Boeing seems to be focused on profits rather than safety, says Dartmouth professor Paul Argenti

Paul Argenti, professor of corporate communication at Dartmouth’s Tuck School of Business, joins 'Squawk Box' to discuss the latest developments in the 737 Max incident, what it means for Boeing as a company, how CEO Dave Calhoun can weather the current challenge, and more.

[@lani6647]

Can we just have a rule: No accountants can become CEOs at core engineering companies?

[@MrBiggles]

Or airlines…

[@user-hf2dr7sh4y]

I think they have made drastic changes in the attempt to accelerate in the opposite direction. The people in charge of these companies keep eyeing a turnaround for their deep shortcomings piled up over the past decade if not longer, and saying we can pedal to metal and turn things around in 2-5 years. Meanwhile, they spend all cash on hand on stock buybacks and shareholder stock prices so they can play their financing game. That's the short-term horizon game they may be seeing financial success, despite their inspection failures. In the end, they should really be focused in the 5-10 year horizon such that after that timespan, not only is Boeing slowly but steadily back on top with a sure growth future for itself, but is no longer this giant company that thinks it can just hurry something like an airplane out to the airport.

[@TheJosephoenix]

It has nothing to do with that... ceo's, regardless of their backgrounds have to make X per year (% or $) or lose their jobs.... if it was you... you'd do the same.

[@absolutmo]

MBAs are useless overpriced clowns that have limited knowledge, they are far worse than accountants. They can save their elevator speech and learn engineering.

[@aksnch]

Nope. We're 100% crony capitalism now 😂 Making money is all that matters, rven if it means killing customers 😂😂

[@ge2623]

A large corporation putting profits above safety? What a revelation!

[@mitchellmeyer293]

😂🤣😂🤣 Yeah who would of thought that huh

[@jameskruse537]

I remember a comment from the previous president of Boeing who (paraphrased) said that he was proud to have taken Boeing from being an engineering company to a profit making company. That is never a good thing if you are building aircraft.

[@marquamfurniture]

How are those "profits" working out for ya?

[@mmeeddddddozzzzzzz3421]

“When people say I changed the culture of Boeing, that was the intent, so it’s run like a business rather than a great engineering firm.” -Harry Stonecipher, former CEO of Boeing, largely credited with infecting the company with the disease of profits over safety.

[@jameskruse537]

Thank you for the full quote. @@mmeeddddddozzzzzzz3421

[@mikepydev9275]

Engineers should be in charge. Not accountants. We had the same issue in the company I used to work for when a larger company bought ours and their accountants started calling the shots. Everything related to engineering expenses were questioned and cut or denied.

[@aposteriori421]

Maybe your old company was bloat

[@lydian.773]

Boeing ignored and retaliated against employees who were concerned about safety. They simply need to not be allowed to ignore safety issues. But they do all the time. My dad was one of those old engineers for 36 years who saw the frustrating changes in management . It’s a miracle more accidents haven’t happened. A lot of those old engineers are saying, “Told you so.” This is an ethics and integrity problem.

[@tjking1909]

But isn’t that the American business model since Ronald Reagan?

[@lydian.773]

@@tjking1909 Yes.

[@blose4793]

It means the safety culture of Boeing has changed.

[@MrEricmopar]

It's time the U.S. manned up like in the EU and started to criminally convict these managers for criminal negligence, covering up etc etc

[@oldmansailor]

Boeing's own internal policy causes assembly quality problems. When measured, first pass yield sometimes hovers around 70%. This measure of proper assembly is devastating when below 96%, when the data was pointed out, upper management attacked their own data and the people that exposed it to them at meetings. After that a campaign from QA management, a very powerful organization, began slowly removing anyone, including senior leadership, that tried to make changes in the production system. Closing areas and selling paperwork became a tool to move the aircraft to the next area. Workers not familiar with the jobs in other areas were required to do the work, sometimes in less than ideal conditions on the flight line. QA not familiar with the jobs then had to buy off the work. Profit's over quality is the driver... just like the airline that did not investigate the pressure problem cycled on three different days in order to not take the aircraft out of service. Really, they just restricted the aircraft from flying over water? how lame.

