Boeing made a lot of executives super rich with buybacks and equity compensation, this led directly to the shoddy engineering choices.
Boeing made a lot of executives super rich with buybacks and equity compensation, this led directly to the shoddy engineering choices.
But this would require boards and executives who didn't want to just grant themselves huge amounts of equity while buying back stock. So far not many boards are standing up for this.
This news story is about Boeing, so yes I'm going to talk about Boeing here.
Do you work in defense or aerospace? You seem to be taking this personally for some reason.
First, if you think Airbus is any better, you should think again.
Second, what do you mean by "all modern Boeing planes"? If you just mean "planes designed after the merger with McDonnell Douglas", that's just the 787 and the 737 Max. The latter is grounded and the former only flies select long haul routes. For the average US business traveler they're a non-issue.