MBAs and final-gasp lawyers concentrate on making the reported number go up in the short term, they won't take a hit now for a payoff in ten years.
MBAs and final-gasp lawyers concentrate on making the reported number go up in the short term, they won't take a hit now for a payoff in ten years.
Also the 707 tail was extended by 40ft to give it better minimum ground speed control, this was retroactively applied to already built planes. Very interesting to see how this was applied in the past with a lawyer at the helm vs the current ceo during the launch of the 737Max
Although the Wikipedia article cites the UK ARB as the influence, it was also in response to the 1959 crash [1] of a 707 being used for training, in which Dutch roll was induced and later became so violent it ripped 3 engines off the wings.
[0] https://en.wikipedia.org/wiki/Boeing_707#707-420
[1] https://en.wikipedia.org/wiki/1959_Washington_Boeing_707_cra...
Adding 12 meters to an aircraft is quite a big change.
Both the 707 and 747 were "bet the company" projects, in particular the 747 pushed Boeing to the brink of bankruptcy. However both were major successes because they took a gamble on the future of the aviation industry.
In these days of "fiduciary responsibility" it's difficult to imagine any public company taking that kind of risk. Risk is what should make returns.