[@IsleOfFeldspar]

Quality leads to trust which leads to massive success. Just ask Toyota.

[@Buran01]

The problem was: Boeing used to craft good aircraft, but lose defense contracts, whereas McDonel Douglas used to make mediocre aircrafts, but had success in military contracts. When Boeing took the decission to buy a decliving McDonel, did use their stocks instead of cash, so the leaders at McDonel Douglas became the the main Boeing actionist. And since then their motto has been "profits and shares over safety".

[@andysPARK]

Wth!!!??

[@ryanshannon6963]

@@Buran01 Boeing: "M.O.B.! - Ja Rule"

[@MickeyMouse-zu2yk]

Boeing has become the GM / Ford / Chrysler of the aircraft industry

[@Sabundy]

this is how all American companies eventually end up.

[@laurat1129]

No, worse. At least GM is run by an actual automotive engineer. More like Boeing is the Hyundai/Kia of the skies.

[@philhenderson3516]

@@laurat1129 Excuse me? Hyundai/Kia have been doing great things as of late and many of their products exceed their counterparts when it comes to assembly quality and reliability. They've brought German designers and engineers into the team and have achieved wonders in many areas. If you're truly into automotive stuff, you should know this is no secret. Sure, they've had serious issues with their Theta 4 cylinder engines catching fire and such, but so has Toyota with the runaway cars, hybrid vehicle fires, and randomly deployed airbags. I'd use Nissan instead as an example akin to Boeing, where corporate greed has brought the entire company down and near the verge of extinction.

[@mmeeddddddozzzzzzz3421]

No- bad analogy. There's at least 3 American Auto Companies, and a few German, Japanese and Korean companies, as well as a French one or two. The problem with Boeing is that there are only TWO. It's just Boeing and Airbus that make large planes able to cross the Pacific and the Atlantic. All the others got taken over by Boeing and Airbus. If you order a plane from Airbus, you have to wait until 2030. That's a nutty thing-having only two choices. And he's right. This. Has. To. Be. Correct. Every Single. Time!!

[@tomasgomez7083]

Joe, Boeing never cleared the decks. It's all the same people. I was there until 3 years ago. And they just brought in a CFO as COO, not an engineer.

[@meindepp1938]

If Boing would have to comply to the same safety standards like Airbus, the MAX would have never been certified ! But Boing got too many exemptions ! And Boing would not be competitive anymore as well!

[@OhNoNotAgain42]

Also Boeing

[@HuckThis1971]

They should have taken the C- Series when it was offered to them.

[@johnbill739]

It's clear to everyone that the culture is profit over safety.

[@nickolliver3021]

like all companies

[@aternias]

totally agree with Paul, we need an engineer at the helm again.

[@ApriliaRacer14]

The world would be so much better off with engineers at the helm of government and many organizations. Where performance and metrics are driving forces.

[@kathieharine5982]

Move HQ back to Washington. Replace leadership with engineers. Stop Wall Sreet BS like stock buybacks. Forget stock price.

[@nonconsensualopinion]

Ding ding ding! Build awesome, high quality products and the money will come naturally. Then fire anybody who complains that the profit isn't increasing year over year because that's the first sign that the budget is driving the product engineering.

[@zacksmith5963]

List of Countries the US has Bombed Since the End c WWII (may be incomplete) Korea and China 1950-53 (Korean War) Guatemala 1954, 1960 Indonesia 1958 Cuba 1959-61 Vietnam 1961-73 Laos 1964-73 Belgian Congo 1964 Dominican Republic 1965--66 Peru 1965 Guatemala 1967-1969 Cambodia 1969-1970 Nicaragua 198OS El Salvador 1980s Lebanon 1982-84 Grenada 1983 Lebanon 1983, J 1984 (Lebanese, Syrian targets) Iran 1987 Panama 1989 Iraq 1991 (First Gulf War); 1991- 2003 (US/UK "NO Fly Zone") Kuwait 1991 Somalia 1992--94; 2007 Bosnia 1994-1995 Iran 1997 Sudan 1998 Afghanistan 1998 Yugoslavia 1999 Afghanistan 2001--ongoing Iraq 2003 (Second War--more recently predator drones) Yemen 2002, 2009 Libya 1986, 2011

[@zacksmith5963]

@@nonconsensualopinion 😅😅😅 first learn to build yourself lost

[@willypedernales4213]

Engineers are the only ones qualified to manage Engineering companies like Boeing. Once you remove Engineers from the picture, things start going down.... #Respect for the Engineers!

