Evolve Publication’s Post

You only get what you pay for

🤦🏻♂️ The events of Boeing in the recent years are a textbook example of lack of Paychological Safety. 💡If you are interested in the topic, I would highly recommend to watch the documentary “Downfall: the case against Boeing”. 😔 It’s a tragedy that life critical companies still operate with such a culture of fear. #psychologicalsafety #elevatingperformance #thehumanway

🚨 Big News Alert: Boeing CEO Dave Calhoun is set to step down by the year-end, signaling a major leadership shift. Alongside Calhoun, board chair Larry Kellner will transition out by May. Stan Deal, head of Commercial Airplanes, departs immediately. Amid intense scrutiny over safety and manufacturing practices, the company is taking decisive steps to reinforce its commitment to quality and safety. Last week, Boeing agreed to deploy board members, including Kellner, to engage with concerned airline CEOs in an effort to address ongoing issues. In a memo to employees obtained by Business Insider, Calhoun emphasized the importance of a "total commitment to safety and quality at every level of our company," recognizing that "the eyes of the world are on us." Meanwhile, Bloomberg reports that the Federal Aviation Administration (FAA) may impose restrictions on United Airlines' new routes following a series of safety incidents, further underscoring the need for rigorous safety protocols and operational excellence across the industry. Stay tuned for further updates as Boeing navigates these transitions and continues its efforts to uphold the highest standards of safety and quality. #boeing #legacycomponenets #boeingnews #supplychain #nolinesdown #componentsdistributor #components #buygoodparts

Specific thoughts on the recent industrial management of the Boeing 737 NG/Max Following recent incidents, Boeing has decided to return most of the fuselages to its main subcontractor, on the grounds of non-compliance with the dimensions between the fixings of the metal parts and the composite parts. Since the release of the Max, and more particularly since the tragedies of 2019, we have seen a refinement between the number of orders taken, cancellations and actual deliveries. Cumulative orders since 2017: 2,686 Deliveries since 2017: 1486 Or 55.3% Cumulative orders since 2019: 1522 Deliveries since 2019: 1156 Or 75.9% The NG/Max series are twice as reliable as the previous ones (incident rate decreased from .54 to .27 losses per million starts) It seems like : - previous production rates were excessive - buyer reactions to incidents were amplified compared to the previous sequence The decision to return part of the parts to the subcontractor is justified. A renegotiation of the terms of the contracts would be welcome. Break news: Boeing and Spirit AeroSystems reach an agreement for a cash advance to maintain production levels. Before his departure, Dave Calhoun is optimistic. Will the stock market and the clients appreciate rewarding blunders ? https://lnkd.in/dkbaN8v6 https://lnkd.in/ds7TeDAt

Since January 2024, I've been closely following all news related to Boeing. The recent report from the FAA highlighting United Airline as the sole carrier using outdated components in its 737s has sparked more questions than answers. Despite their expertise, how did top management make a series of detrimental decisions, jeopardizing the company's standing and global safety? I believe addressing blind spots in American manufacturing and businesses is crucial to prevent such incidents in the future. #Boeing #FAA #AviationSafety #BusinessEthics

We should not reward value destruction. This news is just appalling. After the incredibly flawed performance of Boeing there really is no justifiable explanation for this outrageous compensation awarded to the outgoing CEO Perhaps Boeing know this, which is why the news is coming out after markets have closed on an otherwise quiet weekend. With honor and self-respect, outgoing CEO Calhoun would be well advised to decline the compensation and leave. Now. ⚡️Airlines have been impacted. ⚡️Pilots and crews are being impacted. ⚡️Trust and confidence in the carrier is at an all time low. Now is not the time to hike CEO compensation.

Boeing Resumes 737 MAX Production Amid Challenges Post-Strike Boeing has restarted 737 MAX production at its Renton, Washington plant after a seven-week strike by 33,000 workers. While operations have resumed, production remains slower due to ongoing supply chain issues and regulatory constraints from the FAA, which currently limits output to 38 planes per month following safety concerns earlier this year. With over 4,200 pending orders and growing airline demand, Boeing is under pressure to meet targets while maintaining safety and quality. Analysts predict production may not reach its goal of 56 planes per month until 2025. Read more about how Boeing is navigating these challenges to stabilize operations and meet industry demands - https://lnkd.in/eU-gK6Nz Boeing #boeing #boeinglovers #boeing737 #boeinglover #boeing737max #aircraft #aircraftlovers #aircrafts #washington #dc #renton #faa #planes #aviation #aviationlove #aviationindustry #aviationnews #breakingnews #latestnews #globalnews #aviators #AviationToday

Massive disruptions ahead! Boeing drops a bombshell with up to 17,000 job cuts 💣 $5 billion loss rocks the company’s foundation 💸 But there's more…...  delays hitting the 777X project,  and the implications are huge for the aerospace industry! 🛩️ How will this reshape the future of aviation? 🌍 Get ready for a turbulent ride through Boeing's challenging landscape 🌀 What does this mean for the workforce and industry stability? 🧐 Read more on this dramatic turn of events and its ripple effects https://lnkd.in/d6a4pWqf  @karmactive 📰 Stay informed, stay connected! 📲  #Boeing #Aerospace #JobCuts #FinancialLoss #Aviation

I wrote for MarketWatch about the trouble at Boeing And how the problem isn’t too much diversity It’s the opposite: too much groupthink! “David Calhoun is the latest of a spate of CEOs to step down in disgrace, his fall cushioned by the usual golden parachute. This couldn’t be much more predictable. When Calhoun was hired in 2020, he was promised a $7 million bonus, directly linked to returning the 737 Max to the skies. As U.S. Sens. Edward Markey, Richard Blumenthal and Tammy Baldwin commented in a letter to Boeing’s board at the time, “This payment represents a clear financial incentive for Mr. Calhoun to pressure regulators into ungrounding the 737 Max, as well as rush the investigations and reforms needed to guarantee public safety.” While some have been keen to frame Boeing’s problems as a consequence of its DEI (diversity, equity and inclusion) efforts, this argument is wildly unconvincing. What Boeing’s problems actually illustrate is that despite corporations adding more women and minorities to boards and C-suites over the past several years, conformity of thought and the strength of social ties are more powerful. The actual problem isn’t a lack of controls, visibility or knowledge. Rather, it is group dynamics.”

🛫 Boeing's top U.S. customers are making their voices heard, seeking a direct meeting with the board of directors to address concerns over recent accidents and production issues. Amidst mounting frustration, Boeing is responding by offering Chairman Larry Kellner and other board members to meet airline leaders. This move reflects an unusual level of dissatisfaction and underscores the severity of Boeing's challenges under CEO David Calhoun. As Boeing navigates through these turbulent times, customer feedback remains pivotal in shaping its path forward. #Boeing #CustomerFeedback #AviationChallenges ✈️