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Boeing says it might have to shut down 737 Max production
New York (CNN Business)Boeing CEO Dennis Muilenburg warned investors Wednesday that the company might need to further slow or temporarily halt its 737 Max production. Boeing has continued to build the 737 Max, its bestselling jet, although at a slower pace. The plane has been grounded since mid-March because of two fatal crashes that killed more than 300 people. Boeing hopes to get approval for the plane to fly again sometime early in the fourth quarter. Muilenburg said any further delays in… (www.cnn.com) Más...Sort type: [Top] [Newest]
Isn't poor management what led to the demise of McDonnell Douglas in the 90's? Boeing isn't broke like MD was at the end, but this whole thing of designing things on the cheap and cutting corners is what bankrupted their former competitor in the first place.
EXCELLENT COMMENT!
Instead of shouting, please disable your CapsLock key and try using the up/down voting arrows.
I do that when somegthing is caped for posiivve emphasis regarding an excellent squawk. I am not yelling.
And you were not yelling when you accused me of being insane?
I wonder if any MD staff is still with them after the buy out...? With their same philosophies.
Very Much Yes with very much the same philosophies. But, they thought they could make it work this time.
I’m sure the main reason McDonnell Douglas (MD) failed was California Workers' Compensation (WC) Fraud by Medical Doctors, plaintiff/applicant attorneys and major insurance companies (most if not all of the big and small ones - you know many of their names).
Some of the insurance companies/administrators in California that I worked for gladly paid 100% of all obviously fraudulent and exorbitantly billed WC claims; because, the law in California was WC insurance carriers got 140% for whatever they paid on behalf of employers to medial/legal, applicant doctors.
Moreover, California apparently has the highest WC cost system in the USA, but, provides the least amount of benefits to injured workers of all 50 states.
As an insurance adjuster, starting straight out of the USAF in 1986 for a major insurance carrier, literally every other employer for which I did an onsite WC injury investigation in the Los Angeles basin was insolvent; and, the reason always given was “we couldn’t afford the WC insurance premiums.”
Even some of my defense attorneys were apparently “on the take,” apparently, receiving kick backs in the form of cocaine and cash to get me and other adjusters to pay the fraudulent bills to avoid litigation. I fired an entire, substantial law firm, substituted out their files, and, the firm folded.
I fought tooth and nail against the system for six years, willingly working 100 hour weeks when being paid for 40 hours, not being an idiot Californian, initially being hired specifically, because, I wasn’t from California and being prior military.
In fact, I solely started the war against California WC fraud in 1989, with the assistance of one honest defense attorney; and, what I solely started eventually gave California Governor Arnold Schwarzenegger his signature, major accomplishment in office, California WC reform.
I to this day highly respect Governor Schwarzenegger for being an honest and business-minded governor. He’s been the best to date of all California governors.
My respect is so high for then Governor Schwarzenegger, for several years after the reform, I told many other business persons that “I’d take a bullet for Arnold.” I’ve ultimate respect for that man.
To me, apparently crooked doctors, insurance companies/administrators, attorneys, politicians & judges, and, a terrible labor-employee pool to pick from brought down McDonnell Douglas.
Some of the insurance companies/administrators in California that I worked for gladly paid 100% of all obviously fraudulent and exorbitantly billed WC claims; because, the law in California was WC insurance carriers got 140% for whatever they paid on behalf of employers to medial/legal, applicant doctors.
Moreover, California apparently has the highest WC cost system in the USA, but, provides the least amount of benefits to injured workers of all 50 states.
As an insurance adjuster, starting straight out of the USAF in 1986 for a major insurance carrier, literally every other employer for which I did an onsite WC injury investigation in the Los Angeles basin was insolvent; and, the reason always given was “we couldn’t afford the WC insurance premiums.”
Even some of my defense attorneys were apparently “on the take,” apparently, receiving kick backs in the form of cocaine and cash to get me and other adjusters to pay the fraudulent bills to avoid litigation. I fired an entire, substantial law firm, substituted out their files, and, the firm folded.
I fought tooth and nail against the system for six years, willingly working 100 hour weeks when being paid for 40 hours, not being an idiot Californian, initially being hired specifically, because, I wasn’t from California and being prior military.
In fact, I solely started the war against California WC fraud in 1989, with the assistance of one honest defense attorney; and, what I solely started eventually gave California Governor Arnold Schwarzenegger his signature, major accomplishment in office, California WC reform.
I to this day highly respect Governor Schwarzenegger for being an honest and business-minded governor. He’s been the best to date of all California governors.
My respect is so high for then Governor Schwarzenegger, for several years after the reform, I told many other business persons that “I’d take a bullet for Arnold.” I’ve ultimate respect for that man.
To me, apparently crooked doctors, insurance companies/administrators, attorneys, politicians & judges, and, a terrible labor-employee pool to pick from brought down McDonnell Douglas.