[@willberry6434]

Unreal how Calhoun still has a job

[@Williamb612]

Not only a job…but he made 22.5 million in 2023. At some point bravado and being a good salesman has to be exposed as just that…this guy is incompetent no matter what he or his board which is in his pocket says…kind of like Eiger at Disney

[@Robert-vw3od]

It’s hard to have any sympathy. look at what they tried to do to bombardier that has backfired spectacularly the a220 is a fantastic aircraft, a great success with no problems, and this Latest problem which is fixable, tells people that they are still acting in the same manner, rushing out aircraft which have not been properly finished and inspected. the way they are carrying on embrarer will have to buy Boeing to save them.

[@nancychace8619]

Or the Saudis or Chinese?

[@BlacqueJacqueShellacque_]

Being profitable is mandatory for a successful business. Not getting sued into the stone age has to be taken into account as part of being profitable. Saving $5 on a bolt is great, but not if the bolt breaks and then you get sued for $10 million. I'm not great at math, but that is not profitable.

[@eamonreidy9534]

But we live in a short term world. Any of those managers just need to be able to justify short term savings to get their bonus payments and so they can write nice resumes for their next job. This capitalist system isn't always long term thinking

[@tra757200]

"Seems"???? You must not have been watching since the MD management took over at Boeing. Boeing was an engineering and quality first. MD was all about profits. Who was more successful prior to the merger?

[@user-tt6il2up4o]

Boeing are the best advertisement for AIRBUS. The problem is US Corporate culture where CEOs get paid crazy salad prices for crap performance, mostly they are only interested in stock option prices. Boeing has spent more money on stock buy backs to manipulate the share price than on R&D. Boeing need to be banned outside of the USA, we don’t want Boeing planes in the EU. US made now is any word for crap quality.

[@wwsoapbox6921]

Moving HQ to Chicago was the start of the downfall, moving to DC is making it worse. BA needs to go back to Seattle and make quality planes. Chasing $$$$ and political power is no way to fly.

[@marquamfurniture]

Boeing is a national embarrassment.

[@philipslighting8240]

Move to Britain we have the best Engineers.

[@marquamfurniture]

@@philipslighting8240 The problem is NOT with American engineers.... It's with corporate greed. Boeing deserves to fail. Until the rot is flushed out, it will continue to do so. Current CEO Calhoun is part of the problem. Lots of lip service. No change in corporate culture.

[@cabanford]

No different than the entire US. Profits are God.

[@stewartsmith1947]

yep, look what Big Pharma did !

[@Thisandthat8908]

But it's some bolts... it's not a super complicated computer system or something. You don't need an engineer as CEO to tighten bolts.

[@Greatdome99]

2:25: Boeing needs a leader not connected to the past? YES IT DOES! It needs a leader who has come up thru the ranks (in Seattle, not St. Louis) who knows how airplanes work. All these MBAs are not The Right Stuff.

[@XWXW-lk4jf]

I've heard that yes, Spirit does manufacture the plug but they do not handle the final assembly. Once Boeing receives they ultimately install everything which involves removing the plug and reinstalling it upon final assembly. If this fellow Calhoun is indeed a Jack Welch disciple then there will be an inherent tendency to prioritize profits above all and to maximize efficiences at all costs. In the aerospace industry, in my opinion, they should only start looking at efficiencies once they have established a well organized and error free manufacturing process. If efficiences are being prioritized despite the fact that Boeing and its subcontractors are not on the same page, then we as the flying public ought to consider becoming the driving public for the forseeable future. Jack Welch was a cost cutting machine, and I don't know if you can safely operate that way in this type of industry.

[@user-fu8vn7xo6c]

The corporate climate at Boeing needs to change to rebalance competence & profits. This issue is the ultimately the fault of management. They need to return to the historical competence that Boeing had. The engineers need to have more say than the MBAs.

