A bad year for Boeing.

[Mik]

@jon-nyc said in A bad year for Boeing.:

The problem is they’re everywhere. It seems every other week I’m on a 737

That or an Airbus 32x model.

[Copper]

@George-K said in A bad year for Boeing.:

Be seeing you...

He won't talk so good now.

[George K]

[George K]

Is this happening more frequently, or is it just being reported more frequently.

[kluurs]

[Axtremus]

Bad year for Boeing, GREAT year for Boeing’s CEO!

https://www.cnn.com/2024/05/17/investing/boeing-shareholders-vote-to-approve-usd33-million-ceo-pay-package/index.html

Shareholders of embattled airplane maker Boeing approved a pay package of nearly $33 million for outgoing CEO Dave Calhoun at the company’s annual general meeting on Friday.
.
That’s the highest package ever paid to the company’s CEO and a 45% increase from the $22.6 million he received for 2022. The vast majority of the bump comes from a giant stock bonus granted on top of his more-than-a-million-dollar salary.
…

[taiwan_girl]

@Axtremus said in A bad year for Boeing.:

Bad year for Boeing, GREAT year for Boeing’s CEO!

https://www.cnn.com/2024/05/17/investing/boeing-shareholders-vote-to-approve-usd33-million-ceo-pay-package/index.html

Shareholders of embattled airplane maker Boeing approved a pay package of nearly $33 million for outgoing CEO Dave Calhoun at the company’s annual general meeting on Friday.
.
That’s the highest package ever paid to the company’s CEO and a 45% increase from the $22.6 million he received for 2022. The vast majority of the bump comes from a giant stock bonus granted on top of his more-than-a-million-dollar salary.
…

I wonder what the vote % was like in favor vs. against.

[George K]

https://edition.cnn.com/2024/07/03/business/former-boeing-inspector-scrap-parts-assembly-lines/index.html

[Mik]

Maybe things are looking up.

https://www.msn.com/en-us/money/news/boeing-s-new-ceo-is-already-making-an-overdue-change-his-first-day-on-the-job/ar-AA1orZzb?ocid=msedgntp&pc=LCTS&cvid=8ea7ffb22b124f27a6a7ff96f4574644&ei=37

[Jolly]

Profits at all costs ruin a company.

[Mik]

Yes. It is difficult to understand how that could possibly happen with an aircraft company. Some things are a sacred trust.

[Jolly]

Bean-counters.

[Mik]

The least human of humans.

[Jolly]

No, that would be actuaries...

[taiwan_girl]

I remember hearing that public companies have three people to answer to

customers
employees
shareholders

If you focus to much on one of the three (and there is the appearance that focus on shareholders has gotten too much in recent history), overall and long term, it is not good for the company.

[George K]

[Jolly]

Ruh-roh...

[Copper]

One guy misplaces a couple bolts.

[Mik]

And the beat goes on..

https://www.msn.com/en-us/news/technology/boeing-s-bad-year-just-keeps-getting-worse-one-of-its-satellites-has-exploded-in-orbit-with-debris-becoming-a-potential-threat-to-other-satellites/ar-AA1sNr30

[Copper]

And Russia’s space agency said it was tracking more than 80 fragments.

They have the more accurate count because they watched it blow up.

Just a guess.