Boeing HQ
Today’s key stories about Boeing revolve around the impacts that Boeing delays are having on industry participants. Â Other stories focus on the search for a new CEO, and Boeing’s credit rating falling to near junk level. Â In addition, it was revealed that the Alaska Airlines computer outage last week was related to an airline (non-Boeing) software glitch that incorrectly computed weight and balance, resulting in two tail strikes before operations were halted for a morning.
Links to today’s key stories follow:
- Report: Two Alaska Airlines Boeing 737 tail strikes caused by a software glitch –Â AirLive
- Boeing’s CEO search hits a roadblock – Fortune
- As more Boeing whistleblowers go public, FAA AIR21 is weak – Forbes
- Student protests have Washington U in hot seat over its ties to Boeing – Riverfront Times
- Boeing credit outlook gets gloomier as Fitch also turns negative – BNN Bloomberg
- American Airlines changes transatlantic flights amid new 787 delivery delays – Aviation A2Z
- Southwest to exit four airports, facing financial weakness and Boeing problems – WSJ
- Southwest Airlines is in trouble –Â Newsweek
- Southwest and Boeing: The cost of loyalty – AirInsight
- Boeing must improve safety and quality control before increasing 737 MAX production: Buttigieg – NTD
Other interesting stories focused on student protests over Boeing being a defense contractor for Israel over the conflict in Palestine, and how regulatory support for whistleblowers has fallen short.
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Boeing’s problems are catching up with the company, with the root cause traceable to managing to shareholder value. Â Please see our story today regarding why Boeing’s new CEO needs to be an outsider, rather than someone steeped in the Boeing culture. Â A change agent is needed, and Dave Calhoun’s preference for an internal candidate is misguided. Â Calhoun has been a part of the problem for a decade and a half, as a Board member and later CEO, and is a believer in managing to shareholder value. Â That is the cultural trait that needs to be fully excised at Boeing, something an insider would have a difficult time accomplishing.
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