[@NealIRC]

For years, I tried to be a janitor there. Never could find out how.

[@bighoss7437]

I would imagine they would contract out the janitorial work. You have to find the company that holds the contract and apply to work there.

[@NealIRC]

@@bighoss7437 yup, and that's hard to get that information.

[@untouchable360x]

This is the reason why Musk doesn't want SpaceX to be public. Instead of focusing on the long-term vision of Mars, it will be focused on short-term profits.

[@jeffswingdancer8302]

The is also an ongoing government failure. The crashes of the Max 8's revealed how Boeing had captured the regulator. An organization being driven by finance people took over quality control. What has the FAA been doing to be sure adequate quality assurance is taking place? Quality control and quality assurance are different but similar things. Someone needs to be watching to ensure that procedures and quality control is being done correctly. In engineering you don't just hand over quality control, wash your hands, and say "nothing for me to do here."

[@odiewan67]

After the MCAS fiasco, i think all they focused on was not getting caught compromising safety.

[@aikotoba99]

This may seem unrelated but I want to put this out there. It's been brought up before but not enough attention has been given to it. I think the mad rush to produce quarterly earnings is partly to blame. There is an unreasonable fixation on them but not enough focus on how a company is operating. Twice a year reporting is enough. Let people focus on running the company well and the profits will come and consumers will also be better served.

[@JamesMcGillis]

The probable missing bolts were hidden behind a trim panel with no alarm mechanism installed. Short of tearing apart every recent Boeing airplane, how will we know if other hidden safety issues may exist?

[@ThomasMealerJr]

It looks like, if the plug was made to fall down in the roller slots instead of falling up, it still wouldn't have been a problem.

[@kinikinrd]

Whoever takes over needs to stop production immediatly, right now, and check every one of the new fuselages on the train cars for proper assembly. That will narrow down the immediate sources of the problems to either Spirit or Washington. Those units were built and shipped before any of the current problems appeared. If there are no defects, Spirit is good. if there are, you know where to start.

[@johankarlsson1866]

My old boss once told me long ago, "You should never think of aircraft maintenance as a business" Maybe its time to go back to this thinking for Boeing aswell, I will never set my feet on a 737 Max / Aircraft Engineer.

[@nickolliver3021]

Then dont ever set you foot on any aircraft/aicraft engineer. aviation is a no go

[@johankarlsson1866]

Why ? Are you really defending 737 max compared to other aircrafts manufactured in the same era?@@nickolliver3021

[@The2wanderers]

When a company chases profits over safety, it needs to also cost them their profits. Airlines need to en masse cancel their orders and sue for compensation.

[@Benglator1]

All businesses are more focused on profits then anything else. It is not just a Boeing thing. It is even more of the focus if a company is traded publicly as the investors become more important then the company owner, the product or even the employees. So when investigators go through the steps of investigating it may also help to try and get congress to take some of the power away from those who invest. Many companies cut corners just to make sure investors are happy. Yet investors who can drive a company to cut corners(or else you are removed as owners or CEO so they can appoint someone to make them money) are never held accountable for what they do.

[@adamdude]

"seems to" is the understatement of the century.

[@matthightower1570]

A corporation put profits above the safety of its customers?!? Riiiiight. Next you'll be telling me that corporations would put profits over their own workers' safety. 🙄

[@Retr0racin]

The manufacturing culture changed there over the last twenty years, when they merged with McD and paid Toyota Senseis to come and and teach us how to build Airplanes like they build Toyotas. I retired from the 737 line four years ago the first day I was eligible.

[@nonconsensualopinion]

Well the Toyota part isn't bad. The quality and attention do detail must be there. Now, if they also want to make the assembly more efficient like Toyota, then that is fine provided the quality is not compromised. The problem here is using company profit as the measuring stick for all success.

[@Retr0racin]

@@nonconsensualopinion Sorry but the whole Toyota thing was a debacle to the traditional way of manufacturing aircraft that Boeing had been doing for decades.

[@eivindkvinge6564]

Engineer as ceo is a good start. Also move HQ close to production, and merge spirit back into boeing.

