’s got to change,” Brian West, the company’s chief financial officer, said at an investor conference last week. Cool when does Brian report to jail https://t.co/VwMYcTR5qZ
'#Shortcuts Everywhere': How #Boeing favored #speed over #quality https://t.co/Jp3654YEh3
Boeing’s "capital-light" strategy sent its stock soaring more than 1,000% over 20 years. But it contained dangerous flaws that are only now coming into view. In the latest issue of Fortune Magazine, senior reporter Shawn Tully traces the three decades of strategic missteps that… https://t.co/xoHczJJC40
Boeing has ‘serious work ahead’ after Alaska Airlines mess: top exec https://t.co/uL08GbK6QN https://t.co/wffXrxj5Ir
Problems have plagued Boeing even after two fatal crashes, and many current and former employees blame its focus on making planes more quickly. https://t.co/IPNw0Sc7gP
#LeadStoryOnET | #Boeing 's woes: What went wrong at a company long considered to be at the pinnacle of #US #engineering? https://t.co/Jp3654YEh3
⚠️ NEW PLANEMAKER CHIEF SAYS BOEING FACES 'PIVOTAL MOMENT' Full Story → https://t.co/nGVsYqcQh3 The new head of Boeing's troubled commercial airplane unit said the U.S. planemaker faces a "pivotal moment" as it works to boost quality and address significant concerns from… https://t.co/T3dbonSj9o
NYT drops a brutal piece on $BA “.. a worrying picture about a company long considered to be at the pinnacle of American engineering.” @nytimes @melbournecoal https://t.co/tB5R3XhkGW https://t.co/SWO7pbvuvB
Boeing's board needs some radical changes. What about adding a union representative? @bethkowitt asks https://t.co/mpjmhrx2uK via @opinion
✈️ Boeing’s new fixer is no engineer – and the industry is worried https://t.co/V9sbS5nodj
"It's very important to us that we build a safe, quality airplane." Boeing's largest union is in contract talks for the first time in more than a decade. Beyond pay and retirement benefits, they want a real say in quality and safety standards. https://t.co/evno7V32gU
EMIRATES CEO: Boeing "needs a strong engineering lead as its head coupled to a governance model which prioritises safety and quality. .. Some serious lateral thinking” is needed. @FT $BA https://t.co/PnzKTesE3e
Boeing's board needs some radical changes. What about adding a union representative? @bethkowitt asks https://t.co/Ufzoz1pmnR
Boeing Stock Is Still a Buy for Wall Street. A Lot Has to Go Right. https://t.co/hnceGCy05D
Ryanair boss says Boeing’s Stephanie Pope needed in production, not CEO role https://t.co/425SNsFKw4
Ryanair boss says Boeing's Pope needed in production, not CEO role https://t.co/HS8tBNilnb https://t.co/V2LfzVr8ut
⚠️ RYANAIR BOSS SAYS BOEING'S POPE NEEDED IN PRODUCTION, NOT CEO ROLE Full Story → https://t.co/jB6Tnzxoi3 Ryanair CEO Michael O'Leary said he wants Boeing's new head of commercial airplanes division Stephanie Pope to stay in the role to fix production problems rather than be… https://t.co/6sFWOKnegv
⚠️ IMPORTANT TO HAVE STABLE RELATIONS WITH SPIRIT, AIRBUS CFO SAYS Full Story → https://t.co/htTe1zlnd4 Airbus, Chief Financial Officer Thomas Toepfer stressed the importance of a stable relationship with supplier Spirit AeroSystems, in a newspaper interview published on… https://t.co/O4pvcO02qo
How #Boeing's leadership was 'fired' by its own customers https://t.co/Y4snjbaF3E https://t.co/MZVyDhdUQ5
A revolt by U.S. airline bosses helped topple Boeing's top leadership this week, capping weeks of pressure after the freakish Jan. 5 blowout of a door plug on an Alaska Airlines passenger jet. https://t.co/pGxHn9S4sG
Who can fix Boeing? Here are some potential CEO candidates https://t.co/rrx1YbzWyt
How Boeing's crisis unfolds during the rest of 2024 will have giant implications for an iconic American company, the wider airline industry, and the US economy. Here is a closer look at the five big threats it faces now: https://t.co/n8aJYXp0wj