Boeing HQ
The press continued to be highly critical of Boeing, with key stories focusing on Dave Calhoun’s pay package, whistleblowers, and two articles that question whether a new CEO can save Boeing or whether it will be able to recover. The introduction of doubt about a Boeing recovery is new in the general press, albeit something we and others have warned about for several years. Â
Stories this week also focus on the implications of the crisis on the industry and why the 737 MAX has been so problematic. Perhaps the most disturbing story is a survey indicating that passengers are willing to pay higher fares to avoid Boeing airplanes. This is something that a few years ago would never have been thought possible.
- Boeing CEO that has presided over massive failures awarded $32 million pay package before he departs – Daily Caller
- Boeing’s long fall, and how it might recover – The Seattle Times
- Boeing’s new widebody 777X to land at Ahmedabad airport – Aviation A2Z
- Can a new CEO save Boeing? – The Motley Fool
- Why the Boeing 737 MAX has been so problematic – CNBC
- Boeing crisis could slow airline growth for years – Forbes
- Whistleblowers, an executive shakeup, and the future of Boeing – WBUR
- Boeing’s safety concerns and the ripple effects on the airline sector- The World of Aviation
- Americans will pay more to avoid Boeing – Newsweek
- An engine part fell off a Southwest plane – Quartz
- Boeing’s long fall and how it might recover- Seattle Times
The Bottom Line
Stories on Boeing continue to run negative, with every problem with a Boeing highlighted, whether it is a Boeing issue or a maintenance issue for the airlines. The most recent, a Southwest 737NG that lost a piece of the engine nacelle, is a maintenance issue on one of Boeing’s safest airplanes.
Boeing’s long fall has finally hit bottom, and the story of how it might (italic ours) recover brings the author’s doubt about that recovery into focus.