[@danielhenderson7050]

How do you prevent this when management incentives are to cut corners to meet deadlines so they can pad their own paychecks?

[@timothy4772]

Management won't stop until every single one of them have their own in ground swimming pool.

[@jocelynharris-fx8ho]

Boeing seems to have forgotten when they were the industry standard. The days of watching a Boeing jet soar through the skies and feeling a sense of pride, are over.😮. The first major misstep, was merging with McDonnell Douglas; the builder of the original cursed jet, the DC-10☠️. I don't know what they were thinking but until they rectify that mistake, they will go down in the same ash heap. I had always been a devoted fan of Boeing but this is NOT the same company that built the iconic 727, 747, 757,767 and Triple 7. The name Boeing may still be on the building but the quality and excellence left a long time ago.🥺😞 A sad goodbye to another great American company. They seem bent on self destruction.😮

[@mrSWEETlfs]

You don't need to be a professor at Dartmouth to arrive at that conclusion!

[@FeRnAnDo1538]

Exactly! Finance and Safety are keywords in aviation just like Ryanair does: they doesn’t focus in passengers confort BUT no even one of their aircrafts has crashed. Now, they must be very upset with the ACME company because the 737 Max are insecure airplanes.

[@tiffsaver]

You didn't have to be Nostradamus to see this one coming... After the second 737 Max went down with all hands, I predicted a third major mishap, but they actually got LUCKY with this one, as no souls were lost. It could have so easily been far worse. At this juncture, heads should roll, not only at Boeing, but at the company that built these defective doors, ones that their own engineers deemed unsafe for use. In fact, the paper trail of abuses by these same corporate heads is so extensive and damning that many of the top executives from BOTH companies should be in prison for criminal negligence. This said, should one more plane go down because of these same unresolved issues, you can kiss Boeing goodbye forever, and I don't care how "big" they are, they will certainly be replaced by Airbus.

[@Sabundy]

Only two companies? Apparantly this guy gas never heard of COMAC who just delivered 30 planes to Indonesia. Boeing could not be doing this at a worse time. Just as a new third player is emerging and will almost certainly break the decades old duopoly that Boeing and Airbus have had.

[@marquamfurniture]

Calhoun thinks PR spin fixes everything. "We're committed to quality and passenger's safety..." blah, blah, blah. Meaningless PR jargon.

[@randbarrett8706]

The business was under pressure from declining rate of profit and they responded in accord with their sense of fiduciary responsibility.

[@nonconsensualopinion]

I worked at a restaurant like this. They had really good food. The economy was starting to suffer. As profits sunk as we received fewer customers, the quality was decreased. It became mediocre food and we lost the remaining customers in weeks. Never sacrifice quality to try and recover profits. This is especially true when reduced quality can lead to deaths.

[@nickxidis9571]

You’re right to be critical of Boeing but, where is the FAA in all of this? The FAA is supposed to have regulatory and oversight responsibilities here.

[@indian2003]

That hero should be hired from Comac.

[@stewartsmith1947]

Safety is everybody's business .

[@willys2747]

That’s the problem with MBAs. They apply their knowledge for artificially bumping up profits on paper in the short term. But it’s not sustainable. Now, they can’t get off the tiger after they got on.

[@NYN_000]

If it's Boeing, I am not going!

[@redpillinsights7747]

The thing is that even if the bolts were loose, the mechanism should not have allowed for the door to be released. Especially because this was a Plug door that would have been adjusted before being put in service. The design should not allow the door to release period. It’s a poor design of that release mechanism period full stop’

[@cdewey5115]

Better out of business for cutting corners vs loss of many lives!

[@schao7555]

They will eventually after all these airlines will start buying Airbus planes instead of Boeing planes,.

[@mannyd.9443]

FINALLY!!!! someone with common sense. Hire an engineer who understands the business of making safer aircrafts not a profits hungary CEO who doesn't care how they're made. Simple make safer planes and profits will follow.

[@duanebidoux6087]

If I were going to look for talent to turn it around, I think I'd be sneeking around the halls of upper Airbus management with my business card. They're not perfect, but they have certainly navigated the recent decade better than Boeing. And get some fricking engineers with the power to say "no" and not fear retribution.

[@Nomorewoke0k]

As an OCD sufferer his shelving gave me great anxiety.

[@blueingreen1717]

Typical American corporate culture. More & more companies are falling victim to this nonsensical and dysfunctional corporate mindset of profit profit profit driving all decisions. They are under pressure, often from shareholders, to show an unrealistic and unsustainable rate of profit growth from one year to the next. They feel that they have to do that by cutting costs, and increasing pressure on workers to build faster & faster. One of their former workers mentioned that they have cut back on quality control checks...presumably to speed up the production and delivery of planes. That is absolutely insane. There is pressure on the subcontractors to speed things up. The whole mindset is idiotic. Someone needs to take over and restore a safety culture and ensure quality. It is far cheaper to invest time and money on the front end to establish a safety culture, conduct more quality control checks, and increase supervision, than it is dealing with settling lawsuits, potentially (or actually) losing major deals, incurring reputational damage, having customers deal with grounded planes, and potentially facing fines on the back end. The latter is several times worse. What is so hard about taking an extra 4, 5 or 6 days or even an extra week or two to double check the work and to make sure things are done right the first time...and then do adequate test flights before delivering a plane? There are other ways to actually cut the time without sacrificing quality and safety. Will it cost little more? Yes....but it's small in comparison to what this is costing them. You can adjust shifts...add a few shifts here or there to gain some time back....adjust the contracts to allow more flexibility on the delivery time (grace periods, etc). If a plane is late...there are ways to keep the customer happy (discount on a future deal, etc). The number one priority should be delivering a safe product. Not only should they restore quality control checks...but those checks should be done by a third party...perhaps hired by the FAA. There should also be more regulations. They should consult with the FAA on decisions that have safety implications. Some of the decisions they have made have been really insane. Quality control and testing (as you build) should be required...and they should have to complete and preserve paperwork showing that they did the work. The documents should be considered official government documents and should be preserved for a minimum of 10 or 15 years (or for the service life of the aircraft). Most airlines would rather deal with a plane that is 1, 2, or 3 weeks late from the manufacturer than to deal with parts of its fleet being grounded. An extra week or two to double check work to ensure a safe product is a much better situation than this.

[@safetynudge9026]

This has happened before, during the Max crashes scandal and there were Congressional hearings. It just keeps going back to the same old situation. The Stock Prices plummet, big wigs are unhappy and things quietly go back to earlier circumstances. Bottom line there is no accountability. Too Big to fail, is it ? Put them all in one big Max planes, instead of private jets.

[@andysPARK]

Agreed. Old boeing was lead by engineer experienced management. No longer.

[@christopherstimpson6540]

They obviously didn't have an inspector when the planes were built and it's too late to take them all apart now.

[@Arafury57]

When did CNBC ever care about facts?

[@sterlingfury]

Geee, a corporation that is focused on profits and not people ????? Unbelievable...how could this be ????

[@Jonathan-un7uq]

Bring on competition... We need high speed rail

[@tammyterrell1641]

The airline industry should sue you! You will be held accountable for these bad decisions!

[@bighoss7437]

Fire him! This is top down incompetence that has leaked onto the production floor.

[@paulavery366]

His assessment is unreasonable. Building a plane involves the work of thousands of engineers, designers, manufacturers, subcontractors and assembly workers - the CEO cannot be responsible for a weakness designed in by an earlier generation.

[@GH-oi2jf]

Calhoun should be under pressure. He is only margianally better than Muilenburg. He was on the board at the time of the MAX crashes, and he backed Muilenburg until it became untenable. The board is now somewhat different than it was then. I would like to see the board take control of the situation, and do what is necessary to fix the company. Dumping Calhoun and the President of the Commercial Division should be on the table.

[@oceanle]

These MAX planes were part of the nearly 400 death from the MCAS system failure let’s not forget.

[@TkbStl]

Hearing the words too big to fail. Just tells me this will never stop. They need to fail be sold to a company that will take safety First !boeing is ridiculous 😢

[@gijbuis]

How many B737 max 9s have been found with loose bolts? Where is the transparency? Why is this still being hidden from the public?

[@Allin7days]

The funny part is that it actually doesn't help in mid to long run. Many million dollars can be made at the cost of billions... Just ask VW.

[@jbar_85]

What was that comment about turning off de-icing? 👀

[@lienlienchan]

I agreed with the professor . Boeing should have gotten rid of Calhoun long time ago. He has not improved anything for the company, but continued to build defect airplanes for many years. Untied airline owes 79 planes from Calhoun , passengers are at risk. There will be another catastrophe if Untied Airline is not acting prudence with those planes.

[@jamesc.2907]

Bring in someone from Airbus. Im not even kidding. This is it

[@twany442]

Why fix it when you can blame it on the pilot, crew, suppliers, and maintenance. The problem is they don't care enough to put out a product without high returns. They push them through from the top to the bottom. Meaning I don't care, push them out the door as fast as you can.

[@ewaetnak]

Exactly - engineers need to have an upper hand, not the bean counters 😢

[@java4653]

CNBC promotes this Jack Welch Commerce.

[@tjking1909]

Profit over safety.

[@artkoch9066]

First Plug the Door ?on all Max-9 ?

[@makiwa]

Personally, I would feel safer on a 747 than a new 737.... In fact as a "nervous" passenger I would feel loathe to get on any Boeing Aircraft right now! Even before now if I do have to fly I choose an airline that flies Airbus Aircraft.... Especially the new ones!

[@mipmipmipmipmip]

Boeing management hopes/knows attention span will move on and until the next MAX part falls down their employment is secure.

[@nervechews6781]

Air travel has become way too commoditized, and safety has commensurately been way too taken for granted. There will be some kind of adjustment, absent some massive technological breakthrough.

[@murrethmedia]

They've been like this since they merged with McDonnell Douglas.

[@vaidyasethuraman452]

"safety and profits, you need to do both"- sorry prof; safety is ahead of profits; profits will come if you do things safely and your plane is safe.

[@PAVANZYL]

Division, Exclusion and Incompetence beginning to pay dividends!

[@ngroy8636]

Move the headquarter back to Seattle where the engineers are

[@MrCubflyer]

This guy is exactly correct Boeing needs to get rid of all the current suppliers and Leadership start making great aircraft again ,It would be a whole hell of a lot more profitable a safe if they could get back to pre McDonnell Douglas Boeing that's when things started going down hill fast. I personally wont be getting on any MAX aircraft if I see them IM taking another airline.

[@markblain8438]

It’s material handling and control and it’s lost at Boeing from source to installation

[@rickyay26]

What you ppl need to understand is that’s what every American company does. Profit over all else.

[@schao7555]

Boeing just Made Airbus Much happier after all this.

[@schao7555]

@@kamaruddin9172 Airbus is it's Own, Airbus doesn't need Boeing, Airbus is doing just Fine.

[@RobertojavierSilvaharth-ub3pz]

"This (Boing) really is too big to fail", prepping the ground for another subsidy...? If it is a Boing, Boing, Boing; I ain't going!!!

[@tedstriker6743]

Total cleaning house needs to be done at Boeing! Absolutely disgraceful, corporate greed at the highest level. Stop focusing on stock price, focus on the product!

[@steveburke7675]

The bean counter CEO needs to be replaced by an engineer CEO...as quickly as possible.

[@Anon1mous]

Screw safety. How’s their DEI program going?

[@amd3449]

This world is Fuckup Boeing…so Sad. Families travelling ,Humans travelling everyday!. Profit,Profit.

[@ohmygawd7683]

Anyone who thinks there will never be an incident if there is an engineer at the top is wrong. These are machines, people. Something can always go wrong. And all this blather from CNBC. You only stir the pot with all these negative figures who "don't know either" who should run the company. Also the chatter about profits, a successful company just makes a profit. That has nothing to do with subordinating quality.

[@unggrabb]

Perhaps Nikki Haley, board member can explain this stuff

[@phdinparadise6132]

This company have a broken culture. The netflix documentary convinced me to try to never fly with those planes. Seems like nothing has changed there.

[@raymondjrbigras102]

Hire the Airbus CEO !

[@grayisgood]

So they're like every other company in existence?